BDN Options History — February 2007

In February 2007, BDN traded between $34.36 and $36.14. ATM implied volatility averaged 27.4%. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 12.6% (HV 20d: 14.8%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2007-02-01: Highest Volume — 25 contracts
  • 2007-02-05: Largest IV spike — 417.8% change
  • 2007-02-12: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.16$34.36$36.14$34.97$35.62
Max Pain$33.33$30.00$35.00$30.00$35.00
ATM IV27.4%14.6%98.8%18.7%18.4%
Expected Move7.3%4.2%16.6%5.4%5.3%
HV 20d14.8%10.8%18.7%13.2%18.7%
Term Structure-2.2%-17.2%6.9%1.4%2.1%
VWIV16.2%13.9%18.4%13.9%18.4%
Bid-Ask Spread %110.6285.71166.13102.25108.73
Gamma HHI0.720.610.860.630.61
Net GEX2.2K9734.2K1.1K4.2K
Net DEX-50.4K-92.1K-25.5K-25.5K-78.1K
Net VEX-520-659-176-176-659
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume4.158025257
Total OI64.57925862586

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2007-02-01$34.97$30.0018.7%5.4%13.2%0.0%0.0%0.0%1.4%1.1K-25.5K-1760.00102.252501510
2007-02-02$35.16$0.0019.1%5.4%13.1%0.0%0.0%0.0%1.4%2.9K-59.5K-3240.0085.71003110
2007-02-05$35.25$0.0098.8%15.5%11.1%0.0%0.0%0.0%-12.9%1.7K-54.6K-3470.00166.131003110
2007-02-06$35.57$0.0015.0%5.6%10.9%0.0%0.0%0.0%0.7%4.0K-84.9K-4070.0092.85004110
2007-02-07$35.93$0.0017.8%5.6%10.8%0.0%0.0%0.0%1.1%4.0K-92.1K-3920.0095.930204110
2007-02-08$35.61$0.0019.7%5.6%11.1%0.0%0.0%0.0%0.4%1.8K-57.4K-5810.0093.49004130
2007-02-09$35.19$0.0054.9%15.7%12.3%0.0%0.0%0.0%-14.1%1.4K-41.5K-6050.00155.49004130
2007-02-12$34.44$0.0057.9%16.6%15.1%0.0%0.0%0.0%-17.2%973-29.7K-6030.00158.74004130
2007-02-13$34.92$0.0019.7%5.6%15.5%0.0%0.0%0.0%0.4%1.8K-42.0K-5810.0092.32004130
2007-02-14$34.40$0.0020.3%5.8%16.2%0.0%0.0%0.0%-0.0%1.7K-29.3K-5810.0094.07004130
2007-02-15$34.49$0.0019.2%5.5%16.2%0.0%0.0%0.0%0.4%1.7K-27.9K-5780.0094.12004130
2007-02-16$34.36$0.0019.5%5.6%16.1%0.0%0.0%0.0%0.3%1.7K-26.8K-5790.0095.69004130
2007-02-20$34.82$0.0019.8%5.7%16.7%0.0%0.0%0.0%0.1%1.9K-29.2K-5760.0095.19004030
2007-02-21$34.92$0.0029.2%8.4%16.7%0.0%0.0%0.0%-16.1%981-33.4K-5910.00155.13304030
2007-02-22$35.18$0.0019.8%5.7%16.8%0.0%0.0%0.0%0.6%2.2K-45.9K-5960.0096.26004330
2007-02-23$35.69$0.0018.9%5.4%16.2%0.0%0.0%0.0%1.3%2.4K-62.7K-5730.00103.70004330
2007-02-26$36.14$0.0014.6%4.2%16.5%0.0%13.9%0.0%6.9%2.3K-71.4K-5590.00112.06404330
2007-02-27$35.35$35.0019.4%5.6%18.5%0.0%0.0%0.0%1.1%3.4K-66.2K-5720.00103.951004630
2007-02-28$35.62$35.0018.4%5.3%18.7%0.0%18.4%0.0%2.1%4.2K-78.1K-6590.00108.73075630