BBSI Options History — July 2018

In July 2018, BBSI traded between $22.71 and $24.41. ATM implied volatility averaged 35.7%, placing in the 48.5% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 3.8% (HV 20d: 31.9%). Max pain ranged from $18.75 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.16.

Notable Days

  • 2018-07-17: Highest Volume — 624 contracts
  • 2018-07-03: Largest IV drop — 25.7% change
  • 2018-07-31: Highest IV Rank — 63.8%
  • 2018-07-31: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.93$22.71$24.41$24.06$22.89
Max Pain$19.17$18.75$20.00$20.00$20.00
ATM IV35.7%26.9%42.5%36.1%42.5%
Expected Move10.7%7.7%12.2%10.4%12.2%
HV 20d31.9%21.1%37.1%37.0%24.2%
HV 60d28.5%27.7%30.2%30.2%28.5%
IV Rank48.5%28.3%63.8%49.4%63.8%
IV Percentile66.4%25.8%88.5%70.6%88.5%
Term Structure-2.9%-9.5%8.4%5.3%-4.4%
VWIV39.9%33.9%46.6%44.0%45.4%
Skew 25d4.7%-0.5%10.3%7.9%5.0%
Skew 10d12.5%-1.2%25.1%8.8%10.3%
Call IV 25d36.0%27.9%42.2%40.4%40.1%
Put IV 25d40.7%27.4%48.3%48.3%45.1%
Bid-Ask Spread %89.3059.81118.14118.1492.52
Gamma HHI0.540.410.620.500.43
Net GEX63.5K44.1K89.9K44.1K55.1K
Net DEX-972.2K-1.1M-454.8K-986.8K-509.7K
Net VEX-3.5K-3.9K-2.8K-3.9K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.811.531.530.99
Total Volume533.714456624456572
Total OI1,667.811,4921,8481,6721,584

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-07-02$24.06$20.0036.1%10.4%37.0%49.4%44.0%7.9%5.3%44.1K-986.8K-3.9K1.53118.14180276904768
2018-07-03$23.93$20.0026.9%7.7%37.1%28.3%33.9%-0.5%8.4%54.2K-987.4K-3.6K1.53113.30180276904768
2018-07-05$24.18$18.7529.8%10.2%37.0%35.0%36.9%4.2%-2.3%56.1K-1.1M-3.5K1.5377.71180276904768
2018-07-06$24.26$18.7528.9%11.1%36.5%33.0%38.1%6.1%-6.0%53.2K-1.1M-3.5K1.5376.10180276904768
2018-07-09$24.31$18.7528.2%10.7%36.3%31.3%37.5%3.2%-3.3%56.8K-1.1M-3.3K1.4176.48196276904768
2018-07-10$24.20$18.7529.7%10.4%33.4%34.7%38.5%6.1%-1.6%58.7K-1.1M-3.4K1.4163.32196276920768
2018-07-11$23.94$18.7536.3%10.4%32.0%49.9%38.7%1.8%-1.2%56.7K-989.3K-3.3K1.4170.24196276920768
2018-07-12$24.19$18.7536.5%10.5%31.9%50.2%37.9%-0.3%-2.2%66.2K-1.0M-3.3K1.4159.81196276920768
2018-07-13$24.41$18.7532.3%9.3%31.8%40.7%37.0%4.9%-1.1%65.9K-1.1M-3.2K1.4163.03196276920768
2018-07-16$24.00$18.7539.4%11.3%31.5%56.8%38.0%8.0%-6.8%62.3K-936.8K-3.0K0.8162.43340276920768
2018-07-17$24.00$18.7538.2%10.9%31.5%54.0%39.4%5.7%-3.4%67.1K-1.0M-3.9K0.84103.793402841,072776
2018-07-18$24.19$18.7539.7%11.4%31.5%57.5%38.5%4.6%-5.4%67.3K-1.1M-3.9K0.84108.913402841,072776
2018-07-19$23.91$18.7538.9%11.1%31.2%55.6%39.8%9.0%-2.5%63.6K-1.1M-3.8K0.84107.053402841,072776
2018-07-20$24.23$18.7535.4%10.1%31.1%47.6%38.4%3.4%-2.2%74.2K-1.1M-3.8K0.8483.343402841,072776
2018-07-23$24.00$18.7539.8%11.4%31.2%57.7%45.9%4.3%-7.3%71.1K-1.1M-3.7K0.92108.742922681,024468
2018-07-24$23.40$18.7540.4%11.6%32.9%59.1%43.9%2.8%-9.5%65.7K-909.6K-3.5K0.88108.563122761,024468
2018-07-25$23.97$20.0041.3%11.8%33.6%61.1%38.9%3.8%-7.2%73.4K-923.8K-3.4K1.06110.872642801,084476
2018-07-26$24.09$20.0038.5%11.0%33.1%54.8%38.0%1.2%-3.9%89.9K-1.0M-3.6K1.0889.172602801,096480
2018-07-27$23.67$20.0033.5%9.6%21.1%43.5%41.9%10.3%0.1%78.3K-723.3K-3.3K1.0895.022602801,084480
2018-07-30$22.71$20.0038.6%11.1%24.0%55.0%46.6%6.8%-5.2%52.9K-454.8K-2.8K0.9786.822882801,084480
2018-07-31$22.89$20.0042.5%12.2%24.2%63.8%45.4%5.0%-4.4%55.1K-509.7K-2.9K0.9992.522882841,100484