ELAN Options History — April 2026

In April 2026, ELAN traded between $23.06 and $23.29. ATM implied volatility averaged 44.6%, placing in the 31.5% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded below realized volatility by 12.0% (HV 20d: 56.6%). Max pain ranged from $22.00 to $24.00. Net GEX was positive for 2 of 2 trading days. Term structure was in contango for 1 of 2 days. Put/call ratio averaged 1.98.

Notable Days

2026-04-02: Highest Volume — 263 contracts
2026-04-02: Largest IV drop — 2.2% change
2026-04-01: Highest IV Rank — 32.2%
2026-04-01: Largest Expected Move — 12.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.17	$23.06	$23.29	$23.29	$23.06
Max Pain	$23.00	$22.00	$24.00	$22.00	$24.00
ATM IV	44.6%	44.1%	45.1%	45.1%	44.1%
Expected Move	12.8%	12.6%	12.9%	12.9%	12.6%
HV 20d	56.6%	56.2%	56.9%	56.9%	56.2%
HV 60d	42.4%	42.1%	42.7%	42.7%	42.1%
IV Rank	31.5%	30.9%	32.2%	32.2%	30.9%
IV Percentile	62.1%	60.7%	63.5%	63.5%	60.7%
Term Structure	1.4%	-4.3%	7.2%	7.2%	-4.3%
VWIV	50.3%	49.3%	51.2%	49.3%	51.2%
Skew 25d	6.5%	6.4%	6.5%	6.4%	6.5%
Skew 10d	14.1%	12.7%	15.6%	12.7%	15.6%
Call IV 25d	46.9%	44.5%	49.3%	44.5%	49.3%
Put IV 25d	53.4%	50.9%	55.8%	50.9%	55.8%
Bid-Ask Spread %	31.91	21.68	42.14	21.68	42.14
Gamma HHI	0.13	0.13	0.13	0.13	0.13
Net GEX	97.5K	79.3K	115.7K	115.7K	79.3K
Net DEX	-7.3M	-7.8M	-6.7M	-7.8M	-6.7M
Net VEX	-49.5K	-50.0K	-49.1K	-50.0K	-49.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.98	1.31	2.65	1.31	2.65
Total Volume	168.5	74	263	74	263
Total OI	18,120	18,103	18,137	18,103	18,137

Daily Data (2 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2026-04-01	$23.29	$22.00	45.1%	12.9%	56.9%	32.2%	49.3%	6.4%	7.2%	115.7K	-7.8M	-50.0K	1.31	21.68	N/A	N/A	32	42	11,149	6,954
2026-04-02	$23.06	$24.00	44.1%	12.6%	56.2%	30.9%	51.2%	6.5%	-4.3%	79.3K	-6.7M	-49.1K	2.65	42.14	N/A	N/A	72	191	11,163	6,974