ELAN Options History — December 2024

In December 2024, ELAN traded between $11.70 and $13.39. ATM implied volatility averaged 43.5%, placing in the 19.6% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded below realized volatility by 0.1% (HV 20d: 43.6%). Max pain ranged from $13.00 to $13.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 1.13.

Notable Days

  • 2024-12-03: Highest Volume — 10,661 contracts
  • 2024-12-03: Largest IV spike — 16.2% change
  • 2024-12-03: Highest IV Rank — 25.1%
  • 2024-12-03: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.23$11.70$13.39$13.39$12.09
Max Pain$13.00$13.00$13.00$13.00$13.00
ATM IV43.5%40.5%48.3%41.5%40.8%
Expected Move12.2%11.6%13.8%11.9%11.7%
HV 20d43.6%36.0%55.9%49.3%43.7%
HV 60d42.0%39.7%43.8%39.7%41.3%
IV Rank19.6%16.1%25.1%17.3%16.4%
IV Percentile58.7%44.4%75.8%52.8%46.0%
Term Structure0.4%-6.7%4.2%-5.2%2.1%
VWIV43.5%38.6%53.1%39.1%41.0%
Skew 25d1.6%-6.0%7.2%0.4%1.2%
Skew 10d14.8%-1.5%29.9%26.6%28.4%
Call IV 25d41.9%33.0%48.3%33.0%42.8%
Put IV 25d43.5%33.4%48.6%33.4%44.0%
Bid-Ask Spread %81.8873.7587.1787.1781.63
Gamma HHI0.360.250.440.250.40
Net GEX54.9K-132.3K357.8K-51.5K-102.6K
Net DEX1.7M-5.9M5.5M-1.4M3.2M
Net VEX-55.5K-67.9K-43.7K-56.7K-46.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.130.0210.340.020.37
Total Volume1,164.2865810,6611,712409
Total OI44,845.23837,18749,15137,18741,452

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$13.39$13.0041.5%11.9%49.3%17.3%39.1%0.4%-5.2%-51.5K-1.4M-56.7K0.0287.17N/AN/A1,6813120,46716,720
2024-12-03$12.48$13.0048.3%13.8%55.7%25.1%53.1%-6.0%-6.7%-97.1K2.0M-60.0K0.0873.75N/AN/A9,86879321,96416,734
2024-12-04$12.27$13.0046.2%13.2%55.9%22.7%46.0%-0.8%-4.3%180.6K315.3K-65.0K0.2685.69N/AN/A77020029,33816,583
2024-12-05$12.14$13.0045.2%11.6%55.5%21.5%43.2%0.6%2.7%156.1K1.2M-63.8K0.8882.05N/AN/A17415329,49216,527
2024-12-06$12.50$13.0047.8%12.1%36.0%24.6%44.6%2.4%0.9%232.2K-1.6M-66.8K0.3084.83N/AN/A48014629,60716,492
2024-12-09$13.01$13.0045.7%12.0%38.3%22.2%42.5%1.4%1.6%357.8K-5.9M-67.9K0.5077.39N/AN/A1,32766629,66216,544
2024-12-10$12.48$13.0046.9%12.3%39.8%23.6%45.3%2.9%0.6%246.8K-1.1M-63.7K4.5578.16N/AN/A12155030,46517,146
2024-12-11$12.52$13.0041.9%12.0%39.9%17.7%43.1%0.5%2.1%262.3K-1.3M-63.4K0.7679.74N/AN/A675130,49217,659
2024-12-12$12.57$13.0041.1%11.8%39.9%16.8%42.2%3.9%2.3%283.3K-1.6M-62.8K0.3479.89N/AN/A893030,51317,664
2024-12-13$12.12$13.0041.6%11.9%41.2%17.3%38.6%3.2%2.3%113.8K2.9M-56.1K0.1380.78N/AN/A3334330,50217,672
2024-12-16$12.14$13.0041.6%11.9%41.3%17.3%43.5%2.6%1.8%115.4K2.7M-55.1K0.2082.35N/AN/A2465030,50817,712
2024-12-17$12.29$13.0043.0%12.3%38.9%19.0%43.4%3.3%1.3%188.6K1.6M-55.5K10.3481.24N/AN/A4445530,64717,708
2024-12-18$11.70$13.0045.5%13.0%42.0%21.9%47.6%1.1%-0.5%-68.6K5.5M-49.5K0.2884.04N/AN/A40911530,66617,603
2024-12-19$11.79$13.0046.4%13.3%42.1%23.0%45.4%-3.4%-0.6%-85.9K4.9M-50.1K0.0385.75N/AN/A3,4008630,93917,508
2024-12-20$11.75$13.0043.3%12.4%42.0%19.3%43.7%1.6%0.9%-81.3K5.1M-49.0K1.6985.06N/AN/A7412531,68517,466
2024-12-23$11.86$13.0040.9%11.7%42.4%16.6%41.5%4.7%4.2%-93.9K4.1M-47.5K0.3383.14N/AN/A44914624,98115,777
2024-12-24$11.82$13.0040.5%11.6%42.3%16.1%47.9%-0.1%2.9%-104.1K4.2M-47.8K1.2383.50N/AN/A263225,25015,842
2024-12-26$12.05$13.0042.2%12.1%43.0%18.1%43.0%4.9%-0.5%-74.2K2.9M-48.0K0.6680.43N/AN/A31520725,25815,868
2024-12-27$12.01$13.0041.3%11.8%42.9%17.0%38.7%7.2%-1.5%-92.9K3.5M-47.3K0.0980.96N/AN/A77725,34815,964
2024-12-30$11.80$13.0042.1%12.1%43.1%17.9%40.8%1.5%1.2%-132.3K4.9M-43.7K0.6382.02N/AN/A1267925,36015,965
2024-12-31$12.09$13.0040.8%11.7%43.7%16.4%41.0%1.2%2.1%-102.6K3.2M-46.2K0.3781.63N/AN/A29911025,44216,010