BIRD Options History — April 2023

In April 2023, BIRD traded between $22.60 and $26.20. ATM implied volatility averaged 122.6%, placing in the 22.7% IV rank vs the trailing year. The 30-day expected move averaged 31.7%. IV traded above realized volatility by 29.9% (HV 20d: 92.6%). Max pain ranged from $50.00 to $100.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.17.

Notable Days

  • 2023-04-18: Highest Volume — 31 contracts
  • 2023-04-12: Largest IV drop — 48.9% change
  • 2023-04-10: Highest IV Rank — 38.9%
  • 2023-04-05: Largest Expected Move — 46.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.54$22.60$26.20$23.40$25.00
Max Pain$60.53$50.00$100.00$50.00$100.00
ATM IV122.6%88.4%177.8%144.3%132.0%
Expected Move31.7%25.3%46.5%41.4%37.8%
HV 20d92.6%46.5%236.6%235.7%48.6%
HV 60d147.5%145.9%148.5%148.2%145.9%
IV Rank22.7%12.7%38.9%29.1%25.5%
IV Percentile79.3%47.2%98.0%96.8%92.5%
Term Structure-32.7%-59.7%-19.6%-51.1%-40.5%
VWIV117.4%97.6%164.7%97.6%147.5%
Bid-Ask Spread %26.312.6584.9153.9684.91
Gamma HHI0.660.590.690.680.66
Net GEX4.0K2.8K4.9K3.6K4.5K
Net DEX-256.8K-329.5K-179.7K-189.9K-318.0K
Net VEX-4.4K-4.9K-3.6K-3.9K-4.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.002.140.050.03
Total Volume8.316131136
Total OI778.632732826732767

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$23.40$50.00144.3%41.4%235.7%29.1%0.0%0.0%-51.1%3.6K-189.9K-3.9K0.0553.96N/AN/A12168052
2023-04-04$23.00$50.00144.0%41.3%235.4%29.0%0.0%0.0%-55.2%3.4K-183.9K-3.8K0.2655.96N/AN/A2169152
2023-04-05$22.60$50.00162.3%46.5%235.5%34.4%0.0%0.0%-59.7%2.8K-179.7K-3.6K0.0053.85N/AN/A10069253
2023-04-06$23.40$50.00157.8%27.1%236.6%33.1%0.0%0.0%-19.6%3.7K-235.4K-4.2K0.005.28N/AN/A6070953
2023-04-10$24.60$50.00177.8%27.4%68.3%38.9%0.0%0.0%-20.8%3.9K-236.1K-4.4K0.0256.11N/AN/A6071253
2023-04-11$25.40$50.00175.5%26.1%61.8%38.3%97.6%0.0%-20.7%4.1K-263.3K-4.6K0.006.42N/AN/A24071753
2023-04-12$25.00$50.0089.7%25.7%61.2%13.1%0.0%0.0%-21.7%3.8K-250.8K-4.1K0.0253.75N/AN/A5074053
2023-04-13$25.40$50.00103.3%29.6%59.2%17.1%119.5%0.0%-22.0%4.0K-246.0K-4.2K0.0228.52N/AN/A4074353
2023-04-14$24.60$50.0088.4%25.3%60.2%12.7%0.0%0.0%-23.6%3.4K-245.1K-4.3K0.015.48N/AN/A5075053
2023-04-17$25.40$50.0099.2%28.4%59.9%15.9%105.9%0.0%-25.2%4.6K-293.7K-4.9K0.054.63N/AN/A1075353
2023-04-18$25.80$50.00103.2%29.6%57.6%17.0%114.2%0.0%-25.6%4.3K-265.0K-4.5K0.016.96N/AN/A31074446
2023-04-19$26.20$50.0096.2%27.6%47.2%15.0%0.0%0.0%-26.0%4.9K-283.7K-4.9K0.235.65N/AN/A1077546
2023-04-20$25.00$50.00101.0%28.9%48.7%16.4%102.9%0.0%-28.6%4.6K-258.8K-4.6K0.115.50N/AN/A3077646
2023-04-21$25.40$50.00105.4%30.2%48.9%17.7%0.0%0.0%-29.3%4.7K-298.2K-4.8K0.1755.23N/AN/A23477947
2023-04-24$24.20$50.00115.1%33.0%52.2%20.5%164.7%0.0%-35.1%4.4K-301.6K-4.6K2.145.38N/AN/A1272635
2023-04-25$23.80$100.00113.4%32.5%46.7%20.0%0.0%0.0%-37.3%3.2K-260.3K-4.0K0.004.07N/AN/A2072736
2023-04-26$23.40$100.00110.1%31.6%46.5%19.1%100.0%0.0%-39.7%3.2K-240.3K-3.9K0.032.65N/AN/A4072736
2023-04-27$24.60$100.00110.3%31.6%49.8%19.1%104.7%0.0%-39.4%4.3K-329.5K-4.7K0.015.48N/AN/A4073036
2023-04-28$25.00$100.00132.0%37.8%48.6%25.5%147.5%0.0%-40.5%4.5K-318.0K-4.7K0.0384.91N/AN/A6073136