BOX Options History — August 2022

In August 2022, BOX traded between $25.81 and $31.02. ATM implied volatility averaged 38.0%, placing in the 19.8% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 11.2% (HV 20d: 26.8%). Max pain ranged from $26.00 to $29.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.68.

Notable Days

2022-08-25: Highest Volume — 10,446 contracts
2022-08-25: Largest IV drop — 24.3% change
2022-08-24: Highest IV Rank — 39.5%
2022-08-24: Largest Expected Move — 13.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$29.34	$25.81	$31.02	$28.94	$25.81
Max Pain	$27.52	$26.00	$29.00	$26.00	$29.00
ATM IV	38.0%	31.4%	45.9%	36.0%	35.7%
Expected Move	11.3%	9.3%	13.2%	10.3%	10.2%
HV 20d	26.8%	21.4%	33.0%	31.3%	27.3%
HV 60d	41.3%	37.9%	45.1%	45.1%	38.9%
IV Rank	19.8%	3.4%	39.5%	14.8%	14.0%
IV Percentile	42.5%	3.2%	83.7%	30.6%	29.8%
Term Structure	-1.0%	-6.3%	6.5%	4.4%	0.8%
VWIV	39.8%	33.3%	46.7%	34.7%	35.9%
Skew 25d	6.0%	3.4%	9.3%	5.3%	5.4%
Skew 10d	14.1%	1.5%	36.7%	9.9%	4.7%
Call IV 25d	36.8%	30.4%	41.7%	33.9%	32.8%
Put IV 25d	42.8%	35.2%	48.3%	39.2%	38.3%
Bid-Ask Spread %	42.77	28.41	64.86	56.36	52.73
Gamma HHI	0.23	0.15	0.51	0.15	0.16
Net GEX	1.4M	-64.3K	2.5M	1.3M	-64.3K
Net DEX	-28.6M	-46.4M	4.3M	-29.6M	4.3M
Net VEX	-163.0K	-209.0K	-116.8K	-190.8K	-119.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.68	0.02	5.18	0.10	0.69
Total Volume	3,068.826	232	10,446	7,548	3,052
Total OI	37,996.87	31,607	42,915	38,124	39,344

