BDX Options History — October 2025

In October 2025, BDX traded between $140.83 and $152.47. ATM implied volatility averaged 28.5%, placing in the 36.9% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 9.3% (HV 20d: 19.2%). Max pain ranged from $141.51 to $149.37. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.91.

Notable Days

2025-10-17: Highest Volume — 2,143 contracts
2025-10-15: Largest IV spike — 42.4% change
2025-10-16: Highest IV Rank — 56.7%
2025-10-16: Largest Expected Move — 10.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$147.54	$140.83	$152.47	$150.10	$140.83
Max Pain	$147.15	$141.51	$149.37	$149.37	$149.37
ATM IV	28.5%	22.0%	36.2%	22.8%	34.1%
Expected Move	8.8%	6.3%	10.4%	6.5%	9.8%
HV 20d	19.2%	17.3%	22.3%	17.6%	17.5%
HV 60d	25.8%	19.1%	26.5%	26.1%	19.1%
IV Rank	36.9%	20.0%	56.7%	22.1%	51.3%
IV Percentile	71.8%	44.4%	90.9%	50.8%	87.3%
Term Structure	-1.7%	-5.5%	8.7%	6.2%	-4.8%
VWIV	30.6%	22.4%	35.0%	23.2%	33.1%
Skew 25d	2.9%	0.1%	7.5%	1.9%	4.3%
Skew 10d	7.2%	1.6%	13.2%	4.9%	1.6%
Call IV 25d	28.8%	21.1%	34.5%	21.7%	32.2%
Put IV 25d	31.7%	23.6%	36.4%	23.7%	36.4%
Bid-Ask Spread %	79.27	70.07	94.93	84.87	80.33
Gamma HHI	0.18	0.10	0.56	0.20	0.10
Net GEX	3.6M	897.9K	10.2M	4.6M	897.9K
Net DEX	-35.0M	-69.6M	467.6K	-54.8M	467.6K
Net VEX	-459.9K	-494.7K	-419.8K	-493.9K	-421.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.91	0.14	2.68	0.78	0.75
Total Volume	442.043	113	2,143	465	298
Total OI	20,915.174	19,502	21,991	20,455	21,394

