EB Options History — January 2026

In January 2026, EB traded between $4.42 and $4.47. ATM implied volatility averaged 33.0%, placing in the 9.1% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 30.5% (HV 20d: 2.5%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.10.

Notable Days

  • 2026-01-29: Highest Volume — 508 contracts
  • 2026-01-14: Largest IV drop — 70.8% change
  • 2026-01-13: Highest IV Rank — 31.5%
  • 2026-01-12: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.46$4.42$4.47$4.44$4.42
Max Pain$4.88$2.50$5.00$2.50$5.00
ATM IV33.0%19.8%67.8%30.3%23.5%
Expected Move6.8%5.3%9.6%8.7%6.7%
HV 20d2.5%1.7%4.1%2.6%4.1%
HV 60d128.5%128.0%129.2%129.2%128.0%
IV Rank9.1%0.5%31.5%7.3%3.0%
IV Percentile10.2%0.4%58.3%6.7%3.2%
Term Structure-5.4%-14.6%10.8%-14.6%-9.1%
VWIV23.8%20.8%29.4%29.4%21.2%
Bid-Ask Spread %28.359.92154.899.9237.45
Gamma HHI1.001.001.001.001.00
Net GEX45.4K36.4K54.7K38.3K36.4K
Net DEX-408.6K-615.9K-283.4K-401.1K-325.6K
Net VEX-1.9K-2.6K-1.3K-1.6K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.750.000.17
Total Volume95.70508144152
Total OI7,815.97,0208,6638,2507,446

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$4.44$2.5030.3%8.7%2.6%7.3%0.0%0.0%-14.6%38.3K-401.1K-1.6K0.009.92N/AN/A14407,800450
2026-01-05$4.45$5.0034.9%5.8%2.7%10.3%0.0%0.0%-5.8%48.1K-422.4K-1.8K0.0713.38N/AN/A1517,851450
2026-01-06$4.46$5.0042.8%5.9%2.8%15.4%0.0%0.0%-5.8%53.8K-455.4K-2.1K0.0015.94N/AN/A10907,840450
2026-01-07$4.46$5.0045.1%6.6%2.2%16.9%29.4%0.0%-5.9%54.7K-484.9K-2.3K0.0035.76N/AN/A017,833450
2026-01-08$4.47$5.0048.3%5.4%1.7%19.0%0.0%0.0%-6.0%51.7K-428.4K-1.8K0.0013.71N/AN/A007,833451
2026-01-09$4.46$5.0051.1%5.3%2.0%20.7%0.0%0.0%-6.2%47.9K-431.0K-1.8K0.0013.71N/AN/A5107,833451
2026-01-12$4.47$5.0049.2%9.6%2.1%19.5%0.0%0.0%-6.6%43.1K-615.9K-2.6K0.00154.89N/AN/A9707,884451
2026-01-13$4.46$5.0067.8%5.6%2.3%31.5%0.0%0.0%-6.9%44.1K-436.6K-1.9K0.0014.77N/AN/A25107,902451
2026-01-14$4.46$5.0019.8%5.7%2.3%0.5%0.0%0.0%-7.1%46.7K-449.3K-2.1K0.0014.77N/AN/A008,144451
2026-01-15$4.46$5.0022.8%6.5%2.3%2.5%0.0%0.0%10.8%46.2K-441.3K-2.0K0.0617.36N/AN/A8158,144451
2026-01-16$4.47$5.0020.6%5.9%2.4%1.1%0.0%0.0%10.7%49.7K-460.8K-2.0K0.3314.77N/AN/A45158,212451
2026-01-20$4.46$5.0024.6%7.0%2.6%3.6%0.0%0.0%-5.7%43.3K-477.1K-2.5K0.0035.20N/AN/A506,683340
2026-01-21$4.46$5.0024.9%7.2%2.6%3.9%0.0%0.0%-5.9%46.5K-339.7K-2.0K0.0017.36N/AN/A006,683340
2026-01-22$4.46$5.0025.4%7.3%2.4%4.2%0.0%0.0%-6.2%46.6K-339.4K-2.0K0.0017.36N/AN/A006,680340
2026-01-23$4.46$5.0025.8%7.4%2.4%4.5%0.0%0.0%-6.4%40.9K-297.3K-1.5K0.0042.42N/AN/A39006,680340
2026-01-26$4.46$5.0027.3%7.8%2.4%5.4%0.0%0.0%-7.2%47.1K-340.2K-2.0K0.0017.36N/AN/A3006,773340
2026-01-27$4.46$5.0027.8%8.0%2.4%5.8%0.0%0.0%-7.5%41.6K-300.2K-1.5K0.0017.36N/AN/A006,803340
2026-01-28$4.46$5.0024.9%7.1%2.4%3.9%0.0%0.0%-7.9%44.7K-441.8K-2.3K0.7513.71N/AN/A866,803340
2026-01-29$4.42$5.0023.0%6.6%4.1%2.6%20.8%0.0%-8.7%36.5K-283.4K-1.4K0.0649.88N/AN/A479296,811343
2026-01-30$4.42$5.0023.5%6.7%4.1%3.0%21.2%0.0%-9.1%36.4K-325.6K-1.3K0.1737.45N/AN/A130227,079367