BB Options History — April 2021

In April 2021, BB traded between $8.18 and $9.47. ATM implied volatility averaged 64.4%, placing in the 7.0% IV rank vs the trailing year. The 30-day expected move averaged 18.4%. IV traded below realized volatility by 4.5% (HV 20d: 68.9%). Max pain ranged from $8.50 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.23.

Notable Days

  • 2021-04-27: Highest Volume — 199,448 contracts
  • 2021-04-06: Largest IV drop — 17.2% change
  • 2021-04-01: Highest IV Rank — 16.4%
  • 2021-04-05: Largest Expected Move — 20.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.93$8.18$9.47$8.55$8.85
Max Pain$9.05$8.50$10.00$10.00$9.00
ATM IV64.4%58.5%79.2%75.0%63.6%
Expected Move18.4%16.9%20.4%20.3%18.2%
HV 20d68.9%52.0%80.3%75.5%52.7%
HV 60d137.0%67.9%165.2%164.5%67.9%
IV Rank7.0%3.1%16.4%16.4%4.7%
IV Percentile41.8%26.6%65.1%61.9%43.3%
Term Structure-1.8%-23.8%2.3%-8.4%-1.7%
VWIV67.3%62.1%78.1%78.1%66.9%
Skew 25d-2.5%-7.2%1.4%-1.8%-3.9%
Skew 10d-7.1%-17.4%5.5%-12.7%-14.6%
Call IV 25d68.2%61.8%80.6%80.6%67.8%
Put IV 25d65.7%59.9%78.8%78.8%63.8%
Bid-Ask Spread %4.042.5310.012.533.87
Gamma HHI0.110.080.190.080.12
Net GEX2.1M932.9K4.8M1.2M2.0M
Net DEX-82.1M-140.6M-35.7M-59.9M-83.4M
Net VEX-1.2M-1.4M-1.1M-1.2M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.130.390.300.34
Total Volume64,262.09532,355199,44888,89248,868
Total OI831,541.286750,755893,141870,499893,141

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-04-01$8.55$10.0075.0%20.3%75.5%16.4%78.1%-1.8%-8.4%1.2M-59.9M-1.2M0.302.5368,44220,450631,084239,415
2021-04-05$9.26$10.0079.2%20.4%80.3%16.4%74.5%-1.5%-23.8%1.9M-99.9M-1.3M0.182.9473,31413,412568,812219,100
2021-04-06$9.05$9.0065.6%19.1%79.3%12.5%70.0%-3.1%0.4%2.0M-88.6M-1.3M0.163.5851,7198,447598,420224,443
2021-04-07$8.95$9.0066.8%19.5%75.7%12.9%69.7%-2.9%-3.4%2.0M-82.7M-1.3M0.163.4269,25010,857606,538226,408
2021-04-08$9.47$9.0066.0%18.9%79.0%12.6%70.4%-7.2%-0.2%3.4M-114.0M-1.3M0.293.6256,73616,353625,009231,137
2021-04-09$9.14$9.0064.5%18.7%78.0%12.2%69.4%-6.2%-1.1%2.3M-86.2M-1.3M0.363.5230,87210,988636,931232,073
2021-04-12$9.05$9.0065.7%19.0%70.3%5.3%69.9%-1.4%2.1%1.8M-76.8M-1.2M0.224.2235,5297,756596,841218,306
2021-04-13$9.12$9.0064.0%18.5%70.4%4.8%67.2%-1.7%0.5%2.0M-80.2M-1.2M0.393.3427,02210,553609,674221,284
2021-04-14$9.02$9.0062.6%17.9%70.4%4.4%65.8%-3.5%-0.4%1.9M-72.8M-1.2M0.343.3827,5999,308614,907224,096
2021-04-15$8.77$9.0060.9%17.5%70.6%3.9%62.7%-1.6%0.5%1.0M-54.1M-1.2M0.202.8238,5727,768621,407226,495
2021-04-16$8.66$9.0058.5%16.9%67.0%3.1%62.1%-2.4%0.4%1.2M-55.1M-1.2M0.332.6934,49711,492632,313228,519
2021-04-19$8.59$9.0060.6%17.4%65.5%3.8%62.4%1.4%-0.2%1.1M-52.6M-1.1M0.193.4027,2005,155541,011209,744
2021-04-20$8.18$9.0062.2%17.9%66.6%4.3%63.6%0.9%0.6%932.9K-35.7M-1.1M0.283.1836,93010,383553,054210,983
2021-04-21$8.61$9.0063.0%18.1%67.9%4.5%65.6%-0.1%0.0%1.5M-59.4M-1.1M0.143.3863,9258,667570,219214,997
2021-04-22$8.66$9.0062.2%17.9%66.2%4.2%64.8%-0.4%-0.9%2.2M-70.0M-1.2M0.184.6469,13312,657589,949217,180
2021-04-23$8.86$8.5059.3%17.1%65.8%3.4%63.2%0.2%-2.7%2.0M-82.1M-1.2M0.233.3734,9008,199614,313221,400
2021-04-26$9.09$9.0061.5%17.6%65.8%4.0%65.3%-2.2%-1.9%2.6M-99.9M-1.3M0.194.0846,3138,639587,156211,779
2021-04-27$9.27$9.0066.8%19.7%64.6%5.7%70.5%-6.0%-0.2%3.1M-123.2M-1.3M0.139.15177,00622,442606,052214,993
2021-04-28$9.35$8.5065.3%18.7%64.2%5.2%68.0%-5.6%2.3%4.8M-140.6M-1.4M0.1410.0171,8639,874656,616225,431
2021-04-29$9.06$9.0060.1%17.8%52.0%3.6%63.9%-2.6%0.2%3.9M-106.0M-1.3M0.193.7039,1157,299662,612228,525
2021-04-30$8.85$9.0063.6%18.2%52.7%4.7%66.9%-3.9%-1.7%2.0M-83.4M-1.3M0.343.8736,48912,379663,983229,158