BRCC Options History — August 2022

In August 2022, BRCC traded between $8.46 and $10.92. ATM implied volatility averaged 112.2%, placing in the 9.7% IV rank vs the trailing year. The 30-day expected move averaged 32.6%. IV traded above realized volatility by 53.4% (HV 20d: 58.7%). Max pain ranged from $9.00 to $10.00. Net GEX was positive for 12 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 1.51.

Notable Days

  • 2022-08-12: Highest Volume — 9,683 contracts
  • 2022-08-10: Largest IV spike — 9.5% change
  • 2022-08-30: Highest IV Rank — 12.3%
  • 2022-08-02: Largest Expected Move — 42.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.67$8.46$10.92$9.44$9.68
Max Pain$9.78$9.00$10.00$10.00$10.00
ATM IV112.2%99.7%122.6%117.4%106.0%
Expected Move32.6%29.2%42.4%39.1%29.9%
HV 20d58.7%47.7%81.2%57.2%81.2%
HV 60d84.0%80.1%92.0%92.0%86.5%
IV Rank9.7%6.7%12.3%6.7%10.1%
IV Percentile7.9%2.4%15.4%2.4%7.6%
Term Structure-0.2%-11.8%14.5%-9.2%0.8%
VWIV111.4%100.0%143.9%121.6%104.2%
Skew 25d1.4%-53.1%14.9%2.1%3.3%
Skew 10d-6.9%-78.9%33.5%24.2%5.0%
Call IV 25d113.8%97.9%167.6%118.3%103.9%
Put IV 25d115.2%105.9%131.2%120.4%107.1%
Bid-Ask Spread %59.1138.00100.7586.2640.38
Gamma HHI0.200.110.390.250.12
Net GEX-31.1K-149.9K111.5K-92.1K20.0K
Net DEX1.8M-1.6M5.7M4.0M1.6M
Net VEX-20.2K-23.4K-17.7K-21.9K-19.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.510.294.250.661.25
Total Volume2,499.8266479,6832,8822,717
Total OI28,363.8723,26234,48726,51426,815

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-08-01$9.44$10.00117.4%39.1%57.2%0.0%121.6%2.1%-9.2%-92.1K4.0M-21.9K0.6686.261,7411,14111,01715,497
2022-08-02$9.02$10.00122.6%42.4%59.2%0.0%133.1%6.6%-4.6%-77.4K4.6M-22.0K1.03100.751,2081,24511,58415,734
2022-08-03$8.80$10.00119.0%37.4%57.4%0.0%143.9%5.0%-4.7%-96.8K4.9M-21.0K1.0381.521,2131,24511,71015,984
2022-08-04$8.91$9.00118.3%33.4%56.3%0.0%112.5%-4.4%0.4%-107.2K4.9M-21.4K1.1066.071,1091,22311,81616,114
2022-08-05$8.78$9.00115.9%32.0%55.8%0.0%102.1%-16.5%-6.0%-97.9K5.3M-20.8K1.0269.341,4531,47611,89516,197
2022-08-08$8.71$9.00111.6%31.3%55.9%0.0%108.1%-53.1%3.4%-108.7K4.9M-19.1K1.3070.861,3901,80211,44015,575
2022-08-09$8.46$9.00107.0%30.9%48.0%0.0%104.4%6.3%3.9%-118.2K5.7M-17.9K4.1871.4912552211,86016,248
2022-08-10$8.68$9.00117.2%29.9%47.7%0.0%106.1%5.7%-11.8%-149.9K5.4M-17.7K1.5365.6041062811,89916,591
2022-08-11$9.74$10.00114.7%33.3%60.1%0.0%119.4%1.3%8.6%-76.9K2.3M-19.9K0.3747.315,3151,94312,35517,002
2022-08-12$10.18$10.00114.9%34.5%60.8%0.0%121.9%6.6%2.4%-112.9K279.0K-19.8K0.3246.927,3362,34714,06618,013
2022-08-15$10.27$10.00120.4%34.6%60.7%0.0%120.1%10.9%-4.1%629-843.0K-23.4K1.5345.799061,38716,69615,003
2022-08-16$10.24$10.00114.1%32.7%58.6%0.0%115.2%0.8%-2.8%2.3K-523.5K-22.3K3.1148.053281,02017,35315,947
2022-08-17$10.00$10.00116.2%33.3%57.3%0.0%115.5%3.6%-2.1%-63.5K96.5K-21.2K4.2548.0618779417,40716,564
2022-08-18$10.13$10.00110.4%31.8%55.9%0.0%105.1%14.9%-0.9%13.3K-104.7K-20.9K2.6843.9527573717,46417,023
2022-08-19$10.20$10.00109.2%31.0%55.5%0.0%103.5%7.8%0.7%22.9K-1.1M-20.2K0.4445.661,87582717,51416,918
2022-08-22$9.76$10.00111.9%30.9%57.0%0.0%111.6%1.0%-3.4%15.5K722.7K-19.4K1.8354.0844681814,2089,054
2022-08-23$9.99$10.00107.2%31.0%57.4%0.0%105.1%0.7%0.7%19.9K446.9K-19.1K2.0454.954941,00814,5179,494
2022-08-24$10.10$10.0099.7%30.5%56.5%6.7%101.4%3.8%1.3%21.3K350.7K-18.9K1.6859.1838464414,80310,101
2022-08-25$10.49$10.00103.5%29.4%56.6%8.8%100.8%6.9%5.1%58.5K-584.5K-19.8K0.5252.421,60483015,05210,381
2022-08-26$10.50$10.00107.9%29.2%56.6%11.2%100.4%8.6%14.5%111.5K-883.5K-20.4K0.2953.721,26636115,83810,937
2022-08-29$10.92$10.00104.7%29.6%57.9%9.4%100.0%7.5%7.8%88.5K-1.6M-20.4K1.1438.0071381315,2949,555
2022-08-30$9.32$10.00109.9%30.7%80.8%12.3%107.4%3.7%-4.8%12.2K1.8M-18.8K1.4569.258931,29715,76810,066
2022-08-31$9.68$10.00106.0%29.9%81.2%10.1%104.2%3.3%0.8%20.0K1.6M-19.2K1.2540.381,2051,51216,14310,672