BBSI Options History — February 2023

In February 2023, BBSI traded between $23.88 and $24.86. ATM implied volatility averaged 37.2%, placing in the 33.8% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 18.4% (HV 20d: 18.8%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.58.

Notable Days

2023-02-08: Highest Volume — 164 contracts
2023-02-17: Largest IV spike — 24.2% change
2023-02-28: Highest IV Rank — 51.5%
2023-02-28: Largest Expected Move — 13.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.37	$23.88	$24.86	$24.26	$24.21
Max Pain	$24.01	$22.50	$25.00	$22.50	$23.75
ATM IV	37.2%	30.7%	46.3%	30.7%	46.3%
Expected Move	10.6%	8.8%	13.3%	8.8%	13.3%
HV 20d	18.8%	17.3%	22.9%	22.8%	18.8%
HV 60d	22.0%	20.9%	24.7%	24.7%	20.9%
IV Rank	33.8%	21.3%	51.5%	21.3%	51.5%
IV Percentile	54.7%	31.7%	84.1%	31.7%	84.1%
Term Structure	-5.4%	-16.8%	7.8%	7.8%	-16.8%
VWIV	38.5%	32.3%	52.6%	34.3%	52.6%
Skew 25d	1.6%	-9.2%	28.1%	4.9%	28.1%
Skew 10d	5.0%	-2.5%	19.2%	3.9%	19.2%
Call IV 25d	36.3%	30.0%	56.5%	56.5%	31.5%
Put IV 25d	37.9%	27.7%	61.3%	61.3%	59.7%
Bid-Ask Spread %	107.19	100.39	113.39	113.39	109.21
Gamma HHI	0.32	0.18	0.52	0.24	0.42
Net GEX	6.2K	4.3K	9.7K	6.5K	4.6K
Net DEX	-168.1K	-253.1K	-110.8K	-186.4K	-117.7K
Net VEX	-952	-1.7K	-569	-1.7K	-635
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.58	0.00	2.00	0.00	2.00
Total Volume	18.947	0	164	0	24
Total OI	301.895	164	444	436	168

Daily Data (19 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
2023-02-01	$24.26	$22.50	30.7%	8.8%	22.8%	21.3%	0.0%	4.9%	7.8%	6.5K	-186.4K	-1.7K	0.00	113.39	0	0	264	172
2023-02-02	$24.57	$25.00	32.4%	9.3%	22.9%	24.6%	0.0%	2.1%	-1.3%	8.7K	-227.6K	-1.6K	0.00	105.36	0	0	268	172
2023-02-03	$24.86	$25.00	31.4%	9.8%	21.6%	22.6%	34.3%	3.9%	-1.8%	7.5K	-253.1K	-1.7K	0.00	106.12	4	0	268	172
2023-02-06	$24.45	$25.00	34.4%	9.1%	19.4%	28.6%	0.0%	3.6%	1.5%	7.6K	-234.8K	-1.6K	0.00	105.96	0	0	272	172
2023-02-07	$24.59	$25.00	36.3%	9.7%	18.4%	32.2%	0.0%	2.1%	-0.5%	8.5K	-238.1K	-1.6K	0.00	105.73	0	0	272	172
2023-02-08	$24.12	$25.00	36.5%	10.5%	18.0%	32.5%	35.9%	-0.3%	-3.4%	8.4K	-212.0K	-1.5K	1.05	104.70	80	84	272	172
2023-02-09	$23.88	$23.75	36.1%	10.3%	18.3%	31.7%	32.3%	-0.9%	-1.2%	6.2K	-156.9K	-631	0.00	105.31	0	8	192	96
2023-02-10	$23.97	$23.75	36.9%	10.6%	17.9%	33.4%	0.0%	1.7%	-4.3%	5.9K	-161.4K	-698	0.00	107.18	0	0	192	104
2023-02-13	$24.00	$23.75	38.8%	11.1%	17.3%	36.9%	33.5%	-0.9%	-5.3%	9.7K	-171.1K	-569	0.17	108.39	24	4	192	104
2023-02-14	$24.06	$23.75	37.0%	10.6%	17.3%	33.5%	0.0%	-2.7%	-3.9%	5.0K	-138.2K	-631	0.00	110.51	40	0	180	108
2023-02-15	$24.62	$23.75	35.8%	10.3%	17.4%	31.2%	0.0%	-5.1%	-3.0%	5.4K	-152.7K	-656	1.67	107.17	24	40	176	108
2023-02-16	$24.69	$23.75	33.8%	9.7%	17.3%	27.3%	0.0%	-6.2%	-6.4%	5.6K	-163.5K	-688	0.00	111.22	0	0	184	136
2023-02-17	$24.84	$23.75	42.0%	12.0%	17.4%	43.2%	43.4%	0.6%	-14.0%	6.3K	-177.6K	-662	0.33	107.26	12	4	184	136
2023-02-21	$24.72	$23.75	40.3%	11.6%	17.5%	40.0%	0.0%	4.7%	-9.8%	4.5K	-132.8K	-640	0.00	111.22	0	0	112	52
2023-02-22	$24.32	$23.75	39.9%	11.4%	18.6%	39.1%	37.4%	-2.2%	-7.1%	4.3K	-121.3K	-656	0.00	110.58	4	0	112	52
2023-02-23	$24.38	$23.75	38.0%	10.9%	18.6%	35.5%	0.0%	0.1%	-6.6%	4.5K	-116.1K	-651	0.00	103.62	8	0	112	52
2023-02-24	$24.15	$23.75	41.1%	11.8%	18.9%	41.4%	0.0%	6.3%	-14.8%	4.8K	-110.8K	-660	0.00	103.29	0	0	116	52
2023-02-27	$24.24	$23.75	38.0%	10.9%	18.9%	35.4%	0.0%	-9.2%	-11.9%	4.6K	-121.3K	-642	0.00	100.39	0	0	116	52
2023-02-28	$24.21	$23.75	46.3%	13.3%	18.8%	51.5%	52.6%	28.1%	-16.8%	4.6K	-117.7K	-635	2.00	109.21	8	16	116	52