BBSI Options History — May 2019

In May 2019, BBSI traded between $17.89 and $19.86. ATM implied volatility averaged 39.4%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 1.0% (HV 20d: 38.5%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.82.

Notable Days

2019-05-03: Highest Volume — 104 contracts
2019-05-15: Largest IV drop — 32.8% change
2019-05-14: Highest IV Rank — 58.3%
2019-05-31: Largest Expected Move — 12.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.97	$17.89	$19.86	$19.02	$17.89
Max Pain	$17.16	$15.00	$17.50	$15.00	$17.50
ATM IV	39.4%	32.0%	54.3%	35.4%	41.9%
Expected Move	10.6%	9.2%	12.0%	10.1%	12.0%
HV 20d	38.5%	30.3%	42.1%	37.0%	30.9%
HV 60d	31.7%	29.3%	33.5%	31.0%	29.6%
IV Rank	30.1%	16.2%	58.3%	22.6%	33.1%
IV Percentile	42.8%	15.5%	90.9%	26.6%	59.1%
Term Structure	0.1%	-5.2%	5.9%	-1.6%	-1.2%
VWIV	33.5%	30.5%	36.4%	30.5%	32.3%
Skew 25d	5.4%	-7.8%	12.9%	8.5%	8.4%
Skew 10d	13.1%	-1.6%	34.5%	21.1%	9.1%
Call IV 25d	33.4%	23.7%	52.6%	31.7%	36.0%
Put IV 25d	38.8%	26.5%	61.1%	40.2%	44.4%
Bid-Ask Spread %	107.19	93.38	116.43	104.00	103.94
Gamma HHI	0.38	0.27	0.51	0.39	0.27
Net GEX	4.4K	1.4K	8.9K	6.1K	2.1K
Net DEX	-94.3K	-173.7K	-22.7K	-136.9K	-22.7K
Net VEX	-187	-238	-129	-226	-204
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.82	0.00	4.00	0.06	0.00
Total Volume	28.182	0	104	72	16
Total OI	184.182	56	264	260	92

Daily Data (22 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
2019-05-01	$19.02	$15.00	35.4%	10.1%	37.0%	22.6%	30.5%	8.5%	-1.6%	6.1K	-136.9K	-226	0.06	104.00	68	4	160	100
2019-05-02	$18.93	$15.00	35.7%	10.2%	37.1%	23.2%	32.9%	12.8%	-0.3%	6.1K	-130.5K	-216	0.35	105.52	68	24	160	100
2019-05-03	$19.68	$15.00	32.0%	9.2%	39.4%	16.2%	33.5%	6.6%	2.5%	8.4K	-167.5K	-203	0.44	104.70	72	32	160	92
2019-05-06	$19.86	$17.50	37.4%	10.2%	38.8%	26.4%	0.0%	1.6%	2.7%	7.3K	-173.7K	-206	2.00	98.73	4	8	160	100
2019-05-07	$18.94	$17.50	40.5%	10.8%	42.1%	32.3%	0.0%	1.9%	-5.1%	5.3K	-140.3K	-238	2.00	101.04	4	8	164	100
2019-05-08	$18.93	$17.50	44.4%	10.1%	41.2%	39.7%	0.0%	-7.8%	5.9%	5.6K	-133.6K	-231	4.00	107.97	4	16	164	100
2019-05-09	$19.00	$17.50	43.3%	10.5%	41.0%	37.6%	0.0%	7.3%	1.7%	6.3K	-130.2K	-213	4.00	110.86	4	16	164	100
2019-05-10	$18.87	$17.50	44.5%	10.3%	40.6%	39.8%	0.0%	8.2%	1.7%	5.8K	-118.5K	-196	0.00	108.95	0	0	160	100
2019-05-13	$18.62	$17.50	49.0%	11.5%	40.8%	48.5%	0.0%	9.6%	4.3%	5.3K	-103.1K	-172	0.00	93.38	4	0	160	100
2019-05-14	$18.95	$17.50	54.3%	10.7%	41.2%	58.3%	36.4%	3.5%	3.4%	6.2K	-119.3K	-170	1.43	110.49	28	40	160	100
2019-05-15	$19.02	$17.50	36.4%	10.4%	40.9%	24.6%	0.0%	12.9%	4.9%	6.5K	-123.9K	-163	0.00	110.19	24	0	160	100
2019-05-16	$19.46	$17.50	40.6%	11.6%	41.7%	32.4%	0.0%	5.1%	-3.5%	8.9K	-150.5K	-149	0.00	105.11	24	0	160	100
2019-05-17	$19.23	$17.50	36.6%	10.5%	39.9%	25.0%	0.0%	6.7%	-5.2%	1.5K	-152.5K	-129	0.00	111.64	28	0	160	100
2019-05-20	$19.07	$17.50	39.1%	11.2%	40.0%	29.7%	0.0%	4.3%	-1.6%	1.4K	-31.9K	-130	0.50	116.43	8	4	40	16
2019-05-21	$19.50	$17.50	34.6%	9.9%	38.5%	21.1%	35.3%	2.2%	-2.8%	1.6K	-36.0K	-164	0.20	104.66	20	4	44	20
2019-05-22	$19.41	$17.50	36.4%	10.4%	37.6%	24.6%	34.7%	-3.0%	3.0%	2.2K	-43.8K	-195	0.20	114.83	20	4	56	20
2019-05-23	$18.89	$17.50	37.8%	10.8%	38.0%	27.2%	32.2%	12.3%	0.1%	2.1K	-38.3K	-198	0.20	112.43	20	4	56	20
2019-05-24	$18.78	$17.50	34.6%	9.9%	37.3%	21.2%	32.3%	4.0%	0.3%	2.1K	-32.7K	-192	0.20	104.49	20	4	56	20
2019-05-28	$18.76	$17.50	36.4%	10.4%	37.3%	24.6%	0.0%	5.9%	-1.6%	2.2K	-34.3K	-186	0.00	108.42	0	0	56	20
2019-05-29	$18.36	$17.50	39.9%	11.4%	35.0%	29.2%	0.0%	-0.0%	-2.3%	2.0K	-27.8K	-173	0.00	106.88	0	0	56	20
2019-05-30	$18.24	$17.50	37.1%	10.6%	30.3%	23.8%	0.0%	8.4%	-3.1%	1.7K	-26.5K	-167	0.00	113.41	16	0	56	20
2019-05-31	$17.89	$17.50	41.9%	12.0%	30.9%	33.1%	0.0%	8.4%	-1.2%	2.1K	-22.7K	-204	0.00	103.94	16	0	72	20