BDX Options History — January 2022

In January 2022, BDX traded between $192.38 and $203.57. ATM implied volatility averaged 26.7%, placing in the 52.9% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 9.1% (HV 20d: 17.6%). Max pain ranged from $191.75 to $207.09. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 1.85.

Notable Days

  • 2022-01-21: Highest Volume — 9,418 contracts
  • 2022-01-24: Largest IV spike — 20.0% change
  • 2022-01-24: Highest IV Rank — 85.4%
  • 2022-01-25: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$197.67$192.38$203.57$193.79$194.08
Max Pain$197.12$191.75$207.09$191.75$199.42
ATM IV26.7%22.1%33.0%22.1%27.3%
Expected Move7.7%5.8%10.3%5.8%8.5%
HV 20d17.6%12.6%22.9%22.9%15.8%
HV 60d20.2%19.3%20.8%20.5%19.3%
IV Rank52.9%29.4%85.4%29.4%55.9%
IV Percentile81.2%43.3%99.2%43.3%93.7%
Term Structure-1.0%-2.6%0.2%-0.1%0.2%
VWIV26.0%20.1%35.4%20.1%22.9%
Skew 25d3.1%0.5%9.9%3.6%3.6%
Skew 10d5.0%-0.2%9.4%3.6%3.5%
Call IV 25d25.9%21.7%32.7%21.7%25.4%
Put IV 25d29.0%25.0%36.0%25.4%29.0%
Bid-Ask Spread %75.5371.7281.0872.5781.08
Gamma HHI0.140.070.220.160.08
Net GEX3.9M54.3K9.2M1.4M690.5K
Net DEX-71.1M-129.4M-21.7M-45.7M-24.1M
Net VEX-834.8K-978.9K-742.5K-802.1K-958.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.851.342.582.122.58
Total Volume7,161.65,8109,4185,8107,469
Total OI32,852.5521,08137,84037,39422,642

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$193.79$191.7522.1%5.8%22.9%29.4%20.1%3.6%-0.1%1.4M-45.7M-802.1K2.1272.57N/AN/A1,8623,94814,93822,456
2022-01-04$193.27$191.7522.8%5.8%22.4%32.6%20.1%2.6%-0.3%646.0K-37.6M-809.5K1.9179.66N/AN/A2,0453,90115,04122,591
2022-01-05$194.26$191.7523.4%6.1%21.9%35.8%21.0%1.5%-2.1%1.6M-47.2M-822.4K1.7474.75N/AN/A2,3244,03215,19722,643
2022-01-06$192.38$191.7525.2%7.1%21.6%45.3%25.0%4.2%-0.9%54.3K-30.8M-824.9K2.0474.94N/AN/A2,0354,15915,13722,466
2022-01-07$195.14$191.7525.8%7.3%21.9%48.3%25.2%2.1%-2.3%2.6M-57.3M-811.2K1.5371.72N/AN/A2,8954,44115,19822,522
2022-01-10$197.98$191.7525.5%7.1%22.3%46.6%25.4%3.4%-0.1%4.4M-81.3M-801.8K1.9473.49N/AN/A2,1474,16314,94922,327
2022-01-11$200.73$191.7525.9%7.2%19.8%49.1%24.0%2.2%0.0%7.2M-110.6M-774.8K1.9975.45N/AN/A2,1744,32915,20922,340
2022-01-12$200.39$191.7524.1%6.8%17.7%39.4%23.8%1.2%-0.1%8.1M-110.9M-779.5K1.6177.87N/AN/A2,5764,16115,38522,180
2022-01-13$201.87$191.7524.6%6.8%17.7%42.2%24.9%2.4%-1.3%8.8M-126.6M-783.7K1.6677.59N/AN/A2,5584,23415,58322,146
2022-01-14$201.79$191.7525.4%7.2%15.0%46.4%26.3%3.3%-0.3%9.2M-126.1M-778.5K1.6976.81N/AN/A2,4314,11515,62722,184
2022-01-18$199.75$191.7524.2%6.8%15.4%40.0%25.5%3.9%-1.1%8.6M-101.2M-755.2K1.3477.70N/AN/A2,9553,96015,24221,727
2022-01-19$202.34$191.7525.7%7.4%14.1%47.9%24.8%0.5%-1.6%7.9M-119.7M-742.5K1.3973.15N/AN/A3,7605,23714,74621,759
2022-01-20$203.57$207.0924.7%7.1%13.8%42.8%25.4%1.3%0.0%8.2M-122.3M-758.5K1.9675.38N/AN/A2,2624,42314,77621,848
2022-01-21$202.78$207.0927.5%8.1%12.6%57.1%28.0%2.5%-2.6%3.0M-129.4M-774.5K1.3780.73N/AN/A3,9745,44415,22622,517
2022-01-24$198.50$207.0933.0%10.2%15.2%85.4%34.3%4.3%-1.8%1.3M-37.9M-899.3K1.7371.81N/AN/A3,3025,7009,61611,465
2022-01-25$197.57$207.0932.4%10.3%15.3%82.0%35.4%2.9%-0.5%1.2M-37.4M-940.2K1.9873.09N/AN/A2,5335,0219,95111,906
2022-01-26$194.92$207.0931.4%9.8%16.0%76.9%32.6%4.3%-1.7%953.7K-25.2M-943.2K2.0674.26N/AN/A2,4915,12510,17011,973
2022-01-27$193.45$207.0932.3%9.6%15.6%81.8%32.1%2.2%-1.4%706.4K-21.7M-957.2K1.9473.99N/AN/A2,6225,08710,36412,043
2022-01-28$194.87$199.4230.8%9.6%15.8%74.1%22.4%9.9%-2.5%549.3K-28.1M-978.9K2.4874.51N/AN/A2,1095,22810,71012,251
2022-01-31$194.08$199.4227.3%8.5%15.8%55.9%22.9%3.6%0.2%690.5K-24.1M-958.2K2.5881.08N/AN/A2,0875,38210,39112,251