BB Options History — August 2019

In August 2019, BB traded between $6.69 and $7.29. ATM implied volatility averaged 39.5%, placing in the 30.3% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 10.6% (HV 20d: 28.9%). 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 12 of 22 days. Put/call ratio averaged 0.28.

Notable Days

  • 2019-08-02: Highest Volume — 13,591 contracts
  • 2019-08-26: Largest IV spike — 14.6% change
  • 2019-08-28: Highest IV Rank — 64.5%
  • 2019-08-07: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.92$6.69$7.29$7.29$6.86
Max Pain$7.45$7.00$7.50$7.00$7.50
ATM IV39.5%33.9%51.2%33.9%49.1%
Expected Move10.5%9.6%11.4%10.3%9.7%
HV 20d28.9%22.4%33.1%23.9%32.4%
HV 60d35.7%34.8%36.2%35.3%36.0%
IV Rank30.3%14.2%64.5%14.2%58.6%
IV Percentile48.9%25.0%89.7%29.0%81.3%
Term Structure2.5%-2.3%13.1%-0.7%-1.6%
VWIV37.0%34.0%39.9%35.7%35.4%
Skew 25d-0.0%-2.1%1.2%0.4%-1.3%
Skew 10d-1.0%-8.1%7.4%-3.3%-3.2%
Call IV 25d40.7%34.4%53.0%34.8%51.9%
Put IV 25d40.6%35.2%53.4%35.2%50.6%
Bid-Ask Spread %2.551.733.912.242.80
Gamma HHI0.280.240.410.410.28
Net GEX1.1M803.2K1.7M1.5M982.1K
Net DEX-5.0M-15.7M3.5M-15.7M-4.9M
Net VEX-626.6K-690.5K-585.2K-690.5K-619.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.071.210.180.19
Total Volume7,297.0452,44513,5917,6996,253
Total OI443,748.455433,567451,969446,695451,969

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$7.29$7.0033.9%10.3%23.9%14.2%35.7%0.4%-0.7%1.5M-15.7M-690.5K0.182.246,5211,178327,659119,036
2019-08-02$7.12$7.0034.1%10.1%24.6%14.7%36.1%0.4%-0.7%1.2M-9.0M-663.4K0.411.969,6493,942327,580119,243
2019-08-05$6.87$7.5037.9%11.1%24.8%25.8%38.9%0.6%-0.9%933.7K1.2M-606.7K0.401.809,4303,781317,543116,024
2019-08-06$6.79$7.5039.4%11.3%23.9%30.2%39.4%-2.1%-0.3%854.7K3.5M-595.1K0.203.9110,0662,006321,920117,857
2019-08-07$6.83$7.5038.3%11.4%22.4%27.0%39.9%-1.3%0.8%928.5K557.4K-615.2K0.782.043,2892,559324,639118,706
2019-08-08$7.06$7.5035.4%10.4%25.6%18.4%36.1%-0.6%0.4%1.3M-9.2M-653.1K0.091.795,052458326,318119,917
2019-08-09$6.99$7.5036.6%10.9%25.3%21.9%38.2%-0.3%-0.8%1.7M-7.0M-634.8K0.202.444,776969328,341120,043
2019-08-12$6.86$7.5037.8%11.2%26.0%25.4%39.0%-0.8%1.8%907.2K833.7K-604.3K0.072.493,202216323,783117,658
2019-08-13$7.01$7.5034.6%10.3%27.3%16.2%35.9%-0.6%1.2%1.1M-5.8M-633.4K0.093.385,361458324,698117,491
2019-08-14$6.77$7.5038.1%11.1%29.8%26.3%38.7%-0.4%0.6%886.7K943.4K-593.7K0.192.515,285987326,441117,683
2019-08-15$6.69$7.5037.7%11.1%29.7%25.3%38.5%0.3%0.9%803.2K3.4M-585.2K0.121.7310,1661,196327,310116,734
2019-08-16$6.87$7.5035.4%10.2%31.0%18.5%35.6%0.6%0.3%890.8K-2.0M-621.0K0.213.815,9921,255333,330116,527
2019-08-19$6.95$7.5034.0%9.8%31.4%14.5%34.5%0.9%12.1%983.4K-4.0M-604.2K0.433.042,9251,262321,611113,727
2019-08-20$6.88$7.5034.5%9.9%31.1%15.9%34.8%0.9%11.8%1.0M-3.6M-614.1K0.132.522,166279322,601114,627
2019-08-21$7.09$7.5034.3%9.8%32.8%15.3%34.1%1.2%12.5%1.2M-10.8M-637.0K0.292.667,3582,114323,487114,623
2019-08-22$7.05$7.5036.4%9.7%32.6%21.4%34.0%0.6%13.1%1.3M-10.8M-639.2K0.132.662,780368326,908115,342
2019-08-23$6.97$7.5041.5%10.7%31.7%36.2%38.4%-1.3%11.9%1.7M-10.4M-649.4K0.302.899,3012,821328,392114,805
2019-08-26$6.85$7.5047.5%10.7%32.2%53.9%38.2%1.1%-1.4%993.1K-6.6M-640.5K1.212.452,2862,755329,652113,030
2019-08-27$6.76$7.5049.8%10.7%31.9%60.6%38.9%0.0%-1.8%928.0K-3.5M-617.7K0.132.3110,3121,373331,499114,316
2019-08-28$6.82$7.5051.2%10.7%32.0%64.5%38.4%0.7%-1.8%1.0M-5.5M-619.3K0.382.853,9751,511333,964114,471
2019-08-29$6.96$7.5050.6%9.6%33.1%62.8%34.5%0.5%-2.3%1.4M-11.8M-647.3K0.141.862,549353335,385115,576
2019-08-30$6.86$7.5049.1%9.7%32.4%58.6%35.4%-1.3%-1.6%982.1K-4.9M-619.2K0.192.805,260993336,311115,658