BOX Options History — February 2022

In February 2022, BOX traded between $24.52 and $27.23. ATM implied volatility averaged 48.0%, placing in the 44.0% IV rank vs the trailing year. The 30-day expected move averaged 14.2%. IV traded above realized volatility by 18.0% (HV 20d: 30.1%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 1.28.

Notable Days

  • 2022-02-28: Highest Volume — 4,902 contracts
  • 2022-02-09: Largest IV spike — 21.5% change
  • 2022-02-28: Highest IV Rank — 79.8%
  • 2022-02-28: Largest Expected Move — 18.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.13$24.52$27.23$26.04$25.47
Max Pain$25.11$25.00$26.00$26.00$25.00
ATM IV48.0%36.4%65.0%40.1%65.0%
Expected Move14.2%11.0%18.6%11.5%18.6%
HV 20d30.1%26.1%35.3%26.4%34.7%
HV 60d34.2%28.2%35.8%33.3%28.2%
IV Rank44.0%19.3%79.8%27.3%79.8%
IV Percentile76.5%44.8%98.0%59.5%98.0%
Term Structure-6.2%-14.8%5.4%3.3%-14.8%
VWIV50.3%38.0%63.1%38.2%63.1%
Skew 25d7.0%5.5%9.8%7.7%8.9%
Skew 10d13.5%8.8%22.1%8.8%13.6%
Call IV 25d46.0%34.4%58.8%36.0%58.8%
Put IV 25d53.0%41.1%67.6%43.7%67.6%
Bid-Ask Spread %38.3518.5162.0649.0725.44
Gamma HHI0.140.130.150.140.14
Net GEX1.3M562.9K2.0M1.2M865.2K
Net DEX-24.6M-38.7M-6.7M-22.4M-16.0M
Net VEX-223.9K-244.2K-186.1K-241.0K-192.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.280.302.201.710.30
Total Volume3,404.2632,3584,9024,4074,902
Total OI58,895.31655,10961,38758,25055,147

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$26.04$26.0040.1%11.5%26.4%27.3%38.2%7.7%3.3%1.2M-22.4M-241.0K1.7149.07N/AN/A1,6282,77937,43620,814
2022-02-02$26.30$26.0038.5%11.0%26.5%23.8%38.0%6.7%5.4%1.3M-25.7M-241.9K2.1362.06N/AN/A1,3232,81437,62220,818
2022-02-03$25.56$25.0040.5%13.1%26.1%28.1%46.9%6.1%-4.1%1.0M-18.4M-234.1K1.2133.41N/AN/A1,5161,82837,89521,063
2022-02-04$26.41$25.0039.3%13.6%28.4%25.5%49.0%6.5%-5.6%1.3M-27.5M-244.2K1.3546.24N/AN/A1,3801,85737,97321,086
2022-02-07$26.48$25.0041.0%13.6%28.2%29.1%47.1%6.4%-6.6%1.4M-28.6M-239.8K1.0742.04N/AN/A1,6801,80438,22221,144
2022-02-08$26.59$25.0036.4%13.1%28.2%19.3%46.1%5.6%-5.9%1.5M-30.2M-239.3K1.1819.35N/AN/A1,3981,65238,82121,167
2022-02-09$26.93$25.0044.2%12.7%28.0%35.9%44.7%6.4%-4.0%1.6M-33.9M-239.3K1.3125.43N/AN/A1,2231,60438,86021,200
2022-02-10$27.23$25.0046.3%13.3%28.0%40.3%45.9%6.2%-5.8%1.7M-38.7M-242.1K1.0830.24N/AN/A1,4981,62339,14021,268
2022-02-11$26.53$25.0048.1%13.8%28.7%44.1%48.1%5.5%-7.0%1.6M-30.1M-238.3K1.2729.49N/AN/A1,2551,59739,70221,265
2022-02-14$26.56$25.0048.8%14.0%28.2%45.6%49.0%5.8%-8.4%1.7M-31.1M-231.9K1.4040.44N/AN/A1,1061,54939,76821,306
2022-02-15$27.20$25.0048.0%13.8%29.3%43.9%47.1%7.1%-7.9%1.9M-38.3M-233.7K1.2647.34N/AN/A1,2291,55239,85021,305
2022-02-16$27.19$25.0047.1%13.5%28.9%42.1%56.3%5.6%-6.9%2.0M-38.6M-231.0K2.2032.12N/AN/A1,1882,61840,07921,308
2022-02-17$26.16$25.0049.9%14.3%32.2%47.9%53.5%8.1%-6.0%1.7M-24.5M-220.5K1.5653.98N/AN/A1,6772,61040,24520,723
2022-02-18$25.53$25.0052.3%15.0%32.8%53.0%57.9%7.0%-6.7%900.7K-16.6M-211.7K2.0055.71N/AN/A1,3412,67940,50920,747
2022-02-22$25.34$25.0054.6%15.7%32.5%58.0%57.3%7.0%-7.6%876.3K-14.8M-201.8K1.4746.30N/AN/A1,2751,87536,72519,270
2022-02-23$24.52$25.0056.5%16.2%34.1%62.0%53.0%7.4%-8.4%562.9K-6.7M-186.1K0.4018.51N/AN/A2,42095736,88819,302
2022-02-24$25.22$25.0058.9%16.9%35.3%67.0%56.7%9.8%-9.8%762.0K-12.5M-192.4K0.5348.21N/AN/A1,54681235,68319,426
2022-02-25$25.30$25.0057.5%16.5%35.3%64.1%58.1%9.0%-10.2%790.5K-13.0M-192.4K0.9523.22N/AN/A1,4801,40635,78519,449
2022-02-28$25.47$25.0065.0%18.6%34.7%79.8%63.1%8.9%-14.8%865.2K-16.0M-192.2K0.3025.44N/AN/A3,7801,12235,98419,163