BDX Options History — February 2026

In February 2026, BDX traded between $159.14 and $184.96. ATM implied volatility averaged 31.8%, placing in the 41.5% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 1.1% (HV 20d: 30.8%). Max pain ranged from $153.30 to $195.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.93.

Notable Days

  • 2026-02-06: Highest Volume — 3,000 contracts
  • 2026-02-09: Largest IV drop — 35.5% change
  • 2026-02-06: Highest IV Rank — 79.7%
  • 2026-02-04: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$173.85$159.14$184.96$159.14$176.27
Max Pain$168.74$153.30$195.00$161.16$175.00
ATM IV31.8%26.2%45.5%36.9%27.8%
Expected Move8.8%7.5%11.6%10.6%8.0%
HV 20d30.8%21.2%36.2%24.8%36.2%
HV 60d26.1%21.9%28.6%23.1%28.5%
IV Rank41.5%25.1%79.7%56.1%29.7%
IV Percentile75.5%59.1%98.0%91.7%64.7%
Term Structure-2.0%-8.1%2.2%-5.7%-0.0%
VWIV31.0%26.7%40.8%38.8%27.7%
Skew 25d1.9%-1.6%10.8%2.1%1.8%
Skew 10d3.2%-4.6%10.2%3.5%3.3%
Call IV 25d30.4%25.5%39.1%36.6%27.4%
Put IV 25d32.3%26.6%44.7%38.8%29.2%
Bid-Ask Spread %72.5932.2180.6376.2376.41
Gamma HHI0.360.140.490.380.37
Net GEX3.3M-394.6K10.7M8.2M699.2K
Net DEX-39.9M-140.3M19.9M-93.4M-4.4M
Net VEX-252.0K-693.8K0-643.0K-69.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.930.093.000.420.56
Total Volume541.47403,00029967
Total OI11,480.211031,25129,6462,789

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$159.14$161.1636.9%10.6%24.8%56.1%38.8%2.1%-5.7%8.2M-93.4M-643.0K0.4276.23N/AN/A2108923,1836,463
2026-02-03$161.93$161.1637.4%10.7%24.3%57.7%39.1%2.1%-7.1%9.9M-118.6M-668.4K2.0676.35N/AN/A6613623,3146,505
2026-02-04$164.39$161.1640.6%11.6%21.8%66.4%40.8%3.2%-8.1%10.3M-140.3M-693.8K0.0974.42N/AN/A8097623,3116,569
2026-02-05$162.34$153.3041.8%9.6%21.2%69.6%34.5%-0.4%-2.5%9.2M-120.4M-666.5K0.7270.69N/AN/A16011622,8696,579
2026-02-06$164.72$153.3045.5%9.9%21.2%79.7%34.3%0.3%-4.2%9.5M-136.1M-683.8K0.6870.66N/AN/A1,7851,21523,0506,608
2026-02-09$162.53$157.2329.3%8.1%21.4%35.4%29.6%1.5%1.5%10.7M-107.0M-653.3K1.1168.21N/AN/A1,0861,20323,8957,356
2026-02-10$165.35$0.0037.1%10.7%22.1%56.9%0.0%10.8%-5.8%0000.0032.21N/AN/A0000
2026-02-11$179.70$195.0028.2%8.1%36.1%31.7%29.2%0.8%0.7%-394.6K19.9M-319.5K0.4676.76N/AN/A984515,3515,510
2026-02-12$178.34$170.0028.5%8.2%35.3%32.6%28.8%0.9%1.0%2.4K-465.1K-4.1K0.2479.51N/AN/A150369748
2026-02-13$176.42$170.0028.0%8.0%35.7%30.3%28.5%0.8%1.1%61.8K-699.7K-12.7K0.8968.11N/AN/A16915136877
2026-02-17$176.85$170.0028.5%8.2%35.6%31.8%29.9%3.0%1.3%53.0K-849.3K-13.6K2.9374.52N/AN/A42123397220
2026-02-18$182.48$170.0027.1%7.8%35.8%27.9%27.5%-1.6%2.2%221.5K-2.2M-16.0K0.1573.61N/AN/A41863425331
2026-02-19$182.32$170.0027.8%8.0%35.9%29.6%27.8%1.4%-3.0%383.8K-4.8M-32.5K0.2769.71N/AN/A35997813386
2026-02-20$184.94$170.0026.2%7.5%35.9%25.1%26.7%1.7%-0.4%985.0K-9.1M-45.6K0.1578.46N/AN/A7221071,176468
2026-02-23$184.96$175.0029.1%8.3%34.3%33.4%29.1%1.2%-2.2%988.7K-13.5M-61.3K1.1378.43N/AN/A1351521,697496
2026-02-24$182.75$175.0028.3%8.1%35.0%31.2%28.5%2.3%-2.0%957.6K-11.7M-65.9K0.4878.58N/AN/A90431,819636
2026-02-25$180.67$175.0028.5%8.2%35.6%31.8%28.2%3.4%-3.2%940.2K-9.5M-66.5K3.0080.63N/AN/A531591,885683
2026-02-26$177.13$175.0028.1%8.1%36.1%30.6%28.6%0.3%-1.7%730.3K-5.6M-70.8K1.4275.80N/AN/A24341,914836
2026-02-27$176.27$175.0027.8%8.0%36.2%29.7%27.7%1.8%-0.0%699.2K-4.4M-69.8K0.5676.41N/AN/A43241,932857