BKLN Options History — March 2015

In March 2015, BKLN traded between $23.97 and $24.16. ATM implied volatility averaged 6.8%, placing in the 29.9% IV rank vs the trailing year. The 30-day expected move averaged 2.0%. IV traded above realized volatility by 4.1% (HV 20d: 2.6%). Max pain ranged from $24.00 to $25.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 559.47.

Notable Days

  • 2015-03-24: Highest Volume — 17,655 contracts
  • 2015-03-10: Largest IV drop — 20.8% change
  • 2015-03-18: Highest IV Rank — 35.8%
  • 2015-03-18: Largest Expected Move — 2.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.07$23.97$24.16$24.16$24.09
Max Pain$24.86$24.00$25.00$24.00$25.00
ATM IV6.8%5.8%7.7%7.1%6.6%
Expected Move2.0%1.7%2.2%2.0%1.9%
HV 20d2.6%2.3%3.0%2.7%3.0%
HV 60d3.9%3.0%4.8%4.8%3.0%
IV Rank29.9%23.5%35.8%31.7%28.7%
IV Percentile47.2%32.9%66.7%52.0%40.1%
Term Structure0.1%-0.9%1.1%-0.2%1.1%
VWIV7.4%6.1%9.7%7.0%9.7%
Skew 25d4.4%-1.8%29.7%0.1%-1.8%
Skew 10d7.3%-2.6%47.9%1.3%-2.6%
Call IV 25d7.6%5.8%9.3%8.2%9.3%
Put IV 25d12.0%7.1%36.4%8.4%7.5%
Bid-Ask Spread %65.327.66127.6479.0686.40
Gamma HHI0.880.770.950.790.91
Net GEX-9.4M-15.2M-6.0M-6.1M-15.2M
Net DEX29.8M21.7M40.6M21.7M37.2M
Net VEX-122.5K-146.1K-76.5K-123.3K-136.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio559.470.003530.007.3020.94
Total Volume2,835.409017,6555,4753,269
Total OI34,245.81829,94741,06429,94741,064

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-03-02$24.16$24.007.1%2.0%2.7%31.7%7.0%0.1%-0.2%-6.1M21.7M-123.3K7.3079.066604,8151,56228,385
2015-03-03$24.11$24.006.4%1.8%2.8%27.3%6.5%-0.2%0.8%-6.1M23.9M-123.6K7.3232.446604,8281,56228,391
2015-03-04$24.11$24.006.5%1.9%2.7%28.1%6.5%1.1%0.2%-6.0M22.5M-115.0K7.3113.516604,8221,54128,422
2015-03-05$24.13$25.006.8%1.9%2.4%29.9%8.2%3.5%0.7%-6.0M22.8M-115.0K7.3114.586604,8221,54128,439
2015-03-06$24.11$25.006.5%1.9%2.3%28.2%7.9%2.1%0.1%-6.3M23.7M-113.4K10.2886.806606,7831,54128,439
2015-03-09$24.14$25.007.3%1.9%2.4%33.4%6.7%20.8%0.0%-7.1M27.8M-128.7K0.0030.7901881,54131,444
2015-03-10$24.13$25.005.8%2.0%2.3%23.5%6.8%25.0%-0.1%-7.3M27.7M-129.2K0.008.69601,54131,595
2015-03-11$24.13$25.006.5%1.9%2.3%28.1%0.0%29.7%0.5%-7.6M27.5M-128.1K0.0092.20051,54131,595
2015-03-12$24.16$25.006.1%1.7%2.3%25.2%6.1%21.1%0.7%-7.8M22.9M-76.5K0.0024.710284031,591
2015-03-13$24.06$25.007.1%2.0%2.7%32.1%7.1%-0.6%-0.1%-8.5M27.5M-101.7K0.0093.0502545331,593
2015-03-16$23.99$25.007.4%2.1%2.7%33.6%7.4%0.1%-0.2%-9.2M30.4M-123.5K2505.0031.1312,50545331,613
2015-03-17$23.97$25.007.0%2.0%2.4%31.3%0.0%0.4%-0.2%-9.8M33.9M-134.0K0.007.660045434,113
2015-03-18$24.06$25.007.7%2.2%2.8%35.8%7.7%0.0%-0.9%-10.1M28.7M-114.8K0.0098.5402645434,113
2015-03-19$24.03$25.007.1%2.0%2.8%32.2%7.1%0.2%-0.4%-11.4M30.9M-115.2K0.00127.640645434,115
2015-03-20$24.01$25.006.0%1.7%2.7%24.9%0.0%-0.5%0.7%-12.9M31.9M-129.8K0.0090.8602145434,117
2015-03-23$24.01$25.006.9%2.0%2.7%30.6%6.9%-0.6%0.2%-7.7M27.6M-100.1K0.0047.73017044431,595
2015-03-24$24.00$25.007.0%2.0%2.7%31.4%7.0%-0.6%-0.4%-8.0M29.4M-119.0K3530.00101.57517,65044431,753
2015-03-25$24.03$25.007.2%2.1%2.8%32.6%7.2%-0.7%-0.5%-12.3M39.4M-137.1K0.00103.6307644940,583
2015-03-26$24.04$25.006.9%2.0%2.8%30.4%8.6%-0.6%0.1%-13.0M40.6M-143.9K37.52101.421495,59044940,607
2015-03-27$24.04$25.006.5%1.9%2.7%27.9%0.0%-0.3%-0.2%-14.2M40.5M-146.1K0.0076.970144940,612
2015-03-30$24.13$25.007.0%2.0%3.0%31.0%8.9%-1.7%0.3%-14.0M36.8M-139.9K21.2487.691493,16544940,613
2015-03-31$24.09$25.006.6%1.9%3.0%28.7%9.7%-1.8%1.1%-15.2M37.2M-136.1K20.9486.401493,12045440,610