BRSL Options History — March 2026

In March 2026, BRSL traded between $12.50 and $13.66. ATM implied volatility averaged 66.6%, placing in the 32.9% IV rank vs the trailing year. The 30-day expected move averaged 17.6%. IV traded above realized volatility by 36.4% (HV 20d: 30.2%). Max pain ranged from $12.00 to $15.00. Net GEX was positive for 5 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.47.

Notable Days

  • 2026-03-09: Highest Volume — 14,635 contracts
  • 2026-03-18: Largest IV spike — 1832.9% change
  • 2026-03-16: Highest IV Rank — 100.0%
  • 2026-03-12: Largest Expected Move — 92.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.99$12.50$13.66$13.52$12.74
Max Pain$13.55$12.00$15.00$12.00$13.00
ATM IV66.6%13.3%293.8%47.2%265.0%
Expected Move17.6%7.7%92.8%13.5%76.0%
HV 20d30.2%27.3%33.2%30.7%29.0%
HV 60d27.8%27.1%29.5%27.2%29.5%
IV Rank32.9%0.0%100.0%45.3%100.0%
IV Percentile60.1%0.0%100.0%95.4%100.0%
Term Structure7.1%-14.1%23.2%-4.6%4.8%
VWIV33.8%26.6%39.3%26.6%35.3%
Skew 25d14.7%-6.0%87.4%6.6%11.9%
Skew 10d33.5%-4.3%154.9%18.6%37.1%
Call IV 25d28.3%16.6%37.4%27.6%26.0%
Put IV 25d43.0%19.8%108.1%34.2%37.9%
Bid-Ask Spread %74.2734.65117.12100.9046.71
Gamma HHI0.380.230.590.230.30
Net GEX-14.7K-86.1K56.1K56.1K-24
Net DEX2.3M-198.4K3.9M725.0K3.4M
Net VEX-22.1K-29.3K-18.2K-26.8K-21.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.001.850.051.00
Total Volume778.85714,635448
Total OI15,023.812,57616,28916,13015,044

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$13.52$12.0047.2%13.5%30.7%45.3%26.6%6.6%-4.6%56.1K725.0K-26.8K0.05100.9042210,7295,401
2026-03-03$13.38$12.0036.5%10.5%30.8%28.9%37.3%62.3%0.9%-12.6K-198.4K-29.3K0.23117.1231710,7505,401
2026-03-04$13.54$12.0027.2%7.8%31.1%14.4%0.0%24.7%17.3%-7.6K637.6K-24.1K0.00104.167010,7695,407
2026-03-05$13.66$15.0033.4%7.9%30.7%24.0%0.0%29.3%6.3%-53.1K664.0K-20.2K0.08112.8413110,7765,407
2026-03-06$13.37$15.0023.8%10.6%30.6%9.2%0.0%6.8%-0.6%-44.1K833.6K-23.6K0.02113.17116210,7875,407
2026-03-09$13.32$15.0033.5%8.2%29.9%24.2%33.5%-3.9%13.3%-5.8K897.9K-23.2K0.00112.3114,5963910,8815,408
2026-03-10$12.83$15.0036.6%10.4%32.2%28.9%36.8%-6.0%14.9%-31.8K3.1M-21.5K0.44112.2132149,6285,407
2026-03-11$12.99$14.0033.0%9.5%32.4%23.5%32.1%2.8%23.2%-52.8K2.9M-22.3K0.20111.5359129,6315,350
2026-03-12$12.65$14.0035.0%92.8%33.2%26.5%36.2%16.8%9.4%-50.8K3.0M-22.7K1.6339.0016269,7185,362
2026-03-13$12.64$14.0035.9%10.5%28.9%28.0%0.0%-0.8%-0.5%-46.5K3.1M-21.2K0.0043.891809,7185,301
2026-03-16$12.80$14.00246.8%7.7%29.4%100.0%0.0%-5.5%10.6%-83.0K3.0M-22.1K1.8547.9413249,7195,301
2026-03-17$12.78$14.0015.2%9.0%29.3%0.0%31.3%14.4%14.3%-86.1K3.5M-18.7K0.0943.40150149,7225,323
2026-03-18$12.59$14.00293.8%21.4%29.3%100.0%0.0%87.4%-14.1%-33.7K1.9M-25.7K0.4574.061159,7535,320
2026-03-20$12.70$13.0028.0%9.0%29.6%15.7%31.6%8.1%9.4%33.0K3.5M-19.1K1.6239.7313219,7665,315
2026-03-23$13.20$13.0013.3%9.6%33.1%0.0%30.3%3.0%7.5%41.0K2.4M-20.2K0.1154.47105128,4554,121
2026-03-24$13.07$13.0033.5%9.7%30.8%24.2%34.3%4.6%7.5%44.3K2.6M-18.9K0.3334.6554188,5204,128
2026-03-25$12.96$13.0030.5%8.9%27.3%19.6%31.0%-3.7%11.0%43.1K2.6M-18.2K0.4566.5922108,5664,138
2026-03-27$12.57$13.0036.0%10.3%28.2%28.1%39.3%12.9%5.4%-2.6K3.5M-22.1K0.7039.1727198,5716,433
2026-03-30$12.50$13.0028.9%8.3%28.2%17.1%38.2%22.6%6.0%-1.3K3.9M-19.9K0.1371.551628,5856,458
2026-03-31$12.74$13.00265.0%76.0%29.0%100.0%35.3%11.9%4.8%-243.4M-21.6K1.0046.71448,5856,459