BDX Options History — February 2022

In February 2022, BDX traded between $193.69 and $213.58. ATM implied volatility averaged 23.5%, placing in the 36.6% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded below realized volatility by 1.6% (HV 20d: 25.1%). Max pain ranged from $191.75 to $207.09. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 1.64.

Notable Days

  • 2022-02-09: Highest Volume — 8,187 contracts
  • 2022-02-03: Largest IV drop — 20.5% change
  • 2022-02-02: Highest IV Rank — 59.3%
  • 2022-02-01: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$205.67$193.69$213.58$193.69$207.33
Max Pain$197.00$191.75$207.09$199.42$207.09
ATM IV23.5%19.6%28.0%25.6%24.4%
Expected Move6.8%5.9%8.3%8.3%7.1%
HV 20d25.1%15.9%27.8%15.9%27.8%
HV 60d22.3%19.1%23.4%19.1%22.4%
IV Rank36.6%16.4%59.3%47.2%41.0%
IV Percentile60.7%23.0%95.6%84.9%75.0%
Term Structure-0.4%-3.0%1.7%-0.4%0.9%
VWIV23.1%20.5%26.6%22.9%24.9%
Skew 25d2.8%-0.3%5.3%4.1%2.3%
Skew 10d5.2%0.8%10.2%10.1%5.3%
Call IV 25d22.8%18.3%25.5%25.5%25.2%
Put IV 25d25.6%20.8%29.6%29.6%27.4%
Bid-Ask Spread %85.8877.7592.4577.7583.54
Gamma HHI0.140.080.200.080.12
Net GEX3.8M515.0K6.1M515.0K3.1M
Net DEX-75.2M-129.3M-20.5M-20.5M-67.2M
Net VEX-946.5K-976.9K-909.6K-930.3K-960.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.640.932.452.292.29
Total Volume6,951.1056,0088,1877,2727,499
Total OI25,010.36822,91126,72222,91125,725

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$193.69$199.4225.6%8.3%15.9%47.2%22.9%4.1%-0.4%515.0K-20.5M-930.3K2.2977.75N/AN/A2,2075,06510,32612,585
2022-02-02$196.68$199.4228.0%8.1%16.7%59.3%22.1%5.0%-0.6%1.3M-34.7M-926.2K2.4583.94N/AN/A2,3065,64410,46312,682
2022-02-03$206.76$191.7522.2%6.4%24.2%29.9%22.6%4.0%0.1%3.5M-83.4M-909.6K1.4990.14N/AN/A2,8704,27810,61113,507
2022-02-04$206.96$191.7521.9%6.5%23.7%28.0%23.8%2.4%1.5%4.0M-85.9M-914.5K1.3585.91N/AN/A3,1474,24310,90713,581
2022-02-07$205.49$191.7522.8%5.9%23.7%32.9%21.8%1.6%-2.0%3.9M-77.0M-933.0K1.2486.29N/AN/A3,4054,22711,45412,556
2022-02-08$211.04$191.7522.5%6.4%24.8%31.2%23.6%3.2%-0.4%4.9M-109.4M-956.3K1.3986.53N/AN/A2,7683,85012,17413,030
2022-02-09$213.58$191.7519.6%5.9%24.7%16.4%20.5%2.5%1.1%5.7M-129.3M-925.2K0.9386.69N/AN/A4,2403,94712,38413,067
2022-02-10$207.90$191.7522.1%6.3%26.9%29.5%23.6%3.1%-0.2%6.1M-99.7M-960.6K1.3589.15N/AN/A2,9824,03113,26413,253
2022-02-11$207.85$191.7524.4%7.3%26.8%40.9%22.4%3.4%1.7%5.6M-95.6M-976.9K1.4292.45N/AN/A2,7703,94613,22113,501
2022-02-14$206.47$199.4225.6%7.5%27.0%47.0%25.5%5.3%-3.0%4.6M-82.7M-968.7K1.5788.28N/AN/A2,3403,66812,88013,109
2022-02-15$207.63$199.4222.4%6.4%26.7%30.6%22.4%3.6%-0.1%5.3M-89.1M-949.4K1.6088.78N/AN/A2,4493,91412,89813,291
2022-02-16$208.10$199.4222.3%6.4%26.4%30.3%22.0%1.0%0.1%5.3M-90.3M-966.1K1.6189.72N/AN/A2,3983,86912,86913,474
2022-02-17$204.90$199.4222.0%6.3%27.0%28.8%21.9%3.1%-0.3%4.5M-65.5M-959.0K1.5189.27N/AN/A2,6013,93212,92613,478
2022-02-18$203.10$199.4223.2%6.7%27.1%35.0%23.1%-0.3%-1.8%2.3M-47.3M-974.1K1.7889.70N/AN/A2,3384,16712,61213,605
2022-02-22$202.22$199.4223.8%7.1%26.0%38.0%21.4%0.2%-1.9%2.1M-48.4M-938.7K1.8078.52N/AN/A2,1813,93311,17612,374
2022-02-23$206.24$199.4223.4%7.0%26.7%36.0%24.0%3.2%0.2%3.2M-66.9M-950.4K1.6379.15N/AN/A2,3843,88911,28912,427
2022-02-24$203.34$199.4227.7%7.6%26.8%57.9%26.6%4.4%-1.0%2.5M-53.3M-953.7K1.7081.32N/AN/A2,3964,07211,55512,527
2022-02-25$208.43$199.4223.3%6.6%27.7%35.4%23.9%1.8%-0.8%3.7M-81.9M-930.6K1.7284.59N/AN/A2,9845,13111,69712,719
2022-02-28$207.33$207.0924.4%7.1%27.8%41.0%24.9%2.3%0.9%3.1M-67.2M-960.6K2.2983.54N/AN/A2,2815,21812,17413,551