BB Options History — December 2020

In December 2020, BB traded between $6.64 and $8.53. ATM implied volatility averaged 92.8%, placing in the 50.1% IV rank vs the trailing year. The 30-day expected move averaged 26.9%. IV traded above realized volatility by 1.5% (HV 20d: 91.3%). Max pain ranged from $5.00 to $6.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.23.

Notable Days

2020-12-01: Highest Volume — 503,041 contracts
2020-12-18: Largest IV drop — 22.9% change
2020-12-01: Highest IV Rank — 85.7%
2020-12-01: Largest Expected Move — 48.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.61	$6.64	$8.53	$7.09	$6.64
Max Pain	$6.00	$5.00	$6.50	$5.00	$6.50
ATM IV	92.8%	60.5%	147.4%	147.4%	60.5%
Expected Move	26.9%	16.1%	48.7%	48.7%	16.1%
HV 20d	91.3%	73.8%	110.9%	74.1%	83.9%
HV 60d	64.4%	55.6%	71.4%	55.8%	71.3%
IV Rank	50.1%	29.0%	85.7%	85.7%	29.0%
IV Percentile	81.2%	47.2%	99.6%	99.6%	47.2%
Term Structure	-1.2%	-8.5%	4.1%	-0.6%	1.3%
VWIV	101.2%	61.5%	183.3%	183.3%	61.5%
Skew 25d	-14.7%	-31.4%	-0.2%	-28.9%	-0.2%
Skew 10d	-25.9%	-46.3%	1.3%	-32.4%	1.3%
Call IV 25d	107.0%	64.8%	168.0%	168.0%	64.8%
Put IV 25d	92.3%	63.7%	139.2%	139.2%	64.7%
Bid-Ask Spread %	3.47	2.01	7.83	7.83	2.01
Gamma HHI	0.18	0.14	0.25	0.17	0.20
Net GEX	2.0M	1.1M	2.8M	1.1M	1.4M
Net DEX	-122.5M	-195.8M	-49.4M	-106.5M	-55.1M
Net VEX	-556.5K	-637.8K	-449.2K	-449.2K	-467.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.23	0.10	0.48	0.21	0.17
Total Volume	103,432	24,768	503,041	503,041	24,768
Total OI	535,825.636	360,953	605,739	360,953	537,378

Daily Data (22 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
2020-12-01	$7.09	$5.00	147.4%	48.7%	74.1%	85.7%	183.3%	-28.9%	-0.6%	1.1M	-106.5M	-449.2K	0.21	7.83	416,793	86,248	294,798	66,155
2020-12-02	$7.38	$6.00	132.2%	42.9%	74.2%	75.8%	159.5%	-22.1%	-8.5%	1.5M	-119.2M	-528.7K	0.27	7.13	204,542	55,293	391,844	108,132
2020-12-03	$7.47	$6.00	104.8%	28.6%	73.8%	57.9%	115.9%	-20.4%	-2.9%	1.6M	-118.2M	-529.6K	0.20	4.89	102,874	20,514	419,963	123,789
2020-12-04	$8.49	$6.00	108.9%	31.0%	82.4%	60.6%	117.7%	-31.4%	-4.7%	2.8M	-195.8M	-611.4K	0.16	3.26	156,286	25,584	438,821	131,473
2020-12-07	$8.27	$6.00	106.2%	30.0%	84.0%	58.8%	107.8%	-27.9%	-1.0%	2.2M	-163.5M	-605.9K	0.15	3.57	123,449	19,074	405,648	101,450
2020-12-08	$8.53	$6.00	103.4%	29.2%	84.0%	57.0%	107.9%	-23.3%	-1.9%	2.7M	-184.7M	-637.8K	0.23	2.81	54,917	12,462	435,894	110,260
2020-12-09	$8.31	$6.00	101.1%	29.5%	86.0%	55.5%	109.5%	-22.3%	1.6%	2.7M	-171.2M	-621.3K	0.21	3.09	56,674	11,629	444,629	111,922
2020-12-10	$8.36	$6.00	100.5%	29.9%	86.3%	55.1%	109.8%	-13.9%	4.1%	2.8M	-172.3M	-622.3K	0.14	3.34	43,150	6,124	451,415	116,209
2020-12-11	$8.16	$6.00	99.7%	28.5%	85.1%	54.6%	110.6%	-19.1%	-0.9%	2.0M	-157.0M	-610.1K	0.19	3.99	46,487	8,708	452,521	118,043
2020-12-14	$8.27	$6.00	103.0%	29.5%	85.2%	56.7%	106.5%	-15.5%	-4.3%	2.2M	-159.1M	-596.0K	0.21	3.82	58,564	12,158	409,022	101,950
2020-12-15	$8.28	$6.00	100.1%	28.7%	85.6%	54.8%	107.8%	-20.7%	-5.5%	2.4M	-162.1M	-604.0K	0.16	3.99	39,127	6,342	425,864	108,179
2020-12-16	$8.26	$6.00	104.0%	29.8%	86.1%	57.4%	109.9%	-16.8%	-7.4%	2.5M	-164.7M	-605.9K	0.48	2.86	32,666	15,842	435,452	109,755
2020-12-17	$8.23	$6.00	107.9%	31.2%	86.5%	59.9%	126.1%	-22.1%	-6.8%	2.2M	-166.8M	-622.0K	0.42	3.71	70,707	29,640	443,031	122,596
2020-12-18	$6.90	$6.00	83.2%	24.1%	110.9%	43.8%	89.6%	-7.1%	-2.1%	1.3M	-49.4M	-495.8K	0.38	2.71	141,306	54,379	459,812	145,927
2020-12-21	$7.10	$6.00	71.8%	20.2%	109.5%	36.3%	78.2%	-2.7%	3.0%	1.8M	-85.5M	-526.6K	0.33	2.76	46,082	15,042	414,153	98,804
2020-12-22	$7.21	$6.00	82.0%	24.2%	109.1%	43.0%	89.1%	-9.0%	1.2%	2.0M	-97.5M	-555.7K	0.10	2.39	83,798	8,756	428,367	106,700
2020-12-23	$7.12	$6.00	72.0%	20.4%	109.5%	36.5%	80.1%	-5.9%	1.0%	2.3M	-90.3M	-551.9K	0.12	2.50	55,955	6,596	454,519	112,151
2020-12-24	$7.11	$6.00	65.8%	18.2%	109.2%	32.4%	67.6%	-5.0%	3.2%	1.9M	-87.4M	-539.5K	0.30	2.74	20,853	6,229	464,138	115,968
2020-12-28	$6.88	$6.00	62.5%	16.9%	109.6%	30.3%	62.6%	-3.6%	1.4%	1.5M	-69.5M	-501.2K	0.14	2.22	35,253	5,043	415,401	102,884
2020-12-29	$6.78	$6.00	63.4%	17.1%	108.6%	30.9%	63.3%	-1.4%	0.9%	1.5M	-62.6M	-482.1K	0.18	2.42	24,855	4,592	419,734	104,085
2020-12-30	$6.64	$6.50	62.0%	16.4%	85.5%	29.9%	63.1%	-4.0%	2.0%	1.5M	-57.3M	-478.3K	0.22	2.30	21,362	4,781	423,420	105,908
2020-12-31	$6.64	$6.50	60.5%	16.1%	83.9%	29.0%	61.5%	-0.2%	1.3%	1.4M	-55.1M	-467.3K	0.17	2.01	21,143	3,625	428,848	108,530