BDX Options History — July 2025

In July 2025, BDX traded between $135.60 and $146.04. ATM implied volatility averaged 33.5%, placing in the 49.9% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 14.8% (HV 20d: 18.7%). Max pain ranged from $133.65 to $141.51. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.90.

Notable Days

  • 2025-07-01: Highest Volume — 4,318 contracts
  • 2025-07-07: Largest IV spike — 19.6% change
  • 2025-07-31: Highest IV Rank — 73.7%
  • 2025-07-31: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$140.53$135.60$146.04$139.43$141.11
Max Pain$138.65$133.65$141.51$133.65$141.51
ATM IV33.5%24.0%42.7%27.0%42.7%
Expected Move9.8%7.5%12.3%7.7%12.3%
HV 20d18.7%16.0%21.1%16.4%19.1%
HV 60d39.4%20.0%46.2%46.2%20.0%
IV Rank49.9%25.1%73.7%32.9%73.7%
IV Percentile90.4%62.7%99.2%82.5%99.2%
Term Structure-4.6%-11.5%4.1%2.2%-11.5%
VWIV34.0%25.2%42.8%25.2%42.8%
Skew 25d3.5%1.7%5.6%2.4%4.1%
Skew 10d7.3%-2.2%18.6%3.7%9.5%
Call IV 25d32.2%23.9%40.3%23.9%40.3%
Put IV 25d35.6%26.4%44.5%26.4%44.5%
Bid-Ask Spread %75.2569.4984.0882.4274.73
Gamma HHI0.190.130.650.160.13
Net GEX7.8M2.1M21.9M7.9M2.7M
Net DEX-52.9M-124.6M13.2M-69.0M147.7K
Net VEX-699.1K-762.8K-638.3K-702.5K-688.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.900.092.070.140.73
Total Volume1,452.5451614,3184,318659
Total OI42,011.536,51548,76439,46741,329

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$139.43$133.6527.0%7.7%16.4%32.9%25.2%2.4%2.2%7.9M-69.0M-702.5K0.1482.42N/AN/A3,77754126,36913,098
2025-07-02$139.23$133.6526.3%7.5%16.0%31.0%25.8%2.2%4.1%8.8M-76.1M-757.5K0.8784.08N/AN/A51044128,90513,301
2025-07-03$138.54$137.5824.0%8.7%16.2%25.1%30.4%2.9%-1.5%8.8M-68.3M-743.3K0.8375.20N/AN/A27122429,04713,367
2025-07-07$135.60$137.5828.7%9.2%18.1%37.4%32.2%3.1%-1.1%9.0M-29.0M-680.7K0.7971.51N/AN/A52942029,18513,491
2025-07-08$137.29$137.5826.0%8.9%18.2%30.3%32.0%1.7%-2.1%9.9M-49.8M-696.9K2.0773.63N/AN/A14429829,26213,805
2025-07-09$137.79$137.5830.3%8.7%18.2%41.5%30.6%2.4%-2.0%10.3M-58.7M-687.0K0.8074.38N/AN/A28522929,35313,931
2025-07-10$139.22$137.5831.1%8.9%18.3%43.5%30.5%2.0%-2.1%11.0M-81.4M-694.3K1.2375.60N/AN/A40449929,64114,165
2025-07-11$138.49$137.5830.0%8.6%18.1%40.7%27.5%2.0%-2.0%12.0M-68.8M-673.2K1.2582.24N/AN/A18122529,78814,173
2025-07-14$138.44$137.5831.8%9.1%17.9%45.5%31.6%2.0%-3.0%12.0M-71.1M-649.4K0.1473.53N/AN/A2,45934229,79314,179
2025-07-15$140.33$137.5832.5%9.3%18.1%47.2%32.7%2.0%-3.1%10.5M-104.1M-651.8K0.3776.86N/AN/A1,44653629,52714,201
2025-07-16$139.93$137.5834.0%9.7%18.1%51.1%33.9%3.3%-4.5%11.8M-97.4M-638.3K1.2571.61N/AN/A1,1141,38829,46514,365
2025-07-17$141.71$137.5833.5%9.6%18.0%49.7%33.2%5.6%-4.8%21.9M-124.6M-654.7K0.8874.80N/AN/A2,1281,87730,36615,429
2025-07-18$140.18$137.5833.3%9.6%18.2%49.3%33.0%5.0%-4.0%10.3M-101.4M-668.3K0.3674.28N/AN/A1,64660031,94416,820
2025-07-21$138.57$137.5834.9%10.0%18.8%53.4%33.9%5.3%-3.5%2.1M13.2M-662.2K1.0181.57N/AN/A77678422,46114,054
2025-07-22$142.64$141.5136.9%10.6%21.1%58.7%35.2%5.1%-8.4%2.9M-16.9M-719.0K0.2473.08N/AN/A66816222,94914,692
2025-07-23$143.44$141.5137.8%10.8%20.8%60.9%37.1%3.9%-7.5%3.2M-26.3M-736.3K1.6871.90N/AN/A1,1801,97923,38814,773
2025-07-24$144.20$141.5138.3%11.0%20.7%62.1%38.9%4.0%-8.3%3.0M-28.3M-760.3K0.7172.45N/AN/A34324523,76916,446
2025-07-25$146.04$141.5138.2%10.9%20.0%61.9%40.1%3.9%-8.2%3.5M-43.9M-762.8K1.9574.46N/AN/A16231523,92316,500
2025-07-28$144.11$141.5138.9%11.1%21.0%63.8%37.1%3.6%-8.9%3.2M-27.9M-726.8K0.0974.12N/AN/A1,0619423,90716,452
2025-07-29$143.18$141.5140.6%11.6%21.1%68.1%41.0%4.9%-10.2%3.5M-21.5M-717.2K0.9473.53N/AN/A837824,82416,477
2025-07-30$142.23$141.5141.4%11.9%18.9%70.3%42.3%4.6%-11.0%3.2M-12.0M-708.3K1.4069.49N/AN/A35649724,85416,485
2025-07-31$141.11$141.5142.7%12.3%19.1%73.7%42.8%4.1%-11.5%2.7M147.7K-688.9K0.7374.73N/AN/A38027924,79616,533