BB Options History — March 2024

In March 2024, BB traded between $2.49 and $3.13. ATM implied volatility averaged 71.5%, placing in the 48.1% IV rank vs the trailing year. The 30-day expected move averaged 19.9%. IV traded above realized volatility by 11.6% (HV 20d: 59.9%). Max pain ranged from $2.50 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 0.16.

Notable Days

  • 2024-03-11: Highest Volume — 48,312 contracts
  • 2024-03-07: Largest IV spike — 12.7% change
  • 2024-03-07: Highest IV Rank — 61.9%
  • 2024-03-15: Largest Expected Move — 21.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.77$2.49$3.13$2.79$2.75
Max Pain$2.88$2.50$3.00$3.00$2.50
ATM IV71.5%60.6%79.7%60.6%69.2%
Expected Move19.9%16.9%21.3%16.9%20.0%
HV 20d59.9%41.2%74.9%43.1%71.5%
HV 60d65.7%63.0%69.8%63.2%65.5%
IV Rank48.1%29.9%61.9%29.9%44.2%
IV Percentile89.3%69.0%98.0%69.0%86.1%
Term Structure9.6%-6.2%80.6%12.5%-5.1%
VWIV73.6%61.5%82.9%61.5%75.2%
Skew 25d-5.8%-13.0%10.8%-2.4%-11.2%
Skew 10d-16.4%-44.0%26.2%26.2%-42.6%
Call IV 25d79.7%60.8%93.2%60.8%79.5%
Put IV 25d73.9%58.5%103.9%58.5%68.3%
Bid-Ask Spread %36.6624.5359.4933.0235.89
Gamma HHI0.260.170.360.300.24
Net GEX304.9K194.8K596.9K234.1K275.4K
Net DEX-10.9M-18.2M-5.8M-8.7M-11.4M
Net VEX-92.9K-114.1K-73.4K-82.6K-97.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.160.060.400.180.10
Total Volume17,841.456,09348,31216,61016,994
Total OI230,716.85200,165267,764205,124246,189

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-03-01$2.79$3.0060.6%16.9%43.1%29.9%61.5%-2.4%12.5%234.1K-8.7M-82.6K0.1833.0214,1012,509181,21023,914
2024-03-04$2.69$3.0067.0%18.5%43.8%40.5%64.1%-1.9%-2.1%214.8K-7.5M-81.5K0.1735.537,5421,296174,82125,344
2024-03-05$2.62$3.0068.0%18.0%43.5%42.2%66.5%0.9%-1.0%194.8K-6.2M-73.4K0.2052.055,0631,030179,47625,865
2024-03-06$2.66$3.0070.8%18.2%41.2%46.9%66.7%-0.9%56.0%201.5K-8.3M-87.8K0.1254.318,259979182,08326,074
2024-03-07$2.73$3.0079.7%18.9%42.3%61.9%68.4%0.2%70.4%228.6K-8.8M-85.0K0.2659.498,1722,105186,73426,564
2024-03-08$2.75$3.0070.3%18.9%42.0%46.2%63.8%-3.9%-5.2%238.5K-9.0M-83.7K0.4053.6511,4574,621189,20828,087
2024-03-11$3.09$3.0071.9%20.7%59.2%48.9%76.7%-5.3%1.8%382.1K-15.2M-100.7K0.1027.4843,7414,571182,01028,328
2024-03-12$3.08$3.0074.5%20.6%59.1%53.1%82.6%-9.9%-1.4%462.7K-15.1M-98.4K0.0630.2827,4261,531200,23629,964
2024-03-13$3.13$3.0078.8%21.1%56.5%60.4%82.9%10.8%-5.5%503.6K-18.2M-114.1K0.1025.1724,8842,504213,38430,568
2024-03-14$3.04$3.0076.4%21.0%57.3%56.4%80.3%-12.0%-3.8%596.9K-16.0M-107.7K0.1931.1621,1303,952224,84032,089
2024-03-15$2.87$3.0076.4%21.3%60.9%56.2%77.6%-9.9%-3.0%318.4K-11.8M-104.5K0.1439.4022,7433,117232,91234,852
2024-03-18$2.65$3.0074.5%21.1%66.9%53.1%76.8%-7.0%-3.3%264.8K-8.2M-84.3K0.1344.9418,0532,357195,55425,825
2024-03-19$2.49$3.0070.9%20.3%69.6%47.1%78.9%-10.5%80.6%257.9K-5.8M-79.3K0.1324.5316,8832,204204,63227,233
2024-03-20$2.63$3.0069.0%19.8%72.7%44.0%73.6%-10.3%-0.9%345.6K-9.7M-88.9K0.1233.1710,1001,260215,68028,195
2024-03-21$2.76$3.0072.0%20.8%74.3%49.0%78.4%-8.0%0.5%298.0K-13.7M-105.0K0.0925.1317,2361,494218,38128,514
2024-03-22$2.67$2.5072.4%20.9%74.9%49.6%72.3%-3.9%0.7%260.1K-10.9M-94.7K0.0624.8613,838801221,02729,226
2024-03-25$2.67$2.5069.5%20.4%74.9%44.7%77.0%-9.4%7.3%289.1K-11.3M-109.1K0.3234.6011,2723,570207,04726,875
2024-03-26$2.67$2.5068.3%20.0%71.6%42.8%72.3%-7.4%-1.1%256.2K-9.9M-88.4K0.1937.165,8651,120212,09427,358
2024-03-27$2.75$2.5070.0%21.0%72.1%45.6%76.1%-13.0%-6.2%274.3K-11.2M-90.7K0.1331.349,8151,234213,88328,061
2024-03-28$2.75$2.5069.2%20.0%71.5%44.2%75.2%-11.2%-5.1%275.4K-11.4M-97.5K0.1035.8915,4091,585217,31128,878