BDX Options History — July 2021

In July 2021, BDX traded between $188.27 and $195.97. ATM implied volatility averaged 22.4%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 8.7% (HV 20d: 13.6%). Max pain ranged from $184.08 to $189.83. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 1.30.

Notable Days

  • 2021-07-01: Highest Volume — 3,358 contracts
  • 2021-07-06: Largest IV spike — 21.7% change
  • 2021-07-09: Highest IV Rank — 31.8%
  • 2021-07-27: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$191.49$188.27$195.97$188.93$195.97
Max Pain$185.54$184.08$189.83$184.08$189.83
ATM IV22.4%18.6%24.5%18.9%22.3%
Expected Move6.3%4.3%7.0%4.9%6.9%
HV 20d13.6%12.1%14.9%13.7%12.1%
HV 60d17.1%16.2%18.5%18.4%16.2%
IV Rank23.4%8.8%31.8%9.8%23.0%
IV Percentile24.3%6.0%45.2%6.3%23.8%
Term Structure0.1%-3.1%4.8%4.4%0.3%
VWIV22.5%15.4%24.7%17.7%23.7%
Skew 25d2.0%-0.1%4.3%0.6%3.6%
Skew 10d1.8%-8.5%6.2%3.2%3.6%
Call IV 25d22.0%17.1%24.3%18.5%22.0%
Put IV 25d24.0%18.3%28.2%19.2%25.5%
Bid-Ask Spread %61.6548.0276.8073.7153.75
Gamma HHI0.160.080.290.250.09
Net GEX6.0M24.3K18.5M18.5M2.6M
Net DEX-55.6M-147.5M-6.6M-108.5M-38.5M
Net VEX-769.0K-879.6K-722.7K-879.6K-745.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.300.254.322.100.65
Total Volume1,126.4763523,3583,358689
Total OI29,618.57125,23339,16238,29327,563

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$188.93$184.0818.9%4.9%13.7%9.8%17.7%0.6%4.4%18.5M-108.5M-879.6K2.1073.71N/AN/A1,0842,27420,22218,071
2021-07-02$190.52$184.0818.6%4.3%13.9%8.8%15.4%1.1%4.8%18.4M-147.5M-832.4K0.9672.82N/AN/A1,6151,54920,62418,538
2021-07-06$191.19$184.0822.7%6.3%13.7%24.7%21.8%2.1%-1.4%11.4M-107.7M-814.3K1.3663.50N/AN/A29540217,20315,840
2021-07-07$193.24$184.0823.1%6.3%14.0%26.3%23.2%0.4%-0.7%8.8M-133.3M-795.2K0.2566.04N/AN/A1,32033217,30216,051
2021-07-08$191.97$184.0823.4%6.5%13.3%27.4%22.7%1.7%-0.7%11.0M-126.0M-802.4K0.6369.21N/AN/A48130117,97016,060
2021-07-09$191.43$184.0824.5%6.1%13.2%31.8%23.5%1.8%-3.1%9.7M-125.2M-800.6K1.2748.02N/AN/A26233317,95716,123
2021-07-12$191.31$184.0823.2%6.3%12.6%26.7%22.1%2.7%-0.9%7.6M-50.3M-762.5K1.4666.27N/AN/A49472013,79514,818
2021-07-13$190.81$184.0821.9%6.3%12.7%21.7%22.0%0.9%0.2%7.4M-41.8M-778.5K0.4556.94N/AN/A42619114,00015,186
2021-07-14$188.27$184.0822.0%6.2%13.6%21.9%22.0%2.8%-0.7%4.0M-12.3M-759.7K4.3264.37N/AN/A22396214,31115,325
2021-07-15$189.10$184.0821.8%6.3%13.6%21.0%22.2%0.7%1.1%5.0M-19.7M-759.7K0.9450.58N/AN/A27726114,41015,564
2021-07-16$190.74$184.0822.0%6.2%13.8%21.9%21.9%3.3%-0.6%5.0M-35.2M-762.9K0.7776.80N/AN/A84164914,47515,668
2021-07-19$189.40$184.0824.1%6.8%13.9%30.3%24.3%4.3%-0.6%88.9K-6.6M-758.2K2.0855.51N/AN/A43490311,27813,955
2021-07-20$189.68$184.0823.2%6.6%13.6%26.6%23.5%2.1%-1.6%348.8K-10.4M-743.4K0.8058.26N/AN/A35628511,55414,165
2021-07-21$189.02$184.0822.4%6.4%13.7%23.6%23.2%1.7%-0.1%24.3K-6.8M-745.4K2.4555.70N/AN/A15437711,79914,282
2021-07-22$190.96$184.0822.7%6.5%14.1%24.9%23.0%1.9%0.0%1.7M-22.7M-725.2K1.4555.72N/AN/A28040611,91014,438
2021-07-23$192.23$187.9122.5%6.5%14.0%24.0%22.7%2.6%-0.7%3.7M-28.3M-751.5K0.3855.98N/AN/A67225712,63914,725
2021-07-26$191.21$187.9122.8%6.8%14.3%25.1%24.7%2.1%2.6%2.2M-23.6M-734.8K0.9659.14N/AN/A17917311,61213,777
2021-07-27$194.96$189.8322.9%7.0%14.9%25.4%24.7%3.5%0.9%3.0M-43.3M-741.0K2.2357.54N/AN/A6401,42511,69113,923
2021-07-28$194.70$189.8322.7%6.8%14.4%24.7%24.5%1.8%-0.3%3.3M-41.7M-733.4K0.7365.40N/AN/A26219111,79514,049
2021-07-29$195.75$189.8321.9%6.8%12.7%21.5%23.9%-0.1%-0.6%2.7M-38.8M-722.7K1.0769.40N/AN/A32935212,05315,269
2021-07-30$195.97$189.8322.3%6.9%12.1%23.0%23.7%3.6%0.3%2.6M-38.5M-745.0K0.6553.75N/AN/A41827112,14615,417