BDX Options History — April 2019

In April 2019, BDX traded between $172.63 and $193.58. ATM implied volatility averaged 23.6%, placing in the 45.5% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 0.2% (HV 20d: 23.4%). Max pain ranged from $184.08 to $191.75. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.99.

Notable Days

  • 2019-04-18: Highest Volume — 8,219 contracts
  • 2019-04-17: Largest IV spike — 29.1% change
  • 2019-04-17: Highest IV Rank — 80.6%
  • 2019-04-17: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$185.64$172.63$193.58$192.52$184.02
Max Pain$187.36$184.08$191.75$184.08$184.08
ATM IV23.6%17.4%31.6%19.6%25.9%
Expected Move7.1%5.6%9.0%5.8%8.5%
HV 20d23.4%15.9%29.4%21.0%29.4%
HV 60d19.2%16.9%22.3%18.5%22.1%
IV Rank45.5%18.1%80.6%27.9%55.6%
IV Percentile73.9%38.9%98.8%52.4%85.7%
Term Structure-0.4%-2.1%3.5%1.5%-0.7%
VWIV25.6%18.5%33.0%19.4%32.5%
Skew 25d4.5%2.5%6.5%3.0%5.0%
Skew 10d8.7%3.3%12.5%6.4%10.7%
Call IV 25d22.3%17.1%29.8%20.9%23.5%
Put IV 25d26.7%19.6%35.5%24.0%28.5%
Bid-Ask Spread %21.7915.0536.5815.9923.37
Gamma HHI0.120.080.230.120.08
Net GEX587.8K-5.3M6.5M3.7M681.2K
Net DEX-1.4M-55.1M85.6M-43.3M-5.1M
Net VEX-392.5K-470.3K-331.2K-379.5K-452.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.990.255.840.860.87
Total Volume2,423.4292488,2192481,126
Total OI20,150.71416,33625,82116,33624,346

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$192.52$184.0819.6%5.8%21.0%27.9%19.4%3.0%1.5%3.7M-43.3M-379.5K0.8615.99N/AN/A1341148,5837,753
2019-04-02$192.60$184.0818.3%5.7%21.0%22.0%23.6%3.8%1.6%4.0M-43.5M-379.8K1.3920.02N/AN/A5057008,6927,797
2019-04-03$191.04$191.7520.3%5.6%20.6%30.8%18.6%3.5%-2.0%2.7M-34.4M-377.9K0.5219.10N/AN/A1,4027358,9778,301
2019-04-04$192.49$191.7519.0%5.6%20.3%25.2%19.4%6.5%0.6%5.0M-46.4M-384.0K0.4916.93N/AN/A1,3676749,4198,450
2019-04-05$192.87$191.7517.4%5.6%20.3%18.1%18.5%2.5%3.5%6.0M-52.4M-370.9K0.8916.71N/AN/A1,2151,0869,9568,450
2019-04-08$192.02$191.7520.0%5.8%19.7%29.3%22.3%4.2%-0.5%4.3M-40.4M-371.8K0.5719.41N/AN/A1861069,4838,002
2019-04-09$191.69$191.7520.2%5.8%19.6%30.6%21.2%3.5%-0.2%4.3M-39.5M-375.3K0.2520.21N/AN/A6791689,5858,092
2019-04-10$193.58$191.7520.2%5.9%19.6%30.2%21.8%3.4%0.4%6.5M-55.1M-370.3K0.6718.62N/AN/A1,0356889,7428,129
2019-04-11$193.04$184.0820.9%6.1%19.6%33.5%23.2%3.4%0.3%5.8M-50.9M-367.3K3.1420.75N/AN/A7922,48910,0608,393
2019-04-12$189.29$184.0821.9%6.1%20.6%38.0%22.4%4.3%-0.7%-2.2M-11.0M-394.0K2.0031.95N/AN/A5851,17210,10610,210
2019-04-15$188.34$191.7521.9%6.2%15.9%38.1%22.1%4.6%0.0%-1.6M-3.5M-385.4K4.3524.91N/AN/A1677269,43810,306
2019-04-16$184.22$191.7524.4%7.0%17.3%49.2%22.2%5.1%-1.8%-5.3M26.6M-376.2K3.6629.62N/AN/A4311,5799,49810,722
2019-04-17$173.12$191.7531.6%9.0%27.5%80.6%31.9%5.7%-2.1%-3.9M85.6M-331.2K2.6036.58N/AN/A1,9505,0639,89911,317
2019-04-18$174.84$184.0829.0%8.4%27.7%69.4%31.0%5.5%-0.9%-3.3M80.2M-396.1K5.8428.39N/AN/A1,2017,01810,70513,664
2019-04-22$172.63$184.0829.3%8.8%27.4%70.9%33.0%5.7%-1.7%-3.6M70.2M-376.6K2.7818.02N/AN/A3289158,72011,836
2019-04-23$174.76$184.0828.4%8.5%27.9%66.5%30.2%5.1%-1.5%-3.6M59.3M-392.1K2.8424.38N/AN/A5611,5938,92312,265
2019-04-24$178.72$184.0827.3%8.3%28.0%61.9%30.7%5.2%-1.5%-2.9M38.9M-415.0K2.5315.05N/AN/A5501,3899,12012,663
2019-04-25$182.67$184.0826.9%8.4%29.4%60.1%29.8%4.8%-1.3%-2.1M15.2M-430.7K0.8918.39N/AN/A3,1242,7969,28612,857
2019-04-26$182.56$184.0826.8%8.5%29.3%59.4%32.3%4.3%-1.2%-859.8K6.2M-470.3K3.5919.20N/AN/A7492,69211,33914,482
2019-04-29$181.51$184.0826.5%8.7%29.0%58.4%32.0%5.0%-0.8%-1.0M13.4M-445.0K1.1119.88N/AN/A52258010,61412,985
2019-04-30$184.02$184.0825.9%8.5%29.4%55.6%32.5%5.0%-0.7%681.2K-5.1M-452.8K0.8723.37N/AN/A60252411,06013,286