BDX Options History — December 2021

In December 2021, BDX traded between $185.65 and $197.29. ATM implied volatility averaged 22.6%, placing in the 32.0% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded below realized volatility by 0.8% (HV 20d: 23.4%). Max pain ranged from $191.75 to $191.75. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 1.26.

Notable Days

  • 2021-12-16: Highest Volume — 10,181 contracts
  • 2021-12-21: Largest IV drop — 12.9% change
  • 2021-12-03: Highest IV Rank — 56.4%
  • 2021-12-03: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$191.17$185.65$197.29$185.84$193.56
Max Pain$191.75$191.75$191.75$191.75$191.75
ATM IV22.6%18.8%27.4%26.2%20.0%
Expected Move6.5%5.5%8.4%7.8%5.5%
HV 20d23.4%18.5%27.0%20.8%22.9%
HV 60d19.7%17.7%21.2%18.2%20.7%
IV Rank32.0%12.5%56.4%50.2%18.4%
IV Percentile48.0%13.1%93.3%89.3%25.8%
Term Structure0.7%-2.9%3.9%-1.5%2.2%
VWIV23.3%20.1%29.5%28.4%20.7%
Skew 25d1.9%-2.3%4.8%2.4%4.1%
Skew 10d3.7%-3.0%6.9%0.8%5.3%
Call IV 25d22.4%17.0%26.4%25.1%17.0%
Put IV 25d24.3%20.6%31.0%27.6%21.1%
Bid-Ask Spread %78.7871.4687.4576.0782.86
Gamma HHI0.140.130.170.140.13
Net GEX-199.3K-4.2M6.3M-4.2M2.6M
Net DEX-16.9M-93.1M44.1M43.2M-45.0M
Net VEX-912.6K-1.0M-837.6K-984.0K-862.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.260.562.090.802.09
Total Volume6,035.8644,44910,1815,5166,165
Total OI39,100.535,57942,80039,31037,930

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$185.84$191.7526.2%7.8%20.8%50.2%28.4%2.4%-1.5%-4.2M43.2M-984.0K0.8076.07N/AN/A3,0602,45616,67722,633
2021-12-02$185.65$191.7525.8%7.7%19.2%48.3%27.9%2.2%-0.4%-4.2M44.1M-995.3K0.5675.29N/AN/A3,4361,93717,44322,907
2021-12-03$186.05$191.7527.4%8.4%18.5%56.4%29.5%4.8%1.2%-3.8M38.4M-1.0M0.7781.12N/AN/A2,5831,98117,64622,924
2021-12-06$189.00$191.7526.4%7.4%19.3%51.5%26.1%1.1%0.2%-2.1M4.5M-977.0K1.1480.23N/AN/A2,7563,13917,15922,584
2021-12-07$191.79$191.7523.4%7.0%19.9%36.1%23.9%-2.3%0.1%412.3K-29.8M-926.6K1.3680.16N/AN/A2,3143,15117,19922,649
2021-12-08$189.18$191.7523.4%6.8%20.4%35.8%24.1%-0.1%0.4%-2.1M2.6M-913.0K1.2879.41N/AN/A2,6223,37017,21522,617
2021-12-09$187.80$191.7522.1%6.9%20.4%29.2%24.0%0.4%1.0%-2.8M21.4M-930.0K1.3480.86N/AN/A2,5253,39117,55722,966
2021-12-10$188.20$191.7521.5%6.0%20.4%26.1%22.8%0.7%3.0%-3.0M21.2M-907.3K0.9883.05N/AN/A2,8992,83317,59022,929
2021-12-13$194.45$191.7522.7%6.6%23.4%32.3%23.1%1.0%0.1%3.0M-56.1M-883.4K0.6881.03N/AN/A3,0642,09417,27622,654
2021-12-14$190.10$191.7523.1%6.6%25.0%34.5%23.1%1.9%-0.1%-196.5K-6.8M-882.5K0.7184.55N/AN/A2,6031,84617,59022,713
2021-12-15$190.81$191.7522.9%6.7%25.0%33.3%23.8%0.1%0.7%692.5K-16.3M-879.1K1.3487.45N/AN/A2,7813,71817,69222,748
2021-12-16$196.30$191.7523.2%6.4%25.7%34.7%22.7%3.2%-1.3%6.3M-85.6M-925.7K1.2180.88N/AN/A4,6085,57317,82824,639
2021-12-17$197.29$191.7523.0%6.5%25.7%33.9%23.3%2.1%-0.7%6.2M-93.1M-916.1K1.0485.49N/AN/A4,2474,43518,04724,753
2021-12-20$193.49$191.7524.2%6.9%26.8%40.0%25.1%2.2%-0.1%-538.1K-30.5M-932.2K1.6972.39N/AN/A2,1953,70513,92721,652
2021-12-21$192.45$191.7521.1%6.0%26.5%24.0%20.8%2.2%-0.5%-528.4K-23.6M-907.9K1.2773.83N/AN/A2,6953,43414,03721,856
2021-12-22$189.75$191.7521.0%6.0%27.0%23.7%20.3%3.6%-1.0%-2.5M70.2K-903.9K1.0977.17N/AN/A3,1753,45314,72021,971
2021-12-23$191.26$191.7521.0%6.1%26.9%23.6%20.3%2.8%-2.9%-139.0K-15.4M-890.4K1.3375.36N/AN/A2,5303,35915,27022,489
2021-12-27$192.48$191.7519.5%5.8%27.0%15.8%21.1%1.5%3.1%-382.6K-26.4M-881.6K1.6973.16N/AN/A2,1033,55315,00222,073
2021-12-28$191.69$191.7520.4%5.8%26.9%20.7%21.1%1.6%3.8%-926.7K-21.6M-872.9K1.8271.46N/AN/A1,8743,40515,10422,154
2021-12-29$194.24$191.7518.8%5.5%24.2%12.5%20.1%2.2%3.9%1.5M-43.7M-865.8K1.8377.46N/AN/A2,1273,89915,30722,390
2021-12-30$194.29$191.7520.8%5.6%22.9%22.4%20.4%4.5%3.8%2.4M-54.2M-837.6K1.6873.91N/AN/A2,1223,57315,28422,410
2021-12-31$193.56$191.7520.0%5.5%22.9%18.4%20.7%4.1%2.2%2.6M-45.0M-862.0K2.0982.86N/AN/A1,9924,17315,44622,484