BB Options History — August 2023

In August 2023, BB traded between $4.36 and $5.58. ATM implied volatility averaged 64.7%, placing in the 41.2% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded above realized volatility by 17.4% (HV 20d: 47.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 0.57.

Notable Days

2023-08-25: Highest Volume — 96,426 contracts
2023-08-25: Largest IV spike — 59.2% change
2023-08-25: Highest IV Rank — 100.0%
2023-08-25: Largest Expected Move — 30.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.78	$4.36	$5.58	$5.08	$5.58
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	64.7%	54.5%	102.5%	56.1%	75.4%
Expected Move	18.1%	14.5%	30.2%	14.5%	18.0%
HV 20d	47.3%	39.5%	71.1%	42.8%	62.8%
HV 60d	44.3%	40.3%	53.1%	45.1%	53.0%
IV Rank	41.2%	24.0%	100.0%	27.0%	54.7%
IV Percentile	45.0%	16.7%	100.0%	24.2%	84.5%
Term Structure	1.1%	-3.9%	11.7%	-1.5%	-2.3%
VWIV	69.1%	55.7%	107.1%	64.6%	63.1%
Skew 25d	-6.7%	-18.0%	13.4%	-5.1%	-7.4%
Skew 10d	-19.8%	-104.3%	0.3%	0.3%	-8.8%
Call IV 25d	72.2%	61.5%	109.5%	61.5%	81.5%
Put IV 25d	65.5%	55.9%	91.5%	56.4%	74.2%
Bid-Ask Spread %	8.88	3.79	49.38	6.76	13.23
Gamma HHI	0.24	0.20	0.29	0.25	0.26
Net GEX	785.6K	420.3K	1.8M	1.0M	1.8M
Net DEX	-24.0M	-60.7M	-9.4M	-29.0M	-58.9M
Net VEX	-151.1K	-212.6K	-120.9K	-166.9K	-199.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.57	0.05	2.42	0.05	2.42
Total Volume	18,478.391	4,167	96,426	21,651	28,837
Total OI	295,190.304	262,443	381,274	262,443	381,274

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2023-08-01	$5.08	$5.00	56.1%	14.5%	42.8%	27.0%	64.6%	-5.1%	-1.5%	1.0M	-29.0M	-166.9K	0.05	6.76	20,607	1,044	214,129	48,314
2023-08-02	$4.75	$5.00	60.7%	15.0%	48.3%	36.5%	58.4%	-5.8%	-2.9%	626.6K	-18.5M	-149.4K	0.11	3.79	12,039	1,316	224,248	48,553
2023-08-03	$4.79	$5.00	61.6%	17.2%	43.2%	38.3%	74.4%	-8.2%	-2.7%	739.3K	-21.3M	-159.0K	0.34	5.14	7,737	2,638	224,939	48,970
2023-08-04	$4.76	$5.00	60.7%	16.7%	42.9%	36.4%	67.1%	-8.3%	-1.4%	722.7K	-20.8M	-156.2K	0.31	6.89	8,583	2,656	227,365	50,658
2023-08-07	$4.71	$5.00	59.2%	16.8%	42.6%	33.5%	68.5%	-5.0%	-0.3%	707.6K	-18.8M	-151.0K	0.56	6.47	5,950	3,308	220,476	47,680
2023-08-08	$4.66	$5.00	58.2%	16.3%	42.2%	31.4%	61.7%	-6.8%	-1.0%	656.6K	-16.6M	-145.0K	0.78	7.15	3,655	2,844	223,297	50,180
2023-08-09	$4.59	$5.00	55.5%	16.0%	42.4%	25.9%	61.6%	-8.7%	-0.0%	633.9K	-14.8M	-137.6K	0.41	4.50	2,946	1,221	224,785	51,885
2023-08-10	$4.67	$5.00	54.5%	15.4%	42.2%	24.0%	55.7%	-6.8%	-1.0%	702.0K	-16.6M	-140.4K	0.25	4.37	3,767	956	225,293	52,645
2023-08-11	$4.61	$5.00	56.5%	16.3%	41.2%	28.0%	57.0%	-7.6%	0.5%	495.5K	-14.7M	-132.7K	0.12	4.80	15,771	1,954	225,802	53,321
2023-08-14	$4.61	$5.00	59.9%	17.4%	41.1%	34.9%	62.2%	-6.4%	-2.6%	614.8K	-14.5M	-133.9K	0.06	5.12	11,978	757	226,137	51,517
2023-08-15	$4.49	$5.00	58.9%	17.0%	41.8%	32.8%	62.7%	-7.8%	0.6%	547.0K	-12.3M	-129.2K	0.29	5.37	5,138	1,503	235,631	52,063
2023-08-16	$4.42	$5.00	59.5%	17.1%	42.0%	34.0%	65.7%	-10.5%	-0.6%	504.6K	-10.8M	-124.8K	1.13	10.31	4,435	5,005	238,715	52,895
2023-08-17	$4.36	$5.00	58.9%	16.8%	40.0%	32.7%	66.2%	-11.3%	3.5%	432.5K	-9.4M	-120.9K	1.19	8.58	4,654	5,544	242,601	56,196
2023-08-18	$4.38	$5.00	61.0%	17.6%	39.5%	37.1%	65.3%	-7.8%	-0.8%	420.3K	-11.2M	-130.2K	0.57	6.65	2,900	1,647	245,178	60,535
2023-08-21	$4.41	$5.00	60.0%	17.0%	39.7%	35.0%	65.8%	-2.9%	5.2%	431.0K	-11.9M	-121.4K	0.85	7.26	9,100	7,744	217,798	46,839
2023-08-22	$4.47	$5.00	55.8%	15.3%	40.1%	26.4%	60.2%	-2.4%	8.9%	524.7K	-13.7M	-127.4K	0.65	6.53	4,816	3,110	224,068	52,644
2023-08-23	$4.59	$5.00	61.9%	17.1%	41.4%	39.0%	73.9%	-8.3%	8.1%	660.1K	-17.6M	-132.2K	0.08	5.78	17,608	1,356	228,484	55,535
2023-08-24	$4.45	$5.00	64.4%	17.5%	42.6%	44.0%	70.9%	-6.4%	7.3%	581.9K	-14.1M	-129.2K	0.76	5.64	5,328	4,050	238,819	56,497
2023-08-25	$5.22	$5.00	102.5%	30.2%	71.1%	100.0%	107.1%	-18.0%	2.1%	885.4K	-41.8M	-171.0K	0.28	49.38	75,495	20,931	240,339	58,603
2023-08-28	$5.34	$5.00	89.4%	26.2%	67.6%	78.1%	94.3%	-9.1%	-3.9%	1.3M	-51.1M	-197.5K	0.53	10.86	30,829	16,411	265,556	66,283
2023-08-29	$5.38	$5.00	88.5%	23.9%	67.6%	76.6%	89.8%	-7.6%	-2.1%	1.4M	-53.1M	-206.2K	0.40	7.04	20,594	8,256	282,327	78,434
2023-08-30	$5.53	$5.00	67.9%	20.2%	62.8%	42.1%	72.2%	13.4%	11.7%	1.7M	-60.7M	-212.6K	1.02	12.72	13,870	14,115	287,382	84,487
2023-08-31	$5.58	$5.00	75.4%	18.0%	62.8%	54.7%	63.1%	-7.4%	-2.3%	1.8M	-58.9M	-199.9K	2.42	13.23	8,436	20,401	285,699	95,575