BBSI Options History — November 2021

In November 2021, BBSI traded between $17.81 and $21.52. ATM implied volatility averaged 34.5%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded below realized volatility by 1.4% (HV 20d: 35.9%). Max pain ranged from $17.50 to $21.25. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.02.

Notable Days

2021-11-12: Highest Volume — 260 contracts
2021-11-10: Largest IV drop — 50.1% change
2021-11-03: Highest IV Rank — 41.5%
2021-11-03: Largest Expected Move — 14.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.63	$17.81	$21.52	$20.98	$17.81
Max Pain	$18.81	$17.50	$21.25	$17.50	$18.75
ATM IV	34.5%	24.1%	50.5%	44.1%	35.6%
Expected Move	9.3%	6.9%	14.5%	12.6%	10.2%
HV 20d	35.9%	17.8%	40.8%	17.8%	40.4%
HV 60d	28.3%	21.5%	30.8%	21.8%	30.8%
IV Rank	18.9%	4.3%	41.5%	32.4%	20.6%
IV Percentile	33.1%	1.2%	82.5%	69.4%	40.9%
Term Structure	-0.4%	-14.8%	9.0%	-9.6%	7.3%
VWIV	40.1%	29.7%	57.6%	44.3%	57.6%
Skew 25d	-0.8%	-11.1%	9.9%	9.9%	-11.1%
Skew 10d	0.9%	-8.7%	9.0%	3.3%	2.0%
Call IV 25d	40.7%	28.2%	68.3%	44.4%	68.3%
Put IV 25d	39.8%	30.1%	58.8%	54.3%	57.1%
Bid-Ask Spread %	106.82	98.09	112.72	112.72	111.01
Gamma HHI	0.22	0.16	0.44	0.21	0.16
Net GEX	2.4K	-11.3K	7.8K	4.8K	-2.5K
Net DEX	-36.6K	-187.6K	75.2K	-112.4K	75.2K
Net VEX	-622	-755	-467	-518	-654
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.02	0.61	1.24	0.73	1.04
Total Volume	219.429	180	260	180	188
Total OI	636.952	304	808	660	328

Daily Data (21 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
2021-11-01	$20.98	$17.50	44.1%	12.6%	17.8%	32.4%	44.3%	9.9%	-9.6%	4.8K	-112.4K	-518	0.73	112.72	104	76	124	536
2021-11-02	$21.21	$18.75	43.4%	12.4%	18.0%	31.4%	53.7%	-5.6%	-3.9%	5.9K	-149.2K	-697	0.61	108.16	132	80	160	540
2021-11-03	$21.52	$18.75	50.5%	14.5%	18.3%	41.5%	50.7%	-4.1%	-14.8%	7.8K	-187.6K	-755	0.75	104.16	112	84	184	544
2021-11-04	$19.79	$21.25	39.4%	8.4%	35.7%	25.8%	31.2%	-1.1%	4.5%	4.8K	-56.6K	-679	0.86	99.55	116	100	188	552
2021-11-05	$20.60	$18.75	33.4%	8.9%	38.6%	17.4%	31.3%	5.9%	0.7%	5.6K	-108.4K	-728	0.86	98.09	112	96	180	572
2021-11-08	$20.14	$18.75	44.5%	9.4%	39.1%	33.0%	29.7%	-3.2%	-4.8%	6.4K	-74.5K	-689	0.89	100.38	108	96	180	568
2021-11-09	$20.13	$18.75	48.2%	9.2%	38.9%	38.2%	41.0%	-7.6%	-6.9%	6.8K	-89.7K	-622	0.83	102.73	116	96	184	576
2021-11-10	$19.80	$18.75	24.1%	6.9%	38.2%	4.3%	36.9%	2.3%	9.0%	6.4K	-57.8K	-619	0.83	105.45	116	96	184	576
2021-11-11	$20.03	$18.75	26.3%	7.5%	38.3%	7.4%	36.2%	-8.5%	4.4%	7.5K	-73.8K	-592	1.21	106.09	116	140	180	580
2021-11-12	$19.97	$18.75	28.1%	8.1%	38.0%	10.0%	34.2%	-2.9%	-0.6%	7.7K	-53.1K	-633	1.24	103.60	116	144	176	624
2021-11-15	$19.46	$18.75	25.9%	7.4%	39.0%	6.9%	30.8%	8.4%	-3.0%	2.9K	-25.3K	-679	1.24	107.89	116	144	176	628
2021-11-16	$19.52	$18.75	28.4%	8.2%	39.0%	10.4%	33.5%	9.0%	-5.2%	1.5K	-15.0K	-690	1.24	106.97	116	144	172	636
2021-11-17	$19.16	$18.75	28.5%	8.2%	38.6%	10.5%	34.1%	1.4%	3.2%	-946	18.2K	-584	1.24	106.89	116	144	172	636
2021-11-18	$18.93	$18.75	25.8%	7.4%	38.7%	6.8%	34.7%	-7.0%	2.4%	-2.8K	34.4K	-550	1.24	108.46	116	144	168	636
2021-11-19	$18.91	$18.75	31.1%	8.9%	38.7%	14.2%	37.7%	-5.6%	5.6%	-11.3K	37.5K	-611	1.24	107.74	116	144	168	636
2021-11-22	$19.18	$18.75	32.2%	9.2%	39.2%	15.7%	31.4%	5.7%	2.5%	167	4.2K	-547	1.04	111.49	96	100	116	188
2021-11-23	$19.27	$18.75	31.3%	9.0%	39.3%	14.5%	32.9%	5.8%	6.4%	1.8K	-9.7K	-467	1.09	111.20	92	100	116	204
2021-11-24	$19.14	$18.75	30.3%	8.7%	39.1%	13.0%	49.0%	-8.3%	-3.0%	623	3.4K	-552	1.09	110.53	92	100	120	208
2021-11-26	$18.43	$18.75	40.9%	11.7%	40.8%	27.9%	57.2%	-0.0%	-5.6%	-1.2K	31.3K	-637	1.09	110.39	92	100	120	208
2021-11-29	$18.32	$18.75	32.0%	9.2%	40.6%	15.4%	54.1%	-0.5%	4.0%	-2.6K	39.3K	-563	1.09	109.81	92	100	120	212
2021-11-30	$17.81	$18.75	35.6%	10.2%	40.4%	20.6%	57.6%	-11.1%	7.3%	-2.5K	75.2K	-654	1.04	111.01	92	96	116	212