BDN Options History — August 2024

In August 2024, BDN traded between $4.70 and $5.29. ATM implied volatility averaged 42.2%, placing in the 32.0% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 3.9% (HV 20d: 38.4%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 15.36.

Notable Days

  • 2024-08-02: Highest Volume — 905 contracts
  • 2024-08-14: Largest IV drop — 64.8% change
  • 2024-08-12: Highest IV Rank — 89.6%
  • 2024-08-07: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.04$4.70$5.29$5.00$5.24
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV42.2%22.9%82.2%46.7%28.8%
Expected Move9.3%6.6%14.3%13.4%8.2%
HV 20d38.4%34.9%43.5%37.8%34.9%
HV 60d33.0%31.1%34.3%31.1%33.0%
IV Rank32.0%4.1%89.6%38.4%12.5%
IV Percentile47.0%2.0%98.8%74.6%17.1%
Term Structure5.9%-17.2%17.4%2.5%-2.8%
VWIV35.2%26.2%77.0%77.0%26.3%
Skew 25d18.3%-1.6%62.7%19.8%-0.4%
Skew 10d55.2%9.1%194.5%27.4%67.8%
Call IV 25d28.5%23.0%46.6%39.9%27.4%
Put IV 25d46.8%21.4%91.6%59.7%27.0%
Bid-Ask Spread %108.2675.33148.15103.2780.39
Gamma HHI0.560.410.790.740.68
Net GEX11.4K3.3K27.0K15.7K19.8K
Net DEX-298.6K-681.9K132.6K-353.7K-681.9K
Net VEX-3.5K-4.0K-2.8K-3.6K-2.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio15.360.00300.671.6323.00
Total Volume100.04539052124
Total OI5,932.0915,1836,2505,1836,005

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$5.00$5.0046.7%13.4%37.8%38.4%77.0%19.8%2.5%15.7K-353.7K-3.6K1.63103.278133,4001,783
2024-08-02$4.91$5.0045.0%12.9%37.2%36.0%39.8%14.6%-17.2%16.0K-246.8K-3.6K300.67112.3539023,4031,786
2024-08-05$4.70$5.0072.2%14.2%41.1%75.2%45.6%34.1%-2.0%6.2K-60.7K-4.0K0.95133.4055523,4062,636
2024-08-06$4.87$5.0064.8%9.8%42.4%64.6%0.0%21.9%17.4%4.9K-42.8K-3.8K2.00148.155103,3562,655
2024-08-07$4.75$5.0055.0%14.3%43.5%50.4%33.5%21.7%7.3%6.6K17.3K-3.9K1.67132.186103,3572,655
2024-08-08$4.78$5.0060.7%9.7%36.7%58.6%0.0%62.7%7.1%5.0K84.5K-3.6K0.77128.6513103,3622,664
2024-08-09$4.76$5.0067.3%8.2%36.5%68.2%29.1%10.0%11.3%3.3K96.4K-3.5K1.33125.1115203,3642,664
2024-08-12$4.74$5.0082.2%7.6%36.3%89.6%0.0%59.4%11.0%5.7K132.6K-3.4K0.90122.2552473,3892,654
2024-08-13$5.03$5.0068.7%9.5%41.9%70.1%33.0%20.9%2.7%10.9K-239.6K-3.7K1.05124.081141203,4062,697
2024-08-14$5.03$5.0024.1%6.9%41.8%5.9%26.6%9.4%10.6%16.1K-252.5K-3.6K0.63124.12853,5032,692
2024-08-15$5.08$5.0022.9%6.6%40.4%4.1%26.2%2.8%13.0%13.2K-368.9K-3.7K0.21130.2647103,5082,697
2024-08-16$5.05$5.0034.2%9.8%40.2%20.4%34.0%6.2%4.3%27.0K-345.9K-3.6K0.05102.27230123,5432,707
2024-08-19$5.16$5.0028.4%8.2%39.7%12.0%28.4%11.1%3.5%12.1K-401.9K-3.4K0.3095.7582253,2152,563
2024-08-20$5.12$5.0032.1%9.2%39.3%17.4%32.2%32.5%3.9%8.2K-362.4K-3.7K1.2786.9011143,2842,585
2024-08-21$5.16$5.0023.9%6.9%38.0%5.5%0.0%15.8%13.9%7.7K-392.4K-3.7K0.6393.4756353,2882,599
2024-08-22$5.12$5.0024.2%6.9%36.3%6.0%0.0%23.3%5.9%11.7K-356.6K-3.5K0.0095.51303,3092,584
2024-08-23$5.29$5.0023.9%6.8%36.2%5.5%26.3%-1.6%12.0%11.9K-575.8K-3.4K0.0390.037723,3062,584
2024-08-26$5.28$5.0032.7%9.4%36.0%18.3%34.9%10.5%11.2%11.7K-554.3K-3.4K0.1490.602943,3592,585
2024-08-27$5.29$5.0033.4%9.6%36.0%19.2%0.0%11.4%6.0%12.9K-605.5K-3.3K0.33101.3933113,3882,588
2024-08-28$5.25$5.0027.3%7.8%36.1%10.4%0.0%0.5%8.1%13.0K-571.6K-3.2K0.0075.332003,3932,587
2024-08-29$5.21$5.0030.7%8.8%35.7%15.4%0.0%15.4%-0.9%11.7K-485.7K-3.5K0.3386.20623,4102,587
2024-08-30$5.24$5.0028.8%8.2%34.9%12.5%26.3%-0.4%-2.8%19.8K-681.9K-2.8K23.0080.391233,4162,589