BDN Options History — August 2022

In August 2022, BDN traded between $8.03 and $9.26. ATM implied volatility averaged 57.2%, placing in the 31.2% IV rank vs the trailing year. The 30-day expected move averaged 13.8%. IV traded above realized volatility by 24.3% (HV 20d: 32.9%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 4 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 3.12.

Notable Days

  • 2022-08-31: Highest Volume — 342 contracts
  • 2022-08-29: Largest IV spike — 112.9% change
  • 2022-08-08: Highest IV Rank — 84.8%
  • 2022-08-22: Largest Expected Move — 24.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.55$8.03$9.26$9.26$8.06
Max Pain$9.67$7.50$10.00$7.50$10.00
ATM IV57.2%29.4%132.5%47.1%40.9%
Expected Move13.8%8.4%24.8%13.5%11.7%
HV 20d32.9%30.0%35.7%30.0%33.9%
HV 60d34.4%33.5%35.5%34.3%35.3%
IV Rank31.2%11.4%84.8%23.9%19.5%
IV Percentile67.1%19.8%98.8%65.1%42.1%
Term Structure-15.5%-91.0%37.1%8.3%1.3%
VWIV50.1%20.5%90.1%67.4%90.1%
Skew 25d-0.9%-37.3%26.1%26.1%9.8%
Skew 10d27.5%-44.9%163.0%-5.5%150.5%
Call IV 25d38.4%20.9%82.7%25.8%37.6%
Put IV 25d37.5%23.2%52.0%52.0%47.4%
Bid-Ask Spread %107.3684.55131.32105.6888.35
Gamma HHI0.550.360.840.410.84
Net GEX-1.6K-8.4K1.1K-187-8.4K
Net DEX39.2K-24.8K138.4K-9.3K121.2K
Net VEX-365-731-195-285-615
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.120.0054.000.351.15
Total Volume81.8260342101342
Total OI575.3044311,0024311,002

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-08-01$9.26$7.5047.1%13.5%30.0%23.9%67.4%26.1%8.3%-187-9.3K-2850.35105.687526283148
2022-08-02$8.99$7.5060.8%17.4%30.7%33.7%76.3%-37.3%-46.0%2881.7K-3550.36116.697527284148
2022-08-03$8.82$7.5039.8%11.4%31.0%18.7%58.2%0.6%7.3%-62017.5K-2770.3695.037527284149
2022-08-04$8.56$10.0083.9%9.4%32.4%50.2%31.2%0.6%31.2%-89821.3K-2880.26119.346918292150
2022-08-05$8.52$10.0072.8%12.5%32.0%42.2%21.7%-6.3%-13.4%-56423.1K-3280.28104.686719292155
2022-08-08$8.57$10.00132.5%12.3%30.7%84.8%39.2%2.2%-18.2%-26315.0K-3780.39121.534919292158
2022-08-09$8.32$10.0080.5%10.8%31.2%47.7%0.0%-6.8%-15.7%-1.3K35.0K-2510.21106.48143293156
2022-08-10$8.69$10.0046.6%13.4%35.5%23.6%0.0%-19.3%-11.7%-56813.6K-3110.00115.0650291158
2022-08-11$8.82$10.0057.5%16.5%35.7%31.3%0.0%-14.7%-25.9%-4205.3K-2970.00131.3260296158
2022-08-12$8.82$10.0043.4%12.4%35.1%21.3%0.0%9.9%4.7%-1605.8K-3080.00118.9410296158
2022-08-15$8.77$10.0049.1%14.1%35.1%25.3%21.7%11.4%21.0%5542.1K-1950.00115.0160295158
2022-08-16$8.89$10.0045.7%13.1%32.1%22.9%20.5%14.7%13.8%-1.2K4.6K-2660.14111.8110715299158
2022-08-17$8.84$10.0065.3%18.7%32.0%36.9%0.0%-35.9%-47.8%1.1K-24.8K-3730.00123.9450403173
2022-08-18$8.84$10.0044.8%12.8%30.5%22.3%0.0%17.8%15.8%215-10.6K-3860.0098.0800403173
2022-08-19$8.62$10.0064.0%18.4%31.2%36.0%0.0%-2.0%-81.7%-76-4.0K-3850.00102.30140403173
2022-08-22$8.28$10.0086.4%24.8%32.8%52.0%58.0%10.4%-91.0%-3157.9K-4342.68110.1444118363176
2022-08-23$8.41$10.0036.3%10.4%32.6%16.2%0.0%11.5%-1.9%-2.5K107.3K-2860.10104.36101387289
2022-08-24$8.15$10.0058.8%16.8%33.9%32.2%0.0%-20.4%-59.3%-2.9K106.8K-3623.12104.5234106387290
2022-08-25$8.31$10.0035.4%10.1%34.9%15.6%0.0%1.1%-23.4%-3.5K124.1K-3760.0087.1701386349
2022-08-26$8.07$10.0029.4%8.4%34.9%11.4%84.3%-8.6%-4.0%-3.7K138.4K-3951.7284.55102175386350
2022-08-29$8.11$10.0062.7%18.0%35.1%35.0%43.8%4.5%-57.3%-3.8K65.5K-50254.00111.274216488303
2022-08-30$8.03$10.0033.1%9.5%34.1%13.9%39.2%10.4%37.1%-6.6K132.9K-7310.4093.1452492505
2022-08-31$8.06$10.0040.9%11.7%33.9%19.5%90.1%9.8%1.3%-8.4K121.2K-6151.1588.35159183495507