BOX Options History — June 2023

In June 2023, BOX traded between $28.44 and $30.06. ATM implied volatility averaged 24.6%, placing in the 3.4% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 3.5% (HV 20d: 21.2%). Max pain ranged from $27.00 to $29.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.48.

Notable Days

  • 2023-06-02: Highest Volume — 8,196 contracts
  • 2023-06-12: Largest IV spike — 30.6% change
  • 2023-06-12: Highest IV Rank — 19.9%
  • 2023-06-12: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.14$28.44$30.06$28.44$29.41
Max Pain$28.52$27.00$29.00$27.00$29.00
ATM IV24.6%21.6%32.6%24.8%22.0%
Expected Move6.8%6.2%7.4%7.1%6.3%
HV 20d21.2%18.7%23.2%19.7%21.8%
HV 60d20.4%19.1%21.2%20.9%19.1%
IV Rank3.4%0.0%19.9%0.0%1.0%
IV Percentile2.7%0.0%27.4%0.0%0.4%
Term Structure2.9%0.0%5.5%1.0%3.0%
VWIV23.7%21.9%25.6%24.1%21.9%
Skew 25d2.3%0.3%4.0%2.3%0.9%
Skew 10d6.2%-1.0%15.6%10.5%1.1%
Call IV 25d23.1%20.5%25.3%24.4%21.7%
Put IV 25d25.4%22.7%27.7%26.7%22.7%
Bid-Ask Spread %43.5014.5376.2440.6551.21
Gamma HHI0.230.150.410.190.20
Net GEX1.4M368.1K3.0M1.1M795.1K
Net DEX-14.3M-25.4M-5.8M-11.4M-11.7M
Net VEX-105.6K-116.1K-96.2K-108.7K-107.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.032.320.180.10
Total Volume1,837.3331228,1962,666988
Total OI32,208.8121,76540,39736,17924,970

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$28.44$27.0024.8%7.1%19.7%0.0%24.1%2.3%1.0%1.1M-11.4M-108.7K0.1840.65N/AN/A2,25740923,77412,405
2023-06-02$29.14$27.0024.8%7.1%20.7%0.1%25.4%2.5%0.0%1.5M-18.2M-111.2K0.1045.53N/AN/A7,42177523,55112,445
2023-06-05$28.74$28.0027.1%7.1%20.3%5.9%25.4%2.7%4.3%1.7M-15.5M-113.5K0.8063.82N/AN/A1,2921,03227,28112,281
2023-06-06$29.30$28.0025.7%7.1%21.0%2.5%23.9%3.5%4.8%2.2M-20.8M-116.1K0.3633.25N/AN/A73226227,27112,603
2023-06-07$28.63$28.0025.9%6.8%23.1%2.9%25.2%3.8%5.4%1.7M-13.3M-111.5K0.4643.12N/AN/A2,01792427,37512,769
2023-06-08$28.95$28.0027.0%6.8%23.2%5.6%23.5%3.5%5.5%1.9M-16.1M-109.0K0.4141.49N/AN/A36415026,85612,310
2023-06-09$28.94$28.0024.9%6.8%20.6%0.4%23.2%3.1%5.2%1.9M-15.2M-107.3K0.1128.63N/AN/A95510626,89912,419
2023-06-12$29.34$28.0032.6%7.4%20.8%19.9%25.6%1.7%3.6%2.4M-19.9M-104.4K0.1435.47N/AN/A2,38533926,77712,526
2023-06-13$29.59$29.0030.2%7.0%20.4%13.9%24.6%3.1%5.0%2.8M-22.9M-106.5K0.1849.17N/AN/A1,24322327,66612,731
2023-06-14$29.80$29.0024.6%7.0%19.9%0.0%24.6%1.3%4.9%3.0M-25.0M-104.8K0.0371.91N/AN/A4,67915927,46812,877
2023-06-15$30.06$29.0024.5%7.0%18.7%0.0%24.7%2.4%3.1%2.1M-25.4M-104.3K0.0359.71N/AN/A1,9636525,42112,990
2023-06-16$29.79$29.0022.2%6.4%19.2%0.0%23.0%2.1%2.0%2.2M-22.8M-103.8K0.0860.26N/AN/A2,33918925,56913,022
2023-06-20$29.20$29.0023.7%6.8%20.6%3.5%23.2%1.9%0.8%518.9K-8.9M-99.3K1.5328.96N/AN/A37957913,4888,277
2023-06-21$28.59$29.0021.6%6.2%22.3%0.0%22.0%4.0%2.0%368.1K-5.8M-96.2K2.3226.11N/AN/A25258513,6998,359
2023-06-22$28.96$29.0022.1%6.3%22.0%1.3%22.9%1.8%1.7%477.8K-7.5M-100.2K1.5918.30N/AN/A35155813,8528,463
2023-06-23$28.91$29.0022.1%6.3%21.9%1.3%22.2%1.4%1.8%447.2K-7.0M-102.0K0.1044.24N/AN/A1431514,0698,972
2023-06-26$28.74$29.0022.1%6.3%22.1%1.4%23.2%0.3%1.1%411.6K-6.1M-99.8K0.5829.97N/AN/A774514,1098,983
2023-06-27$29.13$29.0023.2%6.7%21.9%3.9%22.9%2.7%1.5%512.4K-8.2M-100.5K0.1150.91N/AN/A1,08911614,1369,003
2023-06-28$29.01$29.0023.5%6.7%22.0%4.6%23.1%1.3%1.2%592.4K-8.6M-105.0K0.6214.53N/AN/A31519515,0819,087
2023-06-29$29.26$29.0022.6%6.5%22.1%2.6%23.3%1.8%2.1%676.0K-9.9M-106.7K0.1976.24N/AN/A5189915,3159,236
2023-06-30$29.41$29.0022.0%6.3%21.8%1.0%21.9%0.9%3.0%795.1K-11.7M-107.1K0.1051.21N/AN/A9028615,7489,222