EB Options History — March 2024

In March 2024, EB traded between $5.09 and $5.78. ATM implied volatility averaged 55.7%, placing in the 40.4% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded below realized volatility by 72.6% (HV 20d: 128.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.31.

Notable Days

  • 2024-03-12: Highest Volume — 1,607 contracts
  • 2024-03-26: Largest IV spike — 34.5% change
  • 2024-03-06: Highest IV Rank — 67.5%
  • 2024-03-07: Largest Expected Move — 16.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.50$5.09$5.78$5.72$5.47
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV55.7%39.1%72.8%56.2%49.0%
Expected Move15.3%11.2%16.7%16.1%14.1%
HV 20d128.3%53.4%138.6%133.8%53.4%
HV 60d87.3%85.8%88.3%86.3%85.8%
IV Rank40.4%14.2%67.5%41.2%29.9%
IV Percentile49.5%2.4%86.9%56.7%28.6%
Term Structure7.9%-15.8%23.7%-15.8%16.1%
VWIV53.6%30.5%70.2%70.2%48.4%
Skew 25d12.5%-19.3%33.4%-19.3%-1.4%
Skew 10d40.6%4.7%63.1%4.7%22.1%
Call IV 25d46.3%36.8%70.4%63.4%51.8%
Put IV 25d58.8%32.5%78.8%44.1%50.4%
Bid-Ask Spread %70.5354.6285.4454.6258.47
Gamma HHI0.530.290.900.700.30
Net GEX16.0K66748.1K22.2K971
Net DEX-210.8K-770.4K126.0K-728.0K45.1K
Net VEX-3.9K-4.4K-3.4K-4.1K-3.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.002.430.100.00
Total Volume366.6111,607213151
Total OI7,165.556,3728,3177,0266,749

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$5.72$5.0056.2%16.1%133.8%41.2%70.2%-19.3%-15.8%22.2K-728.0K-4.1K0.1054.62N/AN/A194195,6261,400
2024-03-04$5.36$5.0069.1%16.5%134.2%61.7%62.9%1.7%4.0%24.2K-358.6K-3.5K0.0985.44N/AN/A692645,2661,393
2024-03-05$5.12$5.0061.9%15.9%134.5%50.2%61.2%4.1%3.9%37.7K-296.5K-3.4K0.1485.26N/AN/A382525,8511,428
2024-03-06$5.29$5.0072.8%15.4%135.9%67.5%53.5%28.9%6.9%35.1K-488.3K-3.7K0.0677.31N/AN/A559315,9781,477
2024-03-07$5.53$5.0061.1%16.7%137.8%49.0%58.1%18.9%5.4%30.4K-770.4K-4.2K0.0677.85N/AN/A342216,4921,485
2024-03-08$5.46$5.0061.0%16.3%136.6%48.8%0.0%23.3%5.0%29.5K-587.5K-3.8K2.4377.92N/AN/A14346,2481,502
2024-03-11$5.29$5.0053.4%15.6%135.9%36.8%54.4%27.8%6.5%41.6K-523.3K-3.4K1.3876.04N/AN/A3625016,3541,501
2024-03-12$5.13$5.0054.0%15.2%134.6%37.8%53.0%33.0%8.1%48.1K-218.3K-3.7K0.0276.94N/AN/A1,581266,3152,002
2024-03-13$5.09$5.0052.1%14.9%134.3%34.8%52.1%33.4%7.4%30.0K-10.2K-3.8K0.9576.06N/AN/A60575,8592,023
2024-03-14$5.51$5.0054.6%15.6%137.9%38.7%51.8%9.4%8.0%1.4K-387.3K-4.2K0.0178.92N/AN/A71465,8472,079
2024-03-15$5.50$5.0053.9%15.5%136.1%37.6%53.6%8.5%7.5%761-343.5K-4.1K0.0279.55N/AN/A28165,8102,080
2024-03-18$5.75$5.0055.6%15.9%138.2%40.3%55.6%15.7%7.0%3.8K47.1K-4.4K0.3372.24N/AN/A226754,4842,032
2024-03-19$5.78$5.0056.6%16.2%138.6%41.8%55.8%16.8%9.0%2.4K126.0K-4.2K0.3862.08N/AN/A119454,2822,090
2024-03-20$5.78$5.0052.1%14.9%138.5%34.7%51.4%12.9%12.1%2.7K64.2K-4.3K0.0358.14N/AN/A17264,3782,062
2024-03-21$5.75$5.0047.9%13.7%138.6%28.2%43.1%14.6%23.7%2.5K35.9K-4.1K0.0358.31N/AN/A12944,4442,065
2024-03-22$5.69$5.0055.0%15.8%137.8%39.4%54.7%13.3%7.2%2.5K28.1K-4.0K0.0262.22N/AN/A11024,5342,065
2024-03-25$5.67$5.0039.1%11.2%137.9%14.2%30.5%-8.4%16.6%1.7K13.1K-3.9K0.0669.64N/AN/A12584,6322,066
2024-03-26$5.50$5.0052.6%15.1%137.3%35.5%51.9%8.2%11.9%66791.4K-3.7K0.0262.40N/AN/A14834,6002,066
2024-03-27$5.55$5.0055.7%16.0%54.6%40.5%55.7%8.4%7.1%2.0K44.6K-3.9K0.0061.10N/AN/A1104,6802,066
2024-03-28$5.47$5.0049.0%14.1%53.4%29.9%48.4%-1.4%16.1%97145.1K-3.5K0.0058.47N/AN/A15104,6832,066