BDX Options History — January 2007

In January 2007, BDX traded between $53.57 and $59.01. ATM implied volatility averaged 17.4%. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 4.3% (HV 20d: 13.1%). Max pain ranged from $53.69 to $57.52. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.92.

Notable Days

  • 2007-01-24: Highest Volume — 1,688 contracts
  • 2007-01-11: Largest IV spike — 24.8% change
  • 2007-01-09: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.04$53.57$59.01$54.02$59.01
Max Pain$54.65$53.69$57.52$53.69$57.52
ATM IV17.4%15.0%20.0%15.7%17.5%
Expected Move5.2%4.4%5.8%4.5%5.0%
HV 20d13.1%11.8%14.7%12.4%14.4%
Term Structure-0.9%-2.6%4.1%3.9%-1.2%
VWIV18.4%15.4%20.3%15.4%16.4%
Skew 25d3.2%2.1%4.0%3.0%2.8%
Skew 10d5.3%1.3%6.6%5.4%4.2%
Call IV 25d15.9%14.6%16.8%16.8%14.7%
Put IV 25d19.1%17.5%20.2%19.8%17.5%
Bid-Ask Spread %26.2112.6976.7376.7319.87
Gamma HHI0.390.340.420.400.38
Net GEX268.2K-200.9K685.3K-137.9K673.3K
Net DEX-8.6M-19.4M-1.2M-1.8M-19.4M
Net VEX-59.5K-72.3K-53.5K-57.9K-63.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.005.121.331.25
Total Volume419.05301,688138372
Total OI9,038.27,98310,6907,98310,690

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-01-03$54.02$53.6915.7%4.5%0.0%0.0%15.4%3.0%3.9%-137.9K-1.8M-57.9K1.3376.73N/AN/A59794,2403,743
2007-01-04$53.57$53.6915.2%4.4%0.0%0.0%0.0%3.4%4.1%-182.8K-1.3M-57.7K1.6714.59N/AN/A11194,2763,765
2007-01-05$53.69$53.6915.0%5.6%0.0%0.0%19.5%3.9%-1.9%-200.9K-1.2M-56.3K0.3321.53N/AN/A64204,2833,777
2007-01-08$54.03$53.6915.4%5.7%0.0%0.0%19.9%3.5%-2.2%-182.5K-2.2M-54.8K1.0522.63N/AN/A2422544,3163,745
2007-01-09$54.63$53.6916.2%5.8%0.0%0.0%20.3%3.4%-2.1%-130.9K-4.2M-57.5K0.1418.66N/AN/A219314,4713,997
2007-01-10$55.04$53.6915.8%5.8%0.0%0.0%19.7%3.5%-1.5%-13.9K-5.7M-57.5K0.3724.66N/AN/A99374,5603,990
2007-01-11$55.40$53.6919.7%5.7%0.0%0.0%18.7%3.4%-1.6%141.5K-6.9M-57.2K0.7626.59N/AN/A113864,5933,990
2007-01-12$55.20$53.6920.0%5.7%0.0%0.0%0.0%4.0%-1.5%104.3K-6.7M-56.4K0.0026.68N/AN/A3204,6784,044
2007-01-16$55.64$53.6917.7%5.1%0.0%0.0%19.0%3.6%-1.2%248.8K-7.8M-54.0K0.0233.63N/AN/A34164,6784,044
2007-01-17$55.80$53.6917.9%5.1%0.0%0.0%18.9%3.5%-1.6%336.9K-8.9M-54.5K0.7628.86N/AN/A2241694,7424,050
2007-01-18$56.67$53.6918.1%5.2%0.0%0.0%0.0%3.6%-1.3%546.5K-10.8M-54.3K0.2113.80N/AN/A122274,7854,180
2007-01-19$56.75$53.6918.3%5.2%0.0%0.0%18.5%3.0%-1.7%587.6K-11.4M-53.8K0.5912.69N/AN/A2661564,8494,199
2007-01-22$56.34$53.6918.6%5.3%0.0%0.0%19.2%2.1%-1.5%433.8K-9.5M-53.5K5.1217.53N/AN/A1698684,5773,644
2007-01-23$56.69$53.6918.3%5.2%0.0%0.0%18.6%2.8%-1.4%339.7K-8.5M-64.1K0.2416.77N/AN/A183454,6844,322
2007-01-24$57.64$53.6919.8%5.7%0.0%0.0%19.8%3.4%-2.6%482.4K-12.1M-63.7K0.9421.00N/AN/A8718174,8034,301
2007-01-25$57.23$57.5217.3%5.0%12.4%0.0%17.4%2.3%-0.9%528.8K-11.8M-71.0K0.4519.11N/AN/A8433795,4954,924
2007-01-26$57.13$57.5216.5%4.7%12.2%0.0%16.6%2.7%-0.4%509.1K-11.2M-72.3K0.8246.53N/AN/A1671375,5474,924
2007-01-29$57.30$57.5216.7%4.8%11.8%0.0%17.6%3.5%-0.5%595.6K-12.3M-67.9K1.4345.74N/AN/A60865,5484,841
2007-01-30$58.94$57.5217.5%5.0%14.7%0.0%17.7%3.0%-0.5%685.3K-19.1M-62.2K0.8416.63N/AN/A3853235,5764,893
2007-01-31$59.01$57.5217.5%5.0%14.4%0.0%16.4%2.8%-1.2%673.3K-19.4M-63.0K1.2519.87N/AN/A1652075,6635,027