BBSI Options History — January 2019

In January 2019, BBSI traded between $13.89 and $15.85. ATM implied volatility averaged 42.4%, placing in the 36.0% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 6.0% (HV 20d: 36.4%). Max pain ranged from $15.00 to $16.25. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 1.50.

Notable Days

2019-01-18: Highest Volume — 60 contracts
2019-01-09: Largest IV drop — 26.7% change
2019-01-03: Highest IV Rank — 64.3%
2019-01-02: Largest Expected Move — 14.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$14.96	$13.89	$15.85	$14.33	$15.71
Max Pain	$16.19	$15.00	$16.25	$15.00	$16.25
ATM IV	42.4%	32.2%	57.4%	50.6%	38.7%
Expected Move	12.0%	9.2%	14.5%	14.5%	12.4%
HV 20d	36.4%	30.9%	41.3%	36.6%	36.0%
HV 60d	43.6%	42.4%	44.6%	43.6%	43.5%
IV Rank	36.0%	16.6%	64.3%	51.5%	28.9%
IV Percentile	61.8%	23.4%	94.4%	87.7%	49.2%
Term Structure	3.6%	-17.1%	11.3%	-17.1%	-0.4%
VWIV	46.1%	37.6%	54.7%	54.7%	37.6%
Skew 25d	7.7%	-9.5%	20.2%	-9.5%	8.3%
Skew 10d	14.0%	-10.4%	32.7%	-9.3%	12.9%
Call IV 25d	39.5%	30.4%	48.7%	45.7%	41.8%
Put IV 25d	47.3%	36.2%	58.0%	36.2%	50.1%
Bid-Ask Spread %	94.24	31.41	121.03	121.03	31.41
Gamma HHI	0.23	0.20	0.28	0.21	0.23
Net GEX	76	-958	1.2K	-300	583
Net DEX	15.4K	-15.0K	38.2K	29.5K	-8.4K
Net VEX	-345	-389	-267	-376	-367
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.50	0.50	2.00	0.50	2.00
Total Volume	7.048	0	60	0	16
Total OI	574.286	556	600	556	588

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2019-01-02	$14.33	$15.00	50.6%	14.5%	36.6%	51.5%	0.0%	-9.5%	-17.1%	-300	29.5K	-376	0.00	121.03	0	0	420	136
2019-01-03	$13.89	$16.25	57.4%	13.8%	30.9%	64.3%	0.0%	8.5%	0.6%	-663	34.9K	-367	0.00	94.10	0	0	420	136
2019-01-04	$14.48	$16.25	50.7%	13.6%	35.9%	51.7%	0.0%	7.0%	-0.5%	-39	24.4K	-359	0.00	96.47	0	0	420	136
2019-01-07	$14.36	$16.25	45.4%	14.5%	35.9%	41.7%	0.0%	8.4%	0.7%	37	18.3K	-374	0.00	93.92	0	0	420	136
2019-01-08	$14.65	$16.25	56.3%	12.9%	37.1%	62.2%	0.0%	5.9%	7.7%	39	25.6K	-367	0.00	91.71	0	8	420	136
2019-01-09	$14.57	$16.25	41.2%	11.8%	36.9%	33.8%	0.0%	9.3%	5.0%	25	28.6K	-389	0.00	104.76	0	8	420	144
2019-01-10	$14.77	$16.25	35.8%	10.3%	37.5%	23.4%	0.0%	7.6%	7.0%	48	23.7K	-317	0.00	106.12	0	8	420	144
2019-01-11	$14.96	$16.25	37.0%	10.6%	37.6%	25.6%	0.0%	6.9%	10.1%	35	25.1K	-331	0.00	101.35	0	8	420	144
2019-01-14	$14.53	$16.25	45.0%	12.9%	37.0%	40.7%	0.0%	8.3%	2.1%	-708	33.9K	-323	0.00	93.94	0	0	420	152
2019-01-15	$14.59	$16.25	37.8%	10.8%	36.3%	27.1%	0.0%	6.3%	11.3%	-708	33.5K	-303	0.00	98.99	0	0	420	152
2019-01-16	$14.41	$16.25	45.9%	13.1%	35.7%	42.4%	0.0%	20.2%	-0.8%	-958	38.2K	-311	0.00	100.75	0	0	420	152
2019-01-17	$14.61	$16.25	42.5%	12.2%	35.9%	36.0%	0.0%	10.5%	2.3%	-396	32.8K	-297	0.00	93.47	0	0	420	152
2019-01-18	$14.62	$16.25	37.9%	10.9%	35.1%	27.3%	54.7%	5.0%	5.5%	-510	33.1K	-267	0.50	93.70	40	20	420	152
2019-01-22	$15.58	$16.25	42.8%	12.3%	41.3%	36.7%	0.0%	8.2%	5.9%	408	569	-387	0.00	93.12	0	0	436	164
2019-01-23	$15.76	$16.25	37.0%	10.6%	40.8%	25.7%	0.0%	5.4%	5.5%	663	-7.8K	-371	0.00	94.80	0	0	436	164
2019-01-24	$15.65	$16.25	32.2%	9.2%	37.6%	16.6%	0.0%	11.5%	7.0%	779	-1.7K	-359	2.00	95.31	4	8	436	164
2019-01-25	$15.85	$16.25	35.0%	10.0%	33.9%	21.9%	0.0%	4.4%	6.7%	1.2K	-14.0K	-349	2.00	91.12	4	8	440	160
2019-01-28	$15.46	$16.25	44.2%	12.7%	35.6%	39.3%	0.0%	10.4%	4.5%	569	-5.2K	-351	0.00	97.38	0	0	420	160
2019-01-29	$15.50	$16.25	40.1%	11.5%	35.6%	31.5%	0.0%	7.9%	6.2%	688	-6.8K	-341	0.00	93.12	0	0	420	160
2019-01-30	$15.79	$16.25	37.5%	10.8%	35.9%	26.7%	37.6%	12.0%	6.7%	810	-15.0K	-337	0.00	92.47	0	16	420	160
2019-01-31	$15.71	$0.00	38.7%	12.4%	36.0%	28.9%	0.0%	8.3%	-0.4%	583	-8.4K	-367	0.00	31.41	0	16	420	168