BB Options History — June 2023

In June 2023, BB traded between $4.79 and $5.58. ATM implied volatility averaged 56.4%, placing in the 22.6% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded above realized volatility by 24.7% (HV 20d: 31.6%). 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 2 of 21 days. Put/call ratio averaged 0.30.

Notable Days

  • 2023-06-29: Highest Volume — 86,754 contracts
  • 2023-06-29: Largest IV drop — 29.0% change
  • 2023-06-28: Highest IV Rank — 52.2%
  • 2023-06-28: Largest Expected Move — 21.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.14$4.79$5.58$5.38$5.58
Max Pain$4.90$4.00$5.00$4.00$5.00
ATM IV56.4%45.4%70.0%56.1%45.4%
Expected Move15.4%12.8%21.6%12.8%13.1%
HV 20d31.6%20.4%44.7%44.0%42.7%
HV 60d48.1%40.1%49.9%49.9%43.0%
IV Rank22.6%0.0%52.2%22.1%0.0%
IV Percentile15.8%0.0%64.3%11.1%0.0%
Term Structure-2.6%-6.7%2.1%-2.0%-0.6%
VWIV56.9%47.4%77.6%48.3%48.0%
Skew 25d0.0%-2.7%3.6%0.9%-1.8%
Skew 10d5.8%-10.8%43.4%-2.8%-3.4%
Call IV 25d59.2%48.2%72.0%58.5%48.2%
Put IV 25d59.3%46.4%70.9%59.3%46.4%
Bid-Ask Spread %6.372.7615.123.103.29
Gamma HHI0.230.160.320.240.29
Net GEX636.7K355.2K1.1M858.6K1.1M
Net DEX-21.5M-36.8M-11.9M-27.5M-36.8M
Net VEX-127.2K-159.0K-112.2K-138.2K-159.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.031.570.030.34
Total Volume17,436.814,80586,75410,94945,632
Total OI198,771.476165,110256,886199,458256,886

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-06-01$5.38$4.0056.1%12.8%44.0%22.1%48.3%0.9%-2.0%858.6K-27.5M-138.2K0.033.1010,655294155,05244,406
2023-06-02$5.31$4.0055.7%13.7%44.7%21.2%47.4%-1.2%-2.2%667.7K-26.0M-133.7K0.132.766,427818156,04044,426
2023-06-05$5.21$5.0057.2%14.9%39.5%24.5%53.5%1.2%0.7%677.2K-22.3M-128.0K0.123.959,6131,115151,53243,196
2023-06-06$5.29$5.0055.7%14.7%35.4%21.1%55.4%3.6%-0.8%723.6K-24.2M-129.7K0.105.074,376429154,83543,964
2023-06-07$5.19$5.0055.8%13.8%36.1%21.4%50.9%-1.3%-1.0%700.7K-22.6M-135.1K0.295.068,6162,460156,22944,241
2023-06-08$5.21$5.0056.0%13.8%32.4%21.9%48.6%3.5%-3.0%635.0K-22.9M-126.7K0.365.716,2862,256159,27944,787
2023-06-09$5.17$5.0052.8%14.0%31.6%15.0%49.8%1.9%-1.5%612.2K-22.8M-126.8K0.086.507,906614161,67446,453
2023-06-12$5.25$5.0057.1%14.8%30.4%24.1%54.5%1.4%-6.7%649.1K-23.1M-126.2K0.105.725,451528154,38844,182
2023-06-13$5.21$5.0054.5%14.5%29.1%18.5%54.7%-0.3%-3.7%691.9K-23.0M-124.4K0.145.9912,1521,677157,12844,518
2023-06-14$5.17$5.0055.3%14.3%28.9%20.2%54.0%2.0%-5.3%760.8K-24.1M-136.5K0.085.965,670444162,85445,736
2023-06-15$5.16$5.0054.4%14.1%20.4%18.3%54.7%0.2%-6.4%733.6K-22.4M-123.6K0.186.146,5901,198162,88646,454
2023-06-16$5.11$5.0051.9%14.0%20.5%12.9%52.7%-1.0%-4.8%428.3K-22.6M-127.7K0.225.4214,4663,185163,91547,208
2023-06-20$4.96$5.0053.2%15.1%22.6%15.7%58.8%-1.5%-1.4%499.9K-13.9M-113.6K0.2214.166,8051,485139,40025,710
2023-06-21$4.84$5.0052.8%15.1%23.3%14.9%56.0%-0.4%2.1%468.7K-11.9M-113.3K0.276.087,0671,887142,67026,919
2023-06-22$4.96$5.0056.4%16.4%24.3%22.7%61.4%-2.7%-4.0%629.3K-14.8M-114.5K0.2015.127,8561,553146,89427,188
2023-06-23$4.79$5.0062.5%18.1%26.6%35.9%70.8%-1.6%-2.3%355.2K-12.5M-112.2K0.1913.209,5061,792152,20328,255
2023-06-26$4.79$5.0064.4%19.9%26.6%40.0%71.8%0.8%-2.4%397.4K-13.8M-113.6K1.575.037,28511,416146,62725,912
2023-06-27$5.04$5.0066.7%20.9%32.9%45.0%75.9%-1.1%-3.1%482.7K-18.7M-126.1K0.815.8113,87611,247150,52536,401
2023-06-28$5.00$5.0070.0%21.6%32.9%52.2%77.6%-1.1%-4.2%475.8K-19.3M-126.4K0.684.6923,07315,713158,16046,216
2023-06-29$5.33$5.0049.7%13.6%39.7%8.1%50.3%-0.5%-1.5%863.8K-26.8M-135.6K0.285.0267,86518,889169,85159,001
2023-06-30$5.58$5.0045.4%13.1%42.7%0.0%48.0%-1.8%-0.6%1.1M-36.8M-159.0K0.343.2934,04911,583187,95668,930