BDX Options History — October 2023

In October 2023, BDX traded between $197.21 and $210.35. ATM implied volatility averaged 23.8%, placing in the 54.6% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 7.5% (HV 20d: 16.2%). Max pain ranged from $204.40 to $212.26. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.16.

Notable Days

  • 2023-10-11: Highest Volume — 3,455 contracts
  • 2023-10-11: Largest IV spike — 26.2% change
  • 2023-10-27: Highest IV Rank — 84.4%
  • 2023-10-27: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$203.10$197.21$210.35$202.45$198.33
Max Pain$210.12$204.40$212.26$208.33$204.40
ATM IV23.8%18.4%28.0%19.3%27.5%
Expected Move6.9%5.5%8.0%5.5%7.9%
HV 20d16.2%12.7%18.6%15.1%17.1%
HV 60d19.0%16.0%21.6%20.6%16.0%
IV Rank54.6%24.9%84.4%29.1%82.0%
IV Percentile75.6%32.9%95.6%40.5%95.6%
Term Structure-1.8%-4.4%2.0%2.0%-4.4%
VWIV24.2%19.0%29.5%20.2%27.7%
Skew 25d4.0%2.7%4.8%3.5%4.3%
Skew 10d8.7%6.9%10.7%7.7%9.3%
Call IV 25d22.4%18.5%25.8%18.5%25.1%
Put IV 25d26.4%22.0%30.5%22.0%29.4%
Bid-Ask Spread %73.7637.5584.9384.3279.96
Gamma HHI0.120.110.130.120.13
Net GEX7.2M4.0M13.3M6.4M4.4M
Net DEX-38.7M-120.3M16.8M-27.8M10.5M
Net VEX-1.2M-1.3M-1.1M-1.2M-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.144.151.020.90
Total Volume791.7272543,455303254
Total OI48,314.45544,98851,82245,02948,665

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$202.45$208.3319.3%5.5%15.1%29.1%20.2%3.5%2.0%6.4M-27.8M-1.2M1.0284.32N/AN/A15015327,62917,400
2023-10-03$203.61$208.3321.3%6.1%14.4%38.1%23.5%3.7%1.2%7.6M-45.6M-1.3M0.8784.61N/AN/A65857127,58717,401
2023-10-04$203.77$208.3320.1%5.8%12.7%32.7%19.0%3.7%1.8%7.5M-45.9M-1.3M2.0984.93N/AN/A9419727,95117,799
2023-10-05$205.35$212.2620.9%6.4%13.1%36.2%22.5%3.8%-1.1%8.4M-57.3M-1.3M0.2137.55N/AN/A66414127,94817,850
2023-10-06$206.82$212.2619.1%6.1%13.4%28.0%20.3%3.7%-0.7%10.1M-78.7M-1.3M2.4173.81N/AN/A9021828,56317,938
2023-10-09$208.44$212.2620.9%6.4%13.8%36.3%22.6%3.8%-1.2%11.5M-100.9M-1.3M4.1550.32N/AN/A20786028,59517,995
2023-10-10$210.35$212.2618.4%6.0%13.6%24.9%22.3%3.5%-1.0%13.3M-120.3M-1.3M0.5473.75N/AN/A35519228,73718,813
2023-10-11$205.09$212.2623.2%6.7%16.4%46.8%22.1%4.5%-1.6%7.4M-48.9M-1.3M0.2975.69N/AN/A2,67078528,61118,908
2023-10-12$202.09$212.2624.2%6.9%17.1%51.8%23.3%4.6%-1.8%6.0M-26.7M-1.3M0.9664.36N/AN/A65462530,60719,028
2023-10-13$202.88$212.2624.3%7.0%17.2%52.3%24.7%3.8%-1.9%6.9M-38.9M-1.3M1.1173.26N/AN/A35139131,19619,393
2023-10-16$204.21$212.2623.0%6.6%17.3%47.1%22.6%4.0%-2.0%7.5M-47.7M-1.3M1.6674.24N/AN/A26644131,39819,618
2023-10-17$203.02$212.2623.3%6.7%17.1%48.4%23.2%2.7%-2.2%6.2M-31.1M-1.2M0.2077.59N/AN/A53410631,35219,802
2023-10-18$204.15$212.2624.1%6.9%17.2%57.3%23.0%4.2%-2.0%7.3M-48.4M-1.3M0.6776.59N/AN/A33322431,62719,802
2023-10-19$202.10$212.2625.3%7.2%17.4%63.1%26.4%3.2%-2.0%5.4M-22.0M-1.3M2.1777.69N/AN/A10222131,76919,916
2023-10-20$203.71$212.2625.7%7.4%17.7%65.5%25.0%3.4%-2.5%6.2M-41.3M-1.3M0.4970.88N/AN/A70534631,79620,026
2023-10-23$201.52$208.3326.5%7.6%18.0%69.5%28.8%4.6%-2.9%6.6M-24.6M-1.2M1.0775.99N/AN/A16918129,02418,313
2023-10-24$204.43$208.3325.4%7.3%17.9%68.6%25.7%4.7%-3.1%8.5M-58.5M-1.3M2.4373.94N/AN/A24459429,15218,397
2023-10-25$201.01$208.3326.4%7.6%18.6%74.5%26.1%4.6%-3.3%6.3M-22.5M-1.2M0.2778.61N/AN/A43811829,30818,388
2023-10-26$199.70$208.3327.3%7.8%17.7%80.4%26.4%4.3%-3.5%5.4M-5.3M-1.2M0.1477.23N/AN/A6218829,40418,489
2023-10-27$197.21$208.3328.0%8.0%17.1%84.4%27.1%4.7%-3.6%4.0M16.8M-1.1M0.8479.13N/AN/A49241629,61918,522
2023-10-30$197.97$204.4028.0%8.0%17.2%84.1%29.5%4.8%-3.9%4.4M14.3M-1.1M0.9478.34N/AN/A25724229,83918,743
2023-10-31$198.33$204.4027.5%7.9%17.1%82.0%27.7%4.3%-4.4%4.4M10.5M-1.1M0.9079.96N/AN/A13412029,91718,748