BIRD Options History — April 2022

In April 2022, BIRD traded between $102.20 and $133.00. ATM implied volatility averaged 101.8%. The 30-day expected move averaged 30.4%. IV traded above realized volatility by 22.3% (HV 20d: 79.5%). Max pain ranged from $100.00 to $150.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.36.

Notable Days

  • 2022-04-07: Highest Volume — 269 contracts
  • 2022-04-11: Largest IV spike — 33.2% change
  • 2022-04-29: Largest Expected Move — 35.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$110.02$102.20$133.00$121.40$102.20
Max Pain$107.50$100.00$150.00$150.00$100.00
ATM IV101.8%74.9%124.2%77.7%124.2%
Expected Move30.4%28.2%35.6%28.8%35.6%
HV 20d79.5%65.1%97.1%86.5%70.9%
HV 60d79.5%78.8%81.7%81.7%79.0%
Term Structure-2.9%-19.5%42.2%42.2%-17.0%
VWIV107.7%95.5%122.8%95.5%121.7%
Skew 25d-9.3%-18.8%9.4%9.4%-6.4%
Skew 10d-16.6%-38.6%8.2%8.2%-6.8%
Call IV 25d110.3%89.9%131.3%89.9%120.8%
Put IV 25d101.0%91.4%114.4%99.3%114.4%
Bid-Ask Spread %17.489.2037.5927.049.20
Gamma HHI0.380.190.550.190.32
Net GEX32.8K24.9K41.1K24.9K38.6K
Net DEX472.1K10.3K1.1M1.1M185.1K
Net VEX-28.7K-31.9K-24.4K-24.4K-30.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.061.090.130.35
Total Volume104.253026916350
Total OI2,226.551,8362,4701,8362,470

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$121.40$150.0077.7%28.8%86.5%0.0%95.5%9.4%42.2%24.9K1.1M-24.4K0.1327.04N/AN/A144191,285551
2022-04-04$133.00$150.0094.3%28.9%91.1%0.0%99.5%4.0%-4.1%41.1K166.0K-28.1K0.1716.99N/AN/A105181,322552
2022-04-05$120.80$150.00108.8%28.6%96.0%0.0%99.0%-0.7%-1.7%32.6K826.4K-25.3K0.1523.30N/AN/A157231,375551
2022-04-06$114.60$100.0096.7%28.6%97.0%0.0%103.1%-7.8%0.0%26.8K783.3K-26.2K0.2726.25N/AN/A113301,506551
2022-04-07$113.00$100.0093.9%29.6%97.1%0.0%104.7%-8.4%-5.3%26.1K837.0K-25.9K0.0921.28N/AN/A247221,571569
2022-04-08$111.20$100.0074.9%28.7%89.9%0.0%105.2%-12.7%-3.3%34.8K10.3K-31.9K0.5612.80N/AN/A39221,760572
2022-04-11$110.60$100.0099.8%29.7%88.2%0.0%103.5%-8.4%-8.1%33.6K142.8K-31.5K1.0913.76N/AN/A27291,770573
2022-04-12$108.20$100.0079.5%28.8%88.4%0.0%106.2%-12.0%-0.2%30.1K275.3K-29.6K0.6816.96N/AN/A29201,770576
2022-04-13$110.20$100.0098.5%28.2%76.9%0.0%99.8%-7.9%-1.4%36.2K216.8K-29.8K0.7616.43N/AN/A34261,778574
2022-04-14$105.20$100.0098.6%28.3%65.8%0.0%99.3%-18.5%1.1%31.2K603.6K-27.7K0.2711.49N/AN/A111301,778582
2022-04-18$103.00$100.00104.4%29.9%65.1%0.0%104.9%-15.1%-4.9%30.7K666.4K-27.9K0.7516.33N/AN/A60451,604543
2022-04-19$109.20$100.00101.5%29.1%69.0%0.0%109.4%-13.4%-1.5%31.8K600.5K-29.4K0.3912.95N/AN/A58231,629577
2022-04-20$107.60$100.00102.9%29.5%68.9%0.0%104.3%-5.4%-0.5%31.3K603.5K-29.6K0.3137.59N/AN/A36111,634582
2022-04-21$106.00$100.0099.5%28.5%68.9%0.0%100.4%-8.1%-0.3%29.7K762.8K-27.7K0.3715.03N/AN/A2391,646583
2022-04-22$103.60$100.00104.0%29.8%69.1%0.0%109.9%-15.6%-5.1%27.9K781.0K-27.3K0.3416.02N/AN/A29101,651584
2022-04-25$111.60$100.00112.0%32.1%74.5%0.0%121.0%-9.8%-3.3%36.0K58.5K-31.6K0.0815.08N/AN/A233181,661586
2022-04-26$104.20$100.00121.8%34.9%77.6%0.0%121.7%-12.3%-12.0%37.0K279.3K-30.4K0.1514.68N/AN/A90131,772592
2022-04-27$102.40$100.00120.9%34.6%75.1%0.0%122.8%-18.3%-13.1%39.0K173.8K-30.3K0.0612.48N/AN/A2821,826598
2022-04-28$102.40$100.00121.2%34.7%74.3%0.0%121.9%-18.8%-19.5%37.5K390.4K-29.7K0.2713.92N/AN/A80221,830597
2022-04-29$102.20$100.00124.2%35.6%70.9%0.0%121.7%-6.4%-17.0%38.6K185.1K-30.6K0.359.20N/AN/A37131,861609