BOX Options History — August 2021

In August 2021, BOX traded between $24.37 and $26.38. ATM implied volatility averaged 40.9%, placing in the 27.9% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded above realized volatility by 6.6% (HV 20d: 34.3%). Max pain ranged from $24.00 to $24.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.21.

Notable Days

2021-08-23: Highest Volume — 15,947 contracts
2021-08-26: Largest IV drop — 24.0% change
2021-08-25: Highest IV Rank — 43.3%
2021-08-25: Largest Expected Move — 13.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$25.20	$24.37	$26.38	$24.45	$25.78
Max Pain	$24.00	$24.00	$24.00	$24.00	$24.00
ATM IV	40.9%	33.7%	48.6%	39.8%	34.4%
Expected Move	12.2%	9.8%	13.9%	11.4%	9.9%
HV 20d	34.3%	32.6%	36.6%	36.1%	32.8%
HV 60d	29.4%	26.7%	31.6%	31.6%	30.3%
IV Rank	27.9%	13.0%	43.3%	25.5%	15.2%
IV Percentile	30.9%	11.9%	60.3%	25.0%	14.7%
Term Structure	-1.0%	-7.1%	8.0%	5.7%	1.2%
VWIV	44.6%	36.5%	51.1%	43.9%	37.5%
Skew 25d	-1.9%	-5.3%	0.5%	-2.9%	-2.6%
Skew 10d	-3.4%	-10.1%	5.5%	0.6%	-4.7%
Call IV 25d	45.9%	38.1%	53.2%	43.7%	38.4%
Put IV 25d	44.0%	35.8%	50.8%	40.8%	35.8%
Bid-Ask Spread %	51.18	28.50	75.69	65.95	49.93
Gamma HHI	0.19	0.15	0.25	0.16	0.24
Net GEX	4.5M	3.0M	7.2M	3.2M	5.6M
Net DEX	-83.8M	-133.5M	-57.5M	-61.6M	-93.8M
Net VEX	-452.8K	-499.1K	-408.5K	-484.1K	-417.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.21	0.01	0.87	0.05	0.01
Total Volume	5,822	715	15,947	3,899	7,700
Total OI	147,886.182	123,189	157,110	145,632	150,255

