BRCC Options History — August 2024

In August 2024, BRCC traded between $3.37 and $5.67. ATM implied volatility averaged 72.1%, placing in the 42.4% IV rank vs the trailing year. The 30-day expected move averaged 19.4%. IV traded below realized volatility by 75.5% (HV 20d: 147.6%). Max pain ranged from $4.00 to $6.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.23.

Notable Days

  • 2024-08-08: Highest Volume — 1,548 contracts
  • 2024-08-08: Largest IV drop — 46.1% change
  • 2024-08-05: Highest IV Rank — 94.6%
  • 2024-08-05: Largest Expected Move — 28.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.34$3.37$5.67$5.67$4.44
Max Pain$4.91$4.00$6.00$6.00$4.00
ATM IV72.1%53.7%115.6%88.6%65.3%
Expected Move19.4%12.6%28.8%25.4%18.7%
HV 20d147.6%47.5%178.3%48.4%177.8%
HV 60d99.8%53.7%110.6%75.6%107.6%
IV Rank42.4%20.3%94.6%62.2%34.2%
IV Percentile49.8%7.9%99.6%90.1%43.7%
Term Structure2.1%-29.0%49.7%-26.8%-7.1%
VWIV71.1%34.4%208.7%77.8%65.3%
Skew 25d6.8%-47.9%67.4%9.0%30.7%
Skew 10d37.7%-15.6%241.1%16.8%21.6%
Call IV 25d61.1%33.0%135.5%90.1%33.0%
Put IV 25d67.9%45.4%103.3%99.0%63.6%
Bid-Ask Spread %85.8964.05122.5978.2670.84
Gamma HHI0.250.190.570.260.23
Net GEX17.5K5.1K41.0K23.8K19.1K
Net DEX-1.0M-2.1M14.2K-2.1M-1.4M
Net VEX-8.3K-10.4K-5.8K-10.2K-8.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.011.141.140.22
Total Volume398.227451,54845295
Total OI13,229.68211,85615,03311,86913,610

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$5.67$6.0088.6%25.4%48.4%62.2%77.8%9.0%-26.8%23.8K-2.1M-10.2K1.1478.2621248,4353,434
2024-08-02$5.58$6.0092.5%26.5%47.5%66.9%94.0%1.4%-29.0%22.5K-2.0M-10.4K0.1076.86510518,4383,418
2024-08-05$5.16$6.00115.6%28.8%53.9%94.6%208.7%-47.9%40.7%19.5K-1.6M-10.4K0.10118.30446458,6983,408
2024-08-06$5.21$6.00108.1%18.7%51.5%85.6%81.9%-8.9%-12.5%22.8K-1.7M-10.2K0.25122.59108279,0403,447
2024-08-07$5.39$6.00111.5%12.6%51.5%89.7%75.5%-26.9%49.7%26.3K-1.9M-9.9K0.04121.91254109,1093,450
2024-08-08$3.37$6.0060.1%22.7%174.2%28.0%73.4%8.7%-5.6%5.1K14.2K-5.8K0.1696.071,3362129,3723,457
2024-08-09$3.46$6.0064.2%22.8%172.6%32.9%74.6%-3.9%-13.7%6.7K-74.3K-6.2K0.3495.5044115110,2043,560
2024-08-12$3.54$5.0073.2%19.1%173.3%43.7%66.6%-15.9%2.2%7.2K-170.8K-6.6K0.0286.75374810,6103,590
2024-08-13$3.75$5.0058.0%16.5%174.6%25.5%54.8%-2.2%8.3%12.7K-336.5K-7.0K0.0292.846121111,0233,591
2024-08-14$3.80$5.0063.8%18.3%175.1%32.5%62.2%8.2%7.0%16.2K-486.2K-7.6K0.1794.151302211,3073,594
2024-08-15$3.94$5.0065.4%18.8%175.8%34.4%64.9%8.6%2.3%20.8K-636.3K-8.1K0.5184.701638311,3783,596
2024-08-16$4.04$5.0063.2%18.1%176.2%31.8%62.8%12.9%10.3%41.0K-793.7K-7.8K0.6491.061056711,4543,579
2024-08-19$3.98$5.0063.8%18.3%175.9%32.5%64.4%-13.9%-1.5%11.7K-722.4K-7.5K0.1164.66490538,9163,162
2024-08-20$4.01$4.0062.0%17.8%176.1%30.2%61.9%14.4%1.3%13.3K-831.0K-7.8K0.0377.69293109,2823,199
2024-08-21$4.21$4.0064.0%18.4%177.5%32.8%64.5%2.4%2.5%15.4K-1.0M-8.4K0.0172.3127029,5693,200
2024-08-22$4.12$4.0058.7%16.8%177.0%26.4%46.0%37.5%8.0%15.5K-951.5K-8.1K0.0678.6310169,7563,201
2024-08-23$4.33$4.0058.9%16.9%178.1%26.6%57.9%7.4%4.9%17.5K-1.2M-8.6K0.0971.87277259,8253,201
2024-08-26$4.36$4.0060.0%17.2%178.2%28.0%50.2%49.9%1.5%17.4K-1.2M-8.3K0.3171.9790289,8983,215
2024-08-27$4.38$4.0067.0%19.2%178.3%36.3%34.4%67.4%1.0%17.5K-1.2M-8.3K0.4176.175952429,8883,221
2024-08-28$4.33$4.0068.3%19.6%177.3%37.8%67.8%1.2%-5.5%16.7K-1.2M-8.3K0.0864.05379299,9643,302
2024-08-29$4.33$4.0053.7%15.4%177.3%20.3%53.8%10.3%8.4%17.3K-1.2M-8.4K0.3682.302689710,1503,302
2024-08-30$4.44$4.0065.3%18.7%177.8%34.2%65.3%30.7%-7.1%19.1K-1.4M-8.7K0.2270.842425310,3093,301