BOX Options History — February 2019

In February 2019, BOX traded between $20.15 and $24.84. ATM implied volatility averaged 51.1%, placing in the 35.5% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded above realized volatility by 8.7% (HV 20d: 42.4%). Max pain ranged from $20.00 to $23.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.45.

Notable Days

  • 2019-02-28: Highest Volume — 46,642 contracts
  • 2019-02-28: Largest IV drop — 29.4% change
  • 2019-02-27: Highest IV Rank — 68.7%
  • 2019-02-27: Largest Expected Move — 19.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.54$20.15$24.84$21.19$20.15
Max Pain$20.68$20.00$23.00$20.00$23.00
ATM IV51.1%38.3%67.2%38.3%47.4%
Expected Move15.1%13.6%19.3%14.3%13.6%
HV 20d42.4%30.9%86.5%33.6%86.5%
HV 60d48.7%45.5%63.1%47.3%63.1%
IV Rank35.5%9.0%68.7%9.0%27.9%
IV Percentile65.6%11.1%96.8%11.1%53.2%
Term Structure-7.4%-17.5%-2.8%-5.3%-2.8%
VWIV52.6%48.1%66.7%48.7%48.1%
Skew 25d2.4%0.3%3.9%2.5%0.3%
Skew 10d5.3%0.2%9.1%8.6%9.1%
Call IV 25d51.5%47.7%64.8%47.7%49.0%
Put IV 25d53.9%49.3%68.0%50.2%49.3%
Bid-Ask Spread %13.098.9220.1613.9220.16
Gamma HHI0.150.100.210.160.10
Net GEX1.0M548.5K1.4M807.2K548.5K
Net DEX-46.3M-64.1M-5.3M-26.7M-5.3M
Net VEX-224.0K-248.3K-189.2K-190.4K-203.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.110.890.340.68
Total Volume7,798.1581,85746,6421,85746,642
Total OI59,04249,62774,06949,62774,069

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$21.19$20.0038.3%14.3%33.6%9.0%48.7%2.5%-5.3%807.2K-26.7M-190.4K0.3413.92N/AN/A1,38147634,73214,895
2019-02-04$21.51$20.0038.6%14.0%30.9%9.8%49.7%2.1%-4.7%836.0K-30.6M-189.2K0.2312.80N/AN/A1,97545035,04114,964
2019-02-05$23.55$20.0042.5%14.8%41.9%17.7%51.9%3.6%-6.7%653.5K-46.1M-201.0K0.1515.23N/AN/A15,5492,30534,91415,093
2019-02-06$23.30$20.0051.3%14.7%42.3%35.9%51.0%2.8%-5.9%1.0M-47.2M-217.6K0.4514.01N/AN/A3,0741,37540,96516,338
2019-02-07$22.80$20.0051.4%14.7%43.8%36.0%51.4%2.6%-4.8%959.2K-41.8M-216.0K0.3813.55N/AN/A2,7511,05441,14016,781
2019-02-08$23.51$20.0051.7%14.8%44.1%36.6%51.6%2.4%-6.2%1.1M-49.6M-220.3K0.2511.22N/AN/A3,69190541,92816,834
2019-02-11$23.45$20.0051.9%14.9%43.7%37.2%51.5%2.9%-6.2%1.2M-50.7M-220.8K0.6414.54N/AN/A1,37587844,14016,891
2019-02-12$24.13$20.0050.4%14.5%42.6%34.1%50.7%1.3%-5.1%1.4M-58.2M-222.6K0.3813.03N/AN/A5,8032,20844,30717,482
2019-02-13$24.14$20.0051.2%14.7%41.6%35.7%51.6%2.1%-6.6%1.2M-56.8M-231.6K0.6914.34N/AN/A3,4552,39243,91318,040
2019-02-14$24.29$20.0051.4%14.7%40.7%36.0%52.0%3.4%-4.8%1.2M-58.5M-235.3K0.4312.20N/AN/A5,2032,22444,74318,160
2019-02-15$24.49$21.0050.2%14.4%40.6%33.7%50.1%3.0%-6.3%1.0M-64.1M-241.5K0.898.92N/AN/A2,3212,06247,23818,347
2019-02-19$24.47$21.0051.2%14.7%40.8%35.7%51.4%0.7%-6.9%1.1M-49.6M-234.6K0.2812.45N/AN/A2,04458139,48416,045
2019-02-20$24.19$21.0052.6%15.1%39.5%38.6%52.3%2.0%-7.3%1.1M-47.0M-235.1K0.3512.19N/AN/A2,09172340,30516,407
2019-02-21$24.26$21.0052.8%15.1%39.2%38.9%51.7%3.9%-8.8%1.1M-46.9M-236.0K0.6114.88N/AN/A2,0401,24740,49816,774
2019-02-22$24.47$21.0053.3%15.3%38.8%40.0%52.3%1.5%-8.5%1.1M-49.2M-240.1K0.5410.71N/AN/A1,74094540,99617,413
2019-02-25$24.24$21.0057.0%16.3%39.1%47.7%56.6%3.0%-11.8%1.1M-47.2M-233.9K0.8812.65N/AN/A2,1211,87441,12217,433
2019-02-26$24.30$22.0060.4%17.3%39.0%54.6%59.8%2.3%-14.0%1.1M-47.2M-238.5K0.1112.74N/AN/A6,02065142,04018,477
2019-02-27$24.84$22.0067.2%19.3%37.6%68.7%66.7%3.3%-17.5%1.2M-57.0M-248.3K0.299.10N/AN/A12,8643,67545,25018,599
2019-02-28$20.15$23.0047.4%13.6%86.5%27.9%48.1%0.3%-2.8%548.5K-5.3M-203.7K0.6820.16N/AN/A27,72918,91353,09520,974