BIRD Options History — November 2023

In November 2023, BIRD traded between $13.40 and $20.40. ATM implied volatility averaged 194.0%, placing in the 43.7% IV rank vs the trailing year. The 30-day expected move averaged 50.0%. IV traded above realized volatility by 84.3% (HV 20d: 109.7%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.12.

Notable Days

  • 2023-11-09: Highest Volume — 21 contracts
  • 2023-11-08: Largest IV drop — 47.9% change
  • 2023-11-07: Highest IV Rank — 60.2%
  • 2023-11-30: Largest Expected Move — 68.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.44$13.40$20.40$16.00$18.20
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV194.0%130.4%250.4%208.1%237.3%
Expected Move50.0%31.3%68.0%59.7%68.0%
HV 20d109.7%71.1%132.6%71.1%131.3%
HV 60d80.2%61.3%91.5%84.2%91.5%
IV Rank43.7%25.0%60.2%47.8%56.4%
IV Percentile88.8%65.1%96.8%94.4%96.4%
Term Structure-52.6%-86.7%-29.5%-81.8%-86.7%
VWIV180.8%141.7%219.8%141.7%219.8%
Bid-Ask Spread %16.472.8453.004.5410.32
Gamma HHI0.650.571.000.590.61
Net GEX1.4K02.0K1.3K1.7K
Net DEX-161.6K-221.7K57.6K-148.8K-194.0K
Net VEX-2.4K-3.1K-19-2.4K-2.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.120.001.670.001.67
Total Volume4.85702111
Total OI923.524910936910931

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$16.00$50.00208.1%59.7%71.1%47.8%0.0%0.0%-81.8%1.3K-148.8K-2.4K0.004.54N/AN/A1087139
2023-11-02$18.00$50.00194.5%33.4%85.0%43.8%0.0%0.0%-29.5%1.6K-195.0K-2.8K0.004.68N/AN/A5087139
2023-11-03$18.60$50.00209.4%35.1%85.7%48.2%0.0%0.0%-29.5%1.6K-219.5K-2.9K0.054.91N/AN/A1087439
2023-11-06$18.40$50.00233.5%31.3%74.5%55.2%0.0%0.0%-32.4%1.6K-198.8K-2.8K0.1345.53N/AN/A0087439
2023-11-07$18.80$50.00250.4%37.2%74.0%60.2%0.0%0.0%-32.7%1.6K-220.5K-2.9K0.002.84N/AN/A6087438
2023-11-08$18.60$50.00130.4%37.4%73.3%25.0%141.7%0.0%-34.0%1.7K-202.6K-2.9K0.1245.64N/AN/A3088038
2023-11-09$14.80$50.00177.2%50.8%109.2%38.8%0.0%0.0%-42.3%057.6K-190.017.97N/AN/A21088339
2023-11-10$13.40$50.00187.5%53.7%113.4%41.8%0.0%0.0%-46.9%049.4K-190.106.78N/AN/A6189537
2023-11-13$13.40$50.00195.8%56.1%107.4%44.2%0.0%0.0%-51.7%050.0K-190.035.90N/AN/A3089637
2023-11-14$15.00$50.00191.8%55.0%115.5%43.0%0.0%0.0%-49.2%1.3K-108.7K-2.1K0.0346.38N/AN/A11089737
2023-11-15$16.20$50.00186.0%53.3%119.6%41.3%0.0%0.0%-48.0%1.4K-183.7K-2.5K0.078.42N/AN/A5089137
2023-11-16$17.60$50.00154.0%44.1%123.2%31.9%0.0%0.0%-46.5%1.5K-207.4K-2.8K0.076.30N/AN/A8189237
2023-11-17$18.40$50.00175.3%50.3%124.2%38.2%0.0%0.0%-46.4%1.7K-209.5K-2.9K0.018.78N/AN/A7090036
2023-11-20$19.00$50.00174.9%50.1%124.0%38.1%0.0%0.0%-50.7%1.7K-213.5K-2.9K0.008.66N/AN/A7088336
2023-11-21$17.40$50.00198.5%56.9%128.1%45.0%0.0%0.0%-57.1%1.5K-184.1K-2.6K0.0045.95N/AN/A1088836
2023-11-22$17.60$50.00188.7%54.1%126.5%42.1%0.0%0.0%-59.0%1.6K-194.2K-2.6K0.007.01N/AN/A0088836
2023-11-24$17.80$50.00198.0%56.8%126.1%44.9%0.0%0.0%-63.7%1.6K-210.8K-2.6K0.006.86N/AN/A0088836
2023-11-27$19.40$50.00192.1%55.1%129.5%43.1%219.8%0.0%-69.0%1.8K-215.8K-2.9K0.037.92N/AN/A8088836
2023-11-28$20.40$50.00188.5%54.0%130.3%42.1%0.0%0.0%-69.3%2.0K-221.6K-3.1K0.157.49N/AN/A5189136
2023-11-29$19.20$50.00202.2%58.0%132.6%46.1%0.0%0.0%-77.8%1.9K-221.7K-3.0K0.0053.00N/AN/A0089635
2023-11-30$18.20$50.00237.3%68.0%131.3%56.4%0.0%0.0%-86.7%1.7K-194.0K-2.7K1.6710.32N/AN/A0189635