BKLN Options History — February 2020

In February 2020, BKLN traded between $21.94 and $22.70. ATM implied volatility averaged 7.4%, placing in the 11.7% IV rank vs the trailing year. The 30-day expected move averaged 2.0%. IV traded above realized volatility by 4.2% (HV 20d: 3.2%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 6045.28.

Notable Days

  • 2020-02-28: Highest Volume — 64,025 contracts
  • 2020-02-14: Largest IV spike — 46.7% change
  • 2020-02-28: Highest IV Rank — 31.7%
  • 2020-02-28: Largest Expected Move — 4.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.55$21.94$22.70$22.62$21.94
Max Pain$23.00$23.00$23.00$23.00$23.00
ATM IV7.4%3.8%15.3%9.5%15.3%
Expected Move2.0%1.1%4.4%2.7%4.4%
HV 20d3.2%2.4%5.9%2.8%5.9%
HV 60d3.0%2.5%4.4%2.8%4.4%
IV Rank11.7%2.5%31.7%16.5%31.7%
IV Percentile67.7%20.6%95.2%87.7%95.2%
Term Structure-0.4%-2.3%2.5%-1.4%-2.3%
VWIV7.8%4.3%16.0%6.4%16.0%
Skew 25d2.3%-0.1%8.3%1.3%8.3%
Skew 10d5.1%-7.5%31.2%2.6%31.2%
Call IV 25d5.3%3.1%12.3%5.8%12.3%
Put IV 25d7.6%5.3%20.6%7.0%20.6%
Bid-Ask Spread %37.999.8996.6611.2394.09
Gamma HHI0.740.650.810.810.65
Net GEX-28.4M-33.8M-23.3M-25.3M-31.6M
Net DEX82.9M51.4M213.5M64.5M213.5M
Net VEX-460.1K-787.8K-314.2K-418.0K-787.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6045.280.0032011.505035.0032011.50
Total Volume8,215.211464,025464,025
Total OI191,618176,660240,926176,660240,926

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-02-03$22.62$23.009.5%2.7%2.8%16.5%0.0%1.3%-1.4%-25.3M64.5M-418.0K0.0011.23041,238175,422
2020-02-04$22.62$23.007.2%2.1%2.8%10.9%0.0%2.5%-1.5%-23.3M67.2M-441.2K5035.0011.4215,0351,238175,424
2020-02-05$22.63$23.006.0%1.7%2.8%8.0%0.0%2.0%-1.5%-27.0M63.5M-421.2K500.0012.86105,0001,238180,414
2020-02-06$22.62$23.008.1%1.7%2.7%13.1%6.4%1.9%0.2%-26.4M71.2M-468.8K0.0013.62601,248184,414
2020-02-07$22.60$23.009.7%1.8%2.7%17.1%5.7%1.8%0.4%-30.8M64.9M-426.4K2003.0020.7212,0031,254184,414
2020-02-10$22.62$23.008.0%1.4%2.7%13.0%5.3%1.3%0.3%-29.7M68.9M-446.6K0.0033.000241,254186,415
2020-02-11$22.63$23.007.6%1.3%2.7%12.1%0.0%2.3%0.2%-29.7M64.1M-418.9K0.0011.870111,254186,417
2020-02-12$22.68$23.005.2%1.5%2.9%6.2%7.4%3.0%-0.6%-27.6M65.9M-381.0K0.0016.9402431,254186,426
2020-02-13$22.64$23.003.8%1.1%2.9%2.5%4.3%1.0%-0.8%-28.3M66.5M-413.3K46.0043.181461,254186,564
2020-02-14$22.65$23.005.5%1.6%2.9%7.0%0.0%2.3%-1.1%-26.4M69.6M-439.5K0.0047.7001,0091,255186,574
2020-02-18$22.68$23.005.0%1.4%2.9%5.7%6.7%2.8%-0.7%-28.1M65.1M-379.6K0.0014.8201051,254187,377
2020-02-19$22.68$23.004.9%1.4%2.5%5.2%6.3%2.9%-0.8%-28.0M67.6M-402.8K0.0059.9704161,254187,369
2020-02-20$22.70$23.004.5%1.3%2.5%4.3%5.6%1.8%-1.0%-30.2M51.4M-314.2K0.0027.080631,254187,460
2020-02-21$22.68$23.005.7%1.6%2.4%7.3%0.0%1.0%-1.2%-27.6M64.3M-371.9K65.0015.741651,254187,499
2020-02-24$22.48$23.006.0%1.7%3.8%8.3%6.1%-0.1%2.5%-28.3M88.7M-511.4K39.0596.66381,4841,234187,176
2020-02-25$22.41$23.008.8%2.5%3.7%15.2%9.9%3.2%1.0%-26.3M92.0M-491.2K25997.0090.84125,9971,272188,242
2020-02-26$22.38$23.008.4%2.4%3.6%14.2%9.3%2.9%1.8%-33.8M109.7M-551.0K308.709.89103,0871,273207,937
2020-02-27$22.10$23.0012.0%3.4%5.6%23.4%12.0%1.1%-1.5%-30.9M157.5M-656.3K492.7890.169647,3071,283211,707
2020-02-28$21.94$23.0015.3%4.4%5.9%31.7%16.0%8.3%-2.3%-31.6M213.5M-787.8K32011.5094.09264,0231,357239,569