BOX Options History — May 2019

In May 2019, BOX traded between $18.45 and $20.82. ATM implied volatility averaged 48.4%, placing in the 30.0% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 13.2% (HV 20d: 35.2%). Max pain ranged from $19.00 to $20.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.35.

Notable Days

  • 2019-05-17: Highest Volume — 15,876 contracts
  • 2019-05-13: Largest IV spike — 38.7% change
  • 2019-05-29: Highest IV Rank — 56.5%
  • 2019-05-29: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.71$18.45$20.82$20.30$18.45
Max Pain$19.86$19.00$20.00$19.00$20.00
ATM IV48.4%35.5%61.3%37.8%59.1%
Expected Move14.5%10.2%17.6%10.8%16.9%
HV 20d35.2%28.9%41.0%32.2%36.7%
HV 60d48.0%31.4%54.8%54.8%32.0%
IV Rank30.0%3.3%56.5%8.1%51.9%
IV Percentile57.0%2.8%93.3%12.7%90.9%
Term Structure-4.4%-9.3%9.4%9.1%-9.0%
VWIV51.2%36.3%61.7%38.0%58.4%
Skew 25d2.5%1.0%4.1%1.0%2.1%
Skew 10d5.0%-1.8%14.3%1.3%4.7%
Call IV 25d50.0%37.2%60.7%37.2%59.0%
Put IV 25d52.5%38.2%62.6%38.2%61.1%
Bid-Ask Spread %11.688.0515.2513.7810.56
Gamma HHI0.180.100.330.260.16
Net GEX871.0K-1.0M2.8M2.4M-268.9K
Net DEX-17.1M-44.5M5.0M-36.8M5.0M
Net VEX-288.6K-313.3K-255.5K-309.4K-276.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.350.187.060.201.77
Total Volume4,786.3181,21215,8763,1627,418
Total OI101,61193,959117,26397,227107,673

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$20.30$19.0037.8%10.8%32.2%8.1%38.0%1.0%9.1%2.4M-36.8M-309.4K0.2013.78N/AN/A2,62853466,34130,886
2019-05-02$20.30$19.0037.3%10.7%30.6%7.0%37.9%1.2%8.6%2.4M-35.7M-308.7K0.3113.43N/AN/A1,76555065,96431,157
2019-05-03$20.80$19.0035.5%10.2%29.2%3.3%36.3%1.9%9.4%2.7M-44.2M-313.3K0.2412.56N/AN/A2,85969565,54631,129
2019-05-06$20.82$20.0039.4%13.5%28.9%11.3%47.4%3.4%-4.5%2.8M-44.5M-306.1K0.229.80N/AN/A1,46431764,98930,944
2019-05-07$19.95$20.0042.5%14.4%32.6%17.7%49.0%3.8%-6.0%2.0M-26.4M-292.2K2.1515.25N/AN/A2,1594,64164,78731,096
2019-05-08$20.12$20.0041.4%14.0%32.7%15.5%48.7%4.1%-5.0%1.8M-27.1M-294.5K0.4813.93N/AN/A1,05049964,76134,737
2019-05-09$20.27$20.0044.3%14.1%32.6%21.4%49.3%3.9%-5.7%2.0M-29.1M-291.7K1.6113.03N/AN/A1,9583,15464,47934,129
2019-05-10$20.20$20.0038.5%14.3%32.7%9.4%54.6%2.0%-4.3%1.7M-25.8M-289.2K5.8313.38N/AN/A1,4248,29864,10636,187
2019-05-13$18.94$20.0053.4%15.4%40.1%40.2%54.5%1.4%-7.3%530.2K-3.2M-255.5K7.0611.45N/AN/A1,83612,95864,10636,187
2019-05-14$19.36$20.0046.6%14.7%41.0%26.1%51.1%2.5%-6.2%51.8K-2.3M-287.3K1.1610.20N/AN/A1,7852,07565,76449,780
2019-05-15$19.54$20.0049.9%14.3%40.3%32.9%50.2%3.1%-5.8%-54.9K-5.4M-286.9K0.4011.62N/AN/A95638166,34650,279
2019-05-16$19.97$20.0048.9%14.0%39.6%31.0%52.4%3.2%-5.3%-1.0M-13.3M-285.6K0.8010.83N/AN/A1,5461,23366,74050,279
2019-05-17$19.57$20.0049.8%14.3%40.4%32.7%49.4%3.9%-6.3%13.9K-3.0M-277.5K0.6712.92N/AN/A9,5226,35466,64650,617
2019-05-20$19.26$20.0051.7%14.8%36.8%36.8%52.8%1.5%-5.9%141.2K-7.5M-281.9K0.5110.86N/AN/A1,05153850,50743,452
2019-05-21$19.51$20.0051.6%14.8%35.7%36.6%52.1%1.6%-7.3%229.9K-10.4M-285.7K0.189.69N/AN/A1,32923750,91843,604
2019-05-22$19.74$20.0052.1%14.9%35.7%37.6%52.6%3.4%-6.8%387.2K-14.5M-289.1K0.288.42N/AN/A2,10259252,80443,620
2019-05-23$19.32$20.0055.3%15.8%36.0%44.0%55.9%1.5%-7.3%317.3K-11.1M-288.1K0.4212.93N/AN/A1,91579654,02543,759
2019-05-24$19.40$20.0054.1%15.5%35.6%41.7%55.9%3.0%-5.9%340.9K-11.1M-288.2K0.5810.52N/AN/A76744554,29943,807
2019-05-28$19.40$20.0059.1%16.9%35.0%52.0%60.1%2.0%-9.3%347.6K-12.1M-283.5K0.6713.37N/AN/A1,7361,15554,40843,986
2019-05-29$19.20$20.0061.3%17.6%35.1%56.5%61.7%1.9%-9.3%263.3K-9.1M-283.0K0.3910.50N/AN/A1,82571355,22544,521
2019-05-30$19.13$20.0056.1%16.1%34.8%45.7%57.7%2.3%-5.8%261.8K-8.4M-274.6K3.758.05N/AN/A2,1137,92656,03144,821
2019-05-31$18.45$20.0059.1%16.9%36.7%51.9%58.4%2.1%-9.0%-268.9K5.0M-276.4K1.7710.56N/AN/A2,6784,74056,70150,972