BIRD Options History — December 2021

In December 2021, BIRD traded between $260.20 and $377.60. ATM implied volatility averaged 104.9%. The 30-day expected move averaged 29.1%. IV traded below realized volatility by 40.5% (HV 20d: 145.5%). Max pain ranged from $400.00 to $500.00. Net GEX was positive for 10 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 1.62.

Notable Days

  • 2021-12-06: Highest Volume — 605 contracts
  • 2021-12-15: Largest IV drop — 23.3% change
  • 2021-12-03: Largest Expected Move — 34.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$306.81$260.20$377.60$322.40$305.60
Max Pain$463.64$400.00$500.00$400.00$400.00
ATM IV104.9%89.6%137.7%110.6%89.6%
Expected Move29.1%25.7%34.6%31.7%25.7%
HV 20d145.5%136.8%154.6%146.8%137.4%
Term Structure0.9%-10.4%8.7%-10.4%8.7%
VWIV97.0%78.2%121.2%113.7%94.7%
Skew 25d-1.3%-7.5%2.7%-6.2%-2.0%
Skew 10d-3.2%-23.6%8.7%-10.4%-23.6%
Call IV 25d104.3%91.6%119.2%116.0%94.8%
Put IV 25d103.0%92.3%122.0%109.8%92.8%
Bid-Ask Spread %22.938.5238.0513.118.52
Gamma HHI0.330.190.630.340.19
Net GEX-67.0K-209.2K78.1K-153.4K47.2K
Net DEX7.9M-2.7M17.8M5.9M3.7M
Net VEX-52.6K-68.8K-29.4K-29.4K-56.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.620.336.000.330.69
Total Volume263.5917560552375
Total OI1,534.0919132,0299131,439

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$322.40$400.00110.6%31.7%0.0%0.0%113.7%-6.2%-10.4%-153.4K5.9M-29.4K0.3313.11N/AN/A393130388525
2021-12-02$329.20$400.00109.5%31.4%0.0%0.0%109.8%0.2%-7.7%-155.1K4.6M-35.7K0.7538.05N/AN/A11485464573
2021-12-03$279.40$400.00120.6%34.6%0.0%0.0%121.2%2.7%-9.5%-128.9K8.6M-35.5K1.2620.82N/AN/A193244506638
2021-12-06$291.00$500.00118.8%30.5%0.0%0.0%78.2%-2.6%2.9%-164.0K10.6M-42.6K1.0530.05N/AN/A295310612786
2021-12-07$319.60$500.00111.8%30.7%0.0%0.0%102.5%-1.4%-3.1%-171.6K9.3M-63.6K0.8222.92N/AN/A170140823936
2021-12-08$296.40$500.00109.5%30.2%0.0%0.0%99.9%-7.5%2.2%-171.9K12.3M-56.2K0.5831.17N/AN/A182105858951
2021-12-09$304.20$500.00106.2%30.4%146.8%0.0%106.7%-0.3%0.1%-196.9K13.8M-58.1K0.7937.67N/AN/A1641309051,013
2021-12-10$281.20$500.00106.8%29.0%143.0%0.0%104.2%0.9%4.8%-176.2K16.0M-51.8K0.9326.75N/AN/A1121059141,045
2021-12-13$260.20$500.00120.8%29.6%139.3%0.0%104.8%-2.1%-0.0%-111.7K17.8M-44.0K1.9528.01N/AN/A811599351,054
2021-12-14$305.80$500.00137.7%31.3%154.6%0.0%108.2%-0.8%-1.9%-203.8K13.1M-57.2K0.8137.56N/AN/A2542059641,036
2021-12-15$293.00$500.00105.6%30.3%150.3%0.0%93.2%-1.0%-0.5%-209.2K14.5M-53.8K1.9834.56N/AN/A1292559971,032
2021-12-16$275.20$500.00102.3%29.3%146.8%0.0%86.6%-0.1%0.7%-104.5K14.9M-47.8K6.0029.96N/AN/A291731,000981
2021-12-17$294.80$500.00100.1%28.7%147.4%0.0%82.8%-4.4%1.9%25.6K15.0M-52.6K5.2930.16N/AN/A502661,012972
2021-12-20$282.80$500.00105.6%30.3%145.7%0.0%94.7%-3.8%0.2%20.9K4.4M-49.1K3.3122.00N/AN/A35116641534
2021-12-21$285.80$500.0098.5%28.2%142.8%0.0%93.5%0.4%1.5%14.4K4.6M-49.7K1.2416.88N/AN/A83102635559
2021-12-22$324.00$500.0094.2%27.0%143.1%0.0%84.4%2.1%6.2%46.1K1.9M-59.7K1.4010.47N/AN/A80112682564
2021-12-23$351.20$400.0090.2%25.9%143.7%0.0%87.7%1.2%7.3%69.4K-390.6K-65.6K1.8218.54N/AN/A68124724573
2021-12-27$377.60$450.0091.2%26.2%146.3%0.0%84.1%1.1%3.4%78.1K-2.7M-68.8K1.9010.57N/AN/A55105731581
2021-12-28$338.20$450.0095.5%27.4%150.8%0.0%96.1%-1.7%3.3%63.1K983.0K-62.0K1.139.97N/AN/A8191738592
2021-12-29$312.60$400.0092.8%26.6%152.4%0.0%94.5%-3.1%2.8%51.3K3.1M-58.0K0.8212.58N/AN/A5847778626
2021-12-30$319.60$400.0090.8%26.0%136.8%0.0%93.5%0.4%6.2%58.4K2.6M-59.4K0.8114.11N/AN/A5242795638
2021-12-31$305.60$400.0089.6%25.7%137.4%0.0%94.7%-2.0%8.7%47.2K3.7M-56.2K0.698.52N/AN/A4431797642