BB Options History — October 2018

In October 2018, BB traded between $8.69 and $10.82. ATM implied volatility averaged 39.4%, placing in the 37.7% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded below realized volatility by 11.2% (HV 20d: 50.6%). Max pain ranged from $9.50 to $10.50. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.45.

Notable Days

2018-10-01: Highest Volume — 27,952 contracts
2018-10-16: Largest IV drop — 10.9% change
2018-10-29: Highest IV Rank — 61.2%
2018-10-29: Largest Expected Move — 14.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$9.62	$8.69	$10.82	$10.82	$9.27
Max Pain	$10.04	$9.50	$10.50	$10.50	$9.50
ATM IV	39.4%	34.8%	46.3%	34.8%	42.1%
Expected Move	11.6%	10.3%	14.8%	10.7%	13.1%
HV 20d	50.6%	36.3%	56.8%	51.7%	39.5%
HV 60d	40.4%	37.8%	42.2%	37.8%	41.8%
IV Rank	37.7%	22.2%	61.2%	22.2%	44.6%
IV Percentile	50.1%	26.6%	82.1%	26.6%	62.3%
Term Structure	-0.9%	-3.1%	1.5%	0.3%	-2.2%
VWIV	41.7%	36.1%	53.1%	41.1%	47.8%
Skew 25d	-3.3%	-13.8%	2.1%	-4.1%	-0.7%
Skew 10d	-6.0%	-24.1%	2.6%	-8.5%	-0.8%
Call IV 25d	42.4%	37.4%	48.2%	39.0%	43.7%
Put IV 25d	39.1%	31.0%	48.8%	34.9%	43.1%
Bid-Ask Spread %	4.95	2.28	12.15	5.22	5.61
Gamma HHI	0.21	0.15	0.47	0.15	0.16
Net GEX	528.8K	-1.0M	1.4M	1.4M	820.7K
Net DEX	10.2M	-40.3M	27.2M	-40.3M	12.3M
Net VEX	-772.7K	-949.2K	-645.0K	-949.2K	-719.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.45	0.15	1.80	0.22	0.41
Total Volume	14,719.13	8,726	27,952	27,952	11,387
Total OI	427,233.348	402,746	450,952	427,978	412,808

Daily Data (23 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
2018-10-01	$10.82	$10.50	34.8%	10.7%	51.7%	22.2%	41.1%	-4.1%	0.3%	1.4M	-40.3M	-949.2K	0.22	5.22	22,890	5,062	269,849	158,129
2018-10-02	$10.39	$10.50	35.1%	10.3%	53.8%	23.1%	37.2%	-2.1%	-0.3%	610.8K	-13.1M	-890.1K	0.58	5.77	14,195	8,284	274,677	159,502
2018-10-03	$10.56	$10.50	36.8%	10.9%	49.4%	29.0%	38.8%	-2.7%	-0.8%	990.0K	-24.4M	-938.9K	0.21	5.97	20,089	4,227	277,405	160,175
2018-10-04	$10.27	$10.00	37.3%	10.4%	50.1%	30.5%	37.7%	-2.9%	-1.2%	563.3K	-5.8M	-861.4K	0.61	2.28	6,493	3,992	282,093	161,121
2018-10-05	$10.01	$10.00	36.7%	10.3%	50.8%	28.6%	36.9%	-2.1%	0.5%	-1.0M	6.7M	-818.9K	0.59	2.37	10,721	6,283	282,662	161,729
2018-10-08	$9.96	$10.00	37.7%	10.7%	50.8%	31.9%	40.9%	-0.9%	-0.4%	380.7K	7.3M	-804.8K	0.22	2.32	15,287	3,435	267,243	154,868
2018-10-09	$9.76	$10.00	37.8%	10.7%	49.9%	32.2%	36.1%	-1.6%	-1.0%	436.4K	13.0M	-796.4K	0.45	2.31	8,298	3,765	276,063	155,588
2018-10-10	$9.30	$10.00	41.6%	12.2%	52.4%	45.3%	42.5%	-2.5%	1.5%	320.5K	26.8M	-746.1K	0.26	6.34	16,834	4,386	279,611	157,024
2018-10-11	$9.56	$10.00	44.0%	12.5%	53.7%	53.5%	43.5%	-1.9%	-0.6%	608.1K	16.4M	-787.1K	0.48	5.20	13,371	6,467	287,758	158,491
2018-10-12	$9.55	$10.00	40.7%	11.7%	53.5%	42.3%	40.8%	-1.5%	0.4%	499.3K	16.8M	-769.6K	0.51	3.74	8,509	4,312	289,854	161,098
2018-10-15	$9.48	$10.00	40.7%	11.7%	53.3%	42.3%	40.7%	-13.8%	-2.8%	441.4K	21.4M	-749.2K	1.80	3.39	4,396	7,930	279,877	157,277
2018-10-16	$9.78	$10.00	36.3%	10.4%	54.5%	27.3%	36.2%	-9.6%	-1.0%	663.7K	7.6M	-799.6K	1.16	2.62	6,841	7,936	280,401	153,274
2018-10-17	$9.74	$10.00	36.9%	10.6%	54.5%	29.4%	36.9%	-9.3%	-2.0%	705.3K	9.1M	-789.1K	0.36	2.65	7,212	2,621	282,372	153,114
2018-10-18	$9.64	$10.00	37.8%	10.9%	54.3%	32.3%	38.0%	-11.0%	-1.3%	758.2K	11.4M	-770.4K	0.41	3.60	6,197	2,529	284,389	152,108
2018-10-19	$9.35	$10.00	37.5%	11.0%	55.0%	31.5%	38.5%	-10.3%	-3.1%	429.4K	24.7M	-715.2K	0.47	3.79	7,823	3,682	284,505	152,089
2018-10-22	$9.48	$10.00	36.6%	10.8%	55.3%	28.3%	38.9%	0.8%	-0.3%	543.0K	13.2M	-733.9K	0.23	4.55	8,415	1,977	257,764	144,982
2018-10-23	$9.37	$10.00	38.6%	11.6%	55.3%	35.0%	43.4%	0.2%	-0.5%	551.6K	15.2M	-722.2K	0.29	8.01	9,525	2,733	260,905	144,907
2018-10-24	$9.02	$10.00	40.8%	12.1%	56.5%	42.7%	44.5%	1.3%	-1.1%	423.7K	24.1M	-700.5K	0.26	4.92	7,859	2,066	263,674	145,713
2018-10-25	$9.15	$10.00	40.5%	12.5%	56.8%	41.6%	44.8%	-1.8%	-0.1%	592.5K	19.2M	-707.1K	0.26	4.78	7,536	1,925	268,162	145,678
2018-10-26	$8.97	$10.00	44.2%	13.7%	37.6%	54.2%	49.8%	0.0%	-0.3%	470.5K	24.1M	-681.4K	0.19	10.39	12,444	2,392	269,339	145,701
2018-10-29	$8.69	$10.00	46.3%	14.8%	36.3%	61.2%	53.1%	-1.4%	-2.6%	439.0K	27.2M	-645.0K	0.15	12.15	11,890	1,818	261,337	143,126
2018-10-30	$9.03	$10.00	45.6%	14.1%	38.5%	57.1%	50.3%	2.1%	-2.0%	582.9K	20.7M	-677.7K	0.17	5.88	10,685	1,821	264,080	143,845
2018-10-31	$9.27	$9.50	42.1%	13.1%	39.5%	44.6%	47.8%	-0.7%	-2.2%	820.7K	12.3M	-719.0K	0.41	5.61	8,050	3,337	268,345	144,463