BOX Options History — May 2022

In May 2022, BOX traded between $25.57 and $31.73. ATM implied volatility averaged 49.3%, placing in the 51.3% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded above realized volatility by 5.0% (HV 20d: 44.3%). Max pain ranged from $27.00 to $28.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.97.

Notable Days

  • 2022-05-11: Highest Volume — 10,853 contracts
  • 2022-05-26: Largest IV drop — 33.6% change
  • 2022-05-25: Highest IV Rank — 77.9%
  • 2022-05-25: Largest Expected Move — 17.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.11$25.57$31.73$30.15$26.18
Max Pain$27.81$27.00$28.00$28.00$27.00
ATM IV49.3%37.6%60.8%44.0%42.1%
Expected Move14.3%10.8%17.4%12.6%12.1%
HV 20d44.3%39.9%50.0%44.1%50.0%
HV 60d41.2%37.9%44.4%38.3%44.3%
IV Rank51.3%24.1%77.9%39.0%34.6%
IV Percentile84.8%51.6%98.4%78.6%68.7%
Term Structure-4.3%-10.5%5.4%4.4%-2.7%
VWIV50.1%41.0%63.2%45.1%41.1%
Skew 25d8.4%5.4%12.1%6.3%8.3%
Skew 10d16.8%5.8%28.7%12.6%12.2%
Call IV 25d46.2%36.5%58.3%41.3%37.9%
Put IV 25d54.6%41.9%66.5%47.6%46.2%
Bid-Ask Spread %50.9626.4770.3359.6253.99
Gamma HHI0.140.100.190.140.10
Net GEX1.1M592.9K1.6M1.4M592.9K
Net DEX-23.0M-56.7M-5.1M-40.6M-5.1M
Net VEX-197.6K-219.7K-168.5K-219.7K-168.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.131.670.810.66
Total Volume4,461.9051,93010,8532,0732,068
Total OI46,278.61941,02850,88043,65347,995

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$30.15$28.0044.0%12.6%44.1%39.0%45.1%6.3%4.4%1.4M-40.6M-219.7K0.8159.62N/AN/A1,14692732,76410,889
2022-05-03$30.65$28.0042.1%12.1%43.9%34.5%42.0%6.1%4.8%1.5M-46.1M-216.8K0.6765.88N/AN/A1,23182832,74210,841
2022-05-04$31.73$28.0039.3%11.3%44.6%27.9%41.2%5.4%5.4%1.6M-56.7M-218.9K0.8070.33N/AN/A1,07585532,98510,880
2022-05-05$30.03$28.0046.3%14.1%46.5%44.3%49.4%7.4%-6.3%1.5M-40.4M-213.7K0.8252.27N/AN/A1,5691,29333,14010,963
2022-05-06$29.43$28.0044.8%14.5%44.7%40.8%49.1%9.2%-5.7%1.4M-33.5M-210.8K1.1850.76N/AN/A1,0671,25832,93811,477
2022-05-09$28.93$28.0052.9%15.2%45.1%59.6%53.5%8.1%-7.3%1.2M-29.2M-202.1K1.6648.79N/AN/A8231,36932,70611,446
2022-05-10$28.84$28.0051.5%14.9%42.7%56.5%51.8%8.3%-6.7%1.3M-28.0M-199.9K1.2450.85N/AN/A1,0181,25832,57311,562
2022-05-11$28.21$28.0053.9%15.4%41.8%61.9%50.3%11.1%-7.7%1.1M-20.5M-187.5K0.1354.89N/AN/A9,6311,22232,45811,554
2022-05-12$27.51$28.0054.0%15.5%39.9%62.3%55.1%10.0%-7.8%1.1M-17.6M-202.3K1.1650.15N/AN/A2,2252,58136,94411,580
2022-05-13$28.60$28.0051.5%14.8%42.4%56.4%51.8%9.5%-6.2%1.4M-27.3M-216.0K0.9746.68N/AN/A2,4452,37636,47312,635
2022-05-16$28.15$28.0050.4%14.5%41.6%53.9%50.8%7.8%-3.8%1.2M-21.9M-201.7K0.9362.56N/AN/A2,7822,58936,55712,483
2022-05-17$28.46$28.0048.0%13.7%40.6%48.2%49.0%7.8%-3.3%1.4M-25.1M-205.5K0.8258.20N/AN/A2,7292,24336,54412,533
2022-05-18$26.99$28.0053.5%15.3%43.5%61.0%51.7%9.8%-6.9%733.7K-9.7M-190.2K0.5556.83N/AN/A3,2001,76537,25913,459
2022-05-19$27.64$28.0052.2%15.0%43.5%57.9%52.4%8.5%-5.1%801.2K-14.9M-193.5K0.5451.20N/AN/A2,8711,54837,47213,261
2022-05-20$26.37$28.0054.7%15.7%45.9%63.7%52.5%8.5%-6.7%787.2K-5.1M-176.1K0.4154.79N/AN/A6,8412,77237,72313,157
2022-05-23$26.39$28.0056.4%16.2%43.8%67.7%55.8%8.6%-8.3%854.4K-14.1M-181.9K1.0447.94N/AN/A3,1823,31231,7329,296
2022-05-24$25.57$28.0058.9%16.9%43.0%73.5%61.6%12.1%-9.6%619.5K-6.6M-172.3K1.2731.69N/AN/A1,9782,50431,81110,532
2022-05-25$26.13$27.0060.8%17.4%44.3%77.9%63.2%8.1%-10.5%692.9K-11.3M-185.9K1.4426.47N/AN/A2,6043,74132,38412,048
2022-05-26$27.61$27.0040.4%11.6%49.0%30.5%43.6%8.2%-1.3%1.0M-19.4M-204.4K1.6637.53N/AN/A2,0653,43433,33014,748
2022-05-27$26.69$27.0037.6%10.8%50.0%24.1%41.0%6.5%0.2%776.1K-10.0M-181.1K1.6738.69N/AN/A1,2282,04733,62514,352
2022-05-31$26.18$27.0042.1%12.1%50.0%34.6%41.1%8.3%-2.7%592.9K-5.1M-168.5K0.6653.99N/AN/A1,24582333,67814,317