BRCC Options History — October 2025

In October 2025, BRCC traded between $1.27 and $1.56. ATM implied volatility averaged 116.1%, placing in the 34.3% IV rank vs the trailing year. The 30-day expected move averaged 33.4%. IV traded above realized volatility by 70.8% (HV 20d: 45.3%). Max pain ranged from $1.00 to $2.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.44.

Notable Days

  • 2025-10-24: Highest Volume — 1,136 contracts
  • 2025-10-27: Largest IV spike — 266.9% change
  • 2025-10-27: Highest IV Rank — 100.0%
  • 2025-10-27: Largest Expected Move — 87.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.40$1.27$1.56$1.56$1.29
Max Pain$1.17$1.00$2.00$2.00$1.00
ATM IV116.1%64.8%305.5%69.5%73.3%
Expected Move33.4%15.9%87.6%19.9%21.0%
HV 20d45.3%38.9%56.0%52.7%39.1%
HV 60d80.3%51.5%96.0%95.3%51.5%
IV Rank34.3%10.6%100.0%13.1%11.0%
IV Percentile68.9%21.0%100.0%32.1%39.7%
Term Structure-5.6%-60.1%56.5%19.3%14.4%
VWIV100.5%60.2%173.5%81.9%173.5%
Skew 25d59.9%-62.6%352.6%-11.1%9.0%
Skew 10d55.3%-65.5%384.7%-35.0%-8.9%
Call IV 25d92.0%58.7%184.2%172.3%83.8%
Put IV 25d151.9%57.4%428.7%161.2%92.8%
Bid-Ask Spread %80.7134.71106.4937.4091.19
Gamma HHI0.350.340.380.340.34
Net GEX5.0K4.1K6.2K4.9K5.9K
Net DEX-394.2K-479.3K-302.4K-414.0K-434.6K
Net VEX-1.9K-2.3K-1.5K-2.0K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.011.250.010.08
Total Volume463.609531,136365805
Total OI13,375.9579,89215,59314,71812,090

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-10-01$1.56$2.0069.5%19.9%52.7%13.1%81.9%-11.1%19.3%4.9K-414.0K-2.0K0.0137.40360512,8641,854
2025-10-02$1.52$2.0064.8%18.6%52.7%10.6%80.9%-3.6%20.5%4.8K-375.4K-1.8K0.1334.7147612,8571,856
2025-10-03$1.56$2.0074.3%21.3%53.5%15.6%99.9%-25.3%16.4%5.0K-415.4K-1.9K0.5540.481075912,8831,858
2025-10-06$1.52$1.0092.3%26.9%48.9%25.1%82.4%-20.9%0.1%5.0K-424.9K-2.0K0.9866.10616012,9991,881
2025-10-07$1.40$1.00118.3%15.9%56.0%38.8%115.8%-51.2%56.5%4.3K-324.4K-1.8K0.1664.171402213,0111,866
2025-10-08$1.38$1.00131.3%22.3%55.6%45.6%100.7%-62.6%-6.0%4.3K-312.6K-1.8K0.1964.453356413,0681,846
2025-10-09$1.38$1.00111.3%22.6%48.3%35.1%119.6%-57.4%-6.8%4.4K-326.4K-1.8K0.5163.131527713,2541,856
2025-10-10$1.33$2.00111.0%38.8%49.0%34.9%140.4%70.4%-38.0%4.1K-302.4K-1.8K0.0697.243472013,2571,880
2025-10-13$1.35$1.00176.1%73.4%49.8%69.2%116.6%277.3%-35.6%4.4K-342.1K-1.8K0.10105.201731713,3961,849
2025-10-14$1.38$1.00182.1%66.1%45.4%72.4%0.0%257.7%-11.0%4.4K-349.8K-1.8K0.45104.111476613,4821,831
2025-10-15$1.40$1.0072.4%20.7%44.7%14.6%60.2%11.9%27.7%4.4K-337.2K-1.5K1.1875.74657713,4871,832
2025-10-16$1.40$1.00208.4%59.7%44.8%86.2%84.0%226.3%0.0%4.6K-353.6K-1.7K1.0892.0918419913,4971,833
2025-10-17$1.38$1.0099.1%28.4%44.6%28.7%112.8%18.6%-14.4%4.4K-341.7K-1.7K1.2576.1127234113,6481,945
2025-10-20$1.40$1.0065.8%18.9%39.5%11.2%65.0%27.2%-0.4%4.5K-400.7K-1.7K0.2372.056211408,4521,440
2025-10-21$1.40$1.0066.9%19.2%39.5%11.7%66.0%27.7%15.5%5.4K-444.5K-1.9K0.2890.66322918,9821,364
2025-10-22$1.40$1.00113.7%32.6%39.5%36.4%67.1%101.2%-1.4%5.6K-437.1K-1.9K0.07100.77649439,1701,396
2025-10-23$1.40$1.0069.2%19.8%39.4%12.9%68.3%28.4%-2.0%5.9K-471.0K-2.1K0.0290.66849149,6291,398
2025-10-24$1.40$1.0083.3%23.9%38.9%20.3%0.0%47.9%-2.6%6.0K-479.3K-2.2K0.0290.661,118189,7781,399
2025-10-27$1.38$1.00305.5%87.6%39.0%100.0%134.7%352.6%-60.1%6.2K-473.1K-2.3K0.06104.356844110,1071,407
2025-10-28$1.33$1.00113.1%32.4%40.5%26.3%128.7%12.1%-56.9%5.7K-430.8K-2.1K0.9986.393153129,8871,439
2025-10-29$1.29$1.00115.4%33.1%40.5%27.1%128.8%3.3%-47.5%5.4K-443.6K-2.2K0.57102.1258033010,1621,655
2025-10-30$1.27$1.00153.9%44.1%40.1%41.9%82.9%137.2%-10.9%5.6K-432.7K-2.2K1.25106.4914618210,4971,505
2025-10-31$1.29$1.0073.3%21.0%39.1%11.0%173.5%9.0%14.4%5.9K-434.6K-2.0K0.0891.197485710,5261,564