BFIN Options History — December 2014

In December 2014, BFIN traded between $11.18 and $11.92. ATM implied volatility averaged 33.1%, placing in the 9.0% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 13.8% (HV 20d: 19.3%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.11.

Notable Days

2014-12-29: Highest Volume — 60 contracts
2014-12-11: Largest IV drop — 37.5% change
2014-12-01: Highest IV Rank — 18.1%
2014-12-22: Largest Expected Move — 12.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$11.59	$11.18	$11.92	$11.24	$11.86
Max Pain	$12.50	$12.50	$12.50	$12.50	$12.50
ATM IV	33.1%	24.4%	44.7%	44.7%	24.4%
Expected Move	6.7%	5.5%	12.6%	7.1%	5.5%
HV 20d	19.3%	14.0%	23.1%	17.2%	20.6%
HV 60d	22.2%	21.2%	22.9%	22.3%	22.2%
IV Rank	9.0%	5.5%	18.1%	18.1%	5.5%
IV Percentile	50.0%	19.8%	81.3%	81.3%	21.4%
Term Structure	-6.3%	-16.5%	15.5%	-13.1%	-6.6%
VWIV	21.7%	19.4%	24.5%	24.0%	24.1%
Skew 25d	3.9%	0.7%	5.5%	1.4%	5.3%
Skew 10d	2.0%	-1.5%	14.3%	-1.5%	1.0%
Call IV 25d	32.9%	20.3%	52.6%	39.9%	20.3%
Put IV 25d	36.8%	25.7%	56.2%	41.3%	25.7%
Bid-Ask Spread %	121.68	110.78	141.00	125.48	110.78
Gamma HHI	0.89	0.74	1.00	0.74	1.00
Net GEX	2.7K	1.2K	3.3K	2.6K	1.2K
Net DEX	-39.5K	-59.0K	-239	-42.1K	-239
Net VEX	-174	-236	-134	-162	-231
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.11	0.00	2.00	0.00	2.00
Total Volume	19.773	0	60	22	0
Total OI	102.182	85	125	106	125

Daily Data (22 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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2014-12-01	$11.24	$12.50	44.7%	7.1%	17.2%	18.1%	24.0%	1.4%	-13.1%	2.6K	-42.1K	-162	0.00	125.48	N/A	N/A	22	0	106	0
2014-12-02	$11.30	$12.50	37.2%	6.2%	14.2%	13.4%	20.4%	4.3%	-11.6%	2.7K	-42.0K	-160	0.00	121.06	N/A	N/A	22	0	106	0
2014-12-03	$11.32	$12.50	39.9%	6.1%	14.0%	15.1%	20.3%	4.6%	-12.2%	2.7K	-42.5K	-160	0.00	122.47	N/A	N/A	22	0	106	0
2014-12-04	$11.19	$12.50	44.5%	6.8%	14.3%	17.9%	0.0%	0.7%	-16.5%	2.6K	-38.9K	-146	0.00	121.69	N/A	N/A	0	0	106	0
2014-12-05	$11.34	$12.50	38.0%	6.2%	14.5%	5.5%	21.5%	2.9%	-4.9%	2.7K	-43.8K	-170	0.00	121.34	N/A	N/A	22	0	106	0
2014-12-08	$11.35	$12.50	42.7%	5.5%	14.5%	6.1%	19.5%	0.0%	-5.8%	2.8K	-40.6K	-141	0.00	116.19	N/A	N/A	22	0	106	0
2014-12-09	$11.63	$12.50	44.6%	6.6%	17.3%	7.2%	19.4%	0.0%	-4.6%	2.7K	-55.0K	-188	0.00	119.49	N/A	N/A	22	0	106	0
2014-12-10	$11.46	$12.50	42.7%	6.1%	18.0%	5.8%	23.1%	0.0%	-5.2%	2.8K	-46.6K	-164	0.00	121.28	N/A	N/A	22	0	106	0
2014-12-11	$11.40	$12.50	26.7%	6.1%	18.0%	6.9%	22.7%	0.0%	-6.8%	2.8K	-44.7K	-163	0.00	122.34	N/A	N/A	22	0	106	0
2014-12-12	$11.20	$12.50	34.0%	7.2%	18.8%	11.5%	24.5%	0.0%	-9.5%	2.6K	-39.8K	-138	0.00	122.65	N/A	N/A	22	0	106	0
2014-12-15	$11.18	$12.50	32.3%	6.8%	17.5%	10.4%	21.6%	0.0%	-7.7%	2.5K	-37.9K	-134	0.00	122.69	N/A	N/A	22	0	106	0
2014-12-16	$11.62	$12.50	28.1%	6.3%	22.5%	7.8%	20.2%	0.0%	-6.5%	3.0K	-50.7K	-170	0.00	119.31	N/A	N/A	22	0	106	0
2014-12-17	$11.77	$12.50	26.4%	6.1%	22.8%	6.8%	21.2%	0.0%	-5.7%	3.2K	-54.9K	-180	0.00	122.62	N/A	N/A	22	0	106	0
2014-12-18	$11.87	$12.50	26.3%	6.4%	23.0%	6.7%	21.4%	0.0%	-4.4%	3.2K	-59.0K	-188	0.00	126.94	N/A	N/A	31	0	106	0
2014-12-19	$11.89	$12.50	27.8%	6.5%	22.8%	7.6%	0.0%	0.0%	-5.7%	3.1K	-40.4K	-187	0.00	121.26	N/A	N/A	0	0	89	0
2014-12-22	$11.80	$0.00	27.9%	12.6%	23.0%	7.7%	0.0%	3.6%	15.5%	2.9K	-41.8K	-192	0.00	141.00	N/A	N/A	20	0	85	0
2014-12-23	$11.86	$0.00	28.7%	6.7%	23.0%	8.2%	0.0%	4.6%	-5.6%	3.1K	-39.1K	-188	0.00	121.79	N/A	N/A	20	0	85	0
2014-12-24	$11.92	$0.00	28.5%	6.8%	23.1%	8.0%	0.0%	5.3%	-5.6%	3.3K	-35.5K	-182	0.00	121.46	N/A	N/A	20	0	85	0
2014-12-26	$11.90	$0.00	27.5%	6.5%	22.6%	7.4%	0.0%	4.6%	-4.4%	3.3K	-35.0K	-179	0.00	121.16	N/A	N/A	20	0	85	0
2014-12-29	$11.89	$0.00	29.5%	6.9%	21.3%	8.7%	24.1%	3.7%	-5.9%	3.0K	-36.6K	-176	2.00	122.01	N/A	N/A	20	40	85	0
2014-12-30	$11.90	$12.50	25.4%	5.5%	20.5%	6.1%	0.0%	5.5%	-5.8%	1.3K	-1.3K	-236	0.00	111.93	N/A	N/A	0	0	85	40
2014-12-31	$11.86	$12.50	24.4%	5.5%	20.6%	5.5%	0.0%	5.3%	-6.6%	1.2K	-239	-231	0.00	110.78	N/A	N/A	0	0	85	40