BDX Options History — May 2023

In May 2023, BDX traded between $187.89 and $208.76. ATM implied volatility averaged 18.4%, placing in the 12.3% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 0.6% (HV 20d: 17.8%). Max pain ranged from $188.68 to $196.54. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.72.

Notable Days

  • 2023-05-03: Highest Volume — 2,531 contracts
  • 2023-05-05: Largest IV drop — 19.7% change
  • 2023-05-03: Highest IV Rank — 43.6%
  • 2023-05-03: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$197.17$187.89$208.76$208.76$190.01
Max Pain$189.75$188.68$196.54$196.54$188.68
ATM IV18.4%16.3%24.3%21.0%18.5%
Expected Move5.3%4.7%7.0%6.0%5.3%
HV 20d17.8%12.8%20.0%12.8%17.1%
HV 60d16.2%15.1%17.0%15.9%16.4%
IV Rank12.3%1.4%43.6%26.0%12.7%
IV Percentile10.6%0.4%57.5%25.0%8.7%
Term Structure0.5%-3.3%2.8%-2.9%-0.5%
VWIV18.7%15.5%23.8%22.3%20.2%
Skew 25d4.6%2.9%5.4%4.5%2.9%
Skew 10d10.2%7.6%13.1%11.3%8.8%
Call IV 25d16.8%14.7%21.9%20.4%17.3%
Put IV 25d21.3%18.9%26.3%24.9%20.2%
Bid-Ask Spread %86.1579.8491.2684.8790.19
Gamma HHI0.170.130.250.250.16
Net GEX3.7M543.3K7.0M7.0M1.1M
Net DEX-48.8M-131.8M9.8M-131.8M-8.2M
Net VEX-973.7K-1.1M-877.4K-1.1M-938.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.132.540.500.59
Total Volume851.8182092,531302209
Total OI32,516.86428,53935,19831,07532,817

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$208.76$196.5421.0%6.0%12.8%26.0%22.3%4.5%-2.9%7.0M-131.8M-1.1M0.5084.87N/AN/A20210017,72713,348
2023-05-02$207.05$196.5423.7%6.8%13.4%40.3%22.3%5.4%-3.0%7.0M-118.9M-1.1M0.7687.11N/AN/A48136817,85313,341
2023-05-03$206.95$196.5424.3%7.0%13.4%43.6%23.8%4.4%-3.3%6.9M-119.7M-1.0M0.5379.84N/AN/A1,65687517,83013,434
2023-05-04$198.81$188.6821.8%6.1%20.0%30.2%22.9%5.2%0.7%4.8M-62.6M-1.0M0.9881.17N/AN/A81279618,75713,490
2023-05-05$199.10$188.6817.5%5.4%19.5%7.4%19.0%4.7%1.6%4.8M-55.7M-1.0M1.0282.55N/AN/A28529118,89313,876
2023-05-08$197.94$188.6817.4%5.3%19.5%7.1%17.4%4.7%1.9%4.0M-49.1M-968.8K0.3784.38N/AN/A51619018,95913,916
2023-05-09$196.22$188.6816.9%5.2%19.7%4.1%17.3%5.3%1.9%3.0M-35.7M-962.3K0.3383.61N/AN/A98632218,76714,016
2023-05-10$197.40$188.6817.4%5.0%19.8%6.9%19.0%4.6%2.5%3.6M-41.2M-955.6K1.1084.59N/AN/A11312518,82613,977
2023-05-11$197.35$188.6817.3%5.0%19.5%6.7%15.8%4.8%2.3%4.0M-48.5M-945.5K0.9186.08N/AN/A20018218,91013,969
2023-05-12$198.27$188.6817.1%4.9%19.6%5.2%18.7%4.4%2.8%4.5M-54.2M-970.0K1.3486.26N/AN/A9312519,08114,068
2023-05-15$197.48$188.6817.4%5.0%19.7%6.9%17.7%4.6%2.2%3.5M-46.4M-935.7K0.8984.96N/AN/A26123319,12514,098
2023-05-16$197.20$188.6817.2%4.9%19.6%5.8%16.0%4.3%2.4%3.2M-43.3M-926.6K0.1385.48N/AN/A6138019,12314,090
2023-05-17$197.46$188.6816.8%4.8%18.8%4.0%18.4%4.4%2.2%3.7M-41.9M-936.4K0.2788.45N/AN/A1,23833319,45814,090
2023-05-18$197.70$188.6816.3%4.7%17.8%1.4%17.0%4.0%1.5%4.1M-55.5M-983.9K0.2186.76N/AN/A1,14523720,30714,250
2023-05-19$198.07$188.6816.6%4.8%17.9%2.9%15.5%4.5%0.0%4.5M-62.8M-1.0M0.8487.78N/AN/A50542220,89814,300
2023-05-22$197.29$188.6816.5%4.7%17.8%2.3%15.5%4.0%0.3%4.1M-45.7M-1.0M0.7286.56N/AN/A66548118,52013,001
2023-05-23$193.92$188.6817.0%4.9%18.5%4.9%17.3%4.3%-0.1%2.9M-29.3M-990.0K0.3688.06N/AN/A47316918,67413,318
2023-05-24$192.85$188.6817.1%4.9%18.5%5.4%17.7%5.3%0.0%1.3M-20.2M-904.0K0.1888.67N/AN/A4177515,13613,403
2023-05-25$190.26$188.6819.5%5.6%16.6%17.9%19.3%4.2%-0.5%1.2M-4.2M-940.2K0.5591.26N/AN/A1,09660518,91513,422
2023-05-26$189.79$188.6818.4%5.3%16.4%12.5%19.7%5.4%0.2%1.4M-7.9M-935.2K0.7187.79N/AN/A26618819,13513,523
2023-05-30$187.89$188.6819.2%5.5%16.1%16.3%19.6%4.4%-0.9%543.3K9.8M-877.4K2.5488.81N/AN/A8822319,15913,571
2023-05-31$190.01$188.6818.5%5.3%17.1%12.7%20.2%2.9%-0.5%1.1M-8.2M-938.7K0.5990.19N/AN/A1317819,17913,638