BFIN Options History — January 2023

In January 2023, BFIN traded between $10.00 and $10.45. ATM implied volatility averaged 28.5%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 4.2% (HV 20d: 24.3%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.24.

Notable Days

2023-01-03: Highest Volume — 27 contracts
2023-01-20: Largest IV spike — 103.0% change
2023-01-17: Highest IV Rank — 37.7%
2023-01-17: Largest Expected Move — 12.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.25	$10.00	$10.45	$10.39	$10.10
Max Pain	$10.00	$10.00	$10.00	$10.00	$10.00
ATM IV	28.5%	17.1%	44.9%	17.4%	27.3%
Expected Move	8.6%	4.9%	12.9%	5.0%	7.8%
HV 20d	24.3%	12.9%	28.7%	28.7%	13.0%
HV 60d	20.6%	19.8%	21.1%	21.1%	20.5%
IV Rank	20.0%	5.1%	37.7%	5.5%	17.1%
IV Percentile	36.7%	4.8%	74.6%	5.2%	31.7%
Term Structure	-6.8%	-39.0%	18.9%	18.9%	-6.0%
VWIV	27.8%	20.4%	35.2%	20.4%	35.2%
Skew 25d	19.7%	-105.2%	116.5%	-23.4%	114.0%
Skew 10d	76.5%	-142.7%	233.8%	42.3%	233.8%
Call IV 25d	65.5%	24.4%	134.2%	52.8%	65.9%
Put IV 25d	85.2%	27.4%	213.4%	29.4%	179.9%
Bid-Ask Spread %	115.29	93.98	128.50	93.98	123.11
Gamma HHI	0.79	0.35	0.97	0.97	0.85
Net GEX	1.9K	-1.4K	6.7K	2.9K	-764
Net DEX	-60.6K	-93.6K	-16.7K	-83.9K	-17.4K
Net VEX	-133	-171	-89	-89	-115
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.24	0.00	1.00	0.17	1.00
Total Volume	3.7	0	27	27	0
Total OI	150.6	88	184	145	110

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	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2023-01-03	$10.39	$10.00	17.4%	5.0%	28.7%	5.5%	20.4%	-23.4%	18.9%	2.9K	-83.9K	-89	0.17	93.98	N/A	N/A	23	4	107	38
2023-01-04	$10.45	$10.00	17.1%	4.9%	28.3%	5.1%	0.0%	-105.2%	5.9%	2.4K	-93.4K	-127	0.00	113.14	N/A	N/A	0	0	126	47
2023-01-05	$10.41	$10.00	18.3%	7.5%	28.1%	15.9%	0.0%	-27.9%	1.5%	2.8K	-89.6K	-132	0.09	106.28	N/A	N/A	11	1	126	47
2023-01-06	$10.43	$10.00	25.8%	8.1%	28.0%	18.1%	0.0%	-34.0%	-6.4%	2.8K	-83.9K	-146	0.00	115.59	N/A	N/A	0	0	126	47
2023-01-09	$10.40	$10.00	25.7%	11.0%	28.0%	30.1%	35.2%	-6.9%	-7.2%	3.0K	-83.5K	-137	0.00	115.28	N/A	N/A	0	10	126	47
2023-01-10	$10.37	$10.00	21.1%	7.0%	28.0%	13.6%	0.0%	48.6%	-0.8%	2.8K	-85.0K	-153	0.00	100.66	N/A	N/A	0	0	126	57
2023-01-11	$10.37	$10.00	41.4%	11.9%	27.8%	33.6%	0.0%	-16.9%	-19.9%	2.9K	-84.8K	-171	0.00	118.81	N/A	N/A	0	0	126	57
2023-01-12	$10.42	$10.00	24.1%	6.9%	27.7%	13.3%	0.0%	29.2%	5.5%	2.4K	-85.8K	-159	0.00	112.70	N/A	N/A	1	0	126	57
2023-01-13	$10.38	$10.00	38.3%	11.0%	27.3%	29.9%	0.0%	-23.8%	-8.3%	2.9K	-85.3K	-144	0.00	118.11	N/A	N/A	0	0	127	57
2023-01-17	$10.31	$10.00	44.9%	12.9%	27.1%	37.7%	0.0%	5.9%	-4.4%	3.6K	-75.4K	-116	0.00	119.23	N/A	N/A	0	0	127	57
2023-01-18	$10.19	$10.00	41.6%	11.9%	26.1%	33.8%	0.0%	52.5%	-39.0%	5.0K	-68.7K	-119	0.00	123.25	N/A	N/A	0	0	127	57
2023-01-19	$10.07	$10.00	19.8%	5.7%	26.7%	8.3%	0.0%	4.4%	9.0%	6.7K	-54.9K	-144	0.00	114.27	N/A	N/A	0	0	127	57
2023-01-20	$10.25	$10.00	40.3%	11.5%	27.2%	32.3%	0.0%	63.4%	-14.1%	-78	-93.6K	-142	0.00	128.50	N/A	N/A	10	0	127	57
2023-01-23	$10.11	$10.00	32.3%	9.2%	27.9%	22.9%	0.0%	-9.3%	-14.7%	-186	-18.8K	-129	0.20	104.84	N/A	N/A	10	2	56	32
2023-01-24	$10.18	$10.00	29.0%	8.3%	27.8%	19.1%	0.0%	74.6%	-18.9%	171	-22.5K	-118	0.00	119.47	N/A	N/A	0	0	66	33
2023-01-25	$10.10	$10.00	30.3%	8.7%	19.1%	20.5%	0.0%	-28.3%	-14.3%	253	-27.6K	-134	1.00	114.51	N/A	N/A	1	1	66	33
2023-01-26	$10.04	$10.00	28.9%	8.3%	13.0%	18.9%	0.0%	89.7%	-12.0%	-638	-21.4K	-137	0.00	121.51	N/A	N/A	0	0	66	34
2023-01-27	$10.00	$10.00	27.6%	7.9%	12.9%	17.4%	0.0%	116.5%	-17.0%	-520	-16.7K	-111	0.00	119.65	N/A	N/A	0	0	66	34
2023-01-30	$10.11	$10.00	19.5%	5.6%	13.2%	7.9%	0.0%	70.7%	5.8%	-1.4K	-20.7K	-136	0.00	122.97	N/A	N/A	0	0	66	44
2023-01-31	$10.10	$10.00	27.3%	7.8%	13.0%	17.1%	0.0%	114.0%	-6.0%	-764	-17.4K	-115	0.00	123.11	N/A	N/A	0	0	66	44