BRSL Options History — August 2025

In August 2025, BRSL traded between $14.70 and $16.64. ATM implied volatility averaged 34.9%. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 0.9% (HV 20d: 34.1%). Max pain ranged from $12.00 to $14.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.40.

Notable Days

  • 2025-08-11: Highest Volume — 28,983 contracts
  • 2025-08-06: Largest IV spike — 145.6% change
  • 2025-08-01: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.66$14.70$16.64$14.70$16.64
Max Pain$13.38$12.00$14.00$13.00$14.00
ATM IV34.9%21.2%82.6%41.5%21.2%
Expected Move8.7%6.1%11.9%11.9%6.1%
HV 20d34.1%26.5%40.6%40.6%26.5%
Term Structure-3.3%-15.3%1.2%-7.2%-0.1%
VWIV31.7%24.0%44.5%44.5%24.9%
Skew 25d0.1%-18.7%9.4%-18.7%2.1%
Skew 10d1.4%-21.8%23.9%-21.8%3.7%
Call IV 25d28.6%17.3%46.8%46.8%24.3%
Put IV 25d28.7%18.9%35.4%28.1%26.4%
Bid-Ask Spread %97.8586.85107.20104.9892.98
Gamma HHI0.190.170.280.180.18
Net GEX605.2K445.3K975.0K445.3K537.3K
Net DEX-24.9M-31.9M-16.6M-19.9M-30.3M
Net VEX-146.2K-171.8K-127.3K-171.8K-127.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.002.342.340.04
Total Volume1,609.812528,98397128
Total OI70,375.8160,25882,11281,89360,526

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-08-01$14.70$13.0041.5%11.9%0.0%0.0%44.5%-18.7%-7.2%445.3K-19.9M-171.8K2.34104.98296847,28934,604
2025-08-04$14.94$12.0043.1%8.4%0.0%0.0%29.8%-1.5%0.3%542.1K-23.1M-159.7K0.21107.201042246,54634,493
2025-08-05$15.63$12.0033.6%9.3%0.0%0.0%32.4%-4.0%-9.7%731.7K-31.9M-160.1K0.01102.8476146,57834,499
2025-08-06$15.53$12.0082.6%9.6%0.0%0.0%42.8%2.9%-15.3%782.9K-30.6M-155.4K1.50102.94263947,61334,499
2025-08-07$15.14$12.0038.8%9.0%0.0%0.0%34.2%-5.0%-12.3%647.6K-25.5M-154.6K0.47104.0317846,60234,494
2025-08-08$15.09$12.0033.8%8.8%0.0%0.0%33.8%0.1%-9.4%651.2K-24.9M-153.6K0.63106.06865446,59634,490
2025-08-11$15.00$12.0041.1%9.3%0.0%0.0%32.9%-2.1%0.7%628.1K-23.2M-149.4K0.00102.1728,9077646,60134,523
2025-08-12$15.09$14.0035.8%7.6%0.0%0.0%29.2%0.4%-0.6%689.7K-16.6M-151.4K0.33101.802678840,98534,553
2025-08-13$15.71$14.0030.6%8.8%0.0%0.0%32.9%1.3%-13.1%975.0K-24.6M-143.7K0.0596.361,3857340,90334,468
2025-08-14$15.52$14.0031.0%8.9%40.6%0.0%32.4%4.3%-0.3%913.8K-23.1M-150.6K0.0199.82109142,03234,454
2025-08-15$15.49$14.0026.1%7.5%39.4%0.0%31.3%1.5%-0.2%470.7K-22.2M-149.3K0.05100.443882142,00334,454
2025-08-18$15.45$14.0031.5%9.0%38.2%0.0%24.0%9.4%0.4%473.0K-19.7M-147.3K0.0686.852871734,01326,245
2025-08-19$15.57$14.0033.7%9.7%37.1%0.0%30.6%0.2%-3.5%503.1K-20.9M-147.6K0.0189.61174234,22326,258
2025-08-20$15.74$14.0029.2%8.4%36.1%0.0%27.5%-0.3%1.2%516.8K-22.4M-142.4K0.5994.081347934,19226,259
2025-08-21$15.79$14.0031.2%8.9%35.2%0.0%30.8%-7.0%-1.0%518.2K-23.0M-142.0K0.3089.60331034,20626,252
2025-08-22$16.24$14.0029.5%8.5%36.1%0.0%29.7%-1.1%0.7%530.6K-27.0M-137.4K0.1695.081412334,19926,254
2025-08-25$16.37$14.0031.1%8.9%35.4%0.0%33.9%-3.6%-0.8%537.0K-28.1M-131.6K0.6889.23785334,18126,251
2025-08-26$16.30$14.0029.5%8.5%28.8%0.0%29.5%8.4%0.6%534.7K-27.9M-135.4K0.0296.916061134,19926,274
2025-08-27$16.36$14.0030.7%8.8%28.3%0.0%30.2%9.2%-1.4%543.3K-28.4M-128.7K0.0199.28135234,26626,285
2025-08-28$16.53$14.0027.6%7.9%26.8%0.0%28.2%5.0%0.6%537.3K-29.3M-130.4K0.8592.61262234,24426,286
2025-08-29$16.64$14.0021.2%6.1%26.5%0.0%24.9%2.1%-0.1%537.3K-30.3M-127.3K0.0492.98123534,24426,282