BULL Options History — August 2025

In August 2025, BULL traded between $13.46 and $16.01. ATM implied volatility averaged 96.8%. The 30-day expected move averaged 26.9%. IV traded above realized volatility by 3.9% (HV 20d: 92.9%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.41.

Notable Days

  • 2025-08-29: Highest Volume — 460,962 contracts
  • 2025-08-29: Largest IV drop — 17.7% change
  • 2025-08-06: Largest Expected Move — 28.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.92$13.46$16.01$13.46$13.66
Max Pain$13.69$12.50$15.00$15.00$15.00
ATM IV96.8%78.2%107.6%99.8%78.2%
Expected Move26.9%21.4%28.9%25.5%21.4%
HV 20d92.9%58.6%121.6%121.6%60.8%
HV 60d90.3%87.3%94.4%94.2%88.5%
Term Structure-2.8%-30.2%35.0%-2.2%-4.0%
VWIV99.7%83.0%106.7%101.1%83.0%
Skew 25d-24.4%-39.5%-9.8%-38.3%-13.6%
Skew 10d-55.0%-93.8%9.0%-63.7%-44.4%
Call IV 25d113.3%87.0%130.6%130.6%87.0%
Put IV 25d88.9%73.4%96.5%92.4%73.4%
Bid-Ask Spread %31.7013.1844.7139.6232.62
Gamma HHI0.190.110.560.130.48
Net GEX4.2M-5.3M22.3M681.7K-5.3M
Net DEX-172.8M-278.5M-66.3M-66.3M-97.6M
Net VEX-1.2M-1.4M-988.7K-988.7K-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.170.670.410.62
Total Volume166,630.14353,957460,962155,750460,962
Total OI688,330574,282838,128601,970838,128

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$13.46$15.0099.8%25.5%121.6%0.0%101.1%-38.3%-2.2%681.7K-66.3M-988.7K0.4139.62N/AN/A110,48245,268402,177199,793
2025-08-04$14.41$12.5098.3%28.5%116.4%0.0%106.1%-39.5%-30.2%3.2M-143.0M-1.0M0.3228.26N/AN/A77,18824,600374,697199,585
2025-08-05$15.01$12.5097.0%27.1%117.0%0.0%102.3%-29.7%-4.6%5.2M-193.3M-1.1M0.2823.21N/AN/A72,49320,169400,366208,982
2025-08-06$15.52$12.50107.6%28.9%117.2%0.0%102.7%-22.7%-12.5%6.9M-235.5M-1.1M0.3230.09N/AN/A148,55146,941411,519214,157
2025-08-07$15.38$12.50100.1%28.0%116.5%0.0%104.9%-28.9%-2.5%9.4M-212.6M-1.1M0.4218.48N/AN/A70,01329,462448,238233,276
2025-08-08$14.96$12.5090.5%26.4%116.5%0.0%97.5%-23.4%-1.3%4.9M-131.3M-1.1M0.5733.20N/AN/A169,85896,871454,981251,949
2025-08-11$15.08$12.50100.7%27.5%116.3%0.0%97.7%-16.7%-4.1%4.3M-154.9M-1.1M0.6213.18N/AN/A169,275104,305420,700237,972
2025-08-12$15.45$12.50105.3%27.9%114.6%0.0%99.3%-31.0%-7.7%3.4M-150.6M-1.2M0.2416.21N/AN/A54,73912,936440,737249,567
2025-08-13$15.08$12.5099.2%27.6%114.6%0.0%100.9%-24.0%-2.2%1.5M-115.0M-1.1M0.6632.25N/AN/A139,40391,472450,456254,901
2025-08-14$15.49$12.5097.6%27.1%109.1%0.0%100.0%-21.1%-3.0%6.7M-183.5M-1.2M0.3923.17N/AN/A153,85359,799457,041259,475
2025-08-15$16.01$12.50100.0%27.3%94.2%0.0%106.7%-19.9%-11.8%22.3M-266.9M-1.2M0.1730.80N/AN/A113,74219,692486,929283,789
2025-08-18$15.92$12.5097.5%28.0%84.5%0.0%101.4%-30.1%-3.6%5.8M-240.8M-1.2M0.2939.21N/AN/A90,11826,285396,649210,411
2025-08-19$15.09$15.0095.5%27.4%74.7%0.0%103.8%-27.0%-3.9%3.2M-166.6M-1.2M0.2238.16N/AN/A72,58715,711417,379224,369
2025-08-20$14.37$15.0094.5%27.1%74.4%0.0%103.1%-26.7%1.5%-464.7K-101.3M-1.2M0.3044.71N/AN/A172,85251,753427,455232,407
2025-08-21$14.27$15.0096.7%28.1%71.2%0.0%102.8%-25.6%-2.8%163.7K-126.1M-1.3M0.6729.86N/AN/A71,43447,594484,617252,779
2025-08-22$15.32$15.0095.7%26.3%76.2%0.0%94.5%-17.7%1.0%3.1M-278.5M-1.4M0.5941.03N/AN/A178,478104,420507,769263,471
2025-08-25$15.04$15.0092.2%26.4%76.2%0.0%97.9%-11.1%8.4%4.0M-215.5M-1.4M0.2934.44N/AN/A59,78517,355456,194223,757
2025-08-26$14.95$15.0099.3%26.0%58.6%0.0%94.3%-33.3%-0.2%4.1M-208.1M-1.4M0.2233.09N/AN/A44,1839,774474,132232,384
2025-08-27$14.38$15.0091.3%25.6%60.5%0.0%95.3%-9.8%-8.7%2.6M-158.2M-1.4M0.4243.00N/AN/A52,83321,929487,447236,092
2025-08-28$14.57$15.0095.0%27.2%59.8%0.0%99.2%-21.3%35.0%3.6M-182.6M-1.4M0.6141.21N/AN/A105,35364,715503,951244,252
2025-08-29$13.66$15.0078.2%21.4%60.8%0.0%83.0%-13.6%-4.0%-5.3M-97.6M-1.3M0.6232.62N/AN/A284,726176,236560,389277,739