BOX Options History — December 2022

In December 2022, BOX traded between $27.86 and $31.44. ATM implied volatility averaged 34.2%, placing in the 9.6% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded below realized volatility by 5.3% (HV 20d: 39.5%). Max pain ranged from $26.00 to $29.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.66.

Notable Days

  • 2022-12-12: Highest Volume — 7,743 contracts
  • 2022-12-12: Largest IV spike — 31.0% change
  • 2022-12-13: Highest IV Rank — 41.8%
  • 2022-12-13: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.11$27.86$31.44$29.23$30.94
Max Pain$28.05$26.00$29.00$28.00$29.00
ATM IV34.2%30.7%47.0%32.9%32.0%
Expected Move9.2%8.8%9.6%9.4%9.2%
HV 20d39.5%32.4%41.6%38.9%35.3%
HV 60d37.9%34.5%39.5%38.0%34.5%
IV Rank9.6%0.8%41.8%6.2%4.1%
IV Percentile16.9%0.8%87.3%7.1%6.0%
Term Structure2.2%-0.9%5.1%-0.8%1.2%
VWIV32.4%29.7%36.1%36.1%31.4%
Skew 25d4.3%2.8%6.2%5.4%4.7%
Skew 10d10.5%4.5%20.1%8.4%14.6%
Call IV 25d30.7%29.3%32.4%31.4%29.7%
Put IV 25d35.0%32.6%36.9%36.9%34.4%
Bid-Ask Spread %53.2230.9768.9953.1140.03
Gamma HHI0.250.190.290.270.23
Net GEX980.7K393.4K1.6M862.7K1.1M
Net DEX-24.3M-39.5M-10.1M-19.9M-25.0M
Net VEX-101.7K-110.5K-91.8K-104.6K-102.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.122.570.781.11
Total Volume1,622.4762267,7433,5521,701
Total OI35,933.90531,83841,66835,53834,722

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$29.23$28.0032.9%9.4%38.9%6.2%36.1%5.4%-0.8%862.7K-19.9M-104.6K0.7853.11N/AN/A1,9991,55322,67912,859
2022-12-02$28.82$28.0031.9%9.2%38.6%3.9%32.1%3.3%-0.9%705.8K-16.7M-99.5K0.5461.51N/AN/A78142522,74812,924
2022-12-05$28.23$26.0033.3%9.4%39.2%7.4%33.2%6.2%3.3%514.7K-12.3M-94.6K0.4357.40N/AN/A35615422,97513,162
2022-12-06$27.89$27.0035.1%9.4%39.5%11.9%32.1%4.5%2.6%393.4K-10.1M-92.0K0.7356.53N/AN/A49335823,06213,218
2022-12-07$27.86$27.0037.0%9.3%38.9%16.6%32.6%5.2%3.5%401.5K-10.3M-91.8K1.3550.35N/AN/A23832223,07313,257
2022-12-08$28.30$27.0036.8%9.4%37.2%16.0%31.9%4.8%3.6%539.1K-12.9M-92.5K0.1657.77N/AN/A63610023,21913,267
2022-12-09$28.27$27.0035.7%9.4%32.4%13.4%32.2%5.0%3.4%557.7K-13.4M-92.2K0.2056.48N/AN/A1883823,41413,331
2022-12-12$29.99$27.0046.8%9.6%37.9%41.2%34.0%3.4%3.1%1.1M-26.4M-95.5K0.2364.74N/AN/A6,2761,46723,51413,347
2022-12-13$31.34$27.0047.0%9.6%40.7%41.8%33.0%4.5%3.5%1.4M-37.7M-100.8K0.1662.81N/AN/A3,22251524,70914,049
2022-12-14$31.44$27.0032.5%9.3%40.7%5.3%32.2%2.8%5.1%1.5M-39.5M-102.3K0.6466.95N/AN/A1,19276725,52114,504
2022-12-15$30.97$28.0032.4%9.3%41.0%5.2%32.5%3.3%1.7%1.6M-34.7M-105.8K0.3461.89N/AN/A1,82562726,03314,978
2022-12-16$31.44$29.0032.1%9.2%40.1%4.4%32.6%4.4%1.4%1.3M-39.1M-107.4K0.4468.99N/AN/A1,02245226,32215,346
2022-12-19$30.69$29.0030.7%8.8%41.3%0.8%30.9%4.4%1.8%991.1K-25.1M-104.3K1.0140.67N/AN/A80181221,76010,078
2022-12-20$31.06$29.0031.4%9.0%41.0%2.5%31.7%4.7%2.5%1.1M-28.3M-109.5K1.5130.97N/AN/A26039322,35910,408
2022-12-21$31.42$29.0030.8%8.8%41.0%1.1%29.7%3.3%2.0%1.1M-30.5M-109.5K0.1443.02N/AN/A1,32718622,49210,736
2022-12-22$30.89$29.0032.2%9.2%41.6%4.7%33.0%4.5%1.4%1.1M-27.1M-110.5K0.1252.20N/AN/A1,22114323,40510,810
2022-12-23$30.99$29.0031.0%8.9%41.6%1.5%31.9%4.6%2.0%1.1M-26.2M-110.3K2.5741.65N/AN/A15339322,85710,934
2022-12-27$30.80$29.0031.9%9.1%40.5%3.9%32.0%4.0%2.1%1.1M-24.6M-105.6K0.1253.41N/AN/A3023522,94611,076
2022-12-28$30.39$29.0033.2%9.5%40.5%7.2%34.2%2.9%1.9%1.0M-21.6M-101.4K0.9957.16N/AN/A25825523,08811,087
2022-12-29$31.39$29.0031.6%9.1%41.6%3.2%31.9%4.2%1.8%1.2M-29.1M-103.1K0.2539.90N/AN/A66316323,16511,178
2022-12-30$30.94$29.0032.0%9.2%35.3%4.1%31.4%4.7%1.2%1.1M-25.0M-102.0K1.1140.03N/AN/A80589623,40611,316