BRCC Options History — June 2024

In June 2024, BRCC traded between $5.67 and $6.78. ATM implied volatility averaged 53.0%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded below realized volatility by 13.7% (HV 20d: 66.7%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 0.26.

Notable Days

2024-06-25: Highest Volume — 2,292 contracts
2024-06-14: Largest IV spike — 31.1% change
2024-06-04: Highest IV Rank — 29.6%
2024-06-04: Largest Expected Move — 17.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.20	$5.67	$6.78	$5.72	$6.05
Max Pain	$4.63	$4.00	$5.00	$5.00	$5.00
ATM IV	53.0%	40.2%	61.4%	60.1%	55.9%
Expected Move	15.3%	11.5%	17.6%	17.2%	16.0%
HV 20d	66.7%	49.6%	112.5%	110.6%	53.6%
HV 60d	76.4%	73.9%	79.5%	79.5%	76.3%
IV Rank	19.5%	4.1%	29.6%	28.0%	23.0%
IV Percentile	14.2%	0.4%	34.1%	29.8%	16.7%
Term Structure	11.6%	-14.0%	48.6%	11.4%	9.3%
VWIV	56.2%	44.1%	65.4%	59.5%	58.2%
Skew 25d	-5.7%	-23.3%	25.6%	8.2%	-8.1%
Skew 10d	3.4%	-31.6%	49.0%	15.8%	-12.7%
Call IV 25d	54.1%	43.1%	64.0%	54.3%	57.2%
Put IV 25d	48.4%	29.6%	79.3%	62.5%	49.1%
Bid-Ask Spread %	82.93	58.85	106.26	73.28	67.03
Gamma HHI	0.37	0.31	0.50	0.31	0.39
Net GEX	39.5K	24.4K	59.9K	28.7K	35.5K
Net DEX	-3.3M	-4.0M	-2.6M	-2.8M	-2.6M
Net VEX	-9.5K	-10.8K	-8.4K	-10.8K	-9.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.26	0.01	1.67	0.03	0.59
Total Volume	546.316	32	2,292	584	352
Total OI	12,280.895	9,458	13,217	12,706	11,150

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-06-03	$5.72	$5.00	60.1%	17.2%	110.6%	28.0%	59.5%	8.2%	11.4%	28.7K	-2.8M	-10.8K	0.03	73.28	567	17	9,289	3,417
2024-06-04	$5.67	$5.00	61.4%	17.6%	110.7%	29.6%	62.9%	3.2%	0.2%	29.8K	-2.7M	-10.2K	0.17	73.94	300	52	9,337	3,427
2024-06-05	$6.12	$5.00	58.4%	16.7%	112.4%	26.0%	55.8%	-5.7%	-2.8%	39.6K	-3.6M	-10.8K	0.01	84.77	895	13	9,501	3,476
2024-06-06	$6.13	$4.00	54.6%	17.1%	112.5%	21.4%	59.2%	1.6%	10.1%	40.3K	-3.7M	-10.3K	0.39	94.58	44	17	9,389	3,496
2024-06-07	$6.01	$4.00	58.3%	17.3%	72.9%	25.9%	62.7%	-11.5%	28.2%	39.8K	-3.3M	-10.0K	0.33	89.41	24	8	9,407	3,502
2024-06-10	$6.08	$4.00	58.9%	16.4%	59.8%	26.6%	65.4%	25.6%	9.6%	43.3K	-3.4M	-9.2K	1.67	86.60	89	149	9,400	3,503
2024-06-11	$6.12	$4.00	58.0%	17.0%	59.7%	25.4%	58.6%	-8.3%	7.9%	43.8K	-3.6M	-9.2K	0.05	58.85	1,178	57	9,391	3,522
2024-06-12	$5.94	$4.00	51.0%	14.6%	61.3%	17.2%	52.9%	-14.0%	16.3%	46.1K	-3.1M	-9.8K	0.10	79.83	567	55	9,347	3,527
2024-06-13	$6.13	$4.00	43.0%	12.3%	54.5%	7.5%	51.7%	-15.3%	16.1%	59.9K	-3.6M	-8.8K	0.02	88.99	194	3	9,664	3,553
2024-06-14	$6.38	$4.00	56.4%	16.2%	52.6%	23.5%	56.3%	-5.9%	4.0%	45.1K	-3.8M	-9.0K	0.49	93.04	303	150	9,209	3,556
2024-06-17	$6.33	$5.00	42.8%	12.3%	52.3%	7.3%	56.0%	-16.0%	36.3%	44.7K	-3.7M	-8.4K	0.10	106.26	192	19	9,255	3,682
2024-06-18	$6.28	$5.00	55.9%	16.0%	52.5%	23.0%	54.2%	0.0%	14.9%	46.2K	-3.7M	-9.1K	0.20	92.54	263	52	9,308	3,701
2024-06-20	$6.29	$5.00	55.2%	15.8%	50.2%	22.2%	57.6%	-10.1%	3.6%	47.3K	-3.8M	-9.0K	0.54	98.73	156	85	9,359	3,741
2024-06-21	$6.42	$5.00	40.2%	11.5%	50.0%	4.1%	44.1%	-18.1%	10.7%	24.4K	-4.0M	-8.6K	0.01	81.86	660	7	9,389	3,791
2024-06-24	$6.53	$5.00	44.5%	12.7%	49.8%	9.3%	46.5%	-12.9%	-14.0%	26.1K	-2.7M	-8.5K	0.04	79.37	353	13	6,937	2,521
2024-06-25	$6.78	$5.00	53.7%	15.4%	50.9%	20.4%	52.7%	11.9%	7.9%	28.3K	-3.1M	-9.2K	0.04	68.96	2,212	80	7,174	2,533
2024-06-26	$6.46	$5.00	47.0%	13.5%	51.5%	12.3%	56.3%	-23.3%	1.2%	39.3K	-3.1M	-9.4K	0.03	76.43	916	25	8,286	2,585
2024-06-27	$6.44	$5.00	51.2%	14.7%	49.6%	17.3%	56.6%	-9.3%	48.6%	41.7K	-2.9M	-10.0K	0.05	81.21	298	15	8,410	2,602
2024-06-28	$6.05	$5.00	55.9%	16.0%	53.6%	23.0%	58.2%	-8.1%	9.3%	35.5K	-2.6M	-9.7K	0.59	67.03	221	131	8,535	2,615