BB Options History — March 2021

In March 2021, BB traded between $8.43 and $11.68. ATM implied volatility averaged 111.4%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 31.7%. IV traded above realized volatility by 34.5% (HV 20d: 77.0%). Max pain ranged from $9.00 to $11.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.46.

Notable Days

2021-03-04: Highest Volume — 225,386 contracts
2021-03-31: Largest IV drop — 24.4% change
2021-03-02: Highest IV Rank — 33.1%
2021-03-12: Largest Expected Move — 37.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.31	$8.43	$11.68	$10.97	$8.43
Max Pain	$10.48	$9.00	$11.00	$9.00	$10.00
ATM IV	111.4%	80.1%	134.7%	114.3%	80.1%
Expected Move	31.7%	23.7%	37.3%	32.0%	23.7%
HV 20d	77.0%	66.8%	109.9%	109.9%	75.4%
HV 60d	163.8%	161.7%	165.7%	165.3%	164.6%
IV Rank	26.6%	17.9%	33.1%	27.4%	17.9%
IV Percentile	82.4%	65.9%	92.5%	85.3%	65.9%
Term Structure	-3.4%	-12.0%	1.4%	-1.5%	1.4%
VWIV	119.7%	92.1%	137.0%	120.1%	92.1%
Skew 25d	-12.9%	-25.1%	-2.8%	-2.8%	-2.8%
Skew 10d	-25.6%	-58.3%	10.8%	-15.0%	-4.9%
Call IV 25d	123.6%	87.2%	154.4%	123.1%	87.2%
Put IV 25d	110.7%	84.5%	129.3%	120.3%	84.5%
Bid-Ask Spread %	5.79	2.16	20.40	4.71	2.16
Gamma HHI	0.08	0.07	0.12	0.07	0.07
Net GEX	2.4M	740.3K	3.8M	3.0M	740.3K
Net DEX	-179.2M	-302.4M	-51.0M	-224.5M	-51.0M
Net VEX	-1.5M	-1.7M	-1.2M	-1.6M	-1.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.46	0.08	3.40	0.43	0.26
Total Volume	99,653.913	47,122	225,386	177,920	172,099
Total OI	882,842.652	716,648	977,652	920,151	835,394

Daily Data (23 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
2021-03-01	$10.97	$9.00	114.3%	32.0%	109.9%	27.4%	120.1%	-2.8%	-1.5%	3.0M	-224.5M	-1.6M	0.43	4.71	124,540	53,380	673,734	246,417
2021-03-02	$10.48	$9.00	134.7%	31.4%	108.6%	33.1%	123.8%	-15.2%	-1.4%	2.8M	-193.7M	-1.6M	2.21	6.03	54,467	120,176	701,016	251,594
2021-03-03	$10.14	$9.00	111.6%	29.4%	75.4%	26.7%	120.6%	-11.1%	-1.9%	2.4M	-169.0M	-1.5M	0.28	7.18	45,408	12,748	707,310	255,480
2021-03-04	$9.84	$11.00	117.5%	31.0%	75.2%	28.3%	116.4%	-16.3%	-2.4%	1.9M	-148.7M	-1.5M	3.40	20.40	51,213	174,173	716,721	258,903
2021-03-05	$9.45	$11.00	110.5%	29.9%	74.8%	26.4%	115.1%	-6.8%	-5.8%	1.2M	-118.7M	-1.4M	0.32	13.65	69,087	22,296	716,233	261,419
2021-03-08	$9.81	$11.00	120.8%	33.2%	68.1%	29.2%	125.0%	-16.2%	-2.5%	1.8M	-160.7M	-1.5M	0.08	9.11	111,188	9,242	633,999	245,145
2021-03-09	$10.41	$11.00	131.5%	34.8%	71.7%	32.2%	130.4%	-16.9%	-6.7%	2.6M	-202.7M	-1.6M	0.08	7.87	91,102	7,456	667,137	248,277
2021-03-10	$10.30	$11.00	127.3%	35.5%	71.6%	31.0%	132.5%	-16.6%	-6.2%	2.8M	-206.6M	-1.6M	0.13	6.30	80,764	10,401	683,171	249,135
2021-03-11	$10.72	$11.00	124.0%	35.3%	74.0%	30.1%	128.1%	-18.6%	0.9%	3.4M	-226.0M	-1.6M	0.17	4.77	45,278	7,739	691,328	252,992
2021-03-12	$11.64	$10.00	131.6%	37.3%	79.6%	32.3%	137.0%	-25.1%	-1.8%	3.1M	-302.4M	-1.7M	0.15	10.54	134,608	20,461	699,924	254,310
2021-03-15	$11.68	$10.00	127.7%	36.5%	78.5%	31.2%	135.9%	-24.5%	-3.3%	3.4M	-287.8M	-1.7M	0.19	2.55	96,605	18,444	665,017	241,659
2021-03-16	$11.56	$11.00	121.7%	34.9%	75.7%	29.5%	128.0%	-16.5%	-6.0%	3.6M	-274.4M	-1.7M	0.14	3.56	111,029	15,296	683,652	245,053
2021-03-17	$11.53	$11.00	115.8%	33.2%	70.9%	27.8%	120.8%	-15.6%	-2.8%	3.8M	-270.8M	-1.7M	0.17	3.44	40,203	6,919	704,583	249,358
2021-03-18	$10.72	$11.00	106.8%	30.9%	74.9%	25.3%	113.5%	-12.2%	-8.7%	2.7M	-199.3M	-1.5M	0.25	3.63	55,903	14,117	707,880	250,040
2021-03-19	$11.02	$11.00	100.4%	28.8%	75.5%	23.5%	107.4%	-13.1%	0.0%	2.7M	-216.6M	-1.6M	0.23	3.32	52,164	12,229	715,264	254,714
2021-03-22	$10.72	$11.00	91.6%	26.5%	75.7%	21.1%	103.4%	-10.7%	-1.7%	2.3M	-170.4M	-1.5M	0.22	3.08	46,257	10,257	518,739	197,909
2021-03-23	$10.09	$11.00	90.6%	26.9%	78.3%	20.8%	102.4%	-7.3%	-0.9%	1.8M	-129.8M	-1.4M	0.28	3.37	47,034	13,075	536,893	203,804
2021-03-24	$9.60	$11.00	91.2%	27.6%	75.2%	21.0%	107.0%	-8.6%	-2.6%	1.6M	-105.6M	-1.4M	0.31	3.42	39,686	12,152	550,586	210,340
2021-03-25	$9.89	$11.00	97.6%	29.5%	73.8%	22.8%	109.0%	-11.5%	-2.3%	2.0M	-129.4M	-1.4M	0.34	3.32	53,223	18,195	560,349	214,424
2021-03-26	$9.57	$10.00	105.9%	32.9%	73.5%	25.1%	120.2%	-12.4%	-4.7%	1.5M	-115.8M	-1.4M	0.29	4.32	46,378	13,250	576,253	217,772
2021-03-29	$9.18	$10.00	104.1%	34.1%	67.5%	24.6%	131.4%	-7.6%	-12.0%	1.5M	-103.5M	-1.3M	0.31	3.41	51,927	16,021	546,107	213,599
2021-03-30	$9.38	$10.00	105.9%	34.6%	66.8%	25.1%	132.4%	-8.4%	-5.0%	1.8M	-114.4M	-1.4M	0.41	2.98	59,345	24,505	570,362	221,385
2021-03-31	$8.43	$10.00	80.1%	23.7%	75.4%	17.9%	92.1%	-2.8%	1.4%	740.3K	-51.0M	-1.2M	0.26	2.16	136,673	35,426	601,509	233,885