BOX Options History — February 2018

In February 2018, BOX traded between $19.95 and $24.14. ATM implied volatility averaged 50.2%, placing in the 62.8% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 16.5% (HV 20d: 33.7%). Max pain ranged from $19.00 to $22.00. Net GEX was positive for 10 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 1.05.

Notable Days

  • 2018-02-28: Highest Volume — 13,753 contracts
  • 2018-02-05: Largest IV spike — 27.9% change
  • 2018-02-28: Highest IV Rank — 99.7%
  • 2018-02-28: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.92$19.95$24.14$22.35$24.14
Max Pain$19.58$19.00$22.00$19.00$22.00
ATM IV50.2%34.6%64.6%34.6%64.6%
Expected Move14.7%12.2%18.5%12.2%18.5%
HV 20d33.7%30.1%37.1%32.2%35.8%
HV 60d35.0%32.7%36.7%32.7%33.9%
IV Rank62.8%22.8%99.7%22.8%99.7%
IV Percentile93.1%64.7%99.6%64.7%99.6%
Term Structure-9.3%-19.6%-2.4%-3.7%-19.6%
VWIV51.3%40.6%66.2%40.6%66.2%
Skew 25d3.8%1.2%6.3%1.7%5.1%
Skew 10d9.6%2.6%18.6%4.0%9.0%
Call IV 25d49.7%41.1%63.8%41.1%63.8%
Put IV 25d53.5%42.8%68.9%42.8%68.9%
Bid-Ask Spread %29.2614.5271.5215.6841.29
Gamma HHI0.290.130.670.180.13
Net GEX-27.0K-730.2K388.1K147.2K229.7K
Net DEX-8.7M-21.3M3.9M-9.7M-21.3M
Net VEX-85.7K-103.3K-78.7K-87.9K-103.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.294.410.621.92
Total Volume4,193.8422,02013,7532,02013,753
Total OI26,708.52620,18932,45224,05632,452

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$22.35$19.0034.6%12.2%32.2%22.8%40.6%1.7%-3.7%147.2K-9.7M-87.9K0.6215.68N/AN/A1,24877213,65910,397
2018-02-02$21.81$19.0035.5%12.2%31.8%25.3%42.3%2.4%-2.4%71.0K-7.3M-87.0K0.5219.69N/AN/A1,85797113,71810,412
2018-02-05$20.81$19.0045.4%13.4%33.0%50.7%47.3%2.5%-5.0%-40.1K-2.6M-83.6K0.9443.39N/AN/A1,1681,09513,55410,582
2018-02-06$20.81$19.0047.7%14.5%32.9%56.4%50.7%4.5%-7.0%-55.0K-1.9M-84.2K4.4127.26N/AN/A1,5316,74513,77610,743
2018-02-07$20.68$19.0048.5%13.9%31.7%58.6%48.6%3.2%-5.1%-418.9K-403.1K-86.9K1.0021.48N/AN/A1,0651,06814,06614,150
2018-02-08$19.95$19.0050.4%14.5%33.7%63.4%50.5%2.1%-7.6%-432.2K3.9M-83.5K0.7929.50N/AN/A1,5091,18914,12214,137
2018-02-09$20.29$19.0055.0%15.8%30.1%75.2%54.3%4.0%-10.5%-473.9K2.2M-85.2K1.2042.36N/AN/A1,5041,80914,17614,149
2018-02-12$20.47$19.0053.8%15.4%30.2%72.0%54.0%5.5%-10.0%-580.7K1.0M-83.0K1.2225.19N/AN/A1,5041,82814,41514,334
2018-02-13$20.39$19.0049.5%14.2%30.2%61.1%49.8%4.6%-6.2%-730.2K1.7M-81.9K1.1021.08N/AN/A1,5081,65514,61314,500
2018-02-14$21.25$19.0047.5%13.6%34.0%55.9%46.3%2.9%-7.1%-118.2K-5.5M-80.5K0.6517.65N/AN/A1,47295714,72914,469
2018-02-15$22.16$19.0048.2%13.8%37.1%57.7%48.0%4.0%-8.3%-137.6K-11.2M-80.6K0.5014.52N/AN/A1,91696614,87514,493
2018-02-16$22.11$19.0048.1%13.8%35.1%57.4%48.0%4.1%-8.7%216.5K-13.0M-79.3K0.3715.68N/AN/A1,95172115,19714,576
2018-02-20$22.58$19.0049.4%14.2%36.0%60.8%49.3%4.1%-8.7%253.7K-12.6M-78.7K0.6317.19N/AN/A1,6081,01712,4377,752
2018-02-21$22.75$20.0051.7%14.8%35.5%66.7%50.2%1.2%-12.2%262.8K-13.3M-80.6K0.2971.52N/AN/A3,34997113,0248,124
2018-02-22$22.66$20.0051.7%14.8%34.4%66.6%52.1%4.1%-10.3%385.0K-15.6M-84.9K0.7117.06N/AN/A1,38998115,1578,371
2018-02-23$23.27$20.0054.1%15.5%35.2%72.7%55.1%6.1%-12.9%388.1K-18.0M-86.6K1.5046.66N/AN/A2,0323,04415,4538,682
2018-02-26$23.88$21.0058.9%16.9%36.2%85.1%62.0%6.3%-15.2%287.7K-20.0M-89.6K1.3148.07N/AN/A3,7094,85815,90510,748
2018-02-27$24.05$22.0059.2%17.0%35.8%85.8%59.0%2.9%-15.7%232.9K-21.0M-100.9K0.3520.68N/AN/A3,6641,29917,93313,582
2018-02-28$24.14$22.0064.6%18.5%35.8%99.7%66.2%5.1%-19.6%229.7K-21.3M-103.3K1.9241.29N/AN/A4,7149,03918,45313,999