BBSI Options History — August 2019

In August 2019, BBSI traded between $20.69 and $22.61. ATM implied volatility averaged 40.7%, placing in the 28.2% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 4.4% (HV 20d: 36.3%). Max pain ranged from $20.00 to $21.25. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 22.21.

Notable Days

2019-08-21: Highest Volume — 1,024 contracts
2019-08-07: Largest IV drop — 41.5% change
2019-08-06: Highest IV Rank — 94.7%
2019-08-02: Largest Expected Move — 20.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.86	$20.69	$22.61	$22.18	$21.67
Max Pain	$20.11	$20.00	$21.25	$21.25	$20.00
ATM IV	40.7%	26.6%	73.7%	54.2%	34.0%
Expected Move	10.7%	7.6%	20.1%	15.6%	9.8%
HV 20d	36.3%	24.1%	39.6%	24.1%	39.0%
HV 60d	33.4%	29.5%	34.7%	29.5%	32.9%
IV Rank	28.2%	0.0%	94.7%	55.3%	15.0%
IV Percentile	32.8%	0.0%	98.8%	90.1%	13.1%
Term Structure	0.3%	-20.9%	14.4%	-8.8%	0.7%
VWIV	41.9%	24.6%	57.0%	57.0%	42.2%
Skew 25d	6.9%	2.3%	22.9%	2.3%	5.4%
Skew 10d	15.8%	1.1%	43.4%	16.8%	11.3%
Call IV 25d	34.7%	24.5%	61.7%	57.4%	33.8%
Put IV 25d	41.6%	33.1%	72.6%	59.7%	39.2%
Bid-Ask Spread %	83.24	59.39	112.97	85.42	83.25
Gamma HHI	0.46	0.25	0.75	0.36	0.71
Net GEX	-21.7K	-88.6K	8.7K	3.8K	-88.6K
Net DEX	107.1K	-121.6K	732.2K	-95.4K	511.0K
Net VEX	-962	-2.9K	-248	-318	-2.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	22.21	0.00	127.00	0.25	127.00
Total Volume	78.364	0	1,024	40	4
Total OI	646.364	76	1,828	168	1,788

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
2019-08-01	$22.18	$21.25	54.2%	15.6%	24.1%	55.3%	57.0%	2.3%	-8.8%	3.8K	-95.4K	-318	0.25	85.42	32	8	96	72
2019-08-02	$21.83	$21.25	70.0%	20.1%	25.0%	87.3%	0.0%	10.9%	-20.9%	3.5K	-77.2K	-316	0.00	93.10	0	8	96	72
2019-08-05	$20.69	$20.00	73.5%	14.1%	32.3%	94.3%	50.8%	8.2%	-5.7%	2.0K	-35.3K	-309	1.00	59.39	8	8	96	76
2019-08-06	$21.18	$20.00	73.7%	13.4%	32.8%	94.7%	0.0%	22.9%	-7.2%	2.9K	-63.1K	-324	0.00	105.05	4	0	100	76
2019-08-07	$21.27	$20.00	43.1%	10.3%	30.3%	32.8%	36.6%	4.4%	3.0%	3.0K	-53.3K	-288	3.00	82.19	4	12	100	76
2019-08-08	$22.61	$20.00	34.8%	9.3%	37.3%	15.9%	24.6%	3.5%	4.6%	7.2K	-121.6K	-302	2.00	72.87	8	16	104	88
2019-08-09	$22.27	$20.00	37.4%	9.4%	37.6%	21.2%	0.0%	5.1%	4.1%	6.1K	-100.4K	-331	0.00	72.50	0	0	104	92
2019-08-12	$22.57	$20.00	46.0%	9.9%	37.2%	38.5%	0.0%	2.5%	2.7%	7.3K	-117.9K	-306	0.00	63.86	0	0	104	92
2019-08-13	$22.41	$20.00	29.6%	8.8%	37.3%	5.4%	0.0%	9.6%	5.4%	8.7K	-110.4K	-283	0.00	81.88	0	0	104	92
2019-08-14	$21.96	$20.00	34.9%	10.0%	38.0%	16.1%	0.0%	8.6%	2.9%	5.7K	-108.6K	-299	0.00	112.97	0	0	104	92
2019-08-15	$21.52	$20.00	36.5%	10.5%	38.7%	19.4%	0.0%	5.7%	1.8%	4.2K	-67.3K	-293	0.00	75.46	0	0	104	92
2019-08-16	$22.04	$20.00	26.6%	7.6%	39.6%	0.0%	0.0%	10.0%	14.4%	789	-82.2K	-261	0.00	92.04	0	0	104	92
2019-08-19	$21.98	$20.00	33.0%	9.5%	39.5%	13.0%	0.0%	10.3%	2.0%	832	-38.4K	-254	0.00	99.04	0	0	40	36
2019-08-20	$21.82	$20.00	37.0%	10.6%	39.2%	21.0%	0.0%	6.3%	-0.2%	812	-34.4K	-259	0.00	76.07	0	0	40	36
2019-08-21	$21.95	$20.00	31.4%	9.0%	37.7%	9.8%	37.2%	3.2%	0.9%	855	-38.0K	-248	127.00	72.55	8	1,016	40	36
2019-08-22	$22.04	$20.00	30.2%	8.7%	37.7%	7.3%	33.1%	3.5%	1.2%	-48.1K	283.2K	-1.8K	0.00	85.08	0	216	48	1,156
2019-08-23	$21.20	$20.00	36.6%	10.5%	39.3%	20.2%	48.4%	5.7%	-1.5%	-82.5K	732.2K	-2.9K	0.00	79.03	0	284	48	1,456
2019-08-26	$21.67	$20.00	33.6%	9.6%	39.1%	14.1%	44.4%	7.2%	1.8%	-83.7K	505.1K	-2.5K	0.00	86.56	0	40	48	1,740
2019-08-27	$21.97	$20.00	33.8%	9.7%	39.2%	14.6%	0.0%	5.8%	2.5%	-77.7K	508.5K	-2.6K	0.00	81.97	0	0	48	1,780
2019-08-28	$22.07	$20.00	35.3%	10.1%	39.2%	17.5%	40.1%	2.6%	0.8%	-75.1K	465.3K	-2.3K	0.00	85.91	0	8	48	1,780
2019-08-29	$21.92	$20.00	30.0%	8.6%	39.2%	6.9%	46.6%	7.9%	1.8%	-79.7K	494.8K	-2.3K	0.00	85.19	0	40	48	1,776
2019-08-30	$21.67	$20.00	34.0%	9.8%	39.0%	15.0%	42.2%	5.4%	0.7%	-88.6K	511.0K	-2.4K	0.00	83.25	0	4	48	1,740