BOX Options History — July 2021

In July 2021, BOX traded between $22.82 and $26.95. ATM implied volatility averaged 35.9%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 7.4% (HV 20d: 28.5%). Max pain ranged from $24.00 to $32.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.46.

Notable Days

  • 2021-07-29: Highest Volume — 15,021 contracts
  • 2021-07-12: Largest IV spike — 22.8% change
  • 2021-07-29: Highest IV Rank — 27.7%
  • 2021-07-29: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.34$22.82$26.95$26.70$23.85
Max Pain$25.24$24.00$32.00$32.00$24.00
ATM IV35.9%31.9%40.9%34.5%38.6%
Expected Move10.1%9.1%11.7%9.9%11.1%
HV 20d28.5%19.5%37.8%20.3%34.8%
HV 60d28.8%26.0%33.5%33.5%31.4%
IV Rank17.5%9.3%27.7%14.8%23.2%
IV Percentile15.1%6.3%24.6%11.1%23.4%
Term Structure5.5%-1.1%9.9%-1.1%7.7%
VWIV37.1%33.1%46.0%35.8%42.9%
Skew 25d-1.2%-5.3%1.1%-2.7%-4.8%
Skew 10d-4.6%-23.7%3.7%-8.2%-15.8%
Call IV 25d37.9%33.3%47.5%37.7%45.6%
Put IV 25d36.7%33.4%42.2%35.0%40.8%
Bid-Ask Spread %62.4946.7880.0566.3271.37
Gamma HHI0.180.130.350.190.14
Net GEX1.8M-1.4M3.7M3.2M2.3M
Net DEX-20.4M-56.6M34.6M-46.8M-48.3M
Net VEX-433.3K-491.4K-365.7K-468.4K-478.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.051.660.240.30
Total Volume6,908.4762,76315,0215,5174,167
Total OI150,667.762105,201187,692161,779136,810

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$26.70$32.0034.5%9.9%20.3%14.8%35.8%-2.7%-1.1%3.2M-46.8M-468.4K0.2466.32N/AN/A4,4521,06599,03262,747
2021-07-02$26.95$32.0037.3%10.7%19.5%20.4%38.1%-3.3%0.6%3.3M-54.0M-478.2K0.1774.32N/AN/A12,6692,217100,49863,104
2021-07-06$26.39$25.0035.7%10.2%20.6%17.2%36.1%-2.9%3.6%3.7M-39.8M-474.5K0.4654.95N/AN/A2,9551,357108,75865,452
2021-07-07$25.64$25.0039.2%10.3%23.5%24.3%36.1%-0.8%4.0%3.1M-22.1M-455.6K0.3755.04N/AN/A6,4532,389108,45764,875
2021-07-08$25.18$25.0035.8%10.2%24.1%17.4%36.2%-0.9%4.9%2.6M-11.9M-458.3K0.5561.03N/AN/A2,3331,274111,69965,873
2021-07-09$25.10$25.0032.4%9.8%23.6%10.4%34.7%-0.5%4.3%2.6M-9.9M-446.5K0.6247.69N/AN/A2,2061,360112,15566,303
2021-07-12$24.76$25.0039.7%9.8%24.1%25.4%34.4%0.4%4.7%1.8M2.9M-427.1K0.2046.78N/AN/A5,6511,105113,43966,396
2021-07-13$24.24$25.0039.3%9.6%25.1%24.6%34.3%0.3%5.0%1.4M11.6M-423.0K0.1852.15N/AN/A5,9281,068116,65966,944
2021-07-14$23.88$25.0033.2%9.5%25.5%12.1%33.8%-0.7%4.0%425.6K22.5M-406.7K0.9858.68N/AN/A1,4071,384116,74767,162
2021-07-15$23.43$25.0034.3%9.8%26.2%14.2%35.7%-1.0%5.1%-1.4M34.6M-389.8K0.2756.23N/AN/A3,9881,069117,00268,220
2021-07-16$23.35$25.0031.9%9.1%26.1%9.3%33.1%0.1%6.3%-946.0K30.0M-390.9K1.5556.16N/AN/A1,5922,469118,99968,693
2021-07-19$22.82$24.0035.9%10.3%26.7%17.6%37.6%0.8%6.3%1.1M-17.4M-365.7K0.7354.31N/AN/A5,8494,29874,22930,972
2021-07-20$23.85$24.0033.2%9.5%31.8%12.0%34.2%1.1%7.5%1.6M-34.2M-398.7K0.0764.70N/AN/A6,03743675,93332,117
2021-07-21$23.18$25.0033.9%9.7%32.8%13.6%34.6%0.0%7.1%1.3M-24.0M-381.0K1.6657.89N/AN/A4,5357,53878,21332,382
2021-07-22$23.29$24.0034.3%9.8%32.9%14.2%36.1%-1.7%7.0%1.4M-25.9M-413.2K0.1363.50N/AN/A3,98250780,82936,006
2021-07-23$24.05$24.0035.3%10.1%35.2%16.3%36.8%-0.6%7.0%2.0M-41.8M-443.3K0.2770.63N/AN/A6,8201,86683,79636,437
2021-07-26$23.24$24.0035.4%10.2%36.9%16.7%41.6%-1.3%9.3%1.4M-28.8M-420.5K0.1680.05N/AN/A9,2041,50183,79636,437
2021-07-27$23.34$24.0038.0%10.9%35.6%22.0%43.2%-1.6%7.8%1.7M-31.4M-438.1K0.2370.21N/AN/A3,38677788,62337,940
2021-07-28$23.60$24.0034.5%9.9%36.0%14.8%38.7%-0.4%9.9%2.0M-36.6M-450.1K0.4172.94N/AN/A1,96080394,54239,139
2021-07-29$24.30$24.0040.9%11.7%37.8%27.7%46.0%-5.3%4.4%2.6M-56.6M-491.4K0.0577.29N/AN/A14,24078196,84339,765
2021-07-30$23.85$24.0038.6%11.1%34.8%23.2%42.9%-4.8%7.7%2.3M-48.3M-478.6K0.3071.37N/AN/A3,20196697,26839,542