BDX Options History — June 2023

In June 2023, BDX traded between $194.58 and $207.74. ATM implied volatility averaged 15.2%, placing in the 3.5% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded below realized volatility by 1.4% (HV 20d: 16.6%). Max pain ranged from $188.68 to $196.54. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.64.

Notable Days

  • 2023-06-07: Highest Volume — 2,022 contracts
  • 2023-06-12: Largest IV spike — 26.4% change
  • 2023-06-13: Highest IV Rank — 29.6%
  • 2023-06-05: Largest Expected Move — 4.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$200.59$194.58$207.74$194.58$207.74
Max Pain$195.79$188.68$196.54$188.68$196.54
ATM IV15.2%12.9%21.3%16.3%13.5%
Expected Move4.1%3.7%4.7%4.7%3.9%
HV 20d16.6%13.4%19.8%19.8%13.4%
HV 60d16.7%15.9%17.4%17.1%16.2%
IV Rank3.5%0.0%29.6%1.0%2.4%
IV Percentile3.7%0.0%41.7%0.4%2.4%
Term Structure3.0%-0.3%4.5%-0.1%4.5%
VWIV14.6%12.6%20.0%16.4%13.5%
Skew 25d3.1%1.7%3.9%2.4%2.5%
Skew 10d6.9%5.6%7.9%5.6%5.6%
Call IV 25d13.3%11.6%15.9%15.9%11.6%
Put IV 25d16.4%14.1%18.4%18.4%14.1%
Bid-Ask Spread %82.3625.4490.8576.1086.57
Gamma HHI0.220.150.460.150.25
Net GEX8.1M3.2M20.8M3.2M11.0M
Net DEX-74.0M-133.4M-34.0M-37.3M-133.4M
Net VEX-1.0M-1.1M-942.4K-966.1K-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.024.350.580.19
Total Volume705.8571362,022994849
Total OI32,060.57126,86637,08432,87729,715

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$194.58$188.6816.3%4.7%19.8%1.0%16.4%2.4%-0.1%3.2M-37.3M-966.1K0.5876.10N/AN/A63036419,22813,649
2023-06-02$198.03$188.6815.9%4.6%15.6%0.0%15.7%3.0%-0.3%6.1M-59.5M-996.0K0.3625.44N/AN/A52018619,61713,982
2023-06-05$199.77$196.5417.1%4.7%15.9%6.0%15.1%3.9%2.2%7.1M-71.4M-984.1K1.0684.96N/AN/A24826319,83814,131
2023-06-06$197.04$196.5416.5%4.5%16.5%3.0%15.7%2.4%3.2%5.3M-52.3M-966.9K0.1483.59N/AN/A3665219,89414,217
2023-06-07$198.57$196.5416.6%4.4%16.4%3.5%14.6%3.6%3.8%6.6M-57.1M-973.9K0.6174.61N/AN/A1,25476819,76614,255
2023-06-08$196.42$196.5416.2%4.3%16.8%1.2%14.9%3.8%2.8%5.1M-34.0M-982.6K0.1972.61N/AN/A4869219,89014,832
2023-06-09$197.80$196.5415.6%4.3%17.0%0.0%13.7%1.7%2.7%6.5M-46.7M-972.8K0.2989.67N/AN/A40211820,01414,538
2023-06-12$197.52$196.5419.7%4.4%16.9%21.2%20.0%3.9%2.5%6.4M-48.7M-983.9K2.8984.46N/AN/A9427219,96114,555
2023-06-13$197.48$196.5421.3%4.2%16.8%29.6%15.8%3.4%3.0%6.4M-46.5M-942.4K4.3588.16N/AN/A2511120,10914,821
2023-06-14$199.74$196.5416.0%4.6%17.3%2.2%15.1%3.8%2.4%8.0M-63.3M-979.7K0.0990.55N/AN/A1,25311320,12214,837
2023-06-15$201.79$196.5414.1%4.1%17.6%0.0%15.9%2.9%3.0%10.0M-84.7M-966.5K0.2987.60N/AN/A1,20635020,87014,865
2023-06-16$203.81$196.5413.9%4.0%17.9%0.0%13.4%3.2%3.1%20.8M-109.8M-1.0M0.2290.51N/AN/A83218721,99215,092
2023-06-20$201.99$196.5413.9%4.0%18.3%0.4%13.7%2.8%2.9%6.5M-79.3M-1.0M0.0287.95N/AN/A1,4253316,26310,603
2023-06-21$202.03$196.5413.7%3.9%18.2%0.0%13.8%2.7%3.3%7.5M-82.8M-1.0M0.1886.63N/AN/A4247617,30710,631
2023-06-22$202.74$196.5413.2%3.8%16.9%0.0%13.9%2.6%3.5%8.4M-85.4M-1.1M0.0990.85N/AN/A2111917,59910,712
2023-06-23$202.08$196.5413.2%3.8%16.8%0.0%13.2%2.6%3.5%8.3M-84.1M-1.0M0.5186.97N/AN/A21511117,79910,726
2023-06-26$201.96$196.5413.3%3.8%15.7%0.4%13.3%3.3%3.9%8.1M-84.1M-1.0M0.8177.78N/AN/A27722417,97710,822
2023-06-27$203.30$196.5412.9%3.7%15.6%0.0%13.9%3.9%4.0%9.2M-93.4M-1.1M0.2589.50N/AN/A1463718,17411,035
2023-06-28$203.47$196.5413.1%3.8%14.9%0.8%13.1%2.9%4.1%9.2M-94.3M-1.1M0.2488.55N/AN/A1483618,24711,098
2023-06-29$204.43$196.5413.1%3.8%14.6%0.8%12.6%3.1%4.2%9.8M-106.8M-1.1M0.1586.46N/AN/A3475318,36311,126
2023-06-30$207.74$196.5413.5%3.9%13.4%2.4%13.5%2.5%4.5%11.0M-133.4M-1.1M0.1986.57N/AN/A71413518,45311,262