BOX Options History — November 2021

In November 2021, BOX traded between $23.47 and $26.76. ATM implied volatility averaged 42.5%, placing in the 32.4% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 24.6% (HV 20d: 18.0%). Max pain ranged from $23.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.03.

Notable Days

  • 2021-11-30: Highest Volume — 15,230 contracts
  • 2021-11-10: Largest IV spike — 20.9% change
  • 2021-11-30: Highest IV Rank — 75.9%
  • 2021-11-30: Largest Expected Move — 18.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.37$23.47$26.76$25.87$23.47
Max Pain$23.33$23.00$25.00$25.00$23.00
ATM IV42.5%31.8%63.1%34.1%63.1%
Expected Move12.6%9.6%18.1%9.8%18.1%
HV 20d18.0%13.9%24.4%17.2%24.4%
HV 60d31.7%30.1%34.0%33.9%31.4%
IV Rank32.4%9.7%75.9%14.4%75.9%
IV Percentile48.8%7.1%95.6%20.2%95.6%
Term Structure-2.7%-13.7%7.2%6.7%-13.7%
VWIV44.8%33.7%64.4%34.4%64.4%
Skew 25d2.0%0.1%5.0%1.3%2.7%
Skew 10d5.4%-1.5%19.9%1.3%11.3%
Call IV 25d43.5%32.8%62.7%34.0%62.7%
Put IV 25d45.4%34.3%65.4%35.3%65.4%
Bid-Ask Spread %55.3517.7371.2656.9430.56
Gamma HHI0.180.140.210.180.14
Net GEX2.7M1.0M3.7M2.9M1.0M
Net DEX-54.5M-85.2M-20.5M-63.2M-20.5M
Net VEX-304.8K-368.0K-237.8K-362.8K-237.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.363.121.270.47
Total Volume6,902.7143,50315,2305,18115,230
Total OI97,233.14384,833102,675101,18688,004

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$25.87$25.0034.1%9.8%17.2%14.4%34.4%1.3%6.7%2.9M-63.2M-362.8K1.2756.94N/AN/A2,2812,90071,68129,505
2021-11-02$25.98$25.0033.4%9.6%16.5%13.1%33.7%0.1%7.2%3.0M-67.1M-359.3K0.9417.73N/AN/A3,0412,85871,94229,517
2021-11-03$26.40$25.0033.4%9.6%16.5%13.0%33.9%1.9%6.9%3.4M-76.8M-366.9K0.6171.26N/AN/A5,2423,22073,08029,528
2021-11-04$26.76$23.0031.8%11.3%16.9%9.7%41.9%2.0%-0.9%3.6M-85.2M-368.0K0.9151.93N/AN/A5,2184,75273,43729,238
2021-11-05$26.69$23.0032.7%11.4%16.9%11.6%41.1%1.8%-1.6%3.7M-83.2M-353.0K0.9863.04N/AN/A4,9484,86672,90428,540
2021-11-08$26.40$23.0035.3%11.9%17.2%17.1%44.6%0.8%-2.8%3.7M-77.0M-341.4K2.0561.69N/AN/A2,2284,56373,37328,644
2021-11-09$26.42$23.0034.8%11.9%16.5%16.1%47.6%1.8%-3.3%3.6M-75.9M-339.7K2.8161.76N/AN/A2,1626,08073,27528,706
2021-11-10$25.75$23.0042.1%12.1%18.8%31.5%45.1%2.4%-2.8%3.2M-61.7M-324.1K3.1258.59N/AN/A2,6618,29973,38026,503
2021-11-11$25.81$23.0042.3%12.1%18.4%31.8%43.6%2.4%-1.8%3.3M-63.5M-321.0K1.7756.37N/AN/A2,1753,85073,85626,740
2021-11-12$25.89$23.0042.9%12.3%17.7%33.1%42.7%2.5%-3.3%3.5M-64.5M-315.8K0.7755.09N/AN/A2,5981,99274,05626,763
2021-11-15$25.79$23.0043.6%12.5%14.3%34.7%41.8%2.2%-3.7%3.5M-61.8M-303.1K0.7155.61N/AN/A2,9072,05173,97026,821
2021-11-16$25.74$23.0043.5%12.5%13.9%34.3%44.7%2.1%-2.7%3.4M-59.9M-297.5K0.8559.12N/AN/A2,7522,33974,68026,957
2021-11-17$25.79$23.0043.4%12.4%13.9%34.1%43.6%1.9%-2.8%3.6M-61.8M-297.0K0.6159.22N/AN/A3,4082,06675,13027,184
2021-11-18$25.29$24.0043.5%12.5%15.5%34.5%44.1%1.2%-3.6%2.5M-48.5M-280.8K0.7660.48N/AN/A3,6502,76574,98927,305
2021-11-19$24.58$23.0045.2%13.0%17.9%38.0%45.3%0.9%-4.8%1.5M-33.8M-271.5K0.6158.20N/AN/A4,2392,60074,55627,045
2021-11-22$24.06$23.0044.8%12.8%19.0%37.1%46.3%2.0%-3.1%1.3M-31.3M-265.6K0.4257.63N/AN/A4,0501,72060,95023,883
2021-11-23$23.69$23.0047.4%13.6%19.4%42.6%47.5%2.4%-4.7%1.0M-21.8M-244.2K0.3658.53N/AN/A3,6151,29660,98124,079
2021-11-24$24.28$23.0048.4%13.9%21.9%44.8%47.1%2.4%-4.6%1.4M-30.6M-254.7K0.5456.50N/AN/A2,3671,26762,26624,285
2021-11-26$24.00$23.0053.2%15.3%21.9%55.0%52.3%1.8%-7.5%1.3M-27.8M-252.5K0.7062.71N/AN/A2,0571,44662,66624,345
2021-11-29$24.21$23.0054.2%15.6%22.4%57.2%54.3%5.0%-9.9%1.4M-29.6M-243.5K0.3949.42N/AN/A5,1612,03762,69624,436
2021-11-30$23.47$23.0063.1%18.1%24.4%75.9%64.4%2.7%-13.7%1.0M-20.5M-237.8K0.4730.56N/AN/A10,3484,88263,02924,975