BBSI Options History — August 2018

In August 2018, BBSI traded between $17.85 and $23.93. ATM implied volatility averaged 43.6%, placing in the 55.4% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded below realized volatility by 45.5% (HV 20d: 89.1%). Max pain ranged from $18.75 to $22.50. Net GEX was positive for 5 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.73.

Notable Days

  • 2018-08-09: Highest Volume — 1,028 contracts
  • 2018-08-10: Largest IV spike — 50.1% change
  • 2018-08-07: Highest IV Rank — 100.0%
  • 2018-08-03: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.74$17.85$23.93$23.88$18.64
Max Pain$19.84$18.75$22.50$20.00$18.75
ATM IV43.6%31.1%74.5%38.2%34.3%
Expected Move10.5%8.9%12.0%11.0%9.8%
HV 20d89.1%28.6%106.6%28.9%104.1%
HV 60d57.9%29.4%66.1%29.7%66.1%
IV Rank55.4%27.9%100.0%54.1%33.2%
IV Percentile77.9%49.2%100.0%75.4%61.1%
Term Structure-0.0%-7.1%7.1%-3.8%-0.1%
VWIV39.8%35.7%48.8%40.9%36.0%
Skew 25d4.1%-6.8%16.3%2.9%-4.4%
Skew 10d10.3%-15.6%21.9%1.0%14.3%
Call IV 25d36.9%29.6%47.6%39.8%38.8%
Put IV 25d41.0%32.1%50.6%42.7%34.4%
Bid-Ask Spread %85.8950.93113.01105.10106.73
Gamma HHI0.290.190.600.570.19
Net GEX9.7K-16.9K98.1K86.2K-16.9K
Net DEX20.5K-869.8K344.2K-869.8K316.8K
Net VEX-2.5K-3.2K-1.1K-3.2K-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.411.100.990.86
Total Volume621.5653841,028572552
Total OI1,620.1749922,4881,5841,224

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-08-01$23.88$20.0038.2%11.0%28.9%54.1%40.9%2.9%-3.8%86.2K-869.8K-3.2K0.99105.102882841,100484
2018-08-02$23.93$20.0038.2%10.9%28.6%54.1%48.0%16.3%-7.1%98.1K-847.6K-3.2K1.0499.572722841,100484
2018-08-03$22.86$20.0041.7%12.0%32.8%62.1%45.3%-0.7%-2.6%55.6K-506.8K-2.8K0.91101.883122841,108484
2018-08-06$23.25$22.5051.8%9.8%33.5%85.0%37.0%3.6%0.8%65.2K-659.1K-2.8K0.91105.333122841,156484
2018-08-07$23.48$22.5059.9%11.0%33.8%100.0%36.1%11.8%1.4%68.9K-822.8K-3.0K0.8450.933402841,156484
2018-08-08$17.85$22.5054.2%10.2%102.7%87.6%40.3%-6.8%6.0%-9.8K344.2K-1.1K0.5779.036403681,184484
2018-08-09$17.91$21.2543.8%11.1%102.5%64.7%40.9%7.2%3.6%-2.7K289.1K-2.2K0.6766.286164121,604756
2018-08-10$18.85$20.0065.8%9.6%104.9%100.0%36.6%-2.6%7.1%-10.2K200.0K-2.5K1.10101.314244681,516800
2018-08-13$18.39$20.0066.8%10.9%104.9%100.0%40.0%7.3%1.1%-15.3K305.6K-2.3K1.1078.044244681,520860
2018-08-14$18.95$20.0074.5%10.4%106.0%100.0%37.2%5.7%3.2%-13.2K159.0K-2.7K1.0060.254644641,520916
2018-08-15$18.52$20.0038.0%10.9%105.8%39.2%35.7%5.7%0.6%-15.4K251.1K-2.5K1.0282.994604681,560924
2018-08-16$18.66$20.0037.4%10.7%106.0%38.3%37.6%6.1%2.0%-9.6K170.6K-2.6K0.5565.154402401,560928
2018-08-17$18.80$20.0037.0%10.6%105.9%37.6%37.0%5.6%1.8%-3.9K53.3K-2.4K0.6072.394282561,560924
2018-08-20$18.50$18.7536.4%10.4%105.9%36.7%38.0%5.5%-1.0%-5.8K275.6K-2.5K0.5570.52260144520472
2018-08-21$18.95$18.7536.3%10.4%106.6%36.4%38.2%6.7%-1.5%-6.5K255.2K-2.6K0.5877.90264152520512
2018-08-22$19.06$18.7539.7%11.4%106.0%42.0%42.8%-3.8%-5.3%-4.9K227.3K-2.6K0.5890.01264152524512
2018-08-23$19.02$18.7535.4%10.1%105.9%34.9%40.6%-0.2%0.6%-5.8K233.5K-2.5K0.4582.09264120524512
2018-08-24$19.02$18.7534.2%9.8%105.9%32.9%37.6%9.2%1.2%-4.9K207.2K-2.7K0.4586.01264120524512
2018-08-27$18.73$18.7537.6%10.8%105.3%38.6%39.1%3.3%-5.4%-5.7K224.0K-2.5K0.4392.06276120524512
2018-08-28$19.04$18.7534.0%9.7%105.5%32.6%42.8%-0.6%1.4%-6.1K206.7K-2.6K0.4295.73276116536520
2018-08-29$19.22$18.7536.6%10.5%104.1%36.9%38.4%7.5%-2.0%-6.2K205.1K-2.4K0.4193.20296120556520
2018-08-30$18.42$18.7531.1%8.9%104.5%27.9%48.8%8.2%-2.5%-7.5K253.0K-2.4K0.86113.01296256556528
2018-08-31$18.64$18.7534.3%9.8%104.1%33.2%36.0%-4.4%-0.1%-16.9K316.8K-2.5K0.86106.73296256556668