BIRD Options History — January 2024

In January 2024, BIRD traded between $19.20 and $25.80. ATM implied volatility averaged 173.0%, placing in the 36.4% IV rank vs the trailing year. The 30-day expected move averaged 43.9%. IV traded above realized volatility by 83.2% (HV 20d: 89.7%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.05.

Notable Days

  • 2024-01-22: Highest Volume — 19 contracts
  • 2024-01-16: Largest IV spike — 107.4% change
  • 2024-01-29: Highest IV Rank — 61.8%
  • 2024-01-29: Largest Expected Move — 74.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.26$19.20$25.80$25.80$19.20
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV173.0%70.9%258.1%138.6%219.1%
Expected Move43.9%20.3%74.0%39.7%62.8%
HV 20d89.7%70.7%99.0%88.4%70.7%
HV 60d102.1%99.9%102.8%102.6%99.9%
IV Rank36.4%5.9%61.8%26.1%50.1%
IV Percentile70.7%1.2%95.6%60.3%91.3%
Term Structure-39.6%-70.2%-19.3%-48.3%-70.2%
VWIV127.6%86.2%169.0%86.2%169.0%
Bid-Ask Spread %18.316.2057.8415.0557.84
Gamma HHI0.640.580.690.580.67
Net GEX2.3K1.9K2.8K2.8K2.2K
Net DEX-223.7K-375.7K-149.7K-375.7K-214.6K
Net VEX-3.1K-4.1K-2.6K-4.1K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.050.000.270.050.01
Total Volume4.571019316
Total OI671.19484783761522

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$25.80$50.00138.6%39.7%88.4%26.1%0.0%0.0%-48.3%2.8K-375.7K-4.1K0.0515.05N/AN/A3071249
2024-01-03$25.80$50.00142.8%40.9%88.4%27.3%0.0%0.0%-51.3%2.8K-299.3K-3.7K0.009.82N/AN/A1071449
2024-01-04$23.80$50.00143.5%24.7%93.6%27.5%86.2%0.0%-19.3%2.5K-270.9K-3.5K0.2714.53N/AN/A1071349
2024-01-05$22.40$50.00204.7%24.9%94.6%45.8%0.0%0.0%-21.2%2.3K-220.9K-3.1K0.018.15N/AN/A9071449
2024-01-08$22.40$50.00247.3%29.8%94.5%58.6%0.0%0.0%-23.1%2.3K-246.5K-3.3K0.0014.31N/AN/A3072247
2024-01-09$20.80$50.00202.0%30.2%95.5%45.0%0.0%0.0%-25.7%2.1K-200.5K-3.0K0.008.84N/AN/A2072447
2024-01-10$22.00$50.00115.3%33.1%97.4%19.1%0.0%0.0%-25.0%2.3K-223.8K-3.1K0.0011.56N/AN/A1072547
2024-01-11$20.40$50.00103.1%29.5%99.0%15.5%0.0%0.0%-27.9%2.0K-197.8K-3.0K0.007.07N/AN/A2072547
2024-01-12$20.00$50.0070.9%20.3%95.1%5.9%0.0%0.0%-29.4%2.0K-199.1K-2.9K0.006.20N/AN/A1072647
2024-01-16$19.40$50.00147.1%42.2%94.8%28.6%169.0%0.0%-34.7%2.0K-149.7K-2.6K0.0410.92N/AN/A4072747
2024-01-17$19.20$50.00218.7%62.7%94.5%50.0%0.0%0.0%-36.3%1.9K-176.2K-2.6K0.0416.22N/AN/A8073047
2024-01-18$19.60$50.00165.1%47.3%94.3%34.0%0.0%0.0%-37.0%2.0K-164.5K-2.7K0.2512.01N/AN/A0073845
2024-01-19$19.60$50.00155.7%44.6%93.0%31.2%0.0%0.0%-38.5%2.3K-179.8K-2.7K0.2015.62N/AN/A2073845
2024-01-22$21.20$50.00205.9%59.0%97.7%46.2%0.0%0.0%-40.3%2.3K-222.3K-3.1K0.0013.61N/AN/A19044242
2024-01-23$21.60$50.00153.0%43.8%97.5%30.4%0.0%0.0%-41.3%2.5K-238.1K-3.3K0.0817.98N/AN/A2046142
2024-01-24$20.40$50.00162.4%46.6%95.5%33.2%0.0%0.0%-45.7%2.4K-199.1K-2.9K0.0057.30N/AN/A1046242
2024-01-25$20.40$50.00192.4%55.2%76.4%42.2%0.0%0.0%-47.9%2.3K-231.6K-3.1K0.0011.73N/AN/A13046242
2024-01-26$20.80$50.00198.4%56.9%76.7%43.9%0.0%0.0%-49.4%2.4K-244.8K-3.3K0.0011.73N/AN/A0047542
2024-01-29$21.20$50.00258.1%74.0%75.3%61.8%0.0%0.0%-56.7%2.5K-247.9K-3.3K0.0055.67N/AN/A7047542
2024-01-30$20.40$50.00188.5%54.0%71.8%41.0%0.0%0.0%-62.3%2.4K-195.3K-2.9K0.008.34N/AN/A1047942
2024-01-31$19.20$50.00219.1%62.8%70.7%50.1%0.0%0.0%-70.2%2.2K-214.6K-2.9K0.0157.84N/AN/A16048042