BIRD Options History — December 2022

In December 2022, BIRD traded between $45.00 and $62.60. ATM implied volatility averaged 78.1%, placing in the 33.1% IV rank vs the trailing year. The 30-day expected move averaged 22.3%. IV traded below realized volatility by 1.2% (HV 20d: 79.3%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.58.

Notable Days

  • 2022-12-09: Highest Volume — 25 contracts
  • 2022-12-09: Largest IV spike — 50.0% change
  • 2022-12-13: Highest IV Rank — 58.6%
  • 2022-12-28: Largest Expected Move — 26.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.14$45.00$62.60$57.40$48.00
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV78.1%45.1%103.6%45.1%72.8%
Expected Move22.3%12.9%26.3%12.9%20.9%
HV 20d79.3%62.2%92.3%76.4%86.4%
HV 60d68.2%62.2%74.5%63.8%71.2%
IV Rank33.1%0.0%58.6%0.0%27.8%
IV Percentile23.6%0.0%73.4%0.0%12.7%
Term Structure5.9%-7.5%29.3%29.3%7.1%
VWIV78.6%49.1%92.2%49.1%72.8%
Skew 25d83.0%82.9%83.1%83.1%82.9%
Skew 10d17.1%16.2%18.0%16.2%18.0%
Call IV 25d50.0%49.1%50.9%49.1%50.9%
Put IV 25d133.0%132.2%133.8%132.2%133.8%
Bid-Ask Spread %40.458.6367.9833.9517.97
Gamma HHI0.680.480.880.480.56
Net GEX1.4K-4.7K4.6K-9943.3K
Net DEX-276.6K-614.9K-56.6K-444.5K-108.3K
Net VEX-4.8K-5.4K-3.7K-5.1K-4.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.007.180.010.00
Total Volume11.7621252410
Total OI1,036.1434021,5021,461463

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$57.40$50.0045.1%12.9%76.4%0.0%49.1%83.1%29.3%-994-444.5K-5.1K0.0133.95N/AN/A2401,218243
2022-12-02$57.40$50.0054.5%15.6%75.4%9.4%58.0%82.9%28.3%-1.9K-400.4K-5.3K0.3122.67N/AN/A931,226243
2022-12-05$56.60$50.0072.1%22.2%74.8%27.1%77.6%0.0%6.4%-3.5K-290.9K-5.4K0.8324.42N/AN/A221,234246
2022-12-06$54.60$50.0093.3%24.3%75.3%48.3%84.7%0.0%1.2%-4.7K-161.9K-5.4K0.0520.18N/AN/A1311,235246
2022-12-07$54.20$50.0072.3%24.7%67.8%27.2%86.1%0.0%0.4%-4.5K-149.0K-5.3K0.4456.15N/AN/A311,235247
2022-12-08$56.60$50.0056.5%23.0%62.2%11.5%80.2%0.0%6.8%-1.5K-413.6K-5.2K0.3659.56N/AN/A101,238248
2022-12-09$62.60$50.0084.8%23.5%70.7%39.8%86.1%0.0%-1.1%4.6K-614.9K-5.4K0.348.63N/AN/A1961,237248
2022-12-12$58.40$50.0093.4%23.4%70.6%48.4%82.5%0.0%9.6%4.0K-504.5K-5.3K0.3054.92N/AN/A621,241254
2022-12-13$58.80$50.00103.6%21.2%70.3%58.6%74.9%0.0%11.5%3.9K-506.1K-5.2K0.0430.23N/AN/A801,245255
2022-12-14$58.00$50.0077.6%22.3%70.3%32.6%77.7%0.0%8.8%3.9K-509.3K-5.2K0.0566.37N/AN/A1211,247255
2022-12-15$58.40$50.0078.0%22.4%70.3%33.0%78.0%0.0%15.4%3.4K-498.5K-5.2K7.1866.41N/AN/A1101,236255
2022-12-16$59.60$50.0079.5%22.8%70.3%34.5%79.3%0.0%8.8%3.7K-476.4K-4.6K0.6567.98N/AN/A1281,235253
2022-12-19$51.00$50.0082.9%23.8%89.6%37.9%82.9%0.0%2.9%2.5K-116.8K-4.5K0.2723.87N/AN/A195274128
2022-12-20$47.00$50.0082.4%23.6%92.1%37.4%82.4%0.0%4.5%2.2K-103.4K-4.3K0.2117.89N/AN/A92293130
2022-12-21$46.20$50.0083.7%24.0%91.9%38.7%83.7%0.0%-7.5%2.2K-79.6K-4.3K0.0717.84N/AN/A101300131
2022-12-22$45.80$50.0081.7%23.4%91.1%36.7%81.7%0.0%-4.9%2.5K-59.7K-4.3K0.2256.31N/AN/A92307131
2022-12-23$47.60$50.0072.6%20.8%92.3%27.6%0.0%0.0%5.7%3.0K-131.6K-4.3K0.0063.64N/AN/A20309131
2022-12-27$45.20$50.0082.0%23.5%90.2%37.0%82.0%0.0%-1.1%2.7K-74.0K-4.4K0.0767.96N/AN/A71311131
2022-12-28$45.00$50.0091.9%26.3%90.1%46.9%92.2%0.0%-7.4%2.7K-56.6K-4.3K0.5855.55N/AN/A106315131
2022-12-29$47.60$50.0080.0%22.9%87.6%35.0%80.0%0.0%-0.8%2.9K-108.3K-3.7K0.2316.95N/AN/A82318136
2022-12-30$48.00$50.0072.8%20.9%86.4%27.8%72.8%0.0%7.1%3.3K-108.3K-4.9K0.0017.97N/AN/A100325138