BDX Options History — May 2019

In May 2019, BDX traded between $171.38 and $182.74. ATM implied volatility averaged 23.3%, placing in the 44.0% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded below realized volatility by 2.5% (HV 20d: 25.8%). Max pain ranged from $176.41 to $184.08. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.29.

Notable Days

  • 2019-05-08: Highest Volume — 8,403 contracts
  • 2019-05-07: Largest IV spike — 10.9% change
  • 2019-05-07: Highest IV Rank — 65.8%
  • 2019-05-01: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$177.91$171.38$182.74$180.64$179.06
Max Pain$178.15$176.41$184.08$184.08$176.41
ATM IV23.3%19.7%28.2%25.9%22.2%
Expected Move6.7%5.7%8.8%8.8%6.3%
HV 20d25.8%19.0%31.6%30.0%19.8%
HV 60d23.1%22.1%23.9%22.4%23.6%
IV Rank44.0%28.4%65.8%55.8%39.3%
IV Percentile73.6%49.6%93.7%86.1%69.4%
Term Structure-0.2%-1.3%0.6%-0.6%-0.6%
VWIV23.4%19.0%31.3%30.9%21.3%
Skew 25d4.3%3.6%5.3%3.6%4.1%
Skew 10d8.9%6.9%10.3%7.4%8.5%
Call IV 25d21.4%18.3%25.6%24.3%20.4%
Put IV 25d25.7%22.3%30.9%27.9%24.5%
Bid-Ask Spread %22.0511.7140.1024.7213.48
Gamma HHI0.170.080.610.080.19
Net GEX1.2M-19.1M8.8M-929.8K4.4M
Net DEX3.4M-45.5M58.9M17.3M-17.9M
Net VEX-409.7K-462.8K-346.8K-418.1K-400.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.290.223.511.250.66
Total Volume2,228.2735078,4031,1141,195
Total OI24,807.86421,76130,34824,49423,851

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$180.64$184.0825.9%8.8%30.0%55.8%30.9%3.6%-0.6%-929.8K17.3M-418.1K1.2524.72N/AN/A49661811,20013,294
2019-05-02$181.14$184.0824.9%8.7%30.0%51.1%31.3%5.0%0.1%-889.1K16.9M-417.6K0.6322.94N/AN/A81451511,30013,451
2019-05-03$182.15$184.0823.8%8.1%29.9%46.1%29.2%4.1%-0.5%-898.8K9.2M-419.3K0.2925.63N/AN/A2,84382711,79413,540
2019-05-06$182.74$184.0825.4%6.6%29.9%53.5%22.1%4.2%-0.7%2.3M-11.1M-462.8K0.5924.58N/AN/A1,24573512,69511,103
2019-05-07$177.85$184.0828.2%7.6%31.2%65.8%24.9%5.3%-0.9%425.2K22.5M-437.9K0.5040.10N/AN/A1,62480613,60311,555
2019-05-08$178.88$176.4126.8%7.4%31.3%59.6%24.2%4.8%-0.7%1.4M12.3M-449.7K2.4929.80N/AN/A2,4095,99414,44511,994
2019-05-09$176.25$176.4124.1%6.8%31.2%47.9%23.8%4.6%-0.3%-7.0M44.8M-404.7K1.9921.95N/AN/A1,3062,60115,82914,519
2019-05-10$172.99$176.4124.3%6.3%31.6%48.4%23.1%5.2%-0.1%-19.1M58.9M-366.8K3.5124.87N/AN/A5381,89016,15713,706
2019-05-13$171.41$176.4125.9%7.5%31.1%55.8%25.6%5.2%0.4%-1.6M42.5M-346.8K2.7723.96N/AN/A30484213,03510,117
2019-05-14$171.38$176.4124.5%7.0%31.2%49.4%22.3%4.3%-0.1%-2.2M42.8M-352.2K1.0128.95N/AN/A1,9791,98913,32210,565
2019-05-15$172.91$176.4123.4%6.4%30.8%44.4%22.2%4.0%-1.3%-1.2M34.9M-361.4K0.4729.87N/AN/A60028214,47511,071
2019-05-16$172.90$176.4122.0%6.2%21.6%38.4%23.3%3.6%-0.2%-1.0M33.0M-372.4K3.1913.31N/AN/A4481,42714,93511,256
2019-05-17$175.64$176.4120.8%6.0%22.0%33.3%19.7%3.9%0.2%1.7M17.2M-389.7K0.2214.62N/AN/A2,02945515,06411,587
2019-05-20$175.83$176.4122.1%6.3%21.5%38.7%21.9%4.6%0.1%2.5M-2.7M-405.0K1.0311.71N/AN/A37939212,6349,127
2019-05-21$179.93$176.4120.9%6.0%22.5%33.3%21.9%4.1%0.0%4.6M-30.9M-433.9K0.8616.33N/AN/A1,3991,20612,9159,490
2019-05-22$181.29$176.4119.7%5.7%21.3%28.4%19.0%4.0%0.3%7.4M-45.5M-449.5K0.7717.01N/AN/A1,5491,18913,8279,936
2019-05-23$179.06$176.4121.6%6.2%20.2%36.7%23.1%4.0%0.0%5.8M-27.2M-438.3K2.3417.58N/AN/A5051,17914,08510,002
2019-05-24$180.40$176.4120.3%5.7%20.4%30.7%20.1%4.1%0.6%8.0M-39.0M-433.7K1.5914.04N/AN/A8041,27514,1489,995
2019-05-28$179.90$176.4121.9%6.2%20.4%38.1%21.2%3.8%-0.3%6.6M-29.7M-419.0K0.3615.64N/AN/A37313413,8279,293
2019-05-29$179.77$176.4122.2%6.2%19.7%39.2%22.3%4.3%-0.3%6.7M-27.9M-415.9K1.0136.71N/AN/A43443613,9829,362
2019-05-30$181.84$176.4121.0%5.8%19.0%34.0%20.6%4.2%-0.5%8.8M-45.5M-418.5K0.9517.21N/AN/A49046714,1089,579
2019-05-31$179.06$176.4122.2%6.3%19.8%39.3%21.3%4.1%-0.6%4.4M-17.9M-400.8K0.6613.48N/AN/A71947614,1949,657