BB Options History — February 2022

In February 2022, BB traded between $6.27 and $8.15. ATM implied volatility averaged 68.6%, placing in the 5.7% IV rank vs the trailing year. The 30-day expected move averaged 19.3%. IV traded above realized volatility by 21.8% (HV 20d: 46.7%). Max pain ranged from $9.00 to $9.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 0.34.

Notable Days

2022-02-10: Highest Volume — 56,300 contracts
2022-02-15: Largest IV drop — 8.1% change
2022-02-28: Highest IV Rank — 9.3%
2022-02-14: Largest Expected Move — 20.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.08	$6.27	$8.15	$8.15	$6.80
Max Pain	$9.00	$9.00	$9.00	$9.00	$9.00
ATM IV	68.6%	62.4%	76.8%	64.6%	76.8%
Expected Move	19.3%	18.0%	20.4%	18.0%	19.2%
HV 20d	46.7%	43.4%	50.7%	45.6%	48.1%
HV 60d	44.3%	43.0%	46.2%	43.9%	44.7%
IV Rank	5.7%	3.0%	9.3%	3.9%	9.3%
IV Percentile	27.7%	7.5%	52.0%	13.5%	52.0%
Term Structure	2.4%	-0.4%	7.0%	-0.2%	-0.4%
VWIV	70.9%	65.3%	77.6%	65.3%	67.4%
Skew 25d	2.5%	-1.8%	9.5%	2.0%	5.3%
Skew 10d	1.5%	-10.0%	14.2%	2.1%	6.8%
Call IV 25d	70.4%	65.1%	77.0%	66.2%	76.8%
Put IV 25d	72.8%	67.4%	82.1%	68.2%	82.1%
Bid-Ask Spread %	2.91	2.39	3.87	2.83	3.15
Gamma HHI	0.12	0.08	0.21	0.15	0.09
Net GEX	764.2K	175.3K	1.7M	1.7M	653.9K
Net DEX	-10.6M	-38.1M	1.6M	-38.1M	-9.6M
Net VEX	-503.1K	-626.8K	-406.4K	-626.8K	-451.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.34	0.14	0.78	0.22	0.14
Total Volume	34,593.895	23,759	56,300	36,628	28,395
Total OI	536,389.632	477,640	584,299	535,876	477,640

Daily Data (19 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
2022-02-01	$8.15	$9.00	64.6%	18.0%	45.6%	3.9%	65.3%	2.0%	-0.2%	1.7M	-38.1M	-626.8K	0.22	2.83	30,071	6,557	432,006	103,870
2022-02-02	$7.74	$9.00	66.2%	19.2%	48.2%	4.6%	68.4%	-0.5%	1.8%	1.1M	-22.2M	-579.9K	0.19	3.87	35,896	6,791	438,329	105,223
2022-02-03	$7.34	$9.00	69.2%	20.0%	47.7%	5.9%	73.2%	1.9%	0.0%	883.6K	-15.7M	-560.2K	0.36	2.90	23,388	8,439	448,915	106,729
2022-02-04	$7.40	$9.00	66.0%	19.6%	48.0%	4.5%	69.8%	2.8%	0.1%	863.5K	-13.9M	-548.8K	0.62	2.67	17,843	11,097	453,275	108,139
2022-02-07	$7.26	$9.00	66.1%	19.1%	47.8%	4.5%	70.4%	-1.1%	0.6%	737.2K	-9.5M	-501.9K	0.33	2.58	22,287	7,337	420,108	100,957
2022-02-08	$7.30	$9.00	62.4%	18.6%	48.1%	3.0%	68.5%	4.8%	2.7%	756.6K	-11.3M	-514.3K	0.28	3.26	22,664	6,336	429,479	104,645
2022-02-09	$7.38	$9.00	63.8%	18.7%	43.9%	3.6%	70.4%	0.4%	1.2%	1.0M	-16.3M	-531.6K	0.31	2.39	34,520	10,566	439,370	107,574
2022-02-10	$7.25	$9.00	67.1%	19.5%	43.8%	5.0%	71.6%	-0.8%	2.3%	1.1M	-16.1M	-547.8K	0.23	2.75	45,885	10,415	453,237	111,593
2022-02-11	$7.02	$9.00	70.6%	20.3%	44.3%	6.5%	77.0%	0.1%	0.3%	175.3K	-6.0M	-508.3K	0.35	2.48	32,727	11,490	466,854	117,445
2022-02-14	$6.92	$9.00	71.5%	20.4%	43.4%	6.9%	77.6%	-1.8%	0.1%	663.2K	-4.8M	-494.0K	0.19	2.55	36,046	6,867	435,479	109,027
2022-02-15	$7.19	$9.00	65.7%	18.8%	46.9%	4.4%	70.0%	2.2%	1.0%	887.4K	-9.3M	-507.4K	0.29	3.05	20,664	5,944	444,403	110,635
2022-02-16	$7.14	$9.00	64.3%	18.4%	46.9%	3.8%	70.6%	1.5%	2.1%	875.8K	-9.2M	-506.7K	0.33	3.04	18,851	6,127	449,098	111,322
2022-02-17	$6.88	$9.00	65.6%	18.6%	47.8%	4.4%	69.7%	1.1%	5.5%	544.1K	-1.7M	-480.3K	0.45	2.80	18,212	8,276	454,074	112,888
2022-02-18	$6.71	$9.00	67.3%	18.9%	47.4%	5.1%	70.5%	2.8%	4.5%	527.4K	1.6M	-459.9K	0.78	2.47	27,990	21,887	457,466	113,573
2022-02-22	$6.45	$9.00	72.2%	20.0%	45.1%	7.2%	71.7%	3.8%	6.9%	425.3K	-2.4M	-431.7K	0.21	3.32	23,789	4,921	374,146	103,766
2022-02-23	$6.27	$9.00	73.4%	20.2%	45.1%	7.8%	73.8%	3.8%	5.3%	406.5K	717.3K	-406.4K	0.41	3.17	16,837	6,922	383,215	105,262
2022-02-24	$6.62	$9.00	76.2%	20.0%	50.7%	9.0%	74.8%	9.2%	4.3%	678.4K	-8.9M	-450.2K	0.38	3.28	23,785	8,997	389,031	107,351
2022-02-25	$6.69	$9.00	74.1%	19.0%	49.3%	8.1%	66.4%	9.5%	7.0%	568.4K	-9.1M	-450.8K	0.49	2.79	19,083	9,382	395,149	110,130
2022-02-28	$6.80	$9.00	76.8%	19.2%	48.1%	9.3%	67.4%	5.3%	-0.4%	653.9K	-9.6M	-451.5K	0.14	3.15	24,865	3,530	379,684	97,956