BOX Options History — October 2018

In October 2018, BOX traded between $16.97 and $22.54. ATM implied volatility averaged 51.0%, placing in the 53.1% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded above realized volatility by 7.7% (HV 20d: 43.3%). Max pain ranged from $19.00 to $24.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 0.80.

Notable Days

  • 2018-10-10: Highest Volume — 13,488 contracts
  • 2018-10-31: Largest IV drop — 8.8% change
  • 2018-10-30: Highest IV Rank — 89.6%
  • 2018-10-30: Largest Expected Move — 19.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.37$16.97$22.54$22.54$18.01
Max Pain$20.39$19.00$24.00$24.00$19.00
ATM IV51.0%39.5%66.5%40.0%60.7%
Expected Move14.6%11.3%19.1%11.5%17.4%
HV 20d43.3%36.1%54.7%37.3%54.7%
HV 60d44.7%42.3%47.4%42.3%47.4%
IV Rank53.1%26.1%89.6%27.3%75.4%
IV Percentile78.4%42.5%99.2%46.0%96.4%
Term Structure1.6%-2.0%5.5%-0.9%3.0%
VWIV51.4%40.5%67.9%41.0%58.7%
Skew 25d-0.4%-3.5%1.4%-1.7%0.3%
Skew 10d-1.3%-6.7%4.3%-2.8%2.5%
Call IV 25d52.2%40.8%70.4%41.4%61.7%
Put IV 25d51.8%38.9%68.2%39.8%62.0%
Bid-Ask Spread %17.238.5929.299.0516.11
Gamma HHI0.110.090.160.090.11
Net GEX283.1K-42.8K619.7K408.1K353.2K
Net DEX19.3M-3.6M32.6M-3.6M17.8M
Net VEX-333.3K-416.3K-262.5K-416.3K-291.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.211.480.630.96
Total Volume6,681.0873,65213,4888,0123,686
Total OI123,502.217113,024138,868114,883115,950

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$22.54$24.0040.0%11.5%37.3%27.3%41.0%-1.7%-0.9%408.1K-3.6M-416.3K0.639.05N/AN/A4,9163,09671,23543,648
2018-10-02$22.02$24.0039.5%11.3%37.9%26.1%40.5%-3.5%-0.3%261.6K4.3M-403.5K0.408.59N/AN/A6,0382,41772,59944,928
2018-10-03$22.34$24.0039.8%11.4%36.1%26.8%40.9%-1.8%-1.2%375.1K-458.3K-415.8K0.5011.49N/AN/A3,5551,78973,91845,402
2018-10-04$21.12$23.0042.3%11.9%38.0%32.7%42.2%-0.7%5.5%72.1K15.4M-379.4K0.5116.36N/AN/A4,7112,39573,63045,757
2018-10-05$20.89$23.0043.4%12.5%37.8%35.3%43.6%-1.1%4.0%104.3K17.5M-373.7K1.4818.46N/AN/A3,9425,83075,76946,340
2018-10-08$19.97$22.0046.9%12.8%39.6%43.6%45.6%-0.4%4.0%-42.8K29.1M-335.3K0.5015.26N/AN/A6,7283,39376,89146,940
2018-10-09$19.69$22.0047.7%13.1%37.9%45.5%46.1%-0.5%2.7%8.5K29.0M-334.3K0.6813.87N/AN/A3,7532,55379,15847,657
2018-10-10$19.05$22.0050.1%14.4%38.6%51.2%50.0%-1.4%1.9%47.3K30.7M-322.9K0.6415.84N/AN/A8,2165,27280,88347,118
2018-10-11$18.92$19.0051.0%14.6%38.5%53.3%51.2%0.9%2.1%142.4K29.3M-321.0K0.7217.32N/AN/A4,1502,99083,02547,215
2018-10-12$19.18$19.0049.6%14.2%39.4%50.0%52.3%0.9%3.5%145.7K28.3M-329.2K0.2129.29N/AN/A10,5592,25183,73347,824
2018-10-15$19.19$19.0050.2%14.4%37.7%51.4%51.7%-0.3%2.5%466.9K22.9M-348.5K0.6918.83N/AN/A2,4821,72590,74948,119
2018-10-16$20.10$19.0049.3%14.1%41.8%49.1%49.3%-1.0%3.0%619.7K11.3M-375.3K0.5520.39N/AN/A3,3541,85190,95747,701
2018-10-17$19.84$19.0047.7%13.7%41.5%45.4%49.0%0.8%2.9%617.6K15.7M-362.7K1.1620.56N/AN/A1,9832,29591,05747,711
2018-10-18$19.01$19.0049.7%14.2%42.0%50.2%49.5%-0.9%3.4%495.1K22.8M-333.3K0.9518.01N/AN/A2,1672,05391,23446,175
2018-10-19$18.08$19.0050.1%14.4%44.1%51.2%50.8%-0.4%3.4%275.0K32.6M-291.2K1.3610.54N/AN/A2,1302,88891,45546,113
2018-10-22$18.84$19.0051.8%14.8%47.7%54.5%51.1%0.1%1.0%400.3K15.9M-314.1K0.9717.41N/AN/A2,6632,58672,52140,503
2018-10-23$18.53$19.0054.7%15.7%47.2%61.4%55.4%0.6%1.4%381.5K16.3M-310.2K1.1121.81N/AN/A2,0202,24372,99040,192
2018-10-24$17.65$19.0057.6%16.5%48.6%68.6%57.6%-0.9%0.2%244.5K24.1M-277.0K1.2116.45N/AN/A1,6561,99673,48540,459
2018-10-25$18.43$19.0058.8%16.9%52.8%71.4%59.2%1.2%-0.4%377.3K17.0M-308.8K0.7218.57N/AN/A3,5262,53873,76740,597
2018-10-26$17.69$19.0061.9%17.7%52.8%78.7%62.5%0.6%-1.5%296.4K21.6M-285.0K0.3222.64N/AN/A7,6452,44774,65640,553
2018-10-29$16.97$19.0063.9%18.3%51.3%83.5%67.9%-2.2%-2.0%209.3K24.9M-262.5K0.9223.44N/AN/A2,8402,61873,72440,646
2018-10-30$17.43$19.0066.5%19.1%53.1%89.6%66.1%1.4%-0.4%252.2K22.8M-273.6K1.1715.93N/AN/A1,7152,00474,86740,700
2018-10-31$18.01$19.0060.7%17.4%54.7%75.4%58.7%0.3%3.0%353.2K17.8M-291.5K0.9616.11N/AN/A1,8781,80875,19340,757