BDX Options History — April 2018

In April 2018, BDX traded between $163.83 and $180.40. ATM implied volatility averaged 24.2%, placing in the 84.2% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 1.7% (HV 20d: 22.5%). Max pain ranged from $166.82 to $176.41. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.64.

Notable Days

  • 2018-04-16: Highest Volume — 5,030 contracts
  • 2018-04-27: Largest IV drop — 6.2% change
  • 2018-04-06: Highest IV Rank — 96.4%
  • 2018-04-25: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$173.61$163.83$180.40$163.83$178.77
Max Pain$169.47$166.82$176.41$168.74$176.41
ATM IV24.2%22.0%26.1%25.3%22.3%
Expected Move7.0%6.4%7.5%7.1%7.5%
HV 20d22.5%19.9%25.0%20.3%19.9%
HV 60d23.5%22.5%24.0%22.5%23.8%
IV Rank84.2%70.5%96.4%91.5%72.4%
IV Percentile93.9%87.3%98.0%97.6%88.1%
Term Structure-0.9%-2.0%0.3%-0.5%-0.3%
VWIV24.7%23.0%26.3%24.5%26.3%
Skew 25d3.0%2.6%3.4%2.8%2.8%
Skew 10d6.8%4.7%10.5%9.7%6.0%
Call IV 25d23.1%20.5%25.4%24.4%20.5%
Put IV 25d26.1%23.3%28.3%27.1%23.3%
Bid-Ask Spread %32.0315.5945.4245.4233.54
Gamma HHI0.120.100.170.170.11
Net GEX716.0K-2.9M3.3M-2.5M3.0M
Net DEX-18.7M-79.1M45.3M45.3M-49.9M
Net VEX-410.8K-430.5K-393.7K-408.6K-414.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.640.952.551.731.24
Total Volume3,973.7622,7965,0303,0974,386
Total OI22,011.1918,75524,85118,75524,358

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-04-02$163.83$168.7425.3%7.1%20.3%91.5%24.5%2.8%-0.5%-2.5M45.3M-408.6K1.7345.42N/AN/A1,1331,9646,29812,457
2018-04-03$166.14$166.8225.3%6.7%21.0%91.4%23.4%3.1%-0.6%-2.3M33.6M-407.4K1.6525.85N/AN/A1,2492,0616,45212,621
2018-04-04$167.99$166.8225.2%6.4%21.3%90.8%23.0%2.9%-0.8%-1.7M21.1M-418.3K1.9328.17N/AN/A1,1982,3146,82312,742
2018-04-05$168.73$168.7424.6%6.7%20.9%86.8%24.2%3.0%-0.7%-1.6M16.3M-421.0K2.2018.79N/AN/A1,0112,2296,99612,977
2018-04-06$164.51$168.7426.1%7.3%21.9%96.4%25.7%3.1%-2.0%-2.9M42.9M-416.3K2.2622.53N/AN/A1,0492,3757,06913,061
2018-04-09$167.75$168.7425.6%7.0%22.6%93.1%24.4%3.4%-1.0%-2.0M23.2M-404.7K2.2524.09N/AN/A9512,1417,03913,061
2018-04-10$171.18$168.7425.8%7.3%23.9%94.2%25.2%2.8%-0.3%-782.3K1.7M-405.3K1.8543.45N/AN/A1,0811,9987,09513,177
2018-04-11$170.11$168.7425.5%7.1%23.7%92.6%24.3%3.1%-0.7%-1.2M9.7M-414.0K1.8321.99N/AN/A9871,8097,36213,523
2018-04-12$171.88$168.7424.6%7.1%24.0%86.9%24.9%3.3%0.3%-405.8K-2.8M-402.2K1.9515.59N/AN/A9491,8557,51813,588
2018-04-13$172.78$168.7424.7%6.9%24.1%87.5%24.1%3.2%-1.2%79.7K-5.3M-410.0K1.0125.36N/AN/A2,4372,4567,60713,766
2018-04-16$176.27$168.7424.0%6.8%25.0%83.1%24.6%3.1%-0.5%2.1M-42.7M-404.9K0.9540.74N/AN/A2,5752,4558,86714,305
2018-04-17$179.04$168.7423.4%6.7%24.5%79.4%23.8%2.7%-1.2%3.0M-68.0M-398.0K1.5434.99N/AN/A1,8532,8479,65114,587
2018-04-18$179.84$168.7423.5%6.7%24.4%79.6%24.1%3.0%-1.6%2.9M-73.5M-410.9K1.5634.33N/AN/A1,7712,7559,85414,778
2018-04-19$180.40$168.7422.5%6.5%24.3%73.5%24.0%2.6%0.2%2.8M-79.1M-399.9K1.5344.81N/AN/A1,8612,8449,97814,819
2018-04-20$178.43$168.7423.1%6.7%22.7%77.2%25.1%3.0%-1.3%3.3M-67.0M-404.8K2.5538.00N/AN/A1,1823,01010,07214,779
2018-04-23$178.39$168.7422.7%6.8%21.8%74.6%23.9%3.4%-0.2%2.4M-41.2M-393.7K1.4434.20N/AN/A1,9082,7498,61312,906
2018-04-24$176.12$168.7423.6%7.2%21.6%80.6%25.4%3.1%-0.9%2.4M-27.8M-421.1K1.3842.31N/AN/A1,9512,6889,33313,130
2018-04-25$175.26$168.7424.5%7.5%21.1%85.9%26.3%2.7%-1.2%2.3M-22.9M-430.5K1.4130.70N/AN/A1,8492,6179,67513,277
2018-04-26$178.78$172.5723.5%7.2%21.8%79.8%25.3%3.3%-2.0%3.0M-48.8M-422.8K1.1044.98N/AN/A2,1422,3659,97013,532
2018-04-27$179.62$176.4122.0%7.0%21.0%70.5%25.3%2.6%-1.6%3.1M-57.5M-418.0K1.0622.88N/AN/A2,1322,26210,44914,070
2018-04-30$178.77$176.4122.3%7.5%19.9%72.4%26.3%2.8%-0.3%3.0M-49.9M-414.8K1.2433.54N/AN/A1,9592,42710,48913,869