BKLN Options History — May 2020

In May 2020, BKLN traded between $20.64 and $21.45. ATM implied volatility averaged 22.4%, placing in the 24.5% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 10.5% (HV 20d: 11.9%). Max pain ranged from $21.00 to $22.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 256.07.

Notable Days

  • 2020-05-21: Highest Volume — 150,066 contracts
  • 2020-05-11: Largest IV spike — 20.7% change
  • 2020-05-04: Highest IV Rank — 33.7%
  • 2020-05-01: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.97$20.64$21.45$20.71$21.30
Max Pain$21.70$21.00$22.00$21.00$22.00
ATM IV22.4%17.5%29.8%29.3%19.0%
Expected Move6.2%5.0%8.4%8.4%5.4%
HV 20d11.9%8.8%20.0%20.0%9.2%
HV 60d34.9%34.8%35.0%34.8%34.9%
IV Rank24.5%18.4%33.7%33.2%20.2%
IV Percentile78.5%73.8%84.9%84.1%76.2%
Term Structure0.3%-3.4%2.5%-3.4%-1.3%
VWIV25.0%17.5%36.5%36.5%19.4%
Skew 25d10.5%7.0%16.9%8.9%12.3%
Skew 10d21.6%15.9%27.6%20.7%18.4%
Call IV 25d18.0%10.7%28.7%28.7%10.7%
Put IV 25d28.5%22.6%37.7%37.7%23.0%
Bid-Ask Spread %48.7516.6389.5237.4359.37
Gamma HHI0.280.240.340.240.29
Net GEX-19.8M-22.7M-17.8M-19.2M-19.1M
Net DEX189.3M146.5M229.1M221.7M152.7M
Net VEX-740.2K-878.6K-600.4K-837.5K-600.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio256.070.912236.0021.45329.50
Total Volume12,664.05247150,066247661
Total OI416,821.8333,782500,071432,657351,603

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-05-01$20.71$21.0029.3%8.4%20.0%33.2%36.5%8.9%-3.4%-19.2M221.7M-837.5K21.4537.431123621,262411,395
2020-05-04$20.64$21.0029.8%7.6%19.9%33.7%31.5%11.8%-0.4%-20.0M219.4M-764.1K60.0077.75352,10021,260411,423
2020-05-05$20.65$21.0029.7%7.6%19.3%33.7%30.3%11.5%-0.8%-19.9M217.5M-747.7K333.5074.5813143,68921,255413,195
2020-05-06$20.78$21.0028.2%7.6%15.1%31.8%32.1%12.1%-0.7%-21.6M220.2M-869.8K2236.0081.2212,23621,276450,350
2020-05-07$20.89$21.0026.8%7.3%15.3%30.1%24.0%9.9%0.6%-20.5M203.6M-878.6K4.4066.5722197221,277451,646
2020-05-08$21.06$21.0023.5%7.0%11.0%26.0%27.1%10.8%0.4%-19.9M183.5M-809.7K31.3189.522046,38821,498452,269
2020-05-11$20.97$22.0028.4%7.0%10.7%32.1%29.5%11.0%-0.2%-21.1M205.6M-840.4K9.8252.747177,04321,624463,640
2020-05-12$20.89$22.0023.7%6.2%10.7%26.1%26.0%10.3%0.4%-21.7M203.4M-787.4K219.4748.79153,29222,773468,730
2020-05-13$20.80$22.0021.3%6.1%10.7%23.2%29.4%9.9%0.8%-22.7M210.7M-765.3K9.8031.069629,42322,738467,955
2020-05-14$20.72$22.0022.1%6.3%10.8%24.2%23.3%10.1%0.7%-21.3M229.1M-770.1K31.3529.962062723,317476,453
2020-05-15$20.73$22.0019.7%5.6%10.6%21.1%24.5%16.9%2.5%-19.0M221.6M-749.4K35.5562.912789,88223,224476,847
2020-05-18$20.95$22.0018.5%5.3%10.8%19.6%18.6%11.4%1.5%-18.0M171.1M-658.4K0.9123.9370664312,537321,245
2020-05-19$20.89$22.0018.1%5.2%9.0%19.1%18.3%9.9%1.9%-17.9M170.0M-660.7K68.5520.70312,12513,210321,342
2020-05-20$21.05$22.0018.1%5.2%9.4%19.1%18.9%10.8%2.0%-17.8M166.1M-669.6K1.2837.2030639113,258323,340
2020-05-21$21.12$22.0018.3%5.2%9.1%19.4%28.5%9.0%1.1%-18.2M170.5M-688.3K156.1461.99955149,11113,540323,553
2020-05-22$21.16$22.0017.5%5.0%9.0%18.4%17.5%7.0%1.3%-22.2M174.2M-720.2K1.1416.6320323114,428398,966
2020-05-26$21.30$22.0018.3%5.3%9.3%19.4%27.0%8.4%-0.3%-18.0M146.5M-644.8K103.3639.73555,68514,641329,585
2020-05-27$21.39$22.0018.8%5.4%9.3%20.0%19.3%9.0%-0.5%-19.0M150.8M-653.9K11.8030.356172014,682335,020
2020-05-28$21.45$22.0018.7%5.4%8.8%19.9%18.9%8.5%-0.2%-18.6M147.8M-688.4K1456.0032.5522,91214,641335,438
2020-05-29$21.30$22.0019.0%5.4%9.2%20.2%19.4%12.3%-1.3%-19.1M152.7M-600.4K329.5059.37265914,643336,960