BKLN Options History — November 2016

In November 2016, BKLN traded between $22.99 and $23.15. ATM implied volatility averaged 6.5%, placing in the 19.6% IV rank vs the trailing year. The 30-day expected move averaged 1.8%. IV traded above realized volatility by 3.9% (HV 20d: 2.6%). Max pain ranged from $22.00 to $23.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 4.93.

Notable Days

  • 2016-11-02: Highest Volume — 7,262 contracts
  • 2016-11-10: Largest IV drop — 28.1% change
  • 2016-11-02: Highest IV Rank — 39.0%
  • 2016-11-02: Largest Expected Move — 2.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.08$22.99$23.15$23.15$23.12
Max Pain$22.69$22.00$23.00$23.00$23.00
ATM IV6.5%5.1%9.1%8.0%6.4%
Expected Move1.8%1.5%2.6%2.3%1.8%
HV 20d2.6%1.8%3.0%1.8%3.0%
HV 60d2.1%1.8%2.2%1.8%2.2%
IV Rank19.6%5.3%39.0%31.8%12.4%
IV Percentile26.9%2.4%72.2%61.5%20.6%
Term Structure0.2%-1.0%1.3%0.5%0.1%
VWIV6.3%5.1%9.1%8.5%6.4%
Skew 25d13.0%-2.3%42.3%0.8%27.4%
Skew 10d20.0%-3.7%56.5%1.4%51.0%
Call IV 25d8.0%6.2%10.1%8.8%9.7%
Put IV 25d21.0%6.9%50.7%9.7%37.0%
Bid-Ask Spread %63.2030.12106.2699.14103.78
Gamma HHI0.910.630.990.920.98
Net GEX-10.6M-30.1M-2.4M-9.5M-2.5M
Net DEX23.8M11.0M35.1M27.6M11.2M
Net VEX-60.8K-81.8K-41.8K-81.8K-41.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.931.1016.2516.244.93
Total Volume3,160.7621,1597,2627,2583,356
Total OI74,177.52467,50380,31676,04267,565

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-11-01$23.15$23.008.0%2.3%1.8%31.8%8.5%0.8%0.5%-9.5M27.6M-81.8K16.2499.144216,83787175,171
2016-11-02$23.08$23.009.1%2.6%2.0%39.0%9.1%0.2%-1.0%-9.2M31.6M-81.4K16.25106.264216,84199775,171
2016-11-03$23.03$0.008.6%2.2%2.1%36.1%0.0%1.6%-0.3%-9.8M33.0M-79.8K1.8862.6042179099775,181
2016-11-04$22.99$0.007.4%2.1%2.2%27.9%0.0%3.1%-0.8%-10.9M32.9M-67.1K2.3830.1235684899775,367
2016-11-07$23.09$0.007.8%1.9%2.8%30.7%0.0%25.1%-0.2%-12.4M32.9M-73.7K2.1434.193968481,04775,617
2016-11-08$23.09$0.007.3%2.1%2.8%25.8%0.0%24.1%-0.4%-13.0M30.7M-73.6K2.1430.673968481,04775,367
2016-11-09$23.09$0.007.1%2.0%2.8%24.6%0.0%27.8%-0.7%-12.0M32.6M-72.1K2.2235.103968781,04775,367
2016-11-10$23.05$22.005.1%1.5%2.8%11.2%0.0%42.3%0.9%-13.3M33.9M-68.9K1.10104.295516081,04775,397
2016-11-11$23.02$22.005.9%1.7%2.5%16.3%0.0%25.2%0.9%-14.6M35.1M-68.3K5.0998.795512,8061,16775,407
2016-11-14$23.07$22.006.6%1.9%2.6%21.3%0.0%27.7%-0.1%-16.1M34.5M-70.4K5.5833.214962,7681,16777,597
2016-11-15$23.07$22.007.0%2.0%2.6%23.5%7.0%25.0%-0.7%-14.0M27.0M-56.3K1.6638.651,6262,6981,16777,595
2016-11-16$23.05$22.006.6%1.9%2.6%20.8%6.6%23.6%-0.3%-19.3M25.2M-54.7K3.99103.306962,7782,27777,595
2016-11-17$23.07$23.005.8%1.7%2.6%15.7%5.8%-2.3%0.6%-18.8M22.2M-52.2K3.83104.067262,7782,47777,609
2016-11-18$23.06$23.005.3%1.5%2.6%12.5%5.3%-0.6%0.8%-30.1M17.9M-46.5K4.9030.605662,7722,70777,609
2016-11-21$23.10$23.005.7%1.6%2.7%14.9%5.7%1.1%0.7%-2.5M11.6M-45.9K4.8333.015662,7322,80764,696
2016-11-22$23.15$23.005.1%1.5%2.8%11.2%5.1%20.1%1.3%-3.0M13.5M-57.2K4.83104.865662,7332,80764,701
2016-11-23$23.11$23.005.7%1.6%2.8%15.0%5.7%-0.1%0.4%-2.7M11.0M-44.9K4.8379.435662,7332,80764,702
2016-11-25$23.07$23.005.4%1.6%2.9%5.6%5.4%-0.1%1.1%-2.4M11.5M-44.0K4.8332.935662,7332,80764,702
2016-11-28$23.12$23.006.0%1.7%3.0%9.8%6.0%1.1%0.4%-2.6M11.1M-42.7K4.9231.765662,7862,80764,702
2016-11-29$23.14$23.005.4%1.5%3.0%5.3%5.4%-0.5%1.1%-3.1M13.1M-53.9K4.9330.445662,7902,80764,756
2016-11-30$23.12$23.006.4%1.8%3.0%12.4%6.4%27.4%0.1%-2.5M11.2M-41.8K4.93103.785662,7902,80764,758