BOX Options History — July 2019

In July 2019, BOX traded between $16.45 and $17.60. ATM implied volatility averaged 32.4%, placing in the 4.3% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 13.6% (HV 20d: 18.7%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.73.

Notable Days

  • 2019-07-16: Highest Volume — 6,026 contracts
  • 2019-07-05: Largest IV spike — 8.7% change
  • 2019-07-29: Highest IV Rank — 7.7%
  • 2019-07-08: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.10$16.45$17.60$17.47$16.64
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV32.4%29.9%34.0%32.4%33.3%
Expected Move9.3%8.6%9.8%9.3%9.5%
HV 20d18.7%15.7%29.4%29.4%17.5%
HV 60d30.4%28.4%32.1%31.9%28.5%
IV Rank4.3%0.0%7.7%0.0%6.4%
IV Percentile2.8%0.0%8.3%0.0%6.7%
Term Structure7.0%1.9%9.7%1.9%9.1%
VWIV32.0%29.4%33.5%31.3%29.4%
Skew 25d1.3%-4.7%4.2%-4.7%0.0%
Skew 10d4.5%-10.2%18.9%-10.2%-5.8%
Call IV 25d32.2%30.0%36.4%31.9%34.2%
Put IV 25d33.4%27.3%35.9%27.3%34.2%
Bid-Ask Spread %10.107.7613.8612.0213.63
Gamma HHI0.120.100.160.160.10
Net GEX151.8K36.2K226.3K203.4K134.5K
Net DEX729.5K-2.5M4.4M-1.5M3.2M
Net VEX-176.4K-192.9K-158.9K-192.9K-164.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.092.000.490.49
Total Volume1,759.8645356,0261,2271,279
Total OI67,486.562,29873,69667,59564,767

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$17.47$18.0032.4%9.3%29.4%0.0%31.3%-4.7%1.9%203.4K-1.5M-192.9K0.4912.02N/AN/A82340440,80426,791
2019-07-02$17.35$18.0031.3%9.0%21.9%0.0%30.8%0.1%2.3%162.5K-830.3K-185.2K0.547.76N/AN/A1,40876240,88626,602
2019-07-03$17.60$18.0029.9%8.6%22.4%0.0%30.1%2.7%3.0%216.0K-2.5M-192.8K0.597.88N/AN/A1,29076141,48126,699
2019-07-05$17.44$18.0032.5%9.7%18.6%5.0%33.5%0.8%7.3%140.6K-1.1M-190.5K2.0012.32N/AN/A7321,46641,50726,808
2019-07-08$17.13$18.0032.4%9.8%19.3%4.7%33.5%3.1%6.3%36.2K1.3M-181.2K1.128.55N/AN/A25228341,57827,232
2019-07-09$17.20$18.0031.3%9.5%18.3%2.7%33.2%1.6%7.8%40.2K491.1K-183.2K0.488.97N/AN/A55526541,67727,160
2019-07-10$17.44$18.0033.1%9.5%19.1%6.1%33.0%1.8%6.1%114.2K-1.2M-187.1K1.4711.60N/AN/A8701,28341,57027,218
2019-07-11$17.41$18.0031.9%9.1%18.7%3.7%31.4%1.4%8.7%99.3K-915.4K-186.9K0.9410.45N/AN/A69064741,75327,655
2019-07-12$17.55$18.0030.4%8.7%18.9%0.8%30.9%1.6%8.8%160.1K-1.7M-183.3K0.509.60N/AN/A93747241,68427,738
2019-07-15$17.39$18.0032.8%9.4%19.0%5.5%32.5%2.9%8.0%111.9K-465.3K-179.0K0.468.42N/AN/A63929541,84127,740
2019-07-16$17.36$18.0033.4%9.6%17.6%6.6%33.1%0.4%6.5%125.3K-333.1K-174.5K0.098.26N/AN/A5,55447241,92527,728
2019-07-17$17.12$18.0032.3%9.3%17.7%4.5%32.0%2.2%8.6%226.3K-195.8K-178.3K0.338.50N/AN/A1,09736246,00727,592
2019-07-18$16.95$18.0033.4%9.6%17.5%6.5%32.5%2.5%6.9%148.6K1.5M-173.4K0.449.32N/AN/A1,12849946,18827,419
2019-07-19$16.70$18.0032.3%9.3%17.3%4.5%31.4%0.5%7.5%215.7K3.5M-168.0K1.4212.44N/AN/A1,1281,59946,27427,422
2019-07-22$16.54$18.0033.5%9.6%17.1%6.9%33.5%1.3%6.2%122.5K3.9M-160.1K0.1613.86N/AN/A1,32220938,17524,123
2019-07-23$16.45$18.0032.4%9.3%15.7%4.6%29.6%3.1%8.7%97.7K4.4M-158.9K0.5111.19N/AN/A1,00051038,50724,196
2019-07-24$16.80$18.0032.9%9.4%17.4%5.7%32.8%4.2%5.6%165.3K2.6M-164.9K0.569.24N/AN/A1,12863638,74723,992
2019-07-25$16.93$18.0032.3%9.2%17.3%4.4%32.2%0.7%7.7%208.7K1.2M-169.7K0.649.28N/AN/A1,42691138,99724,151
2019-07-26$17.03$18.0031.4%9.0%17.3%2.8%31.9%3.2%8.5%223.4K993.0K-170.5K0.458.28N/AN/A1,36361639,24324,425
2019-07-29$16.85$18.0034.0%9.7%17.3%7.7%33.5%-2.4%9.6%210.5K1.7M-169.6K1.4610.06N/AN/A32447339,50424,543
2019-07-30$16.84$18.0033.2%9.5%17.2%6.2%32.9%1.3%9.7%175.8K2.2M-166.8K0.8710.66N/AN/A45239539,61824,736
2019-07-31$16.64$18.0033.3%9.5%17.5%6.4%29.4%0.0%9.1%134.5K3.2M-164.2K0.4913.63N/AN/A85842139,82224,945