BB Options History — April 2024

In April 2024, BB traded between $2.69 and $3.20. ATM implied volatility averaged 59.5%, placing in the 28.1% IV rank vs the trailing year. The 30-day expected move averaged 17.7%. IV traded below realized volatility by 4.7% (HV 20d: 64.2%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.25.

Notable Days

  • 2024-04-04: Highest Volume — 70,229 contracts
  • 2024-04-04: Largest IV drop — 36.0% change
  • 2024-04-03: Highest IV Rank — 74.3%
  • 2024-04-03: Largest Expected Move — 31.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.86$2.69$3.20$2.69$2.79
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV59.5%50.2%87.2%72.1%54.7%
Expected Move17.7%14.8%31.2%23.9%15.9%
HV 20d64.2%56.2%72.6%71.9%58.5%
HV 60d64.4%58.0%71.4%65.5%58.0%
IV Rank28.1%12.5%74.3%49.1%20.0%
IV Percentile49.9%14.3%98.8%93.7%31.0%
Term Structure-2.5%-33.6%3.8%-33.6%0.4%
VWIV63.5%51.6%111.9%89.9%55.7%
Skew 25d-4.9%-16.3%1.0%-6.5%-3.3%
Skew 10d-8.8%-31.4%60.7%-16.4%-14.2%
Call IV 25d65.1%54.7%92.0%80.1%59.2%
Put IV 25d60.2%49.3%89.2%73.6%55.9%
Bid-Ask Spread %32.277.0752.3634.8429.60
Gamma HHI0.280.190.430.210.33
Net GEX365.0K217.1K568.0K293.0K361.6K
Net DEX-13.0M-21.4M-9.4M-10.1M-11.1M
Net VEX-105.5K-129.1K-94.5K-96.6K-97.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.031.250.150.09
Total Volume20,631.1825,45870,22920,6226,584
Total OI245,846.273221,543284,153232,052235,157

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$2.69$2.5072.1%23.9%71.9%49.1%89.9%-6.5%-33.6%293.0K-10.1M-96.6K0.1534.8417,9602,662206,45925,593
2024-04-02$2.77$2.5084.2%29.2%71.5%69.3%95.2%-10.8%-9.3%369.0K-13.4M-101.6K0.2723.6628,9187,674217,05227,445
2024-04-03$2.81$2.5087.2%31.2%70.8%74.3%111.9%-2.2%-2.2%400.1K-15.8M-119.2K0.4230.8732,65113,787226,39232,236
2024-04-04$2.90$2.5055.8%16.9%71.4%21.8%60.0%-3.5%2.6%515.6K-15.1M-107.2K0.1450.2761,7878,442238,91942,188
2024-04-05$2.83$2.5058.0%16.5%71.6%25.5%56.8%-5.1%0.4%336.7K-11.8M-101.6K0.3342.4115,2804,966242,13142,022
2024-04-08$2.88$2.5057.8%15.6%71.8%25.3%55.9%-0.9%-3.7%386.9K-12.5M-106.2K0.3934.9312,0924,723197,55531,807
2024-04-09$3.09$2.5058.6%15.2%63.5%26.6%61.3%1.0%-6.6%502.6K-19.2M-126.3K0.1328.8441,4125,521202,52935,363
2024-04-10$3.09$2.5050.2%15.6%63.4%12.5%64.5%-8.7%3.8%534.9K-17.9M-115.3K0.2137.9512,4932,629213,99338,142
2024-04-11$3.20$2.5055.0%16.3%64.4%20.6%60.5%-16.3%0.8%568.0K-21.4M-129.1K0.2627.2817,4794,506215,37338,228
2024-04-12$3.04$2.5055.7%15.0%66.3%21.8%53.1%-0.9%-4.9%562.9K-17.1M-117.0K0.1952.3616,8093,177218,57940,625
2024-04-15$2.75$2.5060.6%17.3%72.6%29.8%62.2%-5.7%-0.4%290.2K-9.4M-101.6K0.1725.4922,2603,682200,50433,299
2024-04-16$2.73$2.5059.7%17.2%66.6%28.5%59.7%-6.2%-1.4%244.3K-9.4M-97.3K1.2523.805,3856,740212,10134,276
2024-04-17$2.77$2.5059.9%17.2%62.3%28.8%60.5%-4.7%0.4%340.9K-10.9M-102.5K0.7522.963,8212,859213,97040,218
2024-04-18$2.79$2.5059.8%17.3%59.6%28.6%59.9%-5.9%-3.0%221.1K-10.2M-97.3K0.067.075,137321215,03542,620
2024-04-19$2.75$2.5058.5%16.8%57.4%26.3%59.7%-4.8%0.3%217.1K-10.1M-98.8K0.1236.9211,8251,429216,89242,594
2024-04-22$2.79$2.5056.6%15.7%56.2%23.3%55.0%-2.4%-0.9%242.2K-10.0M-94.5K0.2040.009,3541,840186,73834,805
2024-04-23$2.91$2.5050.5%14.8%57.9%13.1%51.6%-3.9%2.8%327.9K-12.7M-101.7K0.0924.898,278760192,39536,217
2024-04-24$2.88$2.5053.4%15.2%58.2%17.9%61.3%-9.7%-1.2%367.6K-12.4M-103.5K0.0738.099,060677196,68936,332
2024-04-25$2.79$2.5054.6%15.7%58.6%19.8%55.5%-1.7%1.7%267.8K-10.8M-98.1K0.0420.599,423403199,30836,421
2024-04-26$2.84$2.5053.6%14.9%58.9%18.3%52.7%-3.8%-1.6%309.4K-11.9M-98.2K0.0340.4019,859618202,46736,745
2024-04-29$2.87$2.5052.9%15.5%58.3%17.0%54.1%-2.0%0.6%370.1K-13.0M-108.4K0.0436.688,244359200,02231,182
2024-04-30$2.79$2.5054.7%15.9%58.5%20.0%55.7%-3.3%0.4%361.6K-11.1M-97.8K0.0929.606,058526203,86831,289