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-08-01	$28.94	$26.00	36.0%	10.3%	31.3%	14.8%	34.7%	5.3%	4.4%	1.3M	-29.6M	-190.8K	0.10	56.36	N/A	N/A	6,842	706	28,778	9,346
2022-08-02	$28.79	$26.00	34.5%	9.9%	31.4%	11.1%	35.9%	5.7%	5.3%	1.6M	-31.0M	-196.5K	0.19	54.73	N/A	N/A	4,126	773	31,424	9,434
2022-08-03	$29.76	$26.00	32.3%	9.3%	33.0%	5.6%	35.2%	4.9%	6.5%	2.1M	-41.8M	-209.0K	0.20	57.10	N/A	N/A	4,694	949	33,435	9,480
2022-08-04	$29.96	$27.00	32.9%	11.4%	32.7%	7.2%	39.6%	6.0%	-1.2%	1.6M	-36.6M	-179.7K	0.26	42.31	N/A	N/A	4,009	1,035	28,263	9,752
2022-08-05	$29.85	$27.00	31.4%	11.3%	32.6%	3.4%	40.7%	5.3%	-1.3%	1.7M	-35.7M	-178.4K	0.24	41.69	N/A	N/A	4,014	955	28,389	9,750
2022-08-08	$30.15	$27.00	33.5%	11.7%	31.6%	8.5%	41.7%	6.6%	-2.2%	1.8M	-37.9M	-174.8K	0.26	47.79	N/A	N/A	4,140	1,094	28,370	9,768
2022-08-09	$29.90	$27.00	34.0%	11.7%	22.9%	9.9%	44.1%	6.9%	-2.0%	1.7M	-35.9M	-171.9K	0.96	43.45	N/A	N/A	536	516	28,426	9,935
2022-08-10	$30.52	$27.00	40.4%	11.6%	22.6%	25.7%	40.7%	5.7%	-2.9%	1.8M	-40.6M	-176.5K	0.79	37.42	N/A	N/A	647	513	28,174	10,327
2022-08-11	$30.52	$27.00	40.0%	11.5%	21.6%	24.7%	40.5%	7.2%	-1.5%	1.8M	-40.9M	-176.8K	0.23	45.48	N/A	N/A	469	109	28,246	10,697
2022-08-12	$30.63	$27.00	39.6%	11.4%	21.5%	23.8%	41.6%	6.3%	-1.0%	1.9M	-42.1M	-174.7K	0.20	39.84	N/A	N/A	193	39	28,288	10,689
2022-08-15	$30.97	$27.00	40.3%	11.5%	21.5%	25.4%	40.7%	5.3%	-2.9%	2.0M	-45.6M	-168.8K	0.12	32.61	N/A	N/A	1,104	137	28,300	10,693
2022-08-16	$30.99	$27.00	40.6%	11.6%	21.4%	26.2%	41.8%	7.2%	-2.5%	2.1M	-45.3M	-169.2K	0.13	33.87	N/A	N/A	528	70	28,230	10,732
2022-08-17	$30.41	$27.00	42.6%	12.2%	22.7%	31.2%	41.2%	6.8%	-3.0%	2.2M	-41.4M	-164.3K	0.16	64.86	N/A	N/A	468	73	28,486	10,758
2022-08-18	$31.02	$28.00	41.6%	11.9%	22.5%	28.6%	42.0%	5.5%	-2.3%	2.5M	-46.4M	-162.0K	0.02	42.75	N/A	N/A	3,507	68	28,452	10,801
2022-08-19	$30.20	$28.00	41.6%	11.9%	24.6%	28.9%	43.3%	9.3%	-2.9%	2.0M	-37.8M	-158.3K	0.22	64.18	N/A	N/A	1,701	378	28,532	10,846
2022-08-22	$29.46	$28.00	44.9%	12.9%	26.4%	37.0%	46.7%	6.0%	-4.8%	848.0K	-20.9M	-153.7K	5.18	32.60	N/A	N/A	169	876	21,912	9,695
2022-08-23	$29.51	$28.00	43.1%	12.4%	25.2%	32.5%	43.9%	6.7%	-3.9%	830.1K	-20.9M	-150.1K	0.78	33.16	N/A	N/A	600	465	21,966	10,103
2022-08-24	$29.31	$28.00	45.9%	13.2%	24.3%	39.5%	45.2%	6.8%	-6.3%	821.5K	-19.8M	-153.6K	0.94	28.47	N/A	N/A	2,901	2,741	22,213	10,365
2022-08-25	$28.16	$29.00	34.8%	10.0%	28.2%	11.8%	33.3%	4.7%	0.2%	504.4K	-9.4M	-142.4K	0.81	32.83	N/A	N/A	5,758	4,688	23,791	12,764
2022-08-26	$27.31	$29.00	36.2%	10.4%	30.2%	15.2%	34.2%	4.8%	-0.0%	344.0K	-4.8M	-135.5K	0.97	28.41	N/A	N/A	869	840	25,423	12,947
2022-08-29	$26.62	$29.00	35.8%	10.3%	30.2%	14.3%	35.4%	3.4%	0.4%	167.2K	-734.7K	-125.7K	1.22	36.95	N/A	N/A	664	809	25,457	12,995
2022-08-30	$26.12	$29.00	36.5%	10.5%	30.7%	16.2%	36.5%	5.3%	-0.0%	17.6K	2.9M	-116.8K	0.87	34.16	N/A	N/A	939	819	24,809	13,343
2022-08-31	$25.81	$29.00	35.7%	10.2%	27.3%	14.0%	35.9%	5.4%	0.8%	-64.3K	4.3M	-119.3K	0.69	52.73	N/A	N/A	1,804	1,248	25,321	14,023