BBSI Options History — November 2023

In November 2023, BBSI traded between $22.55 and $27.69. ATM implied volatility averaged 23.0%, placing in the 11.3% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded below realized volatility by 3.6% (HV 20d: 26.6%). Max pain ranged from $18.75 to $26.25. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.32.

Notable Days

2023-11-01: Highest Volume — 552 contracts
2023-11-17: Largest IV spike — 77.7% change
2023-11-01: Highest IV Rank — 34.2%
2023-11-01: Largest Expected Move — 10.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$26.30	$22.55	$27.69	$22.55	$27.59
Max Pain	$24.46	$18.75	$26.25	$22.50	$26.25
ATM IV	23.0%	15.8%	37.0%	37.0%	25.9%
Expected Move	6.6%	4.5%	10.6%	10.6%	7.4%
HV 20d	26.6%	18.8%	29.8%	18.8%	25.7%
HV 60d	22.4%	17.9%	23.5%	17.9%	23.3%
IV Rank	11.3%	0.0%	34.2%	34.2%	16.6%
IV Percentile	19.5%	0.0%	80.2%	80.2%	33.7%
Term Structure	-2.4%	-11.4%	6.2%	-11.4%	-1.5%
VWIV	26.4%	16.4%	38.3%	36.5%	23.9%
Skew 25d	2.8%	-5.1%	12.0%	12.0%	3.7%
Skew 10d	3.5%	-13.5%	17.8%	-5.0%	-13.5%
Call IV 25d	24.6%	18.1%	36.8%	36.8%	27.5%
Put IV 25d	27.4%	22.0%	48.8%	48.8%	31.2%
Bid-Ask Spread %	100.86	95.29	107.25	95.78	104.76
Gamma HHI	0.48	0.22	0.89	0.76	0.34
Net GEX	36.5K	-31.0K	128.4K	-31.0K	39.9K
Net DEX	-778.4K	-1.7M	268.1K	268.1K	-417.9K
Net VEX	-1.2K	-1.9K	-390	-950	-1.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.32	0.00	3.00	0.04	0.00
Total Volume	59.238	0	552	552	12
Total OI	864.571	380	1,248	596	512

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
2023-11-01	$22.55	$22.50	37.0%	10.6%	18.8%	34.2%	36.5%	12.0%	-11.4%	-31.0K	268.1K	-950	0.04	95.78	532	20	84	512
2023-11-02	$23.66	$18.75	19.9%	6.3%	25.5%	5.6%	0.0%	5.3%	-0.6%	119.5K	-598.4K	-1.3K	0.00	96.09	4	0	604	532
2023-11-03	$24.25	$18.75	27.4%	6.3%	26.7%	18.2%	17.0%	8.9%	0.0%	57.5K	-867.7K	-1.4K	0.00	104.62	20	0	600	532
2023-11-06	$24.73	$18.75	19.6%	6.7%	27.2%	5.2%	30.0%	1.8%	6.2%	128.4K	-1.2M	-744	3.00	103.18	4	12	616	532
2023-11-07	$25.23	$25.00	18.8%	6.1%	27.9%	3.9%	0.0%	2.7%	1.2%	69.3K	-1.3M	-856	0.00	95.29	28	0	660	544
2023-11-08	$25.86	$25.00	21.9%	6.3%	28.9%	9.0%	0.0%	-2.8%	-4.3%	44.5K	-1.5M	-606	0.20	98.35	20	4	672	544
2023-11-09	$25.92	$25.00	20.6%	5.9%	28.8%	6.7%	0.0%	-3.3%	-1.8%	41.6K	-1.4M	-737	0.00	102.95	24	0	676	548
2023-11-10	$26.30	$25.00	19.6%	5.6%	28.2%	5.0%	0.0%	-5.1%	0.4%	12.6K	-1.6M	-398	0.00	97.06	0	0	684	548
2023-11-13	$26.28	$25.00	24.0%	6.9%	28.1%	12.5%	26.5%	3.7%	-7.1%	9.2K	-1.6M	-390	0.00	97.13	0	4	684	548
2023-11-14	$27.21	$25.00	16.5%	4.7%	29.8%	0.0%	0.0%	0.5%	1.9%	9.7K	-1.7M	-446	2.00	107.25	20	40	684	552
2023-11-15	$27.66	$25.00	22.6%	6.5%	28.6%	10.2%	0.0%	-0.6%	-2.0%	8.2K	-1.7M	-479	0.12	99.89	164	20	672	576
2023-11-16	$27.49	$25.00	15.8%	4.5%	26.8%	0.0%	0.0%	-1.4%	4.7%	14.2K	-233.6K	-1.2K	0.00	104.57	16	0	224	596
2023-11-17	$27.69	$25.00	28.2%	8.1%	26.7%	20.3%	38.3%	9.8%	-2.4%	14.3K	-284.6K	-1.3K	0.44	102.45	100	44	236	596
2023-11-20	$27.57	$26.25	20.8%	6.0%	25.2%	8.1%	16.4%	1.6%	-3.0%	27.2K	-327.2K	-1.6K	0.04	100.37	96	4	324	56
2023-11-21	$27.18	$26.25	31.2%	8.9%	25.3%	25.3%	24.0%	5.3%	-9.3%	30.7K	-324.9K	-1.8K	0.00	100.05	12	0	416	60
2023-11-22	$26.98	$26.25	17.3%	4.9%	25.9%	2.3%	0.0%	5.0%	0.2%	33.9K	-303.0K	-1.8K	0.00	103.75	16	0	428	60
2023-11-24	$26.95	$26.25	23.1%	6.6%	26.2%	12.0%	24.6%	-3.0%	-7.3%	32.3K	-330.9K	-1.9K	0.00	100.44	4	0	444	60
2023-11-27	$27.14	$26.25	23.5%	6.7%	25.8%	12.6%	23.9%	2.4%	-4.6%	33.3K	-290.5K	-1.7K	0.00	97.98	8	0	448	60
2023-11-28	$27.07	$26.25	27.9%	8.0%	26.2%	19.9%	0.0%	3.3%	-8.9%	37.0K	-327.8K	-1.8K	0.00	98.92	0	0	456	60
2023-11-29	$26.94	$26.25	21.5%	6.2%	26.1%	9.4%	0.0%	8.5%	-0.7%	33.4K	-286.7K	-1.6K	0.00	107.06	16	0	456	60
2023-11-30	$27.59	$26.25	25.9%	7.4%	25.7%	16.6%	0.0%	3.7%	-1.5%	39.9K	-417.9K	-1.9K	0.00	104.76	12	0	452	60