BIRD Options History — October 2023

In October 2023, BIRD traded between $16.60 and $23.40. ATM implied volatility averaged 183.2%, placing in the 40.5% IV rank vs the trailing year. The 30-day expected move averaged 49.1%. IV traded above realized volatility by 116.7% (HV 20d: 66.5%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.60.

Notable Days

  • 2023-10-05: Highest Volume — 13 contracts
  • 2023-10-16: Largest IV spike — 56.7% change
  • 2023-10-10: Highest IV Rank — 74.2%
  • 2023-10-16: Largest Expected Move — 64.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.03$16.60$23.40$23.40$17.20
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV183.2%131.5%298.0%209.6%195.0%
Expected Move49.1%34.7%64.3%60.1%55.9%
HV 20d66.5%50.6%75.0%50.6%69.6%
HV 60d86.7%83.5%92.3%87.9%83.6%
IV Rank40.5%25.4%74.2%48.2%44.0%
IV Percentile89.2%73.0%98.8%96.4%93.7%
Term Structure-24.3%-72.7%92.0%-30.6%-72.7%
VWIV172.5%145.3%199.6%145.3%199.6%
Bid-Ask Spread %23.483.3290.1223.323.32
Gamma HHI0.550.520.570.520.56
Net GEX1.6K1.3K1.9K1.9K1.4K
Net DEX-230.7K-308.2K-173.3K-308.2K-198.1K
Net VEX-3.0K-3.8K-2.4K-3.8K-2.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.005.820.000.33
Total Volume2.18201300
Total OI906.864901911910910

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$23.40$50.00209.6%60.1%50.6%48.2%0.0%0.0%-30.6%1.9K-308.2K-3.8K0.0023.32N/AN/A0085555
2023-10-03$22.00$50.00183.8%52.7%53.7%40.7%0.0%0.0%-36.0%1.9K-267.8K-3.6K0.0031.01N/AN/A1085555
2023-10-04$20.80$50.00160.4%46.0%55.7%33.8%0.0%0.0%-65.1%1.9K-300.0K-3.2K0.0012.64N/AN/A0085555
2023-10-05$20.80$50.00186.3%45.0%55.8%41.4%0.0%0.0%68.0%1.6K-268.2K-3.3K3.2127.15N/AN/A31085555
2023-10-06$21.20$50.00177.3%56.5%56.0%38.8%0.0%0.0%-22.4%1.8K-277.4K-3.3K0.0032.30N/AN/A1085645
2023-10-09$18.80$50.00212.2%40.1%64.5%49.0%0.0%0.0%-27.4%1.6K-257.1K-3.0K0.8890.12N/AN/A1185745
2023-10-10$19.40$50.00298.0%34.7%64.0%74.2%0.0%0.0%76.8%1.7K-244.8K-3.0K0.0015.04N/AN/A3085746
2023-10-11$18.80$50.00131.5%37.7%63.8%25.4%145.3%0.0%92.0%1.6K-222.4K-2.9K1.045.81N/AN/A1185946
2023-10-12$18.60$50.00166.5%47.7%63.5%35.6%0.0%0.0%-9.2%1.6K-217.8K-2.9K0.008.70N/AN/A4086044
2023-10-13$18.00$50.00143.1%41.0%63.0%28.7%0.0%0.0%-10.4%1.5K-180.9K-2.7K5.8218.39N/AN/A1586044
2023-10-16$19.60$50.00224.3%64.3%72.6%52.5%0.0%0.0%-33.2%1.8K-246.0K-3.1K0.0063.89N/AN/A3086049
2023-10-17$20.40$50.00140.2%40.2%74.3%27.9%0.0%0.0%-12.7%1.7K-216.8K-3.2K0.0615.04N/AN/A1086149
2023-10-18$19.60$50.00137.6%39.4%75.0%27.1%0.0%0.0%-35.6%1.7K-196.3K-3.0K0.006.84N/AN/A1086249
2023-10-19$18.80$50.00148.1%42.5%73.1%30.2%0.0%0.0%-38.4%1.5K-219.4K-2.8K0.004.51N/AN/A0086249
2023-10-20$18.40$50.00212.4%60.9%72.7%49.1%0.0%0.0%-40.7%1.5K-215.0K-2.8K0.0057.05N/AN/A0086249
2023-10-23$17.80$50.00167.1%47.9%72.9%35.8%0.0%0.0%-47.3%1.5K-174.8K-2.7K0.005.71N/AN/A0086148
2023-10-24$18.00$50.00172.0%49.3%72.1%37.2%0.0%0.0%-49.0%1.7K-234.8K-2.8K0.008.13N/AN/A0086240
2023-10-25$17.00$50.00184.4%52.9%73.7%40.8%0.0%0.0%-53.8%1.3K-218.3K-2.6K0.0058.58N/AN/A0186240
2023-10-26$16.60$50.00184.9%53.0%73.6%41.0%199.6%0.0%-57.6%1.3K-207.5K-2.6K0.036.63N/AN/A6086240
2023-10-27$16.60$50.00189.2%54.2%72.9%42.3%0.0%0.0%-60.4%1.8K-229.7K-2.6K0.0018.05N/AN/A3086739
2023-10-30$16.80$50.00206.2%59.1%70.3%47.2%0.0%0.0%-70.0%1.4K-173.3K-2.4K0.004.29N/AN/A1087039
2023-10-31$17.20$50.00195.0%55.9%69.6%44.0%0.0%0.0%-72.7%1.4K-198.1K-2.7K0.333.32N/AN/A0087139