BB Options History — April 2025

In April 2025, BB traded between $2.83 and $3.75. ATM implied volatility averaged 68.5%, placing in the 22.3% IV rank vs the trailing year. The 30-day expected move averaged 18.5%. IV traded below realized volatility by 6.4% (HV 20d: 74.9%). Max pain ranged from $3.50 to $4.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.26.

Notable Days

  • 2025-04-02: Highest Volume — 54,010 contracts
  • 2025-04-22: Largest IV spike — 63.6% change
  • 2025-04-22: Highest IV Rank — 46.8%
  • 2025-04-01: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.23$2.83$3.75$3.75$3.38
Max Pain$3.71$3.50$4.00$4.00$3.50
ATM IV68.5%49.3%109.4%81.4%49.3%
Expected Move18.5%16.2%22.3%22.3%18.4%
HV 20d74.9%54.1%83.2%57.3%81.2%
HV 60d73.5%67.1%76.5%67.1%74.8%
IV Rank22.3%10.8%46.8%30.1%10.8%
IV Percentile62.2%12.3%99.2%86.5%12.3%
Term Structure-6.5%-75.7%21.1%-4.9%-26.0%
VWIV66.3%60.1%79.0%78.8%62.8%
Skew 25d1.0%-25.4%33.9%-8.4%19.1%
Skew 10d19.5%-31.2%94.1%28.2%11.6%
Call IV 25d64.7%40.6%90.5%90.5%48.8%
Put IV 25d65.7%36.7%82.1%82.1%67.9%
Bid-Ask Spread %39.3224.2258.6236.1346.58
Gamma HHI0.140.130.180.160.15
Net GEX290.3K208.7K438.8K438.8K368.5K
Net DEX-11.5M-23.4M-3.9M-23.4M-14.9M
Net VEX-173.9K-226.0K-150.1K-226.0K-171.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.040.880.350.05
Total Volume16,942.9051,94654,01040,0511,946
Total OI345,785.143323,565392,028356,246330,662

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-04-01$3.75$4.0081.4%22.3%57.3%30.1%78.8%-8.4%-4.9%438.8K-23.4M-226.0K0.3536.1329,68310,368288,39767,849
2025-04-02$3.41$4.0067.3%18.5%59.8%21.6%66.3%-2.5%-1.0%261.9K-10.8M-192.2K0.4039.0138,66515,345303,08674,371
2025-04-03$3.15$4.0069.4%19.0%62.8%22.8%69.4%0.5%-0.6%217.4K-6.2M-178.0K0.1844.5824,8324,588307,21178,630
2025-04-04$3.04$4.0071.0%19.2%61.4%23.8%72.6%7.5%21.1%274.5K-5.2M-169.2K0.2357.6824,2765,672313,73678,292
2025-04-07$2.94$4.0076.8%22.0%58.6%27.3%79.0%-21.0%0.8%243.0K-6.5M-161.9K0.1850.5217,8943,309270,57367,973
2025-04-08$2.83$4.0075.1%21.5%54.1%26.2%76.9%33.9%2.7%209.8K-3.9M-150.1K0.0837.1614,5161,180273,29369,574
2025-04-09$3.29$4.0067.5%17.0%81.7%21.7%62.7%-5.7%-6.7%324.9K-11.9M-175.0K0.0829.4822,5141,869273,70669,845
2025-04-10$3.10$4.0065.4%16.2%83.2%20.4%64.2%-7.9%-17.1%361.5K-10.1M-167.7K0.5841.479,4845,519281,52769,664
2025-04-11$3.17$4.0067.3%17.3%80.8%21.6%61.2%2.0%-8.3%289.7K-11.3M-171.1K0.2035.698,1751,626283,49372,228
2025-04-14$3.24$3.5061.7%17.3%81.4%18.2%63.9%-8.8%5.6%213.3K-12.2M-176.3K0.1750.479,2871,591268,80068,992
2025-04-15$3.21$3.5066.0%18.9%81.3%20.8%65.4%5.1%2.8%305.8K-10.8M-169.2K0.2634.902,987775271,92770,101
2025-04-16$3.17$3.5067.4%19.3%80.2%21.7%68.0%0.0%-1.4%208.7K-9.3M-160.0K0.2458.627,5881,823275,04369,789
2025-04-17$3.18$3.5065.5%18.4%80.5%20.5%65.4%0.7%11.8%221.4K-12.8M-174.9K0.1132.5815,0361,687277,95469,587
2025-04-21$3.08$3.5066.8%16.9%80.6%21.3%60.1%5.5%-31.6%259.8K-8.1M-156.4K0.4025.905,6542,244255,72467,841
2025-04-22$3.17$3.50109.4%18.2%80.5%46.8%62.9%4.8%-75.7%259.8K-11.2M-171.4K0.1645.314,605752258,69369,067
2025-04-23$3.26$3.5063.8%18.4%82.0%19.5%64.7%2.5%1.1%273.4K-12.6M-168.0K0.0433.4212,285531260,01569,451
2025-04-24$3.35$3.5061.9%17.5%81.7%18.3%60.7%2.8%0.2%327.2K-15.7M-177.7K0.8837.898,8297,797267,80469,762
2025-04-25$3.34$3.5063.8%17.4%81.4%19.5%63.8%-5.5%-8.4%298.7K-14.7M-175.7K0.6238.5212,7777,900269,48471,207
2025-04-28$3.38$3.5060.7%17.5%81.6%17.6%60.9%-25.4%-0.2%357.7K-15.6M-182.7K0.0925.685,612498257,59969,269
2025-04-29$3.40$3.5060.7%17.7%81.2%17.6%62.6%20.8%-0.2%379.7K-15.6M-176.5K0.0524.223,876206259,63069,639
2025-04-30$3.38$3.5049.3%18.4%81.2%10.8%62.8%19.1%-26.0%368.5K-14.9M-171.2K0.0546.581,84799261,01369,649