BKLN Options History — September 2013

In September 2013, BKLN traded between $24.68 and $24.82. ATM implied volatility averaged 4.9%, placing in the 26.5% IV rank vs the trailing year. The 30-day expected move averaged 1.4%. IV traded above realized volatility by 1.3% (HV 20d: 3.6%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 7.80.

Notable Days

2013-09-30: Highest Volume — 104 contracts
2013-09-04: Largest IV drop — 46.0% change
2013-09-03: Highest IV Rank — 73.7%
2013-09-03: Largest Expected Move — 2.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.77	$24.68	$24.82	$24.76	$24.68
Max Pain	$25.00	$25.00	$25.00	$25.00	$25.00
ATM IV	4.9%	3.1%	9.0%	9.0%	5.5%
Expected Move	1.4%	0.9%	2.6%	2.6%	1.6%
HV 20d	3.6%	2.0%	5.0%	5.0%	2.1%
HV 60d	3.5%	3.4%	3.8%	3.8%	3.4%
IV Rank	26.5%	5.8%	73.7%	73.7%	32.7%
IV Percentile	53.2%	3.2%	97.2%	97.2%	76.7%
Term Structure	0.4%	-2.2%	2.2%	-1.5%	-1.4%
VWIV	4.9%	3.4%	6.5%	5.9%	3.4%
Skew 25d	1.8%	0.1%	4.6%	4.6%	0.7%
Skew 10d	0.2%	-1.0%	3.0%	1.2%	1.0%
Call IV 25d	4.2%	3.0%	7.5%	7.5%	4.8%
Put IV 25d	6.0%	4.5%	12.1%	12.1%	5.5%
Bid-Ask Spread %	21.93	8.30	105.17	105.17	25.40
Gamma HHI	0.56	0.36	0.90	0.65	0.40
Net GEX	-1.9M	-3.0M	-611.8K	-1.9M	-3.0M
Net DEX	6.8M	3.4M	13.0M	6.9M	11.8M
Net VEX	-28.7K	-74.6K	-7.1K	-25.0K	-62.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	7.80	0.00	51.00	0.00	51.00
Total Volume	21.55	0	104	0	104
Total OI	20,922.9	20,888	21,002	20,904	21,002

Daily Data (20 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 Vol	Put Vol	Call OI	Put OI
2013-09-03	$24.76	$25.00	9.0%	2.6%	5.0%	73.7%	0.0%	4.6%	-1.5%	-1.9M	6.9M	-25.0K	0.00	105.17	0	0	469	20,435
2013-09-04	$24.77	$25.00	4.9%	1.4%	5.0%	26.2%	0.0%	2.2%	-0.5%	-1.8M	6.5M	-23.5K	0.00	8.30	0	0	469	20,435
2013-09-05	$24.76	$25.00	5.0%	1.4%	5.0%	27.6%	0.0%	2.1%	-0.7%	-1.8M	6.4M	-24.1K	0.00	8.30	3	0	469	20,435
2013-09-06	$24.76	$25.00	5.2%	1.3%	4.9%	29.5%	5.9%	4.5%	2.2%	-1.9M	6.0M	-22.3K	10.00	19.29	2	20	472	20,435
2013-09-09	$24.81	$25.00	4.5%	1.6%	4.9%	22.0%	0.0%	1.9%	1.7%	-696.8K	3.4M	-7.5K	0.00	17.93	2	0	474	20,425
2013-09-10	$24.80	$25.00	5.5%	1.4%	4.9%	33.1%	0.0%	1.5%	2.1%	-618.5K	3.5M	-7.1K	0.00	16.06	0	0	476	20,425
2013-09-11	$24.82	$25.00	5.9%	1.3%	4.9%	37.8%	5.3%	1.4%	2.1%	-611.8K	3.4M	-7.3K	7.33	19.45	3	22	476	20,425
2013-09-12	$24.80	$25.00	5.7%	1.6%	5.0%	35.8%	0.0%	1.7%	-0.7%	-2.7M	12.4M	-74.6K	0.00	15.68	5	0	479	20,427
2013-09-13	$24.74	$25.00	5.0%	1.4%	4.8%	27.4%	0.0%	1.8%	-2.2%	-2.8M	12.1M	-71.1K	0.00	16.38	3	0	484	20,427
2013-09-16	$24.78	$25.00	4.1%	1.2%	4.8%	17.2%	0.0%	1.3%	-1.1%	-2.8M	12.5M	-73.1K	13.00	17.79	2	26	483	20,427
2013-09-17	$24.79	$25.00	4.9%	1.4%	3.3%	26.4%	0.0%	2.2%	1.4%	-1.7M	4.4M	-12.4K	2.50	17.12	4	10	483	20,452
2013-09-18	$24.80	$25.00	4.3%	1.2%	2.5%	19.5%	0.0%	1.7%	1.8%	-1.8M	4.5M	-13.8K	0.00	23.02	0	0	487	20,462
2013-09-19	$24.78	$25.00	5.1%	1.5%	2.4%	29.3%	6.5%	1.1%	1.6%	-1.9M	5.0M	-15.2K	7.00	12.89	1	7	487	20,462
2013-09-20	$24.82	$25.00	3.5%	1.0%	2.2%	10.6%	3.4%	0.5%	1.7%	-1.7M	4.3M	-12.5K	1.77	18.70	31	55	487	20,464
2013-09-23	$24.81	$25.00	3.1%	0.9%	2.0%	5.8%	3.4%	0.1%	-0.1%	-1.4M	6.8M	-20.9K	3.33	14.97	3	10	518	20,370
2013-09-24	$24.79	$25.00	3.6%	1.0%	2.1%	11.8%	0.0%	2.0%	0.2%	-1.7M	4.3M	-11.5K	0.40	18.35	5	2	521	20,380
2013-09-25	$24.76	$25.00	4.1%	1.2%	2.0%	17.5%	0.0%	1.8%	0.2%	-1.8M	4.6M	-11.9K	4.10	23.71	10	41	523	20,382
2013-09-26	$24.70	$25.00	4.5%	1.3%	2.1%	21.5%	0.0%	0.2%	0.0%	-2.8M	13.0M	-67.3K	18.00	20.40	2	36	528	20,423
2013-09-27	$24.72	$25.00	4.7%	1.3%	2.0%	24.0%	0.0%	1.5%	0.0%	-1.8M	4.8M	-11.7K	6.33	19.65	3	19	530	20,450
2013-09-30	$24.68	$25.00	5.5%	1.6%	2.1%	32.7%	0.0%	0.7%	-1.4%	-3.0M	11.8M	-62.0K	51.00	25.40	2	102	533	20,469