BFIN Options History — March 2022

In March 2022, BFIN traded between $10.47 and $11.02. ATM implied volatility averaged 42.0%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 25.2% (HV 20d: 16.8%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 11.07.

Notable Days

2022-03-16: Highest Volume — 446 contracts
2022-03-02: Largest IV spike — 102.6% change
2022-03-18: Highest IV Rank — 37.2%
2022-03-30: Largest Expected Move — 14.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.83	$10.47	$11.02	$10.81	$10.47
Max Pain	$10.00	$10.00	$10.00	$10.00	$10.00
ATM IV	42.0%	21.7%	56.0%	22.5%	49.8%
Expected Move	11.3%	6.2%	14.9%	6.5%	11.0%
HV 20d	16.8%	14.1%	19.1%	15.6%	18.3%
HV 60d	17.6%	16.9%	18.2%	17.4%	18.2%
IV Rank	25.7%	6.6%	37.2%	6.6%	31.5%
IV Percentile	81.2%	17.5%	95.6%	17.5%	90.9%
Term Structure	-13.1%	-40.0%	7.8%	3.2%	-29.9%
VWIV	47.1%	21.3%	83.8%	24.2%	44.4%
Skew 25d	1.1%	-28.3%	33.7%	-16.8%	-17.4%
Skew 10d	26.1%	-30.5%	76.9%	-30.0%	15.1%
Call IV 25d	36.1%	22.5%	69.4%	49.2%	50.2%
Put IV 25d	37.2%	22.9%	64.5%	32.4%	32.8%
Bid-Ask Spread %	111.08	59.66	138.17	103.28	66.52
Gamma HHI	0.68	0.47	0.84	0.68	0.84
Net GEX	-613	-914	-289	-726	-749
Net DEX	4.8K	-2.7K	17.5K	-712	17.5K
Net VEX	-138	-221	-12	-141	-213
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	11.07	9.14	13.40	10.03	13.40
Total Volume	438.304	431	446	441	432
Total OI	166.478	162	171	170	162

Daily Data (23 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
2022-03-01	$10.81	$10.00	22.5%	6.5%	15.6%	6.6%	24.2%	-16.8%	3.2%	-726	-712	-141	10.03	103.28	N/A	N/A	40	401	40	130
2022-03-02	$10.92	$10.00	45.6%	13.1%	15.1%	26.4%	68.0%	-4.8%	-1.5%	-330	5.8K	-221	10.03	118.42	N/A	N/A	40	401	40	130
2022-03-03	$10.90	$10.00	31.2%	8.9%	15.1%	19.6%	38.7%	-4.6%	7.8%	-513	3.4K	-190	10.03	114.02	N/A	N/A	40	401	40	130
2022-03-04	$10.76	$10.00	21.7%	6.2%	15.7%	17.2%	21.3%	-15.6%	3.3%	-598	-404	-143	10.03	59.66	N/A	N/A	40	401	40	130
2022-03-07	$10.56	$10.00	25.0%	7.2%	16.9%	23.3%	28.9%	26.6%	4.2%	-603	1.4K	-155	10.03	104.92	N/A	N/A	40	401	40	130
2022-03-08	$10.57	$10.00	49.8%	12.0%	16.8%	31.5%	61.7%	-28.3%	-40.0%	-289	3.5K	-172	10.03	101.50	N/A	N/A	40	401	40	130
2022-03-09	$10.76	$10.00	32.6%	13.6%	18.1%	15.9%	66.9%	12.8%	4.5%	-546	-2.7K	-108	10.03	107.66	N/A	N/A	40	401	40	130
2022-03-10	$10.74	$10.00	37.7%	11.9%	18.1%	20.5%	54.3%	13.6%	-3.4%	-523	-1.7K	-123	10.03	108.38	N/A	N/A	40	401	40	130
2022-03-11	$10.85	$10.00	41.7%	14.2%	18.5%	24.1%	83.8%	18.9%	-6.2%	-882	5.3K	-126	9.33	104.67	N/A	N/A	43	401	35	130
2022-03-14	$10.71	$10.00	42.7%	9.3%	19.1%	25.1%	32.5%	-6.9%	-31.3%	-914	830	-82	9.33	101.16	N/A	N/A	43	401	38	130
2022-03-15	$10.76	$10.00	48.9%	12.9%	19.1%	30.7%	40.4%	9.2%	-13.2%	-397	7.6K	-158	9.33	126.41	N/A	N/A	43	401	38	130
2022-03-16	$10.84	$10.00	43.6%	12.0%	18.3%	25.8%	44.4%	9.4%	-11.5%	-748	7.7K	-181	9.14	123.27	N/A	N/A	44	402	38	130
2022-03-17	$10.89	$0.00	42.5%	12.9%	18.0%	24.8%	0.0%	1.2%	-8.7%	-725	3.4K	-139	9.14	135.22	N/A	N/A	44	402	40	131
2022-03-18	$10.95	$0.00	56.0%	9.0%	18.1%	37.2%	0.0%	33.7%	-32.6%	-818	2.9K	-142	9.14	138.17	N/A	N/A	44	402	40	131
2022-03-21	$10.90	$0.00	49.9%	12.5%	17.4%	31.6%	0.0%	24.3%	-10.6%	-412	6.4K	-94	12.94	122.61	N/A	N/A	31	401	32	130
2022-03-22	$10.98	$0.00	46.6%	11.4%	17.2%	28.6%	0.0%	-4.9%	-26.5%	-621	13.5K	-185	12.94	132.30	N/A	N/A	31	401	32	130
2022-03-23	$10.94	$0.00	48.0%	10.9%	17.1%	29.9%	0.0%	-6.1%	-36.0%	-871	7.0K	-122	12.94	126.25	N/A	N/A	31	401	32	130
2022-03-24	$11.02	$0.00	49.7%	13.0%	16.0%	31.4%	0.0%	-2.3%	-20.5%	-367	-519	-12	13.37	131.63	N/A	N/A	30	401	32	130
2022-03-25	$10.96	$0.00	40.2%	11.3%	15.2%	22.8%	0.0%	-10.3%	-13.8%	-637	1.1K	-39	13.37	110.15	N/A	N/A	30	401	32	130
2022-03-28	$10.97	$0.00	36.5%	12.4%	14.2%	19.3%	0.0%	-0.4%	2.6%	-751	11.8K	-178	13.37	119.88	N/A	N/A	30	401	32	130
2022-03-29	$10.97	$0.00	55.1%	12.0%	14.1%	36.4%	0.0%	2.4%	-23.8%	-691	11.7K	-181	13.37	123.65	N/A	N/A	30	401	32	130
2022-03-30	$10.80	$0.00	49.4%	14.9%	14.8%	31.1%	0.0%	-9.4%	-18.2%	-399	5.7K	-78	13.37	75.10	N/A	N/A	30	401	32	130
2022-03-31	$10.47	$0.00	49.8%	11.0%	18.3%	31.5%	0.0%	-17.4%	-29.9%	-749	17.5K	-213	13.40	66.52	N/A	N/A	30	402	32	130