BIRD Options History — June 2022

In June 2022, BIRD traded between $77.40 and $116.80. ATM implied volatility averaged 88.4%, placing in the 19.2% IV rank vs the trailing year. The 30-day expected move averaged 25.1%. IV traded below realized volatility by 2.1% (HV 20d: 90.5%). Max pain ranged from $100.00 to $200.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.43.

Notable Days

  • 2022-06-01: Highest Volume — 116 contracts
  • 2022-06-28: Largest IV drop — 22.6% change
  • 2022-06-03: Highest IV Rank — 33.3%
  • 2022-06-27: Largest Expected Move — 27.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$96.15$77.40$116.80$110.20$78.60
Max Pain$104.76$100.00$200.00$200.00$100.00
ATM IV88.4%75.3%98.2%89.0%83.7%
Expected Move25.1%21.6%27.9%25.5%24.0%
HV 20d90.5%78.4%113.7%113.7%80.1%
HV 60d89.3%85.6%92.0%91.9%88.7%
IV Rank19.2%0.5%33.3%20.1%12.6%
IV Percentile8.7%0.7%27.8%5.2%5.2%
Term Structure5.7%-9.0%11.4%2.7%0.4%
VWIV88.6%67.4%97.5%91.0%94.9%
Skew 25d6.2%-19.7%37.3%27.3%-2.0%
Skew 10d13.3%-35.9%68.1%56.4%-11.9%
Call IV 25d92.5%57.3%164.0%61.7%100.2%
Put IV 25d98.7%74.0%159.8%89.0%98.1%
Bid-Ask Spread %21.768.4154.7019.079.81
Gamma HHI0.320.290.360.330.29
Net GEX52.2K24.2K86.2K75.8K29.0K
Net DEX-902.5K-2.4M752.3K-1.6M-861.3K
Net VEX-21.7K-33.4K-11.0K-31.2K-13.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.070.900.870.12
Total Volume68.61914116116102
Total OI2,279.4291,5642,7172,7001,647

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-06-01$110.20$200.0089.0%25.5%113.7%20.1%91.0%27.3%2.7%75.8K-1.6M-31.2K0.8719.07N/AN/A62542,148552
2022-06-02$116.00$100.0090.6%26.5%110.1%22.4%91.6%-4.2%6.1%76.1K-2.2M-31.5K0.3712.55N/AN/A74272,148548
2022-06-03$116.80$100.0098.2%26.1%103.2%33.3%91.1%37.3%5.5%86.2K-2.4M-33.4K0.4044.04N/AN/A67272,146547
2022-06-06$112.00$100.0093.0%24.4%104.0%25.9%88.2%23.3%8.6%78.2K-1.5M-30.3K0.3413.16N/AN/A66222,142552
2022-06-07$108.20$100.0091.9%25.3%103.2%24.3%86.5%20.6%4.7%70.9K-985.2K-27.8K0.4931.48N/AN/A52252,135559
2022-06-08$110.00$100.0086.4%24.8%96.4%16.4%89.0%10.7%10.8%73.1K-1.2M-29.0K0.8024.42N/AN/A51412,134558
2022-06-09$103.00$100.0090.0%25.8%84.3%21.6%89.4%27.7%3.8%56.9K-505.4K-26.4K0.4125.93N/AN/A54222,133579
2022-06-10$99.20$100.0087.6%25.1%85.8%18.1%87.9%2.5%4.8%50.3K163.7K-23.2K0.4415.13N/AN/A56252,138579
2022-06-13$90.20$100.0094.5%27.1%91.4%27.9%94.7%1.3%4.2%42.8K670.9K-19.6K0.3048.05N/AN/A52162,135531
2022-06-14$89.20$100.0090.1%25.8%90.2%21.7%90.0%-0.0%8.1%41.0K752.3K-19.1K0.4111.60N/AN/A47192,133532
2022-06-15$96.60$100.0086.1%24.7%89.6%16.0%86.0%9.5%9.6%48.1K-28.2K-20.9K0.3516.24N/AN/A55192,137523
2022-06-16$91.40$100.0088.1%25.3%88.5%18.9%88.1%1.9%7.3%43.7K623.8K-19.3K0.1915.77N/AN/A4692,138522
2022-06-17$91.40$100.0087.6%25.1%88.0%18.2%87.8%-0.5%8.8%42.8K684.8K-18.5K0.4854.70N/AN/A72352,134521
2022-06-21$94.20$100.0085.3%24.5%83.0%14.9%85.3%-19.7%10.8%48.3K-2.1M-18.7K0.0713.54N/AN/A5241,356208
2022-06-22$88.00$100.0088.7%25.4%82.3%19.6%88.8%2.0%7.1%42.2K-1.6M-16.6K0.2119.39N/AN/A4081,394209
2022-06-23$88.40$100.0086.0%24.7%80.0%15.9%86.2%1.9%10.8%43.5K-1.7M-16.9K0.8828.94N/AN/A771,412211
2022-06-24$93.60$100.0082.3%23.6%78.4%10.6%82.3%1.5%11.4%51.8K-2.2M-19.1K0.5417.60N/AN/A1481,412214
2022-06-27$84.20$100.0097.3%27.9%86.0%31.9%97.5%-1.6%-1.6%40.8K-1.4M-15.9K0.2716.47N/AN/A2571,418213
2022-06-28$80.60$100.0075.3%21.6%81.1%0.5%67.4%-4.5%5.5%31.2K-973.3K-13.4K0.908.41N/AN/A12111,421213
2022-06-29$77.40$100.0083.6%24.0%80.5%12.5%96.8%-4.3%-9.0%24.2K-583.3K-11.0K0.2910.63N/AN/A38111,425211
2022-06-30$78.60$100.0083.7%24.0%80.1%12.6%94.9%-2.0%0.4%29.0K-861.3K-13.1K0.129.81N/AN/A91111,431216