BDN Options History — June 2024

In June 2024, BDN traded between $4.36 and $4.63. ATM implied volatility averaged 36.7%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 11.3% (HV 20d: 25.5%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.87.

Notable Days

2024-06-05: Highest Volume — 116 contracts
2024-06-11: Largest IV spike — 109.6% change
2024-06-11: Highest IV Rank — 90.0%
2024-06-28: Largest Expected Move — 13.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.54	$4.36	$4.63	$4.63	$4.46
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	36.7%	24.8%	82.4%	33.4%	45.8%
Expected Move	9.5%	7.0%	13.1%	9.6%	13.1%
HV 20d	25.5%	22.3%	30.2%	30.2%	23.3%
HV 60d	36.7%	33.7%	38.5%	38.5%	33.7%
IV Rank	24.0%	6.7%	90.0%	19.1%	37.1%
IV Percentile	36.1%	4.4%	99.6%	28.2%	71.8%
Term Structure	4.4%	-26.7%	21.2%	19.7%	-22.4%
VWIV	37.0%	24.5%	48.5%	29.2%	43.7%
Skew 25d	89.2%	-12.7%	269.1%	20.7%	128.1%
Skew 10d	128.1%	-7.7%	410.5%	10.1%	153.9%
Call IV 25d	45.9%	21.2%	105.4%	22.9%	28.6%
Put IV 25d	135.1%	34.1%	358.3%	43.7%	156.8%
Bid-Ask Spread %	85.30	53.04	109.36	90.00	71.62
Gamma HHI	0.88	0.77	0.94	0.90	0.89
Net GEX	21.5K	13.6K	28.4K	25.9K	16.6K
Net DEX	-3.3K	-166.2K	153.9K	-139.3K	92.0K
Net VEX	-2.8K	-3.5K	-2.0K	-3.5K	-2.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.87	0.00	5.80	0.96	0.36
Total Volume	44.579	0	116	53	15
Total OI	8,353.474	8,092	8,518	8,249	8,289

Daily Data (19 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
2024-06-03	$4.63	$5.00	33.4%	9.6%	30.2%	19.1%	0.0%	20.7%	19.7%	25.9K	-139.3K	-3.5K	0.96	90.00	27	26	6,415	1,834
2024-06-04	$4.63	$5.00	31.0%	8.9%	29.5%	15.8%	0.0%	24.4%	12.8%	26.4K	-110.3K	-3.4K	0.67	79.66	9	6	6,411	1,834
2024-06-05	$4.62	$5.00	28.2%	8.1%	28.9%	11.7%	0.0%	14.5%	20.7%	25.2K	-116.3K	-3.4K	0.03	82.00	113	3	6,415	1,838
2024-06-06	$4.61	$5.00	28.8%	7.5%	28.7%	12.5%	29.2%	269.1%	18.4%	26.8K	-61.3K	-3.3K	3.33	102.32	9	30	6,517	1,841
2024-06-07	$4.53	$5.00	30.8%	7.0%	27.7%	15.4%	0.0%	245.0%	21.2%	21.9K	41.2K	-3.0K	5.80	109.36	5	29	6,524	1,861
2024-06-10	$4.53	$5.00	39.3%	7.3%	27.1%	27.8%	0.0%	46.7%	19.4%	22.8K	16.2K	-2.9K	0.00	99.92	0	4	6,527	1,877
2024-06-11	$4.45	$5.00	82.4%	9.8%	24.3%	90.0%	0.0%	246.9%	-0.7%	17.8K	131.6K	-2.5K	0.00	83.02	0	0	6,527	1,880
2024-06-12	$4.53	$5.00	31.7%	9.1%	24.8%	16.8%	31.0%	-0.1%	11.8%	22.8K	-37.4K	-3.1K	0.00	102.77	26	0	6,527	1,869
2024-06-13	$4.58	$5.00	25.3%	7.2%	24.9%	7.5%	27.4%	265.0%	14.9%	24.4K	38.0K	-2.9K	0.06	80.28	100	6	6,543	1,869
2024-06-14	$4.56	$5.00	25.1%	7.2%	24.7%	7.2%	24.5%	75.6%	12.6%	23.2K	23.5K	-2.7K	2.33	100.76	27	63	6,643	1,875
2024-06-17	$4.53	$5.00	27.9%	8.0%	24.2%	11.2%	0.0%	13.3%	20.0%	22.6K	-26.9K	-2.8K	0.00	98.76	5	0	6,644	1,838
2024-06-18	$4.62	$5.00	38.2%	11.0%	25.4%	26.2%	43.3%	7.3%	-1.6%	28.4K	-166.2K	-3.1K	0.00	98.55	15	0	6,646	1,838
2024-06-20	$4.58	$5.00	41.8%	12.0%	25.4%	31.3%	47.6%	-12.5%	0.0%	21.6K	-108.2K	-3.0K	0.33	92.49	12	4	6,657	1,838
2024-06-21	$4.58	$5.00	42.5%	12.2%	24.6%	32.4%	48.5%	-12.7%	-17.0%	21.7K	-109.5K	-3.0K	0.50	90.59	40	20	6,669	1,838
2024-06-24	$4.54	$5.00	24.8%	7.1%	22.3%	6.7%	0.0%	119.2%	13.3%	14.9K	83.0K	-2.3K	0.03	60.18	101	3	6,282	1,810
2024-06-25	$4.44	$5.00	36.8%	10.6%	23.0%	24.1%	29.2%	117.8%	-15.9%	13.6K	153.9K	-2.0K	0.29	53.04	65	19	6,381	1,813
2024-06-26	$4.45	$5.00	40.7%	11.7%	22.7%	29.8%	45.8%	123.9%	-20.9%	15.9K	116.6K	-2.2K	0.09	55.57	45	4	6,424	1,828
2024-06-27	$4.36	$5.00	43.8%	12.6%	22.5%	34.3%	0.0%	2.9%	-26.7%	15.2K	117.4K	-2.2K	0.07	69.86	15	1	6,462	1,832
2024-06-28	$4.46	$5.00	45.8%	13.1%	23.3%	37.1%	43.7%	128.1%	-22.4%	16.6K	92.0K	-2.2K	0.36	71.62	11	4	6,457	1,832