BRCC Options History — November 2024

In November 2024, BRCC traded between $2.83 and $3.30. ATM implied volatility averaged 68.3%, placing in the 37.9% IV rank vs the trailing year. The 30-day expected move averaged 19.5%. IV traded above realized volatility by 29.0% (HV 20d: 39.3%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.74.

Notable Days

2024-11-06: Highest Volume — 1,304 contracts
2024-11-05: Largest IV drop — 54.9% change
2024-11-04: Highest IV Rank — 93.2%
2024-11-01: Largest Expected Move — 27.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.03	$2.83	$3.30	$3.13	$3.16
Max Pain	$3.00	$3.00	$3.00	$3.00	$3.00
ATM IV	68.3%	46.3%	114.5%	97.0%	64.6%
Expected Move	19.5%	17.3%	27.8%	27.8%	18.5%
HV 20d	39.3%	32.4%	43.5%	33.5%	43.3%
HV 60d	50.3%	48.9%	51.7%	51.1%	48.9%
IV Rank	37.9%	11.5%	93.2%	72.3%	33.4%
IV Percentile	43.8%	2.4%	98.8%	96.4%	38.9%
Term Structure	-2.2%	-24.8%	10.5%	-19.6%	-4.4%
VWIV	65.8%	42.2%	96.8%	96.8%	64.4%
Skew 25d	32.4%	-4.0%	115.3%	78.2%	115.3%
Skew 10d	59.4%	-6.2%	276.6%	140.7%	276.6%
Call IV 25d	56.8%	42.6%	81.0%	66.8%	50.4%
Put IV 25d	89.2%	56.5%	165.7%	145.0%	165.7%
Bid-Ask Spread %	68.47	53.14	84.70	65.43	68.42
Gamma HHI	0.39	0.32	0.67	0.34	0.34
Net GEX	22.6K	16.2K	55.2K	18.9K	21.6K
Net DEX	-403.3K	-1.1M	4.5K	-555.9K	-629.1K
Net VEX	-6.1K	-6.7K	-5.4K	-5.5K	-6.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.74	0.00	6.31	2.41	6.31
Total Volume	524.05	107	1,304	385	446
Total OI	19,066.4	15,604	20,738	15,604	20,509

Daily Data (20 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
2024-11-01	$3.13	$3.00	97.0%	27.8%	33.5%	72.3%	96.8%	78.2%	-19.6%	18.9K	-555.9K	-5.5K	2.41	65.43	113	272	12,587	3,017
2024-11-04	$3.13	$3.00	114.5%	23.7%	32.4%	93.2%	73.6%	6.1%	-24.8%	19.1K	-690.8K	-5.6K	0.08	75.09	1,201	97	12,692	3,280
2024-11-05	$3.30	$3.00	51.6%	21.6%	37.2%	17.8%	70.8%	14.8%	-18.5%	23.6K	-1.1M	-6.7K	0.05	82.25	326	16	13,854	3,360
2024-11-06	$3.21	$3.00	46.3%	17.3%	36.3%	11.5%	55.7%	16.7%	10.5%	23.8K	-649.0K	-5.5K	3.50	84.27	290	1,014	13,860	3,354
2024-11-07	$3.06	$3.00	59.9%	19.2%	39.6%	27.8%	42.2%	46.3%	-3.3%	21.7K	-362.5K	-6.0K	0.01	84.70	521	7	14,051	4,357
2024-11-08	$3.05	$3.00	58.5%	17.5%	36.7%	26.1%	61.2%	8.9%	2.6%	23.3K	-340.3K	-6.1K	0.12	66.08	1,027	122	14,314	4,360
2024-11-11	$2.98	$3.00	69.3%	18.4%	36.7%	39.1%	64.2%	7.7%	3.0%	23.0K	-268.4K	-6.2K	0.09	82.78	673	62	14,918	4,464
2024-11-12	$2.90	$3.00	79.3%	17.8%	36.4%	51.1%	62.0%	-4.0%	5.6%	23.7K	-189.0K	-5.8K	0.03	67.70	453	14	15,272	4,502
2024-11-13	$2.83	$3.00	68.7%	19.7%	35.8%	38.3%	68.7%	47.1%	-7.5%	21.6K	4.5K	-5.4K	0.10	66.93	326	31	15,624	4,477
2024-11-14	$2.96	$3.00	67.0%	19.2%	40.7%	36.3%	67.0%	20.2%	-2.1%	28.4K	-271.2K	-5.9K	0.03	70.43	572	19	15,647	4,490
2024-11-15	$2.99	$3.00	67.7%	19.4%	40.7%	37.1%	67.8%	56.3%	-2.2%	55.2K	-336.6K	-6.3K	0.47	80.45	120	57	16,244	4,494
2024-11-18	$2.95	$3.00	60.4%	17.3%	40.6%	28.4%	60.4%	23.1%	10.1%	16.7K	-243.8K	-6.2K	0.00	67.57	788	2	14,723	4,319
2024-11-19	$2.92	$3.00	61.3%	17.6%	40.5%	29.4%	61.3%	14.6%	5.0%	16.8K	-180.0K	-6.0K	0.07	53.14	116	8	14,958	4,321
2024-11-20	$2.85	$3.00	69.3%	19.9%	40.8%	39.1%	69.3%	20.1%	-1.1%	16.2K	-166.1K	-5.9K	0.47	66.90	218	103	15,024	4,324
2024-11-21	$2.96	$3.00	70.9%	20.3%	43.1%	40.9%	70.9%	19.3%	-5.8%	17.8K	-291.6K	-6.3K	0.03	53.40	257	7	15,176	4,427
2024-11-22	$3.01	$3.00	64.0%	18.3%	43.5%	32.7%	64.4%	58.7%	3.6%	19.3K	-416.1K	-6.7K	0.00	69.37	385	0	15,317	4,424
2024-11-25	$3.04	$3.00	63.1%	18.1%	43.5%	31.7%	63.0%	50.9%	3.0%	19.9K	-457.7K	-6.4K	0.01	54.67	406	5	15,564	4,424
2024-11-26	$3.00	$3.00	65.4%	18.8%	41.5%	34.4%	65.4%	12.3%	1.5%	19.7K	-413.3K	-6.5K	0.43	55.61	75	32	15,845	4,428
2024-11-27	$3.10	$3.00	67.5%	19.4%	43.0%	37.0%	67.5%	34.5%	1.2%	21.2K	-560.0K	-6.7K	0.52	54.24	197	103	15,870	4,457
2024-11-29	$3.16	$3.00	64.6%	18.5%	43.3%	33.4%	64.4%	115.3%	-4.4%	21.6K	-629.1K	-6.6K	6.31	68.42	61	385	15,962	4,547