BRCC Options History — June 2025

In June 2025, BRCC traded between $1.25 and $1.73. ATM implied volatility averaged 76.2%, placing in the 30.2% IV rank vs the trailing year. The 30-day expected move averaged 21.8%. IV traded above realized volatility by 19.6% (HV 20d: 56.5%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.29.

Notable Days

2025-06-20: Highest Volume — 1,898 contracts
2025-06-06: Largest IV spike — 40.1% change
2025-06-16: Highest IV Rank — 55.0%
2025-06-16: Largest Expected Move — 30.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.51	$1.25	$1.73	$1.73	$1.33
Max Pain	$2.00	$2.00	$2.00	$2.00	$2.00
ATM IV	76.2%	53.7%	104.7%	59.8%	68.8%
Expected Move	21.8%	15.4%	30.0%	17.2%	19.7%
HV 20d	56.5%	43.5%	122.8%	122.8%	50.4%
HV 60d	79.5%	78.2%	80.2%	80.1%	79.7%
IV Rank	30.2%	11.5%	55.0%	16.8%	21.4%
IV Percentile	52.4%	7.9%	91.7%	20.2%	40.9%
Term Structure	-0.8%	-48.3%	53.5%	12.7%	53.5%
VWIV	84.7%	56.7%	123.5%	64.2%	87.9%
Skew 25d	35.8%	-38.2%	118.8%	29.8%	6.8%
Skew 10d	56.1%	-24.8%	173.4%	32.4%	-2.2%
Call IV 25d	82.4%	60.5%	127.8%	69.3%	80.6%
Put IV 25d	118.2%	68.3%	205.2%	99.1%	87.4%
Bid-Ask Spread %	31.04	11.21	66.46	16.47	41.10
Gamma HHI	0.47	0.35	0.56	0.51	0.39
Net GEX	4.4K	2.8K	6.3K	6.1K	3.9K
Net DEX	-103.7K	-194.3K	-8.2K	-71.5K	-194.3K
Net VEX	-1.6K	-1.9K	-1.1K	-1.5K	-1.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.29	0.00	3.40	0.23	0.15
Total Volume	249.75	15	1,898	399	47
Total OI	11,933.9	10,583	13,157	10,583	13,157

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
2025-06-02	$1.73	$2.00	59.8%	17.2%	122.8%	16.8%	64.2%	29.8%	12.7%	6.1K	-71.5K	-1.5K	0.23	16.47	325	74	9,250	1,333
2025-06-03	$1.69	$2.00	58.6%	16.8%	122.6%	15.7%	0.0%	42.4%	22.8%	5.4K	-69.9K	-1.6K	0.01	49.99	503	5	9,509	1,387
2025-06-04	$1.73	$2.00	53.7%	15.4%	74.3%	11.5%	0.0%	45.6%	23.0%	6.3K	-130.1K	-1.9K	0.04	49.11	73	3	10,006	1,387
2025-06-05	$1.65	$2.00	58.6%	22.5%	56.1%	15.7%	83.2%	109.1%	-9.8%	4.6K	-93.5K	-1.7K	0.04	50.12	128	5	10,031	1,388
2025-06-06	$1.65	$2.00	82.1%	21.0%	54.6%	35.7%	79.1%	113.7%	-1.4%	4.3K	-87.1K	-1.7K	0.00	40.56	37	0	10,071	1,393
2025-06-09	$1.71	$2.00	62.7%	17.7%	54.9%	19.2%	95.9%	113.9%	1.8%	6.1K	-131.6K	-1.8K	0.04	66.46	145	6	10,092	1,393
2025-06-10	$1.69	$2.00	76.3%	18.0%	46.2%	30.8%	74.8%	118.8%	0.9%	4.8K	-105.1K	-1.7K	0.07	42.91	30	2	10,224	1,399
2025-06-11	$1.65	$2.00	83.9%	24.0%	44.8%	37.3%	89.7%	117.3%	-19.6%	4.9K	-91.1K	-1.7K	0.07	48.76	14	1	10,209	1,401
2025-06-12	$1.62	$2.00	77.6%	22.2%	44.6%	31.9%	65.7%	118.1%	-13.3%	4.6K	-86.1K	-1.6K	3.40	46.38	15	51	10,220	1,401
2025-06-13	$1.50	$2.00	93.7%	26.8%	46.4%	45.6%	120.3%	-24.8%	-33.9%	4.1K	-58.2K	-1.5K	0.08	13.46	66	5	10,233	1,420
2025-06-16	$1.52	$2.00	104.7%	30.0%	45.8%	55.0%	120.9%	-12.7%	-42.7%	4.6K	-87.5K	-1.5K	0.24	25.75	153	37	10,292	1,425
2025-06-17	$1.46	$2.00	94.0%	27.0%	46.5%	45.9%	123.5%	-38.2%	-34.9%	4.1K	-61.2K	-1.4K	0.16	40.40	32	5	10,431	1,463
2025-06-18	$1.44	$2.00	73.8%	21.2%	46.5%	28.7%	56.7%	6.2%	33.5%	3.1K	-25.6K	-1.3K	0.59	11.56	87	51	10,454	1,440
2025-06-20	$1.37	$2.00	88.7%	25.4%	47.8%	41.4%	81.8%	20.5%	29.3%	2.8K	-8.2K	-1.1K	0.01	12.23	1,874	24	10,497	1,461
2025-06-23	$1.32	$2.00	75.6%	21.7%	45.6%	30.2%	87.8%	-5.7%	26.4%	3.5K	-162.2K	-1.5K	0.67	12.19	170	114	11,345	1,303
2025-06-24	$1.33	$2.00	75.5%	21.6%	44.7%	30.1%	80.4%	-7.8%	-8.7%	3.6K	-141.7K	-1.5K	0.00	14.31	67	0	11,375	1,415
2025-06-25	$1.29	$2.00	101.7%	29.2%	43.8%	52.5%	0.0%	-23.0%	-48.3%	3.7K	-176.5K	-1.7K	0.00	12.19	322	0	11,436	1,415
2025-06-26	$1.25	$2.00	64.2%	18.4%	43.5%	17.5%	63.7%	-12.1%	-3.6%	3.6K	-133.6K	-1.4K	0.00	11.21	209	1	11,707	1,364
2025-06-27	$1.31	$2.00	69.2%	19.8%	49.1%	21.7%	65.2%	-2.2%	-3.6%	3.8K	-159.4K	-1.5K	0.00	15.57	314	0	11,612	1,339
2025-06-30	$1.33	$2.00	68.8%	19.7%	50.4%	21.4%	87.9%	6.8%	53.5%	3.9K	-194.3K	-1.6K	0.15	41.10	41	6	11,818	1,339