ELAN Options History — June 2025

In June 2025, ELAN traded between $13.36 and $14.32. ATM implied volatility averaged 31.7%, placing in the 7.9% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded below realized volatility by 6.8% (HV 20d: 38.5%). Max pain ranged from $11.00 to $13.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.54.

Notable Days

  • 2025-06-09: Highest Volume — 1,200 contracts
  • 2025-06-30: Largest IV spike — 36.0% change
  • 2025-06-30: Highest IV Rank — 17.0%
  • 2025-06-03: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.81$13.36$14.32$13.48$14.26
Max Pain$11.30$11.00$13.00$13.00$11.00
ATM IV31.7%21.0%41.2%38.9%36.6%
Expected Move9.0%6.0%11.5%11.2%10.5%
HV 20d38.5%25.9%88.1%88.1%27.6%
HV 60d74.4%73.6%75.9%75.9%73.6%
IV Rank7.9%0.0%17.0%14.2%17.0%
IV Percentile8.4%0.0%36.1%23.0%11.9%
Term Structure3.6%-14.3%52.3%-2.3%-11.0%
VWIV38.1%28.2%66.6%37.8%36.6%
Skew 25d-3.9%-13.9%8.4%4.8%-8.3%
Skew 10d5.6%-14.7%25.8%5.8%-14.7%
Call IV 25d33.2%25.1%38.8%31.1%38.8%
Put IV 25d29.3%20.3%42.6%35.9%30.4%
Bid-Ask Spread %92.0478.07103.1888.2987.61
Gamma HHI0.210.180.280.190.22
Net GEX215.8K128.3K351.1K134.7K351.1K
Net DEX-11.9M-13.9M-9.9M-10.1M-13.1M
Net VEX-40.6K-46.1K-36.0K-46.0K-36.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.015.220.980.05
Total Volume302.55261,20010560
Total OI22,852.6520,00924,16123,35721,698

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$13.48$13.0038.9%11.2%88.1%14.2%37.8%4.8%-2.3%134.7K-10.1M-46.0K0.9888.29N/AN/A535214,7168,641
2025-06-03$13.48$13.0040.0%11.5%87.5%15.5%38.7%3.7%-2.9%130.8K-10.3M-45.7K0.0988.69N/AN/A70614,7528,672
2025-06-04$13.45$13.0030.4%8.7%87.4%4.3%38.0%-8.9%-0.9%128.3K-10.3M-44.7K0.4293.01N/AN/A1185014,7768,675
2025-06-05$13.43$11.0041.2%10.6%37.1%16.9%43.7%1.7%3.6%129.0K-9.9M-46.1K0.0883.42N/AN/A24214,7788,665
2025-06-06$14.00$11.0036.5%10.0%38.4%11.4%35.7%8.4%7.2%166.5K-12.7M-42.5K0.0488.56N/AN/A200814,7928,695
2025-06-09$13.95$11.0036.0%10.4%35.9%10.9%36.5%-10.1%4.6%178.2K-12.7M-41.2K5.2289.03N/AN/A1931,00714,8588,696
2025-06-10$14.25$11.0037.5%10.1%28.6%12.6%40.4%-8.3%-2.0%191.5K-13.9M-40.5K0.1078.07N/AN/A3333414,9388,695
2025-06-11$14.21$11.0034.3%9.8%28.1%8.9%39.6%-8.0%6.5%205.9K-13.7M-40.8K0.1184.21N/AN/A4535114,9798,722
2025-06-12$14.16$11.0027.9%8.0%27.1%0.2%39.5%-7.6%-12.2%218.1K-13.9M-40.7K1.2795.76N/AN/A496215,2798,750
2025-06-13$13.77$11.0028.0%8.0%29.5%0.3%34.7%-11.6%-11.9%163.2K-12.2M-41.2K0.45101.98N/AN/A803615,2588,803
2025-06-16$13.95$11.0036.3%10.4%29.7%10.1%66.6%-12.4%-14.3%223.9K-13.3M-39.3K0.0693.57N/AN/A62415,3038,827
2025-06-17$13.64$11.0028.2%8.1%30.2%0.3%35.5%7.6%-9.4%142.5K-11.7M-40.5K0.31103.18N/AN/A672115,3158,827
2025-06-18$13.41$11.0022.4%6.4%30.4%0.0%34.6%-2.2%52.3%138.3K-10.3M-40.8K0.18102.84N/AN/A1693115,3418,820
2025-06-20$13.48$11.0028.0%8.0%27.4%6.3%37.5%2.9%15.8%283.4K-11.7M-39.1K0.0291.82N/AN/A5041215,3268,796
2025-06-23$13.36$11.0021.0%6.0%27.7%0.0%32.6%-8.2%8.1%303.7K-9.9M-37.2K0.2493.74N/AN/A38913,9876,022
2025-06-24$13.52$11.0027.0%7.7%27.9%6.6%28.2%2.1%23.1%310.7K-10.5M-36.7K0.8992.92N/AN/A625514,0446,032
2025-06-25$13.82$11.0029.9%8.6%25.9%9.7%36.3%-2.6%-10.9%283.5K-11.7M-36.0K0.1988.47N/AN/A60011314,0706,077
2025-06-26$14.29$11.0026.8%7.7%28.0%6.3%35.8%-13.9%14.1%284.8K-13.1M-38.1K0.0194.02N/AN/A1,1701414,5946,187
2025-06-27$14.32$11.0026.9%7.7%27.5%6.5%33.5%-7.5%14.3%347.8K-13.5M-38.1K0.06101.67N/AN/A1691015,4636,184
2025-06-30$14.26$11.0036.6%10.5%27.6%17.0%36.6%-8.3%-11.0%351.1K-13.1M-36.2K0.0587.61N/AN/A57315,5076,191