BBSI Options History — July 2023

In July 2023, BBSI traded between $21.50 and $23.16. ATM implied volatility averaged 26.9%, placing in the 17.3% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 7.4% (HV 20d: 19.5%). Max pain ranged from $20.00 to $21.25. Net GEX was positive for 5 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.06.

Notable Days

2023-07-05: Highest Volume — 400 contracts
2023-07-12: Largest IV spike — 54.0% change
2023-07-21: Highest IV Rank — 32.8%
2023-07-21: Largest Expected Move — 10.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$22.27	$21.50	$23.16	$21.87	$22.58
Max Pain	$20.25	$20.00	$21.25	$21.25	$21.25
ATM IV	26.9%	16.7%	36.2%	18.9%	35.6%
Expected Move	8.3%	5.4%	10.4%	5.4%	10.2%
HV 20d	19.5%	17.4%	23.4%	23.4%	17.8%
HV 60d	25.0%	24.4%	26.0%	24.8%	24.4%
IV Rank	17.3%	0.3%	32.8%	4.0%	31.8%
IV Percentile	29.3%	0.4%	67.9%	0.8%	67.9%
Term Structure	-1.7%	-16.3%	7.9%	6.7%	-15.7%
VWIV	32.2%	15.0%	43.3%	15.0%	35.5%
Skew 25d	0.6%	-20.4%	21.5%	-20.4%	1.3%
Skew 10d	9.8%	-21.6%	68.8%	-12.2%	0.5%
Call IV 25d	34.6%	20.3%	43.3%	36.5%	33.6%
Put IV 25d	35.2%	16.1%	45.1%	16.1%	34.9%
Bid-Ask Spread %	104.90	90.63	121.14	121.14	100.98
Gamma HHI	0.70	0.32	0.93	0.37	0.59
Net GEX	-46.5K	-152.8K	5.3K	1.6K	-24.7K
Net DEX	180.9K	-37.1K	474.3K	-2.8K	124.9K
Net VEX	-784	-1.5K	-379	-401	-968
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.06	0.00	0.29	0.00	0.00
Total Volume	66.4	0	400	12	236
Total OI	617.8	204	832	204	652

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
2023-07-03	$21.87	$21.25	18.9%	5.4%	23.4%	4.0%	15.0%	-20.4%	6.7%	1.6K	-2.8K	-401	0.00	121.14	0	12	120	84
2023-07-05	$21.84	$21.25	23.1%	6.6%	23.3%	11.0%	26.9%	21.5%	5.8%	-1.3K	3.4K	-425	0.00	112.10	0	400	120	96
2023-07-06	$21.57	$20.00	16.7%	7.7%	22.3%	0.3%	29.6%	-0.1%	3.0%	-77.6K	284.6K	-1.0K	0.00	101.26	0	208	120	496
2023-07-07	$21.50	$20.00	22.1%	8.9%	18.0%	9.2%	34.2%	12.3%	0.0%	-113.7K	474.3K	-1.5K	0.00	97.36	8	0	120	704
2023-07-10	$21.70	$20.00	22.8%	8.3%	18.5%	10.4%	0.0%	-2.5%	2.7%	-71.1K	238.7K	-1.0K	0.00	105.81	0	0	120	704
2023-07-11	$21.51	$20.00	18.2%	9.9%	18.4%	2.8%	0.0%	2.4%	-5.4%	-152.8K	464.2K	-1.2K	0.00	90.86	4	0	120	704
2023-07-12	$21.52	$20.00	28.1%	8.0%	18.3%	19.2%	0.0%	6.0%	2.2%	-93.2K	464.0K	-1.2K	0.00	99.59	0	0	124	704
2023-07-13	$21.66	$20.00	25.8%	7.4%	18.1%	15.4%	0.0%	1.0%	7.9%	-119.6K	389.1K	-1.0K	0.00	105.50	0	4	124	704
2023-07-14	$22.04	$20.00	28.3%	8.1%	18.0%	19.6%	0.0%	-2.4%	-0.7%	-62.5K	396.2K	-1.1K	0.00	111.49	0	0	124	708
2023-07-17	$22.43	$20.00	30.6%	8.8%	19.1%	23.5%	0.0%	1.1%	-4.2%	-54.1K	264.7K	-791	0.00	110.42	0	0	124	708
2023-07-18	$23.16	$20.00	26.5%	7.6%	21.9%	16.6%	0.0%	-6.6%	-3.2%	-31.4K	94.8K	-658	0.00	109.72	0	0	124	708
2023-07-19	$23.03	$20.00	33.0%	9.4%	21.6%	27.4%	0.0%	1.6%	-7.1%	-34.8K	118.4K	-628	0.00	112.26	0	0	124	708
2023-07-20	$22.95	$20.00	32.4%	9.3%	21.5%	26.5%	0.0%	1.5%	-7.3%	-35.3K	101.3K	-526	0.00	113.69	0	0	124	708
2023-07-21	$22.67	$20.00	36.2%	10.4%	21.4%	32.8%	0.0%	-0.9%	-4.9%	-44.0K	107.1K	-494	0.00	90.63	0	0	124	708
2023-07-24	$22.75	$20.00	22.5%	6.4%	17.5%	9.9%	43.3%	-9.4%	-1.4%	4.0K	-23.8K	-379	0.29	99.02	28	8	116	88
2023-07-25	$22.88	$20.00	33.4%	9.6%	17.4%	28.2%	0.0%	1.8%	-16.3%	5.1K	-37.1K	-442	0.00	111.63	0	0	136	96
2023-07-26	$22.79	$20.00	32.5%	9.3%	17.5%	26.7%	0.0%	0.6%	7.2%	5.3K	-23.2K	-420	0.00	103.66	8	0	136	96
2023-07-27	$22.49	$20.00	27.1%	7.8%	18.4%	17.6%	37.0%	-7.3%	1.0%	4.4K	-18.1K	-431	0.00	98.40	0	400	144	96
2023-07-28	$22.53	$21.25	25.0%	7.2%	17.8%	14.2%	35.7%	10.3%	-3.7%	-34.7K	196.6K	-1.0K	0.00	102.53	12	0	144	496
2023-07-31	$22.58	$21.25	35.6%	10.2%	17.8%	31.8%	35.5%	1.3%	-15.7%	-24.7K	124.9K	-968	0.00	100.98	0	236	156	496