BOX Options History — April 2022

In April 2022, BOX traded between $27.54 and $32.49. ATM implied volatility averaged 38.2%, placing in the 25.5% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded below realized volatility by 2.5% (HV 20d: 40.7%). Max pain ranged from $26.00 to $28.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.70.

Notable Days

  • 2022-04-11: Highest Volume — 13,548 contracts
  • 2022-04-11: Largest IV spike — 57.9% change
  • 2022-04-11: Highest IV Rank — 56.4%
  • 2022-04-26: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.38$27.54$32.49$28.64$30.78
Max Pain$27.30$26.00$28.00$26.00$28.00
ATM IV38.2%30.5%51.5%31.0%42.2%
Expected Move10.8%9.2%12.5%9.2%12.1%
HV 20d40.7%37.8%45.2%38.7%44.0%
HV 60d36.4%32.5%39.1%32.5%38.5%
IV Rank25.5%7.6%56.4%8.7%34.7%
IV Percentile51.7%3.2%92.5%6.0%70.6%
Term Structure4.3%1.0%6.1%1.0%3.1%
VWIV38.4%32.6%44.9%35.1%41.8%
Skew 25d4.3%2.2%5.9%2.2%5.7%
Skew 10d8.2%4.2%19.0%4.2%6.8%
Call IV 25d35.9%30.0%41.7%30.0%40.0%
Put IV 25d40.2%32.2%47.2%32.2%45.7%
Bid-Ask Spread %48.0331.0866.3747.7640.27
Gamma HHI0.220.120.390.350.13
Net GEX2.0M1.3M3.3M2.7M1.5M
Net DEX-52.5M-83.6M-26.0M-42.4M-47.2M
Net VEX-211.6K-229.2K-188.7K-208.5K-225.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.192.161.131.29
Total Volume4,274.6533513,5482,0941,644
Total OI44,483.4537,37750,18845,40743,489

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$28.64$26.0031.0%9.2%38.7%8.7%35.1%2.2%1.0%2.7M-42.4M-208.5K1.1347.76N/AN/A9811,11335,4259,982
2022-04-04$29.28$26.0030.5%9.4%37.8%7.6%32.6%3.9%4.5%3.0M-52.2M-204.2K0.9333.29N/AN/A1,1671,08635,56110,217
2022-04-05$28.74$26.0033.3%9.7%37.8%14.0%34.3%4.4%4.1%2.9M-42.9M-201.6K0.3850.78N/AN/A2,16282435,59210,536
2022-04-06$27.54$26.0034.9%10.3%39.3%17.8%35.5%4.5%3.9%2.3M-26.0M-188.7K1.1831.08N/AN/A1,0921,29236,70110,681
2022-04-07$28.80$26.0034.0%10.1%39.6%15.8%35.8%3.7%4.2%3.3M-45.7M-200.7K0.6341.03N/AN/A2,8471,80636,80410,186
2022-04-08$28.68$26.0032.6%10.1%38.4%12.5%35.3%5.3%5.3%3.3M-42.8M-198.0K0.1935.05N/AN/A9,3411,74237,13610,745
2022-04-11$29.84$27.0051.5%11.1%39.7%56.4%39.3%4.5%5.1%2.5M-59.5M-201.8K0.2347.50N/AN/A11,0192,52935,93711,352
2022-04-12$30.67$27.0043.8%10.8%40.2%38.5%40.1%4.7%5.0%2.3M-69.0M-196.3K0.3733.68N/AN/A4,8791,79735,68610,866
2022-04-13$31.72$28.0036.0%10.3%41.1%20.4%39.6%5.0%5.4%1.7M-83.6M-202.8K0.2543.67N/AN/A7,5641,87837,92611,853
2022-04-14$30.89$28.0037.0%10.6%40.0%22.8%37.6%5.1%4.0%2.7M-75.4M-204.9K0.1955.19N/AN/A4,06676638,30511,883
2022-04-18$31.51$28.0037.3%10.7%40.2%23.4%38.5%2.9%4.5%1.3M-50.8M-202.2K0.3048.10N/AN/A2,51075528,2589,119
2022-04-19$32.29$28.0036.6%10.5%40.1%21.8%37.6%3.3%4.6%1.5M-61.0M-209.7K0.3045.00N/AN/A3,7161,10830,5689,276
2022-04-20$32.49$28.0036.5%10.5%39.4%21.6%36.5%4.0%5.1%1.4M-61.3M-222.2K0.3154.53N/AN/A2,47276431,1219,639
2022-04-21$31.25$28.0037.7%10.8%41.2%24.3%38.9%3.0%5.2%1.4M-51.2M-224.7K0.7147.44N/AN/A1,5961,13431,2659,804
2022-04-22$30.92$28.0039.8%11.4%41.3%29.2%39.8%3.4%4.1%1.4M-48.4M-228.4K1.4161.78N/AN/A9581,35131,6469,924
2022-04-25$31.85$28.0041.6%11.9%42.2%33.3%41.7%4.1%6.1%1.4M-56.4M-229.1K0.7057.53N/AN/A1,8151,26731,81910,230
2022-04-26$30.54$28.0043.7%12.5%45.2%38.3%44.1%5.5%3.1%1.4M-45.0M-229.2K0.5756.36N/AN/A1,57289632,64610,724
2022-04-27$30.34$28.0043.6%12.5%44.3%38.1%44.9%5.9%3.4%1.4M-42.8M-226.2K2.1664.26N/AN/A10622932,61610,754
2022-04-28$30.79$28.0040.4%11.6%44.0%30.5%39.3%5.5%3.8%1.5M-47.2M-227.2K0.8566.37N/AN/A89175832,63310,764
2022-04-29$30.78$28.0042.2%12.1%44.0%34.7%41.8%5.7%3.1%1.5M-47.2M-225.7K1.2940.27N/AN/A71992532,72010,769