BDN Options History — July 2024

In July 2024, BDN traded between $4.29 and $5.08. ATM implied volatility averaged 41.0%, placing in the 30.2% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 8.0% (HV 20d: 33.0%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 1.10.

Notable Days

  • 2024-07-02: Highest Volume — 535 contracts
  • 2024-07-03: Largest IV spike — 54.5% change
  • 2024-07-03: Highest IV Rank — 99.0%
  • 2024-07-03: Largest Expected Move — 25.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.68$4.29$5.08$4.38$5.08
Max Pain$4.45$4.00$5.00$5.00$5.00
ATM IV41.0%23.5%88.7%44.3%28.5%
Expected Move10.9%6.8%25.4%12.7%8.2%
HV 20d33.0%20.9%39.7%20.9%38.0%
HV 60d31.2%28.3%34.4%33.9%31.0%
IV Rank30.2%5.0%99.0%35.0%12.2%
IV Percentile47.4%2.8%99.6%67.1%15.1%
Term Structure5.2%-66.5%184.6%-16.2%17.4%
VWIV46.9%20.3%224.9%224.9%33.3%
Skew 25d16.8%0.6%143.9%2.1%15.8%
Skew 10d37.0%1.4%171.1%1.4%27.5%
Call IV 25d30.5%23.3%41.0%38.2%30.2%
Put IV 25d47.3%25.8%174.4%40.3%45.9%
Bid-Ask Spread %99.8553.37118.8953.3795.02
Gamma HHI0.830.710.940.890.73
Net GEX19.8K6.5K54.3K14.8K19.5K
Net DEX-82.7K-487.2K268.7K175.0K-487.2K
Net VEX-2.9K-3.8K-1.8K-1.8K-3.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.006.390.012.16
Total Volume149.5910535127155
Total OI7,101.8184,2588,7288,3015,055

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$4.38$5.0044.3%12.7%20.9%35.0%224.9%2.1%-16.2%14.8K175.0K-1.8K0.0153.3712616,4681,833
2024-07-02$4.50$5.0057.4%16.5%23.4%53.9%50.5%143.9%-30.8%18.8K7.4K-2.4K4.1971.401034326,4641,833
2024-07-03$4.42$5.0088.7%25.4%24.1%99.0%0.0%4.8%-66.5%17.0K151.1K-2.7K0.00107.55006,3282,205
2024-07-05$4.31$4.0058.5%9.6%25.4%55.4%0.0%0.6%-8.5%14.5K173.3K-2.2K0.47118.891576,3281,937
2024-07-08$4.36$4.0049.8%9.7%26.0%42.8%0.0%4.7%-2.3%12.6K227.2K-2.0K1.70118.0933566,3431,943
2024-07-09$4.33$4.0062.1%10.0%25.5%60.7%0.0%4.5%-9.6%13.9K229.3K-2.0K0.00117.830106,3741,998
2024-07-10$4.29$4.0031.1%8.9%25.6%15.8%0.0%1.4%2.0%6.5K268.7K-1.8K3.86113.927276,3741,947
2024-07-11$4.59$4.0023.5%6.8%35.1%5.0%26.0%5.4%15.1%27.6K-77.1K-3.0K0.3896.9787336,3811,963
2024-07-12$4.66$4.0031.6%9.1%34.9%16.6%32.2%3.8%2.8%33.2K-129.5K-3.0K0.00105.0910906,4521,992
2024-07-15$4.71$4.0035.2%10.1%34.9%21.8%31.4%5.0%3.9%39.7K-208.6K-3.1K0.07102.92369276,5551,997
2024-07-16$4.75$4.0033.2%9.5%34.9%19.0%0.0%7.0%6.3%44.8K-196.2K-3.0K0.0497.6812656,4591,998
2024-07-17$4.80$4.0031.4%9.0%34.9%16.4%36.0%7.8%-3.1%54.3K-289.9K-3.2K0.00110.0424916,5801,998
2024-07-18$4.67$4.0034.8%10.0%35.9%21.3%25.6%12.9%184.6%8.7K-4.7K-2.9K6.39108.02382436,6921,998
2024-07-19$4.62$4.0037.5%10.7%36.0%25.1%27.9%20.1%-13.4%7.5K28.1K-2.8K0.00109.752106,7202,008
2024-07-22$4.75$4.0031.2%8.9%37.2%16.0%20.3%21.6%18.0%9.8K-118.2K-3.0K0.2287.48277622,7351,523
2024-07-23$4.86$5.0036.9%10.6%37.7%24.3%36.4%15.4%-4.5%12.9K-139.6K-3.2K0.15100.93101152,9361,672
2024-07-24$4.74$5.0031.7%9.1%38.0%16.8%62.3%22.0%11.8%11.6K-142.9K-3.4K1.14103.0614163,0421,687
2024-07-25$4.91$5.0037.5%10.8%39.7%25.2%27.4%26.1%-0.2%17.8K-148.1K-3.3K0.05100.079953,0561,683
2024-07-26$5.08$5.0033.1%9.5%39.7%18.7%25.1%21.8%14.5%16.6K-368.3K-3.5K0.0189.2218613,0891,678
2024-07-29$5.04$5.0048.9%14.0%39.7%41.6%55.6%7.3%-11.7%13.8K-363.3K-3.6K0.0198.1820933,1931,680
2024-07-30$5.04$5.0035.8%10.3%38.7%22.7%35.8%15.4%3.6%20.3K-405.7K-3.6K1.0991.1211123,3601,683
2024-07-31$5.08$5.0028.5%8.2%38.0%12.2%33.3%15.8%17.4%19.5K-487.2K-3.8K2.1695.02491063,3711,684