BB Options History — May 2021

In May 2021, BB traded between $7.97 and $10.05. ATM implied volatility averaged 72.3%, placing in the 7.4% IV rank vs the trailing year. The 30-day expected move averaged 20.5%. IV traded above realized volatility by 24.5% (HV 20d: 47.8%). Max pain ranged from $9.00 to $9.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.19.

Notable Days

  • 2021-05-28: Highest Volume — 619,877 contracts
  • 2021-05-26: Largest IV spike — 47.5% change
  • 2021-05-27: Highest IV Rank — 21.1%
  • 2021-05-28: Largest Expected Move — 32.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.62$7.97$10.05$8.61$10.05
Max Pain$9.00$9.00$9.00$9.00$9.00
ATM IV72.3%55.7%116.9%55.7%108.3%
Expected Move20.5%16.5%32.6%16.9%32.6%
HV 20d47.8%39.8%58.9%44.8%58.0%
HV 60d63.9%59.4%67.7%67.7%62.4%
IV Rank7.4%2.3%21.1%2.3%18.4%
IV Percentile51.1%19.0%86.5%19.0%83.3%
Term Structure0.5%-28.9%9.9%3.1%-3.0%
VWIV77.1%60.7%124.6%62.0%122.2%
Skew 25d-8.2%-56.4%17.2%-5.7%-47.1%
Skew 10d-13.7%-160.2%83.8%-14.4%-64.9%
Call IV 25d80.0%57.0%158.0%61.1%142.4%
Put IV 25d71.9%54.1%101.6%55.3%95.4%
Bid-Ask Spread %12.622.3148.5019.435.64
Gamma HHI0.150.100.450.120.45
Net GEX2.4M1.3M7.0M1.6M7.0M
Net DEX-82.5M-227.6M-35.4M-66.3M-227.6M
Net VEX-1.2M-1.5M-1.1M-1.2M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.190.070.410.190.18
Total Volume100,977.9524,790619,87735,445619,877
Total OI864,948.4816,682990,088826,132990,088

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-05-03$8.61$9.0055.7%16.9%44.8%2.3%62.0%-5.7%3.1%1.6M-66.3M-1.2M0.1919.4329,7325,713605,292220,840
2021-05-04$8.32$9.0059.8%18.1%45.6%3.5%64.7%-8.7%5.7%1.3M-48.1M-1.1M0.183.1338,7706,979616,665224,287
2021-05-05$8.23$9.0060.0%17.0%45.6%3.6%60.7%1.3%2.7%1.5M-44.9M-1.1M0.232.5420,2354,555626,707224,504
2021-05-06$8.07$9.0060.1%17.8%39.8%3.6%72.4%2.4%0.8%1.3M-35.4M-1.1M0.193.0132,1916,068631,867225,779
2021-05-07$8.44$9.0056.2%16.8%42.5%2.4%62.0%0.5%0.8%3.1M-58.3M-1.2M0.412.4827,14911,124638,056226,209
2021-05-10$8.14$9.0060.5%17.7%44.0%3.8%68.4%0.2%0.1%1.3M-42.4M-1.1M0.212.3128,4746,109604,044220,646
2021-05-11$8.30$9.0061.9%19.0%44.7%4.2%71.5%0.3%5.8%1.6M-51.5M-1.1M0.212.7026,6905,508617,091223,742
2021-05-12$7.97$9.0068.0%19.7%46.4%6.0%72.7%-0.9%1.6%1.3M-36.7M-1.1M0.223.1020,4544,598624,451225,049
2021-05-13$8.02$9.0095.2%22.3%45.9%14.4%82.5%17.2%-28.9%1.4M-45.4M-1.1M0.1448.5098,70213,577630,645225,682
2021-05-14$8.43$9.0070.5%20.4%49.6%6.8%73.9%0.3%1.3%3.4M-73.5M-1.2M0.1717.7867,32111,611657,012231,798
2021-05-17$8.44$9.0066.3%19.0%49.6%5.5%71.0%-1.8%7.7%2.0M-66.2M-1.2M0.197.3221,7994,121633,916227,234
2021-05-18$8.80$9.0070.6%20.2%48.3%6.8%75.2%-6.6%4.2%2.6M-95.2M-1.2M0.0910.1267,6066,053642,894229,041
2021-05-19$8.51$9.0073.5%21.1%46.6%7.7%78.2%-4.1%2.8%2.3M-75.8M-1.2M0.1316.2522,9632,930660,732230,242
2021-05-20$8.77$9.0068.7%19.5%47.8%6.3%72.7%-2.5%4.6%3.2M-91.2M-1.2M0.2117.3826,1545,601664,191230,910
2021-05-21$8.57$9.0067.7%18.9%47.8%5.9%71.8%-4.0%5.2%2.7M-78.4M-1.2M0.3618.2828,73810,204665,552233,305
2021-05-24$8.61$9.0060.3%16.5%46.8%3.7%62.5%-5.6%-4.6%1.8M-66.2M-1.1M0.1617.9622,8823,742598,742217,940
2021-05-25$8.61$9.0067.0%18.9%46.0%5.7%74.8%-16.7%9.9%2.0M-72.4M-1.1M0.0733.3461,5414,235606,301219,467
2021-05-26$9.48$9.0098.7%25.2%58.1%15.5%97.4%-25.3%-6.0%3.1M-158.2M-1.4M0.1010.46250,05424,459625,936221,105
2021-05-27$9.93$9.00116.9%32.3%58.9%21.1%124.6%-56.4%-4.2%3.6M-216.3M-1.5M0.1210.66331,42639,614667,824233,182
2021-05-28$10.05$9.00108.3%32.6%58.0%18.4%122.2%-47.1%-3.0%7.0M-227.6M-1.5M0.185.64527,03192,846735,146254,942