BOX Options History — January 2019

In January 2019, BOX traded between $17.76 and $20.80. ATM implied volatility averaged 45.0%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded below realized volatility by 8.9% (HV 20d: 53.8%). Max pain ranged from $17.00 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.39.

Notable Days

  • 2019-01-02: Highest Volume — 13,081 contracts
  • 2019-01-22: Largest IV spike — 10.1% change
  • 2019-01-02: Highest IV Rank — 50.0%
  • 2019-01-02: Largest Expected Move — 16.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.38$17.76$20.80$18.38$20.80
Max Pain$17.71$17.00$20.00$20.00$20.00
ATM IV45.0%39.6%56.7%56.7%39.7%
Expected Move13.0%11.4%16.3%16.3%14.1%
HV 20d53.8%36.7%61.2%59.0%36.7%
HV 60d50.4%47.1%52.8%52.3%47.3%
IV Rank24.4%11.9%50.0%50.0%11.9%
IV Percentile43.7%19.8%84.5%84.5%19.8%
Term Structure6.1%-4.5%10.6%-2.6%-4.5%
VWIV45.1%38.3%57.5%57.5%49.0%
Skew 25d3.0%1.3%5.8%3.9%3.2%
Skew 10d5.9%0.7%16.5%8.0%8.4%
Call IV 25d44.0%36.5%55.1%55.1%48.1%
Put IV 25d47.0%39.8%59.0%59.0%51.4%
Bid-Ask Spread %14.479.5920.6610.4713.67
Gamma HHI0.130.090.160.090.16
Net GEX471.4K123.5K776.7K123.5K776.7K
Net DEX-12.7M-23.9M57.3K-700.3K-23.9M
Net VEX-185.7K-197.3K-172.8K-183.4K-193.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.100.750.100.22
Total Volume2,809.7141,19113,08113,0813,083
Total OI70,768.04846,59486,84977,93750,122

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$18.38$20.0056.7%16.3%59.0%50.0%57.5%3.9%-2.6%123.5K-700.3K-183.4K0.1010.47N/AN/A11,9141,16754,04323,894
2019-01-03$17.76$17.0054.1%15.4%58.5%44.8%52.9%1.7%2.8%253.5K57.3K-180.9K0.4712.90N/AN/A2,5851,20558,12924,222
2019-01-04$18.57$17.0049.8%14.1%60.7%36.4%50.7%2.4%5.3%325.2K-6.9M-193.1K0.3716.33N/AN/A3,2771,21258,80724,536
2019-01-07$19.22$17.0052.1%14.2%61.2%41.0%49.7%2.5%5.0%365.0K-13.8M-197.3K0.2716.97N/AN/A1,49239958,98724,899
2019-01-08$19.15$17.0049.2%13.7%60.6%34.8%48.1%1.7%6.3%360.2K-12.0M-195.0K0.5516.62N/AN/A1,35074158,91424,997
2019-01-09$19.30$17.0048.5%13.9%60.6%33.5%47.3%3.7%3.9%359.1K-13.0M-195.5K0.6717.58N/AN/A1,20180759,15425,190
2019-01-10$19.18$17.0046.9%13.4%60.5%28.9%46.6%3.2%5.6%352.7K-11.5M-192.1K0.3418.85N/AN/A1,35346659,14925,393
2019-01-11$18.98$17.0045.3%13.0%59.7%25.7%45.9%2.4%6.2%405.6K-9.8M-183.3K0.7515.24N/AN/A85163559,56425,403
2019-01-14$18.61$17.0045.1%12.9%58.1%25.1%45.9%2.3%6.9%434.4K-5.7M-172.8K0.7515.40N/AN/A76157059,70725,365
2019-01-15$19.36$17.0043.6%12.5%59.0%21.2%43.1%3.6%8.0%368.3K-13.4M-181.6K0.1016.73N/AN/A4,68344659,88225,222
2019-01-16$19.12$17.0042.9%12.3%57.3%19.7%41.9%1.3%6.9%513.9K-11.0M-177.6K0.4415.66N/AN/A1,08648061,60825,239
2019-01-17$19.55$18.0041.5%11.9%56.2%17.0%42.0%2.3%8.1%405.6K-15.9M-183.5K0.5720.66N/AN/A1,67995461,60225,215
2019-01-18$19.87$18.0039.6%11.4%56.2%13.2%40.5%2.1%9.5%517.0K-16.1M-184.5K0.3113.51N/AN/A2,83887961,66325,186
2019-01-22$19.38$18.0043.6%12.5%51.6%21.3%43.2%5.8%7.1%508.5K-12.3M-175.6K0.4212.77N/AN/A95840432,68913,905
2019-01-23$19.30$18.0043.1%12.4%47.7%18.9%41.7%3.0%7.8%515.8K-11.6M-175.6K0.6014.92N/AN/A74644533,28014,164
2019-01-24$19.81$18.0040.9%11.7%47.3%14.4%41.1%4.1%9.3%585.6K-15.5M-184.3K0.2911.34N/AN/A1,49842833,65114,376
2019-01-25$20.27$18.0039.8%11.4%44.3%12.1%38.3%3.3%8.5%668.1K-19.0M-189.6K0.3113.49N/AN/A1,52647734,41114,536
2019-01-28$20.24$18.0040.4%11.6%44.4%13.3%40.3%3.1%10.6%682.2K-18.7M-188.7K0.169.75N/AN/A1,24119534,89314,673
2019-01-29$19.82$18.0041.4%11.9%45.4%15.4%42.1%4.8%9.1%657.0K-16.3M-184.2K0.299.59N/AN/A1,05330434,92714,761
2019-01-30$20.28$18.0040.3%11.6%45.4%13.2%40.2%2.4%8.9%721.3K-19.5M-187.5K0.3111.50N/AN/A1,22938635,03614,735
2019-01-31$20.80$20.0039.7%14.1%36.7%11.9%49.0%3.2%-4.5%776.7K-23.9M-193.7K0.2213.67N/AN/A2,52156235,23414,888