BBSI Options History — January 2022

In January 2022, BBSI traded between $15.99 and $17.35. ATM implied volatility averaged 37.7%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 19.3% (HV 20d: 18.4%). Max pain ranged from $16.25 to $18.75. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.54.

Notable Days

2022-01-10: Highest Volume — 444 contracts
2022-01-07: Largest IV spike — 52.4% change
2022-01-07: Highest IV Rank — 44.9%
2022-01-28: Largest Expected Move — 12.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$16.54	$15.99	$17.35	$17.28	$16.16
Max Pain	$18.06	$16.25	$18.75	$16.25	$17.50
ATM IV	37.7%	25.5%	53.0%	35.3%	41.1%
Expected Move	10.2%	7.3%	12.6%	10.1%	11.8%
HV 20d	18.4%	16.9%	20.4%	19.2%	18.2%
HV 60d	28.3%	27.9%	28.6%	28.6%	27.9%
IV Rank	23.4%	6.4%	44.9%	20.1%	28.3%
IV Percentile	49.5%	3.6%	83.7%	43.3%	64.3%
Term Structure	5.7%	-10.6%	21.4%	-3.1%	-5.4%
VWIV	47.2%	31.9%	62.0%	40.4%	61.7%
Skew 25d	-3.5%	-24.6%	11.3%	-7.3%	0.8%
Skew 10d	5.1%	-24.6%	25.8%	5.0%	-1.1%
Call IV 25d	45.0%	28.0%	65.0%	44.1%	52.8%
Put IV 25d	41.5%	32.6%	53.6%	36.9%	53.6%
Bid-Ask Spread %	111.84	104.15	118.56	104.15	118.56
Gamma HHI	0.27	0.22	0.37	0.26	0.37
Net GEX	-10.5K	-13.9K	-6.2K	-6.2K	-13.9K
Net DEX	184.6K	109.2K	233.2K	115.8K	212.8K
Net VEX	-1.5K	-1.8K	-1.2K	-1.2K	-1.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.54	0.39	0.71	0.58	0.51
Total Volume	411.4	360	444	380	416
Total OI	737	568	820	568	820

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
2022-01-03	$17.28	$16.25	35.3%	10.1%	19.2%	20.1%	40.4%	-7.3%	-3.1%	-6.2K	115.8K	-1.2K	0.58	104.15	240	140	164	404
2022-01-04	$17.35	$16.25	38.6%	11.1%	18.3%	24.8%	41.1%	11.3%	-8.3%	-6.5K	109.2K	-1.2K	0.50	111.60	240	120	164	416
2022-01-05	$17.13	$16.25	39.7%	11.4%	18.6%	26.3%	49.2%	-24.6%	-10.6%	-7.0K	131.1K	-1.3K	0.70	115.39	240	168	164	496
2022-01-06	$17.19	$18.75	34.7%	9.8%	18.7%	19.3%	46.7%	4.3%	3.9%	-8.0K	150.8K	-1.4K	0.64	107.42	256	164	164	496
2022-01-07	$16.83	$18.75	53.0%	7.9%	19.3%	44.9%	34.4%	-1.1%	19.4%	-8.9K	153.4K	-1.4K	0.64	105.11	256	164	164	500
2022-01-10	$16.50	$18.75	45.3%	9.8%	20.4%	34.2%	42.4%	-0.7%	6.2%	-10.2K	183.7K	-1.4K	0.71	104.73	260	184	164	500
2022-01-11	$16.71	$18.75	32.3%	7.7%	20.1%	15.8%	31.9%	-10.2%	21.4%	-9.5K	166.5K	-1.5K	0.65	109.40	260	168	168	528
2022-01-12	$16.63	$18.75	25.5%	7.3%	18.8%	6.4%	42.3%	-11.7%	19.0%	-9.2K	172.5K	-1.5K	0.51	110.96	260	132	168	532
2022-01-13	$16.61	$18.75	36.9%	10.6%	18.5%	22.3%	39.8%	-1.8%	4.3%	-10.0K	176.0K	-1.5K	0.39	110.39	280	108	168	548
2022-01-14	$16.44	$18.75	35.3%	10.1%	18.7%	20.1%	38.2%	4.5%	4.5%	-12.3K	189.4K	-1.5K	0.49	113.87	280	136	188	556
2022-01-18	$16.11	$18.75	33.7%	9.7%	18.9%	17.9%	40.3%	-4.5%	5.7%	-12.6K	208.0K	-1.5K	0.50	112.13	280	140	188	588
2022-01-19	$16.13	$18.75	29.2%	8.4%	17.5%	11.5%	42.4%	-7.0%	15.3%	-12.9K	208.9K	-1.6K	0.50	113.42	280	140	188	592
2022-01-20	$16.20	$18.75	34.2%	9.8%	17.6%	18.6%	42.9%	-6.9%	5.4%	-13.4K	222.0K	-1.7K	0.50	112.28	280	140	188	632
2022-01-21	$16.34	$18.75	34.7%	10.0%	16.9%	19.3%	57.7%	-12.6%	8.6%	-11.4K	233.2K	-1.8K	0.51	112.75	280	144	188	632
2022-01-24	$16.60	$18.75	38.6%	11.1%	18.1%	24.7%	60.8%	5.3%	15.2%	-10.3K	204.1K	-1.7K	0.51	110.65	272	140	176	628
2022-01-25	$16.30	$17.50	40.0%	11.5%	17.6%	26.7%	60.2%	4.5%	10.8%	-10.2K	200.0K	-1.6K	0.49	115.33	276	136	180	632
2022-01-26	$16.21	$17.50	39.4%	11.3%	17.6%	25.8%	62.0%	1.0%	8.4%	-11.6K	213.4K	-1.6K	0.51	116.38	276	140	180	636
2022-01-27	$16.15	$17.50	42.2%	12.1%	17.6%	29.8%	54.8%	-7.2%	0.9%	-12.5K	215.6K	-1.6K	0.51	116.04	276	140	180	640
2022-01-28	$15.99	$17.50	43.9%	12.6%	17.6%	32.2%	54.9%	-6.0%	-7.1%	-12.7K	225.6K	-1.6K	0.51	116.17	276	140	180	640
2022-01-31	$16.16	$17.50	41.1%	11.8%	18.2%	28.3%	61.7%	0.8%	-5.4%	-13.9K	212.8K	-1.5K	0.51	118.56	276	140	180	640