BKLN Options History — January 2026

In January 2026, BKLN traded between $20.70 and $21.05. ATM implied volatility averaged 9.1%, placing in the 19.0% IV rank vs the trailing year. The 30-day expected move averaged 3.3%. IV traded above realized volatility by 6.7% (HV 20d: 2.3%). Max pain ranged from $20.00 to $21.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 12.28.

Notable Days

  • 2026-01-12: Highest Volume — 1,367 contracts
  • 2026-01-20: Largest IV spike — 581.3% change
  • 2026-01-20: Highest IV Rank — 94.6%
  • 2026-01-20: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.94$20.70$21.05$21.01$20.70
Max Pain$20.75$20.00$21.00$21.00$20.00
ATM IV9.1%3.6%36.0%3.7%7.5%
Expected Move3.3%1.1%10.3%1.1%2.2%
HV 20d2.3%1.6%3.2%1.8%3.1%
HV 60d2.1%1.6%2.3%2.2%2.3%
IV Rank19.0%3.8%94.6%3.9%14.7%
IV Percentile46.9%6.7%98.8%6.7%50.4%
Term Structure-3.9%-31.6%25.1%2.4%4.0%
VWIV20.6%6.6%50.8%6.6%18.5%
Skew 25d-5.6%-27.6%46.2%17.5%-0.7%
Skew 10d-2.8%-39.3%90.0%47.2%-16.9%
Call IV 25d20.9%8.6%49.8%30.2%9.6%
Put IV 25d15.3%6.8%67.9%47.7%8.9%
Bid-Ask Spread %128.59111.46138.17136.47111.46
Gamma HHI0.540.440.710.480.62
Net GEX-515.4K-949.9K-308.2K-527.5K-400.9K
Net DEX3.3M1.2M5.1M1.9M5.1M
Net VEX-16.7K-24.6K-9.7K-14.0K-18.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio12.280.00101.502.003.92
Total Volume261.601,36718831
Total OI14,356.857,55221,04918,9408,037

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-01-02$21.01$21.003.7%1.1%1.8%3.9%6.6%17.5%2.4%-527.5K1.9M-14.0K2.00136.476122,33716,603
2026-01-05$21.02$21.005.1%1.2%1.7%7.8%0.0%-6.2%0.2%-518.1K2.2M-13.0K5.41129.76221192,33716,609
2026-01-06$21.02$21.006.2%2.8%1.7%11.1%0.0%-5.5%-9.5%-495.4K1.6M-10.8K0.00121.060382,33716,564
2026-01-07$21.04$21.003.6%2.5%1.7%3.8%0.0%-9.6%-10.1%-655.7K1.2M-10.4K35.00129.862702,33716,578
2026-01-08$21.02$21.005.5%3.1%1.7%9.1%33.5%-8.8%-7.4%-632.2K1.9M-14.4K5.25128.254212,33516,637
2026-01-09$21.05$21.004.1%6.3%1.7%5.1%50.8%-10.8%-31.6%-564.8K1.2M-9.7K2.95131.612597632,33916,658
2026-01-12$21.05$21.005.5%3.3%1.7%9.0%16.7%46.2%-8.9%-640.7K2.2M-14.4K30.07135.95441,3232,44917,208
2026-01-13$21.05$21.006.4%4.5%1.7%11.4%0.0%-13.5%1.5%-649.0K3.7M-21.7K0.00132.71302,49318,338
2026-01-14$21.04$21.009.4%2.7%1.7%19.9%0.0%-15.2%-11.2%-427.2K3.1M-17.2K1.21132.6238462,49518,338
2026-01-15$21.04$21.0010.9%3.1%1.7%24.3%0.0%-7.2%25.1%-930.2K3.2M-21.1K101.50124.8622032,53318,380
2026-01-16$21.05$21.005.3%1.5%1.6%8.4%0.0%-5.6%6.6%-949.9K3.5M-14.3K0.03134.4619452,53118,518
2026-01-20$20.89$21.0036.0%10.3%3.2%94.6%0.0%-18.8%-9.6%-326.3K4.2M-22.7K0.00138.17001,5076,045
2026-01-21$20.88$21.006.2%1.8%3.2%10.9%16.8%-6.6%-3.9%-394.7K4.6M-14.4K0.84130.4956471,5076,045
2026-01-22$20.89$21.007.4%2.1%3.0%14.2%27.8%-7.2%-3.9%-435.9K4.5M-13.9K0.00131.0601081,5636,092
2026-01-23$20.88$21.0016.2%4.6%3.0%38.9%17.1%-14.2%-4.5%-340.6K3.8M-18.2K0.00124.4901601,5636,192
2026-01-26$20.84$20.007.3%2.1%3.0%14.1%8.5%-5.8%6.2%-329.2K4.6M-24.6K1.66126.45981631,5636,242
2026-01-27$20.84$20.007.5%2.1%3.0%14.5%0.0%3.2%-1.7%-394.1K4.8M-19.3K0.00127.933701,5646,322
2026-01-28$20.80$20.0013.6%3.9%3.0%31.7%9.4%-15.8%-15.9%-308.2K4.3M-19.8K5.65119.36402261,6016,322
2026-01-29$20.76$20.0013.8%4.0%3.0%32.4%18.5%-27.6%-6.5%-388.0K4.4M-21.3K0.95124.731501421,6416,377
2026-01-30$20.70$20.007.5%2.2%3.1%14.7%0.0%-0.7%4.0%-400.9K5.1M-18.5K3.92111.461696621,5796,458