BRCC Options History — February 2026

In February 2026, BRCC traded between $0.62 and $0.85. ATM implied volatility averaged 160.2%, placing in the 44.3% IV rank vs the trailing year. The 30-day expected move averaged 52.1%. IV traded above realized volatility by 79.1% (HV 20d: 81.1%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.03.

Notable Days

  • 2026-02-04: Highest Volume — 3,213 contracts
  • 2026-02-19: Largest IV spike — 79.0% change
  • 2026-02-02: Highest IV Rank — 90.8%
  • 2026-02-02: Largest Expected Move — 80.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.72$0.62$0.85$0.85$0.64
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV160.2%75.9%281.5%281.5%173.5%
Expected Move52.1%21.8%80.7%80.7%49.7%
HV 20d81.1%51.8%90.3%51.8%88.8%
HV 60d59.7%49.3%62.3%49.3%61.7%
IV Rank44.3%12.0%90.8%90.8%49.4%
IV Percentile84.1%30.2%99.6%99.6%89.3%
Term Structure14.4%-78.6%81.4%37.6%-10.9%
VWIV158.4%104.8%204.5%178.7%131.0%
Skew 25d58.6%25.1%92.0%25.1%92.0%
Skew 10d76.4%35.7%117.1%35.7%117.1%
Call IV 25d140.9%114.6%167.2%114.6%167.2%
Put IV 25d199.5%139.8%259.2%139.8%259.2%
Bid-Ask Spread %112.1881.72132.1681.72122.78
Gamma HHI0.560.440.710.440.60
Net GEX2.2K1.5K3.2K1.8K1.6K
Net DEX-118.9K-174.3K-46.7K-115.3K-80.4K
Net VEX-1.3K-1.6K-925-1.1K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.030.000.160.000.00
Total Volume822.579123,2132,997252
Total OI12,394.2118,64614,1008,64614,100

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-02-02$0.85$1.00281.5%80.7%51.8%90.8%0.0%0.0%37.6%1.8K-115.3K-1.1K0.0081.722,98987,4201,226
2026-02-03$0.77$1.00117.4%33.7%59.8%27.9%0.0%0.0%-10.2%2.6K-166.2K-1.5K0.0383.76150410,4421,226
2026-02-04$0.83$1.0075.9%21.8%66.5%12.0%0.0%0.0%69.9%2.7K-120.2K-1.4K0.0082.373,208510,4041,220
2026-02-05$0.74$1.00103.7%62.8%74.2%22.6%178.7%0.0%-9.2%1.7K-88.3K-1.1K0.01110.2019118,6411,225
2026-02-06$0.82$1.00112.7%47.1%84.3%26.1%136.2%25.1%3.7%2.1K-109.2K-1.2K0.01108.9493858,8111,220
2026-02-09$0.80$1.00101.2%66.6%84.4%21.7%0.0%0.0%5.6%2.5K-131.6K-1.2K0.00121.282,06709,4341,221
2026-02-10$0.78$1.00129.1%68.2%84.5%32.4%0.0%0.0%42.6%3.2K-174.3K-1.6K0.09120.8411111,4731,221
2026-02-11$0.73$1.00170.2%48.8%84.2%48.1%133.3%0.0%28.5%2.7K-168.1K-1.5K0.00116.012,054211,4771,220
2026-02-12$0.70$1.00218.1%62.5%83.3%66.5%104.8%0.0%75.7%2.4K-150.6K-1.4K0.01117.40232211,1691,219
2026-02-13$0.73$1.00219.9%63.1%85.4%67.2%0.0%0.0%81.4%2.4K-159.9K-1.5K0.01116.35154211,3321,219
2026-02-17$0.71$1.00278.4%79.8%85.5%89.6%204.5%92.0%-16.8%2.4K-148.4K-1.4K0.00116.351,107311,3401,218
2026-02-18$0.70$1.00115.8%33.2%85.3%27.3%198.6%0.0%50.5%2.4K-158.3K-1.5K0.01132.161,094812,4951,217
2026-02-19$0.67$1.00207.2%59.4%84.0%62.3%0.0%0.0%6.1%2.3K-155.2K-1.4K0.09113.5535312,2601,217
2026-02-20$0.68$1.00179.8%51.6%84.8%51.8%179.8%0.0%-78.6%1.8K-72.5K-1.1K0.01123.29438612,2891,219
2026-02-23$0.63$1.00139.5%40.0%87.3%36.4%0.0%0.0%-5.6%1.8K-91.3K-1.1K0.00118.77261112,4861,217
2026-02-24$0.62$1.00121.3%34.8%87.3%29.4%131.0%0.0%19.6%1.5K-49.5K-9250.16106.3949812,6171,218
2026-02-25$0.66$1.00128.3%36.8%90.3%32.1%0.0%0.0%-7.2%1.7K-46.7K-9410.11113.82881012,6481,226
2026-02-26$0.65$1.00169.8%48.7%88.8%48.0%0.0%0.0%-8.9%1.8K-73.1K-1.0K0.00125.39241112,6671,236
2026-02-27$0.64$1.00173.5%49.7%88.8%49.4%0.0%0.0%-10.9%1.6K-80.4K-1.1K0.00122.78252012,8631,237