BOX Options History — July 2022

In July 2022, BOX traded between $25.84 and $28.40. ATM implied volatility averaged 39.0%, placing in the 22.4% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded below realized volatility by 6.7% (HV 20d: 45.8%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.92.

Notable Days

  • 2022-07-08: Highest Volume — 4,222 contracts
  • 2022-07-11: Largest IV spike — 27.7% change
  • 2022-07-12: Highest IV Rank — 47.2%
  • 2022-07-12: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.12$25.84$28.40$25.84$28.40
Max Pain$25.75$25.00$26.00$26.00$26.00
ATM IV39.0%32.8%49.0%38.7%32.8%
Expected Move11.0%9.4%12.0%11.1%9.4%
HV 20d45.8%31.8%55.3%52.5%31.8%
HV 60d46.4%45.4%48.5%48.5%45.5%
IV Rank22.4%6.9%47.2%21.6%6.9%
IV Percentile48.5%9.9%90.1%50.8%9.9%
Term Structure3.0%1.7%5.2%1.9%5.2%
VWIV38.3%35.1%42.6%36.6%35.1%
Skew 25d5.8%4.0%6.9%5.8%5.8%
Skew 10d15.8%4.2%32.4%25.2%12.0%
Call IV 25d36.0%30.4%38.9%37.7%30.4%
Put IV 25d41.8%36.2%45.4%43.5%36.2%
Bid-Ask Spread %48.0527.9164.9349.2459.42
Gamma HHI0.140.120.150.130.15
Net GEX908.1K620.7K1.2M620.7K1.2M
Net DEX-18.5M-25.4M-11.4M-13.3M-24.9M
Net VEX-182.0K-195.2K-170.4K-183.0K-186.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.422.051.270.70
Total Volume2,355.81,2534,2222,9681,753
Total OI37,442.8535,24939,75735,80637,974

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$25.84$26.0038.7%11.1%52.5%21.6%36.6%5.8%1.9%620.7K-13.3M-183.0K1.2749.24N/AN/A1,3101,65826,4929,314
2022-07-05$26.14$25.0041.2%11.9%52.0%27.7%38.6%6.9%1.9%663.0K-13.4M-174.5K0.7550.58N/AN/A1,5831,19326,4789,341
2022-07-06$26.28$25.0039.9%11.5%51.3%24.4%41.5%6.8%2.7%729.0K-14.0M-173.9K1.2357.05N/AN/A9471,16826,8119,472
2022-07-07$26.78$25.0038.1%10.9%51.6%20.1%37.4%6.5%3.0%825.3K-17.8M-183.9K1.2947.81N/AN/A1,1511,48226,8119,484
2022-07-08$26.65$25.0036.8%11.0%51.7%16.9%39.9%5.0%2.5%774.1K-16.0M-177.5K0.5057.74N/AN/A2,8131,40927,0439,870
2022-07-11$27.40$25.0047.0%11.3%51.7%42.2%40.0%4.0%2.9%1.0M-22.7M-195.2K0.4356.05N/AN/A2,07289428,9109,869
2022-07-12$25.92$26.0049.0%12.0%55.3%47.2%42.6%6.5%2.9%714.5K-11.4M-170.4K0.6146.15N/AN/A1,7341,05629,20510,048
2022-07-13$26.55$26.0039.0%11.2%51.2%22.3%35.4%5.8%3.0%879.1K-15.7M-176.7K0.6332.96N/AN/A1,24979329,35510,276
2022-07-14$26.22$26.0041.1%11.8%51.2%27.6%35.3%5.9%3.4%806.9K-12.9M-171.2K0.6227.91N/AN/A1,08066829,43010,303
2022-07-15$26.60$26.0038.6%11.1%51.4%21.4%38.1%6.6%3.4%726.1K-14.9M-175.1K0.5464.93N/AN/A1,8681,00129,48310,274
2022-07-18$26.77$26.0039.3%11.3%45.5%22.9%38.5%5.1%1.9%768.2K-15.4M-173.1K0.4245.54N/AN/A1,30954526,7448,505
2022-07-19$27.19$26.0037.9%10.9%43.2%19.6%36.4%5.7%3.4%874.8K-17.4M-176.9K0.5137.88N/AN/A1,27665327,1788,550
2022-07-20$27.71$26.0037.1%10.6%43.4%17.6%38.6%6.4%3.1%997.8K-21.4M-184.9K0.5556.10N/AN/A1,07459527,6568,607
2022-07-21$28.32$26.0036.4%10.4%43.7%15.8%35.4%6.7%3.1%1.1M-25.1M-193.8K1.5734.60N/AN/A1,1401,78527,9568,657
2022-07-22$28.03$26.0037.9%10.9%43.8%19.6%39.6%5.5%2.5%1.0M-23.7M-193.2K1.4145.95N/AN/A1,2531,77128,1989,749
2022-07-25$27.85$26.0038.1%10.9%35.9%20.0%39.7%4.3%3.5%1.1M-22.2M-188.7K2.0550.70N/AN/A8551,75328,6288,878
2022-07-26$27.35$26.0040.1%11.5%36.6%25.1%39.9%5.7%1.7%977.7K-19.1M-182.5K1.1842.83N/AN/A57567828,7038,921
2022-07-27$28.01$26.0036.0%10.3%35.9%14.9%39.3%5.9%3.8%1.1M-23.5M-186.7K1.3958.28N/AN/A55276828,7558,995
2022-07-28$28.38$26.0035.7%10.2%35.9%14.0%37.9%4.7%3.9%1.2M-25.4M-191.5K0.6639.20N/AN/A99565728,7889,146
2022-07-29$28.40$26.0032.8%9.4%31.8%6.9%35.1%5.8%5.2%1.2M-24.9M-186.8K0.7059.42N/AN/A1,03272128,6829,292