BKLN Options History — March 2014

In March 2014, BKLN traded between $24.77 and $24.87. ATM implied volatility averaged 4.0%, placing in the 16.4% IV rank vs the trailing year. The 30-day expected move averaged 1.1%. IV traded above realized volatility by 2.6% (HV 20d: 1.4%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.57.

Notable Days

2014-03-20: Highest Volume — 374 contracts
2014-03-04: Largest IV spike — 17.6% change
2014-03-04: Highest IV Rank — 23.2%
2014-03-04: Largest Expected Move — 1.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.82	$24.77	$24.87	$24.87	$24.81
Max Pain	$25.48	$25.00	$26.00	$25.00	$26.00
ATM IV	4.0%	3.6%	4.6%	3.9%	4.3%
Expected Move	1.1%	1.0%	1.3%	1.1%	1.2%
HV 20d	1.4%	1.3%	1.7%	1.5%	1.4%
HV 60d	1.6%	1.5%	1.6%	1.6%	1.6%
IV Rank	16.4%	11.5%	23.2%	15.3%	19.2%
IV Percentile	35.1%	20.2%	59.1%	28.6%	47.2%
Term Structure	-0.6%	-2.3%	1.1%	0.2%	0.9%
VWIV	5.3%	5.3%	5.3%	5.3%	5.3%
Skew 25d	1.1%	-1.1%	2.6%	2.6%	1.8%
Skew 10d	-1.2%	-3.4%	-0.1%	-0.2%	-2.1%
Call IV 25d	5.1%	3.6%	10.7%	4.6%	4.1%
Put IV 25d	6.2%	4.8%	9.5%	7.2%	5.9%
Bid-Ask Spread %	54.84	10.51	139.54	10.51	37.09
Gamma HHI	0.68	0.54	0.87	0.72	0.67
Net GEX	-594.7K	-838.3K	-319.0K	-510.2K	-838.3K
Net DEX	3.9M	3.1M	5.2M	3.5M	5.1M
Net VEX	-12.3K	-15.7K	-9.9K	-10.5K	-15.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.57	1.50	1.70	1.50	1.50
Total Volume	67.333	0	374	0	0
Total OI	3,663.81	3,312	4,439	3,312	4,439

Daily Data (21 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
2014-03-03	$24.87	$25.00	3.9%	1.1%	1.5%	15.3%	0.0%	2.6%	0.2%	-510.2K	3.5M	-10.5K	0.00	10.51	0	0	446	2,866
2014-03-04	$24.85	$25.00	4.6%	1.3%	1.5%	23.2%	0.0%	1.5%	-2.1%	-486.1K	3.5M	-10.9K	1.50	10.51	10	15	446	2,866
2014-03-05	$24.87	$25.00	4.2%	1.2%	1.4%	18.0%	5.3%	1.7%	-0.8%	-498.0K	3.1M	-12.1K	0.00	10.51	0	30	456	2,881
2014-03-06	$24.86	$25.00	4.2%	1.2%	1.3%	18.9%	0.0%	-1.1%	-0.9%	-319.0K	3.6M	-13.1K	0.00	139.54	0	20	456	2,911
2014-03-07	$24.86	$25.00	4.4%	1.1%	1.3%	20.5%	0.0%	0.7%	-1.3%	-498.3K	3.7M	-10.3K	0.00	36.72	0	0	456	2,931
2014-03-10	$24.85	$25.00	4.0%	1.1%	1.3%	16.7%	0.0%	0.5%	-1.5%	-493.8K	3.5M	-10.6K	0.00	35.93	0	5	456	2,931
2014-03-11	$24.87	$25.00	4.4%	1.1%	1.3%	20.5%	0.0%	0.6%	-0.3%	-498.2K	3.6M	-10.6K	0.00	37.23	0	0	456	2,931
2014-03-12	$24.87	$25.00	4.6%	1.1%	1.3%	22.9%	0.0%	0.6%	-1.5%	-492.7K	3.6M	-10.2K	0.00	35.93	0	5	456	2,931
2014-03-13	$24.85	$25.00	3.8%	1.1%	1.3%	14.2%	0.0%	0.5%	-1.6%	-495.8K	3.7M	-9.9K	0.00	36.02	0	20	456	2,936
2014-03-14	$24.77	$25.00	3.9%	1.1%	1.7%	15.0%	0.0%	0.9%	-2.1%	-642.4K	3.5M	-11.5K	0.00	36.68	0	10	456	2,956
2014-03-17	$24.78	$25.00	3.6%	1.0%	1.4%	11.5%	0.0%	1.9%	-1.2%	-659.1K	3.5M	-11.0K	1.70	36.59	10	17	456	2,966
2014-03-18	$24.78	$26.00	3.6%	1.0%	1.4%	12.1%	0.0%	0.1%	-1.3%	-579.6K	3.4M	-12.0K	1.50	107.58	50	75	452	2,983
2014-03-19	$24.78	$26.00	4.2%	1.2%	1.4%	18.9%	0.0%	-0.4%	-2.3%	-600.9K	3.6M	-11.9K	0.00	111.25	0	30	452	3,053
2014-03-20	$24.80	$26.00	3.8%	1.1%	1.4%	14.3%	0.0%	2.1%	-0.7%	-638.5K	3.8M	-12.0K	0.00	36.42	0	374	452	3,076
2014-03-21	$24.80	$26.00	3.9%	1.1%	1.4%	15.1%	0.0%	2.1%	-0.8%	-699.7K	4.3M	-14.0K	0.00	36.68	0	245	452	3,447
2014-03-24	$24.81	$26.00	3.6%	1.0%	1.4%	12.1%	0.0%	0.8%	1.1%	-652.7K	4.1M	-14.6K	0.00	110.39	0	128	452	3,497
2014-03-25	$24.79	$26.00	3.6%	1.0%	1.4%	11.9%	0.0%	0.9%	1.0%	-619.3K	4.7M	-11.3K	0.00	106.48	0	60	452	3,623
2014-03-26	$24.80	$26.00	3.8%	1.1%	1.4%	13.3%	0.0%	1.0%	1.0%	-686.1K	4.5M	-15.0K	0.00	107.59	0	305	452	3,683
2014-03-27	$24.82	$26.00	3.9%	1.1%	1.4%	15.2%	0.0%	2.3%	1.0%	-801.2K	5.1M	-15.7K	0.00	36.09	0	5	452	3,982
2014-03-28	$24.82	$26.00	4.0%	1.1%	1.4%	16.2%	0.0%	2.5%	1.0%	-778.5K	5.2M	-15.5K	0.00	35.81	0	0	452	3,987
2014-03-31	$24.81	$26.00	4.3%	1.2%	1.4%	19.2%	0.0%	1.8%	0.9%	-838.3K	5.1M	-15.1K	0.00	37.09	0	0	452	3,987