BB Options History — November 2025

In November 2025, BB traded between $4.03 and $4.80. ATM implied volatility averaged 65.5%, placing in the 30.6% IV rank vs the trailing year. The 30-day expected move averaged 18.3%. IV traded above realized volatility by 32.2% (HV 20d: 33.3%). Max pain ranged from $4.50 to $4.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.17.

Notable Days

  • 2025-11-13: Highest Volume — 15,648 contracts
  • 2025-11-04: Largest IV drop — 52.9% change
  • 2025-11-03: Highest IV Rank — 100.0%
  • 2025-11-20: Largest Expected Move — 20.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.37$4.03$4.80$4.80$4.08
Max Pain$4.50$4.50$4.50$4.50$4.50
ATM IV65.5%47.6%128.4%128.4%93.4%
Expected Move18.3%15.8%20.9%16.4%19.8%
HV 20d33.3%29.1%37.6%37.4%33.1%
HV 60d42.6%41.1%43.8%41.1%43.8%
IV Rank30.6%9.6%100.0%100.0%60.8%
IV Percentile44.0%4.4%100.0%100.0%98.4%
Term Structure11.8%-24.8%152.3%-24.8%152.3%
VWIV67.3%58.0%73.9%58.0%72.2%
Skew 25d-0.4%-11.7%40.5%-9.4%2.6%
Skew 10d6.4%-83.0%80.8%-19.1%-14.2%
Call IV 25d65.5%57.4%73.8%62.7%64.9%
Put IV 25d65.1%47.1%97.9%53.3%67.4%
Bid-Ask Spread %52.0615.3489.1917.7489.19
Gamma HHI0.220.190.270.270.19
Net GEX917.1K636.9K1.4M1.4M668.6K
Net DEX-39.5M-61.0M-25.9M-61.0M-27.9M
Net VEX-247.6K-298.7K-198.5K-298.7K-200.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.060.400.250.11
Total Volume9,088.5793,84515,64814,9675,521
Total OI393,773.421368,410409,559405,435375,882

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-11-03$4.80$4.50128.4%16.4%37.4%100.0%58.0%-9.4%-24.8%1.4M-61.0M-298.7K0.2517.7412,0082,959343,66761,768
2025-11-04$4.67$4.5060.4%16.6%37.4%30.0%59.8%-8.0%-0.4%1.3M-54.8M-291.8K0.1815.3411,6012,082346,04563,140
2025-11-05$4.74$4.5055.7%15.8%37.3%25.1%59.7%-1.5%6.3%1.2M-53.9M-287.5K0.1115.908,586917344,66464,260
2025-11-06$4.62$4.5057.9%18.4%37.6%27.4%65.2%-3.6%0.2%1.2M-49.9M-282.3K0.1115.959,1541,000344,70564,854
2025-11-07$4.54$4.5055.1%17.5%29.1%18.0%69.2%-0.0%3.8%1.2M-46.8M-278.5K0.1521.3410,8131,630344,10265,005
2025-11-10$4.63$4.5047.6%18.0%29.6%9.6%66.2%-11.7%11.9%1.1M-49.4M-281.0K0.2220.346,6651,455330,02060,999
2025-11-11$4.54$4.5056.0%18.2%30.0%19.0%69.9%-3.5%7.2%1.1M-46.2M-271.1K0.1758.614,865821333,06161,312
2025-11-12$4.50$4.5055.5%18.2%30.2%18.4%65.7%-5.9%7.2%1.0M-45.2M-275.8K0.4064.255,2972,104333,60561,910
2025-11-13$4.33$4.5057.9%18.3%33.0%21.1%70.9%8.1%8.9%851.1K-36.4M-249.5K0.2068.0713,0442,604334,95763,170
2025-11-14$4.29$4.5059.6%18.6%33.0%23.0%68.1%2.3%7.9%781.6K-33.5M-239.2K0.0970.798,793795333,70363,192
2025-11-17$4.17$4.5063.1%18.8%33.4%27.0%66.5%-0.1%2.0%664.4K-29.7M-220.2K0.1874.869,4171,688325,89861,033
2025-11-18$4.31$4.5067.3%19.6%35.2%31.6%68.3%-3.1%2.6%785.6K-35.4M-232.5K0.0647.108,425510330,74362,153
2025-11-19$4.24$4.5067.3%19.3%34.5%31.7%68.9%-0.7%-0.9%770.3K-33.3M-229.6K0.3364.792,884961334,80362,466
2025-11-20$4.14$4.5070.8%20.9%34.1%35.5%73.9%-0.2%-15.5%691.2K-30.7M-219.4K0.2569.343,567884335,26162,643
2025-11-21$4.17$4.5064.1%17.7%31.2%28.1%67.2%-2.7%10.1%682.3K-31.5M-227.5K0.2472.205,2621,254335,25861,668
2025-11-24$4.17$4.5053.3%18.4%31.1%16.0%69.1%40.5%51.1%686.7K-30.6M-219.8K0.0668.5210,037589311,59456,816
2025-11-25$4.03$4.5065.2%18.5%32.1%29.3%71.7%-2.5%-1.9%636.9K-25.9M-198.5K0.1259.877,887908315,54357,246
2025-11-26$4.09$4.5065.3%18.4%33.1%29.4%67.3%-7.9%-2.9%666.6K-28.0M-202.1K0.0774.895,324372316,90157,648
2025-11-28$4.08$4.5093.4%19.8%33.1%60.8%72.2%2.6%152.3%668.6K-27.9M-200.4K0.1189.194,992529318,34957,533