BBSI Options History — March 2024

In March 2024, BBSI traded between $29.29 and $31.61. ATM implied volatility averaged 25.4%, placing in the 16.1% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded below realized volatility by 3.8% (HV 20d: 29.2%). Max pain ranged from $27.50 to $31.25. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.13.

Notable Days

2024-03-11: Highest Volume — 80 contracts
2024-03-13: Largest IV drop — 54.5% change
2024-03-12: Highest IV Rank — 49.4%
2024-03-01: Largest Expected Move — 8.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$30.37	$29.29	$31.61	$29.82	$31.61
Max Pain	$27.75	$27.50	$31.25	$31.25	$27.50
ATM IV	25.4%	19.2%	45.8%	28.3%	22.4%
Expected Move	6.3%	5.5%	8.1%	8.1%	6.4%
HV 20d	29.2%	21.7%	35.1%	32.9%	21.7%
HV 60d	23.7%	22.3%	24.4%	22.4%	23.8%
IV Rank	16.1%	5.7%	49.4%	20.5%	11.6%
IV Percentile	33.5%	6.3%	96.8%	53.2%	21.0%
Term Structure	5.7%	-4.9%	11.8%	-4.9%	7.3%
VWIV	29.5%	28.5%	30.6%	30.6%	28.5%
Skew 25d	1.7%	-3.9%	8.5%	0.6%	6.2%
Skew 10d	2.5%	-2.2%	8.3%	1.0%	3.4%
Call IV 25d	25.8%	18.4%	31.5%	28.1%	31.5%
Put IV 25d	27.5%	21.3%	37.7%	28.6%	37.7%
Bid-Ask Spread %	109.90	101.30	113.41	110.11	112.90
Gamma HHI	0.41	0.26	0.80	0.44	0.29
Net GEX	-56.0K	-143.0K	2.6K	-140.8K	2.6K
Net DEX	91.1K	-213.9K	608.7K	306.5K	-213.9K
Net VEX	-1.3K	-2.4K	-792	-2.2K	-823
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.13	0.00	0.40	0.40	0.00
Total Volume	7.2	0	80	0	0
Total OI	971.2	212	1,628	1,556	224

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
2024-03-01	$29.82	$31.25	28.3%	8.1%	32.9%	20.5%	0.0%	0.6%	-4.9%	-140.8K	306.5K	-2.2K	0.00	110.11	0	0	216	1,340
2024-03-04	$30.18	$28.75	32.9%	6.7%	32.4%	28.1%	30.6%	7.2%	4.4%	-104.3K	271.6K	-2.2K	0.40	101.30	20	8	216	1,340
2024-03-05	$29.29	$27.50	27.6%	7.4%	34.5%	19.4%	0.0%	-3.9%	6.0%	-143.0K	583.7K	-2.4K	0.00	104.23	0	16	236	1,348
2024-03-06	$29.74	$27.50	25.1%	6.6%	34.6%	15.2%	0.0%	-2.9%	4.9%	-104.4K	316.8K	-2.0K	0.00	103.60	0	0	236	1,348
2024-03-07	$30.05	$27.50	26.5%	6.5%	34.6%	17.6%	0.0%	4.5%	9.6%	-76.2K	62.1K	-1.4K	0.00	107.39	0	0	236	1,348
2024-03-08	$29.66	$27.50	32.5%	6.7%	35.1%	27.5%	28.5%	0.3%	1.7%	-106.2K	345.5K	-1.9K	0.00	107.12	0	8	236	1,348
2024-03-11	$29.89	$27.50	40.2%	6.4%	34.6%	40.2%	0.0%	-1.6%	7.4%	-83.6K	106.7K	-1.2K	0.00	109.88	0	80	236	1,352
2024-03-12	$30.12	$27.50	45.8%	6.7%	34.5%	49.4%	0.0%	-0.0%	3.9%	-51.7K	96.3K	-1.3K	0.00	109.70	0	0	236	1,392
2024-03-13	$29.79	$27.50	20.8%	6.0%	26.7%	8.2%	0.0%	0.2%	3.4%	-72.6K	202.1K	-1.2K	0.00	110.52	0	0	236	1,392
2024-03-14	$29.52	$27.50	19.3%	5.5%	26.1%	5.7%	0.0%	-2.8%	6.4%	-136.4K	608.7K	-1.5K	0.00	111.25	0	0	228	1,392
2024-03-15	$29.79	$27.50	21.1%	6.1%	25.4%	9.4%	0.0%	0.1%	7.3%	-116.9K	413.5K	-1.1K	0.00	111.21	0	0	228	1,336
2024-03-18	$30.13	$27.50	19.4%	5.5%	25.6%	6.2%	0.0%	0.3%	6.4%	1.9K	-97.4K	-921	0.00	111.89	4	0	108	104
2024-03-19	$30.19	$27.50	22.9%	6.6%	25.5%	12.6%	0.0%	-1.3%	5.4%	1.8K	-108.3K	-955	0.00	111.09	0	0	112	104
2024-03-20	$30.85	$27.50	20.6%	5.9%	26.1%	8.5%	0.0%	8.5%	3.3%	2.4K	-156.6K	-878	0.00	112.59	0	0	112	104
2024-03-21	$31.41	$27.50	19.2%	5.5%	26.5%	5.9%	0.0%	1.2%	10.4%	1.9K	-179.3K	-855	0.00	112.80	4	0	112	104
2024-03-22	$30.99	$27.50	19.3%	5.5%	27.0%	6.2%	0.0%	0.2%	6.8%	2.3K	-160.4K	-895	0.00	111.68	0	0	112	104
2024-03-25	$31.41	$27.50	20.6%	5.9%	26.9%	8.4%	0.0%	3.9%	7.3%	1.4K	-183.4K	-834	0.00	112.09	0	0	112	104
2024-03-26	$31.54	$27.50	22.4%	6.4%	26.8%	11.7%	0.0%	6.3%	5.9%	1.2K	-201.7K	-792	0.00	113.41	0	0	112	104
2024-03-27	$31.42	$27.50	21.7%	6.2%	26.9%	10.5%	0.0%	6.3%	11.8%	1.1K	-190.7K	-825	0.00	113.14	0	4	112	104
2024-03-28	$31.61	$27.50	22.4%	6.4%	21.7%	11.6%	0.0%	6.2%	7.3%	2.6K	-213.9K	-823	0.00	112.90	0	0	120	104