BRCC Options History — July 2025

In July 2025, BRCC traded between $1.48 and $2.04. ATM implied volatility averaged 100.7%, placing in the 43.3% IV rank vs the trailing year. The 30-day expected move averaged 29.3%. IV traded above realized volatility by 5.3% (HV 20d: 95.4%). Max pain ranged from $1.00 to $2.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.43.

Notable Days

  • 2025-07-25: Highest Volume — 8,368 contracts
  • 2025-07-14: Largest IV spike — 75.3% change
  • 2025-07-14: Highest IV Rank — 100.0%
  • 2025-07-15: Largest Expected Move — 51.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.71$1.48$2.04$1.54$1.71
Max Pain$1.18$1.00$2.00$2.00$2.00
ATM IV100.7%64.2%181.1%76.5%125.8%
Expected Move29.3%20.5%51.9%21.9%36.1%
HV 20d95.4%73.8%121.5%75.2%114.9%
HV 60d94.1%85.4%105.4%85.4%105.4%
IV Rank43.3%17.3%100.0%28.2%59.5%
IV Percentile76.8%26.6%100.0%57.5%98.0%
Term Structure-17.8%-38.8%4.3%-26.0%-31.7%
VWIV99.9%65.3%129.5%65.3%126.1%
Skew 25d23.0%-27.5%135.5%-7.5%3.1%
Skew 10d35.0%-60.6%215.2%-55.4%10.3%
Call IV 25d106.9%74.3%166.4%160.0%122.7%
Put IV 25d129.8%71.9%245.8%152.4%125.9%
Bid-Ask Spread %39.6812.1678.0913.2512.16
Gamma HHI0.520.420.630.420.49
Net GEX11.5K4.9K25.0K4.9K17.2K
Net DEX-611.6K-1.3M-276.2K-276.2K-809.3K
Net VEX-2.8K-4.6K-1.8K-1.8K-3.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.003.840.162.78
Total Volume939.63658,3683851,127
Total OI14,959.54511,58720,36913,19220,369

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-07-01$1.54$2.0076.5%21.9%75.2%28.2%65.3%-7.5%-26.0%4.9K-276.2K-1.8K0.1613.253315411,8531,339
2025-07-02$1.58$2.0071.7%20.5%75.7%24.0%82.1%-27.5%-12.2%5.5K-306.9K-1.9K0.0114.56180112,1371,389
2025-07-03$1.60$1.0064.2%25.9%75.3%17.3%97.9%-21.2%-27.0%6.1K-325.5K-1.9K0.0073.5592012,1911,361
2025-07-07$1.56$1.0083.7%23.3%74.0%34.6%92.5%-21.9%-10.5%5.7K-335.1K-2.0K0.0370.7696312,2651,361
2025-07-08$1.63$1.0082.8%25.9%75.9%33.8%91.2%-11.8%-18.3%6.1K-340.0K-1.9K0.0068.221,051212,2591,364
2025-07-09$1.56$1.00104.8%30.0%76.1%53.3%100.4%-6.7%-25.9%7.1K-352.1K-2.0K0.0543.9865313,1591,365
2025-07-10$1.60$1.0085.0%24.4%76.7%35.8%93.7%-0.2%-20.3%7.8K-371.8K-2.0K3.8447.155621513,1891,365
2025-07-11$1.56$1.00101.7%29.2%76.8%50.6%99.9%117.9%-23.9%7.1K-356.5K-2.1K0.6778.093213,2241,565
2025-07-14$1.48$1.00178.3%51.1%78.6%100.0%93.2%103.8%4.3%6.4K-308.0K-1.9K0.0965.9423213,2281,567
2025-07-15$1.48$1.00181.1%51.9%73.8%100.0%129.5%121.0%3.5%6.4K-314.1K-1.9K0.0666.06112713,2431,569
2025-07-16$1.52$1.0099.9%28.6%74.3%40.5%116.2%-15.9%-31.4%6.7K-340.5K-2.0K0.5847.2528016213,2231,576
2025-07-17$1.88$1.0083.1%23.8%104.3%28.2%83.3%15.7%-5.9%10.7K-592.8K-2.3K0.1820.821,47927013,3181,640
2025-07-18$1.67$1.0095.6%27.4%114.0%37.3%93.6%15.4%-23.6%9.6K-464.1K-2.6K0.0312.401,7345814,4342,109
2025-07-21$1.69$1.0097.5%28.0%112.0%38.7%97.6%21.1%-17.7%11.6K-622.8K-3.0K0.0212.87505910,0691,518
2025-07-22$1.90$1.0090.9%26.1%116.5%33.9%91.0%17.3%-11.4%14.8K-850.0K-3.5K0.0024.75321010,4181,526
2025-07-23$1.98$1.0082.7%23.7%116.8%27.9%91.6%15.5%-15.9%16.0K-1.0M-3.7K0.0252.441,5922910,5551,526
2025-07-24$1.90$1.0089.5%25.7%117.4%32.9%89.6%20.2%-10.7%16.8K-943.7K-3.9K0.1421.881131611,5981,539
2025-07-25$2.04$1.0092.5%26.5%117.2%35.1%121.2%-2.6%0.7%17.5K-1.2M-4.2K0.0024.318,3343411,6281,551
2025-07-28$2.00$1.00106.3%30.5%117.9%45.2%120.4%-26.3%-27.3%25.0K-1.3M-4.6K0.0719.501,58411417,6531,660
2025-07-29$1.88$1.00101.9%29.2%121.5%42.0%101.9%60.5%-21.8%22.9K-1.1M-4.2K0.4916.9936117618,1091,773
2025-07-30$1.81$2.00119.3%34.2%112.8%54.7%119.4%135.5%-38.8%20.7K-979.8K-4.1K0.1366.1067918,3771,948
2025-07-31$1.71$2.00125.8%36.1%114.9%59.5%126.1%3.1%-31.7%17.2K-809.3K-3.9K2.7812.1629882918,4201,949