BB Options History — December 2022

In December 2022, BB traded between $3.17 and $5.17. ATM implied volatility averaged 71.6%, placing in the 41.6% IV rank vs the trailing year. The 30-day expected move averaged 20.5%. IV traded above realized volatility by 19.7% (HV 20d: 51.9%). Max pain ranged from $4.50 to $5.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.43.

Notable Days

  • 2022-12-21: Highest Volume — 52,806 contracts
  • 2022-12-21: Largest IV drop — 15.8% change
  • 2022-12-30: Highest IV Rank — 63.7%
  • 2022-12-20: Largest Expected Move — 23.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.11$3.17$5.17$5.06$3.25
Max Pain$4.86$4.50$5.00$5.00$4.50
ATM IV71.6%64.1%81.3%64.1%78.1%
Expected Move20.5%16.5%23.2%16.5%21.7%
HV 20d51.9%43.6%60.4%52.0%56.9%
HV 60d53.6%51.1%57.5%51.5%57.2%
IV Rank41.6%21.5%63.7%21.5%63.7%
IV Percentile63.9%28.2%90.9%28.2%86.1%
Term Structure0.5%-3.0%5.0%-0.1%2.1%
VWIV76.3%62.4%87.8%63.4%81.7%
Skew 25d-1.8%-11.6%4.0%1.4%-2.5%
Skew 10d-4.3%-22.9%17.0%3.6%-5.6%
Call IV 25d77.5%65.4%90.6%66.8%84.5%
Put IV 25d75.7%68.2%84.6%68.2%82.0%
Bid-Ask Spread %3.942.4110.703.552.45
Gamma HHI0.240.160.360.360.17
Net GEX302.3K-110.2K765.2K765.2K158.8K
Net DEX518.3K-17.1M11.1M-12.7M3.6M
Net VEX-113.1K-155.0K-81.1K-151.3K-81.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.100.990.100.25
Total Volume21,074.2386,53752,80650,9148,758
Total OI426,712395,107460,469417,099420,621

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$5.06$5.0064.1%16.5%52.0%21.5%63.4%1.4%-0.1%765.2K-12.7M-151.3K0.103.5546,2444,670347,81369,286
2022-12-02$5.17$5.0064.2%17.4%50.8%21.9%62.4%4.0%-1.7%680.5K-17.1M-155.0K0.313.8128,8179,055359,47268,570
2022-12-05$4.83$5.0065.3%18.5%57.5%24.2%66.8%3.1%0.5%596.2K-6.5M-134.8K0.192.6920,1003,826353,22269,030
2022-12-06$4.59$5.0067.4%19.2%53.2%29.3%69.6%2.8%1.4%461.3K-2.7M-132.4K0.333.459,4513,155356,21270,563
2022-12-07$4.39$5.0068.1%19.9%55.2%30.8%70.1%2.6%-0.7%360.5K952.7K-123.0K0.242.418,0891,922359,65571,524
2022-12-08$4.39$5.0068.9%20.1%54.1%32.8%70.5%0.1%0.9%417.2K462.6K-122.2K0.3210.7012,1793,897362,75871,962
2022-12-09$4.39$5.0068.4%20.2%48.6%31.5%68.7%3.7%1.9%279.9K2.4M-118.0K0.442.686,5532,859365,68374,607
2022-12-12$4.42$5.0069.1%20.5%47.8%33.1%71.6%3.8%2.2%274.7K579.9K-118.0K0.402.745,8932,339349,23471,476
2022-12-13$4.46$5.0067.3%20.4%44.1%28.9%70.1%-1.7%3.3%324.2K-775.3K-123.5K0.803.296,6405,296352,50072,755
2022-12-14$4.37$5.0069.0%19.4%43.6%33.0%71.6%-1.2%-2.0%266.8K1.3M-110.0K0.183.725,5261,011353,45074,435
2022-12-15$4.28$5.0073.9%20.8%43.8%44.3%86.9%-1.8%-1.6%292.2K1.4M-112.4K0.593.0324,33014,357356,33074,605
2022-12-16$4.20$5.0076.5%21.8%43.8%50.2%79.9%-3.0%0.9%321.3K906.8K-118.6K0.832.619,6248,009373,68684,287
2022-12-19$4.08$5.0077.4%22.0%44.2%52.3%81.8%-6.3%-0.8%259.9K977.3K-107.4K0.449.3718,6018,126326,00869,099
2022-12-20$4.14$5.0081.3%23.2%44.1%61.4%87.8%-6.0%-0.7%320.7K-1.4M-113.3K0.713.6112,4778,868338,24774,485
2022-12-21$3.73$5.0068.4%19.6%55.8%31.6%79.8%-8.8%0.9%-45.7K8.9M-92.3K0.634.1532,39520,411344,69782,125
2022-12-22$3.42$4.5072.9%21.0%58.8%49.6%85.8%-8.7%-1.7%-110.2K11.1M-87.8K0.193.9028,3245,447360,65583,643
2022-12-23$3.41$4.5075.8%21.9%58.5%57.4%85.9%-11.6%-3.0%203.6K10.3M-93.5K0.993.589,5329,454376,65283,817
2022-12-27$3.31$4.5076.2%22.0%58.6%58.5%80.7%-1.8%0.4%169.0K3.0M-98.9K0.193.8115,7603,026342,41662,525
2022-12-28$3.17$4.5077.7%22.5%58.3%62.6%86.7%-4.6%5.0%185.5K3.4M-92.6K0.653.396,4444,161352,49862,304
2022-12-29$3.27$4.5074.7%22.1%60.4%54.5%79.6%-1.7%4.2%166.4K2.8M-89.0K0.333.815,2101,723355,94362,102
2022-12-30$3.25$4.5078.1%21.7%56.9%63.7%81.7%-2.5%2.1%158.8K3.6M-81.1K0.252.457,0041,754358,06262,559