BOX Options History — January 2022

In January 2022, BOX traded between $24.53 and $26.38. ATM implied volatility averaged 38.0%, placing in the 22.7% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 13.3% (HV 20d: 24.7%). Max pain ranged from $22.00 to $27.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 2.61.

Notable Days

  • 2022-01-20: Highest Volume — 8,848 contracts
  • 2022-01-10: Largest IV spike — 11.9% change
  • 2022-01-26: Highest IV Rank — 37.5%
  • 2022-01-26: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.52$24.53$26.38$26.38$26.00
Max Pain$26.00$22.00$27.00$22.00$26.00
ATM IV38.0%32.4%44.9%33.3%40.6%
Expected Move11.0%9.5%12.9%9.5%11.7%
HV 20d24.7%21.2%26.4%23.8%26.4%
HV 60d32.0%31.3%33.5%31.3%33.5%
IV Rank22.7%10.9%37.5%12.8%28.4%
IV Percentile45.8%13.1%70.2%21.0%59.5%
Term Structure4.3%1.0%6.5%2.4%4.5%
VWIV41.7%31.7%52.8%34.4%40.1%
Skew 25d3.6%1.4%7.1%1.4%7.1%
Skew 10d12.3%-0.7%87.5%2.3%10.6%
Call IV 25d37.1%33.2%42.7%33.8%37.6%
Put IV 25d40.7%35.2%48.2%35.2%44.6%
Bid-Ask Spread %42.9113.9477.9932.1924.64
Gamma HHI0.150.130.180.180.14
Net GEX1.2M593.3K1.8M1.8M1.1M
Net DEX-26.7M-45.4M-9.0M-45.4M-22.2M
Net VEX-252.8K-287.1K-227.3K-287.1K-244.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.610.694.613.371.60
Total Volume5,533.753,1558,8485,5574,489
Total OI71,344.654,70478,69578,06857,799

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$26.38$22.0033.3%9.5%23.8%12.8%34.4%1.4%2.4%1.8M-45.4M-287.1K3.3732.19N/AN/A1,2714,28654,06524,003
2022-01-04$26.12$22.0033.3%9.5%24.0%12.8%34.0%2.9%1.3%1.7M-40.6M-283.3K3.6417.77N/AN/A1,1454,16354,10923,978
2022-01-05$25.32$22.0035.0%10.0%26.2%16.4%36.3%2.4%2.9%1.3M-30.0M-270.0K2.9213.94N/AN/A1,4504,23854,06223,968
2022-01-06$25.47$27.0034.1%10.4%26.1%14.5%39.3%2.5%5.3%1.4M-31.1M-262.3K3.1349.63N/AN/A1,5264,78053,98724,052
2022-01-07$25.76$27.0032.4%10.5%26.2%10.9%43.3%2.0%4.8%1.5M-35.2M-269.4K3.5327.87N/AN/A1,3564,78154,00523,825
2022-01-10$25.71$27.0036.3%10.6%25.8%19.1%45.0%3.6%6.0%1.4M-34.2M-262.4K3.9253.03N/AN/A1,1774,61353,95623,878
2022-01-11$26.14$27.0034.7%10.2%26.1%15.7%46.9%3.0%6.2%1.6M-40.0M-264.5K3.6454.51N/AN/A1,2074,39854,00124,188
2022-01-12$25.97$27.0036.0%10.3%25.7%18.5%31.7%1.5%5.0%1.5M-36.0M-256.5K1.6435.12N/AN/A2,7464,49053,65424,305
2022-01-13$25.45$27.0036.3%10.4%25.4%19.2%46.8%1.9%6.3%1.2M-29.5M-253.8K1.9553.10N/AN/A2,2954,48154,04624,490
2022-01-14$25.87$27.0036.2%10.4%25.2%19.0%47.5%2.2%4.8%1.4M-34.2M-258.2K4.3656.58N/AN/A1,0334,50554,04924,582
2022-01-18$25.93$27.0037.6%10.8%24.9%22.0%43.7%2.7%4.5%1.3M-35.2M-251.1K3.1737.04N/AN/A1,4354,55354,09624,599
2022-01-19$25.67$27.0037.8%10.8%25.1%22.3%34.1%2.1%3.9%1.1M-23.7M-239.8K4.6118.77N/AN/A9874,55351,46424,610
2022-01-20$25.38$27.0036.6%10.5%25.4%19.7%35.2%4.0%6.5%995.1K-19.8M-231.3K2.2520.13N/AN/A2,7266,12251,25824,506
2022-01-21$24.93$27.0040.7%11.7%25.7%28.6%37.0%4.9%4.2%886.5K-17.3M-247.5K2.5637.95N/AN/A1,7774,54851,83525,509
2022-01-24$25.31$27.0044.5%12.8%24.2%36.6%49.1%5.3%2.9%717.9K-14.3M-237.4K0.7852.26N/AN/A1,9951,55835,01419,690
2022-01-25$24.90$26.0044.0%12.6%21.6%35.5%41.9%5.6%2.7%624.5K-13.2M-241.6K0.9775.87N/AN/A1,6031,55235,87319,680
2022-01-26$24.64$26.0044.9%12.9%21.6%37.5%46.6%5.8%1.0%610.9K-11.0M-230.6K0.6977.99N/AN/A2,5311,74836,01119,736
2022-01-27$24.53$26.0043.0%12.3%21.2%33.3%48.3%5.3%5.1%593.3K-9.0M-227.3K1.5861.21N/AN/A1,6862,66936,62319,728
2022-01-28$25.02$26.0042.3%12.1%22.9%31.9%52.8%6.1%5.7%748.7K-12.9M-237.3K1.8758.59N/AN/A1,4662,73636,86220,796
2022-01-31$26.00$26.0040.6%11.7%26.4%28.4%40.1%7.1%4.5%1.1M-22.2M-244.1K1.6024.64N/AN/A1,7242,76536,99720,802