BB Options History — July 2025

In July 2025, BB traded between $3.70 and $4.34. ATM implied volatility averaged 57.1%, placing in the 33.1% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 2.8% (HV 20d: 54.3%). Max pain ranged from $4.00 to $4.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.21.

Notable Days

  • 2025-07-23: Highest Volume — 74,586 contracts
  • 2025-07-23: Largest IV spike — 34.5% change
  • 2025-07-02: Highest IV Rank — 50.6%
  • 2025-07-23: Largest Expected Move — 21.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.03$3.70$4.34$4.33$3.70
Max Pain$4.00$4.00$4.00$4.00$4.00
ATM IV57.1%44.5%70.8%57.8%53.5%
Expected Move16.2%14.5%21.2%17.1%14.8%
HV 20d54.3%28.3%63.3%62.1%28.3%
HV 60d47.8%45.3%57.1%57.1%45.4%
IV Rank33.1%16.9%50.6%33.9%28.3%
IV Percentile35.2%4.0%74.6%34.9%22.6%
Term Structure3.7%-34.7%144.7%0.7%-0.5%
VWIV61.5%51.2%85.4%60.0%65.1%
Skew 25d-9.4%-19.8%0.6%-3.9%-19.0%
Skew 10d7.8%-43.4%89.8%-1.8%-36.4%
Call IV 25d62.2%39.3%85.0%58.5%66.3%
Put IV 25d52.8%27.8%68.2%54.6%47.2%
Bid-Ask Spread %33.384.1869.6162.745.36
Gamma HHI0.200.130.440.210.13
Net GEX645.9K351.2K1.1M747.3K351.2K
Net DEX-24.5M-32.1M-15.2M-30.3M-15.2M
Net VEX-196.4K-220.1K-175.6K-220.1K-175.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.021.290.350.05
Total Volume17,427.6364,70474,58616,8455,169
Total OI298,259.727275,044332,393288,402316,654

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-07-01$4.33$4.0057.8%17.1%62.1%33.9%60.0%-3.9%0.7%747.3K-30.3M-220.1K0.3562.7412,4594,386231,60456,798
2025-07-02$4.22$4.0070.8%14.8%62.4%50.6%51.2%-4.8%-34.7%597.6K-27.1M-210.8K0.1266.8516,8271,990237,03059,471
2025-07-03$4.34$4.0061.3%15.5%62.9%38.4%55.9%-19.8%144.7%605.5K-32.1M-219.4K0.2064.023,933771246,33660,489
2025-07-07$4.30$4.0061.4%16.6%62.8%38.6%59.1%0.6%-2.9%587.3K-31.4M-213.8K0.4244.427,4873,154225,28755,268
2025-07-08$4.21$4.0058.1%15.7%63.3%34.3%57.1%-7.0%-6.0%599.0K-29.0M-210.3K0.2843.794,4701,262228,27357,441
2025-07-09$4.16$4.0053.4%15.0%63.0%28.3%53.7%-4.1%-1.0%534.3K-27.7M-200.2K0.3454.355,8171,969230,35058,235
2025-07-10$4.11$4.0055.1%15.1%62.8%30.5%61.4%-5.0%-6.1%593.1K-26.3M-198.6K0.1342.109,4561,190231,56958,886
2025-07-11$4.04$4.0044.5%14.8%63.0%16.9%55.6%-11.5%-3.9%1.1M-24.7M-190.0K0.0946.1818,9981,617236,19559,330
2025-07-14$4.00$4.0054.3%15.5%63.1%29.4%56.3%-7.0%2.1%656.9K-23.9M-190.3K0.1938.308,1551,526230,22856,712
2025-07-15$4.11$4.0054.0%15.5%63.2%29.1%59.9%-4.8%1.1%769.7K-27.7M-196.6K0.0848.249,995814236,82457,105
2025-07-16$4.04$4.0053.6%15.4%59.4%28.5%59.6%-6.5%1.8%806.7K-25.2M-189.5K0.0248.3521,208510240,17757,076
2025-07-17$4.01$4.0053.5%15.4%59.4%28.4%56.3%-5.6%-1.2%841.8K-24.0M-189.4K1.297.436,8618,856242,08257,287
2025-07-18$3.92$4.0050.9%14.5%59.7%25.1%53.0%-2.8%1.4%506.7K-18.0M-177.8K0.328.1411,6963,751243,53860,205
2025-07-21$3.88$4.0052.5%15.1%59.4%27.1%54.0%-6.3%-0.7%549.1K-19.8M-175.8K0.057.6711,477528222,16652,878
2025-07-22$3.98$4.0051.8%15.1%59.7%26.2%54.2%-1.2%-0.4%673.9K-22.4M-182.2K0.046.3018,218758227,60953,042
2025-07-23$4.08$4.0069.7%21.2%60.6%49.2%85.4%-16.8%-3.9%713.6K-28.4M-202.1K0.0444.6871,3883,198235,01453,254
2025-07-24$3.98$4.0065.8%19.8%40.0%44.1%78.0%-17.0%-3.0%1.0M-28.8M-208.6K0.198.0229,6015,770272,10354,775
2025-07-25$3.91$4.0064.6%18.8%39.2%42.6%72.6%-14.7%-2.8%528.5K-22.4M-206.0K0.244.189,3292,218272,16660,227
2025-07-28$3.83$4.0060.2%17.9%36.8%36.9%72.2%-16.9%-1.8%471.9K-20.1M-195.9K0.046.6911,618488245,66359,522
2025-07-29$3.75$4.0056.1%16.0%35.0%31.8%67.5%-14.3%-0.8%441.3K-17.5M-183.6K0.036.9035,6491,179247,09359,902
2025-07-30$3.71$4.0054.1%15.9%29.0%29.2%65.0%-18.2%-1.0%486.1K-17.2M-184.2K0.0569.617,279383255,45360,397
2025-07-31$3.70$4.0053.5%14.8%28.3%28.3%65.1%-19.0%-0.5%351.2K-15.2M-175.6K0.055.364,926243256,16260,492