BB Options History — May 2024

In May 2024, BB traded between $2.75 and $3.41. ATM implied volatility averaged 77.2%, placing in the 29.4% IV rank vs the trailing year. The 30-day expected move averaged 20.2%. IV traded above realized volatility by 18.7% (HV 20d: 58.5%). Max pain ranged from $2.50 to $3.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.19.

Notable Days

  • 2024-05-14: Highest Volume — 426,773 contracts
  • 2024-05-14: Largest IV spike — 101.1% change
  • 2024-05-14: Highest IV Rank — 100.0%
  • 2024-05-14: Largest Expected Move — 50.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.95$2.75$3.41$2.85$2.77
Max Pain$2.77$2.50$3.00$2.50$3.00
ATM IV77.2%49.5%197.9%52.9%80.8%
Expected Move20.2%14.3%50.1%15.8%21.6%
HV 20d58.5%41.2%63.6%58.8%62.6%
HV 60d61.2%57.4%64.2%57.8%63.3%
IV Rank29.4%11.3%100.0%17.0%24.5%
IV Percentile68.6%10.7%100.0%21.4%96.0%
Term Structure-1.6%-70.9%67.6%-11.2%-9.9%
VWIV80.1%48.3%194.4%54.9%81.7%
Skew 25d-19.7%-91.5%33.1%-2.8%-14.2%
Skew 10d-38.0%-152.3%32.0%-15.0%12.7%
Call IV 25d96.1%53.0%250.2%53.4%101.3%
Put IV 25d76.4%36.3%158.8%50.5%87.1%
Bid-Ask Spread %32.274.4649.5027.2149.25
Gamma HHI0.250.160.410.350.24
Net GEX436.5K320.7K641.4K416.2K320.7K
Net DEX-17.5M-45.1M-11.6M-12.9M-11.6M
Net VEX-134.6K-185.7K-88.0K-104.3K-130.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.190.050.580.240.17
Total Volume60,113.2275,035426,7737,76211,940
Total OI354,167.182235,225518,790238,225416,713

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$2.85$2.5052.9%15.8%58.8%17.0%54.9%-2.8%-11.2%416.2K-12.9M-104.3K0.2427.216,2601,502206,66631,559
2024-05-02$2.91$2.5053.0%15.3%58.2%17.2%54.4%-22.4%-0.3%469.3K-13.5M-104.2K0.074.464,692343208,09032,661
2024-05-03$2.95$2.5053.6%15.2%57.6%18.2%48.3%-3.3%8.9%399.1K-14.8M-109.1K0.0849.5016,8731,335209,25032,687
2024-05-06$3.01$2.5052.7%14.3%57.7%16.8%51.8%-3.0%-0.6%486.3K-17.2M-118.3K0.1042.4514,5721,512204,16231,063
2024-05-07$2.91$2.5052.5%14.6%53.0%16.3%51.9%-6.2%0.5%445.0K-13.6M-107.5K0.1310.616,686838210,13832,242
2024-05-08$2.85$2.5049.5%14.6%53.4%11.3%52.3%-8.7%1.7%422.4K-12.3M-103.3K0.3011.177,1232,142212,60932,675
2024-05-09$2.98$2.5072.9%14.5%54.4%50.4%51.0%14.4%-9.3%533.5K-14.0M-88.0K0.0822.638,981759215,38134,457
2024-05-10$2.92$2.5052.3%14.7%51.9%16.0%57.5%3.6%11.9%412.2K-14.3M-113.6K0.087.1123,3181,908223,86835,001
2024-05-13$3.09$2.5098.4%24.5%41.2%93.1%128.7%-54.3%-6.2%416.3K-23.0M-139.1K0.0539.08157,7397,310213,52133,053
2024-05-14$3.41$2.50197.9%50.1%52.4%100.0%194.4%-91.5%-17.3%478.0K-45.1M-182.8K0.1925.46359,10967,664272,89939,648
2024-05-15$3.19$3.00101.8%28.5%59.2%38.1%133.9%-75.9%1.4%641.4K-34.6M-185.7K0.2940.22169,22749,336366,07888,417
2024-05-16$3.05$3.00118.7%20.2%62.0%48.9%83.1%-7.7%40.6%500.5K-19.7M-163.3K0.3040.5478,03023,113395,033106,258
2024-05-17$2.95$3.0060.9%19.9%63.1%11.7%77.9%33.1%67.6%358.0K-12.2M-149.4K0.2346.1460,52513,736410,611108,179
2024-05-20$2.96$3.0065.7%19.1%63.0%14.8%79.4%-29.2%11.1%400.8K-16.3M-148.9K0.2824.6236,0369,947327,92183,389
2024-05-21$2.99$3.0068.2%19.4%61.3%16.4%74.1%-26.5%13.4%502.2K-18.2M-151.9K0.1337.6221,4612,818345,27987,289
2024-05-22$3.00$3.0070.2%20.1%61.2%17.7%84.5%-41.4%4.2%556.7K-21.8M-154.3K0.0539.3132,1671,690352,87989,089
2024-05-23$2.84$3.0070.6%20.8%63.4%17.9%76.5%-27.6%-70.9%345.8K-13.2M-143.1K0.3139.4918,4305,623364,83489,790
2024-05-24$2.88$3.0071.5%19.0%63.3%18.5%69.5%-22.0%14.2%380.8K-15.2M-147.5K0.1934.8114,8132,796370,57689,589
2024-05-28$2.84$3.0080.4%21.7%63.3%24.3%82.2%-15.4%-61.4%404.6K-16.5M-144.1K0.1134.8043,2984,822299,97075,980
2024-05-29$2.75$3.0093.9%18.1%63.6%33.0%83.6%-4.0%-8.4%366.0K-12.0M-135.3K0.2036.2513,9332,744323,68879,751
2024-05-30$2.77$3.0080.1%22.8%63.1%24.1%91.5%-28.4%-15.3%347.4K-12.4M-136.4K0.5847.139,7265,614327,19081,545
2024-05-31$2.77$3.0080.8%21.6%62.6%24.5%81.7%-14.2%-9.9%320.7K-11.6M-130.3K0.1749.2510,2111,729330,21686,497