BB Options History — March 2025

In March 2025, BB traded between $3.79 and $4.64. ATM implied volatility averaged 83.5%, placing in the 31.3% IV rank vs the trailing year. The 30-day expected move averaged 21.9%. IV traded above realized volatility by 9.9% (HV 20d: 73.6%). Max pain ranged from $3.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.22.

Notable Days

  • 2025-03-03: Highest Volume — 32,187 contracts
  • 2025-03-18: Largest IV spike — 11.9% change
  • 2025-03-05: Highest IV Rank — 38.4%
  • 2025-03-10: Largest Expected Move — 26.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.33$3.79$4.64$4.37$3.79
Max Pain$3.55$3.00$5.00$3.00$4.00
ATM IV83.5%71.3%95.3%84.9%77.2%
Expected Move21.9%19.4%26.0%21.0%20.2%
HV 20d73.6%57.4%86.6%86.6%57.4%
HV 60d76.4%65.4%84.2%82.7%67.1%
IV Rank31.3%24.0%38.4%32.2%27.5%
IV Percentile87.6%72.6%97.2%93.3%78.6%
Term Structure-1.2%-6.8%19.0%0.6%-1.5%
VWIV79.2%47.6%94.3%83.5%71.8%
Skew 25d-4.9%-13.7%1.3%-13.7%-7.4%
Skew 10d-18.9%-59.1%16.2%-59.1%16.2%
Call IV 25d90.7%78.1%100.5%100.2%81.3%
Put IV 25d85.8%72.6%95.6%86.6%73.9%
Bid-Ask Spread %32.1310.7364.3218.8237.73
Gamma HHI0.190.170.240.170.17
Net GEX921.3K379.8K1.7M1.1M379.8K
Net DEX-46.9M-66.0M-21.2M-51.3M-21.2M
Net VEX-288.5K-333.3K-224.1K-310.2K-224.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.070.630.200.17
Total Volume17,864.4297,37032,18732,18723,499
Total OI425,199339,371469,111441,643341,909

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-03-03$4.37$3.0084.9%21.0%86.6%32.2%83.5%-13.7%0.6%1.1M-51.3M-310.2K0.2018.8226,7245,463380,32861,315
2025-03-04$4.38$3.0089.3%23.7%86.0%34.8%88.5%-10.7%-5.0%1.1M-53.6M-313.1K0.2915.5820,3835,954385,76664,139
2025-03-05$4.64$3.0095.3%24.7%85.1%38.4%92.8%-2.8%-2.9%1.3M-66.0M-333.3K0.1823.8713,6022,399389,93065,671
2025-03-06$4.41$3.0090.4%23.6%81.0%35.5%85.6%-8.8%-1.9%1.2M-54.4M-313.3K0.1224.9816,8012,078393,01566,722
2025-03-07$4.51$3.0090.1%23.2%80.9%35.3%81.5%-8.7%-5.6%1.7M-58.2M-317.7K0.1326.7417,9252,289401,10468,007
2025-03-10$4.20$3.0085.1%26.0%83.7%32.3%94.3%-4.7%19.0%929.2K-45.7M-289.5K0.3426.6817,2375,902382,88363,505
2025-03-11$4.39$3.0089.5%22.7%82.8%34.9%82.1%-5.6%-4.0%1.0M-51.7M-302.6K0.1121.1819,3012,118385,45967,052
2025-03-12$4.38$3.0091.5%23.7%82.2%36.1%85.5%0.0%-1.9%1.0M-51.5M-299.5K0.1818.908,4661,509387,71967,796
2025-03-13$4.28$3.0092.1%24.4%73.3%36.5%82.9%1.3%-1.8%971.5K-47.3M-286.7K0.6328.317,5624,801390,39068,181
2025-03-14$4.50$3.0087.6%19.6%75.9%33.8%47.6%-0.8%-2.5%1.0M-55.7M-301.9K0.1010.7324,4482,522392,20971,941
2025-03-17$4.55$3.5077.6%20.8%75.9%27.8%80.0%-2.6%-4.1%1.1M-57.7M-302.5K0.2521.9310,2072,552379,87569,555
2025-03-18$4.41$3.5086.8%21.9%71.2%33.3%87.1%-4.1%-5.3%947.4K-51.4M-296.4K0.1528.546,420950383,61270,679
2025-03-19$4.50$3.5079.3%20.5%71.8%28.8%82.0%-3.4%-0.2%943.2K-53.9M-296.8K0.0937.6512,8631,211385,53471,437
2025-03-20$4.45$0.0082.0%22.9%70.8%30.4%79.1%-1.1%-3.9%780.7K-50.2M-289.7K0.0764.328,772656385,91772,024
2025-03-21$4.33$5.0079.4%21.0%68.4%28.8%73.5%-5.1%-2.0%611.9K-45.4M-274.7K0.1148.4122,4302,418389,51171,867
2025-03-24$4.46$4.0075.4%19.4%68.6%26.4%70.2%-8.4%-1.7%699.4K-43.6M-285.3K0.1244.8115,2651,781280,05959,312
2025-03-25$4.36$4.5075.7%20.0%61.0%26.6%75.9%-2.4%-2.2%694.5K-39.3M-270.2K0.2744.917,5542,055286,04060,732
2025-03-26$4.12$4.5076.1%20.2%62.1%26.9%70.7%-4.2%-4.0%695.6K-32.2M-252.6K0.2645.3010,7132,770287,57862,205
2025-03-27$3.99$4.5077.8%20.2%60.4%27.9%72.4%-1.6%-6.8%750.5K-29.6M-253.2K0.3346.6111,4733,819292,74963,119
2025-03-28$3.91$4.0071.3%20.2%60.4%24.0%76.0%-8.3%12.7%463.4K-25.1M-245.3K0.4238.7514,2935,968297,71064,623
2025-03-31$3.79$4.0077.2%20.2%57.4%27.5%71.8%-7.4%-1.5%379.8K-21.2M-224.1K0.1737.7320,0673,432275,66266,247