BDX Options History — March 2026

In March 2026, BDX traded between $154.29 and $176.14. ATM implied volatility averaged 30.4%, placing in the 37.0% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 5.2% (HV 20d: 25.2%). Max pain ranged from $155.00 to $180.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.91.

Notable Days

  • 2026-03-20: Highest Volume — 1,053 contracts
  • 2026-03-11: Largest IV drop — 5.8% change
  • 2026-03-09: Highest IV Rank — 41.5%
  • 2026-03-30: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$161.65$154.29$176.14$176.14$156.95
Max Pain$169.55$155.00$180.00$175.00$155.00
ATM IV30.4%28.5%32.0%29.2%30.6%
Expected Move8.6%8.2%9.1%8.4%8.8%
HV 20d25.2%15.4%37.1%36.3%20.6%
HV 60d27.8%26.6%28.9%28.4%28.4%
IV Rank37.0%31.7%41.5%33.6%37.6%
IV Percentile71.3%63.9%78.2%69.8%70.2%
Term Structure1.5%-2.2%4.7%-2.1%4.7%
VWIV30.2%28.4%32.6%28.9%30.3%
Skew 25d2.3%-0.3%4.3%1.0%1.4%
Skew 10d4.1%-4.7%10.9%-0.1%4.0%
Call IV 25d29.4%27.8%31.9%28.9%29.1%
Put IV 25d31.7%29.8%34.0%29.9%30.5%
Bid-Ask Spread %40.9015.8182.7872.9619.68
Gamma HHI0.200.090.360.360.24
Net GEX270.8K-145.4K775.1K672.6K775.1K
Net DEX2.1M-4.1M7.8M-4.1M-3.2M
Net VEX-64.9K-81.9K-50.9K-68.4K-80.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.052.831.341.80
Total Volume200.682611,053103112
Total OI3,476.8182,8234,2282,8234,228

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$176.14$175.0029.2%8.4%36.3%33.6%28.9%1.0%-2.1%672.6K-4.1M-68.4K1.3472.96N/AN/A44591,947876
2026-03-03$174.17$175.0030.6%8.8%36.6%37.4%30.5%0.9%-2.2%558.7K-2.5M-68.1K0.9082.78N/AN/A82741,976924
2026-03-04$171.26$175.0029.3%8.4%37.0%34.0%30.5%1.8%-2.1%354.7K536.1K-64.2K0.8577.79N/AN/A62532,044996
2026-03-05$168.94$180.0029.8%8.3%37.1%35.4%29.2%0.9%1.3%209.1K2.8M-61.9K0.3173.63N/AN/A3351052,0951,036
2026-03-06$168.01$180.0030.7%8.2%36.8%37.9%30.2%3.5%1.6%164.5K3.6M-62.8K0.4073.92N/AN/A92372,0851,100
2026-03-09$165.74$180.0032.0%8.4%36.9%41.5%29.3%2.2%2.0%59.7K5.4M-57.7K0.3378.43N/AN/A128422,1221,117
2026-03-10$165.06$180.0030.3%8.3%36.6%36.7%29.4%2.5%1.4%18.8K5.6M-57.8K1.0276.63N/AN/A48492,1491,145
2026-03-11$163.73$175.0028.5%8.2%36.2%31.7%29.8%3.2%1.1%-15.3K5.8M-56.0K2.0076.87N/AN/A40802,1621,136
2026-03-12$159.49$175.0030.0%8.6%19.7%36.0%30.9%2.1%0.7%-102.6K7.8M-50.9K1.2318.70N/AN/A56692,1821,152
2026-03-13$159.49$175.0031.6%9.0%19.8%40.4%32.3%1.8%0.8%-37.2K5.8M-54.4K0.8420.76N/AN/A43362,2091,109
2026-03-16$159.99$175.0030.7%8.8%19.9%37.8%30.5%-0.3%2.5%-115.2K6.5M-52.1K0.2920.81N/AN/A228672,2291,128
2026-03-17$161.88$175.0030.2%8.6%20.7%36.4%29.6%3.4%1.5%-51.0K4.9M-61.4K0.6121.88N/AN/A38232,4171,145
2026-03-18$157.92$175.0030.0%8.6%17.1%35.9%30.8%1.1%1.3%-122.0K7.0M-56.6K1.8425.22N/AN/A50922,4301,149
2026-03-19$157.42$175.0030.6%8.8%17.0%37.6%29.0%3.2%2.6%-132.5K6.0M-56.9K0.6920.19N/AN/A68472,4531,127
2026-03-20$154.41$175.0030.9%8.8%15.4%38.4%30.8%2.1%2.4%-145.4K6.9M-54.1K0.0719.13N/AN/A984692,4511,129
2026-03-23$156.46$155.0030.9%8.8%17.0%38.4%28.4%3.3%3.2%471.7K-1.0M-71.6K0.1316.74N/AN/A396502,3051,003
2026-03-24$155.53$155.0030.2%8.7%17.0%36.4%30.2%4.0%2.2%609.0K-1.3M-74.9K0.9816.70N/AN/A58572,6581,044
2026-03-25$158.39$155.0029.3%8.4%19.3%33.9%29.2%4.3%2.7%676.7K-3.5M-79.7K0.0915.81N/AN/A129112,7091,098
2026-03-26$156.40$155.0030.2%8.7%18.8%36.4%30.4%2.1%3.1%719.1K-3.5M-81.9K0.0523.28N/AN/A229112,8341,105
2026-03-27$154.56$155.0031.2%8.9%18.9%39.2%31.3%4.3%1.8%708.1K-2.2M-79.4K1.3125.43N/AN/A32423,0051,110
2026-03-30$154.29$155.0031.6%9.1%18.9%40.4%32.6%1.6%3.2%682.3K-618.2K-76.5K2.8322.52N/AN/A23653,0221,149
2026-03-31$156.95$155.0030.6%8.8%20.6%37.6%30.3%1.4%4.7%775.1K-3.2M-80.3K1.8019.68N/AN/A40723,0311,197