BB Options History — February 2019

In February 2019, BB traded between $8.09 and $8.77. ATM implied volatility averaged 35.1%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 9.4% (HV 20d: 25.7%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.29.

Notable Days

2019-02-08: Highest Volume — 23,214 contracts
2019-02-19: Largest IV drop — 19.8% change
2019-02-28: Highest IV Rank — 47.9%
2019-02-15: Largest Expected Move — 11.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.46	$8.09	$8.77	$8.09	$8.70
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	35.1%	29.7%	44.2%	32.1%	44.2%
Expected Move	9.7%	8.4%	11.3%	10.2%	8.9%
HV 20d	25.7%	23.8%	28.4%	28.4%	23.8%
HV 60d	37.0%	36.1%	37.9%	37.8%	36.5%
IV Rank	18.0%	0.3%	47.9%	8.2%	47.9%
IV Percentile	25.5%	0.4%	69.8%	7.5%	69.8%
Term Structure	0.8%	-7.4%	9.3%	0.8%	-4.6%
VWIV	33.9%	29.6%	39.4%	35.7%	32.0%
Skew 25d	-0.7%	-6.3%	2.5%	0.7%	-2.0%
Skew 10d	0.2%	-5.8%	8.4%	-4.3%	-1.4%
Call IV 25d	36.4%	30.5%	45.0%	31.6%	45.0%
Put IV 25d	35.7%	30.3%	44.4%	32.3%	42.9%
Bid-Ask Spread %	2.70	1.55	4.41	2.67	2.92
Gamma HHI	0.22	0.15	0.28	0.16	0.25
Net GEX	958.5K	679.2K	1.2M	679.2K	973.4K
Net DEX	-20.8M	-31.5M	-9.2M	-15.0M	-28.5M
Net VEX	-719.8K	-763.1K	-657.5K	-710.9K	-752.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.29	0.08	0.58	0.29	0.18
Total Volume	9,513.842	3,733	23,214	8,897	5,961
Total OI	331,286.421	316,747	344,307	320,362	344,307

Daily Data (19 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
2019-02-01	$8.09	$7.50	32.1%	10.2%	28.4%	8.2%	35.7%	0.7%	0.8%	679.2K	-15.0M	-710.9K	0.29	2.67	6,921	1,976	206,185	114,177
2019-02-04	$8.22	$7.50	31.7%	9.9%	24.9%	7.0%	34.7%	1.1%	2.9%	744.1K	-15.7M	-699.7K	0.17	4.13	4,560	758	204,281	112,466
2019-02-05	$8.35	$7.50	30.5%	10.1%	24.0%	3.0%	34.3%	0.6%	4.8%	807.8K	-18.7M	-706.6K	0.18	2.29	9,900	1,812	207,073	113,079
2019-02-06	$8.31	$7.50	31.1%	10.0%	24.1%	4.8%	35.0%	0.5%	3.8%	876.4K	-18.2M	-712.8K	0.45	1.93	2,575	1,158	211,060	113,950
2019-02-07	$8.12	$7.50	32.0%	9.9%	26.1%	8.0%	34.4%	1.4%	3.2%	815.1K	-9.2M	-657.5K	0.58	2.87	3,190	1,848	212,697	114,782
2019-02-08	$8.11	$7.50	32.5%	9.6%	26.1%	9.4%	32.5%	2.5%	1.2%	713.3K	-13.6M	-700.4K	0.08	4.41	21,526	1,688	213,837	115,662
2019-02-11	$8.26	$7.50	36.0%	10.6%	26.6%	21.1%	36.9%	-6.3%	-4.0%	839.3K	-14.7M	-706.1K	0.39	1.94	6,139	2,365	210,334	114,570
2019-02-12	$8.43	$7.50	37.1%	10.8%	26.3%	24.4%	37.8%	-2.3%	-6.0%	929.4K	-19.5M	-708.1K	0.31	1.75	10,446	3,198	207,566	115,860
2019-02-13	$8.49	$7.50	37.2%	10.7%	26.3%	25.0%	37.4%	-6.0%	-6.0%	1.1M	-21.3M	-710.8K	0.52	2.21	5,880	3,079	211,371	116,675
2019-02-14	$8.51	$7.50	34.8%	10.1%	26.2%	17.2%	34.8%	-4.3%	-2.8%	1.1M	-21.5M	-714.9K	0.48	1.92	7,531	3,589	212,476	117,229
2019-02-15	$8.68	$7.50	37.0%	11.3%	26.7%	24.4%	39.4%	0.4%	-7.4%	937.9K	-30.3M	-753.0K	0.14	1.55	19,384	2,739	215,658	118,788
2019-02-19	$8.77	$7.50	29.7%	8.4%	25.9%	0.3%	29.6%	1.3%	8.0%	1.2M	-28.9M	-754.6K	0.16	2.88	5,652	909	216,314	117,265
2019-02-20	$8.53	$7.50	30.5%	8.9%	25.3%	3.1%	30.8%	-1.9%	9.0%	1.1M	-18.2M	-710.3K	0.22	3.48	6,931	1,543	218,228	117,850
2019-02-21	$8.41	$7.50	33.6%	9.2%	26.1%	13.2%	33.0%	1.1%	8.0%	994.1K	-15.6M	-709.8K	0.12	2.38	6,221	754	219,279	118,822
2019-02-22	$8.61	$7.50	34.1%	8.7%	26.9%	14.7%	30.6%	0.0%	9.3%	935.0K	-24.4M	-736.2K	0.37	2.89	10,366	3,789	222,328	119,028
2019-02-25	$8.76	$7.50	39.0%	9.0%	24.5%	30.8%	31.5%	0.1%	-1.5%	1.2M	-31.5M	-763.1K	0.28	3.05	4,870	1,370	220,731	116,983
2019-02-26	$8.66	$7.50	41.3%	9.1%	24.9%	38.5%	32.2%	0.5%	-0.6%	1.1M	-23.2M	-727.4K	0.49	2.45	3,737	1,842	223,265	117,772
2019-02-27	$8.68	$7.50	42.3%	9.1%	24.5%	41.7%	32.1%	-1.0%	-2.9%	1.2M	-26.6M	-742.5K	0.13	3.67	4,020	536	224,118	118,376
2019-02-28	$8.70	$7.50	44.2%	8.9%	23.8%	47.9%	32.0%	-2.0%	-4.6%	973.4K	-28.5M	-752.3K	0.18	2.92	5,061	900	225,827	118,480