BFIN Options History — February 2016

In February 2016, BFIN traded between $11.57 and $12.31. ATM implied volatility averaged 37.4%, placing in the 9.1% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 14.4% (HV 20d: 23.0%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2016-02-01: Highest Volume — 10 contracts
2016-02-23: Largest IV spike — 27.0% change
2016-02-23: Highest IV Rank — 13.9%
2016-02-23: Largest Expected Move — 12.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$12.04	$11.57	$12.31	$12.18	$12.05
Max Pain	$12.50	$12.50	$12.50	$12.50	$12.50
ATM IV	37.4%	32.9%	46.5%	34.8%	35.9%
Expected Move	10.4%	9.4%	12.9%	10.0%	10.3%
HV 20d	23.0%	21.0%	25.9%	25.4%	23.1%
HV 60d	20.2%	19.5%	22.3%	19.6%	22.3%
IV Rank	9.1%	7.2%	13.9%	8.3%	8.9%
IV Percentile	64.5%	58.9%	68.2%	66.5%	62.7%
Term Structure	-7.9%	-12.9%	-2.2%	-2.2%	-8.0%
VWIV	36.6%	32.5%	44.1%	34.5%	36.9%
Skew 25d	5.0%	0.8%	11.1%	11.1%	8.4%
Skew 10d	3.8%	-0.8%	7.1%	5.8%	3.5%
Call IV 25d	40.5%	33.3%	48.2%	41.8%	43.7%
Put IV 25d	45.4%	37.6%	53.6%	52.9%	52.1%
Bid-Ask Spread %	113.18	96.46	129.43	129.43	127.92
Gamma HHI	1.00	1.00	1.00	1.00	1.00
Net GEX	448	373	586	446	554
Net DEX	-4.9K	-5.6K	-3.7K	-5.0K	-4.1K
Net VEX	-14	-17	-10	-17	-10
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	10	10	10	10	10
Total OI	10	10	10	10	10

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2016-02-01	$12.18	$0.00	34.8%	10.0%	25.4%	8.3%	0.0%	11.1%	-2.2%	446	-5.0K	-17	129.43	N/A	N/A	10	10
2016-02-02	$11.98	$0.00	37.7%	10.8%	25.9%	9.9%	0.0%	10.9%	-7.2%	412	-4.3K	-15	129.36	N/A	N/A	10	10
2016-02-03	$12.05	$0.00	37.8%	10.8%	25.2%	9.9%	0.0%	5.5%	-6.4%	440	-4.4K	-16	108.91	N/A	N/A	10	10
2016-02-04	$12.01	$12.50	37.6%	9.8%	25.2%	7.9%	34.5%	3.6%	-8.5%	404	-5.4K	-16	102.87	N/A	N/A	10	10
2016-02-05	$12.00	$12.50	39.1%	10.0%	24.5%	8.3%	35.8%	1.5%	-9.4%	390	-5.2K	-16	120.75	N/A	N/A	10	10
2016-02-08	$12.02	$12.50	42.7%	10.2%	23.6%	8.8%	36.7%	3.4%	-10.0%	399	-5.5K	-15	122.00	N/A	N/A	10	10
2016-02-09	$12.05	$12.50	46.5%	10.9%	23.1%	10.1%	39.8%	1.1%	-12.9%	373	-5.5K	-16	119.33	N/A	N/A	10	10
2016-02-10	$11.98	$12.50	36.9%	10.6%	23.1%	9.4%	38.4%	1.5%	-11.2%	390	-5.5K	-15	118.20	N/A	N/A	10	10
2016-02-11	$11.95	$12.50	38.5%	11.0%	22.0%	10.3%	40.4%	0.8%	-12.1%	373	-5.3K	-15	117.38	N/A	N/A	10	10
2016-02-12	$12.02	$12.50	37.0%	10.6%	22.1%	9.5%	38.2%	3.2%	-10.8%	402	-5.3K	-15	102.92	N/A	N/A	10	10
2016-02-16	$12.25	$12.50	32.9%	9.4%	21.4%	7.2%	33.7%	3.7%	-7.0%	501	-5.4K	-14	110.05	N/A	N/A	10	10
2016-02-17	$12.19	$12.50	34.3%	9.8%	21.1%	8.0%	33.5%	5.2%	-6.8%	482	-5.1K	-14	109.37	N/A	N/A	10	10
2016-02-18	$12.07	$12.50	32.9%	9.4%	21.2%	7.2%	32.5%	6.8%	-5.7%	488	-4.5K	-13	108.27	N/A	N/A	10	10
2016-02-19	$12.05	$12.50	33.5%	9.6%	21.0%	7.5%	33.5%	6.6%	-6.6%	484	-4.4K	-13	108.65	N/A	N/A	10	10
2016-02-22	$12.00	$12.50	35.3%	10.1%	21.1%	8.6%	36.3%	6.2%	-8.6%	475	-4.2K	-12	109.17	N/A	N/A	10	10
2016-02-23	$11.57	$12.50	44.9%	12.9%	22.6%	13.9%	44.1%	2.3%	-5.3%	388	-4.3K	-12	96.46	N/A	N/A	10	10
2016-02-24	$11.89	$12.50	36.6%	10.5%	22.9%	9.2%	35.7%	7.8%	-7.5%	453	-3.7K	-11	107.12	N/A	N/A	10	10
2016-02-25	$12.11	$12.50	38.5%	11.0%	22.8%	10.3%	37.5%	5.8%	-6.6%	524	-5.6K	-12	103.70	N/A	N/A	10	10
2016-02-26	$12.31	$12.50	34.6%	9.9%	21.9%	8.2%	35.4%	3.9%	-4.7%	586	-5.5K	-12	111.84	N/A	N/A	10	10
2016-02-29	$12.05	$12.50	35.9%	10.3%	23.1%	8.9%	36.9%	8.4%	-8.0%	554	-4.1K	-10	127.92	N/A	N/A	10	10