BKLN Options History — December 2018

In December 2018, BKLN traded between $21.63 and $22.73. ATM implied volatility averaged 10.4%, placing in the 72.0% IV rank vs the trailing year. The 30-day expected move averaged 2.9%. IV traded above realized volatility by 5.8% (HV 20d: 4.5%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 184.88.

Notable Days

  • 2018-12-20: Highest Volume — 87,232 contracts
  • 2018-12-10: Largest IV spike — 57.8% change
  • 2018-12-10: Highest IV Rank — 100.0%
  • 2018-12-24: Largest Expected Move — 4.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.23$21.63$22.73$22.73$21.79
Max Pain$23.00$23.00$23.00$23.00$23.00
ATM IV10.4%4.9%15.3%4.9%9.5%
Expected Move2.9%1.4%4.4%1.4%2.7%
HV 20d4.5%2.9%8.3%3.2%8.3%
HV 60d3.3%2.4%5.2%2.4%5.2%
IV Rank72.0%29.0%100.0%29.0%54.0%
IV Percentile94.1%53.2%100.0%53.2%94.4%
Term Structure-0.3%-2.8%3.1%0.0%0.4%
VWIV10.0%6.3%15.3%6.3%7.5%
Skew 25d3.6%-2.3%8.0%0.1%3.7%
Skew 10d4.7%-7.9%33.9%-7.9%3.3%
Call IV 25d8.2%4.0%15.7%6.8%12.3%
Put IV 25d11.8%6.8%21.7%6.8%16.0%
Bid-Ask Spread %92.3814.57132.81115.5278.74
Gamma HHI0.520.340.700.470.44
Net GEX-50.8M-61.4M-42.5M-46.7M-60.7M
Net DEX365.2M205.7M523.8M256.0M487.0M
Net VEX-1.7M-2.0M-1.3M-1.8M-1.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio184.881.121356.5690.741.12
Total Volume19,846.454,18487,23211,1014,673
Total OI517,104.95439,334629,072439,334628,440

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-12-03$22.73$23.004.9%1.4%3.2%29.0%6.3%0.1%0.0%-46.7M256.0M-1.8M90.74115.5212110,98013,255426,079
2018-12-04$22.70$23.005.5%1.6%3.0%37.4%7.2%2.5%3.1%-42.5M205.7M-1.3M237.7714.5712128,77013,376436,144
2018-12-05$22.70$23.005.7%1.6%3.0%39.9%7.6%3.3%3.0%-44.0M230.1M-1.4M238.1819.0612128,82013,376436,144
2018-12-06$22.64$23.007.0%1.8%2.9%56.6%6.4%2.8%-2.8%-50.1M293.5M-1.9M58.51102.7820111,76113,376448,755
2018-12-07$22.55$23.008.2%1.5%3.1%71.8%6.3%4.7%-0.9%-43.7M240.9M-1.3M50.6889.4333416,92613,493454,379
2018-12-10$22.44$23.0012.9%3.0%3.4%100.0%10.4%5.4%0.0%-43.8M269.6M-1.4M167.53105.8710717,92613,521454,454
2018-12-11$22.37$23.009.7%2.8%3.4%68.4%9.9%4.3%-0.3%-52.9M339.6M-1.9M1356.5683.581621,70513,620471,068
2018-12-12$22.36$23.009.5%2.7%3.4%66.2%9.5%3.5%0.7%-51.3M345.1M-1.9M1270.2586.611620,32413,631473,974
2018-12-13$22.40$23.0010.0%2.9%3.6%71.4%7.4%4.6%-0.2%-45.3M303.1M-1.4M74.0586.8126619,69613,631482,972
2018-12-14$22.37$23.0010.8%3.1%3.6%79.5%8.9%4.2%-0.8%-45.6M304.3M-1.4M14.6784.853555,20713,805484,693
2018-12-17$22.26$23.0010.5%3.0%3.8%76.6%9.2%6.2%-0.5%-55.7M400.4M-2.0M27.8986.6840911,40513,895488,835
2018-12-18$22.20$23.0010.2%2.9%3.5%73.5%9.7%1.6%0.3%-54.3M422.3M-2.0M10.4891.271,00510,53714,159494,889
2018-12-19$22.09$23.0010.7%3.1%3.7%78.6%10.6%1.1%-0.6%-55.5M458.6M-2.0M8.74132.811,17110,23214,706489,061
2018-12-20$21.97$23.0014.3%4.1%4.0%100.0%15.3%6.7%-0.4%-43.3M400.2M-1.6M76.82127.951,12186,11115,206492,196
2018-12-21$21.93$23.0013.4%3.8%4.0%92.2%13.5%6.1%-1.2%-50.5M448.2M-1.7M1.15128.092,8033,23015,330572,565
2018-12-24$21.63$23.0015.3%4.4%5.7%100.0%15.2%8.0%-2.4%-61.4M523.8M-2.0M2.45101.901,2132,97114,679566,450
2018-12-26$21.94$23.0012.2%3.5%8.2%75.6%12.2%5.1%-0.9%-53.0M421.3M-1.7M3.9693.825,76922,83916,335569,516
2018-12-27$21.81$23.0013.0%3.7%8.3%81.8%13.0%-2.3%-1.1%-55.7M473.7M-1.6M4.4793.225,82326,00620,852582,167
2018-12-28$21.81$23.0013.7%3.9%8.3%87.0%13.4%0.8%-2.2%-60.1M479.8M-1.8M1.57124.116,1559,68322,130606,942
2018-12-31$21.79$23.009.5%2.7%8.3%54.0%7.5%3.7%0.4%-60.7M487.0M-1.7M1.1278.742,2022,47123,157605,283