BB Options History — February 2024

In February 2024, BB traded between $2.59 and $2.85. ATM implied volatility averaged 59.4%, placing in the 27.9% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded below realized volatility by 9.3% (HV 20d: 68.7%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.29.

Notable Days

  • 2024-02-08: Highest Volume — 19,186 contracts
  • 2024-02-06: Largest IV spike — 31.2% change
  • 2024-02-06: Highest IV Rank — 55.3%
  • 2024-02-27: Largest Expected Move — 17.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.73$2.59$2.85$2.79$2.77
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV59.4%53.7%75.8%53.7%74.8%
Expected Move16.5%15.1%17.5%15.1%16.5%
HV 20d68.7%39.9%82.1%78.7%43.0%
HV 60d63.0%61.6%64.2%63.7%63.4%
IV Rank27.9%18.4%55.3%18.4%53.6%
IV Percentile53.5%23.8%94.0%23.8%94.0%
Term Structure-2.0%-39.1%10.5%-0.5%0.9%
VWIV57.6%52.9%61.7%53.2%59.2%
Skew 25d-2.8%-7.8%3.0%-0.8%-0.9%
Skew 10d-12.9%-34.3%36.4%-11.2%36.4%
Call IV 25d61.5%57.2%68.1%57.8%68.1%
Put IV 25d58.7%51.1%67.2%57.0%67.2%
Bid-Ask Spread %26.418.9344.9628.9644.96
Gamma HHI0.230.140.310.140.25
Net GEX184.4K109.7K242.0K115.2K210.4K
Net DEX-5.1M-8.7M-620.0K-697.0K-8.7M
Net VEX-73.0K-80.9K-60.2K-72.3K-78.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.031.100.160.30
Total Volume9,191.253,30819,1866,01013,016
Total OI203,954.25185,745222,414221,130198,122

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-02-01$2.79$3.0053.7%15.1%78.7%18.4%53.2%-0.8%-0.5%115.2K-697.0K-72.3K0.1628.965,179831174,54546,585
2024-02-02$2.71$3.0056.1%16.4%78.6%22.3%57.3%-2.2%-0.4%109.7K-872.8K-70.7K0.3222.0511,1793,615178,34144,073
2024-02-05$2.63$3.0057.8%16.9%78.9%25.2%59.4%1.4%1.7%135.1K-620.0K-65.7K0.6420.166,6554,283162,43638,648
2024-02-06$2.74$3.0075.8%16.5%81.0%55.3%56.5%-1.3%-39.1%155.3K-3.8M-70.6K0.6621.474,7773,141166,98533,799
2024-02-07$2.75$3.0062.2%16.7%80.2%32.6%56.2%-0.4%-8.1%166.6K-3.9M-68.2K1.1032.002,5582,809169,09033,983
2024-02-08$2.79$3.0057.7%16.0%79.6%25.1%56.4%-1.5%-3.0%170.4K-5.6M-75.7K0.138.9316,9322,254170,03533,529
2024-02-09$2.79$3.0057.5%15.8%79.5%24.7%54.5%0.2%-4.9%224.4K-6.3M-76.3K0.3933.168,7383,428179,32234,765
2024-02-12$2.83$3.0056.2%16.0%79.7%22.5%57.6%-0.7%-5.0%242.0K-6.7M-80.8K0.8222.435,4464,447172,35033,143
2024-02-13$2.71$3.0060.5%17.5%80.6%29.8%59.6%-4.9%-2.6%142.6K-4.2M-71.8K0.1033.575,934606174,83636,324
2024-02-14$2.79$3.0058.3%16.7%81.8%26.0%58.2%-1.3%-0.1%222.2K-6.1M-76.0K0.3020.416,2821,895177,52036,623
2024-02-15$2.85$3.0056.4%16.3%82.1%22.9%58.0%-4.6%-3.0%237.2K-6.9M-80.1K0.0319.318,057208181,23037,690
2024-02-16$2.79$3.0057.4%16.8%81.6%24.6%58.7%-4.6%-4.9%218.1K-6.4M-80.9K0.1235.128,026923183,30937,730
2024-02-20$2.71$3.0058.5%16.5%79.3%26.5%58.8%-7.8%0.6%195.2K-6.1M-75.9K0.0531.979,706497161,67225,721
2024-02-21$2.71$3.0059.4%17.3%79.5%27.9%61.7%-5.8%1.3%186.2K-6.3M-73.9K0.1123.172,969339167,39225,871
2024-02-22$2.65$3.0056.5%17.0%41.7%23.1%60.3%-5.4%2.9%172.7K-5.7M-69.8K0.1130.235,122557169,04225,910
2024-02-23$2.59$3.0054.4%15.6%40.8%19.5%52.9%-6.2%-2.3%147.2K-4.8M-60.2K0.1731.279,6161,666172,53925,738
2024-02-26$2.59$3.0057.5%16.9%39.9%24.8%59.3%3.0%10.5%211.4K-5.1M-66.2K0.099.908,024710165,48120,264
2024-02-27$2.75$3.0057.8%17.5%44.8%25.3%58.0%-5.7%7.8%217.4K-7.5M-73.7K0.1732.036,7221,161169,05120,660
2024-02-28$2.70$3.0059.6%16.1%42.1%28.2%56.0%-5.7%8.7%209.5K-6.8M-72.8K0.1127.184,959558173,33421,397
2024-02-29$2.77$3.0074.8%16.5%43.0%53.6%59.2%-0.9%0.9%210.4K-8.7M-78.7K0.3044.9610,0202,996176,79721,325