ENPX Options History — December 2025

In December 2025, ENPX traded between $12.76 and $16.80. ATM implied volatility averaged 111.3%. The 30-day expected move averaged 32.1%. IV traded above realized volatility by 20.5% (HV 20d: 90.9%). Max pain ranged from $12.00 to $16.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 0.43.

Notable Days

  • 2025-12-16: Highest Volume — 29 contracts
  • 2025-12-02: Largest IV spike — 21.0% change
  • 2025-12-10: Largest Expected Move — 35.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.15$12.76$16.80$12.76$14.90
Max Pain$12.95$12.00$16.00$14.00$16.00
ATM IV111.3%98.7%125.3%99.3%104.5%
Expected Move32.1%28.3%35.9%28.5%30.0%
HV 20d90.9%63.8%137.9%137.9%77.1%
HV 60d136.0%131.5%139.9%139.9%131.5%
Term Structure19.2%-22.2%41.6%22.2%29.4%
VWIV112.2%96.6%118.3%110.4%110.4%
Skew 25d5.2%-8.7%29.7%-8.7%3.5%
Skew 10d8.6%-17.9%21.4%0.9%11.5%
Call IV 25d95.5%85.3%122.5%122.5%99.3%
Put IV 25d100.6%90.0%118.9%113.8%102.8%
Bid-Ask Spread %114.18108.55122.55113.36122.55
Gamma HHI0.170.120.220.220.14
Net GEX5171981.2K434256
Net DEX-19.7K-65.8K7.2K7.2K-1.4K
Net VEX-265-322-225-276-225
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.003.000.400.00
Total Volume5.36402970
Total OI142.3188417216098

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$12.76$14.0099.3%28.5%137.9%0.0%110.4%-8.7%22.2%4347.2K-2760.40113.36N/AN/A529169
2025-12-02$12.88$14.00120.1%34.4%136.4%0.0%113.9%-0.5%-22.2%5213.5K-2840.00110.98N/AN/A029671
2025-12-03$12.96$14.00113.4%32.5%135.9%0.0%113.3%3.3%8.0%5995.3K-2800.00114.28N/AN/A019671
2025-12-04$14.38$12.00116.7%32.7%121.5%0.0%0.0%16.1%21.5%510-14.3K-3090.00113.45N/AN/A209673
2025-12-05$14.83$12.00101.5%35.2%119.7%0.0%116.5%12.9%5.1%579-28.0K-3220.33110.02N/AN/A319873
2025-12-08$14.82$12.00122.3%34.0%117.6%0.0%0.0%12.6%11.9%711-24.5K-3050.00118.16N/AN/A609973
2025-12-09$15.11$12.00123.2%34.2%99.5%0.0%118.3%14.3%15.2%583-26.1K-3000.00111.26N/AN/A409373
2025-12-10$16.23$12.00125.3%35.9%90.7%0.0%0.0%29.7%20.7%524-46.3K-2980.13108.55N/AN/A819573
2025-12-11$16.08$12.00115.3%33.1%90.5%0.0%0.0%11.0%15.1%609-42.3K-2940.00109.69N/AN/A109472
2025-12-12$15.52$12.00117.1%33.6%76.8%0.0%117.6%3.1%19.7%698-33.4K-2913.00110.15N/AN/A269572
2025-12-15$14.68$12.00114.3%32.8%80.1%0.0%0.0%2.2%20.6%799-13.6K-2570.13118.49N/AN/A819372
2025-12-16$15.36$12.00113.7%32.6%71.8%0.0%117.9%-0.8%17.0%741-14.7K-2410.04111.87N/AN/A2818573
2025-12-17$14.98$12.00114.5%32.8%73.0%0.0%0.0%2.3%21.7%1.2K-18.2K-2430.00113.40N/AN/A039774
2025-12-18$16.09$12.00113.6%32.6%72.3%0.0%114.1%1.5%24.4%773-55.2K-2561.50110.25N/AN/A239767
2025-12-19$16.25$12.00108.3%31.1%64.2%0.0%0.0%2.4%21.4%365-65.8K-2440.00113.46N/AN/A609969
2025-12-22$16.80$12.00106.7%30.6%63.8%0.0%105.5%4.6%22.6%254-17.5K-2410.00112.86N/AN/A034440
2025-12-23$15.23$13.0098.7%28.3%75.3%0.0%0.0%1.3%41.6%198-9.1K-2290.00116.19N/AN/A004442
2025-12-24$15.82$13.00101.0%28.9%73.2%0.0%0.0%3.4%28.9%242-8.4K-2310.00117.55N/AN/A024442
2025-12-26$16.04$13.00104.0%29.8%73.0%0.0%96.6%-1.8%27.5%253-10.4K-2300.56119.44N/AN/A954442
2025-12-29$16.20$16.00111.4%31.9%72.2%0.0%110.4%2.0%24.5%215-12.0K-2430.00116.87N/AN/A204847
2025-12-30$15.34$16.00104.3%29.9%75.9%0.0%0.0%-0.4%25.7%285-7.9K-2310.00119.19N/AN/A015047
2025-12-31$14.90$16.00104.5%30.0%77.1%0.0%0.0%3.5%29.4%256-1.4K-2250.00122.55N/AN/A005048