BDX Options History — January 2019

In January 2019, BDX traded between $162.19 and $190.77. ATM implied volatility averaged 24.0%, placing in the 48.5% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded below realized volatility by 4.6% (HV 20d: 28.6%). Max pain ranged from $168.74 to $184.08. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 2.15.

Notable Days

  • 2019-01-18: Highest Volume — 3,211 contracts
  • 2019-01-03: Largest IV spike — 10.3% change
  • 2019-01-03: Highest IV Rank — 75.4%
  • 2019-01-03: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$178.25$162.19$190.77$168.38$190.77
Max Pain$173.21$168.74$184.08$176.41$184.08
ATM IV24.0%20.6%29.8%27.0%20.6%
Expected Move7.1%5.6%9.0%8.1%5.6%
HV 20d28.6%23.6%31.4%26.1%23.6%
HV 60d25.7%24.2%26.2%24.2%25.8%
IV Rank48.5%32.3%75.4%64.3%32.3%
IV Percentile75.4%55.2%98.0%92.5%55.2%
Term Structure-0.2%-1.6%2.5%1.7%-0.2%
VWIV25.5%19.5%30.4%30.4%19.5%
Skew 25d4.0%2.6%5.6%5.5%3.8%
Skew 10d8.9%6.0%11.6%10.8%7.9%
Call IV 25d22.4%18.9%28.1%25.6%18.9%
Put IV 25d26.4%22.7%32.4%31.1%22.8%
Bid-Ask Spread %42.7512.4067.4567.4545.06
Gamma HHI0.200.100.390.260.15
Net GEX-1.1M-8.9M8.1M-7.0M3.5M
Net DEX466.8K-52.3M99.4M57.8M-52.3M
Net VEX-337.2K-363.3K-298.4K-354.9K-363.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.150.619.949.940.88
Total Volume1,3912603,2111,9541,569
Total OI19,206.28614,12022,12019,78917,075

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$168.38$176.4127.0%8.1%26.1%64.3%30.4%5.5%1.7%-7.0M57.8M-354.9K9.9467.45N/AN/A1781,7767,21012,579
2019-01-03$162.19$168.7429.8%9.0%27.1%75.4%29.7%4.7%1.7%-8.9M99.4M-349.3K5.2243.81N/AN/A3321,7347,27113,923
2019-01-04$166.60$168.7427.1%8.0%29.7%64.4%28.6%4.2%2.5%-7.8M67.2M-352.0K2.8047.31N/AN/A4161,1637,39914,269
2019-01-07$168.45$168.7428.3%8.2%29.9%69.5%30.1%4.2%-0.5%-7.2M51.9M-342.1K2.4852.59N/AN/A1533787,29213,131
2019-01-08$170.75$168.7428.1%8.1%30.0%68.5%26.7%3.1%-0.3%-6.5M35.7M-343.4K1.3649.17N/AN/A5557507,38113,370
2019-01-09$174.38$168.7426.7%7.5%31.1%63.0%29.8%4.0%-0.1%-4.2M11.6M-337.3K1.1453.86N/AN/A5446217,58613,654
2019-01-10$175.99$168.7425.6%7.1%31.4%58.7%26.3%5.6%-1.2%-3.3M4.1M-332.5K0.6151.15N/AN/A7874827,70313,768
2019-01-11$174.93$168.7424.5%7.0%31.4%49.6%25.3%3.4%-0.7%-3.3M5.4M-322.3K0.6153.80N/AN/A9095538,02613,774
2019-01-14$173.91$168.7424.7%7.0%31.4%50.2%29.7%4.5%-0.6%-3.9M7.4M-316.6K2.4967.42N/AN/A741867,90413,142
2019-01-15$177.06$168.7423.7%6.8%30.9%45.9%26.6%4.7%-0.8%-641.8K-10.8M-298.4K1.0552.30N/AN/A3563737,95613,198
2019-01-16$177.44$168.7423.3%6.7%29.3%43.9%25.2%4.0%-1.6%-126.8K-13.6M-298.9K2.6853.39N/AN/A3519408,07013,152
2019-01-17$180.76$168.7421.1%6.0%29.9%34.4%20.9%3.8%1.2%1.1M-22.0M-313.0K1.0053.41N/AN/A1,0051,0028,14313,624
2019-01-18$185.30$176.4121.0%6.0%30.5%33.8%20.1%3.5%-0.6%2.7M-44.6M-324.1K1.2027.44N/AN/A1,4591,7528,51013,610
2019-01-22$182.71$176.4122.5%6.6%29.2%40.5%22.0%3.7%-0.2%2.1M-18.7M-322.7K1.3214.32N/AN/A3784996,8997,221
2019-01-23$183.17$176.4122.4%6.7%29.0%40.1%23.7%3.1%-1.1%2.3M-20.2M-332.7K2.0716.82N/AN/A5291,0987,3347,623
2019-01-24$184.61$180.2422.4%6.8%27.2%40.3%24.1%3.8%-1.3%3.1M-26.4M-349.0K3.4412.40N/AN/A4271,4697,5308,249
2019-01-25$186.11$176.4121.1%6.5%26.1%34.2%23.3%4.0%-0.3%8.1M-31.8M-354.3K1.6315.09N/AN/A9081,4827,6718,731
2019-01-28$185.34$178.3221.6%7.0%25.8%36.6%23.2%3.4%-0.6%1.7M-23.3M-360.9K0.6438.05N/AN/A3452207,6378,412
2019-01-29$186.06$178.3221.7%6.8%25.8%37.0%25.1%3.9%-0.6%2.0M-28.0M-357.4K1.4938.15N/AN/A3034527,8728,549
2019-01-30$188.42$178.3221.2%6.8%25.7%35.0%24.9%2.6%0.2%2.9M-39.0M-355.4K1.0844.65N/AN/A3373668,0688,816
2019-01-31$190.77$184.0820.6%5.6%23.6%32.3%19.5%3.8%-0.2%3.5M-52.3M-363.3K0.8845.06N/AN/A8347358,2178,858