BBSI Options History — March 2022

In March 2022, BBSI traded between $14.62 and $19.45. ATM implied volatility averaged 38.6%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded below realized volatility by 15.5% (HV 20d: 54.1%). Max pain ranged from $16.25 to $17.50. Net GEX was positive for 13 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 0.92.

Notable Days

  • 2022-03-30: Highest Volume — 772 contracts
  • 2022-03-30: Largest IV spike — 65.7% change
  • 2022-03-02: Highest IV Rank — 57.3%
  • 2022-03-02: Largest Expected Move — 17.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.48$14.62$19.45$14.62$19.35
Max Pain$16.58$16.25$17.50$16.25$16.25
ATM IV38.6%25.1%61.8%58.8%35.4%
Expected Move12.4%10.6%17.7%16.9%11.6%
HV 20d54.1%18.3%61.7%25.1%18.3%
HV 60d37.1%21.5%39.1%21.5%38.7%
IV Rank24.7%5.7%57.3%53.1%20.2%
IV Percentile51.1%2.8%95.6%93.3%44.0%
Term Structure5.5%-12.3%13.4%-12.3%4.4%
VWIV44.4%34.5%73.6%73.6%34.5%
Skew 25d-1.1%-18.3%10.2%-18.3%4.5%
Skew 10d8.2%-17.2%53.2%14.3%2.5%
Call IV 25d43.2%29.2%82.7%82.7%31.1%
Put IV 25d42.1%35.0%64.4%64.4%35.6%
Bid-Ask Spread %104.5487.58117.84115.97100.02
Gamma HHI0.200.130.380.270.13
Net GEX-232-10.4K10.0K-10.4K800
Net DEX-51.2K-145.6K252.5K252.5K-86.4K
Net VEX-1.3K-1.8K-1.1K-1.7K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.291.420.940.29
Total Volume549.565248772248756
Total OI974.4357321,168732916

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-03-01$14.62$16.2558.8%16.9%25.1%53.1%73.6%-18.3%-12.3%-10.4K252.5K-1.7K0.94115.97128120124608
2022-03-02$15.24$16.2561.8%17.7%29.9%57.3%64.4%2.5%4.2%-10.1K198.8K-1.5K1.03110.98128132124608
2022-03-03$17.71$16.2545.2%13.0%61.7%34.0%44.6%2.9%4.9%-4.8K32.7K-1.4K1.0795.22304324124620
2022-03-04$18.27$17.5045.0%12.9%61.6%33.7%54.6%1.2%5.9%-2.1K-21.9K-1.8K1.00112.52304304244792
2022-03-07$18.17$17.5039.6%11.4%61.2%26.1%48.3%-0.3%-3.1%-1.0K-65.7K-1.4K1.0399.83268276244916
2022-03-08$18.30$17.5037.5%12.9%60.9%23.2%49.7%1.0%5.6%731-77.8K-1.5K1.17115.37240280252912
2022-03-09$18.32$17.5036.3%12.1%61.0%21.4%41.6%-6.6%6.5%418-90.9K-1.4K1.42111.78212300248912
2022-03-10$18.59$17.5034.2%10.6%60.4%18.5%42.5%2.4%6.1%1.7K-97.4K-1.4K1.33117.84220292252916
2022-03-11$18.61$17.5038.7%15.3%59.0%24.9%50.8%-3.8%1.8%408-105.3K-1.5K1.27110.65220280248912
2022-03-14$18.75$16.2535.6%11.6%58.4%20.6%39.1%-4.5%5.4%3.9K-133.7K-1.2K1.29103.41224288256908
2022-03-15$18.77$16.2536.6%11.7%58.1%21.9%41.3%-5.3%10.3%10.0K-145.6K-1.1K1.2287.58236288272888
2022-03-16$18.86$16.2530.0%12.0%58.1%12.6%39.5%6.8%8.1%6.8K-130.1K-1.2K1.11106.31260288244888
2022-03-17$19.01$16.2533.5%11.4%57.6%17.5%40.6%6.4%6.5%-1.0K-68.5K-1.2K1.3092.00264344184888
2022-03-18$19.18$16.2533.0%11.5%57.6%16.8%38.4%-3.8%12.0%-1.2K-86.2K-1.1K1.06107.21328348184944
2022-03-21$18.90$16.2532.4%10.7%58.3%16.0%38.2%-3.2%9.7%43-61.8K-1.1K0.81100.68228184172636
2022-03-22$18.89$16.2533.1%11.3%57.7%17.0%39.0%-6.8%8.7%-1.2K-42.5K-1.2K0.81106.53228184176636
2022-03-23$19.10$16.2542.1%11.5%57.1%29.7%42.0%10.2%3.1%-945-52.3K-1.2K0.8297.04228188176640
2022-03-24$19.30$16.2534.2%11.1%56.9%18.5%38.3%8.8%8.6%71-71.1K-1.2K0.82109.15228188176644
2022-03-25$19.43$16.2542.3%11.5%56.8%29.9%41.3%-5.4%-0.1%-506-78.2K-1.1K0.3494.69556188176644
2022-03-28$19.09$16.2535.6%12.1%57.3%20.4%37.0%-10.6%13.4%733-69.0K-1.4K0.34105.49556188252648
2022-03-29$19.45$16.2525.1%12.0%55.2%5.7%38.0%-1.8%9.7%1.1K-85.6K-1.4K0.3296.42580188252648
2022-03-30$19.18$16.2541.6%12.1%55.1%28.9%42.9%-1.8%5.7%1.2K-90.9K-1.3K0.32107.67584188256652
2022-03-31$19.35$16.2535.4%11.6%18.3%20.2%34.5%4.5%4.4%800-86.4K-1.3K0.29100.02584172256660