ELAN Options History — October 2024

In October 2024, ELAN traded between $12.36 and $14.68. ATM implied volatility averaged 53.2%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded above realized volatility by 17.1% (HV 20d: 36.1%). Max pain ranged from $13.00 to $15.00. Net GEX was positive for 17 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 2.41.

Notable Days

  • 2024-10-14: Highest Volume — 6,391 contracts
  • 2024-10-23: Largest IV spike — 14.3% change
  • 2024-10-31: Highest IV Rank — 41.6%
  • 2024-10-31: Largest Expected Move — 17.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.51$12.36$14.68$14.52$12.64
Max Pain$13.96$13.00$15.00$14.00$13.00
ATM IV53.2%46.1%62.4%46.1%62.4%
Expected Move15.4%13.2%17.9%13.2%17.9%
HV 20d36.1%28.3%41.8%40.1%29.8%
HV 60d38.4%35.7%40.1%39.0%35.7%
IV Rank30.8%22.6%41.6%22.6%41.6%
IV Percentile83.9%70.6%96.0%71.8%96.0%
Term Structure-6.5%-13.7%4.7%4.7%-13.7%
VWIV53.5%32.7%61.7%32.7%61.7%
Skew 25d2.1%-6.7%4.4%-6.7%0.5%
Skew 10d8.4%-19.8%32.7%-4.1%6.2%
Call IV 25d52.9%46.5%61.7%46.5%61.7%
Put IV 25d55.0%39.7%62.2%39.7%62.2%
Bid-Ask Spread %68.7458.0177.0774.8769.67
Gamma HHI0.260.140.530.270.21
Net GEX815.2K-20.9K1.8M1.4M-1.4K
Net DEX-9.8M-25.8M4.5M-22.6M359.8K
Net VEX-68.5K-95.4K-48.5K-95.4K-57.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.410.0124.301.240.05
Total Volume1,600.87336,391271197
Total OI62,401.82627,90692,91777,13734,211

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-10-01$14.52$14.0046.1%13.2%40.1%22.6%32.7%-6.7%4.7%1.4M-22.6M-95.4K1.2474.87N/AN/A12115064,00013,137
2024-10-02$14.50$14.0049.1%14.1%39.6%26.1%50.6%1.2%3.0%1.4M-21.9M-94.1K0.0475.50N/AN/A1,7536463,91713,166
2024-10-03$14.39$15.0047.6%14.9%38.2%24.3%51.3%4.1%-5.7%1.4M-20.6M-92.9K0.4359.36N/AN/A421865,18113,222
2024-10-04$14.68$15.0048.5%15.1%39.0%25.4%52.2%2.0%-6.9%1.5M-25.8M-94.0K0.4358.24N/AN/A682965,17513,208
2024-10-07$14.55$15.0053.7%15.1%38.1%31.4%59.5%2.8%-5.9%1.5M-23.3M-86.7K4.0671.54N/AN/A3614665,18513,208
2024-10-08$14.54$15.0046.5%14.9%37.7%23.1%51.7%2.4%-7.4%1.6M-22.3M-84.0K0.0164.43N/AN/A3,0623965,17813,313
2024-10-09$14.50$15.0052.5%15.1%37.3%30.1%50.8%4.2%-7.8%1.7M-22.6M-83.1K0.0858.01N/AN/A2512167,60613,110
2024-10-10$14.50$14.0049.4%14.2%37.3%26.5%49.7%1.3%-4.6%1.8M-22.4M-78.0K0.1473.38N/AN/A29467,82713,101
2024-10-11$14.32$15.0050.6%14.5%37.4%27.8%50.9%2.3%-6.1%1.7M-18.7M-75.3K0.3572.25N/AN/A2207867,83313,078
2024-10-14$14.36$14.0051.1%14.7%37.1%28.4%51.5%1.8%-6.8%1.8M-19.2M-68.2K0.2374.11N/AN/A5,1981,19367,97013,135
2024-10-15$14.05$14.0052.8%15.1%37.6%30.4%52.3%3.2%-9.7%1.8M-15.9M-67.1K8.0977.07N/AN/A3142,54172,56313,713
2024-10-16$13.27$15.0054.4%15.6%41.0%32.3%54.1%4.4%-9.7%627.4K3.7M-52.6K0.0768.62N/AN/A5,32738572,06715,830
2024-10-17$12.77$14.0056.7%16.3%41.8%35.0%56.4%1.8%-11.8%207.3K4.5M-57.1K0.1570.49N/AN/A5,14079277,29915,618
2024-10-18$13.00$14.0056.5%16.2%37.4%34.7%58.7%2.3%-8.4%-8.8K1.8M-50.6K14.4968.25N/AN/A871,26174,01112,536
2024-10-21$12.66$14.0053.3%15.3%36.9%31.0%53.8%3.1%-4.7%100.3K-1.8M-48.5K0.1962.89N/AN/A54010119,1768,730
2024-10-22$12.61$13.0051.4%14.7%35.8%28.7%52.8%4.0%-4.6%107.7K-1.8M-48.5K0.4466.37N/AN/A1376019,6758,763
2024-10-23$12.50$13.0058.7%16.8%35.4%37.3%58.3%0.5%-7.8%103.6K-1.6M-48.9K24.3067.53N/AN/A2265,49119,7858,795
2024-10-24$12.41$13.0056.5%16.2%35.4%34.8%56.2%1.1%-6.0%-12.7K1.2M-59.3K0.1170.25N/AN/A62719,88814,131
2024-10-25$12.36$13.0055.4%15.9%30.5%33.4%53.7%4.0%-6.7%-20.9K1.4M-59.1K0.1570.46N/AN/A2724219,92414,115
2024-10-28$12.50$13.0055.3%15.9%28.3%33.4%57.2%2.2%-5.2%-8.7K794.7K-58.9K0.2871.05N/AN/A2346520,07614,158
2024-10-29$12.48$13.0056.1%16.1%28.4%34.2%55.5%4.4%-8.4%-12.0K836.6K-57.9K0.0267.26N/AN/A9292220,24614,182
2024-10-30$12.71$13.0058.4%16.7%29.8%36.9%58.5%2.5%-8.9%3.1K112.4K-58.4K0.0569.50N/AN/A63320,00214,198
2024-10-31$12.64$13.0062.4%17.9%29.8%41.6%61.7%0.5%-13.7%-1.4K359.8K-57.7K0.0569.67N/AN/A188920,01314,198