BDX Options History — September 2023

In September 2023, BDX traded between $203.00 and $218.66. ATM implied volatility averaged 17.1%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 3.6% (HV 20d: 13.5%). Max pain ranged from $208.33 to $216.19. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.76.

Notable Days

  • 2023-09-06: Highest Volume — 4,991 contracts
  • 2023-09-13: Largest IV drop — 22.7% change
  • 2023-09-12: Highest IV Rank — 36.0%
  • 2023-09-26: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$208.79$203.00$218.66$218.66$203.00
Max Pain$211.67$208.33$216.19$212.26$208.33
ATM IV17.1%13.6%20.9%13.6%18.3%
Expected Move4.8%3.9%5.8%3.9%5.3%
HV 20d13.5%11.4%17.1%16.7%15.1%
HV 60d20.1%19.5%20.6%19.5%20.6%
IV Rank18.9%3.1%36.0%3.1%24.5%
IV Percentile21.5%3.2%50.4%3.2%31.3%
Term Structure2.1%1.1%2.9%1.7%2.5%
VWIV16.8%14.8%20.0%15.5%19.0%
Skew 25d3.0%1.5%3.9%1.5%3.5%
Skew 10d6.3%2.6%8.9%2.6%7.2%
Call IV 25d15.8%13.7%18.4%13.7%17.4%
Put IV 25d18.8%15.2%22.0%15.2%20.9%
Bid-Ask Spread %67.5727.3488.2188.2185.05
Gamma HHI0.140.110.210.110.12
Net GEX10.3M5.0M18.6M11.6M6.9M
Net DEX-77.6M-180.3M-33.0M-180.3M-33.0M
Net VEX-1.3M-1.4M-1.3M-1.4M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.092.652.650.36
Total Volume1,352.452104,991774930
Total OI45,807.3541,66951,72544,71244,687

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$218.66$212.2613.6%3.9%16.7%3.1%15.5%1.5%1.7%11.6M-180.3M-1.4M2.6588.21N/AN/A21256225,61419,098
2023-09-05$214.72$216.1915.3%4.5%17.1%10.8%15.8%3.0%2.0%8.2M-118.4M-1.3M0.5177.66N/AN/A45723425,67419,455
2023-09-06$210.24$216.1917.4%5.0%16.1%20.4%19.8%3.5%1.6%5.0M-51.2M-1.3M0.1978.28N/AN/A4,20079125,59119,631
2023-09-07$209.69$216.1916.9%4.9%15.9%18.0%16.6%3.7%1.9%8.4M-63.4M-1.4M0.6975.15N/AN/A52235928,70820,015
2023-09-08$209.44$216.1915.9%4.8%14.6%13.6%16.8%3.2%1.8%8.2M-61.4M-1.4M0.4372.81N/AN/A1,11447628,94219,904
2023-09-11$209.41$216.1918.4%4.8%12.6%24.8%16.3%3.0%2.0%9.5M-69.7M-1.3M0.6727.34N/AN/A85957429,30120,110
2023-09-12$207.23$216.1920.9%4.7%12.7%36.0%16.4%3.3%1.9%7.7M-37.6M-1.3M0.0930.73N/AN/A1,40812629,51719,838
2023-09-13$207.87$216.1916.1%4.6%12.7%14.5%15.1%3.3%2.2%13.7M-51.7M-1.3M1.3648.53N/AN/A1,7342,35830,65419,855
2023-09-14$208.12$212.2615.1%4.3%12.4%9.9%14.8%2.8%2.9%18.6M-60.8M-1.3M1.9980.81N/AN/A38376331,58019,808
2023-09-15$207.19$212.2615.9%4.6%12.3%13.5%15.8%2.6%2.2%17.1M-37.4M-1.3M0.1077.84N/AN/A2,85128631,77719,948
2023-09-18$208.18$208.3316.1%4.6%12.5%14.2%16.3%2.3%2.2%9.8M-88.9M-1.3M0.1953.70N/AN/A1,00418825,00816,661
2023-09-19$209.42$208.3316.3%4.7%12.4%15.4%15.3%2.7%2.3%11.3M-106.3M-1.4M1.4578.87N/AN/A12718425,75416,657
2023-09-20$210.20$208.3316.6%4.8%12.5%16.6%15.5%2.6%2.2%11.8M-117.6M-1.4M0.4783.59N/AN/A26112225,77516,762
2023-09-21$208.68$208.3317.0%4.9%12.5%18.5%16.7%2.9%2.4%10.6M-96.7M-1.4M0.9560.90N/AN/A17016225,81016,845
2023-09-22$208.69$208.3316.8%4.8%12.5%17.6%16.5%2.7%2.5%10.5M-96.0M-1.4M0.3883.50N/AN/A1535725,85616,957
2023-09-25$209.07$208.3317.8%5.1%11.4%21.9%18.1%2.6%2.0%10.7M-100.5M-1.3M0.5682.99N/AN/A28415925,84816,993
2023-09-26$205.57$208.3320.1%5.8%12.1%32.7%20.0%3.6%1.1%8.7M-64.1M-1.3M0.9281.96N/AN/A23421526,42517,112
2023-09-27$203.61$208.3319.2%5.5%12.3%28.5%18.3%3.9%1.8%7.1M-40.3M-1.3M1.1332.34N/AN/A68477326,48417,200
2023-09-28$206.76$208.3318.3%5.3%14.1%24.5%17.9%2.9%2.5%9.8M-76.8M-1.3M0.1551.21N/AN/A93613726,99817,295
2023-09-29$203.00$208.3318.3%5.3%15.1%24.5%19.0%3.5%2.5%6.9M-33.0M-1.3M0.3685.05N/AN/A68624427,30917,378