BDX Options History — March 2025

In March 2025, BDX traded between $175.28 and $182.73. ATM implied volatility averaged 21.6%, placing in the 28.8% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 2.5% (HV 20d: 19.0%). Max pain ranged from $180.82 to $184.75. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 1.70.

Notable Days

  • 2025-03-24: Highest Volume — 9,632 contracts
  • 2025-03-10: Largest IV spike — 25.5% change
  • 2025-03-10: Highest IV Rank — 50.2%
  • 2025-03-10: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$179.09$175.28$182.73$179.48$180.45
Max Pain$182.98$180.82$184.75$184.75$180.82
ATM IV21.6%19.4%27.0%21.1%22.6%
Expected Move6.6%6.1%7.7%6.1%6.9%
HV 20d19.0%14.9%33.0%32.9%14.9%
HV 60d22.7%22.3%23.4%23.2%22.4%
IV Rank28.8%20.0%50.2%27.0%33.0%
IV Percentile65.4%50.8%91.3%68.3%70.2%
Term Structure1.1%-1.7%2.9%-0.6%1.2%
VWIV23.0%21.1%28.4%21.5%24.0%
Skew 25d2.6%1.3%3.5%1.3%3.1%
Skew 10d5.4%1.2%8.6%1.2%7.0%
Call IV 25d20.5%18.0%23.6%21.0%21.9%
Put IV 25d23.2%21.0%26.3%22.3%24.9%
Bid-Ask Spread %79.7464.8692.2486.3367.13
Gamma HHI0.140.120.170.130.16
Net GEX8.0M-895.6K21.2M1.7M17.2M
Net DEX-25.5M-91.2M49.3M-3.2M-91.2M
Net VEX-1.0M-1.3M-835.2K-949.4K-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.700.0220.520.710.87
Total Volume2,268.4291619,632447161
Total OI53,518.28641,96863,34848,16659,073

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$179.48$184.7521.1%6.1%32.9%27.0%21.5%1.3%-0.6%1.7M-3.2M-949.4K0.7186.33N/AN/A26118631,92016,246
2025-03-04$177.09$184.7521.9%6.3%33.0%29.9%21.7%2.2%-1.0%220.8K33.3M-880.3K0.6385.23N/AN/A20512832,04316,274
2025-03-05$176.43$184.7521.5%6.2%32.3%28.6%21.2%2.2%2.1%-835.1K35.0M-917.3K0.3287.05N/AN/A2,45579532,09816,325
2025-03-06$176.89$184.7522.2%6.4%32.1%31.2%21.8%2.5%0.4%687.4K34.1M-904.3K0.2489.12N/AN/A3708934,13817,005
2025-03-07$180.20$184.7521.5%6.2%16.6%28.4%22.0%2.4%1.4%4.8M-22.6M-984.4K0.8186.87N/AN/A34027634,43917,075
2025-03-10$179.14$184.7527.0%7.7%15.1%50.2%28.4%2.8%-0.9%5.4M-26.4M-1.0M2.9584.30N/AN/A3941,16434,53017,143
2025-03-11$177.70$184.7523.9%7.5%15.2%38.0%26.2%3.3%-1.7%1.8M17.6M-932.7K20.5289.39N/AN/A1212,47934,66817,746
2025-03-12$176.45$184.7522.6%7.1%15.4%32.9%24.9%2.9%0.3%556.1K34.4M-866.2K1.4790.97N/AN/A20730534,73217,649
2025-03-13$175.28$184.7523.0%7.0%14.9%34.4%24.8%2.7%0.1%-895.6K49.3M-835.2K0.1691.15N/AN/A1,18719034,81317,701
2025-03-14$177.28$184.7521.5%6.3%15.4%28.6%22.2%2.6%0.8%1.9M4.1M-921.5K0.4592.24N/AN/A1,22754735,81317,807
2025-03-17$179.74$180.8220.1%6.1%16.1%23.0%22.0%2.4%1.2%7.5M-26.4M-893.4K0.0864.86N/AN/A1,91614636,85618,280
2025-03-18$182.40$180.8221.4%6.4%16.8%28.2%21.1%3.5%0.7%15.1M-84.0M-923.0K1.0269.86N/AN/A2,8562,90937,54418,316
2025-03-19$182.73$180.8220.2%6.3%16.3%23.2%23.1%1.9%2.3%17.4M-84.9M-1.1M0.3768.52N/AN/A2,32486940,14421,122
2025-03-20$182.50$0.0020.9%6.7%16.3%26.3%22.6%2.2%2.7%21.2M-85.4M-1.1M0.7091.62N/AN/A67947741,53221,296
2025-03-21$180.13$184.7519.8%6.5%17.0%21.5%23.1%2.9%2.9%12.5M-28.7M-1.0M0.3470.23N/AN/A1,05836441,72921,619
2025-03-24$180.09$180.8219.4%6.4%16.3%20.0%22.3%3.0%2.9%9.6M-46.7M-973.2K0.0480.72N/AN/A9,22840429,17812,790
2025-03-25$179.21$180.8219.7%6.3%16.3%21.3%21.8%2.9%2.5%12.7M-63.8M-1.1M2.6772.07N/AN/A7341,95837,60213,046
2025-03-26$179.03$180.8219.7%6.4%16.1%21.5%22.8%2.5%2.6%11.7M-52.3M-1.2M1.1971.35N/AN/A24729437,95414,550
2025-03-27$179.95$180.8220.2%6.5%15.4%23.1%22.1%2.8%2.5%13.1M-64.5M-1.2M0.0267.96N/AN/A6,88414438,13214,698
2025-03-28$178.60$180.8223.0%6.9%15.7%34.3%24.0%3.2%1.2%13.8M-62.3M-1.3M0.2467.51N/AN/A85520443,48114,777
2025-03-31$180.45$180.8222.6%6.9%14.9%33.0%24.0%3.1%1.2%17.2M-91.2M-1.3M0.8767.13N/AN/A867544,28714,786