BDX Options History — April 2023

In April 2023, BDX traded between $194.27 and $207.64. ATM implied volatility averaged 19.5%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 5.7% (HV 20d: 13.8%). Max pain ranged from $188.68 to $196.54. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.95.

Notable Days

  • 2023-04-25: Highest Volume — 3,438 contracts
  • 2023-04-28: Largest IV spike — 24.2% change
  • 2023-04-26: Highest IV Rank — 31.6%
  • 2023-04-06: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$201.63$194.27$207.64$194.27$207.64
Max Pain$189.92$188.68$196.54$188.68$196.54
ATM IV19.5%16.1%22.1%19.3%22.0%
Expected Move5.8%4.6%6.6%4.6%6.3%
HV 20d13.8%10.6%16.7%16.5%13.0%
HV 60d17.1%16.7%17.8%17.8%16.9%
IV Rank17.2%0.0%31.6%11.2%31.3%
IV Percentile12.7%0.0%40.5%2.4%40.5%
Term Structure-0.4%-2.4%6.4%1.2%-2.4%
VWIV20.8%16.5%23.5%16.5%21.2%
Skew 25d4.7%3.6%7.3%5.1%4.3%
Skew 10d9.7%5.2%17.8%7.0%9.0%
Call IV 25d18.3%15.4%20.4%15.4%19.4%
Put IV 25d22.9%20.0%25.9%20.5%23.6%
Bid-Ask Spread %86.0377.6294.7991.9281.24
Gamma HHI0.190.130.340.140.19
Net GEX10.9M6.3M18.5M6.3M9.8M
Net DEX-124.4M-169.3M-72.7M-72.7M-163.7M
Net VEX-1.0M-1.1M-981.1K-993.0K-1.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.054.004.000.16
Total Volume1,021.2112103,438216685
Total OI31,715.73729,84333,98129,84332,982

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$194.27$188.6819.3%4.6%16.5%11.2%16.5%5.1%1.2%6.3M-72.7M-993.0K4.0091.92N/AN/A4317317,07312,770
2023-04-04$195.51$188.6817.2%4.9%16.5%0.0%22.4%3.8%4.6%6.8M-78.4M-1.0M0.2890.74N/AN/A89924817,09712,814
2023-04-05$197.69$188.6817.6%5.1%16.7%2.5%18.0%4.1%4.2%7.3M-94.1M-1.0M0.5691.89N/AN/A56631417,33712,870
2023-04-06$200.09$188.6816.1%6.6%15.7%0.0%22.8%4.6%6.4%7.0M-109.3M-1.0M0.1984.76N/AN/A1,17922517,49513,001
2023-04-10$198.88$188.6819.2%6.4%14.9%16.5%21.7%5.6%-1.4%7.5M-100.0M-1.0M0.5384.98N/AN/A90247417,73212,864
2023-04-11$199.46$188.6820.7%6.6%14.7%24.7%21.6%7.3%-2.4%8.5M-105.8M-1.1M1.0494.79N/AN/A10310718,21112,892
2023-04-12$199.79$188.6822.0%6.3%14.6%31.1%21.8%4.8%-1.3%8.8M-110.0M-1.0M0.1690.63N/AN/A99916218,25712,903
2023-04-13$201.42$188.6819.0%5.5%14.5%15.6%21.5%4.5%-0.8%15.7M-132.4M-1.0M0.5787.32N/AN/A25114419,17313,019
2023-04-14$201.31$188.6818.9%5.4%13.7%14.8%20.4%3.6%-1.0%18.5M-135.8M-1.0M1.2887.36N/AN/A23229619,37913,090
2023-04-17$201.06$188.6819.0%5.4%12.9%15.4%19.5%3.9%-1.3%9.3M-114.6M-1.0M1.0785.04N/AN/A17318618,39612,468
2023-04-18$199.79$188.6821.0%6.0%13.2%26.1%20.1%4.7%-1.3%9.4M-109.7M-999.4K1.3382.64N/AN/A21027918,60312,555
2023-04-19$202.70$188.6818.3%5.3%13.6%11.9%22.9%3.6%-0.9%11.0M-138.0M-981.1K0.7280.33N/AN/A1,20186118,75612,751
2023-04-20$205.69$188.6819.5%5.6%14.1%17.9%23.5%4.1%-1.2%12.5M-164.6M-1.0M1.0383.18N/AN/A67769519,74513,278
2023-04-21$205.39$188.6819.0%5.4%11.4%15.4%18.1%5.1%-1.0%15.4M-169.3M-1.0M0.0586.23N/AN/A1,97910620,20713,774
2023-04-24$205.89$188.6820.0%5.7%10.6%21.0%18.4%4.2%-1.8%14.3M-157.8M-1.1M1.2585.21N/AN/A22628419,84412,728
2023-04-25$204.43$188.6821.9%6.3%11.2%31.0%21.9%5.3%-2.1%15.2M-139.3M-1.1M0.1983.93N/AN/A2,88055819,97412,855
2023-04-26$202.84$196.5422.1%6.3%11.5%31.6%22.2%5.4%-2.1%12.7M-113.1M-1.1M2.8084.84N/AN/A18150519,58913,211
2023-04-27$207.19$196.5417.7%6.4%13.0%8.6%20.9%4.6%-2.4%10.8M-154.1M-1.1M0.8977.62N/AN/A21218819,55313,353
2023-04-28$207.64$196.5422.0%6.3%13.0%31.3%21.2%4.3%-2.4%9.8M-163.7M-1.0M0.1681.24N/AN/A5919419,56113,421