BIRD Options History — November 2022

In November 2022, BIRD traded between $51.00 and $68.20. ATM implied volatility averaged 89.5%, placing in the 41.8% IV rank vs the trailing year. The 30-day expected move averaged 23.6%. IV traded above realized volatility by 26.4% (HV 20d: 63.1%). Max pain ranged from $50.00 to $100.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 3.20.

Notable Days

  • 2022-11-09: Highest Volume — 110 contracts
  • 2022-11-02: Largest IV spike — 48.4% change
  • 2022-11-08: Highest IV Rank — 91.1%
  • 2022-11-02: Largest Expected Move — 29.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.19$51.00$68.20$68.20$55.40
Max Pain$59.52$50.00$100.00$50.00$50.00
ATM IV89.5%70.0%136.4%70.0%81.3%
Expected Move23.6%20.1%29.8%20.1%23.3%
HV 20d63.1%43.7%77.1%43.7%77.1%
HV 60d60.9%55.8%73.2%73.2%64.0%
IV Rank41.8%21.3%91.1%21.3%33.2%
IV Percentile34.6%9.6%98.8%9.6%19.8%
Term Structure-0.4%-40.3%15.2%-30.9%15.2%
VWIV81.7%70.9%98.3%75.1%70.9%
Skew 25d6.3%-24.9%29.0%5.1%5.6%
Skew 10d7.8%-26.3%39.0%2.1%-0.3%
Call IV 25d76.3%57.4%100.3%82.8%88.2%
Put IV 25d82.6%73.3%93.8%87.9%93.8%
Bid-Ask Spread %25.844.7669.5210.2138.72
Gamma HHI0.490.440.620.450.56
Net GEX-134-5.5K7.7K7.7K-3.8K
Net DEX-130.7K-463.3K227.2K-197.8K-196.8K
Net VEX-5.1K-5.8K-4.0K-5.5K-5.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.200.008.988.910.09
Total Volume70.90521105912
Total OI1,434.9521,3731,4871,3811,459

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$68.20$50.0070.0%20.1%43.7%21.3%75.1%5.1%-30.9%7.7K-197.8K-5.5K8.9110.21N/AN/A6531,147234
2022-11-02$64.20$50.00103.8%29.8%48.8%56.9%98.3%-24.9%-40.3%4.2K-47.3K-4.9K1.037.57N/AN/A52531,147234
2022-11-03$61.80$100.00117.8%23.7%49.0%71.6%85.3%24.0%6.9%2.4K24.8K-4.6K1.0711.20N/AN/A51551,139234
2022-11-04$59.80$100.00110.2%23.9%49.7%63.5%83.8%20.8%2.5%1.0K113.0K-4.4K1.1012.95N/AN/A48531,139236
2022-11-07$60.80$100.00131.6%27.0%48.6%86.0%95.3%29.0%-7.2%2.3K-56.8K-4.5K1.5520.00N/AN/A32501,160235
2022-11-08$55.40$100.00136.4%24.1%58.2%91.1%84.0%15.0%0.3%168140.8K-4.0K2.0153.44N/AN/A36721,161235
2022-11-09$51.00$50.0081.7%23.4%64.3%33.5%81.7%6.2%1.2%-264227.2K-4.1K2.066.12N/AN/A36741,183247
2022-11-10$52.20$50.0077.5%22.2%63.0%29.2%77.9%4.0%4.9%-1.4K170.5K-4.0K1.7333.72N/AN/A38661,203253
2022-11-11$56.60$50.0077.8%22.3%70.8%29.5%77.7%9.2%8.5%13-23.5K-5.1K2.1932.40N/AN/A25561,225252
2022-11-14$57.80$50.0085.8%24.6%68.8%37.9%84.8%14.0%4.1%1.0K-169.5K-5.4K2.0252.02N/AN/A29581,235252
2022-11-15$58.40$50.0080.6%23.1%68.9%32.4%80.5%11.8%10.2%688-459.8K-5.8K4.2025.39N/AN/A15621,246223
2022-11-16$57.80$50.0080.8%23.2%68.8%32.7%81.5%9.7%3.5%106-412.1K-5.7K5.9936.44N/AN/A10581,244229
2022-11-17$59.00$50.0086.5%24.8%69.4%38.6%83.3%13.3%-1.2%1.1K-463.3K-5.8K7.2846.35N/AN/A8581,245228
2022-11-18$58.40$50.0086.2%24.7%66.2%38.4%86.4%11.4%-0.2%207-427.0K-5.6K2.2923.84N/AN/A26591,245228
2022-11-21$55.40$50.0082.5%23.7%68.1%34.5%83.5%3.4%-6.5%-2.0K-201.2K-5.5K8.9834.28N/AN/A7621,209217
2022-11-22$54.00$50.0082.7%23.7%65.7%34.6%83.1%0.2%2.0%-2.6K-145.8K-5.2K5.219.20N/AN/A12611,208222
2022-11-23$55.40$50.0073.6%21.1%67.0%25.0%73.7%-2.0%3.6%-2.4K-245.8K-5.4K6.314.76N/AN/A10621,214228
2022-11-25$56.20$50.0075.4%21.6%67.4%26.9%71.1%4.0%13.2%-2.2K-281.5K-5.5K0.008.14N/AN/A201,214229
2022-11-28$52.00$50.0084.3%24.2%71.6%36.3%84.3%-8.8%-4.4%-3.7K-80.7K-5.1K2.086.41N/AN/A491,213229
2022-11-29$51.20$50.0073.2%21.0%69.6%24.7%73.3%-18.5%5.4%-5.5K-12.0K-5.2K1.1369.52N/AN/A451,214239
2022-11-30$55.40$50.0081.3%23.3%77.1%33.2%70.9%5.6%15.2%-3.8K-196.8K-5.5K0.0938.72N/AN/A1111,217242