BKLN Options History — November 2014

In November 2014, BKLN traded between $24.28 and $24.44. ATM implied volatility averaged 8.5%, placing in the 41.7% IV rank vs the trailing year. The 30-day expected move averaged 2.1%. IV traded above realized volatility by 4.7% (HV 20d: 3.8%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 158.65.

Notable Days

2014-11-26: Highest Volume — 4,516 contracts
2014-11-12: Largest IV spike — 79.1% change
2014-11-12: Highest IV Rank — 100.0%
2014-11-14: Largest Expected Move — 2.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.37	$24.28	$24.44	$24.39	$24.35
Max Pain	$25.00	$25.00	$25.00	$25.00	$25.00
ATM IV	8.5%	6.3%	17.6%	7.9%	12.1%
Expected Move	2.1%	1.6%	2.3%	2.0%	2.3%
HV 20d	3.8%	2.3%	5.6%	5.6%	2.6%
HV 60d	3.9%	3.8%	4.0%	3.9%	3.9%
IV Rank	41.7%	26.6%	100.0%	39.2%	64.2%
IV Percentile	82.2%	64.7%	100.0%	84.1%	97.2%
Term Structure	-0.5%	-8.5%	2.2%	0.5%	-8.5%
VWIV	8.1%	5.2%	9.7%	6.8%	7.9%
Skew 25d	4.2%	-1.7%	27.1%	1.5%	-0.1%
Skew 10d	9.0%	-2.4%	55.9%	1.9%	-0.4%
Call IV 25d	6.5%	4.5%	11.3%	7.3%	11.3%
Put IV 25d	10.8%	5.8%	32.1%	8.8%	11.2%
Bid-Ask Spread %	77.13	35.63	110.52	89.21	97.86
Gamma HHI	0.76	0.71	0.92	0.75	0.89
Net GEX	-10.6M	-11.9M	-7.4M	-11.3M	-9.2M
Net DEX	43.5M	31.3M	47.8M	42.1M	31.3M
Net VEX	-171.1K	-193.4K	-122.9K	-179.3K	-122.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	158.65	6.67	2257.00	9.68	2257.00
Total Volume	1,000.632	0	4,516	1,004	392
Total OI	48,651.789	44,672	49,170	48,138	44,672

Daily Data (19 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
2014-11-03	$24.39	$25.00	7.9%	2.0%	5.6%	39.2%	6.8%	1.5%	0.5%	-11.3M	42.1M	-179.3K	9.68	89.21	94	910	310	47,828
2014-11-04	$24.40	$25.00	6.3%	1.6%	5.6%	28.2%	0.0%	-1.5%	0.3%	-11.0M	47.8M	-193.4K	10.88	96.61	94	1,023	310	47,828
2014-11-05	$24.40	$25.00	7.6%	2.1%	5.6%	36.7%	9.6%	-1.2%	-2.1%	-9.9M	46.6M	-186.7K	11.56	80.58	94	1,087	310	48,154
2014-11-06	$24.41	$25.00	8.3%	2.2%	5.5%	41.6%	7.9%	-1.0%	-3.2%	-10.0M	46.9M	-188.1K	7.59	60.79	103	782	310	48,489
2014-11-07	$24.40	$25.00	8.8%	2.1%	5.5%	44.9%	9.3%	3.0%	0.4%	-10.0M	46.9M	-186.2K	9.37	88.23	103	965	339	48,529
2014-11-10	$24.37	$25.00	8.7%	2.1%	5.4%	44.4%	5.2%	18.1%	-2.5%	-11.9M	47.4M	-190.9K	9.31	65.87	103	959	339	48,663
2014-11-11	$24.37	$25.00	9.8%	2.1%	5.4%	52.0%	9.2%	22.3%	0.0%	-10.7M	45.4M	-185.1K	9.31	45.56	103	959	286	48,291
2014-11-12	$24.40	$25.00	17.6%	1.9%	3.8%	100.0%	0.0%	27.1%	-2.3%	-7.4M	37.8M	-153.7K	9.31	110.52	103	959	339	48,665
2014-11-13	$24.44	$25.00	7.0%	1.7%	3.5%	31.3%	0.0%	3.0%	-1.7%	-11.9M	42.8M	-160.0K	6.67	87.78	103	687	339	48,665
2014-11-14	$24.34	$25.00	7.7%	2.3%	3.1%	35.7%	8.2%	2.4%	0.9%	-10.6M	46.0M	-169.8K	0.00	85.78	0	34	259	48,676
2014-11-17	$24.34	$25.00	8.1%	2.2%	2.7%	38.7%	7.3%	2.5%	0.5%	-10.4M	44.0M	-179.8K	7.78	35.65	103	801	320	48,706
2014-11-18	$24.35	$25.00	6.3%	2.1%	2.3%	26.6%	8.1%	0.7%	2.2%	-11.2M	47.8M	-166.9K	7.37	104.68	103	759	320	48,815
2014-11-19	$24.28	$25.00	8.0%	2.2%	2.5%	37.9%	0.0%	2.2%	0.5%	-10.1M	40.1M	-154.1K	0.00	37.46	0	0	259	48,820
2014-11-20	$24.31	$25.00	7.9%	2.3%	2.5%	37.1%	7.9%	1.9%	0.4%	-11.1M	45.9M	-176.2K	7.70	86.51	103	793	339	48,796
2014-11-21	$24.32	$25.00	7.5%	2.3%	2.5%	34.4%	9.7%	2.0%	0.6%	-11.5M	44.4M	-175.7K	8.42	85.76	103	867	339	48,785
2014-11-24	$24.33	$25.00	7.2%	2.2%	2.5%	32.7%	8.2%	0.5%	1.0%	-11.4M	44.8M	-174.2K	0.00	35.63	0	197	259	48,715
2014-11-25	$24.38	$25.00	7.6%	2.1%	2.6%	35.2%	8.4%	-1.7%	1.3%	-10.7M	43.7M	-170.1K	7.86	83.69	114	896	259	48,881
2014-11-26	$24.39	$25.00	7.0%	2.2%	2.6%	31.4%	7.9%	-1.0%	2.1%	-10.4M	35.2M	-137.4K	2257.00	87.28	2	4,514	289	48,881
2014-11-28	$24.35	$25.00	12.1%	2.3%	2.6%	64.2%	7.9%	-0.1%	-8.5%	-9.2M	31.3M	-122.9K	0.00	97.86	0	392	291	44,381