BDX Options History — March 2019

In March 2019, BDX traded between $184.91 and $195.05. ATM implied volatility averaged 17.2%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 0.0% (HV 20d: 17.2%). Max pain ranged from $184.08 to $191.75. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 1.29.

Notable Days

  • 2019-03-22: Highest Volume — 4,761 contracts
  • 2019-03-18: Largest IV spike — 16.2% change
  • 2019-03-25: Highest IV Rank — 27.2%
  • 2019-03-25: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$190.41$184.91$195.05$195.05$191.47
Max Pain$185.42$184.08$191.75$184.08$184.08
ATM IV17.2%14.8%19.5%14.8%18.4%
Expected Move5.4%4.1%6.2%4.1%5.6%
HV 20d17.2%12.8%22.1%13.9%21.1%
HV 60d21.8%20.2%23.2%23.2%20.2%
IV Rank17.2%6.8%27.2%6.8%22.7%
IV Percentile35.6%13.5%50.0%13.5%48.0%
Term Structure1.4%-0.3%6.1%-0.2%5.4%
VWIV19.3%15.0%22.8%15.0%18.4%
Skew 25d3.1%2.5%4.2%2.8%3.2%
Skew 10d7.2%5.6%11.9%6.3%7.2%
Call IV 25d15.8%13.8%17.8%14.1%15.3%
Put IV 25d18.9%16.6%21.1%16.9%18.5%
Bid-Ask Spread %25.9613.1338.6638.6622.20
Gamma HHI0.140.100.200.130.18
Net GEX1.9M-3.1M6.4M4.4M4.9M
Net DEX-28.5M-62.0M11.7M-61.9M-39.6M
Net VEX-357.5K-388.0K-340.7K-347.2K-388.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.290.243.400.240.62
Total Volume1,916.3334134,7612,2882,157
Total OI17,221.57112,94319,40118,37317,800

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$195.05$184.0814.8%4.1%13.9%6.8%15.0%2.8%-0.2%4.4M-61.9M-347.2K0.2438.66N/AN/A1,8524368,9509,423
2019-03-04$193.47$184.0816.8%4.8%14.0%15.4%19.5%2.7%-0.0%4.3M-42.9M-352.6K1.4734.72N/AN/A6971,0288,9739,344
2019-03-05$193.77$184.0816.2%4.6%13.9%12.7%20.6%3.2%0.1%4.2M-45.0M-345.6K3.4025.10N/AN/A3081,0468,9428,672
2019-03-06$191.16$184.0817.1%5.0%12.8%16.9%20.1%3.2%-0.3%2.7M-30.9M-341.4K1.1322.85N/AN/A1,4551,6508,9748,688
2019-03-07$188.79$185.9918.0%5.2%13.7%20.9%17.6%4.2%0.4%12.7K-18.3M-356.0K1.2916.33N/AN/A1,2241,5829,5229,183
2019-03-08$188.87$185.9918.1%5.3%13.5%20.9%19.0%3.2%-0.3%1.1M-21.4M-360.5K1.7413.13N/AN/A9931,7299,8409,297
2019-03-11$191.64$184.0816.9%5.2%14.3%15.7%21.5%2.9%-0.1%3.9M-37.8M-354.4K1.2827.53N/AN/A1812329,4419,052
2019-03-12$192.59$184.0816.6%5.2%14.3%14.6%16.5%2.9%0.2%5.3M-46.4M-349.8K2.2625.74N/AN/A1884249,5439,184
2019-03-13$194.42$184.0815.6%5.2%14.0%10.1%16.2%2.7%0.9%6.4M-59.0M-347.3K1.0922.93N/AN/A6186739,5889,362
2019-03-14$193.54$184.0815.7%5.2%14.2%10.3%17.8%2.5%0.5%5.3M-51.3M-349.2K0.8433.68N/AN/A5854929,6009,515
2019-03-15$194.63$184.0815.2%5.1%14.1%8.3%16.4%2.8%1.0%3.2M-62.0M-348.6K0.4931.25N/AN/A1,6368009,8439,558
2019-03-18$187.54$0.0017.6%5.8%19.2%19.2%20.8%3.5%-0.0%-344.1K-8.3M-340.7K1.0629.25N/AN/A1,1641,2307,1525,791
2019-03-19$189.38$184.0816.7%5.4%19.6%14.7%20.9%3.1%0.2%1.0M-19.1M-354.6K1.0022.82N/AN/A8178157,6276,488
2019-03-20$186.91$191.7518.1%5.7%20.1%21.1%20.9%2.9%-0.1%-951.9K-6.3M-350.6K2.1637.12N/AN/A5981,2917,6996,565
2019-03-21$188.19$191.7517.4%5.6%20.1%17.9%20.5%3.5%0.6%-481.4K-11.6M-365.3K1.8121.10N/AN/A6391,1597,8517,249
2019-03-22$184.91$191.7519.3%6.1%20.7%26.4%20.0%3.3%-0.1%-3.1M11.7M-350.1K2.5631.73N/AN/A1,3373,4247,9737,493
2019-03-25$184.96$184.0819.5%6.2%20.6%27.2%22.8%3.3%4.7%-1.5M7.8M-365.6K1.0023.09N/AN/A2582588,0528,316
2019-03-26$188.97$184.0817.6%5.7%22.1%18.9%20.5%3.3%5.4%-125.7K-17.9M-377.5K0.4420.79N/AN/A1,1615118,2018,437
2019-03-27$188.89$184.0817.4%5.8%22.1%18.2%19.9%3.2%6.1%-544.6K-17.4M-379.2K0.7017.62N/AN/A9456598,4598,634
2019-03-28$189.45$184.0818.3%5.7%22.1%22.0%20.1%3.2%5.5%-448.4K-20.8M-382.2K0.6127.59N/AN/A1,2337588,5208,852
2019-03-29$191.47$184.0818.4%5.6%21.1%22.7%18.4%3.2%5.4%4.9M-39.6M-388.0K0.6222.20N/AN/A1,3348238,9008,900