BBSI Options History — March 2018

In March 2018, BBSI traded between $18.69 and $22.02. ATM implied volatility averaged 32.4%, placing in the 39.8% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded below realized volatility by 0.4% (HV 20d: 32.7%). Max pain ranged from $17.50 to $21.25. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.86.

Notable Days

  • 2018-03-19: Highest Volume — 3,648 contracts
  • 2018-03-13: Largest IV spike — 17.9% change
  • 2018-03-13: Highest IV Rank — 56.3%
  • 2018-03-15: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.76$18.69$22.02$18.69$20.73
Max Pain$19.40$17.50$21.25$17.50$21.25
ATM IV32.4%28.5%39.1%29.5%31.3%
Expected Move9.1%8.1%10.7%8.5%9.0%
HV 20d32.7%28.4%35.1%30.8%33.5%
HV 60d32.1%30.1%34.3%30.5%31.8%
IV Rank39.8%28.4%56.3%30.4%38.4%
IV Percentile58.6%44.0%75.0%49.2%57.9%
Term Structure1.2%-4.6%4.7%0.5%1.6%
VWIV33.9%28.3%43.7%28.3%31.4%
Skew 25d3.1%-5.1%7.3%7.2%3.1%
Skew 10d7.4%-3.0%18.7%12.9%11.2%
Call IV 25d31.4%27.3%43.9%27.3%30.3%
Put IV 25d34.5%31.5%40.0%34.5%33.3%
Bid-Ask Spread %71.2547.8289.5172.4277.09
Gamma HHI0.410.250.610.270.44
Net GEX109.6K18.7K266.9K19.8K140.5K
Net DEX-1.4M-3.2M-390.7K-428.8K-862.8K
Net VEX-8.5K-18.4K-1.4K-1.5K-13.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.302.130.510.88
Total Volume2,168.7624763,6485443,188
Total OI4,114.0956967,7407007,740

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-03-01$18.69$17.5029.5%8.5%30.8%30.4%28.3%7.2%0.5%19.8K-428.8K-1.5K0.5172.42360184464236
2018-03-02$18.81$17.5031.5%9.0%30.8%34.3%30.7%5.4%-1.8%18.7K-390.9K-1.4K0.5582.78308168428268
2018-03-05$19.00$17.5033.2%8.7%30.8%37.6%37.3%5.0%1.8%19.1K-390.7K-1.4K1.4651.29336492420292
2018-03-06$20.05$17.5028.5%8.1%34.5%28.4%36.7%3.5%1.6%23.3K-580.2K-1.4K0.9651.96512492432460
2018-03-07$20.29$17.5031.9%9.2%32.7%35.1%37.8%3.0%0.7%30.2K-734.1K-2.0K0.8547.82688588592460
2018-03-08$20.88$18.7530.5%9.1%28.4%36.6%38.2%2.5%0.4%38.2K-1.1M-3.1K0.8849.40708624872560
2018-03-09$22.02$18.7535.0%9.1%30.0%46.9%35.8%3.5%2.1%37.7K-1.6M-3.7K0.7781.558006161,076616
2018-03-12$21.81$18.7533.2%8.9%31.4%42.8%37.9%7.3%3.7%70.7K-2.1M-5.5K0.7683.258206201,604628
2018-03-13$21.70$18.7539.1%10.3%30.7%56.3%43.7%-5.0%2.3%70.0K-2.2M-5.3K0.7589.518286201,624632
2018-03-14$21.18$18.7537.0%10.6%33.7%51.4%40.5%7.3%-4.6%84.4K-1.9M-5.8K0.7684.908286281,812632
2018-03-15$21.36$18.7537.2%10.7%33.7%51.7%32.1%-5.1%-3.8%80.4K-2.0M-5.8K0.3084.602,1286281,804640
2018-03-16$21.64$18.7532.1%9.2%33.7%40.3%30.3%3.5%1.7%203.8K-3.2M-9.0K0.4964.151,4327043,124640
2018-03-19$21.30$18.7531.5%9.0%35.0%38.8%31.4%2.9%1.2%266.9K-2.8M-10.5K2.1367.921,1642,4844,004760
2018-03-20$21.45$21.2530.0%8.6%33.2%35.5%30.8%3.1%2.5%227.0K-2.4M-15.8K0.8565.641,7561,4884,5882,548
2018-03-21$21.43$21.2530.6%8.8%33.0%36.8%30.3%3.3%2.3%251.7K-2.8M-18.4K0.8569.961,7561,4885,1882,552
2018-03-22$21.06$21.2531.2%9.0%33.6%38.3%31.3%2.1%0.9%201.4K-1.8M-16.9K0.8576.041,7561,4885,1882,552
2018-03-23$20.66$21.2531.2%8.9%35.1%38.2%30.8%3.6%3.0%142.6K-923.7K-15.5K0.8575.111,7561,4885,1882,552
2018-03-26$20.75$21.2530.0%8.6%35.0%35.6%32.4%3.5%3.6%155.8K-1.1M-14.4K0.8571.511,7561,4885,1882,552
2018-03-27$20.47$21.2532.8%9.4%34.1%41.8%32.1%3.1%1.8%109.6K-462.7K-13.9K0.8869.901,7001,4885,1882,552
2018-03-28$20.60$21.2532.5%9.3%33.6%41.1%32.8%2.1%4.7%110.4K-495.9K-13.4K0.8879.391,7001,4885,1882,552
2018-03-29$20.73$21.2531.3%9.0%33.5%38.4%31.4%3.1%1.6%140.5K-862.8K-13.6K0.8877.091,7001,4885,1882,552