BB Options History — March 2022

In March 2022, BB traded between $5.94 and $7.89. ATM implied volatility averaged 79.2%, placing in the 10.3% IV rank vs the trailing year. The 30-day expected move averaged 20.8%. IV traded above realized volatility by 27.0% (HV 20d: 52.2%). Max pain ranged from $7.50 to $8.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.25.

Notable Days

  • 2022-03-25: Highest Volume — 130,580 contracts
  • 2022-03-23: Largest IV spike — 14.6% change
  • 2022-03-29: Highest IV Rank — 15.2%
  • 2022-03-29: Largest Expected Move — 23.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.92$5.94$7.89$6.77$7.47
Max Pain$7.98$7.50$8.00$8.00$8.00
ATM IV79.2%67.8%90.4%81.7%86.2%
Expected Move20.8%18.2%23.4%20.5%22.6%
HV 20d52.2%40.7%60.3%44.8%59.6%
HV 60d47.0%42.8%51.0%43.8%51.0%
IV Rank10.3%5.3%15.2%11.4%13.4%
IV Percentile59.5%29.0%85.3%65.1%80.6%
Term Structure-2.1%-11.6%3.3%-11.6%-9.8%
VWIV75.6%66.6%92.3%71.8%85.8%
Skew 25d-0.9%-18.3%12.7%12.7%-14.8%
Skew 10d-4.3%-41.3%17.4%13.1%-32.8%
Call IV 25d83.2%70.7%104.7%78.5%99.6%
Put IV 25d82.3%72.5%91.2%91.2%84.8%
Bid-Ask Spread %7.302.5022.843.9522.84
Gamma HHI0.120.070.440.090.12
Net GEX1.1M344.4K2.1M796.6K1.5M
Net DEX-26.3M-76.7M4.3M-11.7M-52.9M
Net VEX-490.4K-646.8K-359.1K-457.4K-583.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.090.530.330.53
Total Volume49,618.47816,138130,58023,74474,015
Total OI488,845.913383,946538,157492,722495,089

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-03-01$6.77$8.0081.7%20.5%44.8%11.4%71.8%12.7%-11.6%796.6K-11.7M-457.4K0.333.9517,9065,838393,94498,778
2022-03-02$6.87$8.0075.5%18.2%45.5%8.7%67.7%3.8%0.7%1.0M-13.2M-464.6K0.272.5015,9094,366402,510100,945
2022-03-03$6.68$8.0081.8%20.1%43.2%11.5%71.7%6.2%1.7%844.5K-9.8M-455.0K0.343.1212,0244,114408,46399,903
2022-03-04$6.48$8.0077.7%20.1%40.7%9.7%71.4%3.4%3.3%693.5K-4.0M-430.0K0.382.9419,7827,500410,234100,766
2022-03-07$6.32$8.0081.2%21.5%40.9%11.2%73.5%5.7%-2.2%437.7K-2.5M-419.5K0.193.2025,0184,642392,04895,265
2022-03-08$6.38$8.0079.8%22.0%41.1%10.5%76.3%4.8%1.4%541.9K-4.1M-428.6K0.183.4822,1174,004403,09495,481
2022-03-09$6.76$8.0075.4%19.7%46.9%8.6%71.4%4.5%0.2%894.4K-12.5M-459.0K0.243.1829,4617,185412,22096,754
2022-03-10$6.53$8.0078.1%21.2%47.8%9.8%75.7%6.2%-0.5%747.5K-7.1M-435.2K0.393.9519,8477,651422,49798,338
2022-03-11$6.27$7.5078.2%18.7%49.2%9.9%68.7%2.7%0.0%474.2K-3.7M-438.3K0.383.1219,8987,594427,96699,049
2022-03-14$5.94$8.0081.1%21.4%51.2%11.1%74.3%6.2%-4.1%344.4K4.3M-359.1K0.334.6921,7037,256404,13894,605
2022-03-15$6.09$8.0079.2%21.0%52.5%10.3%74.3%10.0%-4.4%389.9K-153.4K-392.0K0.234.7318,6924,232411,20096,509
2022-03-16$6.53$8.0073.8%19.7%57.1%7.9%70.6%9.1%-1.0%762.9K-13.0M-453.6K0.274.3425,0796,725418,24497,336
2022-03-17$6.83$8.0071.7%19.5%59.7%7.0%69.5%7.1%-1.2%1.1M-18.3M-457.5K0.344.6326,2418,950428,07498,892
2022-03-18$6.97$8.0067.8%19.2%58.7%5.3%67.7%2.7%-0.5%2.1M-23.2M-463.3K0.245.4934,7588,424437,408100,749
2022-03-21$7.12$8.0070.9%19.3%58.3%6.7%68.4%2.4%-2.5%989.7K-27.1M-471.6K0.193.8246,0528,667302,44481,502
2022-03-22$7.50$8.0071.0%19.2%58.5%6.7%66.6%-4.8%-0.9%1.4M-44.4M-535.0K0.127.6776,9139,361324,95185,239
2022-03-23$7.61$8.0081.4%21.1%57.0%11.3%77.2%-17.1%-3.6%1.8M-55.8M-576.9K0.148.05102,46813,881351,87788,408
2022-03-24$7.65$8.0079.1%20.8%54.5%10.3%77.8%-5.6%-0.8%2.1M-61.1M-585.5K0.1012.7161,7036,467388,31088,928
2022-03-25$7.38$8.0084.8%22.1%56.6%12.8%88.9%-15.0%-3.1%1.9M-52.2M-574.1K0.1016.12119,02711,553421,92392,563
2022-03-28$7.61$8.0087.4%23.1%57.2%13.9%88.0%-15.0%-2.1%1.3M-55.7M-589.5K0.0916.2488,4898,367341,59285,244
2022-03-29$7.89$8.0090.4%23.4%58.1%15.2%92.3%-16.8%-4.4%1.7M-76.7M-646.8K0.1313.8264,9828,537378,03887,185
2022-03-30$7.59$8.0086.3%23.2%60.3%13.4%88.5%-18.3%-1.8%1.6M-61.1M-604.0K0.3013.2933,64810,179394,25790,496
2022-03-31$7.47$8.0086.2%22.6%59.6%13.4%85.8%-14.8%-9.8%1.5M-52.9M-583.0K0.5322.8448,24125,774400,87694,213