BOX Options History — November 2011

In November 2011, BOX traded between $13.14 and $15.39. ATM implied volatility averaged 49.4%. The 30-day expected move averaged 13.8%. IV traded above realized volatility by 8.5% (HV 20d: 41.0%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2011-11-15: Highest Volume — 16 contracts
  • 2011-11-29: Largest IV spike — 155.2% change
  • 2011-11-08: Largest Expected Move — 24.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.25$13.14$15.39$13.32$15.39
Max Pain$13.75$12.50$15.00$15.00$15.00
ATM IV49.4%32.7%85.3%45.9%40.3%
Expected Move13.8%9.4%24.4%13.2%11.5%
HV 20d41.0%36.9%46.3%46.3%40.2%
HV 60d53.4%47.4%61.9%61.3%47.6%
Term Structure-3.7%-73.7%17.9%1.5%7.3%
VWIV118.4%118.4%118.4%118.4%118.4%
Skew 25d0.7%-89.1%15.8%0.2%9.8%
Skew 10d5.1%-100.8%15.1%14.4%14.5%
Call IV 25d44.0%31.3%143.7%42.6%41.4%
Put IV 25d44.8%34.7%54.6%42.8%51.2%
Bid-Ask Spread %123.79103.14200.00200.00121.08
Gamma HHI0.540.381.001.000.49
Net GEX1.3K624.3K621.0K
Net DEX-26.8K-52.4K-112-112-37.5K
Net VEX-159-247-1-1-181
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.8016010
Total OI140.45111971173

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-11-01$13.32$15.0045.9%13.2%46.3%0.0%0.0%0.0%0.0%62-112-10.00200.00N/AN/A00110
2011-11-02$13.43$12.5045.2%12.9%43.6%0.0%0.0%0.2%1.5%910-14.9K-1600.00121.08N/AN/A0015724
2011-11-03$13.85$12.5050.3%14.4%41.5%0.0%0.0%10.3%-7.8%1.2K-19.0K-1520.00164.51N/AN/A0015724
2011-11-04$13.47$0.0050.2%14.0%43.2%0.0%0.0%4.2%-1.8%932-16.2K-1640.00112.29N/AN/A0015724
2011-11-07$13.14$0.0050.7%13.7%41.3%0.0%0.0%6.2%0.6%878-11.8K-1500.00111.20N/AN/A0015724
2011-11-08$13.56$0.0085.3%24.4%42.5%0.0%0.0%-89.1%-41.7%1.9K-52.4K-2470.00157.72N/AN/A0015724
2011-11-09$13.33$0.0066.1%13.3%41.4%0.0%0.0%11.9%8.4%890-13.2K-1500.00121.45N/AN/A0015724
2011-11-10$13.72$0.0045.3%13.0%41.2%0.0%0.0%15.0%10.9%935-17.4K-1510.00111.73N/AN/A0015724
2011-11-11$14.16$0.0042.0%12.0%42.3%0.0%0.0%-3.6%-1.6%1.3K-23.3K-1610.00116.36N/AN/A0015724
2011-11-14$14.34$0.0041.8%12.0%42.3%0.0%0.0%13.5%1.1%1.3K-27.2K-1610.00112.47N/AN/A0015724
2011-11-15$14.83$0.0045.9%13.2%43.2%0.0%0.0%-0.4%17.9%2.5K-33.5K-1560.00118.99N/AN/A16015724
2011-11-16$14.92$0.0045.1%12.9%40.8%0.0%0.0%-0.3%-0.6%2.5K-48.3K-1790.00114.06N/AN/A0017324
2011-11-17$14.89$0.0045.3%13.0%40.6%0.0%0.0%8.4%-0.0%2.6K-49.1K-1770.00113.35N/AN/A0017324
2011-11-18$14.97$0.0045.5%13.0%37.5%0.0%0.0%7.5%-0.3%4.3K-49.8K-1740.00103.14N/AN/A0017324
2011-11-21$14.55$0.0040.1%11.5%36.9%0.0%0.0%-2.7%3.1%571-21.5K-1640.00107.90N/AN/A004320
2011-11-22$15.01$0.0046.6%13.4%38.0%0.0%0.0%2.9%-1.8%617-26.3K-1640.00117.20N/AN/A004320
2011-11-23$14.72$0.0040.6%11.6%39.1%0.0%0.0%0.3%0.2%573-24.3K-1610.00114.05N/AN/A004320
2011-11-28$14.53$0.0032.7%9.4%38.3%0.0%0.0%15.8%8.4%608-20.2K-1520.00123.76N/AN/A904320
2011-11-29$14.93$0.0083.5%23.9%39.1%0.0%118.4%4.3%-73.7%891-29.3K-1810.00113.38N/AN/A105220
2011-11-30$15.39$15.0040.3%11.5%40.2%0.0%0.0%9.8%7.3%1.0K-37.5K-1810.00121.08N/AN/A1005320