BB Options History — January 2022

In January 2022, BB traded between $7.59 and $9.35. ATM implied volatility averaged 67.6%, placing in the 3.9% IV rank vs the trailing year. The 30-day expected move averaged 19.6%. IV traded above realized volatility by 27.4% (HV 20d: 40.2%). Max pain ranged from $9.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.29.

Notable Days

  • 2022-01-06: Highest Volume — 93,968 contracts
  • 2022-01-24: Largest IV spike — 14.3% change
  • 2022-01-24: Highest IV Rank — 7.5%
  • 2022-01-24: Largest Expected Move — 23.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.70$7.59$9.35$9.35$8.15
Max Pain$9.15$9.00$10.00$10.00$9.00
ATM IV67.6%60.9%79.5%60.9%68.5%
Expected Move19.6%16.9%23.5%16.9%20.0%
HV 20d40.2%34.9%45.5%37.9%45.5%
HV 60d47.6%44.1%52.4%51.3%46.0%
IV Rank3.9%1.6%7.5%1.6%5.6%
IV Percentile21.0%5.6%48.8%6.0%26.6%
Term Structure0.2%-5.9%6.2%0.4%0.6%
VWIV71.4%61.6%83.6%61.6%71.3%
Skew 25d-0.8%-8.0%5.8%-2.8%5.8%
Skew 10d-4.9%-14.2%8.5%-7.3%3.7%
Call IV 25d70.9%64.4%81.6%65.4%67.1%
Put IV 25d70.1%62.5%82.1%62.5%72.9%
Bid-Ask Spread %3.572.0110.552.664.18
Gamma HHI0.130.110.160.150.14
Net GEX1.7M900.7K2.8M2.5M1.5M
Net DEX-49.7M-82.7M-20.2M-81.6M-39.2M
Net VEX-728.8K-849.1K-586.8K-849.1K-625.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.140.430.290.16
Total Volume57,917.0530,23893,96847,09463,949
Total OI776,199.05496,169912,483837,669520,738

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-01-03$9.35$10.0060.9%16.9%37.9%1.6%61.6%-2.8%0.4%2.5M-81.6M-849.1K0.292.6636,41010,684651,792185,877
2022-01-04$9.34$10.0064.2%18.3%37.5%2.7%65.4%-3.8%-0.9%2.7M-82.7M-849.1K0.382.0136,65013,980663,566188,575
2022-01-05$8.82$10.0068.7%19.7%41.6%4.1%74.2%-8.0%-5.9%1.7M-54.5M-794.5K0.422.6437,08615,624673,980192,886
2022-01-06$8.79$9.0066.8%19.2%41.5%3.5%67.1%-2.2%6.2%1.2M-43.2M-774.4K0.263.0774,70619,262681,026199,658
2022-01-07$8.86$9.0065.0%18.8%40.0%2.9%68.2%-3.6%-0.7%1.5M-51.2M-796.2K0.372.7949,35618,058694,309206,502
2022-01-10$8.80$9.0064.9%18.8%39.0%2.9%68.5%-1.6%0.8%1.5M-50.3M-783.4K0.262.9135,3509,087665,345198,221
2022-01-11$9.23$9.0062.5%18.0%42.2%2.2%65.9%-0.5%0.5%2.6M-77.5M-810.5K0.303.3951,86215,735678,991202,153
2022-01-12$9.19$9.0061.2%17.8%42.1%1.7%68.0%-0.6%1.1%2.8M-74.0M-803.0K0.412.5429,38812,174691,134204,871
2022-01-13$8.98$9.0063.1%18.2%42.1%2.3%66.4%-3.6%0.0%2.2M-56.9M-761.8K0.433.3824,23710,443699,045206,529
2022-01-14$9.08$9.0062.8%18.0%41.9%2.2%66.9%0.1%0.3%2.8M-61.3M-750.5K0.362.7629,57310,735705,774206,709
2022-01-18$9.10$9.0067.0%19.2%38.6%3.6%72.0%-1.4%0.3%1.8M-52.7M-733.9K0.153.0275,27311,277673,567190,445
2022-01-19$9.01$9.0067.3%19.3%37.3%3.7%68.4%-1.7%-2.1%1.6M-45.7M-720.2K0.193.4745,4188,731688,488193,212
2022-01-20$8.93$9.0063.8%18.3%34.9%2.5%66.7%-1.0%0.3%1.5M-41.9M-693.5K0.2910.5542,53512,288695,188194,115
2022-01-21$8.64$9.0069.5%19.9%35.7%4.3%71.5%2.7%1.6%900.7K-27.8M-678.7K0.212.6577,05216,095704,100195,542
2022-01-24$8.13$9.0079.5%23.5%40.6%7.5%83.6%0.4%1.0%1.2M-36.2M-660.6K0.235.0952,36412,283397,81498,355
2022-01-25$8.15$9.0075.9%22.2%40.8%6.3%80.4%5.2%0.8%1.3M-39.9M-669.5K0.283.9423,5466,692417,593102,522
2022-01-26$7.94$9.0073.8%21.7%40.7%5.7%79.8%1.1%-1.0%1.1M-29.8M-624.9K0.143.2561,0738,758427,480104,693
2022-01-27$7.59$9.0073.3%22.0%42.1%6.6%80.5%1.3%0.5%992.9K-20.2M-586.8K0.293.6837,87010,842447,290107,408
2022-01-28$7.83$9.0073.1%22.0%42.0%6.9%81.2%-1.5%0.1%1.2M-27.7M-608.5K0.353.3838,54813,347457,965110,523
2022-01-31$8.15$9.0068.5%20.0%45.5%5.6%71.3%5.8%0.6%1.5M-39.2M-625.9K0.164.1854,9778,972418,945101,793