BDX Options History — February 2025

In February 2025, BDX traded between $176.42 and $195.19. ATM implied volatility averaged 19.6%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded below realized volatility by 10.6% (HV 20d: 30.2%). Max pain ranged from $184.75 to $192.61. Net GEX was positive for 4 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 10.42.

Notable Days

  • 2025-02-13: Highest Volume — 54,329 contracts
  • 2025-02-06: Largest IV drop — 42.2% change
  • 2025-02-05: Highest IV Rank — 65.4%
  • 2025-02-05: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$180.93$176.42$195.19$195.19$176.42
Max Pain$186.20$184.75$192.61$192.61$184.75
ATM IV19.6%16.4%30.8%26.8%18.9%
Expected Move5.6%4.9%8.8%7.7%5.4%
HV 20d30.2%12.4%33.9%12.4%32.0%
HV 60d22.2%18.2%23.1%18.2%22.9%
IV Rank21.0%8.1%65.4%49.4%18.3%
IV Percentile41.9%8.7%95.6%90.9%48.4%
Term Structure0.1%-8.2%2.5%-3.9%0.5%
VWIV19.8%17.4%30.8%26.9%19.2%
Skew 25d1.4%-0.6%2.4%1.8%2.1%
Skew 10d3.0%0.8%4.8%1.4%3.0%
Call IV 25d19.4%16.5%30.3%26.3%18.9%
Put IV 25d20.8%18.3%30.8%28.2%20.9%
Bid-Ask Spread %82.4578.2287.6978.2284.49
Gamma HHI0.270.130.470.150.14
Net GEX-14.0M-36.7M4.9M-1.7M-421.0K
Net DEX155.2M-64.7M319.1M-64.7M41.0M
Net VEX-864.5K-1.1M-413.4K-660.3K-900.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.420.08108.721.870.60
Total Volume8,115.47420354,3293,100203
Total OI54,260.21138,73669,08738,73648,097

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$195.19$192.6126.8%7.7%12.4%49.4%26.9%1.8%-3.9%-1.7M-64.7M-660.3K1.8778.22N/AN/A1,0802,02016,08722,649
2025-02-04$190.86$192.6126.6%7.6%15.6%48.7%26.9%0.7%-4.3%-7.8M9.0M-679.2K0.5680.44N/AN/A67237515,97624,020
2025-02-05$192.54$192.6130.8%8.8%15.6%65.4%30.8%0.5%-8.2%-5.1M-14.4M-681.9K3.6681.85N/AN/A9793,58116,47224,159
2025-02-06$177.75$188.6817.8%5.2%33.3%13.9%17.4%1.6%1.0%-19.2M287.1M-413.4K2.4782.92N/AN/A1,6874,17116,90925,142
2025-02-07$181.28$184.7516.4%5.0%33.9%8.1%17.8%1.6%2.2%-25.8M231.9M-558.6K1.2579.63N/AN/A6,0737,59417,41427,624
2025-02-10$180.27$184.7517.5%5.0%33.9%12.5%17.6%1.2%2.4%-26.8M257.3M-795.2K0.0880.24N/AN/A12,9201,03722,13931,605
2025-02-11$180.21$184.7516.8%5.0%33.5%9.7%17.4%1.5%2.0%-23.8M220.9M-1.1M0.3180.53N/AN/A1,12234333,22731,838
2025-02-12$177.81$184.7517.6%5.1%33.7%13.2%17.7%1.4%1.9%-20.8M283.1M-1.0M1.0180.39N/AN/A64665333,49731,923
2025-02-13$177.00$184.7518.1%5.2%33.7%14.8%18.5%-0.6%1.9%-19.5M309.3M-994.5K44.8383.34N/AN/A1,18653,14333,91332,222
2025-02-14$176.91$184.7517.2%4.9%33.4%11.3%17.6%1.3%2.5%-19.2M310.5M-962.2K10.8681.72N/AN/A3413,70334,60732,211
2025-02-18$176.80$184.7518.0%5.2%33.1%14.8%18.5%1.3%2.2%-18.5M319.1M-923.3K17.2980.35N/AN/A3616,24734,98932,320
2025-02-19$179.12$184.7517.9%5.1%33.3%14.2%17.6%1.7%1.9%-29.7M260.7M-970.9K0.0982.96N/AN/A4,09737135,24532,408
2025-02-20$179.21$184.7517.3%5.0%33.3%11.9%17.7%1.9%0.1%-36.7M256.8M-960.5K108.7286.13N/AN/A28130,56236,37332,585
2025-02-21$178.88$184.7517.8%5.1%33.1%13.7%18.4%1.8%0.6%-22.3M253.7M-960.5K1.8887.69N/AN/A1,3552,54936,49132,596
2025-02-24$181.30$184.7518.4%5.3%33.3%16.3%18.0%1.4%-0.5%4.9M-30.6M-999.8K0.5681.21N/AN/A78543630,73315,011
2025-02-25$180.33$184.7518.8%5.4%32.3%17.7%18.9%1.4%0.1%3.9M-18.0M-989.1K0.4383.91N/AN/A1978531,08415,194
2025-02-26$179.15$184.7520.1%5.8%32.0%22.9%19.6%2.4%-0.7%2.6M191.3K-926.4K0.5186.81N/AN/A1,81593231,10715,212
2025-02-27$176.73$184.7519.9%5.7%32.1%22.3%19.9%1.5%-0.2%19.9K36.3M-905.1K0.9783.81N/AN/A30129131,79516,070
2025-02-28$176.42$184.7518.9%5.4%32.0%18.3%19.2%2.1%0.5%-421.0K41.0M-900.9K0.6084.49N/AN/A1277631,89916,198