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-08-02	$24.45	$24.00	39.8%	11.4%	36.1%	25.5%	43.9%	-2.9%	5.7%	3.2M	-61.6M	-484.1K	0.05	65.95	N/A	N/A	3,705	194	105,569	40,063
2021-08-03	$24.45	$24.00	38.0%	10.9%	35.7%	21.9%	45.0%	-2.8%	5.8%	3.5M	-66.5M	-499.1K	0.07	75.69	N/A	N/A	2,498	185	107,904	40,792
2021-08-04	$24.37	$24.00	38.2%	10.9%	34.4%	22.2%	39.7%	-1.2%	8.0%	3.6M	-66.1M	-497.5K	0.06	73.24	N/A	N/A	1,315	75	109,517	40,896
2021-08-05	$24.64	$24.00	37.9%	13.0%	34.2%	21.7%	45.7%	-2.2%	-1.6%	3.9M	-73.6M	-497.2K	0.87	54.45	N/A	N/A	382	333	110,340	41,002
2021-08-06	$24.84	$24.00	35.8%	13.1%	34.4%	17.4%	45.9%	-3.2%	-2.9%	4.3M	-80.3M	-494.5K	0.18	43.81	N/A	N/A	4,566	828	110,819	41,063
2021-08-09	$25.12	$24.00	33.7%	12.8%	34.2%	13.0%	45.9%	-0.6%	-1.9%	4.9M	-87.4M	-483.8K	0.10	48.32	N/A	N/A	6,855	683	110,906	41,118
2021-08-10	$25.11	$24.00	35.4%	12.9%	33.3%	16.5%	45.8%	-1.5%	-1.8%	5.0M	-87.1M	-480.2K	0.01	46.10	N/A	N/A	4,988	50	111,996	41,194
2021-08-11	$25.20	$24.00	43.8%	12.6%	32.7%	33.7%	44.1%	0.1%	-1.4%	5.0M	-88.3M	-474.2K	0.04	45.12	N/A	N/A	3,657	155	111,696	41,714
2021-08-12	$26.26	$24.00	44.2%	12.7%	34.3%	34.4%	44.1%	-0.0%	-3.3%	6.7M	-126.8M	-480.3K	0.06	58.38	N/A	N/A	6,761	416	112,723	41,710
2021-08-13	$26.38	$24.00	42.6%	12.2%	34.1%	31.2%	43.0%	0.5%	-1.2%	7.2M	-133.5M	-475.7K	0.15	52.34	N/A	N/A	6,670	1,022	113,742	41,756
2021-08-16	$25.34	$24.00	42.6%	12.2%	36.6%	31.2%	43.6%	0.2%	-0.9%	5.3M	-91.5M	-445.9K	0.46	66.51	N/A	N/A	4,120	1,876	112,353	41,696
2021-08-17	$24.45	$24.00	46.9%	13.5%	36.3%	40.0%	47.7%	-0.6%	-3.4%	3.5M	-57.5M	-423.1K	0.10	39.20	N/A	N/A	4,828	498	112,407	42,512
2021-08-18	$25.11	$24.00	45.3%	13.0%	35.6%	36.7%	47.7%	-1.0%	-2.0%	4.5M	-81.2M	-429.7K	0.25	56.32	N/A	N/A	1,794	442	112,154	42,449
2021-08-19	$24.63	$24.00	46.8%	13.4%	36.5%	39.7%	49.3%	-2.0%	-3.1%	3.8M	-67.4M	-421.3K	0.15	46.77	N/A	N/A	1,382	214	114,111	42,565
2021-08-20	$24.77	$24.00	45.8%	13.1%	34.9%	37.7%	47.0%	-1.9%	-2.5%	4.0M	-69.7M	-416.8K	0.49	42.48	N/A	N/A	1,992	980	114,618	42,492
2021-08-23	$25.20	$24.00	47.6%	13.6%	32.6%	41.3%	49.8%	-4.3%	-4.6%	3.0M	-73.3M	-408.5K	0.25	37.55	N/A	N/A	12,725	3,222	86,990	36,199
2021-08-24	$25.88	$24.00	46.6%	13.3%	33.5%	39.2%	50.4%	-3.9%	-4.6%	3.5M	-89.1M	-417.8K	0.05	49.26	N/A	N/A	8,384	429	87,374	36,472
2021-08-25	$25.80	$24.00	48.6%	13.9%	33.6%	43.3%	51.1%	-2.4%	-7.1%	3.6M	-92.0M	-442.5K	0.47	40.96	N/A	N/A	7,645	3,572	93,687	39,358
2021-08-26	$25.22	$24.00	36.9%	10.6%	33.6%	19.6%	40.1%	-1.9%	0.3%	3.9M	-75.3M	-417.2K	0.33	43.82	N/A	N/A	7,410	2,469	97,659	39,591
2021-08-27	$25.80	$24.00	35.7%	10.2%	33.4%	17.8%	37.5%	-5.3%	-0.5%	5.0M	-96.2M	-439.7K	0.21	61.31	N/A	N/A	5,173	1,093	102,961	41,531
2021-08-30	$25.57	$24.00	34.2%	9.8%	32.8%	14.8%	36.5%	-2.2%	0.0%	5.1M	-85.5M	-415.4K	0.15	28.50	N/A	N/A	4,160	638	105,353	42,189
2021-08-31	$25.78	$24.00	34.4%	9.9%	32.8%	15.2%	37.5%	-2.6%	1.2%	5.6M	-93.8M	-417.6K	0.01	49.93	N/A	N/A	7,641	59	107,181	43,074