BDX Options History — August 2023

In August 2023, BDX traded between $210.32 and $222.32. ATM implied volatility averaged 17.3%, placing in the 19.7% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded below realized volatility by 8.4% (HV 20d: 25.6%). Max pain ranged from $212.26 to $212.26. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 21 of 23 days. Put/call ratio averaged 1.18.

Notable Days

  • 2023-08-15: Highest Volume — 2,587 contracts
  • 2023-08-03: Largest IV drop — 25.3% change
  • 2023-08-02: Highest IV Rank — 49.8%
  • 2023-08-02: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$218.42$210.32$222.32$218.62$219.58
Max Pain$212.26$212.26$212.26$212.26$212.26
ATM IV17.3%14.1%23.9%22.3%14.2%
Expected Move4.9%4.0%6.9%6.4%4.1%
HV 20d25.6%17.0%30.7%24.2%17.0%
HV 60d20.2%18.0%21.2%18.0%19.5%
IV Rank19.7%5.4%49.8%42.4%5.8%
IV Percentile17.9%5.2%73.8%66.3%6.0%
Term Structure0.8%-4.3%1.8%-4.3%1.4%
VWIV17.3%14.9%24.0%23.3%14.9%
Skew 25d2.5%1.5%3.7%2.5%1.8%
Skew 10d5.3%2.5%7.3%5.1%3.2%
Call IV 25d16.2%13.4%23.0%21.4%13.7%
Put IV 25d18.7%14.9%25.5%23.9%15.6%
Bid-Ask Spread %75.8756.9886.4874.4083.32
Gamma HHI0.160.100.220.210.11
Net GEX13.3M8.2M18.0M13.9M12.1M
Net DEX-202.0M-277.5M-113.4M-219.7M-193.7M
Net VEX-1.4M-1.5M-1.2M-1.3M-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.153.443.441.84
Total Volume1,292.5652572,587998604
Total OI42,988.08738,13548,71038,13544,546

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$218.62$212.2622.3%6.4%24.2%42.4%23.3%2.5%-4.3%13.9M-219.7M-1.3M3.4474.40N/AN/A22577323,41914,716
2023-08-02$217.67$212.2623.9%6.9%24.0%49.8%24.0%2.5%-4.3%13.3M-208.7M-1.3M0.6673.43N/AN/A1,25883323,52614,865
2023-08-03$210.32$212.2617.9%4.9%27.3%22.4%17.7%3.7%0.9%10.5M-113.4M-1.2M1.3977.14N/AN/A1,0111,40424,38715,230
2023-08-04$212.86$212.2617.7%5.0%27.4%21.8%17.6%3.0%1.1%12.0M-147.5M-1.3M1.4474.94N/AN/A49571524,67215,859
2023-08-07$216.32$212.2617.9%4.8%27.8%22.8%17.2%3.0%1.6%15.4M-194.3M-1.3M1.3772.18N/AN/A35448324,91615,986
2023-08-08$221.53$212.2618.5%5.0%28.7%25.2%17.0%2.4%1.4%17.9M-273.2M-1.3M0.4176.73N/AN/A1,43259025,11216,154
2023-08-09$222.24$212.2616.6%4.8%28.6%16.9%17.2%2.7%1.7%17.1M-277.5M-1.3M2.1374.73N/AN/A32869824,95016,430
2023-08-10$217.91$212.2617.7%5.1%29.9%21.6%16.8%3.3%1.4%15.1M-210.7M-1.3M1.8376.36N/AN/A6531,19625,00916,968
2023-08-11$221.90$212.2617.1%4.9%30.3%19.0%16.3%2.5%1.3%15.6M-255.3M-1.3M0.1576.17N/AN/A1,87927324,75317,892
2023-08-14$222.32$212.2616.3%4.7%30.0%15.4%17.0%2.5%1.8%17.5M-271.5M-1.3M0.3974.25N/AN/A1,25048526,44518,117
2023-08-15$220.23$212.2617.7%5.1%30.2%21.7%17.4%2.7%1.1%18.0M-244.3M-1.4M0.6077.52N/AN/A1,62296527,33718,430
2023-08-16$217.82$212.2617.4%5.0%30.7%20.4%17.0%2.8%1.7%16.5M-207.0M-1.4M0.8678.56N/AN/A81970528,57018,960
2023-08-17$216.24$212.2618.0%5.1%29.8%22.9%18.4%2.9%1.2%11.1M-174.6M-1.4M1.1964.49N/AN/A79094428,40019,434
2023-08-18$215.20$212.2616.8%4.8%29.8%17.5%16.6%2.9%1.2%8.2M-161.7M-1.4M0.3280.33N/AN/A1,09935428,59520,115
2023-08-21$216.78$212.2616.3%4.7%22.6%15.3%16.2%2.7%1.1%9.9M-151.4M-1.4M0.4276.32N/AN/A64927224,00417,694
2023-08-22$217.05$212.2616.7%4.8%22.1%17.1%16.5%2.6%1.0%10.3M-156.0M-1.5M0.4867.43N/AN/A54425924,37317,917
2023-08-23$217.73$212.2616.3%4.7%22.1%15.2%17.1%2.3%1.1%10.5M-164.4M-1.5M0.5179.09N/AN/A56728924,60418,123
2023-08-24$217.84$212.2616.7%4.8%21.8%16.9%16.8%2.2%1.1%10.7M-173.8M-1.4M1.4976.13N/AN/A10315424,98718,220
2023-08-25$220.57$212.2616.0%4.6%21.7%14.1%16.0%2.0%1.4%11.8M-204.2M-1.5M0.6756.98N/AN/A60841025,04918,303
2023-08-28$221.55$212.2616.1%4.6%21.3%14.2%16.6%2.0%1.2%12.7M-219.5M-1.4M1.4482.09N/AN/A17224725,27518,421
2023-08-29$221.19$212.2614.8%4.2%21.3%8.6%15.0%1.6%1.4%13.1M-219.8M-1.4M2.4286.48N/AN/A11628025,34818,533
2023-08-30$220.19$212.2614.1%4.0%21.3%5.4%15.0%1.5%1.4%12.4M-203.3M-1.4M1.6285.86N/AN/A31450825,38118,701
2023-08-31$219.58$212.2614.2%4.1%17.0%5.8%14.9%1.8%1.4%12.1M-193.7M-1.4M1.8483.32N/AN/A21239225,55118,995