EB Options History — February 2024

In February 2024, EB traded between $5.62 and $9.16. ATM implied volatility averaged 65.0%, placing in the 55.2% IV rank vs the trailing year. The 30-day expected move averaged 19.8%. IV traded above realized volatility by 17.7% (HV 20d: 47.4%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.91.

Notable Days

  • 2024-02-26: Highest Volume — 1,936 contracts
  • 2024-02-07: Largest IV spike — 60.5% change
  • 2024-02-27: Highest IV Rank — 93.8%
  • 2024-02-27: Largest Expected Move — 25.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.29$5.62$9.16$8.57$5.62
Max Pain$7.38$5.00$7.50$7.50$5.00
ATM IV65.0%39.1%89.4%59.3%71.7%
Expected Move19.8%17.1%25.6%18.2%20.5%
HV 20d47.4%29.0%133.7%34.7%133.7%
HV 60d50.5%44.0%87.4%48.0%86.8%
IV Rank55.2%14.1%93.8%46.2%65.7%
IV Percentile68.0%2.4%98.8%60.3%85.3%
Term Structure-9.8%-28.7%12.9%-5.3%-18.0%
VWIV67.7%44.0%86.9%56.8%71.5%
Skew 25d7.6%-5.5%28.6%6.8%12.5%
Skew 10d23.5%-8.5%46.4%26.9%43.9%
Call IV 25d63.7%44.1%85.0%56.4%57.6%
Put IV 25d71.3%63.0%90.1%63.2%70.2%
Bid-Ask Spread %64.1435.5081.5066.7959.51
Gamma HHI0.610.320.750.690.50
Net GEX9.4K51013.6K13.6K8.9K
Net DEX-312.2K-481.6K459.4K-432.1K119.2K
Net VEX-3.2K-6.8K-2.8K-3.0K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.008.330.000.03
Total Volume321.5511,936151,767
Total OI2,645.552,2185,5622,2185,562

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$8.57$7.5059.3%18.2%34.7%46.2%0.0%6.8%-5.3%13.6K-432.1K-3.0K0.0066.79N/AN/A1501,731487
2024-02-02$8.66$7.5039.1%18.5%32.9%14.1%56.8%8.8%-8.2%11.2K-442.3K-3.0K3.0052.04N/AN/A4121,746487
2024-02-05$8.45$7.5043.2%18.7%34.3%20.7%59.3%6.4%-5.0%9.5K-385.7K-2.9K0.0077.89N/AN/A1201,750499
2024-02-06$8.41$7.5040.5%19.0%34.4%16.5%0.0%4.0%-7.6%8.8K-370.1K-2.8K0.0067.56N/AN/A201,750500
2024-02-07$8.41$7.5065.0%18.6%29.0%55.2%0.0%4.4%-8.3%8.9K-372.9K-2.8K3.0035.88N/AN/A4121,750500
2024-02-08$8.64$7.5066.8%19.1%30.0%57.9%0.0%5.6%-8.0%10.8K-418.7K-2.9K0.0035.50N/AN/A11101,750497
2024-02-09$8.77$7.5062.2%17.8%30.2%50.7%64.7%8.2%-7.3%11.3K-448.9K-3.0K1.1169.40N/AN/A1061181,740497
2024-02-12$9.00$7.5060.7%17.4%30.2%48.4%60.2%13.3%-5.5%8.3K-397.6K-3.1K0.0969.14N/AN/A8881,703610
2024-02-13$8.50$7.5068.5%19.6%36.9%60.7%67.1%2.7%-7.2%8.4K-311.2K-3.0K8.3377.68N/AN/A3251,784611
2024-02-14$8.79$7.5063.0%18.1%37.6%52.0%70.6%5.9%-6.8%9.0K-377.6K-3.1K0.0166.77N/AN/A18021,787612
2024-02-15$9.16$7.5063.7%18.3%39.3%53.2%63.8%14.8%-8.7%10.6K-478.8K-3.4K0.0467.67N/AN/A256101,910614
2024-02-16$8.84$7.5066.1%18.9%41.9%56.8%66.0%8.4%-9.3%10.8K-481.6K-3.4K0.0071.09N/AN/A902,036619
2024-02-20$8.70$7.5076.4%21.9%42.6%73.1%0.0%7.8%-14.6%10.6K-397.6K-3.3K0.0078.49N/AN/A701,639586
2024-02-21$8.36$7.5074.0%21.2%45.5%69.5%74.0%0.9%-12.1%9.6K-312.5K-3.1K0.0079.50N/AN/A011,646586
2024-02-22$8.16$7.5075.2%21.6%46.5%71.3%75.3%6.9%-16.5%9.1K-259.2K-2.9K0.2781.50N/AN/A37101,646587
2024-02-23$8.36$7.5076.4%21.9%45.0%73.1%75.4%3.1%-13.4%9.8K-305.4K-3.0K0.2368.41N/AN/A3071,649592
2024-02-26$8.20$7.5079.9%22.9%45.5%78.7%80.4%-5.5%-17.4%9.2K-283.2K-2.9K0.9251.22N/AN/A1,0089281,679593
2024-02-27$8.34$7.5089.4%25.6%43.1%93.8%86.9%8.1%-28.7%10.1K-347.0K-6.8K0.0950.75N/AN/A257242,5251,421
2024-02-28$5.83$7.5059.8%17.1%133.6%47.0%44.0%28.6%12.9%510459.4K-2.9K0.1156.07N/AN/A1,2451332,7901,440
2024-02-29$5.62$5.0071.7%20.5%133.7%65.7%71.5%12.5%-18.0%8.9K119.2K-3.2K0.0359.51N/AN/A1,719484,0931,469