BB Options History — July 2021

In July 2021, BB traded between $9.86 and $12.23. ATM implied volatility averaged 76.4%, placing in the 8.6% IV rank vs the trailing year. The 30-day expected move averaged 21.5%. IV traded above realized volatility by 19.9% (HV 20d: 56.6%). Max pain ranged from $10.50 to $12.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.23.

Notable Days

2021-07-28: Highest Volume — 260,837 contracts
2021-07-28: Largest IV spike — 14.9% change
2021-07-28: Highest IV Rank — 13.5%
2021-07-28: Largest Expected Move — 26.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.85	$9.86	$12.23	$12.23	$10.18
Max Pain	$11.33	$10.50	$12.00	$11.00	$10.50
ATM IV	76.4%	67.0%	92.3%	81.1%	82.1%
Expected Move	21.5%	19.6%	26.0%	22.1%	21.5%
HV 20d	56.6%	46.2%	85.0%	85.0%	58.1%
HV 60d	91.4%	89.9%	93.5%	90.8%	93.5%
IV Rank	8.6%	5.7%	13.5%	10.1%	10.4%
IV Percentile	58.6%	50.0%	66.3%	62.7%	62.7%
Term Structure	0.4%	-3.3%	3.7%	-1.9%	-0.4%
VWIV	83.4%	73.6%	100.6%	85.8%	88.0%
Skew 25d	-13.6%	-26.3%	-5.7%	-16.1%	-20.7%
Skew 10d	-33.3%	-56.5%	-14.2%	-39.8%	-46.8%
Call IV 25d	87.6%	74.0%	112.0%	92.6%	98.6%
Put IV 25d	74.0%	66.4%	85.7%	76.6%	77.9%
Bid-Ask Spread %	3.32	2.52	4.45	2.52	3.62
Gamma HHI	0.10	0.06	0.46	0.09	0.06
Net GEX	3.2M	655.7K	10.4M	4.7M	2.5M
Net DEX	-177.0M	-276.8M	-102.2M	-276.8M	-165.1M
Net VEX	-1.6M	-1.8M	-1.4M	-1.8M	-1.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.23	0.12	0.36	0.21	0.23
Total Volume	100,112.714	52,392	260,837	104,359	82,677
Total OI	1,028,820.476	891,090	1,133,763	1,117,077	1,078,319

Daily Data (21 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
2021-07-01	$12.23	$11.00	81.1%	22.1%	85.0%	10.1%	85.8%	-16.1%	-1.9%	4.7M	-276.8M	-1.8M	0.21	2.52	86,368	17,991	778,167	338,910
2021-07-02	$11.97	$11.00	80.4%	22.3%	73.7%	9.8%	85.0%	-14.9%	0.6%	10.4M	-249.3M	-1.8M	0.25	2.56	103,742	25,456	788,197	345,566
2021-07-06	$12.03	$12.00	79.0%	22.5%	59.6%	9.4%	84.9%	-14.0%	-1.0%	3.8M	-248.6M	-1.7M	0.17	2.95	91,928	15,840	714,816	315,273
2021-07-07	$11.47	$12.00	79.3%	22.2%	59.3%	9.5%	83.8%	-15.1%	-0.5%	3.2M	-204.9M	-1.7M	0.36	3.31	85,327	31,062	741,993	320,367
2021-07-08	$11.53	$12.00	78.7%	23.0%	57.9%	9.3%	87.9%	-13.0%	0.9%	3.3M	-212.0M	-1.7M	0.21	3.15	84,884	17,415	762,353	332,234
2021-07-09	$11.77	$12.00	74.3%	21.5%	54.3%	8.0%	81.3%	-11.3%	1.3%	3.3M	-228.0M	-1.7M	0.34	3.63	66,532	22,611	770,324	335,708
2021-07-12	$11.27	$12.00	73.4%	20.6%	55.1%	7.7%	76.2%	-9.1%	-1.6%	2.6M	-185.3M	-1.6M	0.21	2.85	67,612	13,961	717,427	312,287
2021-07-13	$11.10	$12.00	70.6%	20.4%	55.1%	6.8%	76.6%	-9.2%	1.1%	2.3M	-168.0M	-1.6M	0.24	2.77	42,171	10,221	743,214	316,293
2021-07-14	$10.65	$12.00	67.0%	19.6%	56.0%	5.7%	75.2%	-7.6%	0.8%	1.9M	-134.6M	-1.5M	0.33	2.56	60,555	20,165	753,123	319,310
2021-07-15	$10.48	$12.00	70.4%	20.1%	50.8%	6.8%	78.2%	-8.1%	0.2%	1.8M	-126.3M	-1.5M	0.31	3.14	70,837	22,253	763,639	323,120
2021-07-16	$10.09	$12.00	70.7%	19.7%	47.4%	6.9%	73.6%	-5.7%	-3.3%	655.7K	-102.2M	-1.5M	0.32	2.95	75,931	24,574	782,537	326,425
2021-07-19	$9.86	$11.00	73.9%	21.1%	46.2%	7.9%	82.9%	-7.8%	1.7%	2.0M	-107.9M	-1.4M	0.34	3.28	64,820	21,926	634,175	256,915
2021-07-20	$10.66	$11.00	74.5%	21.3%	56.4%	8.0%	84.2%	-12.5%	0.2%	3.1M	-174.9M	-1.6M	0.16	3.82	130,229	20,465	663,547	261,783
2021-07-21	$10.81	$11.00	75.2%	21.6%	52.8%	8.2%	83.1%	-12.8%	1.0%	3.9M	-186.4M	-1.6M	0.12	3.67	81,830	10,173	688,317	266,686
2021-07-22	$10.38	$11.00	71.4%	20.4%	53.9%	7.1%	78.0%	-12.3%	2.2%	3.3M	-149.5M	-1.5M	0.15	3.94	63,015	9,342	718,612	269,553
2021-07-23	$10.19	$11.00	70.8%	20.0%	52.8%	6.9%	83.4%	-11.6%	2.8%	2.5M	-134.9M	-1.5M	0.22	3.56	50,270	10,845	738,930	271,424
2021-07-26	$10.16	$11.00	79.5%	21.3%	51.4%	9.6%	82.8%	-17.2%	-0.9%	2.5M	-137.7M	-1.5M	0.15	3.34	72,692	10,973	673,473	251,822
2021-07-27	$9.90	$10.50	80.3%	22.8%	47.2%	9.8%	88.9%	-19.5%	1.0%	2.2M	-126.7M	-1.5M	0.16	3.82	62,793	10,068	688,132	253,802
2021-07-28	$10.77	$10.50	92.3%	26.0%	57.1%	13.5%	100.6%	-26.3%	1.5%	3.9M	-215.7M	-1.7M	0.14	3.81	228,568	32,269	721,371	256,608
2021-07-29	$10.36	$10.50	80.4%	22.1%	58.2%	9.8%	90.8%	-21.1%	3.7%	3.5M	-183.2M	-1.6M	0.26	4.45	64,847	17,129	751,265	259,213
2021-07-30	$10.18	$10.50	82.1%	21.5%	58.1%	10.4%	88.0%	-20.7%	-0.4%	2.5M	-165.1M	-1.6M	0.23	3.62	67,149	15,528	811,602	266,717