BIRD Options History — September 2024

In September 2024, BIRD traded between $10.30 and $14.17. ATM implied volatility averaged 137.7%, placing in the 15.4% IV rank vs the trailing year. The 30-day expected move averaged 42.6%. IV traded above realized volatility by 16.9% (HV 20d: 120.8%). Max pain ranged from $1.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 1.22.

Notable Days

  • 2024-09-03: Highest Volume — 12 contracts
  • 2024-09-11: Largest IV spike — 45.0% change
  • 2024-09-13: Highest IV Rank — 20.5%
  • 2024-09-06: Largest Expected Move — 47.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.07$10.30$14.17$11.80$11.89
Max Pain$1.90$1.00$10.00$10.00$1.00
ATM IV137.7%80.1%164.2%100.1%150.8%
Expected Move42.6%28.7%47.4%28.7%43.2%
HV 20d120.8%95.0%137.8%98.9%130.7%
HV 60d102.6%92.4%110.0%92.4%103.3%
IV Rank15.4%4.5%20.5%8.3%17.9%
IV Percentile43.5%3.6%59.5%12.7%54.0%
Term Structure-4.4%-66.9%60.0%-5.3%-11.6%
VWIV148.3%105.2%191.4%105.2%191.4%
Skew 25d4.2%-10.5%52.1%9.7%0.0%
Skew 10d7.0%-10.8%57.5%13.9%0.2%
Call IV 25d141.1%84.8%165.5%95.2%140.5%
Put IV 25d145.3%104.9%176.3%104.9%140.5%
Bid-Ask Spread %16.953.04107.5365.2711.06
Gamma HHI0.360.340.420.380.34
Net GEX9.1K2.9K11.1K2.9K10.5K
Net DEX-20.3M-27.4M-222.0K-222.0K-20.5M
Net VEX-7.4K-8.8K-1.4K-1.6K-7.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.221.211.231.211.23
Total Volume0.8012120
Total OI18,740.31,07621,6441,07619,026

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$11.80$10.00100.1%28.7%98.9%8.3%105.2%9.7%-5.3%2.9K-222.0K-1.6K1.2165.27N/AN/A5799581
2024-09-04$11.40$10.00138.4%39.7%96.5%15.6%191.4%52.1%-66.9%3.1K-240.1K-1.4K1.23107.53N/AN/A2299785
2024-09-05$11.05$1.0080.1%43.8%95.0%4.5%0.0%47.2%60.0%11.1K-21.3M-7.9K0.003.04N/AN/A0019,9131,731
2024-09-06$10.30$1.00110.9%47.4%97.6%10.3%0.0%0.0%-5.4%9.8K-19.7M-8.8K0.0011.31N/AN/A0019,8111,731
2024-09-09$11.14$1.0098.1%40.3%102.5%7.9%0.0%0.0%19.7%9.8K-21.4M-8.4K0.008.05N/AN/A0019,8721,707
2024-09-10$10.95$1.00100.0%41.7%100.0%8.3%0.0%-1.4%2.3%9.8K-21.1M-8.4K0.007.74N/AN/A0019,8721,746
2024-09-11$10.84$1.00145.0%41.6%98.0%16.8%0.0%-0.9%-0.8%9.8K-20.8M-8.3K0.007.74N/AN/A0019,8561,746
2024-09-12$14.17$1.00145.2%41.6%137.8%16.8%0.0%-1.6%-3.2%8.6K-27.4M-8.6K0.0010.88N/AN/A0019,8391,731
2024-09-13$13.34$1.00164.2%47.1%137.1%20.5%0.0%12.1%-19.0%8.6K-25.7M-8.3K0.008.79N/AN/A0019,8171,731
2024-09-16$12.94$1.00156.5%44.9%135.7%19.0%0.0%-0.9%0.4%9.5K-25.0M-7.9K0.009.05N/AN/A0019,8141,731
2024-09-17$12.60$1.00156.4%44.8%135.7%19.0%0.0%-4.2%-0.0%9.5K-24.3M-7.8K0.008.80N/AN/A0019,8121,731
2024-09-18$12.63$1.00149.6%42.9%135.5%17.7%0.0%-1.2%6.1%9.5K-24.4M-7.9K0.009.82N/AN/A0019,8121,731
2024-09-19$12.85$1.00150.3%43.1%134.7%17.8%0.0%-1.7%-6.1%9.6K-24.8M-7.8K0.0010.31N/AN/A0019,8121,731
2024-09-20$12.99$1.00156.8%45.0%131.2%19.1%0.0%-10.5%-14.5%9.5K-25.0M-7.7K0.009.43N/AN/A0019,7501,731
2024-09-23$12.58$1.00156.5%44.9%130.2%19.0%0.0%-0.9%-13.8%9.6K-21.4M-7.7K0.009.48N/AN/A0017,5111,207
2024-09-24$12.05$1.00150.4%43.1%130.3%17.8%0.0%-6.9%-8.3%10.3K-20.8M-8.1K0.009.96N/AN/A0017,8611,207
2024-09-25$11.55$1.00150.2%43.0%128.0%17.8%0.0%-1.6%-6.6%10.4K-19.8M-8.4K0.009.56N/AN/A0017,8201,206
2024-09-26$12.32$1.00145.0%41.6%130.8%16.8%0.0%-4.0%-10.1%10.4K-21.3M-7.9K0.0011.65N/AN/A0017,8201,206
2024-09-27$11.95$1.00150.0%43.0%130.9%17.7%0.0%-1.3%-5.2%10.4K-20.6M-7.9K0.009.58N/AN/A0017,8201,206
2024-09-30$11.89$1.00150.8%43.2%130.7%17.9%0.0%0.0%-11.6%10.5K-20.5M-7.8K0.0011.06N/AN/A0017,8201,206