BKLN Options History — January 2025

In January 2025, BKLN traded between $21.04 and $21.14. ATM implied volatility averaged 10.1%, placing in the 15.6% IV rank vs the trailing year. The 30-day expected move averaged 1.8%. IV traded above realized volatility by 7.7% (HV 20d: 2.3%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 8.86.

Notable Days

2025-01-28: Highest Volume — 695 contracts
2025-01-08: Largest IV spike — 146.0% change
2025-01-14: Highest IV Rank — 57.5%
2025-01-17: Largest Expected Move — 3.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.08	$21.04	$21.14	$21.06	$21.05
Max Pain	$21.00	$21.00	$21.00	$21.00	$21.00
ATM IV	10.1%	2.7%	31.9%	6.2%	3.4%
Expected Move	1.8%	0.8%	3.6%	1.8%	1.0%
HV 20d	2.3%	1.9%	2.8%	2.3%	1.9%
HV 60d	2.3%	1.9%	2.5%	2.5%	2.1%
IV Rank	15.6%	1.5%	57.5%	8.1%	2.8%
IV Percentile	48.4%	2.0%	99.6%	57.5%	5.2%
Term Structure	3.5%	-17.3%	33.4%	-6.6%	-0.1%
VWIV	6.2%	2.7%	18.1%	18.1%	3.8%
Skew 25d	3.6%	-41.5%	36.3%	-2.6%	4.6%
Skew 10d	12.4%	-15.9%	73.3%	1.4%	13.2%
Call IV 25d	10.2%	3.5%	50.2%	8.7%	4.6%
Put IV 25d	13.8%	5.5%	50.9%	6.1%	9.2%
Bid-Ask Spread %	134.84	123.50	149.47	133.73	126.41
Gamma HHI	0.55	0.40	0.87	0.53	0.45
Net GEX	-802.0K	-1.8M	-241.6K	-817.4K	-241.6K
Net DEX	4.4M	2.6M	6.2M	4.6M	4.0M
Net VEX	-33.1K	-54.0K	-7.1K	-26.4K	-38.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	8.86	0.00	84.50	84.50	0.20
Total Volume	195.1	4	695	171	36
Total OI	13,351.25	11,545	14,543	14,117	12,449

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
2025-01-02	$21.06	$21.00	6.2%	1.8%	2.3%	8.1%	0.0%	-2.6%	-6.6%	-817.4K	4.6M	-26.4K	84.50	133.73	2	169	1,733	12,384
2025-01-03	$21.10	$21.00	12.1%	3.5%	2.4%	19.4%	18.1%	-1.6%	-17.3%	-1.1M	2.8M	-14.6K	1.30	134.57	33	43	1,731	12,519
2025-01-06	$21.11	$21.00	15.6%	2.5%	2.4%	26.2%	0.0%	-0.3%	12.2%	-980.2K	4.2M	-24.9K	13.00	142.67	1	13	1,731	12,515
2025-01-07	$21.11	$21.00	8.9%	2.7%	2.4%	13.4%	0.0%	5.6%	33.4%	-994.5K	4.4M	-25.6K	0.00	141.45	0	30	1,731	12,528
2025-01-08	$21.12	$21.00	22.0%	2.3%	2.4%	38.5%	0.0%	-6.1%	12.0%	-1.0M	4.2M	-22.5K	0.02	149.47	53	1	1,731	12,538
2025-01-10	$21.11	$21.00	19.4%	2.5%	2.4%	33.5%	8.8%	-9.4%	-2.3%	-959.8K	4.0M	-23.2K	9.50	147.25	6	57	1,775	12,539
2025-01-13	$21.09	$21.00	29.9%	1.8%	2.4%	53.8%	6.2%	36.3%	-1.5%	-788.4K	5.4M	-50.6K	13.75	140.36	4	55	1,773	12,568
2025-01-14	$21.09	$21.00	31.9%	2.1%	2.4%	57.5%	7.3%	22.5%	6.4%	-1.1M	2.6M	-7.1K	21.33	134.91	3	64	1,772	12,615
2025-01-15	$21.13	$21.00	3.3%	0.9%	2.5%	2.5%	0.0%	28.1%	12.6%	-633.6K	6.2M	-54.0K	0.00	141.16	4	0	1,770	12,677
2025-01-16	$21.14	$21.00	7.0%	2.0%	2.5%	9.6%	0.0%	6.1%	1.6%	-1.2M	3.2M	-16.6K	0.00	134.49	100	0	1,766	12,677
2025-01-17	$21.13	$21.00	12.4%	3.6%	2.5%	20.1%	0.0%	7.9%	-0.6%	-1.8M	3.0M	-16.7K	3.31	145.10	16	53	1,866	12,677
2025-01-21	$21.04	$21.00	3.8%	1.1%	2.8%	3.6%	4.1%	1.2%	5.2%	-735.4K	5.3M	-38.9K	5.25	126.16	16	84	1,384	10,161
2025-01-22	$21.05	$21.00	4.4%	1.3%	2.8%	4.7%	5.3%	2.9%	3.8%	-712.8K	6.0M	-45.9K	0.00	134.50	537	0	1,384	10,197
2025-01-23	$21.05	$21.00	5.0%	1.4%	2.8%	5.9%	5.3%	1.2%	-0.6%	-543.3K	4.9M	-41.1K	0.19	128.05	536	100	1,770	10,197
2025-01-24	$21.06	$21.00	2.7%	0.8%	2.0%	1.5%	2.7%	2.7%	0.6%	-351.1K	4.5M	-41.7K	0.15	125.37	136	20	2,016	10,206
2025-01-27	$21.05	$21.00	3.1%	0.9%	2.0%	2.2%	3.3%	11.9%	3.4%	-517.4K	4.5M	-37.9K	9.97	135.06	61	608	1,881	10,198
2025-01-28	$21.05	$21.00	3.5%	1.0%	2.0%	3.0%	0.0%	0.9%	2.8%	-347.7K	4.3M	-40.5K	5.95	123.50	100	595	1,881	10,748
2025-01-29	$21.05	$21.00	3.0%	0.9%	2.0%	2.1%	3.4%	-41.5%	5.3%	-446.9K	5.3M	-49.8K	0.00	126.72	306	1	1,981	10,448
2025-01-30	$21.05	$21.00	4.3%	1.2%	2.0%	4.5%	5.7%	1.9%	-0.1%	-682.9K	4.1M	-45.7K	0.00	125.84	59	0	2,059	10,449
2025-01-31	$21.05	$21.00	3.4%	1.0%	1.9%	2.8%	3.8%	4.6%	-0.1%	-241.6K	4.0M	-38.3K	0.20	126.41	30	6	2,000	10,449