BKLN Options History — March 2025

In March 2025, BKLN traded between $20.71 and $20.91. ATM implied volatility averaged 10.6%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 8.3% (HV 20d: 2.3%). Max pain ranged from $20.00 to $21.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 173.30.

Notable Days

  • 2025-03-13: Highest Volume — 112,222 contracts
  • 2025-03-05: Largest IV spike — 188.0% change
  • 2025-03-05: Highest IV Rank — 59.5%
  • 2025-03-05: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.82$20.71$20.91$20.91$20.71
Max Pain$20.95$20.00$21.00$21.00$21.00
ATM IV10.6%3.2%32.9%11.4%9.7%
Expected Move3.5%1.4%9.4%3.3%4.0%
HV 20d2.3%2.1%2.6%2.2%2.1%
HV 60d2.2%2.1%2.3%2.1%2.1%
IV Rank16.7%2.4%59.5%18.2%14.8%
IV Percentile68.2%4.4%99.6%78.2%71.8%
Term Structure2.2%-10.4%21.7%4.5%2.4%
VWIV11.5%6.0%26.0%6.0%7.5%
Skew 25d7.8%1.4%16.8%16.8%13.5%
Skew 10d17.4%-0.1%52.1%17.4%18.0%
Call IV 25d5.9%2.5%10.3%5.7%4.4%
Put IV 25d13.7%6.5%22.5%22.5%17.9%
Bid-Ask Spread %128.38112.96151.94128.06125.33
Gamma HHI0.550.430.680.430.57
Net GEX-7.8M-14.0M-537.9K-537.9K-13.7M
Net DEX30.8M4.0M55.4M4.0M48.0M
Net VEX-105.7K-207.7K-19.1K-19.2K-131.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio173.300.461364.500.4615.02
Total Volume7,642.85746112,22214621,240
Total OI89,725.47611,772143,92411,772143,837

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-03-03$20.91$21.0011.4%3.3%2.2%18.2%0.0%16.8%4.5%-537.9K4.0M-19.2K0.46128.06100461,54310,229
2025-03-04$20.87$21.0011.4%3.3%2.3%18.2%0.0%3.2%-10.4%-627.9K5.5M-39.0K30.25118.63206051,64310,247
2025-03-05$20.91$21.0032.9%9.4%2.3%59.5%0.0%10.5%4.5%-1.1M4.5M-19.1K0.00133.200581,66310,771
2025-03-06$20.88$21.0012.5%3.6%2.4%20.2%0.0%3.9%-5.4%-955.6K6.4M-35.9K0.00121.5905601,66310,790
2025-03-07$20.89$21.008.5%2.4%2.4%12.5%0.0%9.4%-1.1%-658.4K4.7M-21.0K1364.50124.3245,4581,66311,250
2025-03-10$20.86$21.005.6%1.6%2.4%7.0%6.0%2.5%-7.4%-1.9M12.4M-62.3K9.03126.56403611,66716,654
2025-03-11$20.86$21.0012.0%1.4%2.4%19.3%6.3%2.2%-1.5%-2.3M13.3M-48.7K124.42115.8311013,6861,66816,977
2025-03-12$20.84$21.005.1%3.1%2.4%6.0%0.0%1.4%6.5%-4.3M22.8M-71.5K221.00128.7612211,77630,287
2025-03-13$20.79$21.0010.4%5.0%2.5%16.4%13.1%9.9%-1.5%-3.8M20.9M-90.7K0.00128.740112,2221,77730,451
2025-03-14$20.80$21.0011.4%5.7%2.4%18.2%26.0%4.1%20.8%-14.0M43.3M-156.5K0.00118.3001,1421,777141,002
2025-03-17$20.81$0.0011.3%2.8%2.4%18.0%10.2%8.1%-0.8%-12.0M51.2M-184.7K0.00151.940461,777142,049
2025-03-18$20.79$20.0012.2%2.9%2.4%19.6%7.5%10.6%6.7%-11.8M55.4M-207.7K40.20135.74104021,777142,055
2025-03-19$20.82$21.0015.0%6.3%2.5%25.0%0.0%6.0%21.7%-12.0M51.9M-175.1K15.83151.06121901,787142,137
2025-03-20$20.84$21.0014.3%2.9%2.5%23.8%0.0%8.4%-3.6%-12.3M49.1M-180.5K0.00131.210521,788141,993
2025-03-21$20.84$21.008.6%1.5%2.6%12.8%0.0%8.3%0.3%-12.7M47.9M-169.9K0.00112.9604481,708142,024
2025-03-24$20.77$21.005.1%1.7%2.1%6.1%0.0%6.3%2.0%-8.5M28.9M-65.2K17.60130.92101761,582141,467
2025-03-25$20.77$21.003.2%2.0%2.1%2.4%0.0%7.9%2.0%-12.0M42.4M-124.7K0.00120.5408411,592141,536
2025-03-26$20.77$21.008.4%6.0%2.1%12.4%0.0%10.5%2.4%-12.9M48.1M-165.4K0.00136.3501,6491,592141,403
2025-03-27$20.77$21.005.0%2.0%2.1%5.9%0.0%8.9%2.4%-13.0M43.0M-128.2K68.00130.761681,592141,723
2025-03-28$20.73$21.009.0%1.8%2.2%13.6%0.0%10.8%2.4%-12.6M43.3M-122.7K15.02125.11456761,592141,726
2025-03-31$20.71$21.009.7%4.0%2.1%14.8%0.0%13.5%2.4%-13.7M48.0M-131.2K0.00125.33021,2401,637142,200