BKLN Options History — September 2023

In September 2023, BKLN traded between $20.95 and $21.26. ATM implied volatility averaged 6.1%, placing in the 1.8% IV rank vs the trailing year. The 30-day expected move averaged 1.9%. IV traded above realized volatility by 3.2% (HV 20d: 2.9%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 446.88.

Notable Days

2023-09-22: Highest Volume — 116,622 contracts
2023-09-21: Largest IV spike — 69.5% change
2023-09-12: Highest IV Rank — 7.3%
2023-09-06: Largest Expected Move — 6.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.10	$20.95	$21.26	$21.12	$20.98
Max Pain	$23.25	$20.00	$25.00	$20.00	$21.00
ATM IV	6.1%	3.8%	12.0%	6.6%	4.1%
Expected Move	1.9%	1.1%	6.5%	1.9%	1.2%
HV 20d	2.9%	2.6%	3.6%	2.6%	3.2%
HV 60d	3.1%	2.8%	3.3%	3.3%	3.0%
IV Rank	1.8%	0.0%	7.3%	2.1%	0.3%
IV Percentile	10.9%	0.0%	44.8%	13.1%	0.4%
Term Structure	2.6%	-11.4%	33.1%	1.5%	2.4%
VWIV	10.4%	3.6%	24.5%	10.3%	24.5%
Skew 25d	9.5%	-7.5%	36.3%	-7.5%	34.0%
Skew 10d	22.3%	-3.5%	57.0%	-3.5%	57.0%
Call IV 25d	7.4%	4.8%	14.8%	14.8%	6.0%
Put IV 25d	16.9%	6.1%	43.4%	7.3%	40.0%
Bid-Ask Spread %	59.37	20.33	125.51	31.11	33.25
Gamma HHI	0.61	0.37	0.99	0.50	0.72
Net GEX	-18.3M	-72.3M	18.2M	2.3M	-72.3M
Net DEX	24.9M	-62.4M	117.6M	-40.1M	113.8M
Net VEX	-231.0K	-509.9K	-30.6K	-149.4K	-497.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	446.88	0.64	4362.17	23.33	33.86
Total Volume	8,215.8	87	116,622	111	130
Total OI	132,134.65	60,323	236,977	121,069	236,977

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2023-09-01	$21.12	$20.00	6.6%	1.9%	2.6%	2.1%	0.0%	-7.5%	1.5%	2.3M	-40.1M	-149.4K	0.00	31.11	0	111	40,604	80,465
2023-09-05	$21.13	$24.00	5.6%	1.6%	2.6%	1.2%	0.0%	16.0%	0.4%	2.1M	-18.8M	-232.7K	23.33	111.72	9	210	40,584	80,527
2023-09-06	$21.11	$24.00	5.0%	6.5%	2.7%	0.7%	0.0%	28.9%	-11.4%	18.2M	-62.4M	-30.6K	1361.00	85.47	1	1,361	40,583	80,595
2023-09-07	$21.14	$24.00	6.8%	2.9%	2.6%	2.3%	10.3%	-0.0%	-4.9%	2.9M	-19.0M	-247.4K	0.64	84.38	1,000	637	40,584	80,659
2023-09-08	$21.16	$24.00	6.6%	1.8%	2.6%	2.2%	0.0%	8.4%	-2.4%	3.7M	-23.9M	-240.3K	68.40	93.78	10	684	41,583	80,980
2023-09-11	$21.18	$24.00	7.5%	1.2%	2.6%	3.1%	5.9%	16.2%	0.8%	7.1M	-47.0M	-162.2K	216.77	60.08	13	2,818	41,583	81,059
2023-09-12	$21.20	$24.00	12.0%	1.4%	2.6%	7.3%	0.0%	18.4%	1.3%	-7.0M	3.6M	-174.0K	1.26	90.87	272	342	16,587	83,206
2023-09-13	$21.23	$25.00	6.5%	1.8%	2.6%	2.0%	8.3%	19.6%	-0.9%	-6.3M	6.1M	-194.1K	0.00	125.51	0	87	16,751	83,429
2023-09-14	$21.24	$25.00	4.8%	1.4%	2.6%	0.4%	16.6%	8.9%	33.1%	-11.0M	-16.9M	-35.4K	8.77	95.66	162	1,421	16,739	83,485
2023-09-15	$21.26	$25.00	5.5%	1.6%	2.6%	1.1%	0.0%	3.9%	32.7%	-6.4M	5.8M	-199.4K	0.00	76.48	0	850	16,901	84,692
2023-09-18	$21.12	$25.00	5.4%	1.5%	3.6%	1.0%	7.7%	0.2%	0.1%	-11.9M	27.1M	-101.1K	367.50	22.52	2	735	1,984	58,339
2023-09-19	$21.11	$24.00	5.5%	1.6%	2.9%	1.1%	5.4%	-0.1%	0.9%	-11.8M	24.9M	-69.5K	3.49	20.33	49	171	1,986	59,053
2023-09-20	$21.12	$24.00	3.8%	1.1%	2.9%	0.0%	3.6%	5.0%	0.7%	-13.5M	28.4M	-103.9K	0.00	37.33	0	8,697	2,035	59,225
2023-09-21	$21.05	$24.00	6.5%	1.9%	3.2%	2.5%	7.0%	1.4%	-3.1%	-15.6M	41.6M	-150.7K	4362.17	38.05	6	26,173	2,035	67,913
2023-09-22	$21.02	$24.00	5.1%	1.5%	3.2%	1.2%	5.2%	-1.0%	-1.5%	-22.9M	64.5M	-241.3K	10.65	37.99	10,007	106,615	2,041	94,143
2023-09-25	$21.02	$21.00	6.3%	1.8%	3.2%	2.3%	6.4%	1.7%	1.5%	-47.8M	69.2M	-320.7K	99.00	28.50	1	99	22,048	200,726
2023-09-26	$20.96	$21.00	6.6%	1.9%	3.3%	2.6%	22.7%	0.6%	-1.4%	-54.1M	114.7M	-509.9K	135.00	48.82	1	135	22,049	210,788
2023-09-27	$20.95	$21.00	5.4%	1.5%	3.2%	1.5%	15.9%	-0.4%	-0.4%	-60.7M	108.2M	-458.7K	11.38	38.91	102	1,161	22,050	210,918
2023-09-28	$20.98	$21.00	5.7%	1.6%	3.2%	1.8%	5.7%	36.3%	2.2%	-59.9M	117.6M	-502.5K	33.86	26.64	7	237	22,163	214,624
2023-09-29	$20.98	$21.00	4.1%	1.2%	3.2%	0.3%	24.5%	34.0%	2.4%	-72.3M	113.8M	-497.3K	0.00	33.25	0	130	22,170	214,807