BBSI Options History — December 2017

In December 2017, BBSI traded between $15.85 and $17.06. ATM implied volatility averaged 26.5%, placing in the 24.2% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 1.0% (HV 20d: 25.4%). Max pain ranged from $15.00 to $16.25. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.51.

Notable Days

2017-12-29: Highest Volume — 516 contracts
2017-12-11: Largest IV spike — 20.4% change
2017-12-06: Highest IV Rank — 33.6%
2017-12-21: Largest Expected Move — 7.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$16.29	$15.85	$17.06	$16.44	$16.20
Max Pain	$16.17	$15.00	$16.25	$15.00	$16.25
ATM IV	26.5%	23.5%	31.1%	26.5%	26.5%
Expected Move	7.3%	6.9%	7.8%	7.6%	7.6%
HV 20d	25.4%	17.7%	29.4%	29.2%	28.2%
HV 60d	24.0%	21.8%	26.1%	21.8%	25.9%
IV Rank	24.2%	18.2%	33.6%	24.2%	24.2%
IV Percentile	21.9%	6.7%	44.8%	19.8%	23.8%
Term Structure	2.6%	-1.4%	5.1%	-1.4%	4.4%
VWIV	26.8%	24.0%	30.1%	27.0%	27.9%
Skew 25d	4.3%	-0.8%	7.5%	4.3%	5.4%
Skew 10d	10.3%	0.6%	19.5%	7.5%	5.7%
Call IV 25d	23.9%	19.0%	27.4%	24.7%	24.7%
Put IV 25d	28.2%	23.5%	32.4%	29.0%	30.1%
Bid-Ask Spread %	64.19	28.16	103.16	88.00	73.05
Gamma HHI	0.47	0.42	0.51	0.49	0.46
Net GEX	27.6K	22.9K	32.8K	22.9K	28.5K
Net DEX	-314.2K	-493.9K	-233.8K	-320.9K	-312.4K
Net VEX	-1.3K	-1.5K	-1.1K	-1.3K	-1.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.51	0.22	0.95	0.27	0.95
Total Volume	365.8	264	516	264	516
Total OI	677	536	820	536	820

Daily Data (20 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
2017-12-01	$16.44	$15.00	26.5%	7.6%	29.2%	24.2%	27.0%	4.3%	-1.4%	22.9K	-320.9K	-1.3K	0.27	88.00	208	56	476	60
2017-12-04	$16.57	$0.00	29.1%	7.3%	28.0%	29.5%	0.0%	3.7%	2.2%	24.6K	-334.3K	-1.3K	0.27	34.10	208	56	476	60
2017-12-05	$16.23	$0.00	28.5%	7.3%	29.4%	28.3%	0.0%	4.5%	2.8%	23.3K	-284.2K	-1.2K	0.25	31.87	220	56	476	60
2017-12-06	$16.09	$0.00	31.1%	7.2%	28.5%	33.6%	0.0%	3.3%	2.1%	23.7K	-260.2K	-1.1K	0.25	39.76	220	56	488	60
2017-12-07	$16.30	$0.00	26.8%	7.2%	21.9%	24.9%	0.0%	6.1%	2.5%	26.8K	-277.0K	-1.1K	0.25	85.06	220	56	488	60
2017-12-08	$16.32	$0.00	23.5%	7.1%	21.8%	18.2%	24.9%	6.7%	2.7%	27.6K	-284.9K	-1.1K	0.22	103.16	260	56	488	60
2017-12-11	$16.14	$16.25	28.3%	6.9%	19.1%	27.8%	24.0%	4.9%	1.1%	29.9K	-303.1K	-1.2K	0.25	28.16	224	56	528	60
2017-12-12	$16.15	$16.25	27.6%	7.3%	19.1%	26.5%	25.6%	4.7%	2.6%	30.1K	-313.0K	-1.2K	0.25	61.25	224	56	528	60
2017-12-13	$16.29	$16.25	25.3%	7.3%	18.1%	21.9%	30.1%	4.2%	1.2%	32.8K	-329.6K	-1.2K	0.64	67.92	236	152	528	60
2017-12-14	$16.35	$16.25	24.6%	7.1%	17.7%	20.5%	24.0%	2.1%	2.6%	30.3K	-289.9K	-1.2K	0.64	67.66	236	152	524	156
2017-12-15	$17.06	$16.25	24.5%	7.0%	22.8%	20.4%	24.6%	6.1%	2.9%	25.4K	-493.9K	-1.3K	0.56	93.19	272	152	524	156
2017-12-18	$16.30	$16.25	25.5%	7.3%	28.1%	22.3%	25.5%	3.5%	5.1%	28.7K	-363.9K	-1.5K	0.68	77.57	248	168	612	156
2017-12-19	$16.34	$16.25	24.3%	7.0%	27.5%	20.0%	26.5%	5.5%	3.6%	28.2K	-320.7K	-1.5K	0.68	54.97	248	168	612	172
2017-12-20	$16.48	$16.25	26.1%	7.5%	27.6%	23.6%	27.5%	4.3%	2.1%	31.3K	-363.5K	-1.5K	0.68	63.65	248	168	624	172
2017-12-21	$16.40	$16.25	27.1%	7.8%	27.5%	25.4%	27.1%	7.5%	1.8%	31.1K	-355.6K	-1.5K	0.68	67.61	248	168	624	172
2017-12-22	$16.06	$16.25	24.9%	7.1%	28.5%	21.2%	28.3%	2.9%	3.4%	27.3K	-299.2K	-1.4K	0.68	51.67	248	168	624	172
2017-12-26	$15.85	$16.25	26.3%	7.5%	28.6%	23.8%	29.5%	3.4%	3.2%	23.9K	-233.8K	-1.2K	0.71	50.43	248	176	624	172
2017-12-27	$16.05	$16.25	26.4%	7.6%	28.7%	24.2%	29.5%	4.4%	4.0%	25.7K	-241.9K	-1.3K	0.71	66.57	248	176	624	180
2017-12-28	$16.27	$16.25	26.2%	7.5%	28.4%	23.7%	26.4%	-0.8%	2.7%	29.7K	-301.9K	-1.3K	0.67	78.25	264	176	624	180
2017-12-29	$16.20	$16.25	26.5%	7.6%	28.2%	24.2%	27.9%	5.4%	4.4%	28.5K	-312.4K	-1.4K	0.95	73.05	264	252	640	180