BDX Options History — January 2024

In January 2024, BDX traded between $183.92 and $194.40. ATM implied volatility averaged 22.1%, placing in the 57.6% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 4.6% (HV 20d: 17.5%). Max pain ranged from $184.75 to $188.68. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 2.80.

Notable Days

  • 2024-01-17: Highest Volume — 7,649 contracts
  • 2024-01-10: Largest IV spike — 16.8% change
  • 2024-01-31: Highest IV Rank — 97.0%
  • 2024-01-31: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$187.29$183.92$194.40$192.56$188.20
Max Pain$187.37$184.75$188.68$188.68$188.68
ATM IV22.1%17.1%28.3%17.3%28.3%
Expected Move6.5%4.9%8.1%4.9%8.1%
HV 20d17.5%12.5%20.1%12.5%18.5%
HV 60d25.0%24.6%25.5%24.6%24.9%
IV Rank57.6%26.3%97.0%27.2%97.0%
IV Percentile75.2%34.5%99.6%36.9%99.6%
Term Structure-1.9%-5.5%2.8%2.8%-4.1%
VWIV22.5%17.0%28.2%18.1%28.2%
Skew 25d3.1%1.5%5.0%1.5%1.8%
Skew 10d6.4%3.4%7.9%3.4%3.5%
Call IV 25d21.2%16.8%27.9%16.8%27.9%
Put IV 25d24.3%18.2%29.7%18.2%29.7%
Bid-Ask Spread %76.7138.9884.1484.1474.36
Gamma HHI0.140.070.530.130.08
Net GEX-998.4K-10.9M7.8M5.4M1.0M
Net DEX9.6M-59.7M60.2M-40.8M-2.3M
Net VEX-543.9K-614.7K-503.0K-603.6K-526.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.800.3011.941.280.85
Total Volume1,956.5713917,6491,7213,433
Total OI36,77820,26148,30644,42722,239

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$192.56$188.6817.3%4.9%12.5%27.2%18.1%1.5%2.8%5.4M-40.8M-603.6K1.2884.14N/AN/A75696526,42817,999
2024-01-03$189.22$188.6817.7%5.1%14.2%29.9%17.0%1.8%2.8%933.2K-2.8M-596.9K9.6476.84N/AN/A2572,47826,58418,067
2024-01-04$191.26$188.6817.1%5.9%13.5%26.3%21.1%3.4%-0.8%3.3M-20.7M-614.7K0.7676.55N/AN/A30523326,66618,129
2024-01-05$190.46$188.6817.9%6.1%13.4%31.1%20.7%3.1%-1.2%2.1M-13.2M-579.2K0.8376.16N/AN/A21417726,84718,240
2024-01-08$194.40$188.6818.6%6.1%14.9%36.0%21.1%2.8%-1.5%7.8M-59.7M-593.7K0.3076.35N/AN/A1,21235926,96118,351
2024-01-09$187.73$188.6818.6%6.3%20.1%35.6%23.0%3.3%-1.3%-1.3M12.5M-588.7K1.2675.90N/AN/A1,0791,35527,61518,342
2024-01-10$187.28$188.6821.7%6.2%20.1%55.3%21.2%3.3%-1.5%-2.3M19.7M-583.5K0.8378.05N/AN/A1,2821,06827,70218,720
2024-01-11$185.61$188.6822.0%6.3%19.5%57.0%22.0%3.0%-1.5%-5.0M38.1M-560.9K1.6978.02N/AN/A56795828,03718,878
2024-01-12$185.82$188.6822.1%6.4%18.9%58.1%21.8%3.7%-1.3%-5.6M34.1M-547.5K0.5538.98N/AN/A40722528,19519,074
2024-01-16$185.20$188.6823.3%6.7%18.9%65.2%22.9%3.7%-1.9%-7.1M43.5M-523.3K0.7178.60N/AN/A40828928,17619,168
2024-01-17$183.92$188.6823.4%6.7%18.8%66.2%22.9%3.8%-2.0%-8.2M60.2M-512.7K8.1979.15N/AN/A8326,81728,22219,319
2024-01-18$184.74$188.6822.9%6.6%18.7%63.1%23.0%3.4%-2.1%-7.3M45.1M-509.3K4.5880.08N/AN/A6823,12328,64819,270
2024-01-19$185.17$188.6822.1%6.3%18.3%57.6%22.0%3.3%-2.3%-10.9M32.1M-503.0K1.4081.37N/AN/A1,2611,76328,95619,350
2024-01-22$185.36$184.7523.0%6.6%18.3%63.5%22.7%3.3%-2.5%890.7K9.5M-503.5K0.8774.43N/AN/A49542910,9149,347
2024-01-23$186.90$184.7522.2%6.4%18.0%58.6%22.1%3.2%-2.5%1.3M2.4M-509.6K2.4180.40N/AN/A18143511,1489,493
2024-01-24$184.99$184.7523.6%6.8%18.2%67.0%23.3%3.3%-2.8%613.5K13.4M-505.0K11.9482.95N/AN/A2963,53911,2489,808
2024-01-25$185.84$184.7524.0%6.9%18.3%69.7%22.8%2.9%-3.1%735.7K9.1M-519.0K3.3481.12N/AN/A25384511,37410,003
2024-01-26$186.19$184.7524.7%7.1%18.2%73.9%24.4%2.9%-3.4%884.3K7.7M-519.8K1.1777.65N/AN/A38044511,40110,023
2024-01-29$186.39$184.7526.0%7.5%18.0%82.4%26.4%5.0%-4.5%918.6K6.9M-516.3K1.9177.17N/AN/A13625911,57910,106
2024-01-30$185.89$184.7527.1%7.8%17.9%88.9%26.9%2.6%-5.5%821.0K6.9M-506.5K4.2282.67N/AN/A17072011,59210,119
2024-01-31$188.20$188.6828.3%8.1%18.5%97.0%28.2%1.8%-4.1%1.0M-2.3M-526.4K0.8574.36N/AN/A1,8601,57311,63910,600