BKLN Options History — November 2020

In November 2020, BKLN traded between $21.55 and $22.07. ATM implied volatility averaged 6.9%, placing in the 5.1% IV rank vs the trailing year. The 30-day expected move averaged 2.0%. IV traded above realized volatility by 1.5% (HV 20d: 5.3%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 250.00.

Notable Days

  • 2020-11-18: Highest Volume — 41,007 contracts
  • 2020-11-09: Largest IV spike — 45.0% change
  • 2020-11-03: Highest IV Rank — 7.5%
  • 2020-11-03: Largest Expected Move — 2.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.92$21.55$22.07$21.55$21.98
Max Pain$22.00$22.00$22.00$22.00$22.00
ATM IV6.9%4.1%8.8%8.0%7.2%
Expected Move2.0%1.6%2.5%2.3%2.1%
HV 20d5.3%3.9%6.1%3.9%5.2%
HV 60d5.0%4.5%5.2%4.5%5.0%
IV Rank5.1%1.6%7.5%6.5%5.4%
IV Percentile27.1%6.7%45.2%38.5%29.4%
Term Structure-0.2%-3.4%1.0%-1.3%-0.1%
VWIV8.7%6.1%15.9%14.0%7.2%
Skew 25d20.6%0.1%35.2%3.4%0.4%
Skew 10d30.3%0.1%53.4%3.3%0.7%
Call IV 25d7.2%6.2%9.7%9.7%7.3%
Put IV 25d27.8%6.8%41.6%13.1%7.7%
Bid-Ask Spread %69.2716.15117.8627.34106.91
Gamma HHI0.430.320.530.380.40
Net GEX-4.1M-10.6M1.6M-10.6M-4.2M
Net DEX5.2M-4.7M29.2M29.2M-533.9K
Net VEX-132.9K-275.1K-59.9K-275.1K-102.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio250.000.571463.541360.0056.00
Total Volume6,081.751741,00723,13757
Total OI239,534.2199,299260,596199,299249,924

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-11-02$21.55$22.008.0%2.3%3.9%6.5%14.0%3.4%-1.3%-10.6M29.2M-275.1K1360.0027.341723,12011,720187,579
2020-11-03$21.63$22.008.8%2.5%4.1%7.5%15.9%6.6%-3.4%-6.9M18.9M-182.6K247.4759.37153,71211,720187,579
2020-11-04$21.70$22.007.0%2.0%4.2%5.2%0.0%4.0%-1.6%-8.8M14.7M-164.9K1242.7292.791822,36912,214213,712
2020-11-05$21.77$22.005.8%1.6%4.4%3.7%0.0%33.2%0.7%-5.9M6.3M-115.4K55.6077.73527812,224224,627
2020-11-06$21.80$22.004.1%1.8%4.4%1.6%6.3%25.6%0.4%-2.5M5.8M-137.0K55.72110.3720711,53512,229224,693
2020-11-09$22.07$22.006.0%1.9%6.1%3.9%6.8%1.9%1.0%-4.0M1.2M-101.4K4.14117.863715312,211227,212
2020-11-10$22.01$22.007.0%1.9%5.9%5.2%0.0%22.5%-0.1%1.6M-4.7M-59.9K4.05108.15208112,217227,254
2020-11-11$22.02$22.006.5%1.9%5.9%4.7%11.7%23.4%0.2%1.4M-4.1M-74.6K0.5791.68543112,222227,316
2020-11-12$21.95$22.006.9%2.0%6.0%5.1%0.0%26.7%0.1%973.7K-568.3K-90.0K37.45105.811141212,244227,325
2020-11-13$21.97$22.006.8%2.0%6.0%5.0%0.0%31.0%0.0%-1.5M-653.4K-90.4K101.8084.77101,01812,254227,584
2020-11-16$21.98$22.007.3%2.1%5.9%5.6%7.3%31.7%-0.1%-3.7M6.0M-161.0K81.3342.29665,36812,264228,429
2020-11-17$21.95$22.007.3%2.1%5.9%5.6%0.0%33.4%0.1%-6.8M8.3M-180.1K26.2141.28611,59912,264233,722
2020-11-18$21.96$22.006.2%1.8%5.8%4.2%6.1%35.2%0.7%-2.7M13.6M-191.2K1463.5446.372840,97912,273235,247
2020-11-19$21.97$22.007.7%2.2%5.8%6.1%0.0%33.3%-1.2%-4.1M4.7M-137.7K51.25104.80683,48512,274248,000
2020-11-20$21.97$22.007.1%2.0%5.8%5.3%0.0%33.9%-0.4%-7.5M7.4M-172.9K5.8375.04127012,265248,331
2020-11-23$21.97$22.007.0%2.0%5.5%5.3%7.1%0.8%0.4%-5.7M3.7M-145.5K22.6121.062074,68111,941232,935
2020-11-24$22.01$22.007.1%2.0%5.5%5.3%7.1%32.8%-0.2%-2.5M-3.6M-69.0K1.9734.126613011,964236,147
2020-11-25$22.04$22.006.9%2.0%5.1%5.1%0.0%31.6%0.0%-4.2M2.4M-139.5K0.7021.4410712,019236,261
2020-11-27$22.05$22.006.8%1.9%5.1%5.0%6.8%0.1%0.4%-4.7M-3.8M-67.5K181.0016.1591,62912,021236,267
2020-11-30$21.98$22.007.2%2.1%5.2%5.4%7.2%0.4%-0.1%-4.2M-533.9K-102.8K56.00106.9115612,028237,896