BB Options History — January 2025

In January 2025, BB traded between $3.69 and $4.45. ATM implied volatility averaged 62.4%, placing in the 18.7% IV rank vs the trailing year. The 30-day expected move averaged 17.6%. IV traded below realized volatility by 19.9% (HV 20d: 82.3%). Max pain ranged from $3.00 to $3.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.13.

Notable Days

  • 2025-01-07: Highest Volume — 54,906 contracts
  • 2025-01-30: Largest IV drop — 23.4% change
  • 2025-01-14: Highest IV Rank — 28.9%
  • 2025-01-02: Largest Expected Move — 20.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.11$3.69$4.45$3.82$4.45
Max Pain$3.42$3.00$3.50$3.00$3.50
ATM IV62.4%52.4%79.5%67.8%58.2%
Expected Move17.6%14.9%20.3%20.3%18.1%
HV 20d82.3%50.6%107.3%101.2%53.5%
HV 60d70.4%67.5%71.5%67.5%70.1%
IV Rank18.7%12.6%28.9%21.9%16.1%
IV Percentile58.3%19.8%88.5%75.4%46.8%
Term Structure-0.3%-5.9%16.2%-0.6%0.4%
VWIV65.5%55.2%76.8%76.8%64.1%
Skew 25d-14.4%-29.9%-5.2%-22.8%-21.8%
Skew 10d-39.2%-69.7%-16.8%-69.7%-32.9%
Call IV 25d74.3%65.3%84.7%81.1%73.1%
Put IV 25d59.9%39.8%67.8%58.2%51.3%
Bid-Ask Spread %28.036.6744.109.3724.23
Gamma HHI0.250.210.340.230.25
Net GEX971.4K737.9K1.3M864.5K1.2M
Net DEX-49.6M-59.7M-38.6M-44.6M-56.6M
Net VEX-206.9K-237.1K-184.3K-185.8K-237.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.130.040.250.110.13
Total Volume31,595.512,23454,90624,20429,193
Total OI365,618.6287,520427,564407,742327,229

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-01-02$3.82$3.0067.8%20.3%101.2%21.9%76.8%-22.8%-0.6%864.5K-44.6M-185.8K0.119.3721,7402,464312,54095,202
2025-01-03$3.69$3.0057.9%15.7%103.0%15.9%61.6%-14.5%4.4%737.9K-38.6M-184.3K0.176.6732,0475,421317,01895,803
2025-01-06$4.08$3.5058.5%18.4%107.0%16.3%69.3%-12.2%16.2%988.4K-54.3M-194.2K0.1236.6148,5405,585312,71384,674
2025-01-07$4.04$3.0067.2%18.8%107.3%21.5%73.4%-17.5%-0.9%1.1M-56.2M-203.0K0.1844.1046,4238,483328,06887,039
2025-01-08$4.06$3.5068.9%17.9%100.5%22.5%67.0%-16.5%-2.1%1.3M-55.6M-200.1K0.1238.9924,5323,024337,59389,590
2025-01-10$4.08$3.5066.8%18.3%98.2%21.3%70.2%-5.2%-1.1%941.8K-58.9M-202.8K0.0543.4133,3181,714336,11891,446
2025-01-13$3.94$3.5067.8%18.7%99.8%21.9%70.8%-12.9%-2.6%857.6K-44.4M-192.4K0.1937.1821,1094,016318,66480,938
2025-01-14$3.99$3.5079.5%18.3%99.1%28.9%72.7%-11.9%-2.8%985.2K-49.1M-194.8K0.0428.8016,071679327,56083,422
2025-01-15$4.12$3.5061.7%17.2%98.4%18.2%63.8%-10.7%-4.9%1.1M-56.0M-201.1K0.0641.6050,2092,822333,71583,614
2025-01-16$4.22$3.5052.8%14.9%90.0%12.9%55.2%-20.1%-5.1%889.6K-59.7M-206.2K0.1043.1336,0833,448339,31383,887
2025-01-17$4.00$3.5059.4%16.7%92.8%16.8%62.3%-29.9%-2.5%740.5K-44.8M-196.6K0.1132.3938,6294,401334,10984,277
2025-01-21$4.08$3.5060.8%17.5%88.4%17.7%63.7%-9.8%0.1%875.4K-41.5M-197.1K0.2419.5719,9814,720237,15850,362
2025-01-22$4.08$3.5057.3%16.4%88.2%15.6%60.3%-11.9%3.0%937.3K-42.1M-209.0K0.1723.3510,4621,772248,75553,415
2025-01-23$4.17$3.5054.5%15.5%52.7%13.9%59.6%-8.1%0.6%948.8K-45.4M-213.0K0.0722.0716,5281,189251,33054,320
2025-01-24$4.17$3.5057.8%15.7%52.2%15.8%61.5%-8.1%0.7%847.1K-46.1M-220.4K0.0621.5823,2101,341257,79855,047
2025-01-27$4.08$3.5060.9%16.7%50.6%17.7%62.9%-10.8%-0.9%882.7K-40.3M-209.3K0.2520.8515,8763,989244,63348,763
2025-01-28$4.34$3.5070.4%17.9%54.9%23.4%63.9%-19.5%-5.9%1.0M-51.9M-229.4K0.0718.6031,6912,240250,37451,758
2025-01-29$4.34$3.5068.5%19.4%54.4%22.3%67.3%-15.5%-0.9%1.0M-51.0M-227.9K0.2522.2222,0355,607253,63252,680
2025-01-30$4.38$3.5052.4%18.9%54.0%12.6%63.5%-8.3%-1.3%1.2M-53.8M-233.6K0.0625.8029,4191,899262,58555,230
2025-01-31$4.45$3.5058.2%18.1%53.5%16.1%64.1%-21.8%0.4%1.2M-56.6M-237.1K0.1324.2325,7253,468271,33255,897