BIRD Options History — July 2024

In July 2024, BIRD traded between $9.60 and $13.80. ATM implied volatility averaged 133.5%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 39.0%. IV traded above realized volatility by 32.5% (HV 20d: 101.0%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.97.

Notable Days

  • 2024-07-10: Highest Volume — 202 contracts
  • 2024-07-02: Largest IV spike — 99.1% change
  • 2024-07-17: Highest IV Rank — 30.7%
  • 2024-07-17: Largest Expected Move — 62.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.15$9.60$13.80$10.00$12.80
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV133.5%56.6%217.8%56.6%175.6%
Expected Move39.0%16.2%62.4%16.2%50.3%
HV 20d101.0%77.3%115.4%78.0%93.3%
HV 60d95.1%91.9%100.4%92.6%92.1%
IV Rank14.6%0.0%30.7%0.0%22.6%
IV Percentile39.3%0.0%82.9%0.0%64.7%
Term Structure8.4%-130.8%123.1%-21.6%-108.2%
VWIV164.2%91.5%246.5%155.3%107.5%
Skew 25d7.8%-70.7%67.3%31.3%-1.6%
Skew 10d6.0%-36.5%50.8%31.3%-4.9%
Call IV 25d112.5%52.4%187.1%52.4%101.0%
Put IV 25d120.4%83.7%167.8%83.7%99.4%
Bid-Ask Spread %100.3872.33120.23107.65102.53
Gamma HHI0.340.310.410.320.33
Net GEX4.4K2.0K6.4K2.1K5.8K
Net DEX-476.5K-796.7K-102.6K-102.6K-547.3K
Net VEX-2.3K-3.4K-1.1K-1.1K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.0015.430.000.00
Total Volume27.50202773
Total OI1,150.1368541,3088541,265

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$10.00$10.0056.6%16.2%78.0%0.0%0.0%31.3%-21.6%2.1K-102.6K-1.1K0.00107.65N/AN/A77080153
2024-07-02$9.60$10.00112.7%32.3%77.3%10.7%155.3%41.8%96.2%2.1K-182.0K-1.7K0.6977.85N/AN/A7586353
2024-07-03$10.20$10.00121.9%34.9%80.8%12.4%193.0%25.1%83.3%2.0K-135.4K-1.3K15.43108.96N/AN/A0586958
2024-07-05$9.80$10.0097.5%27.7%81.8%7.8%0.0%15.9%91.1%2.2K-149.3K-1.5K0.00113.03N/AN/A8087063
2024-07-08$10.00$10.00109.2%51.5%82.2%10.0%0.0%53.7%-31.7%2.2K-147.6K-1.4K2.77107.03N/AN/A1387163
2024-07-09$10.00$10.00114.5%29.0%82.0%11.0%196.9%2.4%105.0%2.4K-162.2K-1.6K0.00120.23N/AN/A26087266
2024-07-10$11.40$10.00151.9%43.5%94.8%18.1%174.0%31.7%-6.4%3.1K-311.6K-2.3K0.00106.47N/AN/A202089866
2024-07-11$13.40$10.00121.8%34.9%109.8%12.4%121.8%60.6%44.5%3.5K-542.5K-2.4K0.00114.19N/AN/A8201,07366
2024-07-12$12.60$10.00145.7%41.8%112.6%16.9%168.3%-70.7%-24.7%4.7K-522.8K-2.6K0.3990.08N/AN/A1141,14666
2024-07-15$13.20$10.00179.7%51.5%112.3%23.4%220.9%-51.6%-42.8%4.9K-545.4K-2.6K0.0176.44N/AN/A3701,15070
2024-07-16$13.80$10.00160.6%46.0%111.5%19.8%134.8%53.5%-62.2%5.8K-650.9K-3.0K0.6286.87N/AN/A25161,16970
2024-07-17$13.60$10.00217.8%62.4%111.9%30.7%246.5%-2.8%-130.8%5.0K-796.7K-3.4K0.02105.06N/AN/A3811,18686
2024-07-18$12.80$10.00110.3%31.6%114.8%10.2%91.5%-10.2%123.1%3.7K-673.5K-2.5K0.03111.01N/AN/A201,22286
2024-07-19$12.80$10.00202.5%58.1%114.4%27.7%219.4%67.3%-90.0%5.5K-652.2K-2.9K0.0888.64N/AN/A611,22086
2024-07-22$13.40$10.00134.9%38.7%115.2%14.9%0.0%-22.0%-15.8%6.4K-633.3K-2.8K0.00103.08N/AN/A101,20466
2024-07-23$13.60$10.00101.0%29.0%114.1%8.4%0.0%12.8%82.5%3.9K-682.8K-2.4K0.7572.33N/AN/A001,20666
2024-07-24$13.00$10.00168.5%48.3%115.3%21.3%0.0%-26.0%-58.9%5.5K-610.1K-2.8K0.25101.87N/AN/A101,20666
2024-07-25$12.80$10.00100.9%28.9%115.4%8.4%105.3%-39.7%49.6%6.3K-623.9K-2.7K0.00104.27N/AN/A3401,20667
2024-07-26$13.20$10.00124.0%35.5%115.3%12.8%0.0%-21.7%29.7%6.3K-626.9K-2.7K0.00103.15N/AN/A901,19267
2024-07-29$13.00$10.00108.3%31.0%94.5%9.8%107.5%33.6%21.1%6.2K-597.6K-2.5K0.00103.63N/AN/A001,19867
2024-07-30$12.40$10.00120.9%34.7%95.1%12.2%0.0%-11.3%51.5%6.2K-586.1K-2.6K0.20104.06N/AN/A001,19867
2024-07-31$12.80$10.00175.6%50.3%93.3%22.6%0.0%-1.6%-108.2%5.8K-547.3K-2.4K0.00102.53N/AN/A301,19867