BKLN Options History — March 2021

In March 2021, BKLN traded between $22.11 and $22.26. ATM implied volatility averaged 6.9%, placing in the 4.0% IV rank vs the trailing year. The 30-day expected move averaged 1.9%. IV traded above realized volatility by 4.4% (HV 20d: 2.5%). Max pain ranged from $22.00 to $23.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 20.97.

Notable Days

  • 2021-03-19: Highest Volume — 11,643 contracts
  • 2021-03-08: Largest IV spike — 47.6% change
  • 2021-03-08: Highest IV Rank — 7.9%
  • 2021-03-02: Largest Expected Move — 2.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.18$22.11$22.26$22.26$22.12
Max Pain$22.13$22.00$23.00$23.00$22.00
ATM IV6.9%5.2%10.3%9.3%6.0%
Expected Move1.9%1.5%2.7%2.7%1.7%
HV 20d2.5%2.0%3.0%3.0%2.0%
HV 60d3.0%2.7%3.1%3.1%2.7%
IV Rank4.0%2.0%7.9%6.6%3.7%
IV Percentile20.0%1.6%60.7%51.2%7.9%
Term Structure0.7%-1.1%2.7%-1.1%-0.4%
VWIV6.5%5.2%7.8%7.2%6.0%
Skew 25d9.3%-2.3%19.6%14.8%0.5%
Skew 10d26.0%-2.5%55.5%55.5%1.7%
Call IV 25d7.9%5.4%10.9%7.2%6.2%
Put IV 25d17.2%5.8%28.1%22.0%6.7%
Bid-Ask Spread %61.9013.03122.7031.4715.81
Gamma HHI0.470.410.590.550.45
Net GEX-11.8M-17.3M-5.7M-8.8M-17.3M
Net DEX17.6M8.1M33.6M11.5M26.5M
Net VEX-259.6K-359.8K-199.9K-229.8K-309.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio20.970.00182.000.728.50
Total Volume1,080.826611,64316557
Total OI161,821.739155,691170,680155,691170,599

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-03-01$22.26$23.009.3%2.7%3.0%6.6%0.0%14.8%-1.1%-8.8M11.5M-229.8K0.7231.47966915,493140,198
2021-03-02$22.24$23.009.3%2.7%2.7%6.6%0.0%-1.3%-0.3%-9.1M10.4M-227.7K0.0032.676015,559140,236
2021-03-03$22.20$23.008.1%2.3%2.7%5.0%0.0%14.7%0.4%-8.6M10.8M-207.9K1.1818.709311015,572140,236
2021-03-04$22.16$22.008.3%2.1%2.7%5.3%7.2%18.4%1.1%-8.4M13.3M-209.1K16.02111.174775315,574140,311
2021-03-05$22.20$22.007.0%1.8%2.6%3.7%6.9%0.5%2.7%-8.6M10.7M-202.8K57.8090.07528915,601141,032
2021-03-08$22.16$22.0010.3%2.2%2.7%7.9%7.7%17.8%0.7%-7.7M14.0M-223.0K32.6081.331548915,617141,211
2021-03-09$22.19$22.007.4%2.1%2.7%4.2%7.4%19.0%0.2%-7.1M10.3M-202.3K12.88106.447495315,631141,623
2021-03-10$22.23$22.006.1%1.8%2.8%2.9%5.2%12.2%2.4%-12.0M15.6M-269.9K1.0779.9633035215,679142,087
2021-03-11$22.23$22.007.4%2.1%2.8%4.7%7.3%0.2%0.5%-12.8M15.4M-269.7K0.6771.9122915315,944142,350
2021-03-12$22.23$22.006.2%1.8%2.8%3.0%0.0%0.3%2.5%-12.9M15.5M-269.8K3.3697.26227416,079142,477
2021-03-15$22.23$22.006.1%1.7%2.7%2.8%0.0%9.0%2.4%-12.0M11.1M-225.1K31.5985.972269516,110142,477
2021-03-16$22.22$22.006.3%1.8%2.7%3.1%7.0%11.1%2.1%-5.7M8.1M-199.9K1.0088.2217817816,119142,482
2021-03-17$22.20$22.006.2%1.8%2.7%3.0%5.3%19.6%-0.6%-10.2M14.9M-243.3K45.08122.70502,25416,332142,753
2021-03-18$22.18$22.007.8%2.2%2.7%5.3%7.8%16.9%-0.2%-11.9M19.4M-268.5K2.8082.24257016,357144,989
2021-03-19$22.20$22.007.0%2.0%2.7%4.7%7.0%9.5%0.6%-11.7M15.1M-257.0K63.3381.4518111,46216,382145,038
2021-03-22$22.13$22.006.5%1.9%2.3%3.9%7.0%0.0%0.5%-14.3M25.2M-311.4K1.4866.1552076716,493150,585
2021-03-23$22.11$22.005.9%1.7%2.3%2.9%5.9%-2.2%-0.1%-13.8M23.4M-271.6K2.6820.1119351816,967150,921
2021-03-24$22.12$22.005.3%1.5%2.3%2.0%5.3%-2.3%0.8%-15.3M21.6M-281.9K5.6135.206938717,101151,371
2021-03-25$22.12$22.006.0%1.7%2.2%3.0%0.0%19.3%0.2%-12.7M22.6M-268.3K5.3532.044082,18217,170151,602
2021-03-26$22.14$22.005.2%1.5%2.2%2.0%5.2%0.4%0.9%-16.4M29.0M-359.8K182.0036.26118217,355153,325
2021-03-29$22.12$22.005.7%1.6%2.1%2.9%5.7%16.3%0.2%-17.0M33.6M-356.4K0.5723.511015817,216153,184
2021-03-30$22.11$22.006.0%1.7%2.1%3.4%6.0%18.9%-0.2%-17.0M27.5M-306.2K6.1013.032012217,266153,196
2021-03-31$22.12$22.006.0%1.7%2.0%3.7%6.0%0.5%-0.4%-17.3M26.5M-309.5K8.5015.8165117,286153,313