BBSI Options History — May 2021

In May 2021, BBSI traded between $18.17 and $19.79. ATM implied volatility averaged 35.6%, placing in the 14.9% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded below realized volatility by 2.0% (HV 20d: 37.6%). Max pain ranged from $16.25 to $18.75. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.87.

Notable Days

2021-05-19: Highest Volume — 60 contracts
2021-05-06: Largest IV drop — 39.4% change
2021-05-05: Highest IV Rank — 33.2%
2021-05-05: Largest Expected Move — 15.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.76	$18.17	$19.79	$19.20	$18.50
Max Pain	$18.06	$16.25	$18.75	$17.50	$18.75
ATM IV	35.6%	29.0%	52.6%	49.9%	36.5%
Expected Move	9.9%	7.9%	15.1%	14.3%	10.5%
HV 20d	37.6%	26.9%	41.3%	26.9%	41.2%
HV 60d	34.7%	32.0%	36.1%	32.0%	32.6%
IV Rank	14.9%	7.2%	33.2%	30.2%	17.8%
IV Percentile	18.0%	3.6%	61.1%	55.2%	23.4%
Term Structure	-2.1%	-17.5%	7.2%	-11.2%	-5.8%
VWIV	42.3%	28.7%	62.7%	48.7%	38.5%
Skew 25d	5.6%	-7.8%	15.4%	6.7%	7.1%
Skew 10d	0.1%	-28.2%	22.5%	11.9%	-28.2%
Call IV 25d	36.6%	17.5%	59.5%	59.5%	31.6%
Put IV 25d	42.3%	32.5%	66.2%	66.2%	38.7%
Bid-Ask Spread %	106.38	93.65	115.24	110.29	107.89
Gamma HHI	0.21	0.16	0.32	0.18	0.28
Net GEX	11.8K	1.0K	24.6K	15.6K	9.3K
Net DEX	-176.6K	-361.3K	-45.8K	-258.0K	-143.3K
Net VEX	-2.0K	-2.9K	-1.4K	-2.5K	-2.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.87	0.00	4.00	0.75	0.50
Total Volume	15.8	0	60	28	12
Total OI	1,936.8	1,396	2,192	2,060	1,432

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
2021-05-03	$19.20	$17.50	49.9%	14.3%	26.9%	30.2%	48.7%	6.7%	-11.2%	15.6K	-258.0K	-2.5K	0.75	110.29	16	12	1,044	1,016
2021-05-04	$18.79	$16.25	49.6%	14.2%	28.3%	29.8%	62.7%	11.4%	-13.7%	10.1K	-207.4K	-2.5K	4.00	95.80	4	16	1,060	1,016
2021-05-05	$18.35	$16.25	52.6%	15.1%	29.2%	33.2%	0.0%	7.1%	-17.5%	6.3K	-147.4K	-2.9K	0.00	93.65	0	0	1,060	1,020
2021-05-06	$19.23	$16.25	31.9%	8.4%	33.0%	9.3%	0.0%	8.6%	5.4%	19.9K	-243.7K	-1.9K	1.00	110.12	8	8	1,060	1,020
2021-05-07	$19.54	$16.25	38.9%	7.9%	32.7%	17.5%	51.3%	15.4%	3.1%	24.6K	-361.3K	-2.8K	0.00	97.09	0	20	1,060	1,024
2021-05-10	$19.79	$16.25	31.6%	8.7%	32.4%	9.0%	28.7%	14.9%	4.6%	23.3K	-282.0K	-1.7K	1.00	103.19	8	8	1,060	1,028
2021-05-11	$18.61	$18.75	37.6%	9.3%	39.7%	15.9%	50.5%	-3.0%	5.9%	15.3K	-248.1K	-2.5K	0.00	100.10	16	0	1,068	1,036
2021-05-12	$18.17	$18.75	29.0%	8.3%	40.9%	7.2%	0.0%	3.7%	3.5%	3.9K	-114.1K	-2.0K	0.00	108.54	0	12	1,084	1,036
2021-05-13	$18.53	$18.75	32.9%	9.4%	41.3%	12.7%	33.2%	5.3%	6.3%	1.0K	-45.8K	-1.8K	0.50	115.24	8	4	1,084	1,036
2021-05-14	$18.53	$18.75	30.5%	8.7%	41.2%	9.3%	0.0%	-0.7%	5.8%	4.5K	-113.7K	-2.0K	0.00	114.64	0	4	1,076	1,032
2021-05-17	$18.66	$18.75	35.6%	10.2%	40.3%	16.5%	0.0%	0.6%	-0.5%	17.8K	-202.6K	-1.7K	0.00	109.33	0	24	1,076	1,032
2021-05-18	$18.58	$18.75	30.9%	8.9%	40.3%	9.9%	0.0%	0.6%	-2.5%	17.1K	-187.9K	-1.6K	1.00	109.40	4	4	1,076	1,052
2021-05-19	$18.43	$18.75	32.8%	9.4%	40.6%	12.6%	0.0%	-7.8%	7.2%	4.3K	-120.3K	-1.8K	0.00	106.96	0	60	1,076	1,056
2021-05-20	$18.53	$18.75	31.1%	8.9%	40.6%	10.2%	0.0%	7.5%	-7.1%	15.2K	-165.6K	-1.8K	0.14	107.26	28	4	1,076	1,116
2021-05-21	$18.60	$18.75	30.2%	8.7%	40.4%	8.9%	0.0%	3.8%	0.6%	9.0K	-144.4K	-1.9K	0.00	106.59	0	0	1,052	1,120
2021-05-24	$18.95	$18.75	32.4%	9.3%	40.2%	12.0%	33.3%	9.8%	-6.1%	10.4K	-136.1K	-1.6K	1.00	109.88	8	8	900	496
2021-05-25	$18.58	$18.75	33.2%	9.5%	41.1%	13.1%	0.0%	8.9%	-7.3%	5.6K	-76.2K	-1.4K	0.00	103.94	0	4	908	504
2021-05-26	$18.64	$18.75	32.2%	9.2%	40.6%	11.7%	0.0%	3.6%	-6.2%	11.2K	-180.2K	-2.3K	0.50	109.50	8	4	908	508
2021-05-27	$18.91	$18.75	31.9%	9.2%	40.7%	11.3%	33.7%	9.1%	-6.0%	11.0K	-153.6K	-1.7K	0.00	108.24	4	0	916	512
2021-05-28	$18.50	$18.75	36.5%	10.5%	41.2%	17.8%	38.5%	7.1%	-5.8%	9.3K	-143.3K	-2.0K	0.50	107.89	8	4	920	512