BBSI Options History — February 2020

In February 2020, BBSI traded between $14.73 and $21.83. ATM implied volatility averaged 40.9%, placing in the 34.8% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 12.0% (HV 20d: 28.9%). Max pain ranged from $17.50 to $23.75. Net GEX was positive for 2 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 4.59.

Notable Days

2020-02-27: Highest Volume — 84 contracts
2020-02-07: Largest IV spike — 37.0% change
2020-02-25: Highest IV Rank — 64.4%
2020-02-25: Largest Expected Move — 16.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.08	$14.73	$21.83	$21.00	$14.73
Max Pain	$22.17	$17.50	$23.75	$22.50	$17.50
ATM IV	40.9%	23.6%	55.9%	33.9%	54.4%
Expected Move	12.4%	8.6%	16.0%	9.7%	15.6%
HV 20d	28.9%	18.6%	68.9%	18.7%	68.9%
HV 60d	24.4%	19.7%	44.1%	25.5%	44.1%
IV Rank	34.8%	0.7%	64.4%	21.0%	61.4%
IV Percentile	61.8%	0.4%	97.2%	36.5%	95.6%
Term Structure	-2.2%	-12.4%	9.0%	5.9%	1.3%
VWIV	50.9%	39.2%	68.2%	55.6%	46.6%
Skew 25d	5.7%	-10.2%	18.2%	6.6%	-0.7%
Skew 10d	16.1%	-14.4%	29.6%	-14.4%	1.0%
Call IV 25d	42.4%	20.6%	63.0%	41.5%	56.9%
Put IV 25d	48.1%	32.1%	64.0%	48.1%	56.2%
Bid-Ask Spread %	85.76	70.00	112.93	112.93	107.79
Gamma HHI	0.51	0.20	0.82	0.47	0.46
Net GEX	-26.9K	-69.3K	734	-25.3K	-2.1K
Net DEX	167.2K	12.6K	354.6K	255.0K	101.5K
Net VEX	-613	-1.2K	-227	-1.2K	-279
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.59	0.00	20.00	0.00	20.00
Total Volume	15.158	0	84	4	0
Total OI	629.263	68	820	820	204

Daily Data (19 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
2020-02-03	$21.00	$22.50	33.9%	9.7%	18.7%	21.0%	55.6%	6.6%	5.9%	-25.3K	255.0K	-1.2K	0.00	112.93	4	0	268	552
2020-02-04	$21.20	$22.50	31.6%	9.0%	18.6%	16.4%	0.0%	18.2%	7.9%	-29.0K	257.2K	-1.1K	0.00	100.85	0	0	264	552
2020-02-05	$21.83	$22.50	29.9%	8.6%	21.5%	13.2%	0.0%	6.8%	9.0%	-15.0K	100.5K	-1.0K	0.00	96.96	4	0	264	552
2020-02-06	$21.52	$22.50	23.6%	11.6%	21.8%	0.7%	0.0%	2.6%	-4.5%	-32.9K	174.0K	-945	0.00	70.00	0	0	268	552
2020-02-07	$21.17	$22.50	32.3%	11.6%	22.4%	17.9%	0.0%	5.0%	-0.1%	-29.2K	244.9K	-1.0K	0.00	70.41	0	0	268	552
2020-02-10	$21.27	$0.00	31.3%	11.9%	22.5%	16.0%	0.0%	1.8%	-3.0%	-28.7K	202.7K	-809	0.00	82.00	0	0	268	548
2020-02-11	$21.07	$0.00	34.4%	12.0%	22.4%	22.0%	0.0%	5.5%	-2.3%	-36.6K	267.4K	-834	0.00	78.94	0	0	268	548
2020-02-12	$20.75	$0.00	42.9%	12.3%	22.8%	38.7%	0.0%	4.9%	-5.3%	-47.8K	334.9K	-790	0.00	71.23	0	0	268	548
2020-02-13	$20.64	$0.00	42.5%	12.2%	22.7%	38.0%	39.2%	13.8%	-6.2%	-60.2K	354.6K	-707	0.00	76.20	0	4	268	548
2020-02-14	$20.66	$23.75	40.9%	11.7%	20.2%	34.7%	0.0%	6.5%	-1.8%	-69.3K	337.4K	-606	0.00	71.39	0	0	268	552
2020-02-18	$20.93	$23.75	44.8%	12.8%	21.1%	42.5%	0.0%	1.3%	-4.9%	-53.5K	135.6K	-398	0.00	86.70	0	0	268	504
2020-02-19	$21.00	$23.75	42.1%	12.1%	21.2%	37.1%	0.0%	9.5%	-2.1%	-35.1K	92.3K	-321	0.00	83.04	0	40	268	504
2020-02-20	$20.86	$23.75	41.4%	11.9%	20.7%	35.9%	0.0%	0.7%	2.9%	-41.3K	82.5K	-311	0.00	82.23	4	0	268	476
2020-02-21	$21.00	$23.75	45.4%	13.0%	21.0%	43.6%	0.0%	7.2%	-4.3%	159	29.7K	-241	0.00	74.17	0	4	268	476
2020-02-24	$20.21	$23.75	54.5%	15.6%	24.4%	61.6%	48.7%	6.4%	-9.1%	-2	12.6K	-227	0.00	79.41	32	0	32	36
2020-02-25	$19.52	$22.50	55.9%	16.0%	25.4%	64.4%	68.2%	17.3%	-12.4%	734	13.6K	-234	12.00	83.67	4	48	64	40
2020-02-26	$16.37	$20.00	45.6%	13.1%	66.1%	44.1%	47.1%	4.2%	-2.3%	-3.8K	85.2K	-227	0.15	99.28	52	8	68	100
2020-02-27	$15.71	$17.50	49.3%	14.1%	66.7%	51.4%	46.6%	-10.2%	-10.3%	-2.9K	94.7K	-295	20.00	102.25	4	80	96	108
2020-02-28	$14.73	$17.50	54.4%	15.6%	68.9%	61.4%	0.0%	-0.7%	1.3%	-2.1K	101.5K	-279	0.00	107.79	0	0	96	108