BRCC Options History — May 2025

In May 2025, BRCC traded between $1.52 and $2.31. ATM implied volatility averaged 78.2%, placing in the 32.5% IV rank vs the trailing year. The 30-day expected move averaged 19.6%. IV traded below realized volatility by 30.7% (HV 20d: 108.9%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 2.11.

Notable Days

  • 2025-05-07: Highest Volume — 904 contracts
  • 2025-05-30: Largest IV spike — 81.6% change
  • 2025-05-06: Highest IV Rank — 66.0%
  • 2025-05-02: Largest Expected Move — 33.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.89$1.52$2.31$2.27$1.81
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV78.2%44.6%117.6%89.9%87.8%
Expected Move19.6%12.8%33.2%25.8%25.2%
HV 20d108.9%35.6%123.3%39.8%122.6%
HV 60d80.6%54.6%87.1%55.0%79.7%
IV Rank32.5%3.8%66.0%42.4%40.6%
IV Percentile52.6%1.6%98.8%80.2%75.0%
Term Structure2.1%-30.5%35.0%-29.1%-16.6%
VWIV68.7%48.4%89.5%86.7%70.0%
Skew 25d36.2%-36.2%128.6%4.3%18.0%
Skew 10d63.9%-17.6%186.4%102.3%27.7%
Call IV 25d64.7%45.7%97.1%72.6%86.5%
Put IV 25d101.0%50.8%193.7%77.0%104.4%
Bid-Ask Spread %57.4716.96105.3816.9630.96
Gamma HHI0.500.460.600.520.49
Net GEX7.4K2.2K16.2K8.1K6.7K
Net DEX-170.8K-352.6K55.6K-320.1K-141.4K
Net VEX-2.0K-2.8K-1.1K-2.7K-1.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.110.0030.600.080.00
Total Volume226.09559045316
Total OI10,045.198,70110,8258,84410,577

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-05-01$2.27$2.0089.9%25.8%39.8%42.4%86.7%4.3%-29.1%8.1K-320.1K-2.7K0.0816.964947,4541,390
2025-05-02$2.30$2.00115.9%33.2%36.5%64.5%0.0%15.0%-30.5%8.7K-352.6K-2.8K30.6020.77103067,4601,394
2025-05-05$2.31$2.00115.4%18.8%35.6%64.2%79.6%4.4%-8.7%8.9K-349.3K-2.6K0.0782.18190147,4621,239
2025-05-06$1.75$2.00117.6%20.8%107.5%66.0%72.2%12.1%6.6%4.4K-35.9K-1.5K0.2490.457201757,5421,254
2025-05-07$1.52$2.00102.0%21.5%117.6%52.7%88.9%-36.2%-21.0%2.2K55.6K-1.1K0.0792.73844607,7541,371
2025-05-08$1.58$2.00101.0%25.6%118.4%51.9%89.5%-11.9%-2.5%3.5K-21.8K-1.5K0.1542.26246378,4631,353
2025-05-09$1.63$2.0098.8%19.9%119.2%50.0%50.8%24.4%35.0%3.9K-34.6K-1.6K0.0567.7210658,6881,279
2025-05-12$1.77$2.0093.7%20.1%121.1%45.6%70.2%124.3%1.7%4.5K-54.6K-1.7K0.0085.4268318,7161,284
2025-05-13$1.83$2.0074.6%15.8%122.1%29.4%55.2%70.8%7.1%6.7K-111.5K-1.9K0.4184.6641179,3141,293
2025-05-14$1.85$2.0050.1%14.4%122.3%8.5%54.7%128.6%17.2%7.7K-142.7K-2.0K0.12105.386789,3381,301
2025-05-15$1.94$2.0070.6%20.2%123.3%25.9%70.6%115.0%2.0%11.5K-264.0K-2.3K0.1785.29306539,3831,306
2025-05-16$1.98$2.0066.3%19.0%122.9%22.3%66.8%114.0%2.7%16.2K-286.5K-2.3K0.3084.92235719,5181,307
2025-05-19$1.98$2.0069.3%19.9%122.9%24.8%69.3%19.9%-2.8%8.7K-253.6K-2.2K0.1150.102839,1011,183
2025-05-20$1.94$2.0064.9%18.6%122.3%21.1%64.9%19.5%-1.7%8.0K-249.1K-2.1K1.6919.1754919,1291,185
2025-05-21$1.88$2.0054.8%15.7%121.3%12.5%62.3%7.5%4.8%7.8K-213.3K-2.1K0.0458.542619,1391,245
2025-05-22$1.93$2.0058.0%16.6%121.9%15.2%48.4%36.4%27.7%8.0K-222.7K-2.1K0.2422.1951129,1641,246
2025-05-23$1.83$2.0044.6%12.8%122.6%3.8%0.0%24.3%29.6%8.0K-156.3K-1.9K0.0048.325109,2111,243
2025-05-27$1.85$2.0055.5%15.9%122.4%13.1%68.5%11.5%-2.2%7.3K-151.6K-1.8K10.0049.83141409,2271,243
2025-05-28$1.85$2.0063.6%18.2%122.5%20.0%70.0%17.1%-3.1%7.1K-138.8K-1.8K0.0049.50809,2391,374
2025-05-29$1.85$2.0048.4%13.9%122.5%7.0%0.0%42.1%28.1%7.7K-141.7K-1.8K0.0019.50509,2471,333
2025-05-30$1.81$2.0087.8%25.2%122.6%40.6%0.0%18.0%-16.6%6.7K-141.4K-1.8K0.0030.961609,2441,333