BDN Options History — April 2026

In April 2026, BDN traded between $2.58 and $2.98. ATM implied volatility averaged 178.6%, placing in the 55.4% IV rank vs the trailing year. The 30-day expected move averaged 45.5%. IV traded above realized volatility by 138.1% (HV 20d: 40.5%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 0 of 14 trading days. Term structure was in contango for 6 of 14 days. Put/call ratio averaged 2.55.

Notable Days

2026-04-07: Highest Volume — 384 contracts
2026-04-21: Largest IV spike — 429.3% change
2026-04-08: Highest IV Rank — 100.0%
2026-04-21: Largest Expected Move — 142.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.74	$2.58	$2.98	$2.66	$2.96
Max Pain	$3.29	$3.00	$4.00	$4.00	$3.00
ATM IV	178.6%	21.4%	498.6%	104.5%	498.6%
Expected Move	45.5%	6.1%	142.9%	30.0%	142.9%
HV 20d	40.5%	38.8%	43.7%	38.8%	41.3%
HV 60d	45.1%	44.3%	45.6%	45.5%	45.0%
IV Rank	55.4%	7.7%	100.0%	59.2%	100.0%
IV Percentile	87.6%	2.0%	100.0%	92.1%	100.0%
Term Structure	-91.6%	-436.4%	153.2%	153.2%	-436.4%
VWIV	62.9%	43.5%	112.6%	112.6%	81.3%
Skew 25d	-6.5%	-44.9%	24.4%	-1.1%	24.4%
Skew 10d	-30.4%	-131.5%	41.3%	11.8%	41.3%
Call IV 25d	74.9%	48.3%	107.8%	65.2%	48.3%
Put IV 25d	68.4%	61.1%	75.0%	64.1%	72.7%
Bid-Ask Spread %	70.96	40.65	97.63	40.65	63.12
Gamma HHI	0.53	0.37	0.73	0.67	0.49
Net GEX	-6.1K	-8.1K	-3.7K	-7.4K	-5.4K
Net DEX	1.6M	855.1K	2.2M	2.2M	924.0K
Net VEX	-6.2K	-7.0K	-5.7K	-5.8K	-6.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.55	0.00	14.67	1.81	3.66
Total Volume	78.857	10	384	87	135
Total OI	19,163.5	14,041	21,055	21,055	14,095

Daily Data (14 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
2026-04-01	$2.66	$4.00	104.5%	30.0%	38.8%	59.2%	112.6%	-1.1%	153.2%	-7.4K	2.2M	-5.8K	1.81	40.65	31	56	9,098	11,957
2026-04-02	$2.58	$4.00	21.4%	6.1%	39.5%	7.7%	79.2%	-44.9%	-122.7%	-7.1K	2.1M	-5.8K	14.67	90.09	3	44	9,072	11,933
2026-04-06	$2.63	$4.00	71.0%	20.4%	40.5%	38.5%	0.0%	-2.9%	-101.7%	-8.0K	1.9M	-5.7K	2.33	76.79	3	7	9,074	10,874
2026-04-07	$2.65	$4.00	130.0%	37.3%	40.5%	75.0%	43.5%	-3.0%	12.7%	-8.1K	1.8M	-6.1K	4.12	63.30	75	309	9,074	10,773
2026-04-08	$2.65	$3.00	206.7%	59.3%	40.4%	100.0%	64.3%	-40.5%	-187.9%	-8.1K	1.6M	-5.9K	0.04	91.68	111	4	9,146	10,849
2026-04-09	$2.65	$3.00	340.8%	97.7%	40.4%	100.0%	0.0%	-25.8%	-282.6%	-8.1K	1.8M	-6.1K	0.00	61.74	21	0	9,201	10,851
2026-04-10	$2.65	$3.00	139.9%	16.5%	40.4%	39.5%	57.4%	-1.8%	2.7%	-4.3K	1.7M	-6.0K	2.65	56.84	20	53	9,208	10,851
2026-04-13	$2.67	$3.00	106.4%	15.5%	39.6%	29.4%	0.0%	9.7%	6.0%	-3.7K	1.8M	-5.9K	4.73	75.73	11	52	9,214	10,852
2026-04-14	$2.75	$3.00	107.4%	15.3%	41.3%	29.7%	53.3%	-18.4%	-3.6%	-5.0K	1.5M	-6.3K	0.68	72.93	22	15	9,221	10,302
2026-04-15	$2.79	$3.00	94.7%	13.4%	40.0%	25.9%	46.7%	-2.5%	12.7%	-5.1K	1.2M	-6.8K	0.00	58.42	18	0	9,228	10,293
2026-04-16	$2.81	$3.00	389.8%	111.8%	39.4%	100.0%	53.5%	-28.3%	-216.6%	-5.3K	1.5M	-6.7K	0.56	97.63	16	9	9,236	10,293
2026-04-17	$2.96	$3.00	195.5%	56.0%	43.7%	49.0%	50.2%	21.3%	-155.2%	-4.5K	1.5M	-6.7K	0.43	89.41	14	6	9,251	10,302
2026-04-20	$2.98	$3.00	94.2%	14.4%	41.2%	22.4%	50.1%	22.9%	37.5%	-5.0K	855.1K	-7.0K	0.01	55.07	68	1	5,609	8,432
2026-04-21	$2.96	$3.00	498.6%	142.9%	41.3%	100.0%	81.3%	24.4%	-436.4%	-5.4K	924.0K	-6.6K	3.66	63.12	29	106	5,662	8,433