BB Options History — December 2018

In December 2018, BB traded between $6.68 and $8.81. ATM implied volatility averaged 53.3%, placing in the 81.2% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded above realized volatility by 18.0% (HV 20d: 35.3%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.42.

Notable Days

  • 2018-12-21: Highest Volume — 40,019 contracts
  • 2018-12-24: Largest IV spike — 11.8% change
  • 2018-12-17: Highest IV Rank — 100.0%
  • 2018-12-05: Largest Expected Move — 17.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.64$6.68$8.81$8.81$7.12
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV53.3%45.4%60.1%47.0%45.4%
Expected Move15.7%13.6%17.3%15.0%13.6%
HV 20d35.3%29.1%46.7%29.7%46.6%
HV 60d41.2%39.4%46.2%40.4%39.4%
IV Rank81.2%52.1%100.0%61.9%52.1%
IV Percentile91.2%67.5%100.0%80.6%67.5%
Term Structure-1.5%-4.2%1.5%-0.5%1.5%
VWIV56.9%47.3%66.2%52.7%47.3%
Skew 25d0.0%-4.4%2.4%1.0%1.7%
Skew 10d4.8%-2.0%11.3%3.6%8.8%
Call IV 25d56.3%44.8%68.1%47.2%44.8%
Put IV 25d56.3%46.5%68.4%48.2%46.5%
Bid-Ask Spread %7.452.0932.8131.583.13
Gamma HHI0.170.130.270.170.20
Net GEX449.8K310.2K665.0K548.8K454.6K
Net DEX37.2M22.1M50.7M22.1M30.4M
Net VEX-625.6K-721.3K-546.4K-721.3K-599.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.140.910.500.30
Total Volume16,814.757,05340,01910,0827,053
Total OI469,865.75441,747505,636441,747459,330

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-12-03$8.81$10.0047.0%15.0%29.7%61.9%52.7%1.0%-0.5%548.8K22.1M-721.3K0.5031.586,7413,341282,804158,943
2018-12-04$8.44$10.0049.7%16.5%32.9%71.4%58.1%-0.0%-2.3%433.2K32.6M-673.5K0.1426.9510,7131,448287,864159,853
2018-12-05$8.43$10.0049.8%17.3%32.5%71.8%61.6%0.7%-2.0%440.3K31.4M-682.0K0.1932.8111,3812,119287,864159,853
2018-12-06$8.26$10.0051.3%15.4%31.0%77.2%53.3%1.2%-0.9%414.0K34.4M-654.8K0.323.095,4491,759294,660159,898
2018-12-07$8.18$10.0050.9%14.6%31.0%75.7%53.2%0.7%-0.4%461.8K34.2M-658.7K0.343.875,5691,897298,362160,142
2018-12-10$7.92$10.0055.1%15.7%31.9%90.8%61.1%0.8%-0.6%398.0K40.8M-613.1K0.294.3711,8693,427298,285159,648
2018-12-11$7.87$10.0055.4%15.6%29.5%91.5%60.2%-1.1%-0.7%429.1K38.3M-628.3K0.194.1213,5332,635303,841161,429
2018-12-12$8.02$10.0053.7%15.5%30.9%85.8%55.2%1.0%0.2%557.9K36.2M-643.6K0.533.2814,6777,799308,147162,355
2018-12-13$7.69$10.0055.6%15.7%33.4%92.3%54.3%-1.5%-1.2%410.8K38.9M-647.9K0.782.5711,5138,931312,237163,624
2018-12-14$7.58$10.0057.1%16.2%33.5%97.6%62.1%-0.1%-1.0%429.5K42.0M-618.1K0.412.4114,7196,089316,347163,906
2018-12-17$7.44$10.0059.2%16.7%32.2%100.0%66.2%-2.8%-3.9%398.6K44.4M-607.2K0.282.099,4992,642316,551164,733
2018-12-18$7.48$10.0060.1%17.1%29.6%100.0%65.1%-3.3%-3.5%476.5K40.9M-624.8K0.432.299,1073,918321,276165,456
2018-12-19$7.37$10.0060.0%17.2%29.1%99.4%60.6%0.9%-4.2%446.6K44.9M-590.7K0.382.9315,4355,868324,647166,638
2018-12-20$7.58$10.0055.2%16.0%31.0%84.0%57.3%-4.4%-3.3%665.0K35.8M-652.5K0.303.6424,4247,409332,943167,851
2018-12-21$6.90$10.0050.1%14.6%43.7%67.2%50.8%-1.5%-3.1%346.1K50.7M-569.6K0.462.2427,42612,593338,123167,513
2018-12-24$6.68$10.0056.0%16.1%41.4%86.4%56.9%2.4%-2.1%310.2K43.6M-546.4K0.804.3714,55311,712312,703155,895
2018-12-26$6.91$10.0053.9%15.4%44.8%79.8%55.9%1.8%-1.0%422.4K36.5M-603.5K0.335.3511,5443,768312,820154,308
2018-12-27$7.02$10.0052.4%15.3%45.6%74.8%55.1%1.4%-0.9%570.5K32.6M-599.3K0.914.325,3684,910315,580150,575
2018-12-28$7.14$10.0048.9%14.6%46.7%63.4%51.2%1.9%-0.4%381.9K32.9M-576.5K0.523.598,8274,630317,349152,962
2018-12-31$7.12$10.0045.4%13.6%46.6%52.1%47.3%1.7%1.5%454.6K30.4M-599.8K0.303.135,4301,623308,958150,372