BBSI Options History — April 2016

In April 2016, BBSI traded between $6.72 and $8.66. ATM implied volatility averaged 80.1%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 21.9%. IV traded above realized volatility by 8.0% (HV 20d: 72.2%). Max pain ranged from $6.25 to $7.50. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.53.

Notable Days

  • 2016-04-12: Highest Volume — 4,184 contracts
  • 2016-04-05: Largest IV spike — 45.3% change
  • 2016-04-07: Highest IV Rank — 42.4%
  • 2016-04-07: Largest Expected Move — 25.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.44$6.72$8.66$7.06$7.77
Max Pain$7.44$6.25$7.50$6.25$7.50
ATM IV80.1%56.1%113.1%84.8%67.8%
Expected Move21.9%16.1%25.2%24.3%19.4%
HV 20d72.2%25.5%151.7%151.7%66.4%
HV 60d98.6%95.6%101.4%98.6%100.8%
IV Rank23.1%9.1%42.4%25.9%15.9%
IV Percentile75.7%29.4%99.2%87.3%62.7%
Term Structure-5.1%-12.8%13.4%-3.6%-1.4%
VWIV76.5%65.4%96.5%96.5%72.6%
Skew 25d9.9%-10.5%32.1%32.1%-10.5%
Skew 10d24.8%7.6%49.8%49.8%9.9%
Call IV 25d75.4%62.1%94.5%68.8%85.7%
Put IV 25d85.2%75.2%100.9%100.9%75.2%
Bid-Ask Spread %87.0674.16110.2193.44110.21
Gamma HHI0.330.220.440.220.23
Net GEX9.3K-3.0K15.4K-3.0K7.6K
Net DEX-306.2K-853.9K121.0K121.0K-317.3K
Net VEX-4.8K-5.9K-2.1K-2.1K-5.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.530.173.860.243.86
Total Volume2,726.8572,1604,1842,6083,016
Total OI6,043.6193,1566,9203,1566,888

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-04-01$7.06$6.2584.8%24.3%151.7%25.9%96.5%32.1%-3.6%-3.0K121.0K-2.1K0.2493.442,0965121,0562,100
2016-04-04$6.93$7.5072.9%22.6%151.5%18.9%76.1%13.2%-5.8%11.0K-346.3K-3.7K0.2179.832,2924762,6562,224
2016-04-05$6.81$7.50106.0%25.1%151.2%38.2%80.5%10.7%-11.9%11.2K-328.4K-3.7K0.2374.872,2925242,8962,220
2016-04-06$6.75$7.5097.1%23.0%150.9%33.1%78.1%11.8%-5.5%10.6K-262.0K-3.7K0.1976.482,2804242,8962,300
2016-04-07$6.72$7.50113.1%25.2%150.7%42.4%80.1%10.9%-12.8%9.8K-266.2K-3.5K0.1883.292,2804002,8962,292
2016-04-08$6.79$7.5088.9%24.4%49.8%28.3%82.1%9.7%-12.6%11.4K-299.4K-3.5K0.1780.782,2763962,8962,308
2016-04-11$6.89$7.5089.7%23.5%28.3%28.7%80.4%13.8%-10.7%13.1K-290.8K-3.4K0.7474.162,2401,6602,9162,308
2016-04-12$6.97$7.5094.4%23.4%27.8%31.5%81.2%3.9%-10.0%7.8K46.6K-5.4K0.7088.972,4561,7282,9803,600
2016-04-13$7.11$7.5081.0%23.2%28.5%23.6%75.5%9.4%-7.3%12.6K-20.4K-5.4K1.9579.537841,5323,1043,720
2016-04-14$7.21$7.5078.6%22.5%28.8%22.2%71.9%11.9%-12.4%7.4K-25.1K-5.4K2.1680.867681,6563,1163,708
2016-04-15$7.42$7.5072.7%20.9%27.3%18.8%72.8%8.4%-8.4%9.1K-142.3K-5.5K2.2080.199001,9843,1203,800
2016-04-18$7.38$7.5074.7%21.4%25.6%20.0%77.3%8.3%-7.2%4.5K18.6K-5.7K2.3482.046481,5162,7523,512
2016-04-19$7.41$7.5075.4%21.6%25.5%20.4%75.1%9.1%-6.2%6.5K-71.4K-5.5K2.3583.406441,5162,7523,532
2016-04-20$8.66$7.5079.3%22.7%59.8%22.6%87.7%8.5%5.6%8.4K-853.9K-5.8K2.1789.397761,6842,7523,532
2016-04-21$8.21$7.5056.1%16.1%63.7%9.1%65.5%10.5%8.5%10.2K-713.1K-5.8K1.7983.519121,6362,8563,632
2016-04-22$8.16$7.5072.5%20.8%63.9%18.6%71.2%13.6%-5.3%11.3K-677.1K-5.9K1.7991.069121,6362,9603,628
2016-04-25$7.87$7.5079.5%22.8%65.3%22.8%70.3%10.5%-6.8%11.6K-452.1K-5.6K1.8191.899121,6482,9563,628
2016-04-26$8.15$7.5073.4%21.0%65.8%19.2%70.7%6.0%-9.2%15.4K-483.6K-5.5K2.0987.078761,8282,9563,712
2016-04-27$7.99$7.5059.5%17.1%66.3%11.0%65.4%-1.0%1.8%9.9K-388.2K-5.8K2.51109.907281,8282,9563,912
2016-04-28$7.92$7.5064.9%18.6%66.5%14.2%74.8%16.4%13.4%9.5K-679.3K-5.3K2.39107.337641,8282,9763,912
2016-04-29$7.77$7.5067.8%19.4%66.4%15.9%72.6%-10.5%-1.4%7.6K-317.3K-5.4K3.86110.216202,3962,9763,912