BDX Options History — October 2018

In October 2018, BDX traded between $173.52 and $202.35. ATM implied volatility averaged 24.4%, placing in the 79.7% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 6.4% (HV 20d: 18.0%). Max pain ranged from $187.91 to $207.09. Net GEX was positive for 8 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 1.16.

Notable Days

  • 2018-10-26: Highest Volume — 8,528 contracts
  • 2018-10-08: Largest IV spike — 21.6% change
  • 2018-10-11: Highest IV Rank — 100.0%
  • 2018-10-29: Largest Expected Move — 10.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$185.70$173.52$202.35$201.83$177.30
Max Pain$196.92$187.91$207.09$199.42$187.91
ATM IV24.4%17.1%31.1%17.1%28.2%
Expected Move7.3%4.1%10.5%4.1%9.7%
HV 20d18.0%12.7%20.9%12.7%20.7%
HV 60d14.8%11.7%16.1%11.8%16.1%
IV Rank79.7%39.0%100.0%39.0%85.4%
IV Percentile87.2%52.4%100.0%52.4%98.8%
Term Structure-0.5%-2.4%5.1%-0.2%-0.6%
VWIV24.7%13.0%35.1%13.0%33.8%
Skew 25d2.9%1.3%4.5%1.5%3.5%
Skew 10d6.0%1.5%8.5%2.9%7.4%
Call IV 25d23.4%16.7%29.4%17.1%26.7%
Put IV 25d26.3%18.1%32.8%18.6%30.2%
Bid-Ask Spread %28.1413.2757.1622.6921.76
Gamma HHI0.130.080.300.150.18
Net GEX-175.5K-4.6M5.7M5.1M-2.9M
Net DEX15.2M-80.3M64.8M-77.8M51.5M
Net VEX-407.3K-551.8K-329.3K-428.5K-542.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.643.020.641.33
Total Volume3,969.7392,4548,5283,6554,097
Total OI17,561.69614,30523,65014,93223,650

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$201.83$199.4217.1%4.1%12.7%39.0%13.0%1.5%-0.2%5.1M-77.8M-428.5K0.6422.69N/AN/A2,2341,4219,3855,547
2018-10-02$202.35$199.4217.5%4.1%12.7%41.3%13.4%2.0%-0.1%5.7M-80.3M-437.0K0.7013.27N/AN/A1,9671,3729,7285,753
2018-10-03$198.15$199.4217.9%4.3%13.4%44.3%14.5%2.3%1.2%3.3M-46.0M-430.3K0.7914.24N/AN/A2,1511,7079,7775,826
2018-10-04$193.50$207.0918.5%5.8%15.8%47.7%19.3%2.1%2.5%1.8M-8.1M-413.6K0.8926.11N/AN/A2,1921,9589,9656,193
2018-10-05$194.12$207.0917.7%6.0%15.7%42.9%19.1%1.3%5.1%864.4K-13.2M-423.4K0.9123.47N/AN/A2,1191,91910,1666,705
2018-10-08$192.18$207.0921.6%6.3%16.0%67.4%22.1%2.5%-0.6%658.6K-2.0M-406.7K1.2229.47N/AN/A1,5051,8389,6796,416
2018-10-09$192.22$199.4222.4%6.3%16.0%72.5%21.3%2.4%-0.8%126.4K135.6K-411.2K1.1215.99N/AN/A1,6661,8659,7326,711
2018-10-10$186.49$199.4225.9%7.1%18.3%95.3%22.7%4.5%-1.0%-609.8K25.1M-392.2K1.3550.71N/AN/A1,6182,18810,1206,880
2018-10-11$184.38$199.4227.1%7.5%18.0%100.0%24.7%3.1%-0.9%-1.1M36.4M-378.6K1.3149.45N/AN/A1,7152,24910,2187,460
2018-10-12$186.04$199.4225.6%7.2%18.6%90.7%25.1%2.4%-0.8%-581.0K29.3M-394.1K1.5057.16N/AN/A1,5592,34710,4197,664
2018-10-15$183.62$199.4225.9%7.3%18.4%92.5%24.3%3.6%-1.5%-520.4K33.6M-373.6K1.2129.78N/AN/A1,5721,90510,2937,493
2018-10-16$187.23$199.4224.6%7.0%19.3%84.6%24.1%3.2%-2.0%-177.6K18.3M-382.8K1.1932.34N/AN/A1,5611,85210,3967,342
2018-10-17$187.36$199.4224.2%6.9%19.3%82.0%23.6%3.5%-1.9%133.8K19.1M-383.7K1.0918.14N/AN/A1,5391,68310,4837,514
2018-10-18$183.84$199.4225.2%7.3%19.7%88.2%24.9%2.8%-1.3%-703.6K35.9M-362.9K0.9454.60N/AN/A2,0671,94510,5287,502
2018-10-19$182.53$199.4224.8%7.3%19.6%85.9%25.0%4.0%-1.4%-4.6M40.6M-350.9K0.7925.20N/AN/A2,3681,86910,9447,888
2018-10-22$180.61$191.7525.5%7.8%19.6%89.9%26.4%2.7%-0.7%-938.0K24.2M-340.3K1.3417.55N/AN/A1,0471,4078,0266,279
2018-10-23$177.63$191.7526.9%8.3%19.9%98.6%28.0%3.0%-1.1%-950.8K32.4M-329.3K0.9514.36N/AN/A2,0451,9468,1686,389
2018-10-24$176.52$191.7528.5%8.9%19.7%100.0%29.8%3.5%-1.1%-599.6K35.7M-355.6K0.8717.68N/AN/A1,8271,5879,1667,147
2018-10-25$178.01$187.9127.6%8.8%20.4%95.3%30.8%3.2%-1.0%-663.0K29.8M-356.4K1.6834.02N/AN/A1,9673,3019,2817,163
2018-10-26$175.51$187.9128.1%9.5%20.3%97.9%32.3%2.5%-2.4%-1.4M42.9M-401.5K3.0229.55N/AN/A2,1206,4089,5159,025
2018-10-29$173.52$187.9131.1%10.5%19.6%100.0%35.1%3.4%-0.9%-3.0M64.8M-520.7K1.0332.42N/AN/A1,9532,0169,12913,136
2018-10-30$176.18$187.9129.7%10.0%20.9%92.8%34.7%3.4%-1.1%-2.9M56.5M-551.8K0.8517.14N/AN/A1,9631,6699,30213,816
2018-10-31$177.30$187.9128.2%9.7%20.7%85.4%33.8%3.5%-0.6%-2.9M51.5M-542.6K1.3321.76N/AN/A1,7552,3429,51814,132