BBSI Options History — November 2014

In November 2014, BBSI traded between $5.46 and $6.29. ATM implied volatility averaged 74.3%. The 30-day expected move averaged 21.5%. IV traded below realized volatility by 223.8% (HV 20d: 298.1%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 13 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 1.60.

Notable Days

  • 2014-11-12: Highest Volume — 3,996 contracts
  • 2014-11-11: Largest IV spike — 19.5% change
  • 2014-11-04: Largest Expected Move — 23.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.75$5.46$6.29$5.70$5.46
Max Pain$12.50$12.50$12.50$12.50$12.50
ATM IV74.3%59.1%87.3%84.2%67.0%
Expected Move21.5%20.2%23.5%23.5%21.2%
HV 20d298.1%72.8%326.1%323.6%72.8%
HV 60d204.7%191.2%218.7%218.7%191.2%
Term Structure-0.9%-9.0%11.0%-4.7%-3.8%
VWIV76.3%71.2%89.3%80.7%73.1%
Skew 25d11.6%-3.5%27.4%20.9%26.4%
Skew 10d19.2%-26.2%58.1%1.0%58.1%
Call IV 25d68.9%46.6%85.6%84.4%51.9%
Put IV 25d80.5%67.1%105.3%105.3%78.3%
Bid-Ask Spread %80.7070.7894.9494.9490.45
Gamma HHI0.290.240.390.270.31
Net GEX11.2K-19.5K39.3K20.9K-5.2K
Net DEX-288.7K-1.3M132.1K-375.1K73.9K
Net VEX-9.9K-10.7K-9.0K-9.0K-9.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.600.005.270.500.00
Total Volume2,316.211323,9963,06048
Total OI14,067.36811,70417,92411,70413,064

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-11-03$5.70$12.5084.2%23.5%323.6%0.0%80.7%20.9%-4.7%20.9K-375.1K-9.0K0.5094.942,0441,0167,8683,836
2014-11-04$5.95$12.5073.8%23.5%324.6%0.0%89.3%16.7%-6.6%23.6K-618.7K-9.5K0.5894.151,8681,0847,9443,856
2014-11-05$5.75$12.5076.7%21.6%323.5%0.0%75.8%-1.2%-2.5%23.6K-410.6K-9.2K0.5882.401,8841,0848,1844,072
2014-11-06$5.72$12.5082.1%22.7%323.6%0.0%79.2%-3.5%-9.0%25.9K-467.4K-9.8K0.7371.551,4761,0848,6804,080
2014-11-07$6.29$12.5073.6%21.4%326.1%0.0%76.3%7.3%7.5%39.3K-1.3M-10.7K0.7177.771,5721,1168,9164,100
2014-11-10$6.08$12.5073.1%20.8%326.1%0.0%71.2%11.5%-0.6%31.8K-914.4K-10.1K0.8280.881,5081,2449,1164,224
2014-11-11$5.79$12.5087.3%21.7%325.1%0.0%74.9%7.0%4.1%27.2K-505.2K-9.6K1.4771.611,4282,1008,9204,136
2014-11-12$5.69$12.5081.7%21.7%324.9%0.0%77.5%6.8%-3.0%18.9K-317.3K-9.7K2.0278.001,3242,6729,4405,008
2014-11-13$5.55$12.5075.5%21.2%324.1%0.0%75.3%5.4%-1.2%10.5K9.8K-9.8K1.5670.781,1521,7969,4365,800
2014-11-14$5.65$12.5075.6%21.5%324.1%0.0%0.0%9.8%-1.9%7.5K-37.6K-10.0K0.3377.992489,4286,216
2014-11-17$5.67$12.5079.9%21.4%324.2%0.0%75.0%10.1%-8.4%7.9K-49.9K-9.6K1.5376.991,1241,7209,4326,224
2014-11-18$5.75$12.5075.7%21.4%323.7%0.0%73.1%4.9%-1.6%8.1K-201.5K-9.7K1.5971.831,1281,7969,4326,224
2014-11-19$5.63$12.5074.1%21.1%323.7%0.0%0.0%10.3%-0.8%7.9K-80.5K-9.5K5.2778.233802,0049,3806,196
2014-11-20$5.73$12.5068.1%20.7%323.6%0.0%74.8%4.6%5.6%-8.6K132.1K-10.4K1.9183.301,0121,9329,4248,160
2014-11-21$5.68$12.5072.2%20.7%323.4%0.0%75.4%27.4%-4.5%-19.5K128.2K-10.7K1.8585.391,0641,9649,4008,524
2014-11-24$5.76$12.5066.1%20.2%323.4%0.0%73.9%24.4%4.8%-3.2K-243.5K-10.1K5.0086.57402006,3446,324
2014-11-25$5.66$12.5059.1%22.3%323.2%0.0%74.8%18.7%11.0%-679-249.1K-10.2K1.4985.877441,1086,3206,524
2014-11-26$5.64$12.5065.6%20.5%80.0%0.0%73.1%12.9%-1.3%-2.4K-82.8K-10.1K2.4274.56761846,3806,668
2014-11-28$5.46$12.5067.0%21.2%72.8%0.0%0.0%26.4%-3.8%-5.2K73.9K-9.7K0.0090.454806,3886,676