BIRD Options History — July 2022

In July 2022, BIRD traded between $77.80 and $110.00. ATM implied volatility averaged 99.9%, placing in the 35.8% IV rank vs the trailing year. The 30-day expected move averaged 29.3%. IV traded above realized volatility by 20.7% (HV 20d: 79.3%). Max pain ranged from $100.00 to $100.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.40.

Notable Days

  • 2022-07-08: Highest Volume — 791 contracts
  • 2022-07-08: Largest IV spike — 22.3% change
  • 2022-07-12: Highest IV Rank — 53.1%
  • 2022-07-26: Largest Expected Move — 32.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$97.76$77.80$110.00$77.80$103.60
Max Pain$100.00$100.00$100.00$100.00$100.00
ATM IV99.9%76.9%112.1%90.3%101.6%
Expected Move29.3%25.9%32.0%25.9%29.1%
HV 20d79.3%67.2%92.5%76.0%67.7%
HV 60d89.9%86.8%90.8%86.8%90.0%
IV Rank35.8%2.8%53.1%22.0%38.1%
IV Percentile48.6%2.5%81.4%16.8%49.4%
Term Structure-6.0%-16.8%4.1%-8.6%-7.1%
VWIV102.0%85.4%108.7%100.1%103.5%
Skew 25d-10.4%-24.1%7.4%-5.8%-11.1%
Skew 10d-12.1%-38.1%33.1%-7.0%-2.5%
Call IV 25d97.0%91.6%102.6%98.1%92.6%
Put IV 25d86.6%75.8%105.2%92.4%81.5%
Bid-Ask Spread %16.687.0730.119.7413.92
Gamma HHI0.400.310.480.310.45
Net GEX90.8K29.2K159.5K29.2K102.9K
Net DEX-4.2M-6.6M-845.2K-845.2K-5.1M
Net VEX-28.7K-37.2K-12.9K-12.9K-30.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.030.950.690.16
Total Volume94.05317913456
Total OI2,193.11,7242,4041,7242,351

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$77.80$100.0090.3%25.9%76.0%22.0%100.1%-5.8%-8.6%29.2K-845.2K-12.9K0.699.74N/AN/A20141,500224
2022-07-05$86.40$100.0082.8%27.1%87.6%11.3%97.3%3.8%4.1%38.9K-1.4M-15.6K0.6511.16N/AN/A19121,496231
2022-07-06$88.20$100.0088.9%28.7%87.9%20.1%102.8%5.7%-2.6%48.2K-1.8M-16.4K0.5713.66N/AN/A22131,499236
2022-07-07$92.80$100.0076.9%27.1%90.2%2.8%85.4%7.4%0.8%56.2K-2.1M-17.6K0.6113.11N/AN/A33201,501241
2022-07-08$98.00$100.0094.1%29.0%92.5%27.4%101.5%-17.4%-2.0%65.9K-2.9M-20.3K0.0315.67N/AN/A767241,486250
2022-07-11$96.80$100.00105.0%30.2%89.8%43.0%105.3%-18.0%-1.9%107.9K-5.2M-35.5K0.2627.58N/AN/A75192,149254
2022-07-12$96.80$100.00112.1%30.6%88.9%53.1%106.3%-14.6%-5.4%102.9K-5.0M-34.2K0.4527.58N/AN/A46212,146256
2022-07-13$99.00$100.00103.4%29.6%82.0%40.6%102.9%-15.2%-2.0%115.0K-5.4M-35.4K0.2311.81N/AN/A44102,143257
2022-07-14$96.80$100.00101.4%29.1%82.4%37.9%101.4%-20.5%-3.5%112.8K-4.6M-33.2K0.227.07N/AN/A3882,141258
2022-07-15$100.20$100.00105.9%30.4%78.3%44.3%105.5%-14.4%-5.7%159.5K-5.4M-34.6K0.4610.14N/AN/A31142,147257
2022-07-18$101.40$100.00103.2%29.6%75.4%40.5%103.4%-7.6%-5.2%99.2K-5.2M-33.6K0.3727.54N/AN/A52192,076231
2022-07-19$107.20$100.00103.4%29.6%77.4%40.7%99.8%-5.1%-10.6%111.0K-6.0M-36.3K0.5530.01N/AN/A32182,075241
2022-07-20$110.00$100.00103.7%29.7%77.3%41.2%102.4%-6.5%-8.4%117.4K-6.6M-37.2K0.2217.49N/AN/A79172,078251
2022-07-21$108.00$100.00101.0%29.0%72.7%37.3%100.8%-4.7%-4.4%111.5K-6.0M-35.9K0.2227.81N/AN/A59132,050260
2022-07-22$101.20$100.00103.8%29.8%77.5%41.3%104.2%-16.5%-9.4%94.3K-4.6M-31.3K0.6830.11N/AN/A21142,036259
2022-07-25$102.00$100.00101.8%29.2%75.2%38.5%101.7%-13.4%-6.5%97.7K-4.8M-31.6K0.3410.24N/AN/A2382,035260
2022-07-26$94.00$100.00111.7%32.0%70.8%52.5%108.7%-24.1%-16.8%78.5K-3.5M-27.1K0.339.53N/AN/A59192,039261
2022-07-27$95.20$100.00105.2%30.2%68.4%43.2%105.0%-18.7%-11.1%78.9K-3.6M-26.7K0.9511.89N/AN/A19182,069273
2022-07-28$99.80$100.00102.6%29.4%67.2%39.6%102.5%-10.5%-14.0%88.1K-4.3M-27.5K0.057.47N/AN/A10052,071274
2022-07-29$103.60$100.00101.6%29.1%67.7%38.1%103.5%-11.1%-7.1%102.9K-5.1M-30.9K0.1613.92N/AN/A4882,077274