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-10-01	$150.10	$149.37	22.8%	6.5%	17.6%	22.1%	23.2%	1.9%	6.2%	4.6M	-54.8M	-493.9K	0.78	84.87	N/A	N/A	261	204	12,842	7,613
2025-10-02	$150.28	$149.37	22.6%	6.5%	17.3%	21.5%	22.4%	2.5%	7.4%	4.7M	-54.7M	-494.7K	0.75	87.63	N/A	N/A	134	100	12,890	7,711
2025-10-03	$152.47	$149.37	22.0%	6.3%	17.9%	20.0%	22.4%	2.3%	8.7%	5.1M	-69.6M	-491.9K	0.64	87.21	N/A	N/A	262	168	12,950	7,734
2025-10-06	$150.89	$141.51	24.1%	8.7%	18.3%	25.5%	33.3%	3.3%	-0.7%	5.2M	-59.1M	-487.6K	1.33	72.77	N/A	N/A	300	401	13,039	7,721
2025-10-07	$151.07	$145.44	24.4%	9.0%	18.2%	26.1%	30.9%	2.7%	-2.3%	5.2M	-59.9M	-487.8K	1.26	71.81	N/A	N/A	69	86	12,926	8,092
2025-10-08	$151.77	$145.44	22.4%	9.0%	17.8%	21.1%	31.2%	2.9%	-3.1%	5.5M	-62.5M	-479.4K	1.55	70.07	N/A	N/A	106	164	12,946	8,091
2025-10-09	$149.04	$145.44	22.8%	8.7%	18.9%	22.0%	31.3%	2.4%	-2.6%	4.9M	-43.3M	-469.7K	0.50	70.71	N/A	N/A	167	83	13,028	8,152
2025-10-10	$146.73	$145.44	26.3%	9.0%	19.0%	31.0%	31.7%	2.0%	-1.5%	3.6M	-29.0M	-461.6K	0.39	75.82	N/A	N/A	81	32	13,069	8,201
2025-10-13	$146.92	$145.44	28.5%	9.2%	18.9%	36.8%	32.9%	2.7%	-3.4%	3.8M	-28.8M	-449.2K	0.83	72.93	N/A	N/A	156	130	13,070	8,207
2025-10-14	$147.75	$145.44	23.1%	9.3%	19.0%	22.7%	32.2%	0.1%	-2.7%	4.8M	-34.2M	-451.6K	1.67	77.48	N/A	N/A	61	102	13,172	8,282
2025-10-15	$146.71	$145.44	32.8%	9.4%	19.0%	48.1%	32.0%	2.2%	-3.4%	4.0M	-26.3M	-439.6K	0.14	75.35	N/A	N/A	279	39	13,200	8,329
2025-10-16	$145.11	$145.44	36.2%	10.4%	19.2%	56.7%	33.6%	7.5%	-5.5%	1.2M	-11.8M	-430.6K	0.78	79.86	N/A	N/A	511	397	13,317	8,329
2025-10-17	$148.63	$141.51	26.7%	7.7%	21.1%	32.3%	27.3%	4.6%	1.4%	10.2M	-31.5M	-439.3K	0.21	94.93	N/A	N/A	1,774	369	13,544	8,447
2025-10-20	$150.61	$145.44	30.4%	8.7%	21.5%	41.8%	29.5%	4.3%	-2.9%	2.8M	-48.1M	-474.3K	0.71	78.22	N/A	N/A	506	359	11,673	7,829
2025-10-21	$148.22	$149.37	30.4%	8.7%	22.3%	41.8%	30.6%	2.7%	-2.1%	2.4M	-36.1M	-464.7K	1.35	76.73	N/A	N/A	159	215	12,048	8,044
2025-10-22	$147.64	$149.37	30.8%	8.8%	22.3%	42.7%	30.9%	2.5%	-2.4%	2.4M	-34.2M	-465.2K	0.54	76.79	N/A	N/A	253	137	12,131	8,151
2025-10-23	$146.92	$149.37	32.2%	9.2%	20.3%	46.4%	30.8%	2.7%	-3.8%	2.2M	-30.4M	-460.3K	0.36	79.72	N/A	N/A	247	89	12,219	8,222
2025-10-24	$146.19	$149.37	31.5%	9.0%	19.5%	44.7%	30.3%	3.7%	-4.0%	2.2M	-27.0M	-455.8K	0.33	79.14	N/A	N/A	164	55	12,357	8,290
2025-10-27	$147.00	$149.37	31.8%	9.1%	19.6%	45.4%	32.4%	3.6%	-3.1%	2.3M	-29.3M	-453.6K	0.84	80.83	N/A	N/A	169	142	12,426	8,325
2025-10-28	$144.87	$149.37	31.7%	9.1%	19.6%	45.1%	32.8%	2.2%	-3.9%	2.0M	-21.3M	-449.1K	0.98	81.78	N/A	N/A	106	103	12,502	8,400
2025-10-29	$142.82	$149.37	34.6%	9.9%	18.3%	52.7%	35.0%	0.5%	-5.4%	1.5M	-11.4M	-436.4K	1.56	84.63	N/A	N/A	111	173	12,529	8,460
2025-10-30	$140.87	$149.37	33.7%	9.7%	18.6%	50.3%	34.0%	3.7%	-4.5%	1.1M	-2.3M	-419.8K	2.68	83.62	N/A	N/A	121	324	12,565	8,582
2025-10-31	$140.83	$149.37	34.1%	9.8%	17.5%	51.3%	33.1%	4.3%	-4.8%	897.9K	467.6K	-421.2K	0.75	80.33	N/A	N/A	170	128	12,617	8,777