BBSI Options History — May 2023

In May 2023, BBSI traded between $19.50 and $21.24. ATM implied volatility averaged 32.2%, placing in the 22.0% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 3.3% (HV 20d: 28.9%). Max pain ranged from $17.50 to $22.50. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.13.

Notable Days

2023-05-15: Highest Volume — 32 contracts
2023-05-10: Largest IV drop — 45.6% change
2023-05-01: Highest IV Rank — 49.6%
2023-05-01: Largest Expected Move — 13.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.53	$19.50	$21.24	$21.11	$20.98
Max Pain	$19.06	$17.50	$22.50	$22.50	$17.50
ATM IV	32.2%	21.1%	47.9%	47.9%	32.5%
Expected Move	8.5%	6.1%	13.7%	13.7%	9.3%
HV 20d	28.9%	18.5%	33.1%	20.7%	29.0%
HV 60d	26.6%	24.0%	28.0%	24.0%	25.2%
IV Rank	22.0%	2.5%	49.6%	49.6%	22.5%
IV Percentile	40.3%	0.8%	93.7%	92.1%	44.0%
Term Structure	-2.7%	-18.0%	6.1%	-18.0%	-12.7%
VWIV	47.2%	33.7%	59.7%	33.7%	51.6%
Skew 25d	3.2%	-4.9%	15.5%	9.8%	-1.2%
Skew 10d	4.4%	-17.4%	30.5%	13.4%	2.6%
Call IV 25d	35.4%	23.0%	51.7%	37.7%	48.2%
Put IV 25d	38.6%	25.8%	67.2%	47.5%	47.0%
Bid-Ask Spread %	115.04	106.96	118.58	107.04	118.44
Gamma HHI	0.24	0.18	0.30	0.26	0.28
Net GEX	-258	-1.4K	927	927	493
Net DEX	24.1K	-24.6K	60.9K	13.0K	-20.0K
Net VEX	-447	-542	-369	-539	-440
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.13	0.00	0.25	0.00	0.25
Total Volume	3.636	0	32	0	0
Total OI	234.545	176	260	252	192

Daily Data (22 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
2023-05-01	$21.11	$22.50	47.9%	13.7%	20.7%	49.6%	0.0%	9.8%	-18.0%	927	13.0K	-539	0.00	107.04	0	0	136	116
2023-05-02	$20.69	$22.50	42.7%	12.2%	20.6%	40.5%	33.7%	-4.4%	-13.5%	319	26.1K	-498	0.00	106.96	0	4	136	116
2023-05-03	$20.66	$22.50	39.6%	11.4%	18.5%	35.1%	0.0%	15.5%	-10.8%	279	22.6K	-542	0.00	112.90	0	0	136	116
2023-05-04	$19.50	$0.00	37.3%	8.9%	26.8%	31.0%	0.0%	0.2%	-1.5%	-1.1K	57.6K	-424	0.00	111.94	0	8	136	116
2023-05-05	$20.07	$0.00	40.7%	7.7%	29.3%	37.0%	0.0%	-0.4%	1.3%	-1.4K	58.3K	-387	0.00	112.21	0	0	136	120
2023-05-08	$19.76	$0.00	43.5%	8.1%	29.3%	41.8%	0.0%	-0.6%	-0.6%	-1.3K	60.9K	-381	0.00	112.92	0	0	136	120
2023-05-09	$19.99	$0.00	47.8%	7.6%	29.8%	49.5%	0.0%	0.2%	3.2%	-1.3K	58.2K	-379	0.00	114.65	0	0	136	120
2023-05-10	$20.30	$0.00	26.0%	7.5%	30.5%	11.1%	0.0%	6.0%	4.4%	-969	49.8K	-400	0.00	114.77	0	0	136	120
2023-05-11	$20.15	$0.00	24.3%	7.0%	30.4%	8.2%	43.7%	4.9%	1.5%	-1.2K	53.2K	-369	0.00	114.07	0	8	136	120
2023-05-12	$20.16	$18.75	25.5%	7.3%	30.2%	10.2%	0.0%	-4.9%	2.6%	-1.1K	52.4K	-369	0.00	117.76	0	0	136	124
2023-05-15	$20.21	$18.75	25.8%	7.4%	30.3%	10.8%	0.0%	-0.2%	5.6%	-1.1K	48.1K	-372	0.00	117.50	0	32	136	124
2023-05-16	$20.00	$18.75	29.6%	8.5%	30.2%	17.5%	0.0%	0.4%	-3.7%	-1.0K	41.2K	-469	0.00	115.72	0	0	136	124
2023-05-17	$20.41	$18.75	28.1%	8.1%	31.5%	14.8%	0.0%	-4.1%	3.5%	-1.2K	42.3K	-441	0.00	115.43	0	0	136	124
2023-05-18	$20.57	$18.75	26.5%	7.6%	31.7%	11.9%	0.0%	0.6%	6.1%	-276	31.1K	-475	0.00	115.81	4	0	136	124
2023-05-19	$20.69	$18.75	21.1%	6.1%	31.8%	2.5%	59.7%	14.2%	3.0%	266	7.8K	-485	0.00	117.39	0	4	140	120
2023-05-22	$21.24	$18.75	28.7%	8.2%	33.1%	15.9%	0.0%	1.1%	-1.0%	629	10.8K	-494	0.00	117.42	0	0	96	80
2023-05-23	$21.07	$18.75	26.5%	7.6%	30.4%	12.0%	51.6%	13.0%	-3.2%	773	5.5K	-482	0.25	117.43	16	4	96	80
2023-05-24	$21.04	$17.50	28.9%	8.3%	30.3%	16.2%	0.0%	0.3%	-4.0%	801	-24.6K	-490	0.00	115.89	0	0	112	80
2023-05-25	$20.91	$17.50	26.1%	7.5%	30.3%	11.3%	0.0%	8.1%	-3.5%	423	-18.1K	-466	0.00	117.84	0	0	112	80
2023-05-26	$21.05	$17.50	28.3%	8.1%	30.2%	15.3%	0.0%	-1.6%	-7.1%	695	-24.0K	-476	0.00	118.30	0	0	112	80
2023-05-30	$20.98	$17.50	30.5%	8.7%	30.0%	19.0%	0.0%	13.7%	-11.1%	621	-22.7K	-448	0.00	118.58	0	0	112	80
2023-05-31	$20.98	$17.50	32.5%	9.3%	29.0%	22.5%	0.0%	-1.2%	-12.7%	493	-20.0K	-440	0.00	118.44	0	0	112	80