BOX Options History — August 2019

In August 2019, BOX traded between $12.99 and $16.20. ATM implied volatility averaged 49.9%, placing in the 38.1% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded above realized volatility by 17.9% (HV 20d: 32.0%). Max pain ranged from $14.00 to $18.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.62.

Notable Days

  • 2019-08-29: Highest Volume — 10,976 contracts
  • 2019-08-29: Largest IV drop — 40.1% change
  • 2019-08-27: Highest IV Rank — 64.8%
  • 2019-08-27: Largest Expected Move — 18.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.00$12.99$16.20$16.20$14.59
Max Pain$16.00$14.00$18.00$18.00$15.00
ATM IV49.9%33.4%63.9%37.6%33.4%
Expected Move14.9%9.6%18.3%10.8%9.6%
HV 20d32.0%18.5%38.1%18.5%38.1%
HV 60d28.7%27.2%30.3%27.7%27.5%
IV Rank38.1%6.7%64.8%14.5%6.7%
IV Percentile64.6%7.9%94.4%23.4%7.9%
Term Structure-5.1%-12.3%8.3%6.4%2.9%
VWIV51.3%34.1%63.8%35.6%34.1%
Skew 25d2.9%0.8%7.0%1.0%2.4%
Skew 10d6.7%-6.9%27.4%-6.9%9.4%
Call IV 25d50.9%34.5%63.5%36.9%34.5%
Put IV 25d53.9%37.0%66.3%37.8%37.0%
Bid-Ask Spread %11.397.6027.6613.7627.66
Gamma HHI0.140.100.170.100.16
Net GEX25.9K-38.2K235.8K79.1K235.8K
Net DEX8.5M1.7M12.1M5.3M1.7M
Net VEX-140.0K-161.3K-125.8K-161.3K-156.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.042.940.810.91
Total Volume2,994.13674810,9762,2645,403
Total OI68,647.90962,77979,93265,30679,222

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$16.20$18.0037.6%10.8%18.5%14.5%35.6%1.0%6.4%79.1K5.3M-161.3K0.8113.76N/AN/A1,2491,01540,31524,991
2019-08-02$15.55$17.0037.7%10.8%22.6%14.9%36.8%2.9%8.3%8.7K8.9M-148.2K1.0311.43N/AN/A1,3681,41140,74925,063
2019-08-05$14.80$17.0050.2%14.4%27.2%38.6%50.2%5.8%-5.4%-2.7K10.2M-138.4K0.7115.43N/AN/A1,6651,18141,64224,511
2019-08-06$14.41$17.0046.6%14.5%27.6%31.8%50.0%2.8%-5.6%9.1K10.1M-134.4K0.5512.85N/AN/A84446142,68124,006
2019-08-07$14.34$17.0045.1%15.0%26.4%28.9%50.9%3.7%-5.9%29.1K10.0M-136.0K2.9412.43N/AN/A8322,44843,09723,970
2019-08-08$14.53$17.0040.1%14.0%27.5%19.5%48.5%2.5%-4.5%17.8K9.9M-146.7K0.329.55N/AN/A72222843,57026,012
2019-08-09$13.99$17.0041.9%14.4%28.5%22.9%48.5%2.7%-4.9%-2.9K11.6M-137.7K0.4013.20N/AN/A1,18347143,97126,092
2019-08-12$13.45$17.0048.1%16.1%30.2%34.6%52.8%0.8%-10.0%-17.5K11.2M-131.8K0.7810.01N/AN/A59346044,50724,968
2019-08-13$13.57$16.0044.5%15.4%30.9%27.9%52.3%1.6%-7.5%-11.6K11.0M-134.0K0.519.72N/AN/A52826744,87825,035
2019-08-14$12.99$16.0056.8%16.3%32.9%51.3%55.5%1.5%-7.2%-38.2K12.1M-125.8K0.6110.93N/AN/A1,47389645,25124,954
2019-08-15$13.12$16.0056.4%16.2%33.9%50.5%52.1%6.3%-8.3%-31.7K11.6M-126.7K0.4511.13N/AN/A51623245,92624,890
2019-08-16$13.39$16.0053.4%15.3%35.9%44.8%54.2%1.8%-5.6%-34.2K10.7M-129.7K0.298.41N/AN/A79723246,11024,846
2019-08-19$13.45$16.0054.6%15.6%36.3%47.0%53.5%1.6%-6.0%-20.0K8.7M-130.2K0.377.60N/AN/A1,06038939,19423,585
2019-08-20$13.44$16.0054.8%15.7%36.4%47.3%54.1%3.1%-6.0%-13.9K8.6M-133.2K0.449.89N/AN/A60026639,92423,832
2019-08-21$13.49$15.0055.1%15.8%35.0%48.1%55.0%3.6%-5.7%-8.2K8.2M-133.0K0.0412.80N/AN/A1,8338140,09224,024
2019-08-22$13.53$15.0056.2%16.1%34.7%50.1%57.1%0.9%-8.2%5.5K7.7M-137.9K0.057.91N/AN/A3,70318040,83124,024
2019-08-23$13.73$15.0059.3%17.0%35.4%55.9%59.8%5.1%-9.8%56.9K5.8M-145.6K0.3311.24N/AN/A2,29875242,54324,129
2019-08-26$13.90$15.0063.5%18.2%36.3%63.9%62.5%3.2%-10.9%57.8K5.1M-147.4K0.148.99N/AN/A1,46821142,71524,596
2019-08-27$13.69$15.0063.9%18.3%36.2%64.8%62.7%2.8%-12.3%58.7K5.8M-145.4K0.887.98N/AN/A2,6802,35543,62624,838
2019-08-28$13.82$15.0061.8%17.7%36.9%60.7%63.8%1.3%-8.0%50.1K6.3M-151.2K0.629.74N/AN/A6,5284,01644,33026,782
2019-08-29$14.10$14.0037.0%10.6%37.6%13.5%38.8%7.0%2.4%142.2K5.7M-149.3K0.537.82N/AN/A7,1853,79149,80130,131
2019-08-30$14.59$15.0033.4%9.6%38.1%6.7%34.1%2.4%2.9%235.8K1.7M-156.2K0.9127.66N/AN/A2,8282,57549,38329,839