BFIN Options History — February 2015

In February 2015, BFIN traded between $11.38 and $11.98. ATM implied volatility averaged 25.2%, placing in the 4.5% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded below realized volatility by 2.8% (HV 20d: 28.0%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 1.38.

Notable Days

2015-02-03: Highest Volume — 60 contracts
2015-02-11: Largest IV drop — 35.6% change
2015-02-04: Highest IV Rank — 8.8%
2015-02-04: Largest Expected Move — 8.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$11.80	$11.38	$11.98	$11.63	$11.93
Max Pain	$12.50	$12.50	$12.50	$12.50	$12.50
ATM IV	25.2%	21.2%	38.7%	21.3%	23.7%
Expected Move	6.5%	5.8%	8.5%	6.1%	6.8%
HV 20d	28.0%	25.2%	30.4%	30.4%	25.2%
HV 60d	24.6%	22.7%	25.4%	22.7%	24.6%
IV Rank	4.5%	2.9%	8.8%	3.6%	5.1%
IV Percentile	16.5%	3.2%	71.0%	4.8%	23.8%
Term Structure	1.4%	-8.8%	5.4%	4.4%	1.0%
VWIV	23.0%	20.0%	28.1%	26.0%	23.0%
Skew 25d	10.9%	5.2%	17.4%	6.4%	17.4%
Skew 10d	10.9%	7.2%	15.6%	9.8%	15.6%
Call IV 25d	34.2%	19.3%	44.4%	19.3%	44.4%
Put IV 25d	45.1%	25.7%	61.8%	25.7%	61.8%
Bid-Ask Spread %	112.55	87.02	116.66	87.02	115.31
Gamma HHI	1.00	1.00	1.00	1.00	1.00
Net GEX	3.0K	1.4K	5.4K	2.1K	5.2K
Net DEX	7.1K	-27.2K	30.5K	26.5K	-22.2K
Net VEX	-96	-125	-69	-108	-69
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.38	0.00	2.00	2.00	0.00
Total Volume	40	0	60	0	20
Total OI	112.895	85	125	125	85

Daily Data (19 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
2015-02-02	$11.63	$12.50	21.3%	6.1%	30.4%	3.6%	0.0%	6.4%	4.4%	2.1K	26.5K	-108	0.00	87.02	N/A	N/A	0	0	85	40
2015-02-03	$11.79	$12.50	26.0%	7.5%	30.3%	6.5%	26.0%	0.0%	-5.0%	2.0K	17.9K	-125	2.00	112.26	N/A	N/A	20	40	85	40
2015-02-04	$11.54	$12.50	29.7%	8.5%	28.7%	8.8%	28.1%	5.2%	-8.8%	1.6K	24.5K	-100	2.00	113.06	N/A	N/A	20	40	85	40
2015-02-05	$11.69	$12.50	28.0%	5.8%	28.1%	2.9%	21.0%	0.0%	4.4%	1.9K	22.3K	-110	2.00	113.31	N/A	N/A	20	40	85	40
2015-02-06	$11.79	$12.50	30.2%	6.0%	25.8%	3.4%	20.0%	14.4%	5.4%	2.0K	17.7K	-122	2.00	113.31	N/A	N/A	20	40	85	40
2015-02-09	$11.38	$12.50	38.7%	6.2%	28.4%	3.8%	23.8%	0.0%	1.3%	1.4K	30.5K	-72	2.00	112.80	N/A	N/A	20	40	85	40
2015-02-10	$11.77	$12.50	33.7%	6.0%	29.8%	3.4%	21.3%	0.0%	4.0%	2.0K	20.3K	-109	2.00	112.99	N/A	N/A	20	40	85	40
2015-02-11	$11.69	$12.50	21.7%	6.2%	29.9%	3.9%	22.6%	11.3%	3.0%	1.9K	22.6K	-99	2.00	113.71	N/A	N/A	20	40	85	40
2015-02-12	$11.79	$12.50	21.7%	6.2%	29.9%	3.8%	21.7%	0.0%	4.0%	2.1K	19.2K	-107	2.00	113.18	N/A	N/A	20	40	85	40
2015-02-13	$11.77	$12.50	21.2%	6.1%	29.5%	3.5%	21.7%	17.4%	4.0%	2.1K	19.7K	-105	2.00	113.78	N/A	N/A	20	40	85	40
2015-02-17	$11.75	$12.50	21.3%	6.1%	29.3%	3.6%	23.3%	0.0%	2.1%	2.1K	22.0K	-86	2.00	113.00	N/A	N/A	20	40	85	40
2015-02-18	$11.93	$12.50	21.8%	6.2%	29.0%	3.9%	21.2%	0.0%	4.3%	2.4K	14.1K	-99	2.00	112.36	N/A	N/A	20	40	85	40
2015-02-19	$11.92	$12.50	23.1%	6.6%	29.0%	4.7%	0.0%	0.0%	2.2%	2.3K	13.6K	-95	0.00	116.66	N/A	N/A	0	0	85	40
2015-02-20	$11.97	$12.50	21.7%	6.2%	26.4%	3.9%	0.0%	0.0%	1.2%	5.2K	-13.8K	-93	0.00	115.05	N/A	N/A	0	0	85	10
2015-02-23	$11.98	$12.50	24.1%	6.9%	25.5%	5.3%	22.4%	0.0%	3.8%	5.2K	-27.2K	-88	0.00	116.26	N/A	N/A	20	0	85	0
2015-02-24	$11.92	$12.50	23.2%	6.7%	25.6%	4.8%	23.8%	0.0%	-0.5%	5.0K	-23.3K	-80	0.00	115.38	N/A	N/A	20	0	85	0
2015-02-25	$11.95	$12.50	23.9%	6.8%	25.3%	5.2%	23.9%	0.0%	-3.5%	5.2K	-24.6K	-79	0.00	115.31	N/A	N/A	20	0	85	0
2015-02-26	$11.98	$12.50	23.4%	6.7%	25.3%	4.9%	23.9%	0.0%	-0.8%	5.4K	-24.9K	-77	0.00	113.71	N/A	N/A	20	0	85	0
2015-02-27	$11.93	$12.50	23.7%	6.8%	25.2%	5.1%	23.0%	0.0%	1.0%	5.2K	-22.2K	-69	0.00	115.31	N/A	N/A	20	0	85	0