EB Options History — December 2025

In December 2025, EB traded between $2.49 and $4.45. ATM implied volatility averaged 30.0%, placing in the 5.3% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 164.6% (HV 20d: 194.6%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.16.

Notable Days

  • 2025-12-02: Highest Volume — 5,127 contracts
  • 2025-12-02: Largest IV drop — 69.5% change
  • 2025-12-01: Highest IV Rank — 39.9%
  • 2025-12-01: Largest Expected Move — 26.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.35$2.49$4.45$2.49$4.45
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV30.0%19.0%90.6%90.6%29.1%
Expected Move8.0%5.4%26.0%26.0%8.3%
HV 20d194.6%2.5%221.9%86.3%2.5%
HV 60d128.5%60.4%133.0%60.4%129.4%
IV Rank5.3%0.0%39.9%39.9%6.5%
IV Percentile5.8%0.0%81.0%81.0%5.2%
Term Structure-7.4%-12.8%8.6%-5.3%-12.8%
VWIV44.7%25.6%90.6%90.6%29.7%
Bid-Ask Spread %15.756.7665.8965.8913.38
Gamma HHI1.000.891.000.891.00
Net GEX45.5K-39.8K58.6K-39.8K46.8K
Net DEX-1.0M-1.6M823.1K823.1K-447.5K
Net VEX-2.3K-4.3K-1.9K-4.3K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.160.001.670.000.10
Total Volume561.36405,12721107
Total OI18,137.6828,16023,86419,5818,160

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$2.49$2.5090.6%26.0%86.3%39.9%90.6%0.0%-5.3%-39.8K823.1K-4.3K0.0065.89N/AN/A2108,14611,435
2025-12-02$4.44$2.5027.7%7.9%221.9%0.0%33.2%0.0%-11.0%40.4K-1.6M-2.2K0.2139.06N/AN/A4,2498788,16011,435
2025-12-03$4.44$2.5028.5%8.2%219.4%0.6%36.6%0.0%-11.7%45.9K-1.5M-2.6K0.0225.33N/AN/A3,316639,36011,579
2025-12-04$4.44$2.5029.4%5.9%219.3%1.2%0.0%0.0%-4.9%48.6K-1.4M-1.9K0.1112.25N/AN/A1,42915810,92211,608
2025-12-05$4.44$2.5030.4%5.9%217.9%1.9%0.0%0.0%-5.1%55.3K-1.4M-2.4K0.0514.71N/AN/A1891011,64511,750
2025-12-08$4.42$2.5032.1%6.0%210.3%3.0%68.7%0.0%-5.8%47.4K-1.3M-2.1K0.0512.56N/AN/A2831311,75411,758
2025-12-09$4.44$2.5035.8%5.4%210.3%5.6%0.0%0.0%-5.8%54.3K-1.4M-2.2K0.019.92N/AN/A614511,85011,753
2025-12-10$4.44$2.5019.0%5.4%209.9%0.0%30.4%0.0%-6.0%55.0K-1.4M-2.4K0.109.92N/AN/A1211212,11211,752
2025-12-11$4.44$2.5022.3%6.4%209.5%2.1%25.6%0.0%-6.2%58.6K-1.4M-2.4K0.3111.71N/AN/A13411,86211,747
2025-12-12$4.44$2.5022.6%6.5%208.3%2.3%0.0%0.0%-6.5%58.3K-1.4M-2.4K0.019.42N/AN/A174211,86011,744
2025-12-15$4.44$2.5023.6%6.8%207.5%3.0%0.0%0.0%-7.2%47.2K-1.4M-2.2K0.159.42N/AN/A671011,70111,743
2025-12-16$4.44$2.5024.0%6.9%207.1%3.2%0.0%0.0%-7.5%48.0K-1.4M-2.3K0.319.42N/AN/A351111,74711,741
2025-12-17$4.44$2.5024.3%7.0%206.8%3.5%42.9%0.0%-7.8%48.0K-1.4M-2.3K0.198.57N/AN/A32611,78211,739
2025-12-18$4.44$2.5021.3%6.1%206.3%1.5%0.0%0.0%8.6%45.6K-1.4M-2.2K0.0028.42N/AN/A0111,79011,742
2025-12-19$4.44$2.5025.2%7.2%206.1%4.0%0.0%0.0%-7.5%43.5K-1.3M-2.1K0.008.57N/AN/A455011,79011,742
2025-12-22$4.45$2.5029.3%8.4%206.3%6.7%0.0%0.0%-8.3%52.5K-492.0K-2.3K0.007.65N/AN/A1007,671508
2025-12-23$4.45$2.5029.9%8.6%205.2%7.0%0.0%0.0%-8.6%52.4K-496.1K-2.3K0.006.76N/AN/A2107,681508
2025-12-24$4.45$2.5034.0%9.8%205.2%9.7%0.0%0.0%-9.0%52.9K-516.0K-2.3K0.009.97N/AN/A107,683508
2025-12-26$4.45$2.5025.5%7.3%205.3%4.2%0.0%0.0%-9.9%47.4K-440.7K-2.0K1.679.92N/AN/A357,683504
2025-12-29$4.45$2.5027.5%7.9%205.2%5.5%0.0%0.0%-11.5%47.0K-438.5K-2.0K0.0014.83N/AN/A007,683504
2025-12-30$4.45$2.5028.2%8.1%205.3%6.0%0.0%0.0%-12.1%46.4K-432.8K-2.0K0.008.86N/AN/A3207,683504
2025-12-31$4.45$2.5029.1%8.3%2.5%6.5%29.7%0.0%-12.8%46.8K-447.5K-1.9K0.1013.38N/AN/A97107,705455