BBSI Options History — December 2023

In December 2023, BBSI traded between $27.66 and $29.64. ATM implied volatility averaged 24.6%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 7.9% (HV 20d: 16.7%). Max pain ranged from $26.25 to $28.75. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.26.

Notable Days

2023-12-05: Highest Volume — 48 contracts
2023-12-12: Largest IV drop — 45.7% change
2023-12-11: Highest IV Rank — 43.6%
2023-12-11: Largest Expected Move — 7.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$28.51	$27.66	$29.64	$27.66	$29.18
Max Pain	$28.63	$26.25	$28.75	$26.25	$28.75
ATM IV	24.6%	16.0%	42.3%	24.9%	22.3%
Expected Move	6.2%	4.6%	7.3%	7.1%	6.4%
HV 20d	16.7%	13.0%	21.6%	21.5%	13.7%
HV 60d	22.2%	20.5%	23.6%	23.3%	21.0%
IV Rank	14.4%	0.3%	43.6%	14.9%	10.6%
IV Percentile	27.7%	0.4%	92.9%	27.8%	13.5%
Term Structure	0.5%	-7.0%	7.7%	4.1%	0.1%
VWIV	22.3%	20.3%	25.1%	25.1%	20.3%
Skew 25d	3.5%	-1.9%	10.4%	-1.0%	1.9%
Skew 10d	6.3%	-0.2%	14.3%	6.6%	0.0%
Call IV 25d	22.5%	14.0%	30.8%	30.8%	20.8%
Put IV 25d	26.0%	20.4%	31.6%	29.8%	22.7%
Bid-Ask Spread %	92.83	79.66	106.42	106.42	94.97
Gamma HHI	0.41	0.32	0.47	0.37	0.46
Net GEX	56.3K	40.8K	68.0K	51.7K	67.6K
Net DEX	-608.5K	-857.2K	-433.3K	-442.7K	-719.6K
Net VEX	-2.0K	-2.1K	-1.9K	-2.0K	-1.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.26	0.00	1.00	0.00	1.00
Total Volume	8.2	0	48	0	8
Total OI	546	508	596	532	520

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
2023-12-01	$27.66	$26.25	24.9%	7.1%	21.5%	14.9%	0.0%	-1.0%	4.1%	51.7K	-442.7K	-2.0K	0.00	106.42	0	0	472	60
2023-12-04	$28.10	$28.75	29.9%	6.6%	20.8%	23.2%	0.0%	0.1%	0.3%	46.6K	-537.2K	-2.0K	0.00	82.70	24	0	464	60
2023-12-05	$27.71	$28.75	31.8%	5.3%	21.6%	26.4%	25.1%	-1.9%	7.4%	40.8K	-450.5K	-2.0K	0.33	89.05	36	12	476	60
2023-12-06	$27.68	$28.75	34.9%	6.9%	21.0%	31.4%	21.6%	0.9%	-3.9%	43.5K	-467.0K	-2.1K	1.00	87.67	8	8	500	72
2023-12-07	$27.67	$28.75	26.7%	6.7%	19.7%	17.9%	0.0%	10.4%	0.8%	41.4K	-433.3K	-2.0K	0.00	80.11	0	4	500	80
2023-12-08	$27.79	$28.75	30.1%	6.9%	19.7%	23.5%	0.0%	-0.6%	-2.2%	44.1K	-493.8K	-2.1K	0.00	79.66	0	8	500	84
2023-12-11	$28.06	$28.75	42.3%	7.3%	19.4%	43.6%	0.0%	1.4%	-7.0%	50.4K	-506.7K	-2.0K	0.00	97.96	0	0	500	92
2023-12-12	$28.21	$28.75	23.0%	6.7%	19.4%	11.7%	0.0%	-1.9%	-5.1%	58.6K	-572.0K	-2.0K	0.00	90.97	0	0	500	92
2023-12-13	$28.47	$28.75	17.8%	5.1%	15.7%	3.2%	0.0%	1.5%	5.2%	58.5K	-630.0K	-2.0K	0.00	84.34	8	0	500	92
2023-12-14	$28.70	$28.75	16.0%	4.6%	15.0%	0.3%	0.0%	9.8%	6.9%	57.8K	-678.0K	-2.0K	0.00	95.54	8	0	504	92
2023-12-15	$28.64	$28.75	21.1%	6.0%	14.8%	8.6%	0.0%	8.0%	-6.3%	58.3K	-648.5K	-2.0K	0.00	88.01	0	0	496	92
2023-12-18	$28.70	$28.75	16.1%	4.6%	14.6%	0.3%	0.0%	6.5%	4.8%	65.4K	-621.1K	-2.0K	0.00	103.02	0	0	476	32
2023-12-19	$28.89	$28.75	22.0%	6.3%	14.5%	10.2%	0.0%	1.7%	-3.1%	62.6K	-664.4K	-2.0K	0.00	93.50	0	0	476	32
2023-12-20	$28.70	$28.75	22.5%	6.4%	13.6%	10.9%	0.0%	9.3%	1.6%	58.2K	-578.7K	-1.9K	0.00	97.62	20	0	476	32
2023-12-21	$28.84	$28.75	17.5%	5.0%	13.1%	2.8%	0.0%	-0.6%	7.7%	63.8K	-638.0K	-2.0K	0.00	96.01	0	0	484	32
2023-12-22	$28.92	$28.75	22.8%	6.5%	13.0%	11.5%	0.0%	10.2%	-0.9%	60.7K	-692.3K	-2.0K	0.00	95.84	0	0	484	32
2023-12-26	$29.47	$28.75	23.6%	6.8%	14.0%	12.8%	20.3%	1.2%	-0.2%	68.0K	-811.6K	-1.9K	0.00	99.33	16	0	484	32
2023-12-27	$29.64	$28.75	21.4%	6.1%	13.8%	9.2%	0.0%	8.4%	1.0%	66.5K	-857.2K	-1.9K	0.00	96.51	4	0	488	32
2023-12-28	$29.11	$28.75	24.8%	7.1%	15.6%	14.8%	0.0%	5.5%	-1.3%	62.1K	-727.5K	-1.9K	0.00	97.25	0	0	488	32
2023-12-29	$29.18	$28.75	22.3%	6.4%	13.7%	10.6%	0.0%	1.9%	0.1%	67.6K	-719.6K	-1.9K	1.00	94.97	4	4	488	32