BB Options History — January 2026

In January 2026, BB traded between $3.55 and $4.00. ATM implied volatility averaged 47.8%, placing in the 9.8% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded below realized volatility by 1.9% (HV 20d: 49.7%). Max pain ranged from $3.50 to $4.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.26.

Notable Days

  • 2026-01-23: Highest Volume — 39,905 contracts
  • 2026-01-30: Largest IV spike — 25.5% change
  • 2026-01-30: Highest IV Rank — 30.1%
  • 2026-01-02: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.83$3.55$4.00$3.79$3.55
Max Pain$3.98$3.50$4.00$3.50$4.00
ATM IV47.8%41.8%66.0%46.3%66.0%
Expected Move12.9%11.6%14.5%14.5%13.1%
HV 20d49.7%25.5%65.8%64.3%28.1%
HV 60d45.2%44.4%46.8%46.6%44.5%
IV Rank9.8%3.1%30.1%8.1%30.1%
IV Percentile10.0%0.8%61.1%4.8%61.1%
Term Structure2.7%-11.3%36.8%-0.2%35.3%
VWIV45.2%40.0%50.8%49.0%44.6%
Skew 25d1.0%-8.4%31.7%-8.0%6.7%
Skew 10d45.7%-34.4%270.7%-21.3%10.0%
Call IV 25d50.3%45.6%54.5%50.0%52.0%
Put IV 25d51.3%41.9%81.0%41.9%58.7%
Bid-Ask Spread %56.7211.20128.1211.20100.24
Gamma HHI0.310.210.440.240.21
Net GEX593.3K415.4K880.6K480.3K424.1K
Net DEX-20.0M-24.3M-14.2M-17.9M-14.2M
Net VEX-174.7K-197.8K-158.7K-161.7K-192.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.021.281.280.06
Total Volume13,046.355,50139,90516,02012,244
Total OI321,206.35208,530402,951387,292279,745

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-01-02$3.79$3.5046.3%14.5%64.3%8.1%49.0%-8.0%-0.2%480.3K-17.9M-161.7K1.2811.207,0179,003325,58261,710
2026-01-05$3.88$4.0048.0%12.5%64.6%10.0%44.1%-1.6%-0.8%505.9K-20.1M-165.4K0.3823.548,8673,377320,28262,148
2026-01-06$3.91$4.0046.7%12.7%64.3%8.6%44.2%-2.5%1.7%573.3K-20.7M-165.1K0.1321.856,686892323,16062,173
2026-01-07$3.87$4.0047.5%12.4%63.3%9.5%43.5%-4.7%1.1%566.6K-20.0M-163.4K0.1128.485,586625324,34862,934
2026-01-08$3.84$4.0041.8%11.8%63.3%3.1%41.7%0.7%1.5%559.1K-19.4M-161.3K0.8819.813,6983,270326,93063,427
2026-01-09$3.83$4.0042.5%11.6%63.3%3.9%40.0%-3.1%1.0%509.7K-19.0M-158.7K0.1425.945,129715328,65862,489
2026-01-12$4.00$4.0046.3%12.9%65.7%8.1%50.8%-0.7%-0.9%652.5K-24.3M-166.3K0.0927.0718,6261,698321,31156,467
2026-01-13$3.92$4.0049.3%12.1%65.8%11.4%42.8%-1.9%-8.2%685.3K-22.5M-172.9K0.0528.9529,3621,472329,69457,287
2026-01-14$3.87$4.0047.2%12.6%65.8%9.2%43.6%-0.6%-1.6%658.3K-21.0M-172.6K0.1049.496,498649342,59557,722
2026-01-15$3.94$4.0047.6%13.2%65.6%9.7%46.9%1.8%-1.6%880.6K-23.4M-180.5K0.0615.1112,734719341,64257,532
2026-01-16$3.87$4.0046.6%12.4%65.3%8.5%43.7%-3.5%-5.9%511.4K-20.3M-174.2K0.4435.427,5243,292346,83656,115
2026-01-20$3.83$4.0046.3%13.3%64.5%8.2%46.1%-2.9%2.6%498.9K-18.9M-173.0K0.1293.579,4191,118184,68723,843
2026-01-21$3.79$4.0046.0%13.2%33.1%7.7%45.4%-6.1%0.5%522.6K-18.4M-169.7K0.1398.794,850651189,64524,641
2026-01-22$3.83$4.0045.0%12.7%26.6%6.7%44.0%-4.9%4.8%558.7K-19.8M-173.9K0.0693.857,650474190,74325,030
2026-01-23$3.83$4.0047.1%13.4%26.2%9.0%45.8%-8.4%0.7%512.8K-20.4M-175.5K0.0290.5439,214691194,01125,404
2026-01-26$3.81$4.0048.7%14.1%26.2%10.8%48.0%1.1%-11.3%803.1K-22.0M-188.7K0.1080.6110,5741,040208,97524,708
2026-01-27$3.80$4.0046.7%13.1%25.8%8.6%45.3%-1.6%0.6%843.1K-21.2M-186.7K0.0977.935,162455210,74425,510
2026-01-28$3.76$4.0047.5%13.2%25.5%9.5%46.4%29.3%-2.1%705.1K-20.4M-194.7K0.73128.1213,80310,094219,59333,028
2026-01-29$3.63$4.0052.5%13.3%27.2%15.1%47.7%31.7%36.8%415.4K-16.0M-197.8K0.1583.845,280769230,50242,276
2026-01-30$3.55$4.0066.0%13.1%28.1%30.1%44.6%6.7%35.3%424.1K-14.2M-192.4K0.06100.2411,554690234,97444,771