BDN Options History — June 2025

In June 2025, BDN traded between $4.16 and $4.59. ATM implied volatility averaged 29.9%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 3.0% (HV 20d: 26.9%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 1.07.

Notable Days

  • 2025-06-26: Highest Volume — 838 contracts
  • 2025-06-10: Largest IV spike — 65.7% change
  • 2025-06-10: Highest IV Rank — 61.5%
  • 2025-06-17: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.38$4.16$4.59$4.16$4.26
Max Pain$4.85$4.00$5.00$4.00$5.00
ATM IV29.9%19.5%63.6%32.4%24.5%
Expected Move7.4%5.6%9.4%9.3%7.0%
HV 20d26.9%22.8%28.0%22.8%27.7%
HV 60d42.1%41.2%42.4%41.2%42.2%
IV Rank13.7%0.0%61.5%15.1%7.1%
IV Percentile23.1%0.0%96.0%37.3%6.3%
Term Structure15.0%-5.6%180.1%-5.6%-5.0%
VWIV71.6%19.7%387.7%30.4%289.2%
Skew 25d42.6%-99.0%263.7%11.1%-72.9%
Skew 10d123.9%-85.8%398.4%77.3%-20.5%
Call IV 25d105.1%21.8%232.4%38.3%125.6%
Put IV 25d147.6%23.1%370.3%49.3%52.6%
Bid-Ask Spread %92.2281.33107.1987.74104.48
Gamma HHI0.810.720.840.720.83
Net GEX41.1K25.7K53.0K25.7K53.0K
Net DEX399.5K82.4K756.3K756.3K629.5K
Net VEX-9.7K-11.1K-7.8K-8.2K-9.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.070.009.000.100.02
Total Volume270.20838148650
Total OI15,717.4514,75618,41414,75618,414

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-06-02$4.16$4.0032.4%9.3%22.8%15.1%0.0%11.1%-5.6%25.7K756.3K-8.2K0.1087.741351310,2604,496
2025-06-03$4.36$4.0027.4%7.9%28.0%7.7%30.4%-4.0%-5.0%36.2K397.6K-9.6K1.5089.43142110,3854,500
2025-06-04$4.33$4.0025.3%7.2%27.3%4.5%26.5%-3.6%1.3%30.5K327.0K-10.2K0.00102.11208110,3844,510
2025-06-05$4.36$5.0033.7%8.8%27.2%17.0%37.0%15.5%16.9%31.9K286.1K-10.4K0.1588.501602410,5864,510
2025-06-06$4.47$5.0052.9%7.8%27.5%45.6%25.9%243.6%12.5%40.6K303.7K-10.2K0.4785.53452110,5944,503
2025-06-09$4.51$5.0038.4%6.3%27.1%24.0%27.9%249.5%18.0%39.2K115.5K-10.8K3.3897.29217110,6024,502
2025-06-10$4.55$5.0063.6%6.7%27.1%61.5%0.0%262.6%18.8%38.6K115.0K-11.1K0.0087.3350010,6034,583
2025-06-11$4.51$5.0022.5%6.5%27.5%0.4%0.0%243.6%17.2%40.0K148.7K-10.8K0.0186.46118110,6134,583
2025-06-12$4.59$5.0019.5%5.6%26.9%0.0%20.5%263.7%16.7%47.2K82.4K-10.9K0.0481.332511010,7224,583
2025-06-13$4.49$5.0026.2%7.5%27.0%9.6%29.3%254.3%10.7%42.9K213.8K-10.5K9.0086.6143610,9174,583
2025-06-16$4.51$5.0024.1%6.9%27.0%6.5%0.0%-84.0%13.6%43.8K150.4K-10.6K0.0097.650010,9154,597
2025-06-17$4.42$5.0032.9%9.4%28.0%19.1%0.0%-95.4%5.3%41.5K318.6K-9.9K0.0087.683010,9154,597
2025-06-18$4.41$5.0027.3%7.8%26.6%11.1%30.0%-99.0%180.1%43.7K394.3K-9.5K3.3397.3831010,9184,596
2025-06-20$4.39$5.0029.0%8.3%26.1%13.5%29.7%1.5%12.4%42.9K536.1K-8.7K0.0185.86647510,9084,606
2025-06-23$4.33$5.0025.9%7.4%26.0%9.1%35.0%-72.8%1.4%46.5K477.8K-9.0K0.9196.6115013611,3484,468
2025-06-24$4.29$5.0024.0%6.9%26.2%6.4%33.2%-13.9%-3.6%44.6K705.2K-7.8K0.0289.727561811,3484,498
2025-06-25$4.17$5.0023.5%6.7%27.2%5.7%387.7%-80.8%2.5%42.4K684.6K-8.1K1.2887.7911014112,1054,511
2025-06-26$4.22$5.0023.2%6.7%27.5%5.3%52.7%-91.3%-4.7%43.7K672.9K-8.7K0.1997.7570613212,2164,662
2025-06-27$4.26$5.0022.7%6.5%27.7%4.5%19.7%-75.9%-3.6%47.4K674.5K-9.1K0.01107.19726712,9184,790
2025-06-30$4.26$5.0024.5%7.0%27.7%7.1%289.2%-72.9%-5.0%53.0K629.5K-9.6K0.02104.486401013,6184,796