BKLN Options History — January 2015

In January 2015, BKLN traded between $23.80 and $24.03. ATM implied volatility averaged 8.0%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 2.6%. IV traded above realized volatility by 2.5% (HV 20d: 5.5%). Max pain ranged from $24.00 to $24.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 73.76.

Notable Days

2015-01-23: Highest Volume — 15,969 contracts
2015-01-13: Largest IV spike — 51.6% change
2015-01-21: Highest IV Rank — 49.3%
2015-01-21: Largest Expected Move — 2.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.94	$23.80	$24.03	$24.00	$23.98
Max Pain	$24.00	$24.00	$24.00	$24.00	$24.00
ATM IV	8.0%	4.6%	9.8%	8.1%	8.5%
Expected Move	2.6%	2.3%	2.8%	2.6%	2.4%
HV 20d	5.5%	3.3%	7.2%	7.2%	3.3%
HV 60d	5.0%	4.7%	5.4%	5.4%	4.7%
IV Rank	37.6%	15.6%	49.3%	38.5%	41.1%
IV Percentile	76.8%	35.7%	94.4%	81.7%	85.3%
Term Structure	0.2%	-0.6%	1.5%	0.8%	-0.5%
VWIV	11.4%	7.9%	15.1%	10.4%	8.8%
Skew 25d	3.1%	-2.1%	5.5%	1.2%	-2.1%
Skew 10d	4.8%	-3.5%	12.3%	2.0%	-3.5%
Call IV 25d	9.7%	7.7%	12.2%	8.4%	11.0%
Put IV 25d	12.8%	8.9%	13.9%	9.6%	8.9%
Bid-Ask Spread %	80.85	10.42	120.81	120.81	98.24
Gamma HHI	0.65	0.43	0.93	0.85	0.46
Net GEX	-10.9M	-23.6M	-3.0M	-15.7M	-4.3M
Net DEX	42.5M	27.6M	68.2M	43.3M	27.8M
Net VEX	-104.6K	-133.9K	-80.2K	-99.3K	-121.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	73.76	0.12	406.48	31.21	12.61
Total Volume	6,175.6	72	15,969	1,353	4,953
Total OI	42,713.35	24,784	55,919	49,143	37,047

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
2015-01-02	$24.00	$24.00	8.1%	2.6%	7.2%	38.5%	10.4%	1.2%	0.8%	-15.7M	43.3M	-99.3K	31.21	120.81	42	1,311	481	48,662
2015-01-05	$23.93	$24.00	7.6%	2.6%	7.2%	35.0%	0.0%	2.9%	-0.3%	-17.1M	47.3M	-82.1K	0.00	96.70	0	72	489	48,662
2015-01-06	$23.86	$24.00	7.1%	2.6%	7.2%	31.7%	0.0%	3.9%	0.1%	-14.2M	56.0M	-88.2K	31.50	96.92	4	126	489	48,734
2015-01-07	$23.85	$24.00	4.6%	2.6%	7.2%	15.6%	0.0%	2.9%	-0.0%	-16.3M	59.3M	-81.4K	39.00	97.63	2	78	490	48,729
2015-01-08	$23.89	$24.00	6.1%	2.6%	7.1%	25.7%	11.5%	3.1%	-0.4%	-16.3M	55.5M	-84.3K	43.97	97.23	33	1,451	488	48,729
2015-01-09	$23.91	$24.00	5.7%	2.6%	7.0%	22.8%	10.7%	3.7%	0.0%	-11.0M	53.1M	-93.2K	44.48	97.37	33	1,468	488	48,729
2015-01-12	$23.91	$24.00	5.9%	2.7%	7.0%	24.4%	12.0%	5.2%	-0.2%	-12.6M	53.5M	-80.2K	406.48	26.30	33	13,414	488	48,749
2015-01-13	$23.94	$24.00	9.0%	2.6%	6.9%	44.4%	10.6%	0.7%	0.3%	-16.5M	46.1M	-81.6K	279.94	99.38	33	9,238	488	48,743
2015-01-14	$23.93	$24.00	9.7%	2.8%	6.4%	49.0%	11.4%	2.0%	-0.6%	-21.7M	48.6M	-81.6K	15.07	97.02	733	11,043	488	50,129
2015-01-15	$23.80	$24.00	9.4%	2.7%	6.2%	46.6%	13.3%	3.0%	0.3%	-14.0M	68.2M	-106.1K	14.73	94.78	738	10,872	487	53,707
2015-01-16	$23.90	$24.00	8.9%	2.5%	5.0%	43.5%	10.2%	5.5%	0.6%	-23.6M	61.9M	-118.8K	107.95	90.54	21	2,267	492	55,427
2015-01-20	$23.91	$24.00	8.5%	2.4%	4.9%	41.1%	8.2%	5.0%	0.9%	-3.0M	27.9M	-105.8K	0.67	96.88	310	207	256	24,528
2015-01-21	$23.92	$24.00	9.8%	2.8%	3.8%	49.3%	14.1%	5.0%	-0.4%	-3.0M	28.0M	-120.0K	204.71	95.24	55	11,259	564	24,685
2015-01-22	$23.96	$24.00	9.0%	2.6%	3.8%	44.3%	14.4%	4.8%	0.2%	-4.9M	31.7M	-133.9K	83.09	28.48	184	15,288	569	34,243
2015-01-23	$24.02	$24.00	8.9%	2.5%	3.8%	43.4%	15.1%	1.7%	1.1%	-4.7M	28.8M	-111.9K	53.32	94.84	294	15,675	602	34,243
2015-01-26	$24.03	$24.00	8.3%	2.4%	3.8%	39.9%	8.3%	4.2%	1.5%	-4.6M	28.5M	-125.9K	0.12	42.00	343	40	773	33,923
2015-01-27	$24.00	$24.00	7.9%	2.3%	3.8%	37.3%	7.9%	4.3%	0.3%	-5.0M	28.3M	-123.1K	2.12	10.42	472	1,000	1,116	33,883
2015-01-28	$23.98	$24.00	8.2%	2.3%	3.8%	38.8%	14.9%	0.8%	0.5%	-4.2M	27.6M	-123.7K	17.83	104.31	820	14,620	1,588	34,883
2015-01-29	$24.00	$24.00	8.3%	2.4%	3.7%	39.6%	11.2%	4.5%	0.2%	-4.7M	29.1M	-128.3K	12.68	31.89	364	4,616	1,594	35,402
2015-01-30	$23.98	$24.00	8.5%	2.4%	3.3%	41.1%	8.8%	-2.1%	-0.5%	-4.3M	27.8M	-121.7K	12.61	98.24	364	4,589	1,610	35,437