BOX Options History — December 2018

In December 2018, BOX traded between $15.92 and $19.36. ATM implied volatility averaged 51.7%, placing in the 40.7% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded above realized volatility by 4.1% (HV 20d: 47.6%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.91.

Notable Days

  • 2018-12-26: Highest Volume — 5,308 contracts
  • 2018-12-04: Largest IV spike — 15.8% change
  • 2018-12-24: Highest IV Rank — 56.3%
  • 2018-12-24: Largest Expected Move — 17.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.85$15.92$19.36$19.11$16.91
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV51.7%42.0%59.8%42.0%54.0%
Expected Move14.6%12.0%17.2%12.0%15.5%
HV 20d47.6%42.4%53.4%45.0%50.2%
HV 60d47.8%45.7%50.5%45.7%49.2%
IV Rank40.7%22.2%56.3%22.2%45.0%
IV Percentile73.3%42.9%92.5%42.9%77.8%
Term Structure0.4%-4.8%3.5%1.0%-2.5%
VWIV50.5%43.0%60.9%43.0%54.5%
Skew 25d3.1%-0.1%5.9%-0.1%4.6%
Skew 10d4.2%-17.7%10.7%3.3%8.5%
Call IV 25d50.1%42.8%58.7%42.8%52.4%
Put IV 25d53.1%42.7%62.7%42.7%57.0%
Bid-Ask Spread %13.286.3521.126.3511.51
Gamma HHI0.170.090.490.140.09
Net GEX32.4K-851.1K519.5K392.9K39.4K
Net DEX11.0M-3.3M31.4M2.6M9.3M
Net VEX-204.4K-257.1K-153.8K-257.1K-157.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.221.860.420.22
Total Volume3,029.951,6255,3084,3351,991
Total OI108,471.4577,693121,111121,11178,278

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$19.11$20.0042.0%12.0%45.0%22.2%43.0%-0.1%1.0%392.9K2.6M-257.1K0.426.35N/AN/A3,0491,28677,97643,135
2018-12-04$18.34$20.0048.7%14.0%47.3%35.0%46.8%2.5%-3.2%101.9K13.1M-237.3K0.7011.24N/AN/A2,0551,42977,80842,915
2018-12-05$18.35$20.0048.5%13.9%46.4%34.6%48.8%0.9%-3.0%102.1K13.0M-234.6K0.7019.03N/AN/A2,0661,43777,80842,915
2018-12-06$18.86$20.0050.4%13.4%46.1%38.3%47.6%3.7%2.2%276.7K4.2M-247.1K0.6012.09N/AN/A1,16970177,59841,183
2018-12-07$18.44$20.0050.1%13.9%46.5%37.7%45.7%1.1%1.7%133.6K8.9M-235.8K1.5916.57N/AN/A8551,35777,31741,120
2018-12-10$18.60$20.0055.2%14.1%46.0%47.6%49.9%1.4%2.4%190.3K6.7M-233.4K1.2011.62N/AN/A74088577,31441,195
2018-12-11$18.82$20.0049.7%13.5%43.9%37.0%47.4%2.5%2.8%282.0K3.7M-231.4K0.6010.71N/AN/A1,54793077,31241,147
2018-12-12$19.36$20.0047.2%13.5%44.8%32.1%47.4%2.7%2.2%519.5K-3.3M-236.9K0.9510.97N/AN/A1,5331,45776,88441,034
2018-12-13$18.54$20.0046.3%13.3%47.8%30.4%45.0%0.9%2.7%129.6K8.2M-218.3K0.5811.88N/AN/A2,0361,19176,98941,204
2018-12-14$18.12$20.0048.6%13.9%48.5%34.8%46.1%3.3%3.5%-61.7K12.3M-214.4K1.468.45N/AN/A1,1071,61777,33240,972
2018-12-17$17.44$20.0050.7%14.5%50.4%38.8%49.1%2.5%2.1%-432.4K21.1M-192.6K0.8713.21N/AN/A1,4131,23377,45541,236
2018-12-18$18.14$20.0049.2%14.1%44.0%35.7%48.1%3.9%3.0%-91.1K12.4M-200.9K0.8313.84N/AN/A96880277,46140,311
2018-12-19$18.01$20.0049.8%14.3%42.4%36.8%48.7%2.4%2.8%-140.9K13.3M-196.4K0.5421.12N/AN/A1,65389177,62240,216
2018-12-20$16.91$20.0055.0%15.8%46.6%47.0%54.4%5.1%0.6%-851.1K25.6M-179.3K1.3515.41N/AN/A2,1162,84977,75640,176
2018-12-21$16.13$20.0055.4%15.9%49.4%47.8%52.6%5.9%2.0%-20.3K31.4M-156.7K1.8616.77N/AN/A1,7583,26378,08838,471
2018-12-24$15.92$20.0059.8%17.2%49.1%56.3%58.7%4.1%-4.5%-26.3K13.5M-153.8K1.0211.76N/AN/A1,3341,36253,34424,349
2018-12-26$16.86$20.0058.9%16.9%53.4%54.5%60.9%4.3%-3.0%11.3K9.1M-166.1K1.2118.81N/AN/A2,3982,91053,47424,226
2018-12-27$17.11$20.0059.7%17.1%51.9%56.1%59.3%4.8%-4.8%52.2K7.4M-171.0K0.8012.67N/AN/A1,3191,05353,94923,927
2018-12-28$17.02$20.0054.6%15.7%51.8%46.1%55.3%4.8%0.5%39.9K8.1M-167.3K0.7211.62N/AN/A1,6531,18654,04023,892
2018-12-31$16.91$20.0054.0%15.5%50.2%45.0%54.5%4.6%-2.5%39.4K9.3M-157.7K0.2211.51N/AN/A1,63635554,28423,994