BKLN Options History — March 2016

In March 2016, BKLN traded between $22.23 and $22.74. ATM implied volatility averaged 9.0%, placing in the 27.5% IV rank vs the trailing year. The 30-day expected move averaged 2.5%. IV traded above realized volatility by 4.8% (HV 20d: 4.3%). Max pain ranged from $22.00 to $35.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 5.74.

Notable Days

  • 2016-03-29: Highest Volume — 3,506 contracts
  • 2016-03-08: Largest IV spike — 57.0% change
  • 2016-03-08: Highest IV Rank — 51.5%
  • 2016-03-29: Largest Expected Move — 3.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.55$22.23$22.74$22.24$22.72
Max Pain$29.68$22.00$35.00$22.00$35.00
ATM IV9.0%6.5%14.2%9.1%10.8%
Expected Move2.5%1.9%3.2%2.6%3.1%
HV 20d4.3%3.4%4.9%4.1%4.7%
HV 60d5.0%4.6%5.7%5.6%4.9%
IV Rank27.5%15.8%51.5%28.0%35.9%
IV Percentile58.5%36.5%87.3%59.9%68.7%
Term Structure-0.6%-2.5%0.9%0.4%-0.2%
VWIV11.1%8.3%13.9%8.5%12.7%
Skew 25d4.6%0.9%13.6%1.4%5.0%
Skew 10d8.5%-6.6%30.9%2.1%-0.2%
Call IV 25d6.3%4.3%9.4%9.3%6.5%
Put IV 25d10.9%7.5%18.5%10.8%11.6%
Bid-Ask Spread %43.179.83102.4598.8939.70
Gamma HHI0.340.260.520.330.40
Net GEX-3.9M-5.1M-1.6M-3.5M-4.5M
Net DEX56.2M30.2M82.0M60.3M51.1M
Net VEX-328.4K-561.4K-20.3K-265.9K-266.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.742.507.963.284.29
Total Volume2,925.6822,2573,5062,8042,287
Total OI74,236.36473,15375,33173,31973,395

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-03-01$22.24$22.009.1%2.6%4.1%28.0%8.5%1.4%0.4%-3.5M60.3M-265.9K3.2898.896552,1491,61671,703
2016-03-02$22.23$22.008.7%2.5%4.1%26.1%8.3%0.9%0.6%-4.6M82.0M-524.5K2.5096.081,0002,5051,54972,005
2016-03-03$22.37$23.008.2%2.3%4.6%23.6%13.9%8.0%-1.0%-2.7M59.2M-299.7K2.6027.409632,5001,91472,349
2016-03-04$22.39$23.007.7%2.2%4.6%21.4%13.5%7.3%-0.4%-4.3M78.6M-550.4K6.7699.704242,8671,92772,359
2016-03-07$22.47$23.009.0%2.3%4.7%27.4%9.3%13.6%-0.4%-4.4M77.5M-549.2K6.7625.034242,8671,92673,405
2016-03-08$22.47$24.0014.2%2.7%4.4%51.5%10.4%4.4%-2.5%-1.6M35.2M-20.3K7.08101.324052,8671,73373,405
2016-03-09$22.51$24.007.5%2.2%4.4%20.6%11.2%5.9%-0.2%-2.6M56.5M-294.7K7.0812.744052,8671,73473,405
2016-03-10$22.56$24.007.8%2.2%4.3%21.8%11.2%7.5%0.8%-4.7M74.1M-554.1K7.3728.893892,8671,73473,405
2016-03-11$22.65$24.008.2%2.4%3.9%23.7%11.6%7.3%-0.6%-2.7M53.9M-296.5K7.3727.273892,8671,63673,405
2016-03-14$22.62$24.008.3%2.4%3.4%23.8%12.1%7.2%-1.1%-4.6M50.8M-367.6K7.4227.543892,8871,63673,405
2016-03-15$22.53$35.006.8%1.9%3.9%17.0%9.6%4.5%-1.9%-5.1M75.1M-540.6K7.4229.363892,8871,06673,425
2016-03-16$22.62$35.008.4%2.4%4.0%24.4%12.2%1.9%0.9%-2.6M50.2M-265.4K4.77102.453931,8731,06673,425
2016-03-17$22.67$35.008.6%2.5%3.9%25.7%11.7%3.5%0.9%-4.9M72.1M-561.4K4.7728.403931,8731,07073,483
2016-03-18$22.73$35.006.5%1.9%3.9%15.8%9.3%1.9%-0.2%-4.1M30.2M-113.9K4.8026.723901,8731,07073,483
2016-03-21$22.72$35.009.0%2.6%3.8%27.4%12.0%2.5%-0.8%-4.8M45.7M-330.5K4.8631.783851,87284573,109
2016-03-22$22.74$35.009.2%2.7%3.8%28.5%12.5%2.5%-0.7%-4.4M30.4M-94.2K4.8631.763851,87284573,129
2016-03-23$22.63$35.009.2%2.6%4.4%28.2%11.6%2.0%-1.3%-5.0M54.1M-389.3K4.8627.853851,87284573,129
2016-03-24$22.53$35.009.8%2.8%4.9%31.3%10.1%4.1%-2.1%-5.1M52.6M-363.7K7.4520.443852,86984573,129
2016-03-28$22.55$35.0010.2%2.9%4.9%32.8%12.3%6.8%-0.7%-3.2M56.6M-280.8K7.9628.713853,06684572,308
2016-03-29$22.56$35.0011.1%3.2%4.9%36.9%10.2%2.0%-2.3%-4.3M54.1M-273.2K7.5727.804093,09784572,333
2016-03-30$22.64$35.0010.4%3.0%4.7%33.9%10.7%1.1%-0.2%-1.9M35.7M-22.1K4.419.834321,90794372,316
2016-03-31$22.72$35.0010.8%3.1%4.7%35.9%12.7%5.0%-0.2%-4.5M51.1M-266.9K4.2939.704321,8551,06472,331