BOX Options History — December 2020

In December 2020, BOX traded between $16.78 and $19.89. ATM implied volatility averaged 46.8%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 4.5% (HV 20d: 42.3%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.20.

Notable Days

  • 2020-12-16: Highest Volume — 28,813 contracts
  • 2020-12-02: Largest IV drop — 33.1% change
  • 2020-12-01: Highest IV Rank — 54.9%
  • 2020-12-01: Largest Expected Move — 20.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.16$16.78$19.89$18.55$18.09
Max Pain$17.18$17.00$18.00$17.00$18.00
ATM IV46.8%41.9%71.0%71.0%41.9%
Expected Move13.4%12.0%20.4%20.4%12.0%
HV 20d42.3%32.8%46.9%34.0%32.8%
HV 60d36.1%31.2%38.2%31.2%38.2%
IV Rank20.0%11.6%54.9%54.9%11.6%
IV Percentile25.2%10.3%89.7%89.7%10.3%
Term Structure1.9%-15.0%6.5%-15.0%3.7%
VWIV49.0%44.0%73.3%73.3%44.0%
Skew 25d-2.7%-7.8%1.5%-4.1%-2.0%
Skew 10d-8.4%-22.5%0.9%-7.4%-19.3%
Call IV 25d50.0%43.4%76.3%76.3%43.4%
Put IV 25d47.2%41.4%72.1%72.1%41.4%
Bid-Ask Spread %13.428.2819.8211.978.28
Gamma HHI0.220.160.390.210.25
Net GEX1.1M514.7K2.2M860.5K1.0M
Net DEX-25.3M-38.9M-9.6M-24.7M-22.4M
Net VEX-149.3K-166.0K-121.7K-144.3K-155.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.020.940.270.30
Total Volume7,8711,58428,81313,0332,697
Total OI80,392.40965,46792,59866,65077,128

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-12-01$18.55$17.0071.0%20.4%34.0%54.9%73.3%-4.1%-15.0%860.5K-24.7M-144.3K0.2711.97N/AN/A10,2632,77047,14519,505
2020-12-02$16.97$18.0047.5%13.6%46.9%21.4%53.2%-4.0%0.5%514.7K-9.6M-121.7K0.2413.70N/AN/A17,4794,22552,13021,768
2020-12-03$16.78$17.0046.2%12.8%46.6%19.6%46.6%-3.7%6.3%519.9K-11.8M-131.7K0.2816.25N/AN/A9,4002,60057,80923,118
2020-12-04$17.03$17.0046.0%13.2%44.3%19.3%46.9%-3.9%3.9%668.9K-16.8M-151.4K0.2314.87N/AN/A3,54880261,56424,611
2020-12-07$17.16$17.0046.1%12.8%44.3%19.5%48.3%-1.6%5.7%680.0K-16.6M-143.3K0.3713.54N/AN/A2,67898662,34424,853
2020-12-08$17.44$17.0043.1%12.9%44.2%15.1%46.2%-4.8%5.3%913.1K-20.8M-148.7K0.2716.77N/AN/A2,31361862,41224,929
2020-12-09$17.23$17.0044.6%12.8%40.7%17.3%46.3%-1.8%5.6%726.1K-17.0M-138.4K0.1615.99N/AN/A3,13548962,21924,599
2020-12-10$17.38$17.0046.5%13.3%40.6%19.9%47.0%0.2%2.8%697.6K-17.5M-140.2K0.9415.34N/AN/A81576962,20424,418
2020-12-11$17.35$17.0045.4%13.0%40.6%18.3%49.9%-5.0%6.5%654.8K-17.3M-139.4K0.0613.31N/AN/A4,07722962,25224,492
2020-12-14$18.01$17.0045.9%13.1%41.0%19.0%47.6%-0.8%3.3%1.2M-25.4M-145.0K0.1212.72N/AN/A8,8801,02464,22424,469
2020-12-15$18.20$17.0044.4%12.7%40.9%16.9%45.6%-1.3%5.4%1.3M-26.9M-144.9K0.1210.58N/AN/A4,80258064,89524,188
2020-12-16$18.81$17.0050.2%14.4%41.7%25.2%51.7%-1.6%1.7%2.2M-37.5M-154.4K0.0519.82N/AN/A27,3681,44566,39924,422
2020-12-17$18.81$17.0047.5%13.6%41.5%21.4%49.3%-7.8%-1.2%1.8M-37.6M-160.6K0.1113.65N/AN/A4,59550267,61724,981
2020-12-18$18.89$17.0045.3%13.0%41.5%18.2%47.7%-1.2%1.1%2.2M-35.4M-157.8K0.1014.98N/AN/A5,10352767,15925,182
2020-12-21$19.15$17.0045.6%13.1%41.7%18.7%48.5%-2.1%1.6%1.0M-31.7M-155.7K0.0813.94N/AN/A5,35240547,97517,492
2020-12-22$19.89$17.0045.8%13.1%43.0%18.0%46.8%1.5%1.0%1.2M-38.9M-163.5K0.148.59N/AN/A6,44791649,69817,712
2020-12-23$19.33$17.0043.7%12.5%44.8%14.8%45.6%-1.8%1.4%1.2M-34.3M-164.0K0.1814.72N/AN/A2,55446550,80417,921
2020-12-24$19.26$17.0049.5%14.2%43.1%22.8%52.2%-6.3%-1.9%1.1M-34.5M-166.0K0.0212.93N/AN/A16,81936851,02518,197
2020-12-28$18.85$17.0047.6%13.6%43.9%20.0%48.8%-2.3%-2.4%1.4M-32.6M-161.6K0.0514.62N/AN/A4,95225056,86818,493
2020-12-29$18.10$18.0042.5%12.2%46.0%12.6%46.7%-4.9%3.9%1.0M-23.3M-149.7K0.1610.13N/AN/A3,64359156,17318,598
2020-12-30$18.30$18.0043.8%12.6%46.2%14.5%44.9%-1.0%1.7%1.1M-24.2M-147.6K0.098.58N/AN/A5,21546655,60319,038
2020-12-31$18.09$18.0041.9%12.0%32.8%11.6%44.0%-2.0%3.7%1.0M-22.4M-155.9K0.308.28N/AN/A2,07362457,82119,307