BIRD Options History — October 2022

In October 2022, BIRD traded between $61.20 and $69.40. ATM implied volatility averaged 73.1%, placing in the 24.5% IV rank vs the trailing year. The 30-day expected move averaged 22.3%. IV traded above realized volatility by 11.4% (HV 20d: 61.7%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 3.07.

Notable Days

  • 2022-10-26: Highest Volume — 108 contracts
  • 2022-10-21: Largest IV drop — 42.0% change
  • 2022-10-17: Highest IV Rank — 60.9%
  • 2022-10-17: Largest Expected Move — 30.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.29$61.20$69.40$63.40$69.20
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV73.1%51.2%107.7%82.4%69.9%
Expected Move22.3%14.7%30.9%23.6%20.0%
HV 20d61.7%46.9%68.3%64.9%46.9%
HV 60d77.3%74.8%78.9%77.9%74.8%
IV Rank24.5%1.6%60.9%34.3%21.2%
IV Percentile15.9%0.4%78.2%12.8%9.2%
Term Structure4.2%-22.4%33.3%30.9%14.4%
VWIV79.5%54.9%99.4%89.2%75.8%
Skew 25d-0.7%-13.4%13.5%0.4%3.5%
Skew 10d4.7%-53.9%25.9%22.0%8.2%
Call IV 25d90.6%79.5%142.2%93.2%87.3%
Put IV 25d90.0%80.7%128.8%93.6%90.9%
Bid-Ask Spread %18.157.1246.0246.029.75
Gamma HHI0.430.390.630.430.49
Net GEX9.6K3.6K13.8K13.0K9.3K
Net DEX-170.5K-302.2K-25.9K-222.4K-231.6K
Net VEX-5.9K-7.3K-3.1K-7.1K-5.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.071.048.503.538.50
Total Volume70.333591086083
Total OI1,385.9521,3371,4051,3941,361

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-10-03$63.40$50.0082.4%23.6%64.9%34.3%89.2%0.4%30.9%13.0K-222.4K-7.1K3.5346.02N/AN/A13471,170224
2022-10-04$66.80$50.0061.6%17.6%68.3%12.4%64.5%4.3%30.5%13.5K-292.6K-7.3K3.087.12N/AN/A15471,171225
2022-10-05$67.20$50.0070.2%20.1%66.1%21.5%79.4%2.3%11.6%13.8K-302.2K-7.3K1.829.46N/AN/A26471,172225
2022-10-06$64.80$50.0061.3%25.9%66.8%12.1%86.6%-5.9%-1.1%12.2K-227.4K-7.0K2.9930.49N/AN/A16471,168225
2022-10-07$63.40$50.0064.2%27.7%65.1%15.2%95.6%3.8%-8.2%9.5K-120.0K-6.3K2.3216.85N/AN/A20461,170225
2022-10-10$61.20$50.0067.7%26.8%65.1%18.9%93.8%-1.5%-7.1%8.5K-25.9K-5.6K2.1215.42N/AN/A22461,174225
2022-10-11$62.20$50.0074.3%25.8%62.5%25.8%89.2%3.7%4.5%10.2K-156.2K-6.5K2.2131.42N/AN/A21461,176224
2022-10-12$62.00$50.0091.5%26.2%62.2%43.9%89.7%4.5%3.8%10.1K-164.0K-6.2K2.2431.47N/AN/A21461,179223
2022-10-13$64.40$50.0095.7%27.4%64.6%48.3%92.2%-1.8%-9.5%9.8K-122.7K-5.5K2.4232.10N/AN/A19461,178223
2022-10-14$63.20$50.0093.2%26.7%64.1%45.7%82.9%-5.3%-9.9%8.4K-77.8K-5.5K2.9632.06N/AN/A16461,179223
2022-10-17$66.20$50.00107.7%30.9%67.0%60.9%96.8%-0.9%-21.6%9.9K-212.8K-6.0K3.4431.72N/AN/A13461,178223
2022-10-18$64.80$50.0067.1%19.2%66.9%18.3%79.1%-8.0%7.4%7.6K-135.5K-5.5K2.279.42N/AN/A21471,180223
2022-10-19$63.80$50.0076.1%21.8%64.3%27.7%75.2%-6.8%-7.2%6.8K-128.0K-5.2K2.4910.74N/AN/A19471,181224
2022-10-20$63.60$50.00103.7%29.7%63.8%56.7%99.4%-10.0%-22.4%7.0K-107.0K-5.1K2.398.11N/AN/A20481,181218
2022-10-21$67.00$50.0060.1%17.2%63.8%10.9%61.0%-13.4%18.7%3.6K-60.3K-3.1K3.169.10N/AN/A17551,182219
2022-10-24$66.60$50.0052.3%15.0%61.7%2.6%55.4%1.6%30.7%9.9K-152.2K-5.6K4.159.32N/AN/A13541,122215
2022-10-25$69.40$50.0051.2%14.7%62.6%1.6%54.9%13.5%33.3%10.7K-243.3K-6.0K1.739.15N/AN/A31541,124217
2022-10-26$68.00$50.0060.6%17.4%54.6%11.4%68.1%8.2%-14.7%8.4K-180.4K-5.4K1.0410.11N/AN/A53551,142217
2022-10-27$66.80$50.0061.6%17.6%47.2%12.4%70.3%-6.1%19.3%9.2K-214.2K-5.9K1.8310.29N/AN/A30561,144216
2022-10-28$67.00$50.0062.1%17.8%47.2%12.9%70.7%-0.3%-15.5%9.3K-203.6K-5.8K7.7811.11N/AN/A7551,144215
2022-10-31$69.20$50.0069.9%20.0%46.9%21.2%75.8%3.5%14.4%9.3K-231.6K-5.6K8.509.75N/AN/A9741,146215