BANX Options History — September 2025

In September 2025, BANX traded between $20.57 and $22.88. ATM implied volatility averaged 64.1%, placing in the 19.8% IV rank vs the trailing year. The 30-day expected move averaged 16.6%. IV traded above realized volatility by 47.4% (HV 20d: 16.7%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.14.

Notable Days

2025-09-17: Highest Volume — 41 contracts
2025-09-03: Largest IV spike — 230.4% change
2025-09-03: Highest IV Rank — 35.5%
2025-09-03: Largest Expected Move — 28.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.61	$20.57	$22.88	$20.57	$21.97
Max Pain	$20.24	$20.00	$22.50	$22.50	$20.00
ATM IV	64.1%	26.6%	98.8%	29.9%	81.3%
Expected Move	16.6%	6.8%	28.3%	8.6%	23.3%
HV 20d	16.7%	8.4%	28.5%	8.4%	28.5%
HV 60d	13.9%	11.6%	18.6%	11.6%	18.6%
IV Rank	19.8%	2.8%	35.5%	4.3%	27.6%
IV Percentile	44.7%	4.0%	86.1%	6.3%	65.9%
Term Structure	1.6%	-102.4%	34.5%	-19.8%	12.8%
VWIV	45.2%	34.2%	70.7%	34.8%	34.2%
Skew 25d	-25.4%	-117.1%	47.5%	-33.5%	-117.1%
Skew 10d	-55.0%	-117.2%	6.7%	-6.9%	-117.2%
Call IV 25d	94.9%	28.5%	164.1%	91.1%	164.1%
Put IV 25d	69.5%	36.3%	107.0%	57.6%	47.0%
Bid-Ask Spread %	143.75	127.45	151.95	147.43	150.33
Gamma HHI	0.61	0.36	0.95	0.36	0.80
Net GEX	1.1K	-328	3.0K	-133	3.0K
Net DEX	-46.6K	-126.7K	-5.7K	-5.7K	-97.0K
Net VEX	-294	-549	-120	-137	-549
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.14	0.00	1.00	1.00	0.00
Total Volume	3.476	0	41	1	0
Total OI	75.048	49	119	49	119

Daily Data (21 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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-09-02	$20.57	$22.50	29.9%	8.6%	8.4%	4.3%	34.8%	-33.5%	-19.8%	-133	-5.7K	-137	0.00	147.43	N/A	N/A	0	1	23	26
2025-09-03	$20.93	$22.50	98.8%	28.3%	10.4%	35.5%	0.0%	40.9%	-102.4%	-174	-7.8K	-139	0.00	145.72	N/A	N/A	0	0	23	27
2025-09-04	$21.04	$20.00	43.3%	13.3%	10.5%	10.4%	0.0%	-19.5%	23.5%	-195	-8.9K	-138	0.00	149.96	N/A	N/A	0	2	23	27
2025-09-05	$21.11	$20.00	78.0%	6.8%	10.5%	26.1%	0.0%	-32.7%	28.3%	-328	-9.2K	-130	1.00	149.15	N/A	N/A	1	1	23	29
2025-09-08	$21.24	$20.00	95.7%	14.8%	10.5%	34.1%	0.0%	-7.3%	27.6%	-261	-9.8K	-142	0.00	146.67	N/A	N/A	0	0	24	30
2025-09-09	$21.28	$20.00	81.3%	14.2%	10.5%	27.6%	0.0%	9.0%	11.6%	28	-18.7K	-129	0.00	151.95	N/A	N/A	1	0	24	25
2025-09-10	$21.25	$20.00	35.3%	10.1%	10.6%	6.7%	0.0%	2.6%	-3.6%	28	-18.5K	-127	0.00	135.79	N/A	N/A	0	0	24	25
2025-09-11	$21.33	$20.00	51.0%	14.6%	10.5%	13.9%	0.0%	-24.4%	30.6%	26	-16.5K	-132	0.00	139.08	N/A	N/A	0	0	24	25
2025-09-12	$21.36	$20.00	46.9%	13.5%	10.5%	12.0%	0.0%	47.5%	8.8%	32	-17.6K	-130	0.00	128.97	N/A	N/A	0	0	24	25
2025-09-15	$21.87	$20.00	51.6%	14.8%	12.9%	14.2%	0.0%	-32.1%	24.0%	36	-20.3K	-124	0.00	144.31	N/A	N/A	0	0	24	25
2025-09-16	$22.32	$20.00	81.4%	23.3%	14.3%	27.6%	0.0%	-26.6%	-24.9%	283	-23.6K	-120	0.00	144.25	N/A	N/A	6	0	24	25
2025-09-17	$22.10	$20.00	67.0%	19.2%	14.7%	21.1%	0.0%	-33.7%	-22.0%	286	-27.7K	-159	0.00	149.55	N/A	N/A	41	0	30	25
2025-09-18	$22.19	$20.00	87.9%	25.2%	14.2%	30.6%	0.0%	-52.7%	-48.0%	1.8K	-77.9K	-437	0.00	139.04	N/A	N/A	0	0	71	25
2025-09-19	$22.88	$20.00	26.6%	7.6%	17.2%	2.8%	70.7%	46.4%	18.7%	2.9K	-126.7K	-492	0.00	127.45	N/A	N/A	7	0	86	25
2025-09-22	$22.01	$20.00	32.5%	9.3%	23.0%	5.5%	41.0%	1.8%	22.1%	2.6K	-100.9K	-479	0.00	135.64	N/A	N/A	0	1	81	26
2025-09-23	$21.38	$20.00	90.6%	26.0%	25.6%	31.8%	0.0%	-74.9%	-21.9%	2.6K	-67.9K	-523	0.00	142.00	N/A	N/A	0	0	81	26
2025-09-24	$21.88	$20.00	41.9%	12.0%	26.5%	9.7%	0.0%	5.1%	12.0%	2.4K	-87.2K	-512	0.00	139.55	N/A	N/A	0	0	81	26
2025-09-25	$21.75	$20.00	68.2%	19.6%	26.6%	21.6%	0.0%	-51.8%	33.4%	2.5K	-77.6K	-523	0.00	150.31	N/A	N/A	0	0	81	26
2025-09-26	$21.93	$20.00	92.4%	26.5%	26.7%	32.6%	0.0%	-80.2%	-11.7%	2.5K	-82.3K	-519	0.00	151.21	N/A	N/A	4	0	81	26
2025-09-29	$21.48	$20.00	64.8%	18.6%	27.6%	20.1%	34.2%	-101.0%	34.5%	2.7K	-76.3K	-527	0.00	150.46	N/A	N/A	8	0	85	26
2025-09-30	$21.97	$20.00	81.3%	23.3%	28.5%	27.6%	0.0%	-117.1%	12.8%	3.0K	-97.0K	-549	0.00	150.33	N/A	N/A	0	0	93	26