BBSI Options History — April 2020

In April 2020, BBSI traded between $8.48 and $12.76. ATM implied volatility averaged 72.9%, placing in the 51.9% IV rank vs the trailing year. The 30-day expected move averaged 21.5%. IV traded below realized volatility by 46.3% (HV 20d: 119.3%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.01.

Notable Days

  • 2020-04-29: Highest Volume — 528 contracts
  • 2020-04-30: Largest IV spike — 28.3% change
  • 2020-04-01: Highest IV Rank — 67.6%
  • 2020-04-03: Largest Expected Move — 27.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.31$8.48$12.76$9.04$12.34
Max Pain$14.23$10.00$15.00$10.00$13.75
ATM IV72.9%60.2%87.9%87.9%77.6%
Expected Move21.5%17.3%27.0%25.2%22.3%
HV 20d119.3%67.7%170.4%165.1%68.7%
HV 60d107.6%103.7%112.8%103.7%112.8%
IV Rank51.9%38.7%67.6%67.6%56.9%
IV Percentile91.9%84.1%98.0%98.0%93.3%
Term Structure-13.2%-39.7%8.1%-3.1%-13.7%
VWIV72.0%65.2%83.1%83.1%74.3%
Skew 25d11.5%-13.0%27.6%18.1%24.0%
Skew 10d20.1%-3.3%59.4%44.8%14.6%
Call IV 25d66.3%46.9%91.5%89.3%57.4%
Put IV 25d77.9%58.9%107.4%107.4%81.4%
Bid-Ask Spread %106.9790.02115.78103.92105.64
Gamma HHI0.360.280.460.280.29
Net GEX-8.0K-15.7K-3.5K-9.5K-3.5K
Net DEX250.6K-16.6K564.1K468.0K-16.6K
Net VEX-1.4K-1.9K-1.3K-1.6K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.010.000.080.000.00
Total Volume28.952052800
Total OI1,084.9527041,3401,3281,048

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-04-01$9.04$10.0087.9%25.2%165.1%67.6%0.0%18.1%-3.1%-9.5K468.0K-1.6K0.00103.92003241,004
2020-04-02$8.82$15.0081.8%25.7%164.1%61.2%0.0%10.7%-23.9%-9.6K474.8K-1.5K0.0090.02403241,004
2020-04-03$8.48$15.0086.3%27.0%164.0%66.0%0.0%5.1%-30.9%-8.2K487.2K-1.4K0.0099.96003241,004
2020-04-06$8.70$15.0077.9%25.4%164.1%57.2%0.0%10.8%-20.0%-9.9K564.1K-1.3K0.0099.11403241,004
2020-04-07$9.10$15.0070.4%26.0%165.6%49.3%0.0%13.2%-39.7%-11.9K499.8K-1.4K0.0097.39003281,004
2020-04-08$9.33$15.0082.0%23.5%166.3%61.4%0.0%14.3%-14.0%-13.6K417.3K-1.5K0.0097.64003281,004
2020-04-09$10.03$15.0064.6%18.5%168.4%43.3%0.0%15.8%-5.5%-12.3K327.2K-1.5K0.00110.69043281,004
2020-04-13$10.70$15.0060.2%17.3%170.4%38.7%83.1%22.3%-13.9%-10.3K190.1K-1.5K0.00105.48043281,008
2020-04-14$10.95$15.0066.2%19.0%160.3%44.9%0.0%4.8%-7.6%-10.0K166.7K-1.6K0.00110.98003281,012
2020-04-15$10.35$15.0063.6%18.2%157.9%42.2%0.0%7.7%-9.6%-11.8K261.7K-1.5K0.00111.42003281,012
2020-04-16$10.30$15.0072.5%20.8%119.9%51.5%0.0%7.7%-6.3%-15.7K135.7K-1.4K0.00111.25003281,012
2020-04-17$10.70$15.0063.7%18.3%87.2%42.3%68.9%-1.6%-13.1%-4.7K86.0K-1.4K0.00110.74403281,012
2020-04-20$10.30$13.7577.6%22.2%82.9%56.8%0.0%10.7%-22.7%-4.0K189.7K-1.3K0.00106.0500216488
2020-04-21$10.35$13.7581.9%23.5%78.4%61.3%0.0%27.6%-16.4%-4.1K192.9K-1.3K0.00104.4600216488
2020-04-22$10.39$13.7585.3%24.4%67.8%64.9%0.0%-1.5%-8.1%-3.6K181.8K-1.3K0.00108.6000216488
2020-04-23$10.79$13.7564.6%18.5%67.7%43.3%65.2%9.9%-5.8%-4.6K175.0K-1.3K0.00115.4140216488
2020-04-24$10.39$13.7570.3%20.2%68.3%49.2%0.0%20.2%8.1%-4.3K175.2K-1.3K0.00113.0400216488
2020-04-27$10.98$13.7570.1%20.1%69.1%49.0%68.3%-13.0%-16.5%-4.6K162.6K-1.3K0.08115.78484216488
2020-04-28$11.63$13.7566.2%19.0%71.4%44.9%74.3%24.7%-5.3%-4.9K110.3K-1.4K0.00115.5804256492
2020-04-29$12.76$13.7560.5%17.3%76.9%39.0%0.0%10.7%-8.7%-6.2K12.3K-1.4K0.00113.155280264496
2020-04-30$12.34$13.7577.6%22.3%68.7%56.9%0.0%24.0%-13.7%-3.5K-16.6K-1.9K0.00105.6400544504