BDX Options History — February 2018

In February 2018, BDX traded between $163.07 and $185.00. ATM implied volatility averaged 21.4%, placing in the 66.6% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded below realized volatility by 4.1% (HV 20d: 25.5%). Max pain ranged from $176.41 to $176.41. Net GEX was positive for 1 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 2.54.

Notable Days

  • 2018-02-14: Highest Volume — 5,001 contracts
  • 2018-02-08: Largest IV spike — 27.5% change
  • 2018-02-05: Highest IV Rank — 100.0%
  • 2018-02-05: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$171.15$163.07$185.00$185.00$170.74
Max Pain$176.41$176.41$176.41$176.41$176.41
ATM IV21.4%18.0%26.7%26.2%18.9%
Expected Move6.1%5.3%7.6%6.1%5.7%
HV 20d25.5%13.9%29.1%13.9%28.6%
HV 60d19.6%15.7%21.1%15.7%21.1%
IV Rank66.6%44.8%100.0%97.3%50.6%
IV Percentile91.6%78.6%100.0%99.2%84.5%
Term Structure11.7%-2.0%229.8%229.8%-0.5%
VWIV23.3%19.5%33.0%23.0%20.4%
Skew 25d3.2%1.2%8.2%1.3%2.7%
Skew 10d6.5%2.8%12.3%3.4%5.6%
Call IV 25d20.4%17.2%25.2%21.7%18.3%
Put IV 25d23.5%19.9%33.4%23.0%21.1%
Bid-Ask Spread %63.3337.9779.7575.6766.13
Gamma HHI0.140.090.180.180.13
Net GEX-1.2M-2.3M211.0K-390.6K-374.1K
Net DEX40.4M-19.8M70.4M-19.8M34.1M
Net VEX-371.7K-433.0K-305.9K-334.5K-410.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.541.743.423.422.13
Total Volume3,843.1052,9715,0013,2733,506
Total OI20,317.63216,36323,63716,36322,322

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$185.00$176.4126.2%6.1%13.9%97.3%23.0%1.3%229.8%-390.6K-19.8M-334.5K3.4275.67N/AN/A7402,5336,05010,313
2018-02-02$181.85$176.4123.2%6.5%15.9%77.7%24.4%1.2%0.0%-626.2K-3.1M-349.5K3.0043.46N/AN/A8232,4696,04710,886
2018-02-05$176.27$176.4126.7%7.6%20.1%100.0%28.8%2.1%-0.1%-927.9K24.9M-351.6K2.5679.75N/AN/A8592,2016,12611,284
2018-02-06$174.74$176.4121.7%5.9%20.4%68.5%25.6%3.4%-1.9%-946.9K37.5M-317.9K2.4271.03N/AN/A1,1122,6896,43111,844
2018-02-07$170.92$176.4120.0%6.0%20.5%57.5%25.3%3.3%0.8%-1.4M53.9M-308.0K1.9664.87N/AN/A1,2412,4306,58112,343
2018-02-08$163.07$176.4125.5%7.3%26.2%92.6%27.1%4.4%0.1%-1.5M70.4M-305.9K1.7464.62N/AN/A1,5622,7186,70512,578
2018-02-09$166.64$176.4126.4%7.0%27.5%98.1%33.0%8.2%-2.0%-978.4K64.5M-339.9K1.8768.57N/AN/A1,6793,1416,87913,137
2018-02-12$168.15$176.4124.2%7.0%27.6%84.5%25.4%4.1%-1.1%-1.4M56.1M-347.0K3.0363.26N/AN/A1,1553,5036,96413,670
2018-02-13$165.25$176.4122.8%6.5%27.9%75.2%25.3%3.6%0.2%-1.7M69.9M-358.6K2.7563.90N/AN/A1,2663,4817,18014,371
2018-02-14$168.69$176.4119.7%5.6%28.9%55.4%20.1%2.8%-0.3%-1.5M57.2M-383.8K2.8771.72N/AN/A1,2923,7097,32515,195
2018-02-15$170.46$176.4119.9%5.7%29.1%56.5%19.9%3.3%-0.9%-1.5M50.5M-433.0K3.1169.61N/AN/A1,1743,6497,35716,145
2018-02-16$171.48$176.4119.0%5.5%28.9%51.0%19.5%3.1%-0.6%-1.3M44.0M-427.9K2.2469.03N/AN/A1,2172,7277,40916,228
2018-02-20$168.71$176.4119.9%5.9%29.0%56.6%21.4%3.0%0.3%-1.2M42.0M-399.4K2.5255.07N/AN/A9212,3185,92813,847
2018-02-21$167.95$176.4119.2%5.9%28.9%52.5%21.0%2.5%-0.2%-1.9M44.5M-393.6K2.9161.05N/AN/A8712,5366,10914,347
2018-02-22$167.55$176.4119.6%5.8%28.0%54.7%22.2%3.1%-0.3%-2.3M50.4M-409.1K2.8454.66N/AN/A7732,1986,26614,575
2018-02-23$168.77$176.4118.0%5.3%27.2%44.8%19.6%2.8%0.1%-1.6M44.7M-403.3K2.7663.85N/AN/A8642,3856,30714,697
2018-02-26$172.55$176.4118.2%5.4%28.3%45.8%21.0%2.7%-0.7%-1.1M26.0M-390.5K1.9137.97N/AN/A1,2752,4326,19514,651
2018-02-27$173.03$176.4118.4%5.5%28.4%47.1%20.0%2.6%-0.1%211.0K20.1M-398.5K2.2659.10N/AN/A1,0962,4746,69715,046
2018-02-28$170.74$176.4118.9%5.7%28.6%50.6%20.4%2.7%-0.5%-374.1K34.1M-410.6K2.1366.13N/AN/A1,1182,3887,04315,279