BBSI Options History — December 2019

In December 2019, BBSI traded between $21.36 and $23.29. ATM implied volatility averaged 28.3%, placing in the 9.4% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 4.5% (HV 20d: 23.8%). Max pain ranged from $18.75 to $21.25. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.16.

Notable Days

2019-12-12: Highest Volume — 180 contracts
2019-12-06: Largest IV drop — 22.5% change
2019-12-05: Highest IV Rank — 23.6%
2019-12-05: Largest Expected Move — 10.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$22.39	$21.36	$23.29	$21.80	$22.64
Max Pain	$20.54	$18.75	$21.25	$21.25	$21.25
ATM IV	28.3%	24.0%	35.5%	32.9%	26.8%
Expected Move	8.1%	6.9%	10.3%	9.4%	7.7%
HV 20d	23.8%	18.0%	35.5%	35.5%	21.7%
HV 60d	28.6%	26.8%	29.6%	28.2%	26.8%
IV Rank	9.4%	0.9%	23.6%	18.5%	6.4%
IV Percentile	8.6%	0.8%	33.3%	19.4%	6.0%
Term Structure	3.9%	-3.5%	8.7%	-1.2%	5.7%
VWIV	29.0%	25.3%	33.4%	33.4%	25.3%
Skew 25d	4.3%	-6.6%	11.9%	9.8%	5.9%
Skew 10d	1.7%	-8.4%	13.5%	-6.2%	-7.2%
Call IV 25d	27.6%	23.1%	36.0%	28.1%	23.5%
Put IV 25d	31.9%	20.9%	41.4%	38.0%	29.4%
Bid-Ask Spread %	96.00	83.63	104.92	95.56	98.55
Gamma HHI	0.32	0.28	0.60	0.60	0.29
Net GEX	8.0K	-14.0K	18.6K	-14.0K	17.9K
Net DEX	-151.6K	-398.1K	210.9K	210.9K	-305.2K
Net VEX	-2.0K	-2.2K	-1.5K	-1.5K	-2.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.16	0.00	1.00	0.02	0.00
Total Volume	23.81	0	180	172	8
Total OI	754.857	508	852	508	848

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
2019-12-02	$21.80	$21.25	32.9%	9.4%	35.5%	18.5%	33.4%	9.8%	-1.2%	-14.0K	210.9K	-1.5K	0.02	95.56	168	4	68	440
2019-12-03	$21.79	$21.25	33.0%	9.5%	35.4%	18.7%	0.0%	3.7%	0.5%	-1.8K	45.8K	-2.1K	0.00	87.15	0	4	228	444
2019-12-04	$21.64	$21.25	35.2%	10.1%	34.0%	23.0%	0.0%	1.6%	-1.0%	-1.0K	45.8K	-2.0K	0.00	104.42	0	0	228	440
2019-12-05	$21.36	$18.75	35.5%	10.3%	18.0%	23.6%	0.0%	5.9%	-3.5%	-3.7K	68.7K	-2.0K	0.00	104.82	12	0	228	440
2019-12-06	$21.47	$18.75	27.5%	8.6%	18.3%	7.7%	0.0%	11.7%	8.7%	-2.9K	88.6K	-2.0K	1.00	104.28	4	4	216	440
2019-12-09	$22.00	$18.75	33.3%	8.6%	20.0%	19.2%	30.0%	3.3%	0.9%	-3.1K	22.9K	-1.8K	0.00	98.41	16	0	220	444
2019-12-10	$22.26	$18.75	29.9%	8.1%	19.8%	12.5%	0.0%	4.4%	3.7%	1.9K	-15.3K	-1.9K	0.00	87.85	0	0	220	444
2019-12-11	$22.54	$18.75	27.6%	7.9%	20.2%	8.0%	0.0%	6.3%	5.2%	3.6K	-40.2K	-1.8K	0.00	88.82	4	0	220	444
2019-12-12	$22.77	$18.75	27.7%	7.9%	20.5%	8.1%	30.9%	0.3%	5.4%	3.9K	-112.9K	-1.7K	0.10	89.67	164	16	220	444
2019-12-13	$23.29	$21.25	24.3%	7.0%	21.9%	1.3%	0.0%	3.1%	5.8%	18.6K	-398.1K	-2.1K	0.00	83.63	0	4	380	456
2019-12-16	$22.59	$21.25	25.6%	7.3%	24.6%	4.0%	25.7%	3.6%	6.3%	15.0K	-249.6K	-2.2K	0.00	93.14	12	0	380	460
2019-12-17	$22.83	$21.25	27.3%	7.8%	24.9%	7.4%	0.0%	11.9%	3.4%	15.8K	-302.6K	-2.1K	0.00	93.02	0	0	388	460
2019-12-18	$22.90	$21.25	25.8%	7.4%	24.8%	4.4%	25.3%	4.8%	5.3%	14.5K	-336.3K	-2.0K	0.00	92.26	24	0	388	460
2019-12-19	$22.41	$21.25	26.2%	7.5%	26.0%	5.2%	0.0%	2.6%	6.2%	13.8K	-211.9K	-2.2K	0.00	97.85	16	0	392	460
2019-12-20	$22.73	$21.25	24.0%	6.9%	23.1%	0.9%	0.0%	3.8%	6.7%	15.0K	-294.7K	-2.2K	0.00	94.20	0	0	392	460
2019-12-23	$22.68	$21.25	26.6%	7.6%	22.8%	6.0%	0.0%	2.4%	6.6%	14.2K	-274.6K	-2.0K	0.00	99.07	8	0	356	456
2019-12-24	$22.73	$21.25	29.0%	8.3%	22.1%	10.8%	0.0%	2.3%	0.5%	13.5K	-311.3K	-2.0K	0.00	98.59	0	0	364	456
2019-12-26	$22.69	$21.25	26.5%	7.6%	22.1%	5.7%	0.0%	-6.6%	5.0%	15.3K	-304.9K	-2.0K	0.00	104.92	0	0	364	456
2019-12-27	$22.53	$21.25	25.8%	7.4%	22.3%	4.4%	0.0%	3.9%	6.0%	14.2K	-259.5K	-2.0K	1.00	100.39	4	4	364	456
2019-12-30	$22.44	$21.25	24.6%	7.0%	22.3%	1.9%	0.0%	5.1%	6.2%	17.2K	-248.4K	-1.9K	0.00	99.37	24	0	368	460
2019-12-31	$22.64	$21.25	26.8%	7.7%	21.7%	6.4%	0.0%	5.9%	5.7%	17.9K	-305.2K	-2.0K	0.00	98.55	8	0	388	460