BBSI Options History — April 2018

In April 2018, BBSI traded between $20.32 and $22.40. ATM implied volatility averaged 40.0%, placing in the 58.3% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 9.6% (HV 20d: 30.5%). Max pain ranged from $18.75 to $21.25. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.51.

Notable Days

  • 2018-04-19: Highest Volume — 4,420 contracts
  • 2018-04-11: Largest IV spike — 20.4% change
  • 2018-04-30: Highest IV Rank — 72.7%
  • 2018-04-30: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.55$20.32$22.40$20.32$21.95
Max Pain$19.11$18.75$21.25$21.25$18.75
ATM IV40.0%31.8%46.4%35.7%46.4%
Expected Move11.7%9.6%13.3%10.2%13.3%
HV 20d30.5%24.5%34.8%34.7%29.1%
HV 60d32.5%31.0%33.6%31.9%31.1%
IV Rank58.3%39.5%72.7%48.5%72.7%
IV Percentile80.7%59.1%94.8%70.2%94.8%
Term Structure-3.5%-8.8%2.2%2.2%-8.8%
VWIV43.2%32.9%50.9%35.6%50.9%
Skew 25d4.9%3.0%6.8%4.0%5.5%
Skew 10d10.6%7.5%13.4%7.5%10.9%
Call IV 25d38.8%32.2%46.0%32.9%46.0%
Put IV 25d43.8%35.9%51.4%36.9%51.4%
Bid-Ask Spread %44.7721.0979.3876.1624.63
Gamma HHI0.520.330.900.360.43
Net GEX342.2K55.1K1.1M66.7K215.9K
Net DEX-2.5M-5.5M43.2K43.2K-3.1M
Net VEX-10.7K-13.4K-8.5K-11.7K-9.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.510.251.951.361.92
Total Volume1,989.9057324,4202,580736
Total OI6,9444,5928,0967,7404,600

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-04-02$20.32$21.2535.7%10.2%34.7%48.5%35.6%4.0%2.2%66.7K43.2K-11.7K1.3676.161,0921,4885,1882,552
2018-04-03$20.60$21.2536.0%10.3%34.8%49.1%35.9%3.7%0.0%117.2K-608.4K-12.3K1.3672.101,0921,4885,1882,552
2018-04-04$21.00$21.2533.5%9.6%30.1%43.3%35.8%3.0%-0.4%173.3K-1.1M-12.5K1.6379.389121,4885,1882,552
2018-04-05$21.36$18.7531.8%9.8%30.4%39.5%32.9%4.1%1.6%263.6K-2.1M-13.4K1.6260.689161,4885,2122,552
2018-04-06$20.60$18.7534.6%11.7%31.8%46.0%42.6%5.1%-2.0%55.1K-172.3K-11.3K1.6054.289161,4685,2122,552
2018-04-09$20.61$18.7537.1%12.0%24.5%51.7%40.2%5.1%-2.4%60.4K-230.0K-10.5K1.5650.199441,4685,2122,592
2018-04-10$21.57$18.7533.2%11.2%29.8%42.7%41.5%5.1%-1.4%311.8K-2.5M-11.9K1.5448.279521,4685,2482,592
2018-04-11$21.36$18.7540.0%11.5%29.9%58.1%43.5%5.3%-1.1%239.0K-1.8M-11.2K1.5432.589521,4685,2482,592
2018-04-12$21.84$18.7540.8%11.7%29.7%59.9%43.3%4.7%-3.7%463.5K-3.4M-11.9K1.3522.771,0881,4685,2482,592
2018-04-13$21.54$18.7541.5%11.9%30.0%61.5%42.9%4.7%-2.9%326.8K-2.3M-10.8K1.3553.871,0881,4685,4082,592
2018-04-16$21.75$18.7541.3%11.8%29.9%61.1%44.4%3.9%-3.3%490.7K-2.9M-9.7K1.3351.961,0881,4525,4082,592
2018-04-17$22.40$18.7540.7%11.7%31.0%59.8%43.5%5.2%-3.6%1.0M-5.5M-9.9K1.6357.895448885,4082,592
2018-04-18$22.21$18.7541.1%11.8%31.2%60.7%44.9%5.5%-4.5%1.1M-4.8M-9.9K1.6357.335448885,4802,616
2018-04-19$22.17$18.7541.2%11.8%31.2%61.0%41.8%4.9%-4.1%1.1M-3.8M-8.5K0.2557.553,5328885,4762,616
2018-04-20$21.79$18.7543.4%12.4%31.2%65.8%45.9%4.7%-5.1%192.5K-3.5M-10.7K0.4621.961,9408885,3682,616
2018-04-23$21.81$18.7544.8%12.8%30.2%69.1%47.5%4.5%-6.6%198.2K-3.0M-10.4K1.9521.092484843,5361,056
2018-04-24$21.92$18.7542.4%12.1%30.2%63.6%47.2%6.8%-5.8%204.6K-3.0M-10.2K1.8921.322564843,5361,060
2018-04-25$21.73$18.7545.5%13.0%30.0%70.7%48.8%4.9%-7.1%191.6K-2.9M-9.8K1.8926.712564843,5361,060
2018-04-26$21.87$18.7546.1%13.2%30.0%72.0%49.5%6.4%-7.4%196.7K-3.1M-9.9K1.8923.612564843,5361,060
2018-04-27$22.11$18.7543.8%12.5%30.1%66.7%48.0%6.8%-7.6%218.4K-3.3M-9.7K1.9225.752524843,5401,060
2018-04-30$21.95$18.7546.4%13.3%29.1%72.7%50.9%5.5%-8.8%215.9K-3.1M-9.2K1.9224.632524843,5401,060