BB Options History — January 2021

In January 2021, BB traded between $6.59 and $24.55. ATM implied volatility averaged 160.8%, placing in the 66.5% IV rank vs the trailing year. The 30-day expected move averaged 43.2%. IV traded above realized volatility by 46.8% (HV 20d: 114.1%). Max pain ranged from $7.00 to $12.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.23.

Notable Days

  • 2021-01-27: Highest Volume — 1,018,106 contracts
  • 2021-01-14: Largest IV spike — 114.4% change
  • 2021-01-19: Highest IV Rank — 100.0%
  • 2021-01-28: Largest Expected Move — 97.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.48$6.59$24.55$6.59$14.14
Max Pain$8.42$7.00$12.00$7.00$12.00
ATM IV160.8%57.0%374.1%63.1%308.8%
Expected Move43.2%16.4%97.4%18.1%93.6%
HV 20d114.1%68.4%248.3%83.7%248.3%
HV 60d91.9%71.4%157.2%71.4%157.2%
IV Rank66.5%26.7%100.0%30.7%81.7%
IV Percentile83.5%35.7%100.0%53.2%99.2%
Term Structure-5.0%-20.1%6.0%-0.0%-14.3%
VWIV163.7%57.8%348.0%66.1%342.1%
Skew 25d-9.2%-77.8%125.9%-3.1%125.9%
Skew 10d-18.1%-102.0%106.9%-3.0%106.9%
Call IV 25d155.4%63.5%327.1%68.2%176.7%
Put IV 25d146.2%58.1%311.4%65.1%302.5%
Bid-Ask Spread %3.822.158.242.734.15
Gamma HHI0.230.070.720.180.07
Net GEX3.8M1.3M18.1M1.3M2.3M
Net DEX-412.7M-1.64B-53.1M-53.9M-522.6M
Net VEX-1.0M-1.9M-450.4K-457.4K-1.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.080.490.130.38
Total Volume355,17315,6791,018,10630,215499,668
Total OI743,458.737510,5741,367,392510,5741,367,392

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-01-04$6.59$7.0063.1%18.1%83.7%30.7%66.1%-3.1%-0.0%1.3M-53.9M-457.4K0.132.7326,8553,360408,621101,953
2021-01-05$6.78$7.0060.6%16.5%68.6%29.0%63.4%-0.1%-1.0%1.7M-63.2M-465.2K0.152.6213,6122,067415,751103,212
2021-01-06$6.69$7.0057.0%16.4%68.4%26.7%57.8%-5.4%0.6%1.3M-53.1M-450.4K0.332.4618,3306,110420,056104,101
2021-01-07$7.10$7.0063.6%18.5%71.4%31.0%67.9%-1.0%2.1%2.5M-81.7M-503.0K0.142.8746,1196,648424,336106,919
2021-01-08$7.52$7.0079.5%22.6%74.8%41.3%80.4%-12.3%0.2%2.9M-124.7M-561.8K0.144.62104,25314,690436,065109,203
2021-01-11$7.62$7.0077.0%22.0%75.0%39.8%77.7%-10.7%-0.4%2.9M-131.2M-594.9K0.114.9155,4506,183449,473105,042
2021-01-12$7.62$7.0073.4%21.2%74.7%37.4%76.5%-8.5%0.7%3.4M-133.3M-606.9K0.142.6829,5674,267462,094109,424
2021-01-13$7.44$7.0072.9%20.1%74.7%37.1%77.6%-10.5%-2.7%3.6M-117.8M-593.1K0.133.0135,2994,726466,262111,327
2021-01-14$8.99$7.00156.3%41.5%101.8%91.5%153.6%-66.8%-14.6%2.6M-241.9M-692.0K0.083.46406,95033,753470,031114,180
2021-01-15$9.76$7.00154.2%42.6%105.4%90.2%156.3%-48.3%-9.7%1.6M-317.6M-856.3K0.272.71477,225127,278555,864135,751
2021-01-19$12.36$8.00181.9%51.8%132.7%100.0%181.1%-45.5%-9.6%2.3M-385.1M-954.1K0.235.08337,71976,791433,673127,347
2021-01-20$12.69$8.00150.5%43.1%110.5%81.1%155.8%-36.7%2.3%4.5M-463.9M-1.1M0.292.15308,30890,050552,347158,086
2021-01-21$12.89$9.00138.7%39.6%110.6%73.9%139.0%-34.4%2.7%4.8M-476.2M-1.2M0.332.45186,52460,657599,271184,094
2021-01-22$13.99$9.00167.9%48.3%112.0%91.6%171.2%-46.9%-1.6%6.5M-612.9M-1.2M0.154.30498,74772,625627,181190,989
2021-01-25$17.64$10.00283.6%84.5%130.8%100.0%299.6%-55.6%-18.4%3.0M-823.9M-1.4M0.304.64754,189228,770599,377156,180
2021-01-26$18.80$11.00270.7%80.3%129.7%95.2%288.7%-77.8%-17.9%5.0M-996.4M-1.8M0.338.24405,035132,794763,401270,208
2021-01-27$24.55$11.00374.1%0.0%147.2%100.0%308.0%36.4%6.0%18.1M-1.64B-1.9M0.285.27798,228219,878841,863314,645
2021-01-28$14.94$12.00321.8%97.4%246.9%85.4%348.0%125.6%-20.1%1.7M-603.9M-1.9M0.494.29440,622214,940942,472387,525
2021-01-29$14.14$12.00308.8%93.6%248.3%81.7%342.1%125.9%-14.3%2.3M-522.6M-1.9M0.384.15361,943137,725940,618426,774