BB Options History — May 2025

In May 2025, BB traded between $3.38 and $4.12. ATM implied volatility averaged 62.0%, placing in the 28.5% IV rank vs the trailing year. The 30-day expected move averaged 17.6%. IV traded above realized volatility by 22.1% (HV 20d: 39.9%). Max pain ranged from $3.50 to $3.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.09.

Notable Days

  • 2025-05-27: Highest Volume — 29,075 contracts
  • 2025-05-08: Largest IV spike — 62.9% change
  • 2025-05-29: Highest IV Rank — 54.4%
  • 2025-05-23: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.83$3.38$4.12$3.38$3.96
Max Pain$3.50$3.50$3.50$3.50$3.50
ATM IV62.0%40.8%73.8%59.3%73.8%
Expected Move17.6%16.4%18.4%18.0%17.3%
HV 20d39.9%24.1%73.9%73.9%40.6%
HV 60d66.3%60.6%73.3%73.3%60.6%
IV Rank28.5%5.7%54.4%16.8%54.3%
IV Percentile48.4%2.0%76.2%40.5%75.8%
Term Structure6.0%-4.2%42.0%0.3%-0.2%
VWIV64.0%56.3%72.8%56.3%61.9%
Skew 25d4.6%-17.4%151.4%20.8%151.4%
Skew 10d6.9%-30.5%141.0%97.3%-3.1%
Call IV 25d64.5%39.6%82.3%39.6%79.7%
Put IV 25d69.0%39.7%231.1%60.4%231.1%
Bid-Ask Spread %14.696.0937.5825.9234.27
Gamma HHI0.180.140.260.160.26
Net GEX576.0K356.9K837.4K396.2K837.4K
Net DEX-27.0M-35.6M-15.7M-15.7M-30.5M
Net VEX-203.7K-229.5K-175.0K-175.0K-205.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.090.010.230.010.04
Total Volume12,702.2384,15729,0755,80517,480
Total OI338,781.048324,403349,811331,492349,811

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-05-01$3.38$3.5059.3%18.0%73.9%16.8%56.3%20.8%0.3%396.2K-15.7M-175.0K0.0125.925,74560261,79569,697
2025-05-02$3.49$3.5059.2%17.0%68.5%16.7%59.0%-17.4%2.4%382.0K-18.4M-180.6K0.0627.8127,2411,640264,16669,308
2025-05-05$3.63$3.5057.8%17.5%67.8%15.9%72.8%-1.2%5.9%466.4K-22.3M-196.0K0.126.7817,3232,011263,94367,052
2025-05-06$3.65$3.5058.1%17.4%65.9%16.0%60.6%11.3%4.5%503.4K-23.3M-204.9K0.107.345,790583265,36168,233
2025-05-07$3.69$3.5040.8%17.8%63.3%5.7%63.8%-9.6%25.1%356.9K-21.3M-185.8K0.0537.583,976181266,51568,495
2025-05-08$3.80$3.5066.4%17.9%38.0%21.1%67.6%-8.3%2.0%551.4K-27.2M-207.8K0.066.0923,2321,290267,84268,464
2025-05-09$3.80$3.5058.9%17.8%29.0%16.5%64.5%-0.5%0.0%511.8K-27.2M-203.8K0.098.3713,7781,286274,56669,102
2025-05-12$3.88$3.5059.2%17.0%28.9%16.7%61.8%-2.5%0.4%608.2K-27.5M-206.2K0.207.5511,3442,311269,63069,281
2025-05-13$3.94$3.5060.0%16.4%28.7%17.2%59.7%7.0%-4.2%716.9K-28.9M-207.1K0.076.946,532438273,78569,711
2025-05-14$3.87$3.5059.1%17.9%29.6%16.7%64.7%-4.0%3.6%636.8K-26.5M-196.6K0.096.166,519565276,05369,769
2025-05-15$3.88$3.5059.3%17.4%28.6%16.8%61.0%-3.1%2.9%661.8K-27.2M-204.6K0.237.175,7291,293276,71469,913
2025-05-16$3.95$3.5058.8%16.6%28.6%16.5%61.0%-0.9%-0.5%507.2K-27.6M-206.1K0.0524.4812,711586277,33569,586
2025-05-19$3.92$3.5059.8%17.1%24.8%32.6%61.2%-4.8%11.5%552.0K-27.6M-209.9K0.196.096,0861,151262,23662,167
2025-05-20$3.94$3.5061.6%17.7%24.1%34.6%67.3%-6.8%7.1%582.3K-28.3M-207.3K0.106.1610,5511,027265,81762,710
2025-05-21$3.84$3.5063.0%18.1%26.4%40.6%64.5%-8.0%42.0%552.4K-26.4M-199.6K0.108.709,580938270,35963,084
2025-05-22$3.87$3.5063.0%17.7%25.5%40.5%65.0%-4.2%5.1%561.5K-26.6M-199.2K0.1025.095,667560274,70463,594
2025-05-23$3.79$3.5067.5%18.4%27.1%46.4%67.5%-7.5%8.9%477.6K-27.1M-213.4K0.0434.9513,936550276,67463,897
2025-05-27$4.12$3.5072.9%18.1%38.6%53.2%67.6%-5.6%-0.7%723.7K-35.4M-216.2K0.056.5927,6041,471273,78862,342
2025-05-28$4.06$3.5069.7%18.3%39.5%49.2%69.8%-3.7%11.6%772.7K-35.6M-223.2K0.087.009,441725284,04163,422
2025-05-29$4.00$3.5073.8%17.4%40.1%54.4%65.7%-6.6%-1.7%736.7K-35.5M-229.5K0.117.387,036780286,02163,419
2025-05-30$3.96$3.5073.8%17.3%40.6%54.3%61.9%151.4%-0.2%837.4K-30.5M-205.7K0.0434.2716,774706286,33563,476