BOX Options History — April 2012

In April 2012, BOX traded between $16.34 and $18.55. ATM implied volatility averaged 30.0%, placing in the 9.1% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded below realized volatility by 2.9% (HV 20d: 32.9%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-04-25: Highest Volume — 27 contracts
  • 2012-04-30: Largest IV drop — 41.1% change
  • 2012-04-03: Highest IV Rank — 15.5%
  • 2012-04-03: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.30$16.34$18.55$17.91$18.55
Max Pain$18.00$17.50$20.00$20.00$17.50
ATM IV30.0%21.5%37.3%37.0%21.5%
Expected Move8.4%6.0%10.7%10.6%6.2%
HV 20d32.9%30.0%35.8%34.0%32.9%
HV 60d26.8%24.8%28.2%24.8%28.2%
IV Rank9.1%1.7%15.5%15.2%1.7%
IV Percentile21.6%1.4%45.2%42.6%1.4%
Term Structure-0.4%-14.8%8.4%-2.3%2.3%
VWIV26.3%21.4%30.8%29.0%21.4%
Skew 25d5.4%-4.0%25.8%25.8%4.6%
Skew 10d10.6%-1.0%47.1%47.1%8.9%
Call IV 25d27.1%18.8%35.6%32.4%18.8%
Put IV 25d32.5%23.1%58.2%58.2%23.3%
Bid-Ask Spread %103.9755.04129.91129.9196.32
Gamma HHI0.970.940.990.940.94
Net GEX22.6K16.9K27.5K19.6K22.5K
Net DEX-275.5K-536.4K-128.0K-333.6K-536.4K
Net VEX-893-1.0K-590-1.0K-590
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.7502705
Total OI418.85408431414428

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-04-02$17.91$20.0037.0%10.6%34.0%15.2%0.0%25.8%-2.3%19.6K-333.6K-1.0K0.00129.91N/AN/A0035559
2012-04-03$17.43$20.0037.3%10.7%34.0%15.5%0.0%12.7%-14.8%21.8K-322.4K-1.0K0.00127.52N/AN/A0035559
2012-04-04$17.10$20.0025.3%7.2%34.6%5.0%0.0%0.8%1.0%19.2K-243.5K-1.0K0.00113.80N/AN/A0035559
2012-04-05$17.12$20.0030.6%8.8%34.6%9.7%0.0%2.4%-0.6%18.8K-247.6K-1.0K0.00112.60N/AN/A5035559
2012-04-09$16.98$17.5023.6%8.2%33.8%3.6%0.0%-4.0%0.3%20.1K-218.6K-9740.00102.11N/AN/A1036059
2012-04-10$16.34$17.5031.1%7.6%34.7%10.1%0.0%1.1%3.7%21.5K-206.5K-9540.00116.73N/AN/A0036159
2012-04-11$16.45$17.5032.7%6.0%34.6%11.5%0.0%20.3%8.4%16.9K-128.0K-8350.00106.66N/AN/A0036159
2012-04-12$16.91$17.5025.4%7.3%35.8%5.1%0.0%-2.1%1.9%22.2K-172.5K-8830.0055.04N/AN/A0036159
2012-04-13$16.86$17.5030.2%8.6%35.7%9.3%0.0%-1.0%-1.0%19.5K-212.9K-9410.00108.23N/AN/A0036159
2012-04-16$17.01$17.5026.0%7.5%35.2%5.7%0.0%1.8%3.5%24.0K-206.9K-8870.00102.36N/AN/A0036159
2012-04-17$17.43$17.5029.0%8.3%30.8%8.3%29.0%2.9%0.8%23.8K-291.0K-9320.00100.27N/AN/A2036159
2012-04-18$17.14$17.5026.9%7.7%31.3%6.5%27.2%1.1%2.8%25.3K-252.1K-8930.00104.36N/AN/A1036159
2012-04-19$17.14$17.5029.0%8.3%30.0%8.3%0.0%-0.2%0.4%23.4K-233.1K-8790.00100.64N/AN/A0036159
2012-04-20$17.51$17.5029.1%8.3%31.0%8.4%0.0%3.3%-0.3%25.1K-309.5K-8820.00118.25N/AN/A0036159
2012-04-23$17.40$17.5030.7%8.8%31.0%9.7%25.0%2.7%-0.3%25.1K-275.9K-8450.0082.43N/AN/A0134959
2012-04-24$17.52$17.5035.0%10.0%30.9%13.5%0.0%-0.6%-6.6%24.7K-278.4K-8220.0096.06N/AN/A24034959
2012-04-25$17.60$17.5031.5%9.0%30.9%10.4%30.8%10.5%-3.0%27.5K-314.1K-8440.0099.03N/AN/A27035959
2012-04-26$17.50$17.5031.8%9.1%30.0%10.7%0.0%2.4%-4.4%26.8K-303.9K-8480.00103.93N/AN/A8037259
2012-04-27$18.14$17.5036.5%10.5%32.2%14.7%24.3%24.4%0.7%23.4K-423.4K-7720.00103.14N/AN/A1037059
2012-04-30$18.55$17.5021.5%6.2%32.9%1.7%21.4%4.6%2.3%22.5K-536.4K-5900.0096.32N/AN/A5036959