BDN Options History — December 2024

In December 2024, BDN traded between $5.38 and $5.86. ATM implied volatility averaged 33.1%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded below realized volatility by 0.2% (HV 20d: 33.2%). Max pain ranged from $5.00 to $6.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 3.51.

Notable Days

  • 2024-12-27: Highest Volume — 1,043 contracts
  • 2024-12-18: Largest IV spike — 76.3% change
  • 2024-12-18: Highest IV Rank — 41.8%
  • 2024-12-18: Largest Expected Move — 14.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.59$5.38$5.86$5.66$5.60
Max Pain$5.14$5.00$6.00$6.00$5.00
ATM IV33.1%24.5%48.8%33.9%35.7%
Expected Move9.1%6.5%14.0%9.7%10.2%
HV 20d33.2%25.8%40.3%28.8%39.2%
HV 60d44.2%42.9%46.0%43.4%45.5%
IV Rank18.9%6.4%41.8%20.1%22.8%
IV Percentile34.0%6.0%83.3%37.3%48.8%
Term Structure11.8%-13.6%111.9%-4.2%13.5%
VWIV42.0%19.0%64.4%64.4%37.2%
Skew 25d16.6%-8.2%34.4%2.3%34.4%
Skew 10d55.2%-11.2%281.4%1.4%22.5%
Call IV 25d26.2%20.1%38.5%27.7%23.0%
Put IV 25d42.8%24.5%57.5%30.0%57.5%
Bid-Ask Spread %87.4651.51115.05114.3851.51
Gamma HHI0.570.450.850.630.45
Net GEX30.5K-1.9K91.7K41.1K5.5K
Net DEX-469.3K-982.7K-109.5K-535.6K-264.9K
Net VEX-4.8K-5.6K-4.1K-5.3K-5.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.510.0026.457.140.26
Total Volume110.8121,0435724
Total OI7,946.9526,9768,3657,9658,365

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$5.66$6.0033.9%9.7%28.8%20.1%64.4%2.3%-4.2%41.1K-535.6K-5.3K7.14114.387504,8793,086
2024-12-03$5.53$6.0035.6%10.2%30.1%22.7%0.0%-8.2%-6.5%27.2K-399.3K-5.3K20.00111.3961204,8783,136
2024-12-04$5.58$6.0025.3%7.3%29.9%7.6%0.0%1.7%6.8%31.3K-452.9K-5.2K0.00115.05304,8813,134
2024-12-05$5.58$5.0029.6%6.9%26.4%13.9%47.4%23.7%3.2%32.4K-509.2K-5.4K0.0084.02204,8823,134
2024-12-06$5.58$5.0033.8%6.5%25.8%20.0%23.3%17.8%12.4%29.3K-483.5K-4.8K5.0076.80154,8803,134
2024-12-09$5.75$5.0028.2%8.2%27.7%11.8%49.1%21.1%7.4%53.5K-713.6K-5.1K0.0090.956704,8803,139
2024-12-10$5.58$5.0036.2%7.6%29.9%23.5%51.7%27.6%11.1%33.6K-488.8K-5.1K0.0295.586314,9393,139
2024-12-11$5.70$5.0024.5%7.0%29.0%6.4%43.3%21.5%16.4%50.2K-635.6K-4.9K0.3087.9857174,9423,140
2024-12-12$5.64$5.0034.0%9.7%29.4%20.2%48.2%15.7%6.2%39.3K-610.6K-5.1K6.5089.142134,9593,151
2024-12-13$5.70$5.0025.1%7.2%29.3%7.4%19.0%22.1%18.9%50.2K-650.3K-4.9K0.0887.666654,9613,158
2024-12-16$5.86$5.0029.3%8.4%30.4%13.4%29.0%19.7%7.9%91.7K-982.7K-4.2K0.0585.963924,9953,163
2024-12-17$5.81$5.0027.7%7.9%30.7%11.0%0.0%-5.4%-8.5%81.3K-905.5K-4.1K0.0091.13065,0113,161
2024-12-18$5.41$5.0048.8%14.0%40.3%41.8%36.5%1.8%-13.6%18.8K-284.3K-4.5K0.00100.239905,0113,159
2024-12-19$5.38$5.0047.8%13.7%40.3%40.4%47.0%15.3%111.9%8.5K-184.9K-4.4K0.0684.133225,1003,139
2024-12-20$5.45$5.0046.0%13.2%37.8%37.8%0.0%17.6%-6.8%9.0K-258.9K-4.4K2.0892.71501045,1283,139
2024-12-23$5.38$5.0035.0%10.0%37.9%21.7%40.9%17.7%10.3%4.2K-109.5K-4.1K0.5469.5994513,8833,093
2024-12-24$5.61$5.0030.8%8.8%38.6%15.6%0.0%30.8%22.3%16.0K-412.8K-4.5K0.0175.3220623,9743,144
2024-12-26$5.61$5.0026.7%7.6%38.5%9.6%43.4%29.1%19.3%12.3K-473.7K-4.3K0.1582.3068104,1623,145
2024-12-27$5.52$5.0030.5%8.8%38.9%15.2%48.9%23.5%5.4%8.0K-334.8K-4.1K26.4586.20381,0054,1683,155
2024-12-30$5.52$5.0029.8%8.6%38.9%14.2%37.2%18.8%14.6%-1.9K-164.5K-5.2K1.5064.72464,2044,155
2024-12-31$5.60$5.0035.7%10.2%39.2%22.8%0.0%34.4%13.5%5.5K-264.9K-5.6K0.2651.511954,2044,161