BKLN Options History — September 2020

In September 2020, BKLN traded between $21.62 and $22.06. ATM implied volatility averaged 9.7%, placing in the 8.6% IV rank vs the trailing year. The 30-day expected move averaged 2.9%. IV traded above realized volatility by 5.1% (HV 20d: 4.6%). Max pain ranged from $21.00 to $22.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 216.03.

Notable Days

  • 2020-09-22: Highest Volume — 16,916 contracts
  • 2020-09-09: Largest IV spike — 50.8% change
  • 2020-09-23: Highest IV Rank — 10.8%
  • 2020-09-23: Largest Expected Move — 3.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.88$21.62$22.06$21.95$21.77
Max Pain$21.90$21.00$22.00$21.00$22.00
ATM IV9.7%6.5%11.5%6.6%9.5%
Expected Move2.9%1.9%3.3%1.9%2.7%
HV 20d4.6%3.3%6.0%3.4%6.0%
HV 60d5.4%4.7%7.4%7.4%4.7%
IV Rank8.6%4.6%10.8%4.7%8.3%
IV Percentile50.8%27.0%58.7%27.8%48.4%
Term Structure2.7%0.4%5.0%3.3%2.2%
VWIV10.8%8.5%12.8%8.5%12.0%
Skew 25d14.2%1.2%64.9%40.8%5.3%
Skew 10d24.7%2.4%104.6%58.1%6.9%
Call IV 25d9.3%7.7%12.0%7.7%9.6%
Put IV 25d23.6%10.3%73.1%48.6%14.9%
Bid-Ask Spread %72.3912.12111.1472.1566.52
Gamma HHI0.350.270.450.320.37
Net GEX-3.3M-7.5M3.6M-2.1M-7.3M
Net DEX11.5M-8.9M37.1M2.8M30.3M
Net VEX-221.3K-308.8K-150.0K-198.6K-267.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio216.030.012010.00446.3320.70
Total Volume4,113.57113716,9161374,406
Total OI204,302.571155,067241,976209,354179,817

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-09-01$21.95$21.006.6%1.9%3.4%4.7%0.0%40.8%3.3%-2.1M2.8M-198.6K0.0072.15013718,656190,698
2020-09-02$21.96$21.008.4%2.4%3.3%7.0%8.5%43.5%1.4%-2.6M2.6M-205.3K446.3380.2831,33918,656190,806
2020-09-03$21.85$22.008.9%2.8%3.8%7.7%11.4%5.4%4.6%-2.4M3.7M-192.1K460.5397.75198,75018,656191,361
2020-09-04$21.81$22.006.5%2.8%3.8%4.6%10.2%5.2%4.5%-3.4M6.5M-207.1K14.3099.455071518,671199,822
2020-09-08$21.81$22.007.2%2.7%3.4%5.5%10.9%4.2%5.0%-3.9M12.5M-229.2K201.5885.06193,83019,705200,389
2020-09-09$21.97$22.0010.9%3.1%4.3%10.1%10.9%1.2%3.6%-1.4M142.1K-196.1K4.4799.921,1114,96219,723202,292
2020-09-10$21.94$22.0010.7%3.1%4.1%9.9%11.3%4.3%4.1%-1.6M6.0M-212.5K12.6365.431191,50320,799206,974
2020-09-11$21.96$22.0011.2%3.2%4.1%10.5%11.2%6.2%0.4%-1.4M-5.3M-150.0K195.2495.68254,88120,834208,093
2020-09-14$22.05$22.0010.2%2.9%4.3%9.3%10.3%5.1%1.2%141.7K-8.5M-154.6K37.8675.86772,91520,824213,018
2020-09-15$22.05$22.0010.9%3.1%4.2%10.2%10.9%5.2%1.4%-1.6M-6.3M-177.8K29.8286.77561,67020,773215,740
2020-09-16$22.06$22.009.9%2.8%4.1%8.8%9.9%64.9%3.3%198.5K-2.3M-203.6K0.0176.5011,2666020,804217,362
2020-09-17$22.05$22.009.9%2.9%4.0%8.9%10.0%63.4%1.9%1.1M-8.9M-215.5K198.7190.88214,17325,898216,078
2020-09-18$22.01$22.008.8%2.5%4.1%7.5%8.8%3.7%3.3%3.6M7.4M-193.5K309.20111.1451,54614,708220,189
2020-09-21$21.82$22.0011.2%3.2%5.2%10.5%11.1%4.8%1.8%-5.2M21.6M-251.8K11.5432.127181911,988143,079
2020-09-22$21.85$22.0011.0%3.2%5.2%10.3%11.2%4.8%2.1%-5.2M18.5M-225.0K148.7064.3311316,80311,978143,792
2020-09-23$21.72$22.0011.5%3.3%5.6%10.8%11.4%5.4%0.9%-7.2M25.8M-234.6K41.6657.251456,04012,269155,280
2020-09-24$21.70$22.0011.5%3.3%5.6%10.8%12.8%6.9%1.7%-7.5M28.2M-251.8K2010.0075.1812,01012,333160,372
2020-09-25$21.62$22.009.5%2.7%5.7%8.3%11.2%6.7%4.6%-7.1M36.0M-308.8K18.3712.12781,43312,335162,081
2020-09-28$21.73$22.009.7%2.8%5.9%8.6%11.3%5.8%2.8%-7.2M33.5M-271.3K96.6612.45323,09312,335163,047
2020-09-29$21.70$22.009.7%2.8%6.0%8.6%12.0%5.9%3.5%-7.3M37.1M-300.0K62.3063.26332,05612,331165,788
2020-09-30$21.77$22.009.5%2.7%6.0%8.3%0.0%5.3%2.2%-7.3M30.3M-267.5K20.7066.522034,20312,323167,494