BB Options History — April 2022

In April 2022, BB traded between $5.62 and $7.09. ATM implied volatility averaged 60.3%, placing in the 2.1% IV rank vs the trailing year. The 30-day expected move averaged 17.3%. IV traded below realized volatility by 3.9% (HV 20d: 64.1%). Max pain ranged from $7.00 to $8.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.44.

Notable Days

  • 2022-04-01: Highest Volume — 103,137 contracts
  • 2022-04-04: Largest IV drop — 17.8% change
  • 2022-04-29: Highest IV Rank — 6.0%
  • 2022-04-01: Largest Expected Move — 19.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.46$5.62$7.09$6.66$5.75
Max Pain$7.10$7.00$8.00$8.00$7.00
ATM IV60.3%55.4%69.0%68.5%69.0%
Expected Move17.3%15.9%19.8%19.8%19.4%
HV 20d64.1%56.3%74.1%72.5%59.8%
HV 60d55.6%54.8%56.3%54.8%55.3%
IV Rank2.1%0.0%6.0%5.6%6.0%
IV Percentile8.9%0.0%33.7%31.3%33.7%
Term Structure0.1%-7.0%2.8%-0.4%-7.0%
VWIV62.1%56.9%72.6%72.6%67.0%
Skew 25d-0.1%-11.2%5.2%-11.2%3.7%
Skew 10d-1.5%-16.6%12.3%-16.6%4.1%
Call IV 25d62.5%56.5%76.3%76.3%67.6%
Put IV 25d62.4%57.4%72.0%65.1%71.3%
Bid-Ask Spread %3.532.755.223.843.15
Gamma HHI0.110.070.220.090.08
Net GEX691.3K116.4K1.3M618.6K328.8K
Net DEX-11.4M-28.8M4.5M-9.4M408.6K
Net VEX-394.5K-495.0K-287.3K-454.1K-305.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.101.600.410.33
Total Volume28,683.115,828103,137103,13715,828
Total OI450,672.4399,089523,377523,377439,416

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-04-01$6.66$8.0068.5%19.8%72.5%5.6%72.6%-11.2%-0.4%618.6K-9.4M-454.1K0.413.8473,36029,777419,313104,064
2022-04-04$7.03$8.0056.3%16.2%74.1%0.3%57.9%-1.4%0.9%958.3K-24.2M-482.3K0.394.4647,01718,159368,38988,318
2022-04-05$7.09$7.0057.2%16.5%74.0%0.7%61.0%-2.6%-1.4%1.3M-28.8M-495.0K0.314.5932,92510,083389,97498,100
2022-04-06$6.91$7.0058.0%16.7%72.1%1.0%58.6%-2.4%-0.2%1.2M-21.1M-456.9K0.475.2215,7647,485402,38999,755
2022-04-07$6.82$7.0058.0%16.9%71.1%1.0%61.0%0.1%0.2%1.1M-18.3M-446.6K0.534.0015,8908,438406,293100,100
2022-04-08$6.82$7.0057.7%16.7%69.3%0.9%64.0%-1.1%0.4%806.4K-18.3M-453.4K0.483.4617,4008,346408,126100,737
2022-04-11$6.75$7.0058.5%17.1%66.1%1.2%62.7%0.3%1.8%789.1K-17.5M-437.4K0.323.5218,4175,896362,58186,430
2022-04-12$6.66$7.0058.1%17.2%66.0%1.0%68.5%-2.3%1.7%801.3K-15.5M-418.3K0.323.0816,5615,290369,52586,852
2022-04-13$6.88$7.0057.7%16.4%62.4%0.9%58.0%0.4%-0.6%1.2M-20.7M-441.4K0.312.7713,6894,282376,16987,634
2022-04-14$6.72$7.0055.9%16.4%60.9%0.1%59.3%-3.6%2.3%739.0K-15.6M-415.6K0.402.9812,9745,220380,65087,466
2022-04-18$6.49$7.0056.9%16.3%61.5%0.5%58.6%-0.4%1.7%644.5K-12.5M-393.8K0.233.0019,9934,585321,04178,048
2022-04-19$6.64$7.0056.1%16.1%61.6%0.2%56.9%2.1%1.0%838.6K-15.4M-395.8K0.253.4913,7263,377327,01279,154
2022-04-20$6.41$7.0055.4%15.9%58.9%0.0%58.3%-1.0%2.8%664.6K-9.2M-365.3K0.504.0011,8425,945332,31779,385
2022-04-21$6.17$7.0059.2%16.9%59.2%1.7%59.4%0.1%1.1%459.6K-5.2M-348.1K1.603.9811,88819,061337,46981,762
2022-04-22$6.05$7.0060.9%17.3%59.0%2.4%60.9%1.9%2.0%116.4K-2.0M-339.5K0.623.4315,1879,363341,81487,921
2022-04-25$6.07$7.0063.4%17.8%58.5%3.5%61.1%3.4%-0.6%368.9K-1.6M-329.9K0.663.1512,8918,546323,86384,953
2022-04-26$5.70$7.0066.8%19.0%59.4%5.0%66.4%4.0%-2.5%274.9K2.8M-301.4K0.362.8812,5874,566329,42888,886
2022-04-27$5.62$7.0067.6%19.3%56.3%5.4%66.2%2.5%-2.0%231.6K4.5M-287.3K0.102.7517,5131,807334,10889,851
2022-04-28$5.88$7.0063.9%18.1%59.8%3.7%62.8%5.2%0.3%446.9K-1.1M-321.7K0.272.7814,1203,864344,20589,950
2022-04-29$5.75$7.0069.0%19.4%59.8%6.0%67.0%3.7%-7.0%328.8K408.6K-305.5K0.333.1511,9093,919348,73590,681