BBSI Options History — April 2019

In April 2019, BBSI traded between $18.13 and $19.51. ATM implied volatility averaged 42.1%, placing in the 35.3% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 17.2% (HV 20d: 24.8%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.33.

Notable Days

2019-04-30: Highest Volume — 68 contracts
2019-04-08: Largest IV drop — 27.3% change
2019-04-25: Highest IV Rank — 55.2%
2019-04-25: Largest Expected Move — 15.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.03	$18.13	$19.51	$19.51	$18.13
Max Pain	$15.00	$15.00	$15.00	$15.00	$15.00
ATM IV	42.1%	31.4%	52.6%	41.3%	38.3%
Expected Move	12.0%	10.4%	15.1%	10.6%	11.0%
HV 20d	24.8%	19.0%	32.5%	19.0%	32.5%
HV 60d	28.4%	25.9%	29.8%	29.3%	29.8%
IV Rank	35.3%	15.0%	55.2%	33.7%	28.1%
IV Percentile	56.4%	13.9%	87.7%	56.7%	39.3%
Term Structure	-5.0%	-13.0%	-1.2%	-6.1%	-6.6%
VWIV	46.2%	38.6%	62.7%	38.6%	45.1%
Skew 25d	5.1%	-15.7%	22.3%	6.1%	7.8%
Skew 10d	3.8%	-28.5%	39.7%	-9.8%	39.7%
Call IV 25d	43.7%	32.1%	56.4%	40.1%	51.4%
Put IV 25d	48.7%	35.4%	62.5%	46.3%	59.1%
Bid-Ask Spread %	103.30	83.36	109.26	102.84	83.36
Gamma HHI	0.51	0.32	0.97	0.40	0.33
Net GEX	6.1K	1.9K	60.6K	2.4K	2.3K
Net DEX	-113.7K	-143.0K	-89.8K	-111.5K	-91.4K
Net VEX	-168	-207	-120	-194	-179
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.33	0.00	1.67	0.00	0.00
Total Volume	7.81	0	68	0	68
Total OI	183.048	168	196	172	192

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
2019-04-01	$19.51	$15.00	41.3%	10.6%	19.0%	33.7%	0.0%	6.1%	-6.1%	2.4K	-111.5K	-194	0.00	102.84	0	0	84	88
2019-04-02	$19.24	$15.00	47.3%	11.2%	19.5%	45.2%	0.0%	-15.7%	-7.0%	2.4K	-110.0K	-193	0.00	105.26	0	0	84	88
2019-04-03	$19.21	$15.00	39.4%	10.8%	19.5%	30.2%	0.0%	5.0%	-1.3%	2.5K	-107.4K	-192	0.00	102.94	0	0	84	88
2019-04-04	$18.99	$15.00	38.7%	11.3%	19.7%	28.9%	0.0%	4.4%	-1.3%	2.5K	-104.8K	-188	0.00	107.35	0	0	84	88
2019-04-05	$19.41	$15.00	43.1%	10.5%	21.6%	37.3%	0.0%	6.9%	-1.5%	2.5K	-111.1K	-158	0.00	107.77	20	0	84	88
2019-04-08	$19.13	$15.00	31.4%	11.3%	22.1%	15.0%	0.0%	9.7%	-1.7%	5.0K	-135.3K	-202	0.00	90.65	0	0	104	88
2019-04-09	$18.67	$15.00	37.0%	12.0%	23.4%	25.6%	0.0%	2.9%	-2.8%	5.3K	-118.9K	-207	0.00	96.24	0	0	104	88
2019-04-10	$18.91	$15.00	40.7%	11.7%	24.1%	32.8%	0.0%	5.9%	-1.9%	4.6K	-118.0K	-197	0.00	108.48	0	0	104	88
2019-04-11	$19.22	$15.00	41.2%	11.8%	25.1%	33.7%	0.0%	8.6%	-5.8%	4.6K	-131.3K	-179	0.00	108.88	0	0	104	88
2019-04-12	$19.21	$15.00	40.0%	11.5%	24.9%	31.4%	0.0%	9.4%	-1.2%	4.5K	-133.8K	-181	0.00	108.76	0	0	104	88
2019-04-15	$19.01	$15.00	43.9%	12.6%	25.0%	38.6%	0.0%	22.3%	-5.0%	5.3K	-126.4K	-177	0.00	100.84	0	0	104	88
2019-04-16	$19.29	$15.00	41.1%	11.8%	25.3%	33.5%	0.0%	6.7%	-1.5%	5.1K	-136.3K	-157	0.00	109.06	0	0	104	88
2019-04-17	$19.43	$15.00	36.2%	10.4%	25.2%	24.1%	38.6%	10.7%	-6.6%	5.3K	-143.0K	-141	0.00	106.26	8	0	108	88
2019-04-18	$18.76	$15.00	41.2%	11.8%	28.1%	33.7%	41.7%	-1.4%	-3.6%	60.6K	-122.9K	-144	0.00	106.03	12	0	108	88
2019-04-22	$18.70	$15.00	42.2%	12.1%	24.5%	35.5%	0.0%	-8.1%	-5.4%	2.4K	-92.3K	-134	0.00	109.26	0	0	80	88
2019-04-23	$19.41	$15.00	40.3%	11.5%	26.5%	31.9%	0.0%	0.8%	-8.8%	2.3K	-105.7K	-120	0.00	107.64	0	0	80	88
2019-04-24	$18.96	$15.00	49.1%	14.1%	27.8%	48.7%	0.0%	15.7%	-10.2%	2.2K	-100.5K	-134	0.00	99.10	0	0	80	88
2019-04-25	$18.54	$15.00	52.6%	15.1%	28.9%	55.2%	62.7%	-3.5%	-8.9%	1.9K	-89.8K	-144	0.00	106.18	0	24	80	96
2019-04-26	$18.93	$15.00	46.5%	13.3%	29.8%	43.6%	42.6%	-3.3%	-4.8%	1.9K	-92.2K	-130	1.67	98.85	12	20	80	104
2019-04-29	$18.89	$15.00	51.8%	14.9%	29.5%	53.7%	0.0%	15.3%	-13.0%	2.5K	-104.9K	-180	0.00	103.45	0	0	92	100
2019-04-30	$18.13	$15.00	38.3%	11.0%	32.5%	28.1%	45.1%	7.8%	-6.6%	2.3K	-91.4K	-179	0.00	83.36	68	0	92	100