BBSI Options History — May 2020

In May 2020, BBSI traded between $9.96 and $13.15. ATM implied volatility averaged 60.7%, placing in the 39.2% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded below realized volatility by 18.3% (HV 20d: 79.0%). Max pain ranged from $11.25 to $13.75. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 18.88.

Notable Days

2020-05-18: Highest Volume — 604 contracts
2020-05-11: Largest IV spike — 179.6% change
2020-05-11: Highest IV Rank — 91.1%
2020-05-01: Largest Expected Move — 27.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$11.39	$9.96	$13.15	$11.63	$12.65
Max Pain	$11.38	$11.25	$13.75	$13.75	$11.25
ATM IV	60.7%	36.6%	110.4%	94.2%	59.8%
Expected Move	15.3%	10.5%	27.0%	27.0%	17.1%
HV 20d	79.0%	72.4%	84.5%	72.4%	77.8%
HV 60d	115.0%	112.9%	118.3%	112.9%	113.8%
IV Rank	39.2%	14.0%	91.1%	74.2%	38.2%
IV Percentile	76.1%	46.0%	99.6%	98.4%	80.2%
Term Structure	-0.5%	-20.6%	17.3%	-11.2%	-1.1%
VWIV	55.2%	39.9%	67.9%	50.8%	67.5%
Skew 25d	12.3%	-6.0%	45.0%	34.4%	5.2%
Skew 10d	20.4%	-13.1%	54.3%	0.6%	-13.1%
Call IV 25d	49.2%	36.7%	60.5%	59.6%	55.7%
Put IV 25d	61.4%	45.2%	94.0%	94.0%	60.9%
Bid-Ask Spread %	102.33	87.06	117.60	103.47	117.60
Gamma HHI	0.50	0.29	0.79	0.29	0.48
Net GEX	-20.3K	-45.0K	-2.8K	-2.8K	-30.5K
Net DEX	382.0K	32.5K	854.4K	55.4K	278.0K
Net VEX	-2.3K	-3.3K	-1.4K	-1.8K	-2.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	18.88	0.00	150.00	0.00	0.00
Total Volume	68.6	0	604	0	16
Total OI	1,751.4	1,048	2,384	1,048	2,384

Daily Data (20 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
2020-05-01	$11.63	$13.75	94.2%	27.0%	72.4%	74.2%	0.0%	34.4%	-11.2%	-2.8K	55.4K	-1.8K	0.00	103.47	0	0	544	504
2020-05-04	$11.10	$11.25	101.6%	17.0%	73.1%	81.9%	0.0%	14.5%	-3.1%	-3.4K	115.0K	-1.6K	0.00	87.06	0	4	544	504
2020-05-05	$11.48	$11.25	93.5%	17.9%	73.4%	73.4%	0.0%	11.5%	-8.6%	-3.4K	84.0K	-1.6K	0.00	93.03	12	0	544	508
2020-05-06	$10.85	$11.25	49.0%	14.5%	76.4%	26.9%	0.0%	-6.0%	-0.8%	-3.8K	153.9K	-1.4K	0.00	98.31	12	0	556	508
2020-05-07	$11.13	$11.25	39.5%	12.1%	76.4%	17.1%	0.0%	0.1%	6.8%	-3.9K	109.1K	-1.5K	0.00	114.58	0	0	556	500
2020-05-08	$11.93	$11.25	39.5%	13.6%	76.2%	17.0%	0.0%	4.4%	6.6%	-3.8K	32.5K	-1.6K	0.00	107.52	0	20	556	500
2020-05-11	$11.21	$11.25	110.4%	14.6%	77.2%	91.1%	50.8%	-4.9%	2.0%	-4.5K	107.3K	-1.4K	0.00	95.59	0	208	544	520
2020-05-12	$10.67	$11.25	65.7%	11.3%	78.9%	44.4%	39.9%	16.9%	17.3%	-11.2K	364.4K	-1.8K	0.00	101.53	0	416	544	808
2020-05-13	$10.26	$11.25	64.8%	18.6%	77.5%	43.4%	60.7%	12.5%	-3.7%	-19.0K	749.0K	-2.3K	0.00	87.38	40	0	544	1,344
2020-05-14	$9.96	$11.25	50.5%	14.5%	78.2%	28.5%	0.0%	17.8%	6.4%	-19.3K	854.4K	-2.0K	0.00	95.65	0	0	524	1,344
2020-05-15	$10.75	$11.25	53.6%	15.4%	81.7%	31.8%	49.9%	16.0%	-1.0%	-22.7K	687.3K	-2.4K	0.00	98.65	4	0	524	1,344
2020-05-18	$11.39	$11.25	58.6%	16.8%	83.0%	37.0%	51.8%	7.0%	-20.6%	-26.2K	518.8K	-2.5K	150.00	101.36	4	600	468	1,284
2020-05-19	$11.14	$11.25	47.5%	13.6%	83.5%	25.3%	0.0%	18.9%	-8.2%	-41.3K	724.0K	-3.3K	0.00	111.94	4	0	472	1,884
2020-05-20	$11.02	$11.25	40.8%	11.7%	83.7%	18.3%	0.0%	16.8%	8.5%	-45.0K	831.3K	-3.3K	0.00	105.95	0	0	472	1,884
2020-05-21	$11.16	$11.25	50.3%	14.4%	82.8%	28.3%	0.0%	0.4%	-3.2%	-40.3K	697.0K	-3.2K	0.00	98.15	0	0	472	1,884
2020-05-22	$11.41	$11.25	51.7%	14.8%	81.6%	29.8%	53.9%	8.5%	-3.0%	-42.0K	660.3K	-3.2K	0.00	104.52	0	4	472	1,884
2020-05-26	$12.19	$11.25	39.9%	11.5%	82.6%	17.5%	67.9%	14.0%	-5.2%	-34.1K	322.2K	-2.7K	1.00	109.17	4	4	468	1,888
2020-05-27	$13.15	$11.25	36.6%	10.5%	84.5%	14.0%	54.4%	12.3%	16.0%	-24.9K	71.5K	-2.2K	0.00	105.12	0	20	472	1,892
2020-05-28	$12.80	$11.25	66.7%	19.1%	78.7%	45.5%	0.0%	45.0%	-4.1%	-22.9K	225.0K	-3.0K	0.00	110.04	0	0	472	1,912
2020-05-29	$12.65	$11.25	59.8%	17.1%	77.8%	38.2%	67.5%	5.2%	-1.1%	-30.5K	278.0K	-2.6K	0.00	117.60	16	0	472	1,912