BB Options History — January 2024

In January 2024, BB traded between $2.80 and $3.59. ATM implied volatility averaged 53.6%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 15.5%. IV traded below realized volatility by 12.1% (HV 20d: 65.6%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.40.

Notable Days

  • 2024-01-24: Highest Volume — 67,767 contracts
  • 2024-01-24: Largest IV spike — 27.2% change
  • 2024-01-24: Highest IV Rank — 29.0%
  • 2024-01-24: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.24$2.80$3.59$3.41$2.80
Max Pain$3.52$3.00$4.00$4.00$3.50
ATM IV53.6%46.9%60.1%56.0%52.8%
Expected Move15.5%13.6%18.4%17.5%16.0%
HV 20d65.6%32.5%79.4%65.6%78.7%
HV 60d57.6%52.6%66.4%56.2%63.8%
IV Rank18.2%7.1%29.0%22.2%16.8%
IV Percentile25.5%6.0%57.9%31.3%19.4%
Term Structure-0.6%-3.2%3.1%-1.3%0.6%
VWIV54.3%48.2%66.3%63.6%55.4%
Skew 25d0.0%-4.7%3.4%-0.3%-2.2%
Skew 10d0.4%-25.6%57.8%56.3%-12.2%
Call IV 25d57.0%48.7%62.2%60.4%57.8%
Put IV 25d57.0%49.1%63.7%60.2%55.6%
Bid-Ask Spread %38.436.0257.486.0239.87
Gamma HHI0.230.140.350.180.31
Net GEX71.5K-84.1K331.0K-1.1K200.7K
Net DEX-729.4K-10.3M4.1M3.3M-1.2M
Net VEX-77.4K-88.6K-62.4K-79.0K-71.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.061.000.340.09
Total Volume16,101.195,08567,7678,9048,783
Total OI264,335.905154,885318,071288,927217,544

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-01-02$3.41$4.0056.0%17.5%65.6%22.2%63.6%-0.3%-1.3%-1.1K3.3M-79.0K0.346.026,6522,252225,55963,368
2024-01-03$3.35$4.0059.2%18.0%65.1%27.5%51.0%3.4%-3.2%-21.7K3.5M-78.0K0.087.6011,751936228,51064,173
2024-01-04$3.25$3.5058.5%16.5%64.8%26.3%56.2%2.3%-1.8%-47.2K4.1M-75.0K0.2031.2810,9022,204235,88164,431
2024-01-05$3.25$3.5056.6%16.0%64.9%23.2%55.5%-3.8%-2.5%-34.0K2.7M-80.3K0.4933.806,3333,081241,36865,235
2024-01-08$3.21$3.5057.6%15.8%64.8%24.9%54.9%-0.5%-1.6%-32.7K3.6M-70.4K0.6227.849,0235,553237,69462,886
2024-01-09$3.29$3.5054.6%15.3%62.7%20.0%54.4%-4.7%-1.9%-5.9K1.1M-83.7K0.5418.215,0122,724244,77268,002
2024-01-10$3.38$3.5054.4%14.7%64.1%19.5%53.1%-1.9%-2.1%36.2K137.5K-78.0K0.1954.077,8381,494247,07070,222
2024-01-11$3.40$3.5050.9%13.9%64.4%13.7%50.6%-0.8%-3.1%57.5K-102.8K-84.2K0.1757.484,486756248,07369,727
2024-01-12$3.42$3.5049.1%13.6%61.3%10.7%50.6%-0.0%-2.1%-74.2K237.1K-83.9K0.1848.1910,5691,878247,96070,111
2024-01-16$3.40$3.5049.8%14.3%60.2%11.9%51.4%0.3%0.6%-84.1K651.3K-75.0K0.3348.394,6651,557240,63865,470
2024-01-17$3.33$3.5050.8%14.6%59.8%13.6%52.0%-0.7%-0.1%-35.4K512.3K-74.0K0.3456.613,7871,298243,10161,730
2024-01-18$3.38$3.5049.7%14.3%59.2%11.7%50.8%1.4%-0.9%-33.8K-54.7K-74.7K1.0053.393,7243,710245,32262,668
2024-01-19$3.44$3.5049.4%14.1%59.7%11.1%49.7%1.4%0.8%99.0K419.6K-76.0K0.8949.0217,03115,124246,35765,161
2024-01-22$3.59$3.5046.9%13.8%62.2%7.1%48.2%0.4%2.2%172.5K-9.3M-85.4K0.0646.9918,1321,153125,32629,559
2024-01-23$3.55$3.5047.2%13.9%32.5%7.6%50.3%-1.1%3.1%331.0K-10.3M-88.6K0.1554.515,163797136,47330,103
2024-01-24$2.92$3.5060.1%18.4%76.5%29.0%66.3%1.5%1.7%77.7K-826.2K-62.4K0.6133.1841,96725,800138,11230,010
2024-01-25$2.99$3.0057.2%16.6%76.9%24.2%62.4%1.5%-0.1%318.1K-7.0M-77.7K0.6715.7226,24217,690171,69235,375
2024-01-26$2.90$3.5056.1%16.8%77.2%22.3%56.3%0.9%1.0%150.6K-1.3M-79.5K0.5538.3117,1609,397178,99748,722
2024-01-29$2.98$3.5054.6%15.4%78.3%20.0%54.7%2.7%-1.8%218.9K-4.1M-80.9K0.1437.8011,7221,631162,20746,217
2024-01-30$2.84$3.5053.4%16.8%79.4%17.9%53.0%0.2%0.6%209.7K-1.4M-68.0K0.7348.684,7093,439168,20947,019
2024-01-31$2.80$3.5052.8%16.0%78.7%16.8%55.4%-2.2%0.6%200.7K-1.2M-71.5K0.0939.878,053730170,74146,803