EB Options History — September 2025

In September 2025, EB traded between $2.50 and $3.10. ATM implied volatility averaged 56.5%, placing in the 12.8% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded above realized volatility by 4.7% (HV 20d: 51.8%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 2.52.

Notable Days

  • 2025-09-09: Highest Volume — 644 contracts
  • 2025-09-09: Largest IV spike — 104.2% change
  • 2025-09-09: Highest IV Rank — 28.6%
  • 2025-09-29: Largest Expected Move — 19.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.78$2.50$3.10$2.67$2.50
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV56.5%35.4%82.5%48.1%57.0%
Expected Move15.4%10.1%19.6%13.8%16.3%
HV 20d51.8%39.7%76.5%73.6%56.1%
HV 60d58.8%56.7%62.8%56.7%62.8%
IV Rank12.8%0.0%28.6%7.2%13.3%
IV Percentile27.4%0.0%74.2%6.0%22.6%
Term Structure1.0%-17.5%18.2%10.3%-6.1%
VWIV59.4%46.7%77.4%52.1%59.1%
Bid-Ask Spread %71.106.5596.2796.2774.93
Gamma HHI0.800.660.890.870.82
Net GEX-6.6K-15.3K603-5.5K-4.0K
Net DEX-542.7K-1.3M263.6K-189.5K263.6K
Net VEX-7.1K-8.3K-5.8K-8.2K-6.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.520.0045.000.000.70
Total Volume123.095164410291
Total OI18,300.61917,58218,81818,40317,707

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$2.67$2.5048.1%13.8%73.6%7.2%0.0%0.0%10.3%-5.5K-189.5K-8.2K0.0096.27N/AN/A1007,81110,592
2025-09-03$2.75$2.5052.0%14.9%73.4%9.6%0.0%0.0%6.7%-2.4K-577.0K-7.8K0.0093.94N/AN/A20108,01110,592
2025-09-04$2.60$2.5059.9%15.2%76.5%14.5%0.0%0.0%-1.0%-2.6K-43.0K-8.3K0.0082.08N/AN/A017,91810,592
2025-09-05$2.62$2.5070.2%14.9%68.3%20.9%52.1%0.0%1.7%-2.3K-126.0K-8.2K0.5074.08N/AN/A847,91810,593
2025-09-08$2.73$2.5040.4%13.6%50.4%2.5%76.3%0.0%5.0%-4.0K-403.3K-7.7K0.0464.23N/AN/A261107,91910,592
2025-09-09$2.73$2.5082.5%11.4%49.9%28.6%0.0%0.0%12.7%-1.5K-428.9K-7.9K0.0061.02N/AN/A64408,17910,582
2025-09-10$2.71$2.5035.4%10.1%50.1%0.0%0.0%0.0%18.2%603-506.4K-7.8K0.0066.85N/AN/A1108,16910,582
2025-09-11$2.74$2.5049.9%14.3%48.8%8.9%60.7%0.0%-11.7%-7.4K-541.7K-7.7K45.0059.83N/AN/A2908,16810,582
2025-09-12$2.71$2.5057.7%16.5%48.6%13.7%60.9%0.0%-8.2%-5.4K-437.7K-7.8K0.0085.23N/AN/A508,16910,497
2025-09-15$2.73$2.5037.4%10.7%48.0%1.2%0.0%0.0%17.8%-2.2K-533.3K-7.3K0.0066.33N/AN/A058,16910,497
2025-09-16$2.79$2.5066.5%19.1%43.8%19.2%0.0%0.0%-17.5%-9.1K-678.7K-7.2K0.0059.00N/AN/A1108,16910,502
2025-09-17$2.91$2.5066.9%19.2%42.0%19.4%0.0%0.0%-5.3%-10.6K-908.5K-6.9K0.0483.93N/AN/A7638,16310,502
2025-09-18$3.05$2.5062.1%17.8%42.0%16.4%46.7%0.0%-2.6%-11.4K-1.3M-5.9K0.4385.30N/AN/A4071758,19710,505
2025-09-19$3.02$2.5065.0%18.6%40.4%18.3%52.6%0.0%4.7%-11.4K-1.3M-6.1K1.1887.63N/AN/A851008,47810,340
2025-09-22$3.10$2.5047.1%13.5%39.7%7.2%52.9%0.0%11.6%-15.3K-1.1M-5.8K0.0356.30N/AN/A3117,35210,230
2025-09-23$2.92$2.5057.3%16.4%46.4%13.5%67.6%0.0%-6.7%-11.0K-828.1K-5.9K0.006.55N/AN/A2807,36710,231
2025-09-24$2.84$2.5066.0%18.9%46.9%18.9%77.4%0.0%-9.6%-10.6K-686.5K-6.1K0.0054.64N/AN/A407,36110,231
2025-09-25$2.79$2.5060.0%17.2%46.6%15.2%56.7%0.0%1.8%-8.9K-460.3K-6.6K0.0087.47N/AN/A1407,37010,231
2025-09-26$2.69$2.5036.5%10.5%48.1%0.7%48.1%0.0%5.5%-6.5K-361.7K-6.5K0.0062.13N/AN/A2207,38310,231
2025-09-29$2.71$2.5068.3%19.6%48.1%20.3%61.2%0.0%-5.9%-6.9K-273.7K-6.8K0.0185.34N/AN/A8417,40010,231
2025-09-30$2.50$2.5057.0%16.3%56.1%13.3%59.1%0.0%-6.1%-4.0K263.6K-6.8K0.7074.93N/AN/A1711207,47510,232