BBSI Options History — January 2021

In January 2021, BBSI traded between $16.02 and $17.93. ATM implied volatility averaged 44.7%, placing in the 22.3% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 11.4% (HV 20d: 33.3%). Max pain ranged from $15.00 to $16.25. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.58.

Notable Days

2021-01-04: Highest Volume — 336 contracts
2021-01-14: Largest IV spike — 57.9% change
2021-01-11: Highest IV Rank — 50.9%
2021-01-14: Largest Expected Move — 15.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.03	$16.02	$17.93	$16.46	$16.02
Max Pain	$15.59	$15.00	$16.25	$15.00	$16.25
ATM IV	44.7%	30.4%	71.9%	50.1%	45.7%
Expected Move	10.8%	8.7%	15.2%	10.7%	13.1%
HV 20d	33.3%	26.4%	35.6%	26.9%	34.5%
HV 60d	37.1%	34.4%	38.3%	35.7%	34.4%
IV Rank	22.3%	7.1%	50.9%	28.0%	23.2%
IV Percentile	37.4%	2.8%	83.3%	54.0%	42.9%
Term Structure	7.1%	-10.8%	15.1%	9.6%	-2.8%
VWIV	41.9%	26.7%	52.1%	50.3%	52.1%
Skew 25d	0.2%	-18.0%	17.0%	12.1%	1.3%
Skew 10d	-3.0%	-28.6%	24.3%	-3.5%	24.3%
Call IV 25d	39.5%	28.6%	57.5%	32.3%	51.4%
Put IV 25d	39.7%	22.5%	52.7%	44.4%	52.7%
Bid-Ask Spread %	115.12	108.46	125.17	112.52	115.14
Gamma HHI	0.35	0.28	0.55	0.55	0.38
Net GEX	-11.6K	-25.0K	-3.5K	-14.1K	-22.2K
Net DEX	21.1K	-76.8K	222.8K	58.5K	222.8K
Net VEX	-993	-1.6K	-588	-748	-1.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.58	0.00	2.50	0.42	2.50
Total Volume	47.579	0	336	336	20
Total OI	856.211	672	1,032	672	1,032

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
2021-01-04	$16.46	$15.00	50.1%	10.7%	26.9%	28.0%	50.3%	12.1%	9.6%	-14.1K	58.5K	-748	0.42	112.52	236	100	92	580
2021-01-05	$16.84	$15.00	57.3%	10.7%	26.4%	35.6%	40.9%	7.6%	6.4%	-12.4K	49.6K	-968	0.15	114.06	80	12	160	672
2021-01-06	$17.82	$15.00	50.5%	10.0%	33.3%	28.5%	35.8%	-4.0%	14.3%	-7.2K	-43.6K	-659	0.00	112.19	8	0	100	684
2021-01-07	$17.93	$15.00	43.7%	10.0%	31.5%	21.4%	0.0%	17.0%	12.5%	-5.6K	-70.5K	-588	0.00	108.46	0	0	108	684
2021-01-08	$17.45	$15.00	45.9%	9.6%	32.9%	23.7%	0.0%	1.0%	11.4%	-6.8K	-49.6K	-666	0.00	110.62	12	0	108	684
2021-01-11	$17.40	$15.00	71.9%	10.1%	32.7%	50.9%	26.7%	-14.1%	10.1%	-8.1K	-47.2K	-739	0.00	113.58	0	8	120	684
2021-01-12	$17.77	$15.00	61.0%	10.3%	33.3%	39.2%	0.0%	12.7%	6.6%	-5.1K	-76.8K	-653	0.40	110.20	20	8	120	692
2021-01-13	$17.39	$15.00	33.7%	9.6%	34.0%	10.6%	0.0%	-6.5%	8.8%	-9.4K	-73.4K	-735	0.00	121.24	0	0	140	700
2021-01-14	$17.56	$15.00	53.1%	15.2%	33.3%	31.0%	39.9%	-17.5%	-10.8%	-3.5K	-66.9K	-858	0.00	123.75	0	32	140	700
2021-01-15	$17.02	$15.00	30.4%	8.7%	34.9%	7.1%	39.6%	11.0%	10.7%	-7.5K	-26.3K	-926	0.00	116.25	0	40	144	740
2021-01-19	$16.94	$16.25	41.7%	12.0%	34.9%	19.0%	47.1%	-2.4%	0.3%	-8.2K	-12.8K	-974	0.00	110.81	0	60	140	568
2021-01-20	$17.15	$16.25	43.8%	12.6%	35.2%	21.2%	43.1%	7.4%	-3.9%	-9.1K	-12.5K	-987	0.00	119.16	0	48	140	628
2021-01-21	$16.95	$16.25	31.3%	9.0%	35.0%	8.0%	0.0%	-3.9%	15.1%	-12.6K	-20.8K	-899	0.00	125.17	0	88	140	676
2021-01-22	$16.81	$16.25	30.9%	8.9%	34.9%	7.7%	37.4%	-18.0%	5.9%	-14.5K	48.7K	-1.2K	0.00	122.10	0	64	140	764
2021-01-25	$16.83	$16.25	38.7%	11.1%	34.9%	15.9%	40.8%	6.0%	11.5%	-15.5K	78.6K	-1.3K	0.00	109.91	0	24	140	824
2021-01-26	$16.70	$16.25	36.4%	10.4%	34.5%	13.4%	40.6%	-1.7%	13.7%	-16.2K	85.4K	-1.3K	0.00	110.32	0	16	140	848
2021-01-27	$16.25	$16.25	43.4%	12.4%	35.6%	20.8%	50.6%	1.7%	12.3%	-18.2K	191.8K	-1.6K	2.50	114.32	8	20	140	864
2021-01-28	$16.28	$16.25	40.5%	11.6%	34.2%	17.7%	0.0%	-6.3%	2.8%	-25.0K	164.9K	-1.4K	0.00	117.56	0	0	148	884
2021-01-29	$16.02	$16.25	45.7%	13.1%	34.5%	23.2%	52.1%	1.3%	-2.8%	-22.2K	222.8K	-1.6K	0.00	115.14	0	20	148	884