BOX Options History — July 2018

In July 2018, BOX traded between $23.83 and $27.38. ATM implied volatility averaged 46.2%, placing in the 42.5% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 4.0% (HV 20d: 42.3%). Max pain ranged from $25.00 to $27.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.46.

Notable Days

  • 2018-07-17: Highest Volume — 22,631 contracts
  • 2018-07-30: Largest IV spike — 12.6% change
  • 2018-07-03: Highest IV Rank — 54.6%
  • 2018-07-03: Largest Expected Move — 14.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.99$23.83$27.38$25.38$24.00
Max Pain$26.00$25.00$27.00$27.00$25.00
ATM IV46.2%41.4%51.3%50.4%48.4%
Expected Move13.4%11.9%14.7%14.5%13.9%
HV 20d42.3%27.0%48.5%48.2%38.5%
HV 60d44.5%41.4%46.5%46.2%44.3%
IV Rank42.5%31.2%54.6%52.4%47.6%
IV Percentile74.9%56.3%87.3%86.5%82.1%
Term Structure3.6%0.5%5.6%2.7%2.8%
VWIV47.1%42.3%52.3%51.7%47.0%
Skew 25d-0.2%-1.7%1.7%-0.5%0.7%
Skew 10d-1.3%-6.3%4.3%-2.2%-1.6%
Call IV 25d47.8%42.5%53.0%52.6%47.4%
Put IV 25d47.6%43.5%52.9%52.1%48.1%
Bid-Ask Spread %15.249.1318.9113.3411.11
Gamma HHI0.130.090.180.120.09
Net GEX2.4M950.3K3.8M2.0M1.1M
Net DEX-58.5M-93.5M-19.0M-50.6M-21.4M
Net VEX-535.4K-604.2K-441.3K-601.2K-444.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.200.990.460.40
Total Volume9,274.195,91322,6318,62110,094
Total OI143,832.19110,266163,274154,924119,327

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$25.38$27.0050.4%14.5%48.2%52.4%51.7%-0.5%2.7%2.0M-50.6M-601.2K0.4613.34N/AN/A5,8902,731108,69246,232
2018-07-03$25.31$26.0051.3%14.7%47.6%54.6%52.3%0.4%0.5%2.1M-53.3M-604.2K0.5518.91N/AN/A3,9612,175109,26646,347
2018-07-05$25.82$26.0050.6%14.6%48.2%52.7%52.2%-0.1%4.1%2.4M-60.4M-598.5K0.4314.42N/AN/A4,6882,027109,82846,549
2018-07-06$26.05$26.0047.9%14.4%47.6%46.4%50.3%0.5%4.0%2.5M-65.0M-598.3K0.2414.66N/AN/A9,8062,360110,44146,892
2018-07-09$26.58$26.0046.9%14.0%48.1%44.3%48.8%-0.4%3.4%3.1M-77.3M-593.4K0.3915.68N/AN/A7,0142,742111,57146,999
2018-07-10$26.16$26.0044.6%13.5%48.5%38.8%47.4%-1.0%4.3%2.9M-65.4M-570.2K0.4716.07N/AN/A4,6222,176111,45647,002
2018-07-11$26.24$26.0047.7%13.7%48.3%46.0%47.2%-0.9%3.5%2.8M-64.6M-563.2K0.5116.76N/AN/A4,2262,137111,75746,883
2018-07-12$26.65$26.0046.0%13.2%48.5%42.1%46.2%0.1%2.5%3.3M-76.5M-563.3K0.4315.33N/AN/A6,3692,726111,79847,004
2018-07-13$26.27$26.0045.9%13.2%48.3%41.7%46.0%-0.3%2.8%2.8M-60.3M-539.8K0.6614.76N/AN/A4,0162,638110,94747,330
2018-07-16$26.38$26.0045.0%12.9%48.3%39.7%45.4%-0.9%3.5%3.0M-61.9M-528.3K0.8518.49N/AN/A3,5803,040110,98847,347
2018-07-17$27.38$26.0047.5%13.6%43.5%45.6%48.2%-0.9%3.1%3.8M-93.5M-543.0K0.2010.60N/AN/A18,8273,804111,08547,410
2018-07-18$26.85$26.0046.2%13.2%43.4%42.5%47.4%-0.5%4.0%3.6M-77.2M-535.1K0.4316.69N/AN/A6,0992,645112,54647,831
2018-07-19$26.42$26.0045.8%13.1%40.8%41.5%46.6%-1.7%3.5%3.3M-62.3M-522.1K0.9917.18N/AN/A4,9864,931112,96848,206
2018-07-20$26.13$26.0045.0%12.9%37.1%39.7%46.0%-1.5%2.6%2.5M-52.3M-505.3K0.4617.90N/AN/A7,9423,654113,24650,028
2018-07-23$26.66$26.0042.1%12.1%36.7%33.0%43.2%-0.0%5.5%1.7M-62.3M-509.0K0.3514.73N/AN/A7,2022,51673,43236,834
2018-07-24$25.89$26.0042.8%12.3%32.2%34.5%43.4%-0.2%4.5%1.5M-51.3M-499.1K0.4614.05N/AN/A5,8462,68075,63737,110
2018-07-25$26.43$26.0042.8%12.3%32.4%34.6%42.3%1.0%5.3%1.7M-59.0M-506.3K0.3416.77N/AN/A4,5521,54476,14037,715
2018-07-26$26.51$26.0041.4%11.9%27.0%31.2%42.5%0.8%5.6%1.8M-60.8M-505.9K0.4415.80N/AN/A4,1121,80176,25037,689
2018-07-27$24.93$26.0043.4%12.4%35.4%35.9%44.4%0.0%5.1%1.2M-33.4M-471.7K0.259.13N/AN/A9,0282,23576,43338,058
2018-07-30$23.83$26.0048.8%14.0%38.8%48.7%50.4%1.7%3.1%950.3K-19.0M-441.3K0.3517.68N/AN/A8,4032,93378,59038,612
2018-07-31$24.00$25.0048.4%13.9%38.5%47.6%47.0%0.7%2.8%1.1M-21.4M-444.2K0.4011.11N/AN/A7,2362,85880,20739,120