BB Options History — July 2019

In July 2019, BB traded between $7.02 and $7.52. ATM implied volatility averaged 31.8%, placing in the 7.8% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded below realized volatility by 7.8% (HV 20d: 39.6%). Max pain ranged from $7.00 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.26.

Notable Days

  • 2019-07-18: Highest Volume — 15,311 contracts
  • 2019-07-09: Largest IV spike — 9.9% change
  • 2019-07-10: Highest IV Rank — 16.5%
  • 2019-07-10: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.25$7.02$7.52$7.47$7.31
Max Pain$7.36$7.00$7.50$7.50$7.00
ATM IV31.8%29.1%34.7%30.7%32.6%
Expected Move9.0%7.8%10.1%8.4%9.5%
HV 20d39.6%23.5%50.1%49.6%24.3%
HV 60d35.5%34.5%36.0%34.5%35.4%
IV Rank7.8%0.0%16.5%3.3%10.2%
IV Percentile12.6%0.0%32.1%3.2%20.2%
Term Structure-0.0%-1.3%1.3%-0.1%-1.2%
VWIV31.6%27.8%35.2%29.4%32.9%
Skew 25d0.7%-1.5%4.3%0.5%-0.6%
Skew 10d0.9%-10.2%6.3%1.1%-0.4%
Call IV 25d32.6%29.9%36.9%32.7%33.8%
Put IV 25d33.4%30.0%37.2%33.2%33.1%
Bid-Ask Spread %2.151.263.161.762.12
Gamma HHI0.300.210.420.210.42
Net GEX1.1M683.2K1.6M1.1M1.5M
Net DEX-7.0M-21.5M2.8M-11.2M-16.0M
Net VEX-700.8K-762.4K-667.9K-762.0K-689.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.080.690.140.16
Total Volume9,649.5914,89415,31114,2719,592
Total OI462,603.5435,525484,772469,748443,344

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-07-01$7.47$7.5030.7%8.4%49.6%3.3%29.4%0.5%-0.1%1.1M-11.2M-762.0K0.141.7612,5081,763336,873132,875
2019-07-02$7.44$7.5029.1%8.0%48.3%0.0%27.8%0.9%0.5%1.1M-6.0M-731.6K0.372.415,7862,142343,475133,178
2019-07-03$7.52$7.5029.5%7.8%48.2%1.2%27.8%0.2%0.6%1.1M-13.6M-762.4K0.351.964,3461,538344,062132,603
2019-07-05$7.39$7.5029.1%8.6%48.5%0.0%30.0%-0.6%-0.1%1.0M-6.0M-735.3K0.401.926,8362,759345,592132,809
2019-07-08$7.14$7.5030.1%8.9%49.4%3.1%30.9%-1.1%1.3%683.2K2.3M-685.1K0.233.1611,2542,601333,889128,912
2019-07-09$7.27$7.5033.1%9.4%50.1%11.8%32.7%0.9%-0.5%1.0M-6.7M-715.6K0.122.1010,4591,304341,178128,623
2019-07-10$7.08$7.5034.7%10.1%47.2%16.5%35.2%-0.8%0.7%831.7K497.0K-690.4K0.321.689,5083,084347,309129,049
2019-07-11$7.11$7.5033.5%9.8%42.2%12.8%34.3%0.6%1.1%814.4K-670.7K-691.9K0.292.107,7442,240351,589130,069
2019-07-12$7.20$7.5032.6%9.4%43.0%10.2%32.9%-1.5%0.1%1.1M-6.7M-715.8K0.302.886,9762,102354,443130,329
2019-07-15$7.21$7.5033.7%9.7%43.1%13.4%33.8%2.5%-0.1%1.2M-6.2M-705.9K0.211.884,9971,061338,877127,001
2019-07-16$7.15$7.5033.4%9.6%42.4%12.7%33.6%2.9%-0.9%1.1M-3.8M-692.5K0.172.294,181713340,316127,013
2019-07-17$7.12$7.5032.6%9.3%42.0%10.1%32.6%1.6%-0.1%951.5K897.7K-668.8K0.253.137,1601,781342,316127,149
2019-07-18$7.02$7.5032.3%9.3%39.1%9.4%32.4%3.9%-0.7%805.6K2.8M-667.9K0.161.2613,1722,139345,104127,208
2019-07-19$7.11$7.5031.7%9.2%38.9%7.7%32.2%4.3%-1.3%1.0M-4.2M-686.9K0.162.558,0681,306352,949126,569
2019-07-22$7.12$7.5031.8%8.8%38.9%8.0%31.7%1.5%-0.0%1.1M-2.9M-671.5K0.301.807,4242,227318,398120,261
2019-07-23$7.20$7.5031.7%8.8%39.5%7.8%30.3%0.8%0.1%1.2M-8.0M-684.0K0.232.168,1471,884322,564121,104
2019-07-24$7.30$7.0032.1%8.9%39.9%8.9%31.7%1.0%0.6%1.3M-10.4M-672.0K0.322.664,5051,423326,025121,894
2019-07-25$7.22$7.0030.8%8.6%24.8%5.1%30.7%0.1%0.0%1.3M-8.9M-688.6K0.262.075,9551,560326,203122,006
2019-07-26$7.37$7.0030.5%8.4%23.8%4.2%29.4%0.5%0.4%1.4M-12.1M-683.6K0.141.8812,1731,761327,756122,420
2019-07-29$7.34$7.0031.4%9.0%23.5%6.9%31.3%-1.0%-0.3%1.5M-16.7M-700.4K0.691.763,7502,573319,118116,407
2019-07-30$7.42$7.0031.8%9.2%23.8%7.9%32.5%-0.4%-0.4%1.6M-21.5M-715.6K0.081.839,066723320,110118,308
2019-07-31$7.31$7.0032.6%9.5%24.3%10.2%32.9%-0.6%-1.2%1.5M-16.0M-689.1K0.162.128,2981,294324,733118,611