BFIN Options History — March 2014

In March 2014, BFIN traded between $9.81 and $10.20. ATM implied volatility averaged 45.0%, placing in the 8.0% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 18.1% (HV 20d: 26.9%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-03-25: Highest Volume — 53 contracts
  • 2014-03-06: Largest IV spike — 99.8% change
  • 2014-03-06: Highest IV Rank — 32.0%
  • 2014-03-06: Largest Expected Move — 22.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.97$9.81$10.20$9.81$9.98
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV45.0%22.5%89.3%28.7%25.0%
Expected Move11.4%6.4%22.4%8.2%7.2%
HV 20d26.9%23.5%29.5%24.6%23.5%
HV 60d24.8%22.8%27.3%26.1%22.8%
IV Rank8.0%0.0%32.0%0.0%1.6%
IV Percentile18.3%0.0%75.9%0.0%0.4%
Term Structure-4.2%-26.1%15.0%15.0%1.7%
VWIV26.8%25.1%28.6%28.6%25.1%
Skew 25d13.4%3.4%49.0%31.9%5.3%
Skew 10d19.9%5.4%76.5%19.8%12.8%
Call IV 25d36.9%26.2%53.6%32.4%36.4%
Put IV 25d50.3%30.4%93.2%64.3%41.8%
Bid-Ask Spread %119.9886.64154.24124.4495.50
Gamma HHI1.001.001.001.001.00
Net GEX2.2K07.5K03.3K
Net DEX-17.1K-26.5K00-26.5K
Net VEX-24-5400-48
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume4.42905300
Total OI34.857053053

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-03-03$9.81$0.0028.7%8.2%24.6%0.0%0.0%31.9%15.0%0000.00124.44N/AN/A0000
2014-03-04$10.20$0.0036.8%10.6%26.7%5.3%28.6%44.7%5.5%0000.00128.15N/AN/A40000
2014-03-05$10.05$10.0039.1%11.2%27.5%6.7%0.0%7.3%-7.4%1.9K-21.5K-340.00134.16N/AN/A00400
2014-03-06$10.01$10.0078.1%22.4%26.8%32.0%0.0%49.0%-26.1%978-21.3K-330.00154.24N/AN/A00400
2014-03-07$10.15$0.0070.6%15.1%27.1%15.6%0.0%7.3%-12.8%1.1K-23.1K-320.00152.17N/AN/A00400
2014-03-10$10.12$0.0086.1%16.3%27.2%18.1%0.0%7.6%-15.1%1.0K-22.7K-290.00153.19N/AN/A00400
2014-03-11$9.83$0.0089.3%16.7%29.5%19.1%0.0%3.7%-19.3%1.0K-19.1K-270.00152.87N/AN/A00400
2014-03-12$9.99$0.0089.3%16.5%28.7%18.7%0.0%6.9%-15.1%1.1K-21.1K-260.00153.70N/AN/A00400
2014-03-13$9.86$0.0057.7%16.5%29.2%18.8%0.0%5.1%-16.7%1.1K-19.3K-250.00152.91N/AN/A00400
2014-03-14$9.89$0.0058.4%16.7%28.9%19.2%0.0%5.6%-17.0%1.1K-19.7K-230.00153.70N/AN/A00400
2014-03-17$10.03$0.0031.2%9.0%29.3%1.7%0.0%5.0%1.1%2.3K-21.3K-190.00134.40N/AN/A00400
2014-03-18$10.11$0.0031.3%9.0%28.8%1.7%0.0%24.9%1.0%4.2K-25.2K-160.0092.89N/AN/A00400
2014-03-19$9.90$0.0032.2%9.2%28.4%2.3%0.0%4.9%-0.6%4.5K-15.5K-140.0093.12N/AN/A00400
2014-03-20$9.92$0.0031.7%9.1%26.8%1.9%0.0%3.4%-0.6%5.5K-15.6K-110.0091.85N/AN/A00400
2014-03-21$9.90$0.0031.0%8.9%25.8%1.5%0.0%3.4%0.2%7.5K-11.6K-70.0094.34N/AN/A00400
2014-03-24$9.88$0.0030.3%8.7%25.7%1.1%0.0%5.9%0.7%0000.0096.49N/AN/A0000
2014-03-25$10.00$0.0025.1%7.2%25.3%0.0%25.1%34.0%4.6%0000.0086.64N/AN/A53000
2014-03-26$9.92$10.0025.4%7.3%25.2%0.2%0.0%7.8%3.6%3.2K-26.3K-540.0086.88N/AN/A00530
2014-03-27$9.92$10.0022.5%6.4%25.0%0.0%0.0%10.1%6.5%3.6K-24.0K-520.0096.89N/AN/A00530
2014-03-28$9.96$10.0025.4%7.3%24.4%1.8%0.0%7.2%1.9%3.4K-26.1K-520.0091.00N/AN/A00530
2014-03-31$9.98$10.0025.0%7.2%23.5%1.6%0.0%5.3%1.7%3.3K-26.5K-480.0095.50N/AN/A00530