BBSI Options History — September 2023

In September 2023, BBSI traded between $22.28 and $24.07. ATM implied volatility averaged 28.5%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 13.1% (HV 20d: 15.5%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.33.

Notable Days

2023-09-29: Highest Volume — 144 contracts
2023-09-05: Largest IV spike — 53.1% change
2023-09-08: Highest IV Rank — 48.6%
2023-09-29: Largest Expected Move — 8.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.19	$22.28	$24.07	$24.07	$22.51
Max Pain	$22.50	$22.50	$22.50	$22.50	$22.50
ATM IV	28.5%	18.7%	45.7%	25.0%	28.0%
Expected Move	6.4%	4.5%	8.0%	7.2%	8.0%
HV 20d	15.5%	12.0%	22.0%	12.0%	22.0%
HV 60d	17.5%	16.2%	18.8%	17.3%	18.8%
IV Rank	20.0%	3.6%	48.6%	14.2%	19.1%
IV Percentile	34.7%	1.6%	92.1%	19.4%	41.7%
Term Structure	4.8%	-2.6%	22.6%	8.3%	7.6%
VWIV	27.6%	21.8%	34.9%	21.8%	34.9%
Skew 25d	5.4%	-14.0%	13.1%	-14.0%	2.4%
Skew 10d	8.3%	-3.9%	21.4%	-3.9%	10.7%
Call IV 25d	23.5%	16.1%	47.1%	47.1%	23.9%
Put IV 25d	28.9%	23.6%	39.3%	33.1%	26.3%
Bid-Ask Spread %	108.42	93.94	116.79	114.18	104.92
Gamma HHI	0.44	0.27	0.73	0.36	0.73
Net GEX	-2.9K	-28.5K	11.1K	3.7K	-28.5K
Net DEX	-3.4K	-98.1K	240.2K	-74.5K	240.2K
Net VEX	-604	-940	-404	-615	-865
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.33	0.00	1.00	0.00	1.00
Total Volume	10.8	0	144	0	144
Total OI	268.8	180	424	224	424

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
2023-09-01	$24.07	$22.50	25.0%	7.2%	12.0%	14.2%	0.0%	-14.0%	8.3%	3.7K	-74.5K	-615	0.00	114.18	0	0	112	112
2023-09-05	$23.51	$0.00	38.3%	6.5%	13.9%	36.4%	0.0%	5.7%	-1.8%	1.5K	-55.1K	-561	0.00	114.31	0	0	112	112
2023-09-06	$23.47	$0.00	40.4%	5.7%	13.8%	39.8%	0.0%	0.4%	4.2%	1.2K	-45.6K	-537	0.00	115.67	0	0	112	112
2023-09-07	$23.50	$0.00	42.9%	5.8%	13.8%	43.9%	0.0%	9.9%	4.4%	1.2K	-46.8K	-544	0.00	115.56	0	0	112	112
2023-09-08	$23.78	$0.00	45.7%	6.0%	14.1%	48.6%	0.0%	10.4%	5.4%	1.9K	-49.8K	-538	0.00	116.79	0	0	112	112
2023-09-11	$23.71	$0.00	40.4%	5.4%	14.2%	39.8%	0.0%	5.3%	2.9%	5.1K	-63.8K	-489	0.00	107.67	28	0	112	112
2023-09-12	$23.73	$0.00	37.9%	4.5%	13.0%	35.7%	0.0%	2.9%	6.6%	11.1K	-98.1K	-528	0.00	99.66	4	0	140	112
2023-09-13	$23.75	$0.00	22.0%	6.3%	13.0%	9.2%	0.0%	10.8%	4.2%	6.0K	-85.6K	-532	0.00	116.69	0	0	144	112
2023-09-14	$23.56	$0.00	22.3%	6.4%	13.3%	9.6%	0.0%	10.7%	5.6%	5.0K	-68.9K	-502	0.00	115.62	0	0	144	112
2023-09-15	$23.23	$0.00	20.9%	6.0%	13.5%	7.2%	0.0%	12.8%	2.2%	5.7K	-63.1K	-486	0.00	115.75	0	0	144	112
2023-09-18	$22.91	$0.00	23.7%	6.8%	12.7%	11.9%	0.0%	13.1%	6.4%	4.9K	-47.1K	-407	0.00	111.68	0	0	116	64
2023-09-19	$22.67	$0.00	23.2%	6.7%	13.0%	11.1%	0.0%	3.7%	-2.3%	4.8K	-46.1K	-404	0.00	116.67	0	0	116	64
2023-09-20	$22.91	$0.00	24.6%	7.0%	13.9%	13.4%	0.0%	10.4%	3.4%	3.8K	-45.3K	-486	0.00	105.27	0	0	116	64
2023-09-21	$22.35	$0.00	24.3%	7.0%	15.9%	12.9%	0.0%	2.9%	-2.6%	3.4K	-35.9K	-440	0.00	101.84	0	0	116	64
2023-09-22	$22.28	$0.00	21.3%	6.1%	15.5%	7.9%	21.8%	-0.6%	11.4%	3.3K	-24.9K	-415	0.00	101.11	0	32	116	64
2023-09-25	$22.98	$22.50	18.7%	5.4%	19.5%	3.6%	26.2%	4.2%	22.6%	-19.4K	119.8K	-940	1.00	103.29	4	4	116	300
2023-09-26	$22.72	$22.50	24.3%	7.0%	19.7%	13.0%	0.0%	4.7%	1.0%	-28.4K	173.3K	-939	0.00	93.94	0	0	120	304
2023-09-27	$23.16	$22.50	22.4%	6.4%	21.2%	9.8%	0.0%	3.5%	1.0%	-25.2K	107.9K	-923	0.00	94.92	0	0	120	304
2023-09-28	$22.92	$22.50	24.6%	7.1%	21.4%	13.5%	0.0%	8.1%	5.9%	-19.0K	142.2K	-919	0.00	102.83	0	0	120	304
2023-09-29	$22.51	$22.50	28.0%	8.0%	22.0%	19.1%	34.9%	2.4%	7.6%	-28.5K	240.2K	-865	0.00	104.92	0	144	120	304