BBSI Options History — May 2018

In May 2018, BBSI traded between $20.27 and $22.17. ATM implied volatility averaged 30.5%, placing in the 36.5% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 3.9% (HV 20d: 26.6%). Max pain ranged from $18.75 to $21.25. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 1.44.

Notable Days

  • 2018-05-04: Highest Volume — 1,044 contracts
  • 2018-05-02: Largest IV drop — 32.5% change
  • 2018-05-01: Highest IV Rank — 72.6%
  • 2018-05-01: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.42$20.27$22.17$21.90$21.52
Max Pain$20.57$18.75$21.25$18.75$21.25
ATM IV30.5%23.4%46.3%46.3%31.9%
Expected Move8.7%6.7%13.3%13.3%9.1%
HV 20d26.6%22.0%32.8%28.9%22.0%
HV 60d30.7%28.1%32.3%31.1%28.1%
IV Rank36.5%20.5%72.6%72.6%39.7%
IV Percentile49.5%6.7%94.4%94.4%62.7%
Term Structure2.4%-8.5%6.8%-8.5%-1.1%
VWIV32.2%27.6%52.1%52.1%33.5%
Skew 25d4.4%1.3%10.3%6.5%5.5%
Skew 10d7.0%1.0%14.5%13.4%7.7%
Call IV 25d28.2%22.9%45.2%45.2%28.8%
Put IV 25d32.6%27.3%51.7%51.7%34.3%
Bid-Ask Spread %41.3519.3383.8325.9940.22
Gamma HHI0.390.240.490.430.33
Net GEX109.1K14.1K246.7K219.8K14.1K
Net DEX-883.5K-3.0M-333.2K-3.0M-333.2K
Net VEX-4.2K-8.7K-3.3K-8.7K-4.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.440.792.121.922.12
Total Volume7163921,044736636
Total OI3,381.6361,3364,6684,6001,548

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-05-01$21.90$18.7546.3%13.3%28.9%72.6%52.1%6.5%-8.5%219.8K-3.0M-8.7K1.9225.992524843,5401,060
2018-05-02$20.98$18.7531.3%9.0%32.6%38.4%30.5%2.4%-0.2%197.6K-1.3M-5.6K1.5269.933084683,5401,060
2018-05-03$20.50$20.0034.5%9.3%32.8%45.7%31.6%2.3%4.0%134.4K-813.0K-4.9K1.5536.282964603,5761,064
2018-05-04$20.31$20.0032.8%9.3%30.4%41.9%31.6%2.5%3.5%104.9K-625.4K-4.5K0.7932.985844603,5721,076
2018-05-07$20.27$20.0035.4%9.5%30.4%47.7%32.7%2.3%3.4%70.1K-530.4K-4.0K1.4419.333204603,3961,076
2018-05-08$20.72$20.0030.7%8.9%26.6%37.0%32.2%3.2%3.9%133.4K-769.5K-4.1K1.4220.533244603,3161,076
2018-05-09$21.08$20.0030.6%8.8%27.3%36.7%32.7%3.6%4.4%184.0K-1.0M-4.4K1.4241.473244603,3201,076
2018-05-10$21.37$20.0030.3%8.7%26.5%36.0%31.5%4.0%4.2%246.7K-1.3M-4.5K1.2929.593284243,3201,076
2018-05-11$21.42$20.0030.0%8.6%26.1%35.4%31.4%5.6%4.0%236.1K-1.2M-4.3K1.1825.583604243,3241,080
2018-05-14$21.06$20.0029.3%8.4%26.4%33.9%30.6%2.4%6.8%147.4K-863.5K-3.5K1.6230.683605843,3881,080
2018-05-15$21.08$21.2532.4%9.3%23.8%40.8%32.3%1.3%0.9%124.3K-638.8K-3.6K1.5135.143885843,3881,240
2018-05-16$21.55$21.2527.9%8.0%25.2%30.7%29.2%7.2%6.0%176.9K-1.0M-3.9K1.3538.844325843,4281,240
2018-05-17$21.66$21.2529.3%8.4%25.3%34.0%30.7%4.8%4.8%204.3K-960.3K-3.6K1.4029.974085723,3281,240
2018-05-18$21.74$21.2530.2%8.7%24.7%35.9%30.7%4.5%4.5%24.8K-1.0M-3.6K1.6447.253485723,3401,232
2018-05-21$22.02$21.2528.6%8.2%25.1%32.3%30.9%5.7%-0.3%27.5K-602.6K-3.6K1.2849.16172220940396
2018-05-22$21.87$21.2528.3%8.1%25.2%31.6%27.6%3.1%0.8%24.5K-589.4K-3.5K1.2850.42172220932404
2018-05-23$22.00$21.2525.4%7.3%25.0%25.0%30.1%4.5%1.2%26.5K-614.4K-3.5K1.3344.55172228932404
2018-05-24$22.17$21.2524.8%7.1%25.1%23.7%28.8%4.2%3.4%27.0K-632.8K-3.7K1.3348.75172228932416
2018-05-25$22.14$21.2523.4%6.7%24.8%20.5%31.3%5.2%4.0%28.6K-623.7K-3.5K1.1253.67204228932416
2018-05-29$21.77$21.2528.5%8.2%25.4%32.0%32.8%10.3%1.6%23.4K-516.4K-3.3K1.1483.83204232928416
2018-05-30$22.02$21.2528.3%8.1%25.8%31.6%32.7%4.9%0.5%24.9K-592.1K-3.4K2.1255.57204432928420
2018-05-31$21.52$21.2531.9%9.1%22.0%39.7%33.5%5.5%-1.1%14.1K-333.2K-4.3K2.1240.22204432928620