BBSI Options History — April 2017

In April 2017, BBSI traded between $13.27 and $14.78. ATM implied volatility averaged 39.9%, placing in the 20.3% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 10.7% (HV 20d: 29.1%). Max pain ranged from $13.75 to $13.75. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.88.

Notable Days

2017-04-21: Highest Volume — 732 contracts
2017-04-12: Largest IV spike — 22.8% change
2017-04-21: Highest IV Rank — 28.8%
2017-04-21: Largest Expected Move — 13.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$13.94	$13.27	$14.78	$13.28	$14.39
Max Pain	$13.75	$13.75	$13.75	$13.75	$13.75
ATM IV	39.9%	33.0%	47.0%	34.3%	42.5%
Expected Move	11.8%	9.8%	13.5%	9.8%	12.2%
HV 20d	29.1%	22.5%	51.6%	51.6%	24.7%
HV 60d	36.8%	36.3%	37.3%	36.3%	36.9%
IV Rank	20.3%	11.8%	28.8%	13.3%	23.5%
IV Percentile	35.5%	13.9%	57.5%	15.9%	46.4%
Term Structure	-1.2%	-5.1%	7.4%	7.3%	-5.0%
VWIV	43.8%	39.7%	47.5%	41.3%	45.9%
Skew 25d	8.0%	-2.7%	14.0%	0.8%	4.7%
Skew 10d	16.9%	7.5%	28.2%	10.3%	13.1%
Call IV 25d	38.9%	34.6%	42.8%	38.3%	42.8%
Put IV 25d	46.8%	36.4%	51.8%	39.1%	47.5%
Bid-Ask Spread %	84.50	73.94	96.57	90.45	80.24
Gamma HHI	0.25	0.21	0.30	0.21	0.28
Net GEX	-7.9K	-11.8K	-2.9K	-7.6K	-8.7K
Net DEX	222.2K	-36.7K	382.2K	382.2K	134.6K
Net VEX	-2.2K	-2.8K	-1.9K	-2.7K	-1.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.88	0.77	1.07	0.84	1.03
Total Volume	679.789	572	732	728	584
Total OI	1,762.316	1,500	1,860	1,840	1,568

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2017-04-03	$13.28	$13.75	34.3%	9.8%	51.6%	13.3%	41.3%	0.8%	7.3%	-7.6K	382.2K	-2.7K	0.84	90.45	396	332	800	1,040
2017-04-04	$13.27	$13.75	34.7%	9.9%	51.6%	13.7%	43.6%	-1.0%	4.6%	-10.9K	356.0K	-2.8K	0.84	92.88	396	332	800	1,040
2017-04-05	$13.43	$13.75	34.9%	10.0%	37.7%	13.9%	42.8%	-2.7%	7.4%	-8.5K	374.1K	-2.6K	0.84	96.57	396	332	800	1,040
2017-04-06	$13.59	$13.75	33.0%	11.4%	29.4%	11.8%	43.3%	11.9%	0.2%	-10.0K	377.9K	-2.5K	0.84	79.42	396	332	800	1,040
2017-04-07	$13.72	$13.75	33.4%	11.6%	26.6%	13.0%	43.8%	8.9%	-1.0%	-7.6K	291.9K	-2.6K	0.84	87.65	396	332	800	1,040
2017-04-10	$13.62	$13.75	33.8%	12.0%	26.3%	13.4%	42.8%	8.9%	-3.1%	-8.3K	303.5K	-2.4K	0.84	83.87	396	332	800	1,040
2017-04-11	$13.95	$13.75	35.4%	11.8%	27.5%	15.3%	40.7%	11.6%	-1.0%	-7.4K	245.0K	-2.3K	0.84	82.03	396	332	800	1,040
2017-04-12	$13.53	$13.75	43.5%	12.5%	29.8%	24.6%	44.7%	7.1%	-2.0%	-8.4K	354.6K	-2.3K	0.77	82.58	400	308	800	1,040
2017-04-13	$13.73	$13.75	42.4%	12.1%	29.6%	23.4%	43.6%	7.2%	-2.0%	-8.6K	320.8K	-2.3K	0.77	82.30	400	308	804	1,040
2017-04-17	$13.69	$13.75	40.1%	11.5%	28.8%	20.7%	44.0%	5.5%	1.3%	-9.4K	290.3K	-2.0K	0.77	88.59	400	308	804	1,040
2017-04-18	$13.87	$13.75	45.3%	13.0%	28.4%	26.7%	47.5%	11.1%	-5.1%	-7.8K	253.5K	-2.0K	0.82	82.21	376	308	804	1,040
2017-04-19	$14.01	$13.75	46.0%	13.2%	23.0%	27.6%	45.7%	11.4%	-4.5%	-2.9K	169.2K	-2.1K	0.82	86.40	376	308	820	1,040
2017-04-20	$14.21	$13.75	46.6%	13.4%	23.3%	28.3%	45.5%	11.6%	-5.1%	-3.2K	54.8K	-2.0K	0.82	84.96	376	308	820	1,040
2017-04-21	$14.32	$13.75	47.0%	13.5%	22.9%	28.8%	45.8%	9.4%	-3.6%	-10.7K	-36.7K	-2.0K	0.95	83.74	376	356	820	1,040
2017-04-24	$14.40	$13.75	43.5%	12.5%	22.9%	24.6%	46.7%	9.6%	-3.7%	-11.8K	201.3K	-2.0K	1.07	86.19	276	296	568	932
2017-04-25	$14.50	$13.75	40.9%	11.7%	22.5%	21.7%	42.4%	14.0%	-2.7%	-8.3K	86.8K	-1.9K	1.01	80.56	292	296	568	932
2017-04-26	$14.78	$13.75	40.3%	11.5%	23.0%	20.9%	39.7%	13.4%	-4.2%	-4.1K	13.7K	-1.9K	1.06	81.04	280	296	600	932
2017-04-27	$14.57	$13.75	39.8%	11.4%	23.9%	20.3%	42.0%	8.3%	-1.4%	-5.2K	47.4K	-1.9K	1.00	73.94	296	296	620	932
2017-04-28	$14.39	$13.75	42.5%	12.2%	24.7%	23.5%	45.9%	4.7%	-5.0%	-8.7K	134.6K	-1.9K	1.03	80.24	288	296	636	932