BIRD Options History — August 2022

In August 2022, BIRD traded between $81.00 and $113.60. ATM implied volatility averaged 93.4%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 25.7%. IV traded below realized volatility by 1.8% (HV 20d: 95.2%). Max pain ranged from $100.00 to $100.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 0.55.

Notable Days

  • 2022-08-08: Highest Volume — 215 contracts
  • 2022-08-09: Largest IV drop — 30.2% change
  • 2022-08-08: Highest IV Rank — 79.5%
  • 2022-08-03: Largest Expected Move — 32.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$94.08$81.00$113.60$100.60$81.00
Max Pain$100.00$100.00$100.00$100.00$100.00
ATM IV93.4%72.9%130.5%109.8%85.1%
Expected Move25.7%20.9%32.9%31.5%24.4%
HV 20d95.2%59.1%110.8%69.0%106.0%
HV 60d87.7%79.6%91.4%88.1%86.5%
IV Rank26.6%0.0%79.5%49.9%16.9%
IV Percentile29.1%0.0%96.7%77.7%8.1%
Term Structure0.4%-20.1%8.3%-17.0%-4.7%
VWIV91.5%74.4%121.9%109.4%121.9%
Skew 25d3.3%-19.8%35.6%-15.0%-7.2%
Skew 10d8.6%-33.1%49.4%-6.7%-7.6%
Call IV 25d82.2%53.6%99.6%98.2%91.9%
Put IV 25d85.5%74.0%100.7%83.2%84.7%
Bid-Ask Spread %21.274.8457.7110.9122.15
Gamma HHI0.480.450.570.460.57
Net GEX78.9K33.2K119.0K97.1K33.2K
Net DEX-3.1M-7.5M-561.4K-4.6M-561.4K
Net VEX-22.4K-31.5K-14.3K-28.4K-14.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.063.620.533.62
Total Volume61.609122152164
Total OI2,421.4352,3382,5162,3532,438

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$100.60$100.00109.8%31.5%69.0%49.9%109.4%-15.0%-17.0%97.1K-4.6M-28.4K0.5310.91N/AN/A1472,079274
2022-08-02$97.20$100.00111.4%31.9%61.7%52.1%111.3%-18.9%-19.9%87.7K-4.0M-26.9K0.2913.78N/AN/A2162,079275
2022-08-03$98.20$100.00114.9%32.9%61.4%57.1%114.9%-11.0%-20.1%91.6K-4.3M-27.7K0.1013.50N/AN/A5252,086277
2022-08-04$99.20$100.00111.9%27.5%59.1%52.8%104.2%-4.2%-1.8%95.1K-4.7M-27.6K0.0927.51N/AN/A4542,119277
2022-08-05$106.20$100.00111.7%25.8%60.8%52.5%90.0%-0.6%5.3%110.4K-5.7M-29.9K0.2825.77N/AN/A64182,125278
2022-08-08$113.60$100.00130.5%27.1%64.5%79.5%95.3%-1.6%2.2%119.0K-7.5M-31.5K0.1554.46N/AN/A187282,128289
2022-08-09$91.80$100.0091.0%23.5%101.6%23.1%82.1%8.3%7.5%72.7K-2.5M-20.7K0.1647.81N/AN/A161262,153297
2022-08-10$93.80$100.0082.7%23.7%101.6%11.2%83.8%-19.8%6.9%81.8K-2.9M-21.0K0.146.20N/AN/A6492,185291
2022-08-11$93.40$100.0088.9%25.5%101.3%20.0%88.9%11.3%2.0%85.5K-2.9M-22.5K0.5321.92N/AN/A30162,172291
2022-08-12$104.40$100.0086.6%24.8%108.4%16.7%86.4%35.6%3.4%113.9K-4.8M-26.0K0.9657.71N/AN/A38362,177286
2022-08-15$103.80$100.0090.6%26.0%108.4%22.5%83.7%25.8%0.6%113.1K-4.7M-25.3K0.945.77N/AN/A13122,176289
2022-08-16$104.40$100.0089.5%25.7%106.5%20.8%87.4%25.7%3.9%89.9K-5.5M-25.7K0.404.84N/AN/A1252,175285
2022-08-17$98.00$100.0086.2%24.7%108.2%16.1%85.9%21.3%5.9%105.3K-3.6M-22.9K1.367.92N/AN/A21292,176286
2022-08-18$96.40$100.0085.5%24.5%108.1%15.1%85.5%24.4%6.4%113.1K-3.4M-21.8K0.8647.63N/AN/A45382,184290
2022-08-19$88.60$100.0086.0%24.7%109.7%15.9%86.0%10.4%3.8%54.4K-1.6M-18.1K0.9135.77N/AN/A57522,202314
2022-08-22$84.00$100.0083.8%24.0%110.8%12.7%84.5%-8.2%8.3%46.3K-1.2M-17.9K0.3023.60N/AN/A2582,049289
2022-08-23$83.20$100.0087.9%25.2%107.5%18.6%88.1%1.4%4.5%46.1K-1.3M-18.0K0.177.92N/AN/A2642,061296
2022-08-24$86.60$100.0079.9%22.9%108.6%7.1%79.9%-1.6%6.6%50.3K-1.4M-18.2K0.107.50N/AN/A5762,073296
2022-08-25$88.40$100.0084.4%24.2%107.3%13.6%84.4%3.6%1.9%56.7K-1.7M-19.4K0.265.44N/AN/A46122,086300
2022-08-26$84.60$100.0088.5%25.4%106.8%19.4%88.5%-4.5%0.8%52.4K-1.4M-18.6K0.066.45N/AN/A2622,116306
2022-08-29$83.80$100.0088.2%25.3%106.6%18.9%87.9%12.6%-0.9%51.2K-1.3M-17.2K0.3412.09N/AN/A932,128307
2022-08-30$82.60$100.0072.9%20.9%106.2%0.0%74.4%-10.5%3.1%47.2K-913.4K-15.5K0.1922.64N/AN/A1222,128305
2022-08-31$81.00$100.0085.1%24.4%106.0%16.9%121.9%-7.2%-4.7%33.2K-561.4K-14.3K3.6222.15N/AN/A14502,133305