BOX Options History — November 2022

In November 2022, BOX traded between $26.87 and $29.05. ATM implied volatility averaged 41.3%, placing in the 27.3% IV rank vs the trailing year. The 30-day expected move averaged 12.1%. IV traded above realized volatility by 10.9% (HV 20d: 30.4%). 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 2 of 21 days. Put/call ratio averaged 1.98.

Notable Days

  • 2022-11-18: Highest Volume — 6,034 contracts
  • 2022-11-09: Largest IV spike — 12.4% change
  • 2022-11-30: Highest IV Rank — 49.8%
  • 2022-11-30: Largest Expected Move — 14.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.07$26.87$29.05$28.86$27.30
Max Pain$27.90$27.00$28.00$27.00$28.00
ATM IV41.3%34.7%50.2%36.0%50.2%
Expected Move12.1%10.2%14.4%10.3%14.4%
HV 20d30.4%25.1%33.8%30.4%31.3%
HV 60d35.9%34.9%37.5%34.9%35.5%
IV Rank27.3%10.9%49.8%14.0%49.8%
IV Percentile58.9%15.1%91.3%23.8%91.3%
Term Structure-4.3%-11.9%5.4%4.9%-11.9%
VWIV43.5%35.6%51.6%38.2%51.6%
Skew 25d6.6%5.1%9.2%5.1%6.2%
Skew 10d12.7%2.9%21.3%5.0%7.7%
Call IV 25d39.6%33.6%47.7%34.3%47.7%
Put IV 25d46.2%38.9%53.9%39.5%53.9%
Bid-Ask Spread %50.7024.1171.8142.1664.25
Gamma HHI0.200.170.240.210.21
Net GEX472.0K225.7K702.1K645.2K306.9K
Net DEX-11.5M-17.6M-4.5M-17.2M-6.6M
Net VEX-108.7K-119.5K-95.5K-119.5K-97.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.980.145.811.511.24
Total Volume2,874.7623036,0342,3303,376
Total OI33,029.76231,07535,22931,11233,635

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$28.86$27.0036.0%10.3%30.4%14.0%38.2%5.1%4.9%645.2K-17.2M-119.5K1.5142.16N/AN/A9271,40320,35210,760
2022-11-02$28.08$27.0035.6%10.2%30.5%13.0%35.6%5.4%5.4%531.4K-12.9M-114.0K2.3352.81N/AN/A6121,42320,36710,708
2022-11-03$27.55$28.0034.7%11.5%31.3%10.9%44.1%6.3%-2.1%486.4K-9.9M-112.4K5.8155.77N/AN/A5863,40320,39210,731
2022-11-04$27.26$28.0036.1%11.9%28.1%14.3%43.6%7.9%-2.3%340.9K-7.0M-113.7K5.4040.74N/AN/A6233,36420,42012,286
2022-11-07$27.26$28.0037.9%12.2%25.9%18.9%46.6%7.3%-3.3%327.0K-6.8M-107.5K3.4251.06N/AN/A7622,60420,43712,354
2022-11-08$27.78$28.0037.0%12.0%25.1%16.7%40.0%7.5%-3.5%424.4K-9.8M-109.8K1.6127.30N/AN/A8361,34620,56912,420
2022-11-09$26.87$28.0041.6%11.9%28.4%28.2%40.9%5.4%-2.8%225.7K-4.5M-103.3K2.0648.43N/AN/A6771,39220,66212,501
2022-11-10$28.29$28.0040.8%11.7%33.4%26.3%40.6%6.1%-2.4%550.0K-13.3M-116.3K1.8756.97N/AN/A8331,55420,77812,556
2022-11-11$28.94$28.0040.5%11.6%33.8%25.4%40.7%6.5%-3.3%663.6K-16.7M-115.6K1.8236.72N/AN/A8351,52020,89812,725
2022-11-14$29.01$28.0042.3%12.1%30.4%29.9%41.4%5.4%-4.0%681.7K-17.3M-111.8K1.6661.98N/AN/A8831,46920,88612,891
2022-11-15$29.05$28.0042.9%12.3%30.3%31.4%49.8%6.2%-4.4%702.1K-17.6M-111.4K3.0467.50N/AN/A8962,72220,93312,943
2022-11-16$28.74$28.0042.3%12.1%30.7%30.0%50.3%7.1%-4.1%590.1K-15.3M-113.7K3.8068.75N/AN/A7462,83420,99014,239
2022-11-17$28.16$28.0043.0%12.3%31.7%31.7%49.3%6.6%-4.4%488.7K-11.7M-106.5K2.4053.11N/AN/A1,0702,56920,99113,058
2022-11-18$28.56$28.0041.0%11.7%30.8%26.5%42.9%6.1%-4.5%434.3K-13.8M-104.3K0.5561.74N/AN/A3,8902,14421,07713,101
2022-11-21$28.21$28.0042.4%12.1%31.1%30.1%42.2%7.3%-5.8%405.1K-12.0M-118.1K0.2045.23N/AN/A3,65973721,92212,384
2022-11-22$28.31$28.0042.6%12.2%30.6%30.7%40.9%7.6%-6.0%487.3K-12.2M-106.8K0.3240.34N/AN/A2,84892220,95411,015
2022-11-23$28.13$28.0041.1%11.8%30.6%27.0%39.8%7.0%-6.5%471.0K-11.6M-105.3K0.4624.11N/AN/A1,70278421,19511,226
2022-11-25$28.24$28.0044.2%12.7%30.5%34.6%41.3%6.0%-8.8%491.8K-12.0M-102.9K0.1462.70N/AN/A2663721,30511,304
2022-11-28$27.59$28.0045.8%13.1%31.3%38.6%44.8%9.2%-9.5%355.3K-7.8M-97.0K0.3331.17N/AN/A44514921,38311,335
2022-11-29$27.21$28.0048.9%14.0%31.3%46.6%48.9%6.8%-11.5%303.7K-6.3M-95.5K1.6571.81N/AN/A57494821,54711,395
2022-11-30$27.30$28.0050.2%14.4%31.3%49.8%51.6%6.2%-11.9%306.9K-6.6M-97.1K1.2464.25N/AN/A1,5041,87221,88411,751