BBSI Options History — May 2022

In May 2022, BBSI traded between $17.73 and $19.46. ATM implied volatility averaged 36.6%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 4.8% (HV 20d: 31.8%). Max pain ranged from $16.25 to $18.75. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.33.

Notable Days

2022-05-20: Highest Volume — 1,160 contracts
2022-05-05: Largest IV drop — 58.9% change
2022-05-02: Highest IV Rank — 69.8%
2022-05-02: Largest Expected Move — 18.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.44	$17.73	$19.46	$18.11	$18.70
Max Pain	$18.39	$16.25	$18.75	$16.25	$18.75
ATM IV	36.6%	23.4%	65.4%	65.4%	36.2%
Expected Move	10.1%	6.9%	18.8%	18.8%	10.4%
HV 20d	31.8%	25.6%	36.3%	26.1%	31.9%
HV 60d	39.2%	25.4%	41.7%	39.7%	25.4%
IV Rank	24.4%	3.8%	69.8%	69.8%	23.9%
IV Percentile	42.2%	0.8%	98.4%	98.4%	49.2%
Term Structure	-0.2%	-20.3%	17.1%	-19.4%	-8.2%
VWIV	41.2%	27.1%	62.0%	62.0%	51.2%
Skew 25d	10.5%	-0.8%	23.9%	19.4%	14.8%
Skew 10d	19.0%	2.1%	52.1%	28.1%	8.8%
Call IV 25d	41.1%	26.7%	64.1%	64.1%	49.3%
Put IV 25d	51.7%	30.7%	84.7%	83.5%	64.0%
Bid-Ask Spread %	110.40	84.38	127.63	93.47	116.24
Gamma HHI	0.21	0.14	0.35	0.14	0.26
Net GEX	8.6K	-197	28.9K	2.0K	1.5K
Net DEX	-193.2K	-813.0K	-2.3K	-47.8K	-70.8K
Net VEX	-1.1K	-1.9K	-672	-1.4K	-672
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.33	0.20	0.63	0.21	0.63
Total Volume	917.524	340	1,160	1,128	340
Total OI	1,005.905	552	1,420	1,056	556

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
2022-05-02	$18.11	$16.25	65.4%	18.8%	26.1%	69.8%	62.0%	19.4%	-19.4%	2.0K	-47.8K	-1.4K	0.21	93.47	932	196	380	676
2022-05-03	$18.38	$16.25	51.0%	14.6%	25.6%	47.1%	60.0%	23.9%	-13.8%	20.3K	-433.7K	-1.9K	0.20	94.71	956	196	684	692
2022-05-04	$18.65	$16.25	57.1%	16.4%	25.8%	56.7%	59.5%	18.2%	-20.3%	19.2K	-530.2K	-1.9K	0.20	84.38	956	196	728	692
2022-05-05	$19.46	$18.75	23.4%	6.9%	29.2%	3.8%	27.8%	9.9%	5.1%	28.9K	-813.0K	-1.3K	0.20	99.85	956	196	728	692
2022-05-06	$19.27	$18.75	34.6%	7.0%	29.5%	21.4%	27.1%	4.0%	10.2%	13.3K	-271.3K	-1.1K	0.20	127.63	956	196	444	692
2022-05-09	$19.11	$18.75	42.5%	10.0%	29.7%	33.7%	34.1%	15.5%	2.0%	12.1K	-262.4K	-1.2K	0.20	110.56	956	196	444	692
2022-05-10	$18.74	$18.75	42.6%	8.5%	30.5%	33.8%	31.6%	7.5%	5.1%	11.5K	-227.2K	-1.1K	0.20	126.57	956	196	444	692
2022-05-11	$18.51	$18.75	35.4%	10.1%	30.9%	22.6%	36.2%	8.0%	0.5%	12.2K	-210.1K	-1.1K	0.20	102.94	956	188	444	692
2022-05-12	$17.82	$18.75	32.3%	9.2%	33.6%	17.6%	38.3%	-0.8%	6.3%	7.9K	-119.6K	-1.0K	0.20	126.34	956	188	444	684
2022-05-13	$18.39	$18.75	24.3%	7.0%	35.4%	5.1%	34.1%	10.5%	7.2%	11.2K	-184.4K	-1.0K	0.21	104.40	952	196	444	680
2022-05-16	$18.15	$18.75	27.6%	7.9%	35.7%	10.3%	37.6%	13.9%	3.6%	9.7K	-148.6K	-927	0.21	108.58	952	196	460	684
2022-05-17	$18.53	$18.75	29.6%	8.5%	36.3%	13.4%	37.7%	3.6%	3.1%	9.9K	-195.4K	-942	0.21	119.58	952	196	460	684
2022-05-18	$18.11	$18.75	25.0%	7.2%	34.8%	6.2%	34.6%	11.1%	17.1%	8.7K	-144.7K	-880	0.21	108.48	952	196	460	684
2022-05-19	$18.10	$18.75	39.1%	11.2%	34.1%	28.4%	44.2%	11.4%	2.0%	6.3K	-109.1K	-1.0K	0.21	111.98	952	196	448	684
2022-05-20	$17.73	$18.75	33.1%	9.5%	33.1%	18.9%	44.1%	1.4%	4.2%	297	-142.0K	-901	0.22	115.23	952	208	448	684
2022-05-23	$18.02	$18.75	36.2%	10.4%	33.8%	23.8%	34.1%	12.3%	-0.8%	-197	-2.3K	-860	0.63	116.64	208	132	176	380
2022-05-24	$18.05	$18.75	35.3%	10.1%	33.7%	22.4%	40.2%	16.8%	3.5%	256	-25.9K	-834	0.63	113.00	208	132	188	380
2022-05-25	$18.23	$18.75	39.7%	11.4%	32.8%	29.4%	55.0%	4.9%	-13.5%	1.1K	-30.1K	-865	0.63	113.29	208	132	192	380
2022-05-26	$18.55	$18.75	30.7%	8.8%	33.2%	15.3%	45.9%	12.6%	-3.0%	1.6K	-44.0K	-801	0.63	111.47	208	132	172	380
2022-05-27	$18.51	$18.75	26.7%	7.7%	31.8%	9.0%	30.3%	2.8%	5.7%	2.1K	-44.9K	-845	0.63	112.95	208	132	176	380
2022-05-31	$18.70	$18.75	36.2%	10.4%	31.9%	23.9%	51.2%	14.8%	-8.2%	1.5K	-70.8K	-672	0.63	116.24	208	132	176	380