BB Options History — October 2023

In October 2023, BB traded between $3.35 and $4.41. ATM implied volatility averaged 60.8%, placing in the 30.3% IV rank vs the trailing year. The 30-day expected move averaged 17.8%. IV traded below realized volatility by 2.0% (HV 20d: 62.8%). Max pain ranged from $3.50 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.39.

Notable Days

  • 2023-10-05: Highest Volume — 23,998 contracts
  • 2023-10-23: Largest IV drop — 8.2% change
  • 2023-10-05: Highest IV Rank — 39.7%
  • 2023-10-02: Largest Expected Move — 20.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.66$3.35$4.41$4.41$3.58
Max Pain$4.34$3.50$5.00$5.00$3.50
ATM IV60.8%54.8%66.4%65.4%57.6%
Expected Move17.8%16.2%20.2%20.2%18.0%
HV 20d62.8%44.9%89.1%89.1%69.2%
HV 60d72.0%67.7%74.7%67.7%74.7%
IV Rank30.3%20.3%39.7%37.9%24.8%
IV Percentile39.8%18.7%55.6%51.2%31.7%
Term Structure-0.6%-4.0%2.3%-4.0%0.7%
VWIV63.8%56.3%73.3%72.1%63.8%
Skew 25d-0.9%-3.8%3.9%-1.0%-0.4%
Skew 10d0.1%-21.9%28.0%-1.1%5.4%
Call IV 25d63.5%55.7%71.2%67.1%61.0%
Put IV 25d62.6%58.2%67.4%66.1%60.6%
Bid-Ask Spread %19.355.8555.896.1625.75
Gamma HHI0.150.120.220.210.13
Net GEX140.6K80.3K231.3K225.8K156.8K
Net DEX5.4M453.5K10.1M453.5K761.8K
Net VEX-87.6K-138.6K-65.9K-137.1K-78.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.061.340.630.06
Total Volume8,442.9552,53723,99819,40711,019
Total OI280,983.773246,050309,339288,884252,484

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$4.41$5.0065.4%20.2%89.1%37.9%72.1%-1.0%-4.0%225.8K453.5K-137.1K0.636.1611,9137,494222,41466,470
2023-10-03$4.33$5.0064.9%19.8%89.1%37.1%70.0%3.9%-1.7%231.3K595.1K-138.6K0.867.065,3344,606226,55365,650
2023-10-04$4.26$5.0064.0%19.8%89.1%35.7%70.5%-0.2%-1.9%184.3K1.8M-132.4K0.1615.965,597916229,29968,256
2023-10-05$3.79$5.0066.4%18.1%77.2%39.7%67.5%-3.8%-1.9%95.7K8.5M-105.1K0.2823.5018,6905,308233,14667,963
2023-10-06$3.77$5.0065.1%18.0%77.0%37.4%64.0%-2.6%0.3%111.0K8.4M-101.3K0.4422.049,2074,039240,56868,771
2023-10-09$3.62$5.0064.5%18.4%51.5%36.4%73.3%-1.5%0.4%129.3K9.2M-86.8K0.467.616,4172,920224,08366,031
2023-10-10$3.59$5.0061.8%17.9%50.5%31.9%63.0%-2.3%1.8%142.3K8.9M-85.1K0.236.265,1361,198227,81465,296
2023-10-11$3.58$5.0060.4%17.5%45.4%29.5%62.4%-3.2%1.1%150.8K9.0M-84.5K0.337.492,420791230,02765,311
2023-10-12$3.50$4.0061.2%17.8%45.4%30.9%62.5%-3.8%2.2%162.0K9.5M-78.1K0.576.473,2061,826231,48364,527
2023-10-13$3.46$4.0063.6%18.6%44.9%35.0%65.7%-2.5%0.5%84.4K10.1M-76.9K0.236.388,4691,912233,04065,331
2023-10-16$3.71$4.0060.2%17.2%55.2%29.2%59.9%-3.2%-1.0%160.2K6.2M-89.3K0.126.708,7841,031221,56261,454
2023-10-17$3.71$4.0059.0%16.9%55.6%27.2%58.9%-3.3%-0.9%193.6K6.4M-86.9K0.447.502,9311,293226,14061,920
2023-10-18$3.52$4.0060.4%17.3%56.7%29.6%60.8%1.2%-3.1%148.9K8.3M-76.3K0.385.853,5851,371227,54462,012
2023-10-19$3.42$4.0060.7%17.5%56.2%30.1%63.0%-2.4%-3.2%160.2K8.9M-71.0K0.226.952,404523228,54461,975
2023-10-20$3.38$4.0061.2%17.7%55.9%30.8%64.4%-2.6%-1.9%80.3K9.1M-69.4K0.3124.435,4571,677230,01161,308
2023-10-23$3.35$4.0056.2%16.3%56.0%22.5%57.1%1.9%-1.7%89.9K3.5M-65.9K1.3415.504,9116,577200,86945,181
2023-10-24$3.55$4.0054.8%16.2%62.4%20.3%56.3%2.6%0.9%117.2K1.6M-75.4K0.3534.895,0231,755203,84750,205
2023-10-25$3.46$4.0056.5%16.6%62.2%23.0%60.5%1.6%0.9%128.3K2.7M-68.0K0.6255.621,566971207,11151,169
2023-10-26$3.41$4.0058.2%16.7%62.2%25.9%64.9%2.5%-3.3%120.6K2.6M-70.2K0.2055.893,591720207,99451,114
2023-10-27$3.38$4.0057.9%17.0%62.2%25.5%60.7%-1.6%-0.8%91.4K2.7M-70.5K0.1741.983,547607208,49451,581
2023-10-30$3.69$4.0058.3%17.5%68.9%26.1%61.4%1.8%2.3%129.7K470.8K-80.6K0.1735.727,7231,280202,89744,194
2023-10-31$3.58$3.5057.6%18.0%69.2%24.8%63.8%-0.4%0.7%156.8K761.8K-78.5K0.0625.7510,414605207,79344,691