BRCC Options History — December 2024

In December 2024, BRCC traded between $2.87 and $3.19. ATM implied volatility averaged 76.4%, placing in the 45.5% IV rank vs the trailing year. The 30-day expected move averaged 22.0%. IV traded above realized volatility by 35.2% (HV 20d: 41.2%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.13.

Notable Days

  • 2024-12-23: Highest Volume — 4,127 contracts
  • 2024-12-23: Largest IV spike — 18.3% change
  • 2024-12-26: Highest IV Rank — 78.4%
  • 2024-12-26: Largest Expected Move — 29.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.03$2.87$3.19$3.19$3.15
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV76.4%60.8%102.8%71.1%92.0%
Expected Move22.0%18.3%29.5%20.4%26.4%
HV 20d41.2%37.0%44.3%43.5%41.3%
HV 60d41.1%37.8%48.4%48.4%39.0%
IV Rank45.5%25.8%78.4%41.2%64.9%
IV Percentile64.1%25.0%97.2%57.5%92.9%
Term Structure-3.5%-21.0%16.9%-9.3%-14.1%
VWIV83.7%60.2%124.7%75.7%101.1%
Skew 25d4.2%-41.1%22.1%16.5%-0.6%
Skew 10d8.5%-49.2%57.1%57.1%-7.1%
Call IV 25d90.5%64.1%129.0%64.1%108.9%
Put IV 25d94.7%67.5%116.0%80.7%108.2%
Bid-Ask Spread %38.3110.4779.8457.3320.27
Gamma HHI0.390.330.420.330.38
Net GEX31.8K23.5K45.0K24.5K44.9K
Net DEX-876.1K-1.5M-507.2K-800.2K-1.5M
Net VEX-7.5K-9.3K-6.4K-6.8K-8.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.130.000.970.000.05
Total Volume743.571704,127542540
Total OI24,272.1920,22527,54720,22527,303

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$3.19$3.0071.1%20.4%43.5%41.2%75.7%16.5%-9.3%24.5K-800.2K-6.8K0.0057.33540215,9924,233
2024-12-03$3.12$3.0068.5%19.6%44.2%38.1%66.6%20.4%-5.5%23.5K-593.1K-6.4K0.0141.872,5461416,3244,233
2024-12-04$3.10$3.0063.7%18.3%39.6%29.5%64.4%19.1%-0.4%30.9K-822.3K-7.4K0.0179.8469118,7784,232
2024-12-05$3.01$3.0060.8%18.8%39.7%25.8%66.9%11.8%-9.4%29.0K-679.7K-7.0K0.9727.9929128118,8444,243
2024-12-06$3.08$3.0065.7%19.8%37.0%31.9%73.8%21.9%-11.2%29.5K-840.2K-7.5K0.0259.635091018,7924,236
2024-12-09$2.99$3.0072.2%19.3%38.5%40.1%67.7%-11.1%3.4%28.5K-654.0K-7.0K0.0923.412932619,0524,236
2024-12-10$2.99$3.0063.1%19.5%37.6%28.7%85.6%22.1%3.7%28.4K-670.7K-6.9K0.0035.91149019,2244,252
2024-12-11$3.17$3.0068.5%19.6%41.4%35.5%94.4%7.3%-1.1%31.8K-1.0M-7.6K0.0725.151701219,3494,252
2024-12-12$3.13$3.0070.0%20.1%40.5%37.3%72.6%14.4%1.5%31.5K-965.8K-7.5K0.0138.11287419,4554,253
2024-12-13$2.99$3.0064.4%18.5%41.5%30.3%60.2%19.0%16.9%28.5K-575.9K-6.7K0.0436.165322019,5244,255
2024-12-16$2.96$3.0071.1%20.4%41.5%38.7%70.8%2.5%5.9%27.1K-592.5K-6.9K0.0249.229221419,7784,267
2024-12-17$3.00$3.0071.9%20.6%41.5%39.7%72.9%2.4%3.1%28.9K-724.4K-7.0K0.0760.062051519,7764,275
2024-12-18$2.87$3.0081.2%23.3%44.3%51.3%96.0%1.0%-1.3%25.6K-507.2K-6.6K0.0158.34767619,9694,290
2024-12-19$2.91$3.0078.6%22.5%43.7%48.1%79.1%1.4%0.2%26.9K-624.6K-7.0K0.3651.482468920,5294,293
2024-12-20$2.92$3.0072.3%20.7%41.5%40.2%74.2%4.0%2.9%32.3K-621.1K-7.0K0.7137.211158220,6234,294
2024-12-23$2.88$3.0085.5%24.5%41.2%56.8%91.3%-5.9%8.1%31.9K-941.9K-7.0K0.0138.034,1052219,9723,823
2024-12-24$2.94$3.0098.5%28.3%41.8%73.0%102.0%-27.8%-18.8%36.8K-1.1M-8.7K0.0010.82706222,8433,815
2024-12-26$2.97$3.00102.8%29.5%41.8%78.4%109.8%-41.1%-21.0%38.7K-1.3M-9.0K0.1010.473813723,3153,817
2024-12-27$3.05$3.0086.4%24.8%41.2%57.8%124.7%2.7%-11.9%44.2K-1.4M-9.3K0.1521.122403723,5743,854
2024-12-30$3.11$3.0095.3%27.3%41.2%69.0%107.0%7.5%-14.3%45.0K-1.5M-9.1K0.0922.071,21611223,6683,879
2024-12-31$3.15$3.0092.0%26.4%41.3%64.9%101.1%-0.6%-14.1%44.9K-1.5M-8.9K0.0520.275132723,4113,892