BOX Options History — April 2019

In April 2019, BOX traded between $18.78 and $20.78. ATM implied volatility averaged 38.2%, placing in the 8.8% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 8.9% (HV 20d: 29.2%). Max pain ranged from $19.00 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.30.

Notable Days

  • 2019-04-22: Highest Volume — 40,386 contracts
  • 2019-04-22: Largest IV spike — 36.1% change
  • 2019-04-22: Highest IV Rank — 30.4%
  • 2019-04-22: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.81$18.78$20.78$19.47$20.62
Max Pain$19.48$19.00$20.00$19.00$19.00
ATM IV38.2%34.3%48.6%36.3%38.2%
Expected Move11.0%9.8%13.9%10.5%11.0%
HV 20d29.2%26.9%31.6%28.4%31.6%
HV 60d55.0%54.4%55.7%55.7%54.8%
IV Rank8.8%0.9%30.4%5.0%8.9%
IV Percentile14.5%0.4%57.9%2.4%15.5%
Term Structure5.4%-0.0%8.2%0.1%8.2%
VWIV38.0%34.6%49.4%35.9%38.3%
Skew 25d1.1%-4.8%3.5%1.2%0.2%
Skew 10d2.1%-7.7%7.5%3.3%6.5%
Call IV 25d37.9%34.0%52.1%35.5%38.2%
Put IV 25d39.0%35.7%47.2%36.7%38.4%
Bid-Ask Spread %14.559.4519.0616.4710.33
Gamma HHI0.170.100.260.140.26
Net GEX1.2M342.8K2.6M695.1K2.5M
Net DEX-25.6M-49.8M-7.8M-18.4M-43.8M
Net VEX-292.7K-331.4K-248.9K-289.3K-320.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.050.580.200.31
Total Volume5,336.57159740,3867563,406
Total OI84,354.1972,34197,32778,08297,327

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$19.47$19.0036.3%10.5%28.4%5.0%35.9%1.2%0.1%695.1K-18.4M-289.3K0.2016.47N/AN/A62912749,59428,488
2019-04-02$19.55$20.0034.8%10.2%27.7%1.8%35.6%3.5%-0.0%717.2K-18.5M-289.6K0.5014.23N/AN/A48224049,81428,518
2019-04-03$20.12$20.0035.3%10.4%28.2%2.8%35.4%1.0%5.5%909.2K-24.5M-296.0K0.3416.67N/AN/A2,39981849,94128,590
2019-04-04$19.48$20.0037.2%10.9%30.8%6.7%37.8%2.2%5.3%735.3K-18.7M-287.6K0.5117.82N/AN/A1,57880450,53228,658
2019-04-05$19.76$20.0035.4%10.2%31.1%3.0%35.6%1.9%6.3%842.5K-21.3M-291.6K0.4615.96N/AN/A1,00146450,94628,803
2019-04-08$19.49$20.0038.8%10.5%28.8%10.0%36.1%0.9%6.1%748.4K-18.3M-283.2K0.3714.31N/AN/A49218251,05428,825
2019-04-09$19.62$20.0037.3%10.6%27.6%7.0%36.5%1.8%6.8%788.6K-19.5M-285.3K0.1213.43N/AN/A4,45955451,19228,909
2019-04-10$19.79$20.0036.5%10.5%27.3%5.4%36.6%1.7%7.4%882.9K-21.7M-291.4K0.2113.71N/AN/A1,38028852,20729,202
2019-04-11$19.74$20.0036.0%10.3%27.1%4.2%36.1%1.9%6.8%874.0K-20.8M-288.9K0.4315.71N/AN/A1,12648752,37529,193
2019-04-12$19.68$19.0034.3%9.8%27.0%0.9%34.6%1.7%7.5%828.8K-19.4M-283.7K0.3816.25N/AN/A1,17945152,43129,261
2019-04-15$19.74$20.0034.9%10.0%26.9%2.1%35.1%2.1%7.9%845.3K-19.5M-279.1K0.3412.87N/AN/A44615152,12529,172
2019-04-16$19.30$20.0036.5%10.5%28.0%5.3%34.8%2.9%6.5%574.5K-14.6M-269.8K0.0515.44N/AN/A4,77822052,22329,223
2019-04-17$18.78$19.0037.4%10.7%29.2%7.3%37.5%1.1%5.8%349.9K-7.8M-249.2K0.1619.06N/AN/A3,90060951,70029,282
2019-04-18$18.82$19.0035.7%10.2%28.8%3.8%35.8%1.8%6.6%342.8K-7.9M-248.9K0.349.45N/AN/A5,3471,82753,65829,408
2019-04-22$19.76$19.0048.6%13.9%29.5%30.4%49.4%-4.8%0.4%720.8K-20.4M-275.3K0.0617.52N/AN/A38,2052,18145,86826,473
2019-04-23$20.31$19.0046.7%13.4%30.9%26.3%45.7%0.9%0.9%1.9M-40.5M-322.9K0.1615.73N/AN/A11,0271,73363,90027,885
2019-04-24$20.55$19.0041.3%11.8%31.0%15.3%41.2%0.3%4.7%2.3M-47.4M-331.4K0.2213.64N/AN/A4,28293667,23728,909
2019-04-25$20.21$19.0040.9%11.7%31.2%14.5%41.8%-1.3%5.7%2.2M-40.4M-319.7K0.2011.94N/AN/A3,66774867,10128,917
2019-04-26$20.49$19.0039.7%11.4%31.2%12.0%39.7%1.7%6.2%2.4M-45.0M-323.0K0.3013.59N/AN/A2,79882667,35229,002
2019-04-29$20.78$19.0039.6%11.3%31.4%11.7%39.1%0.7%7.8%2.6M-49.8M-319.6K0.5811.38N/AN/A3,7082,13367,01329,130
2019-04-30$20.62$19.0038.2%11.0%31.6%8.9%38.3%0.2%8.2%2.5M-43.8M-320.7K0.3110.33N/AN/A2,59281466,65430,673