BKLN Options History — March 2020

In March 2020, BKLN traded between $17.24 and $22.28. ATM implied volatility averaged 48.9%, placing in the 62.6% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 18.3% (HV 20d: 30.6%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 2046.34.

Notable Days

  • 2020-03-18: Highest Volume — 76,792 contracts
  • 2020-03-09: Largest IV spike — 257.0% change
  • 2020-03-09: Highest IV Rank — 100.0%
  • 2020-03-18: Largest Expected Move — 21.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.11$17.24$22.28$22.09$20.48
Max Pain$23.00$23.00$23.00$23.00$23.00
ATM IV48.9%15.8%82.7%15.8%55.9%
Expected Move13.0%4.5%21.1%4.5%16.0%
HV 20d30.6%6.6%56.6%6.6%56.6%
HV 60d18.2%4.6%32.5%4.6%32.5%
IV Rank62.6%32.9%100.0%32.9%66.5%
IV Percentile97.8%95.2%100.0%95.2%96.0%
Term Structure-9.6%-28.8%-0.3%-2.9%-6.3%
VWIV45.6%17.4%73.7%17.4%61.2%
Skew 25d27.6%5.2%61.7%8.1%26.7%
Skew 10d47.4%-7.3%94.3%10.3%52.3%
Call IV 25d32.9%8.6%58.1%11.6%43.9%
Put IV 25d60.5%16.9%94.6%19.6%70.6%
Bid-Ask Spread %96.6380.64116.7795.9180.64
Gamma HHI0.400.230.690.660.32
Net GEX-18.1M-37.6M-6.3M-37.6M-14.1M
Net DEX355.4M205.7M509.0M219.6M312.0M
Net VEX-783.6K-1.0M-503.5K-848.3K-706.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2046.340.2315357.40356.430.89
Total Volume16,684.3181,33776,79216,7999,886
Total OI321,356.318291,285375,408291,285322,605

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-03-02$22.09$23.0015.8%4.5%6.6%32.9%17.4%8.1%-2.9%-37.6M219.6M-848.3K356.4395.914716,7521,417289,868
2020-03-03$22.15$23.0020.2%5.8%6.8%44.0%18.3%5.2%-5.7%-35.7M221.3M-896.1K217.93103.1113328,9851,464294,960
2020-03-04$22.28$23.0018.7%5.4%7.2%40.3%18.7%6.6%-5.5%-36.7M205.7M-806.9K11.42106.831,27114,5191,563297,050
2020-03-05$22.10$23.0018.8%5.2%7.6%40.4%18.3%13.3%-5.2%-34.9M253.5M-921.4K26.1792.042666,9602,829309,012
2020-03-06$22.01$23.0023.2%6.0%7.7%51.5%23.9%13.8%-6.9%-32.0M260.8M-896.5K22.5597.902084,6903,067309,194
2020-03-09$21.25$23.0082.7%9.0%14.2%100.0%28.1%18.3%-9.6%-23.1M367.4M-959.3K58.03110.3636521,1813,265311,142
2020-03-10$21.45$23.0070.2%12.2%14.9%84.4%33.5%23.2%-18.9%-20.1M334.0M-1.0M6.86116.773482,3883,547310,884
2020-03-11$20.79$23.0041.0%11.8%17.9%47.9%34.5%37.2%-10.9%-16.7M366.5M-968.2K10.6599.801,18412,6043,875310,784
2020-03-12$20.34$23.0041.2%11.8%18.8%48.1%44.5%18.4%-9.1%-17.0M412.9M-813.8K308.48102.019629,6144,436304,197
2020-03-13$20.69$23.0035.0%10.0%20.4%40.3%38.3%24.0%-10.5%-18.0M337.3M-894.9K13490.50104.40226,9814,520300,087
2020-03-16$19.53$23.0045.1%12.9%27.7%53.0%73.7%27.9%-15.1%-13.9M430.9M-755.3K2091.6787.85612,5504,522312,665
2020-03-17$19.64$23.0045.8%13.1%27.9%53.9%63.2%25.7%-10.9%-14.5M417.5M-790.4K4085.0096.4514,0854,520322,890
2020-03-18$17.84$23.0073.5%21.1%41.9%88.6%68.1%36.3%-28.8%-7.2M468.1M-538.0K15357.4087.38576,7874,520324,335
2020-03-19$17.89$23.0065.1%18.7%42.0%78.0%66.9%34.3%-17.8%-8.9M509.0M-623.0K615.2994.854125,2274,525370,883
2020-03-20$17.97$23.0063.0%18.1%42.3%75.3%70.4%44.4%-18.0%-7.9M433.7M-665.0K76.3897.5024118,4074,503342,605
2020-03-23$17.24$23.0064.0%18.4%43.5%76.7%65.7%31.6%-7.7%-6.3M432.1M-503.5K8254.0098.0318,2544,306324,872
2020-03-24$18.12$23.0054.5%15.6%48.9%64.8%55.5%50.2%-0.3%-9.1M403.7M-666.4K10.5795.652162,2844,308329,453
2020-03-25$19.09$23.0064.9%18.6%53.7%77.8%46.8%43.1%-6.3%-10.0M404.2M-673.6K6.3895.483,55022,6394,524327,362
2020-03-26$19.69$23.0060.7%17.4%55.4%72.5%58.7%34.5%-7.8%-11.7M357.9M-748.5K1.7186.481,0771,8448,281321,236
2020-03-27$19.72$23.0057.7%16.5%55.4%68.7%46.9%61.7%-1.0%-10.7M330.9M-802.2K0.2388.151,0892489,176320,150
2020-03-30$20.01$23.0059.8%17.2%55.7%71.4%51.5%23.1%-5.4%-12.6M339.3M-731.0K10.8588.278469,1779,952320,485
2020-03-31$20.48$23.0055.9%16.0%56.6%66.5%61.2%26.7%-6.3%-14.1M312.0M-706.7K0.8980.645,2324,65410,529312,076