EB Options History — March 2025

In March 2025, EB traded between $2.13 and $2.63. ATM implied volatility averaged 58.9%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 19.5%. IV traded below realized volatility by 23.8% (HV 20d: 82.7%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 2.04.

Notable Days

  • 2025-03-07: Highest Volume — 3,114 contracts
  • 2025-03-28: Largest IV spike — 67.6% change
  • 2025-03-03: Highest IV Rank — 28.8%
  • 2025-03-14: Largest Expected Move — 25.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.32$2.13$2.63$2.45$2.13
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV58.9%43.0%79.5%79.5%58.0%
Expected Move19.5%16.3%25.2%22.8%16.3%
HV 20d82.7%48.4%88.5%83.4%48.6%
HV 60d66.0%64.0%69.2%66.6%64.3%
IV Rank16.3%6.8%28.8%28.8%15.8%
IV Percentile32.4%4.4%68.3%68.3%33.7%
Term Structure5.7%-24.5%26.9%-18.4%-15.1%
VWIV73.8%60.5%114.5%79.5%65.6%
Bid-Ask Spread %72.0320.71108.2265.2886.23
Gamma HHI0.800.500.920.500.92
Net GEX10.9K1.8K18.5K2.1K14.7K
Net DEX-353.3K-563.9K-33.7K-61.8K-321.2K
Net VEX-2.7K-3.7K-1.1K-1.2K-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.040.0020.000.010.00
Total Volume490.57103,114143520
Total OI8,156.2864,71510,1524,81610,152

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$2.45$2.5079.5%22.8%83.4%28.8%79.5%0.0%-18.4%2.1K-61.8K-1.2K0.0165.28N/AN/A14124,172644
2025-03-04$2.63$2.5074.0%21.2%88.5%25.5%74.5%0.0%-14.0%2.4K-131.3K-1.3K0.0070.08N/AN/A6804,118646
2025-03-05$2.48$2.5072.1%20.7%87.4%24.3%72.1%0.0%3.2%2.0K-67.6K-1.2K0.6368.65N/AN/A104654,069646
2025-03-06$2.46$2.5068.3%19.6%87.4%22.0%0.0%0.0%-0.2%1.9K-72.8K-1.2K0.0079.32N/AN/A1804,073689
2025-03-07$2.40$2.5063.7%18.3%85.2%19.2%76.5%0.0%3.7%1.8K-33.7K-1.1K0.0064.91N/AN/A3,10684,075689
2025-03-10$2.33$2.5064.3%18.4%84.6%19.6%0.0%0.0%-5.6%6.0K-189.9K-1.8K0.0069.03N/AN/A2,47825,604687
2025-03-11$2.25$2.5065.8%21.0%83.6%20.5%64.8%0.0%-9.2%9.8K-339.0K-2.6K0.0093.51N/AN/A72527,192689
2025-03-12$2.23$2.5043.0%19.1%83.7%6.8%63.0%0.0%16.5%10.1K-284.4K-2.5K0.0093.09N/AN/A1,05137,192689
2025-03-13$2.17$2.5047.0%21.9%83.5%9.2%70.3%0.0%13.4%10.1K-283.3K-2.6K0.0064.27N/AN/A93817,765688
2025-03-14$2.27$2.5053.8%25.2%85.4%13.2%114.5%0.0%21.9%13.3K-521.7K-3.3K0.44108.22N/AN/A68308,689688
2025-03-17$2.29$2.5071.4%17.2%86.1%23.9%0.0%0.0%-11.7%14.3K-523.5K-3.4K20.0056.93N/AN/A1208,697718
2025-03-18$2.25$2.5052.8%17.8%86.1%12.7%0.0%0.0%15.5%13.3K-446.5K-3.3K16.0061.48N/AN/A1168,697738
2025-03-19$2.33$2.5053.5%17.4%87.5%13.1%60.5%0.0%19.6%14.6K-517.9K-3.3K0.1720.71N/AN/A119208,697753
2025-03-20$2.34$0.0050.5%19.1%87.8%11.3%0.0%0.0%25.9%15.8K-513.2K-3.5K1.1070.46N/AN/A10118,808773
2025-03-21$2.33$0.0050.4%17.2%87.9%11.2%0.0%0.0%17.5%16.3K-477.4K-3.3K0.0477.79N/AN/A5728,808764
2025-03-24$2.35$0.0055.4%20.1%88.0%14.2%70.1%0.0%26.9%15.9K-561.7K-3.5K0.0361.12N/AN/A620168,725761
2025-03-25$2.33$2.5044.6%19.1%88.0%7.7%0.0%0.0%20.6%18.5K-563.9K-3.7K0.0068.26N/AN/A009,334776
2025-03-26$2.25$2.5049.5%19.0%88.2%10.6%0.0%0.0%11.7%15.6K-541.7K-3.6K0.0084.70N/AN/A509,334776
2025-03-27$2.25$2.5044.5%18.7%88.0%7.7%65.6%0.0%21.8%16.2K-504.7K-3.5K0.3757.87N/AN/A54209,339776
2025-03-28$2.17$2.5074.6%18.7%48.4%25.8%0.0%0.0%-24.5%14.5K-462.9K-3.4K0.0090.73N/AN/A009,366786
2025-03-31$2.13$2.5058.0%16.3%48.6%15.8%0.0%0.0%-15.1%14.7K-321.2K-3.0K0.0086.23N/AN/A52009,366786