BKLN Options History — January 2016

In January 2016, BKLN traded between $22.03 and $22.38. ATM implied volatility averaged 14.3%, placing in the 51.9% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded above realized volatility by 8.9% (HV 20d: 5.4%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 2.07.

Notable Days

2016-01-06: Highest Volume — 23,347 contracts
2016-01-15: Largest IV spike — 33.3% change
2016-01-04: Highest IV Rank — 66.6%
2016-01-15: Largest Expected Move — 5.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$22.22	$22.03	$22.38	$22.38	$22.21
Max Pain	$22.00	$22.00	$22.00	$22.00	$22.00
ATM IV	14.3%	11.0%	17.4%	17.4%	14.4%
Expected Move	4.1%	3.2%	5.0%	4.4%	4.1%
HV 20d	5.4%	3.3%	6.8%	6.8%	5.5%
HV 60d	4.9%	4.5%	5.3%	4.5%	5.3%
IV Rank	51.9%	36.7%	66.6%	66.6%	52.8%
IV Percentile	91.2%	78.6%	98.0%	98.0%	89.7%
Term Structure	-0.4%	-4.5%	4.2%	-0.1%	-4.5%
VWIV	14.1%	10.2%	16.9%	15.5%	14.5%
Skew 25d	5.1%	-2.5%	25.8%	9.2%	-2.5%
Skew 10d	9.8%	-5.0%	47.4%	9.0%	-5.0%
Call IV 25d	12.4%	8.0%	16.8%	8.4%	16.8%
Put IV 25d	17.5%	12.3%	37.8%	17.6%	14.3%
Bid-Ask Spread %	85.63	37.48	108.68	92.42	100.43
Gamma HHI	0.41	0.36	0.50	0.49	0.36
Net GEX	-3.8M	-5.4M	-3.4M	-3.4M	-3.9M
Net DEX	59.0M	55.7M	64.1M	55.7M	57.4M
Net VEX	-342.1K	-364.8K	-323.1K	-364.8K	-327.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.07	0.33	4.51	0.61	2.64
Total Volume	5,855.737	1,301	23,347	6,827	1,419
Total OI	61,651.316	48,678	77,431	77,411	48,820

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
2016-01-04	$22.38	$22.00	17.4%	4.4%	6.8%	66.6%	15.5%	9.2%	-0.1%	-3.4M	55.7M	-364.8K	0.61	92.42	4,234	2,593	15,202	62,209
2016-01-05	$22.37	$22.00	11.7%	3.9%	6.8%	40.1%	13.4%	2.6%	0.4%	-3.6M	58.3M	-355.9K	0.33	104.08	4,234	1,396	15,202	62,209
2016-01-06	$22.32	$22.00	15.6%	3.6%	6.8%	58.0%	12.6%	6.6%	1.4%	-3.7M	57.1M	-355.0K	4.51	58.87	4,234	19,113	15,202	62,229
2016-01-07	$22.30	$22.00	12.9%	3.8%	6.1%	45.4%	13.5%	4.7%	1.2%	-3.9M	62.0M	-351.2K	3.39	105.77	4,244	14,405	11,402	60,519
2016-01-08	$22.32	$22.00	12.2%	3.7%	6.1%	42.2%	13.2%	4.5%	1.4%	-4.3M	62.3M	-350.1K	0.92	104.67	4,244	3,904	11,402	60,819
2016-01-11	$22.37	$22.00	12.4%	3.9%	6.1%	43.3%	13.5%	25.8%	0.8%	-3.7M	59.9M	-356.4K	0.85	105.72	4,244	3,593	11,402	61,142
2016-01-12	$22.36	$22.00	16.2%	4.2%	4.8%	61.2%	14.6%	8.0%	-0.3%	-3.6M	60.3M	-350.9K	0.85	47.98	4,244	3,591	11,402	61,147
2016-01-13	$22.36	$22.00	11.0%	3.2%	3.3%	36.7%	10.2%	19.2%	4.2%	-3.9M	60.3M	-346.7K	0.75	62.76	4,244	3,193	11,402	61,147
2016-01-14	$22.32	$22.00	13.0%	3.7%	3.3%	46.2%	12.9%	2.5%	1.7%	-5.4M	63.7M	-345.1K	0.60	82.15	4,244	2,567	11,402	58,289
2016-01-15	$22.06	$22.00	17.3%	5.0%	5.1%	66.4%	16.9%	0.1%	-3.4%	-3.5M	64.1M	-336.8K	0.40	100.11	4,155	1,663	11,402	56,737
2016-01-19	$22.08	$22.00	14.5%	4.2%	5.0%	53.2%	14.5%	-1.4%	-0.1%	-3.8M	56.5M	-339.8K	4.40	62.48	357	1,570	500	48,178
2016-01-20	$22.03	$22.00	14.8%	4.2%	5.1%	54.5%	14.9%	1.7%	-2.3%	-3.6M	57.6M	-336.8K	2.67	108.68	357	953	699	48,178
2016-01-21	$22.03	$22.00	14.6%	4.2%	5.0%	53.4%	14.6%	6.6%	0.5%	-3.7M	58.8M	-332.5K	2.64	40.91	357	944	699	48,190
2016-01-22	$22.19	$22.00	14.0%	4.0%	5.4%	50.9%	14.2%	4.7%	-0.2%	-3.9M	58.1M	-331.8K	2.64	108.57	357	944	699	48,193
2016-01-25	$22.14	$22.00	14.5%	4.2%	5.4%	53.2%	14.5%	4.8%	-0.1%	-3.9M	56.9M	-331.4K	2.96	37.48	357	1,055	699	48,193
2016-01-26	$22.15	$22.00	14.8%	4.3%	5.4%	54.7%	14.8%	-2.3%	-3.4%	-3.7M	56.6M	-330.3K	2.96	97.56	357	1,055	689	48,131
2016-01-27	$22.12	$22.00	14.6%	4.2%	5.4%	53.7%	14.6%	1.0%	-3.1%	-4.0M	57.6M	-323.1K	2.64	103.30	390	1,029	689	48,131
2016-01-28	$22.15	$22.00	14.7%	4.2%	5.3%	53.9%	14.5%	1.8%	-1.7%	-3.7M	57.2M	-333.8K	2.64	102.93	390	1,029	689	48,131
2016-01-29	$22.21	$22.00	14.4%	4.1%	5.5%	52.8%	14.5%	-2.5%	-4.5%	-3.9M	57.4M	-327.9K	2.64	100.43	390	1,029	689	48,131