BDX Options History — November 2022

In November 2022, BDX traded between $171.42 and $195.45. ATM implied volatility averaged 25.5%, placing in the 41.4% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded below realized volatility by 3.3% (HV 20d: 28.8%). Max pain ranged from $176.89 to $188.68. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.97.

Notable Days

  • 2022-11-18: Highest Volume — 13,252 contracts
  • 2022-11-10: Largest IV drop — 19.7% change
  • 2022-11-08: Highest IV Rank — 74.3%
  • 2022-11-02: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$180.05$171.42$195.45$183.80$195.45
Max Pain$182.32$176.89$188.68$176.89$180.82
ATM IV25.5%19.6%30.8%29.1%20.9%
Expected Move7.3%5.7%9.7%9.4%5.7%
HV 20d28.8%24.4%32.8%27.0%32.8%
HV 60d27.1%24.8%29.8%24.8%29.8%
IV Rank41.4%6.0%74.3%60.6%13.9%
IV Percentile52.0%1.2%91.3%82.9%11.1%
Term Structure-0.1%-1.3%2.2%-1.0%0.4%
VWIV26.4%21.3%34.9%33.8%21.3%
Skew 25d5.0%3.8%7.5%3.8%6.0%
Skew 10d9.6%5.9%13.6%9.5%9.9%
Call IV 25d23.7%18.6%28.5%27.5%18.8%
Put IV 25d28.7%24.7%33.5%31.3%24.7%
Bid-Ask Spread %68.9951.2876.3462.2973.31
Gamma HHI0.140.070.340.070.14
Net GEX-2.6M-9.9M3.7M-847.6K3.7M
Net DEX43.1M-72.1M142.0M19.5M-72.1M
Net VEX-759.3K-807.1K-656.8K-697.6K-759.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.171.590.960.46
Total Volume7,985.95230113,2526,463778
Total OI42,997.90533,87552,18933,87542,834

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$183.80$176.8929.1%9.4%27.0%60.6%33.8%3.8%-1.0%-847.6K19.5M-697.6K0.9662.29N/AN/A3,2893,17417,13516,740
2022-11-02$180.14$176.8929.1%9.7%27.8%61.0%34.9%3.8%-0.9%-1.5M41.2M-690.6K0.8967.09N/AN/A3,5453,15817,28017,163
2022-11-03$174.87$188.6829.9%8.5%26.9%65.6%30.3%4.5%0.3%-2.6M75.5M-676.9K0.8569.52N/AN/A3,9743,38517,52917,379
2022-11-04$173.24$188.6829.2%8.1%24.8%61.4%30.3%4.5%-0.9%-3.2M85.8M-656.8K0.8470.14N/AN/A6,7825,71617,72817,697
2022-11-07$173.77$188.6830.1%8.3%24.7%70.5%29.8%4.6%-0.9%-3.2M78.1M-742.2K1.1667.62N/AN/A5,3846,25418,78019,632
2022-11-08$173.26$188.6830.8%8.6%24.4%74.3%30.7%5.8%-0.9%-3.6M86.4M-775.7K1.1068.02N/AN/A6,1726,80819,68821,373
2022-11-09$171.42$188.6830.3%8.5%24.6%71.5%30.2%4.8%-1.3%-4.2M104.5M-791.8K1.5065.97N/AN/A3,7945,68720,21323,117
2022-11-10$180.18$180.8224.3%7.1%29.5%35.1%25.3%5.5%0.6%-2.1M26.3M-791.9K1.2474.93N/AN/A3,9624,91021,13024,745
2022-11-11$179.10$180.8224.1%6.9%29.4%33.9%26.5%5.6%-0.1%-1.2M34.2M-793.5K1.5972.73N/AN/A3,2475,16421,76324,935
2022-11-14$176.93$180.8223.8%6.7%28.7%31.7%23.9%4.3%0.9%-4.5M63.1M-761.1K1.1467.10N/AN/A4,3995,01820,69823,300
2022-11-15$174.60$180.8224.9%7.1%29.0%38.4%24.9%4.1%0.0%-6.6M100.6M-764.5K1.2474.61N/AN/A3,5654,41822,57024,295
2022-11-16$174.86$180.8224.9%7.1%27.8%38.4%24.9%5.0%-0.3%-7.3M103.1M-759.3K1.3673.99N/AN/A3,5654,86423,34824,712
2022-11-17$172.67$180.8225.2%7.2%27.9%40.2%25.2%4.6%1.1%-9.9M142.0M-751.4K1.3572.61N/AN/A4,2995,79823,39225,715
2022-11-18$177.55$180.8223.4%6.5%29.7%29.3%23.1%4.3%2.2%-7.4M67.0M-803.9K1.2076.34N/AN/A6,0287,22424,01428,175
2022-11-21$184.75$180.8224.6%6.9%32.7%36.9%23.8%5.1%-0.6%-3.7M13.6M-802.4K0.7762.08N/AN/A6,1374,75517,38823,878
2022-11-22$185.30$180.8223.6%6.5%32.7%30.5%25.8%4.0%-0.1%-1.3M3.1M-807.1K1.0263.82N/AN/A5,1485,25721,98123,958
2022-11-23$186.58$180.8222.0%6.0%31.0%21.0%21.6%5.9%-0.5%334.2K-10.2M-790.6K0.7773.71N/AN/A5,5594,30722,20424,471
2022-11-25$187.30$180.8219.6%5.9%31.0%6.0%24.8%7.5%-0.4%1.5M-17.9M-785.9K0.1851.28N/AN/A2544722,74124,541
2022-11-28$186.37$180.8223.3%6.3%30.8%28.9%22.5%6.8%0.3%614.3K-8.7M-767.5K0.5171.94N/AN/A82241721,81220,282
2022-11-29$189.01$180.8222.1%6.1%31.1%21.2%21.5%4.3%0.2%2.1M-30.8M-775.6K0.1769.72N/AN/A5479422,11820,502
2022-11-30$195.45$180.8220.9%5.7%32.8%13.9%21.3%6.0%0.4%3.7M-72.1M-759.7K0.4673.31N/AN/A53424422,28720,547