BIRD Options History — January 2022

In January 2022, BIRD traded between $230.00 and $323.20. ATM implied volatility averaged 99.6%. The 30-day expected move averaged 28.4%. IV traded below realized volatility by 14.8% (HV 20d: 114.4%). Max pain ranged from $250.00 to $400.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.63.

Notable Days

  • 2022-01-06: Highest Volume — 414 contracts
  • 2022-01-27: Largest IV spike — 6.5% change
  • 2022-01-27: Largest Expected Move — 29.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$270.35$230.00$323.20$323.20$248.60
Max Pain$302.50$250.00$400.00$400.00$250.00
ATM IV99.6%94.6%104.6%95.6%100.7%
Expected Move28.4%27.1%29.8%27.4%28.9%
HV 20d114.4%87.9%138.9%125.0%93.3%
HV 60d124.5%122.3%127.5%127.5%122.8%
Term Structure1.9%-2.5%5.7%2.9%2.4%
VWIV100.8%95.5%105.7%97.0%103.1%
Skew 25d-1.3%-6.0%4.3%2.3%0.3%
Skew 10d1.9%-24.0%21.7%12.4%21.7%
Call IV 25d102.3%97.1%106.1%97.1%104.4%
Put IV 25d101.0%97.2%106.2%99.5%104.7%
Bid-Ask Spread %21.7713.1544.9914.8613.15
Gamma HHI0.210.180.270.200.20
Net GEX37.9K-20.8K73.3K63.4K22.6K
Net DEX4.1M1.0M9.2M2.6M1.3M
Net VEX-55.4K-67.1K-46.1K-57.6K-51.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.251.240.540.56
Total Volume175.357341411473
Total OI1,698.951,3032,1451,4521,386

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$323.20$400.0095.6%27.4%125.0%0.0%97.0%2.3%2.9%63.4K2.6M-57.6K0.5414.86N/AN/A7440810642
2022-01-04$311.80$400.0094.6%27.1%125.2%0.0%97.8%1.6%2.5%62.9K3.4M-55.5K0.6913.26N/AN/A4532829645
2022-01-05$274.20$400.0098.3%28.2%128.8%0.0%100.6%-0.8%2.1%25.5K6.2M-46.1K0.5216.28N/AN/A12263832646
2022-01-06$308.80$300.00101.0%29.0%133.6%0.0%103.4%-2.6%0.7%72.8K2.7M-57.2K0.2521.66N/AN/A33084876649
2022-01-07$277.00$300.00102.8%28.8%138.9%0.0%103.4%-3.8%1.4%54.3K4.9M-51.1K0.8317.60N/AN/A192160981673
2022-01-10$284.00$300.00104.6%29.3%136.4%0.0%104.3%-0.9%0.7%56.6K4.8M-55.4K0.5419.59N/AN/A121651,043778
2022-01-11$284.40$300.00103.0%28.2%133.2%0.0%100.7%-4.6%1.4%69.1K4.5M-55.3K0.4417.94N/AN/A107471,077780
2022-01-12$276.60$300.0098.5%28.2%119.9%0.0%99.8%-2.4%-0.0%46.7K5.9M-51.9K0.3831.52N/AN/A248951,087784
2022-01-13$275.00$300.0095.4%27.4%119.1%0.0%95.5%-4.1%2.0%62.1K4.9M-64.7K0.5419.96N/AN/A137731,238837
2022-01-14$278.20$300.0097.4%27.9%117.1%0.0%97.7%-0.2%3.9%73.3K4.5M-67.1K0.6322.81N/AN/A107671,285849
2022-01-18$270.80$300.00101.3%29.0%114.6%0.0%102.5%-0.0%1.9%42.8K5.6M-63.0K0.5314.98N/AN/A127671,293852
2022-01-19$276.40$300.0098.4%28.2%114.0%0.0%100.5%-6.0%3.8%51.5K5.1M-63.8K0.7917.06N/AN/A98771,263854
2022-01-20$263.40$300.0098.0%28.1%115.1%0.0%99.1%-1.3%2.3%-20.8K6.9M-58.0K0.9518.21N/AN/A91861,267848
2022-01-21$245.00$300.0099.6%28.5%106.7%0.0%100.3%1.4%1.6%14.3K9.2M-52.7K1.2429.72N/AN/A73911,267864
2022-01-24$254.00$300.00101.0%28.9%102.5%0.0%101.8%4.3%1.7%16.1K1.0M-54.1K0.9916.19N/AN/A7372759544
2022-01-25$248.80$250.00101.1%29.0%97.0%0.0%100.2%-0.1%1.1%14.7K1.2M-53.7K0.5343.22N/AN/A6836776561
2022-01-26$244.20$250.0097.6%28.0%91.1%0.0%99.5%-2.6%5.7%15.3K1.3M-53.3K0.7144.99N/AN/A5741795568
2022-01-27$232.60$250.00103.9%29.8%89.0%0.0%105.7%-4.5%-2.5%8.6K2.3M-48.8K0.6221.94N/AN/A5735802567
2022-01-28$230.00$250.0099.7%28.6%87.9%0.0%102.8%-1.8%1.7%6.5K2.7M-47.2K0.4120.45N/AN/A5422803569
2022-01-31$248.60$250.00100.7%28.9%93.3%0.0%103.1%0.3%2.4%22.6K1.3M-51.8K0.5613.15N/AN/A4726815571