BDX Options History — February 2007

In February 2007, BDX traded between $57.36 and $59.93. ATM implied volatility averaged 15.2%. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 1.4% (HV 20d: 13.8%). Max pain ranged from $53.69 to $57.52. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.50.

Notable Days

  • 2007-02-27: Highest Volume — 910 contracts
  • 2007-02-26: Largest IV spike — 64.9% change
  • 2007-02-05: Largest Expected Move — 4.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.23$57.36$59.93$59.37$58.25
Max Pain$53.89$53.69$57.52$57.52$53.69
ATM IV15.2%9.9%17.4%17.0%16.2%
Expected Move4.4%2.8%4.9%4.9%4.6%
HV 20d13.8%12.1%17.1%14.0%14.7%
Term Structure0.7%-0.6%2.2%-0.6%0.2%
VWIV14.8%12.2%16.7%16.5%14.8%
Skew 25d3.0%1.7%7.1%2.6%7.1%
Skew 10d3.7%-0.6%11.9%4.9%11.9%
Call IV 25d13.6%11.3%14.5%14.3%11.3%
Put IV 25d16.6%15.0%19.2%16.9%18.4%
Bid-Ask Spread %13.037.1121.2421.247.11
Gamma HHI0.420.360.480.390.36
Net GEX780.4K485.9K894.5K692.8K485.9K
Net DEX-18.7M-23.8M-8.6M-21.0M-10.9M
Net VEX-56.2K-61.3K-51.6K-60.2K-56.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.001.751.010.21
Total Volume296.94761910519445
Total OI10,544.2119,45911,46310,74310,293

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-02-01$59.37$57.5217.0%4.9%14.0%0.0%16.5%2.6%-0.6%692.8K-21.0M-60.2K1.0121.24N/AN/A2582615,6915,052
2007-02-02$59.16$53.6916.5%4.7%13.5%0.0%13.2%3.0%1.4%710.2K-20.0M-60.8K0.1712.94N/AN/A107185,6544,960
2007-02-05$59.33$53.6917.4%4.9%13.5%0.0%15.9%3.2%0.5%741.4K-19.9M-61.3K0.8412.87N/AN/A33285,7254,960
2007-02-06$59.54$53.6911.0%4.0%13.5%0.0%15.8%3.0%1.8%756.0K-20.8M-59.0K0.6817.48N/AN/A134905,7534,988
2007-02-07$59.79$53.6910.9%4.1%13.3%0.0%14.3%2.5%1.5%774.1K-22.5M-56.9K0.7617.65N/AN/A113865,8124,996
2007-02-08$59.93$53.6913.9%4.0%13.3%0.0%14.3%2.6%1.9%790.8K-22.8M-55.7K0.667.45N/AN/A2301535,8615,056
2007-02-09$59.44$53.6916.2%4.6%13.9%0.0%14.4%2.7%0.9%853.9K-21.1M-57.9K0.4312.79N/AN/A90396,0135,139
2007-02-12$58.90$53.6916.9%4.8%14.4%0.0%15.3%3.0%0.4%834.7K-19.4M-59.2K0.3718.00N/AN/A148556,0385,131
2007-02-13$58.91$53.6916.7%4.8%14.4%0.0%15.8%3.0%0.4%827.0K-18.7M-60.0K0.0018.57N/AN/A15506,0925,097
2007-02-14$59.33$53.6916.4%4.7%14.5%0.0%13.5%2.8%0.7%814.1K-22.1M-54.1K0.578.59N/AN/A3361916,1535,097
2007-02-15$59.41$53.6916.1%4.6%13.7%0.0%13.9%2.6%0.5%825.7K-22.3M-53.8K0.2810.23N/AN/A275796,1785,068
2007-02-16$59.77$53.6913.2%3.8%13.8%0.0%13.6%2.5%2.2%894.5K-23.8M-53.8K0.1010.48N/AN/A387416,3425,121
2007-02-20$59.44$53.6916.3%4.7%13.6%0.0%14.2%2.2%-0.1%848.1K-16.4M-52.7K1.3510.74N/AN/A1001365,0804,379
2007-02-21$59.37$53.6916.2%4.6%13.6%0.0%16.0%2.3%0.1%818.0K-16.1M-53.9K0.1911.04N/AN/A139275,1414,505
2007-02-22$59.40$53.6915.7%4.5%12.5%0.0%15.2%1.7%0.1%861.4K-16.2M-52.7K0.099.01N/AN/A7165,2054,532
2007-02-23$59.50$53.699.9%2.8%12.1%0.0%12.2%2.7%2.1%863.5K-16.6M-52.7K0.0014.94N/AN/A11405,2024,535
2007-02-26$59.22$53.6916.3%4.7%12.3%0.0%16.7%2.0%-0.5%851.0K-15.6M-51.6K0.0414.84N/AN/A373145,1944,535
2007-02-27$57.36$53.6916.1%4.6%17.1%0.0%16.1%6.2%0.2%585.5K-8.6M-54.7K1.7511.57N/AN/A3315795,2134,549
2007-02-28$58.25$53.6916.2%4.6%14.7%0.0%14.8%7.1%0.2%485.9K-10.9M-56.8K0.217.11N/AN/A366795,2755,018