BIRD Options History — August 2024

In August 2024, BIRD traded between $11.20 and $17.20. ATM implied volatility averaged 130.6%, placing in the 14.1% IV rank vs the trailing year. The 30-day expected move averaged 34.0%. IV traded above realized volatility by 50.2% (HV 20d: 80.4%). 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 8 of 22 days. Put/call ratio averaged 0.49.

Notable Days

  • 2024-08-08: Highest Volume — 43 contracts
  • 2024-08-13: Largest IV spike — 50.3% change
  • 2024-08-13: Highest IV Rank — 31.9%
  • 2024-08-01: Largest Expected Move — 52.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.77$11.20$17.20$12.80$14.00
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV130.6%70.5%224.4%181.4%111.2%
Expected Move34.0%20.2%52.0%52.0%31.9%
HV 20d80.4%68.5%101.8%91.8%76.5%
HV 60d85.7%82.5%92.2%92.1%85.3%
IV Rank14.1%2.6%31.9%23.7%10.4%
IV Percentile35.2%2.0%85.3%67.1%23.4%
Term Structure-16.2%-141.6%50.9%-79.3%-3.7%
VWIV145.7%86.4%246.3%246.3%139.3%
Skew 25d29.1%-43.0%78.5%36.0%62.5%
Skew 10d17.6%-25.0%58.3%24.4%26.0%
Call IV 25d99.8%60.9%167.0%167.0%110.4%
Put IV 25d128.9%98.9%203.0%203.0%172.9%
Bid-Ask Spread %87.6363.59115.22102.3278.72
Gamma HHI0.410.320.480.320.44
Net GEX4.5K3.2K6.4K5.4K3.7K
Net DEX-496.2K-713.6K-330.5K-551.4K-336.9K
Net VEX-2.2K-2.8K-1.7K-2.3K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.006.000.020.33
Total Volume10.545143254
Total OI1,196.7731,0421,3421,2681,074

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$12.80$10.00181.4%52.0%91.8%23.7%246.3%36.0%-79.3%5.4K-551.4K-2.3K0.02102.32N/AN/A2411,20167
2024-08-02$11.60$10.00145.3%41.7%98.3%16.9%189.8%72.8%3.5%6.0K-480.7K-2.3K0.19115.22N/AN/A101,20867
2024-08-05$11.20$10.00208.7%45.7%99.3%28.9%0.0%-1.2%-141.6%5.4K-410.8K-2.0K2.3175.36N/AN/A131,20767
2024-08-06$12.00$10.00165.0%49.1%101.8%20.6%173.2%77.1%-23.7%6.0K-489.5K-2.2K0.0092.80N/AN/A1501,20870
2024-08-07$12.60$10.00208.3%42.9%92.5%28.9%191.0%-43.0%-37.9%3.5K-629.5K-2.2K0.0281.07N/AN/A2311,22170
2024-08-08$12.40$10.00176.3%48.5%71.8%22.8%168.9%78.5%-24.3%3.6K-590.6K-2.0K0.2380.58N/AN/A3581,24671
2024-08-09$12.40$10.00141.6%39.7%68.5%16.2%0.0%10.9%50.9%3.5K-605.9K-2.2K0.0068.62N/AN/A201,26181
2024-08-12$11.60$10.00149.3%35.4%69.9%17.6%147.1%-2.3%12.6%3.2K-501.1K-1.7K0.0084.90N/AN/A101,26181
2024-08-13$12.20$10.00224.4%29.4%70.5%31.9%112.2%-11.1%35.4%3.5K-564.2K-2.0K0.6184.24N/AN/A111,26180
2024-08-14$12.60$10.00141.6%40.6%71.7%16.2%0.0%19.5%-26.0%3.6K-567.1K-1.9K0.0084.47N/AN/A601,26180
2024-08-15$13.60$10.0090.0%25.8%73.8%6.4%97.3%42.3%-15.5%4.1K-652.7K-2.2K6.0097.52N/AN/A131,25680
2024-08-16$14.40$10.00101.8%29.2%76.2%8.6%113.5%16.8%-38.4%4.5K-713.6K-2.3K0.00107.52N/AN/A901,25682
2024-08-19$14.60$10.00103.8%29.8%74.8%9.0%111.7%26.0%-59.0%4.2K-330.5K-1.9K0.2379.28N/AN/A23596775
2024-08-20$14.80$10.0075.1%21.5%74.8%3.5%0.0%30.5%-16.5%4.5K-363.1K-2.1K0.0063.59N/AN/A2096978
2024-08-21$15.40$10.0088.7%25.4%73.4%6.1%130.8%37.1%22.8%5.0K-452.4K-2.4K0.0081.87N/AN/A14097077
2024-08-22$16.60$10.0079.0%22.6%76.5%4.3%0.0%50.0%43.0%5.9K-492.7K-2.5K0.72100.12N/AN/A3397177
2024-08-23$17.20$10.0081.3%23.3%76.6%4.7%157.7%55.6%3.8%6.4K-567.8K-2.8K0.0185.46N/AN/A18097380
2024-08-26$16.60$10.0070.5%20.2%77.9%2.6%142.9%46.5%42.4%6.3K-528.8K-2.7K0.0999.31N/AN/A15198580
2024-08-27$15.20$10.0081.8%23.4%83.3%4.8%86.4%-8.9%-2.1%3.9K-376.0K-2.1K0.0993.84N/AN/A2099081
2024-08-28$14.80$10.00119.1%34.2%83.8%11.9%123.5%52.9%-43.8%3.8K-361.3K-2.0K0.0077.99N/AN/A2098881
2024-08-29$14.40$10.00128.6%36.9%84.7%13.7%0.0%-7.3%-59.2%3.7K-349.7K-1.9K0.0093.00N/AN/A4098981
2024-08-30$14.00$10.00111.2%31.9%76.5%10.4%139.3%62.5%-3.7%3.7K-336.9K-2.0K0.3378.72N/AN/A3199381