EB Options History — November 2025

In November 2025, EB traded between $2.17 and $2.88. ATM implied volatility averaged 97.9%, placing in the 41.6% IV rank vs the trailing year. The 30-day expected move averaged 26.5%. IV traded above realized volatility by 22.7% (HV 20d: 75.2%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.37.

Notable Days

  • 2025-11-07: Highest Volume — 32,746 contracts
  • 2025-11-04: Largest IV drop — 45.6% change
  • 2025-11-10: Highest IV Rank — 61.8%
  • 2025-11-03: Largest Expected Move — 36.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.54$2.17$2.88$2.42$2.48
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV97.9%69.7%135.6%128.1%89.2%
Expected Move26.5%20.0%36.7%36.7%25.6%
HV 20d75.2%34.1%87.5%34.1%86.5%
HV 60d58.4%45.2%62.1%45.2%60.4%
IV Rank41.6%21.2%61.8%57.1%38.9%
IV Percentile85.7%57.9%97.6%95.2%79.8%
Term Structure-4.2%-26.7%31.1%17.1%-2.3%
VWIV91.1%62.8%114.8%73.8%88.9%
Bid-Ask Spread %68.6322.70133.50133.5080.02
Gamma HHI0.790.540.980.880.88
Net GEX-23.2K-37.0K-2.7K-18.4K-37.0K
Net DEX423.7K-514.9K1.3M499.7K864.6K
Net VEX-5.4K-6.6K-4.4K-5.0K-4.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.004.600.000.00
Total Volume1,876.474032,7461,00010
Total OI26,915.73715,31435,33815,31419,575

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$2.42$2.50128.1%36.7%34.1%57.1%0.0%0.0%17.1%-18.4K499.7K-5.0K0.00133.50N/AN/A01,0004,94810,366
2025-11-04$2.27$2.5069.7%20.0%39.8%21.2%0.0%0.0%-19.3%-31.9K1.2M-4.7K0.0092.78N/AN/A004,94811,366
2025-11-05$2.26$2.5084.1%24.1%38.5%30.0%0.0%0.0%-26.7%-32.0K1.2M-4.6K0.0079.06N/AN/A104,94811,365
2025-11-06$2.17$2.5093.3%21.0%40.7%35.7%73.8%0.0%-10.4%-27.4K1.3M-4.4K0.0059.34N/AN/A24304,94811,365
2025-11-07$2.63$2.50121.6%26.5%80.5%53.1%114.8%0.0%0.5%-24.9K529.1K-5.5K0.0122.70N/AN/A32,5102365,00711,370
2025-11-10$2.75$2.50135.6%28.3%81.5%61.8%101.0%0.0%-7.3%-20.1K-237.9K-6.5K0.2054.03N/AN/A3747523,69911,548
2025-11-11$2.70$2.50114.6%27.1%81.8%48.8%0.0%0.0%-7.1%-13.0K35.2K-6.6K0.4367.93N/AN/A462023,81411,524
2025-11-12$2.88$2.5096.6%27.7%83.8%37.7%0.0%0.0%-4.3%-11.7K-391.0K-6.6K0.0469.76N/AN/A113523,78611,523
2025-11-13$2.76$2.5080.0%22.9%85.8%27.5%62.8%0.0%31.1%-15.4K-514.9K-5.9K0.0262.80N/AN/A222423,80311,527
2025-11-14$2.67$2.5091.0%26.1%85.1%36.3%90.9%0.0%-1.1%-24.7K-113.5K-5.8K0.1963.42N/AN/A671323,72811,523
2025-11-17$2.63$2.5093.9%26.9%85.4%42.3%93.8%0.0%-3.9%-15.1K210.3K-5.9K0.0967.72N/AN/A2202023,76711,529
2025-11-18$2.59$2.5096.1%27.6%85.7%43.9%96.2%0.0%-7.3%-25.7K22.8K-5.5K0.4566.82N/AN/A11523,68111,527
2025-11-19$2.54$2.5095.4%27.4%86.0%43.4%95.4%0.0%-7.6%-13.5K397.3K-5.6K0.0062.41N/AN/A20023,67711,525
2025-11-20$2.51$2.5097.9%28.1%86.2%45.2%0.0%0.0%-9.0%-2.7K429.9K-5.5K0.0260.78N/AN/A204523,66111,518
2025-11-21$2.57$2.5093.4%26.8%86.4%42.0%0.0%0.0%-3.8%-29.2K169.9K-5.3K0.0067.22N/AN/A103023,57011,520
2025-11-24$2.48$2.5096.4%27.6%87.5%44.1%0.0%0.0%-10.0%-30.0K747.2K-5.0K0.1762.90N/AN/A81148,20111,411
2025-11-25$2.48$2.5093.6%26.8%86.7%42.1%93.5%0.0%-6.4%-32.3K843.2K-4.8K4.6066.82N/AN/A5238,13311,425
2025-11-26$2.49$2.5090.0%25.8%86.4%39.5%0.0%0.0%-2.1%-36.1K922.9K-4.7K0.0063.99N/AN/A308,13811,435
2025-11-28$2.48$2.5089.2%25.6%86.5%38.9%88.9%0.0%-2.3%-37.0K864.6K-4.5K0.0080.02N/AN/A1008,14011,435