BDN Options History — October 2017

In October 2017, BDN traded between $17.36 and $18.12. ATM implied volatility averaged 15.4%, placing in the 8.4% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 5.1% (HV 20d: 10.3%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.22.

Notable Days

  • 2017-10-20: Highest Volume — 202 contracts
  • 2017-10-12: Largest IV spike — 57.0% change
  • 2017-10-12: Highest IV Rank — 24.4%
  • 2017-10-12: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.71$17.36$18.12$17.56$17.50
Max Pain$17.50$17.50$17.50$17.50$17.50
ATM IV15.4%11.7%24.6%17.6%13.1%
Expected Move4.5%3.3%7.1%5.0%3.7%
HV 20d10.3%5.7%13.4%13.4%12.6%
HV 60d13.6%12.8%14.1%13.8%13.7%
IV Rank8.4%1.9%24.4%12.1%4.4%
IV Percentile14.2%1.6%78.6%21.4%5.2%
Term Structure-0.3%-8.7%6.1%-2.5%1.9%
VWIV15.7%11.7%24.0%17.6%13.1%
Skew 25d0.5%-8.4%41.0%1.4%-3.8%
Skew 10d8.2%-7.8%100.7%2.1%-6.4%
Call IV 25d18.1%14.0%26.9%19.0%16.9%
Put IV 25d18.6%11.7%55.2%20.4%13.1%
Bid-Ask Spread %48.1217.38104.5620.8122.87
Gamma HHI0.950.881.000.990.89
Net GEX61.9K6.7K163.8K93.3K13.0K
Net DEX-534.4K-984.8K87.7K-489.5K-120.0K
Net VEX-1.3K-1.7K-918-1.7K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.801.541.020.96
Total Volume144.1369120291139
Total OI733.045342952860354

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-10-02$17.56$17.5017.6%5.0%13.4%12.1%17.6%1.4%-2.5%93.3K-489.5K-1.7K1.0220.814546729131
2017-10-03$17.62$17.5016.5%4.7%12.6%10.3%16.6%1.1%-1.6%97.1K-653.1K-1.7K1.4718.104566731131
2017-10-04$17.75$17.5015.7%4.5%12.7%8.8%15.9%-0.1%-0.1%98.1K-709.0K-1.6K1.4720.104566731151
2017-10-05$17.85$17.5016.8%5.0%11.4%10.8%17.0%2.1%-0.2%94.9K-756.6K-1.5K1.5121.615786731151
2017-10-06$17.82$17.5016.5%4.4%10.9%10.3%15.4%-2.0%1.3%96.2K-709.5K-1.7K1.5134.505786740171
2017-10-09$17.81$17.5016.5%5.1%9.1%10.3%17.6%3.6%-1.9%91.4K-758.4K-1.5K1.5117.385786740171
2017-10-10$17.89$17.5013.3%5.0%8.8%4.7%17.4%41.0%-0.2%97.3K-899.6K-1.3K1.5120.145786740171
2017-10-11$18.05$17.5015.7%4.5%7.3%8.9%15.5%1.8%1.2%71.5K-929.9K-1.3K1.5429.985788740171
2017-10-12$18.11$17.5024.6%7.1%6.0%24.4%24.0%2.1%-8.7%63.5K-888.4K-1.3K1.47104.566088740173
2017-10-13$18.12$17.5016.3%4.7%6.0%9.9%17.0%-3.6%-2.1%61.1K-984.8K-1.1K1.4444.806188743173
2017-10-16$18.05$17.5017.4%5.0%5.7%11.8%17.6%-1.7%-0.4%70.5K-952.6K-1.1K1.18102.747892743173
2017-10-17$17.95$17.5013.6%3.9%6.4%5.2%14.3%-8.4%6.1%86.0K-895.3K-1.2K1.2494.397492763179
2017-10-18$17.95$17.5016.2%4.6%5.9%9.8%16.3%-3.8%0.8%86.7K-921.4K-1.1K1.2492.727492763179
2017-10-19$17.47$17.5013.3%3.8%11.9%4.7%13.1%0.9%-0.8%163.8K-465.5K-1.1K1.01103.948788763179
2017-10-20$17.36$17.5015.2%4.4%12.1%8.0%15.2%1.3%-0.1%6.7K87.7K-9180.8026.1311290773179
2017-10-23$17.49$17.5014.1%4.0%12.2%6.0%14.1%-3.2%2.4%11.0K-116.4K-1.1K1.0146.22676825290
2017-10-24$17.55$17.5015.5%4.4%12.2%8.6%15.5%-2.5%-1.6%12.0K-130.1K-1.1K1.0142.90676826890
2017-10-25$17.41$17.5011.7%3.3%12.5%1.9%11.7%-4.0%1.2%12.2K-112.1K-1.1K0.9625.58716826890
2017-10-26$17.40$17.5013.4%3.8%12.5%4.9%13.4%-3.9%-1.7%11.7K-114.5K-1.1K0.96101.06716826490
2017-10-27$17.43$17.5014.1%4.0%12.5%6.1%14.1%-3.2%-0.0%12.0K-128.5K-1.1K0.9630.73716826490
2017-10-30$17.39$17.5012.6%3.6%12.4%3.5%12.6%-3.5%0.9%12.4K-108.3K-1.1K0.9637.36716826490
2017-10-31$17.50$17.5013.1%3.7%12.6%4.4%13.1%-3.8%1.9%13.0K-120.0K-1.1K0.9622.87716826490