BB Options History — November 2022

In November 2022, BB traded between $4.30 and $5.04. ATM implied volatility averaged 60.8%, placing in the 13.8% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded above realized volatility by 5.2% (HV 20d: 55.6%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.65.

Notable Days

  • 2022-11-07: Highest Volume — 25,411 contracts
  • 2022-11-10: Largest IV drop — 13.3% change
  • 2022-11-29: Highest IV Rank — 25.2%
  • 2022-11-03: Largest Expected Move — 18.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.73$4.30$5.04$4.67$4.88
Max Pain$4.90$4.00$5.00$4.00$5.00
ATM IV60.8%54.8%65.7%60.3%63.3%
Expected Move17.0%15.6%18.9%17.6%16.0%
HV 20d55.6%52.3%59.9%52.3%55.5%
HV 60d50.8%47.6%52.6%48.4%51.1%
IV Rank13.8%0.0%25.2%12.4%19.8%
IV Percentile14.9%0.0%35.3%9.9%21.8%
Term Structure1.8%-2.8%7.1%-0.6%-0.2%
VWIV61.6%55.8%66.9%61.0%60.1%
Skew 25d5.0%-2.3%9.9%7.0%5.4%
Skew 10d10.2%-14.0%22.3%12.0%10.4%
Call IV 25d61.9%53.4%68.7%59.3%62.6%
Put IV 25d66.9%59.6%73.0%66.3%68.1%
Bid-Ask Spread %5.682.7027.666.752.76
Gamma HHI0.310.200.600.310.40
Net GEX480.9K232.7K1.1M416.8K672.9K
Net DEX-3.5M-11.2M2.5M-3.1M-6.1M
Net VEX-142.2K-156.8K-130.9K-149.2K-136.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.082.261.120.08
Total Volume12,677.815,07125,4119,29715,204
Total OI397,550.571383,158410,960394,474407,419

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-11-01$4.67$4.0060.3%17.6%52.3%12.4%61.0%7.0%-0.6%416.8K-3.1M-149.2K1.126.754,3914,906327,62266,852
2022-11-02$4.41$4.0063.0%17.7%55.7%18.8%62.2%-2.1%-1.1%328.8K516.9K-139.7K0.609.374,0802,445328,31366,954
2022-11-03$4.30$5.0061.1%18.9%55.9%14.3%66.7%-2.3%-0.1%272.5K2.3M-133.9K0.465.664,4552,039329,47767,003
2022-11-04$4.39$5.0059.5%18.9%53.7%10.5%62.2%4.3%1.9%232.7K2.5M-130.9K0.436.988,2023,504330,85266,838
2022-11-07$4.76$5.0058.8%16.9%59.8%8.9%60.7%6.8%-0.9%385.5K-3.8M-144.6K0.114.3622,8772,534319,64563,513
2022-11-08$4.80$5.0058.2%17.0%54.8%7.5%65.6%7.8%0.4%489.0K-5.7M-155.1K0.464.697,7063,578329,96063,844
2022-11-09$4.64$5.0063.2%17.8%56.7%19.3%66.9%6.3%-1.6%418.4K-2.0M-139.3K2.264.463,2607,382332,79763,599
2022-11-10$4.93$5.0054.8%16.0%59.9%0.0%59.6%6.6%1.9%684.0K-7.3M-151.7K0.434.028,2543,564333,15467,708
2022-11-11$5.04$5.0055.5%16.0%56.4%1.6%56.9%6.2%0.9%1.1M-11.2M-156.8K0.274.0415,1644,133334,59767,890
2022-11-14$4.76$5.0059.3%17.0%55.9%10.4%60.7%2.3%4.4%440.7K-3.4M-143.0K0.343.669,1283,092329,34962,973
2022-11-15$4.86$5.0057.6%16.6%56.0%6.6%65.9%5.6%5.0%589.8K-5.7M-148.0K0.923.877,4176,855334,30363,839
2022-11-16$4.80$5.0059.2%17.0%54.4%10.2%60.0%4.4%4.0%505.9K-4.6M-149.5K0.682.997,2544,947336,63065,713
2022-11-17$4.71$5.0063.2%17.8%54.5%19.6%64.4%3.4%6.1%463.4K-2.4M-141.0K1.234.566,5918,080339,10065,766
2022-11-18$4.75$5.0062.9%17.4%54.2%18.9%65.4%3.4%7.1%322.6K-3.3M-150.8K0.742.709,6827,137340,94670,014
2022-11-21$4.61$5.0065.7%17.8%55.5%25.2%63.8%3.9%-0.3%379.3K-552.5K-132.5K0.655.105,9293,843325,31264,611
2022-11-22$4.66$5.0064.6%16.9%54.2%22.8%57.7%5.8%3.8%408.1K-1.7M-133.2K1.2527.665,8997,373327,00665,088
2022-11-23$4.84$5.0056.3%15.6%55.5%3.6%57.0%8.2%6.9%461.2K-4.1M-133.6K1.034.707,8348,037328,54167,998
2022-11-25$4.86$5.0060.9%15.9%55.5%14.2%55.8%9.9%1.1%461.3K-5.2M-138.5K0.373.983,7091,362332,54968,689
2022-11-28$4.80$5.0063.8%16.3%55.4%21.0%62.6%4.3%1.3%491.4K-3.5M-132.2K0.143.769,8411,396328,94464,078
2022-11-29$4.84$5.0065.7%16.6%55.5%25.2%58.9%7.5%-2.8%567.0K-6.1M-147.0K0.093.2812,0351,115334,27764,799
2022-11-30$4.88$5.0063.3%16.0%55.5%19.8%60.1%5.4%-0.2%672.9K-6.1M-136.4K0.082.7614,1181,086342,13465,285