BOX Options History — July 2023

In July 2023, BOX traded between $28.38 and $31.48. ATM implied volatility averaged 23.9%, placing in the 5.6% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 3.7% (HV 20d: 20.2%). Max pain ranged from $28.00 to $30.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.37.

Notable Days

  • 2023-07-27: Highest Volume — 3,233 contracts
  • 2023-07-21: Largest IV drop — 7.4% change
  • 2023-07-11: Highest IV Rank — 10.3%
  • 2023-07-11: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.30$28.38$31.48$29.44$31.16
Max Pain$29.40$28.00$30.00$29.00$30.00
ATM IV23.9%21.7%25.9%21.7%24.6%
Expected Move6.9%6.2%7.3%6.2%7.1%
HV 20d20.2%18.0%22.3%20.1%19.8%
HV 60d20.3%19.0%21.1%19.0%20.2%
IV Rank5.6%0.3%10.3%0.3%7.3%
IV Percentile5.9%0.4%10.7%0.4%10.7%
Term Structure4.6%1.2%6.5%2.8%6.2%
VWIV24.4%21.5%26.1%21.5%24.8%
Skew 25d2.2%0.8%3.2%1.9%1.9%
Skew 10d7.2%0.3%14.6%0.3%8.8%
Call IV 25d23.6%21.5%25.1%21.5%25.1%
Put IV 25d25.8%23.4%27.3%23.4%27.0%
Bid-Ask Spread %46.4918.8477.9836.3746.23
Gamma HHI0.210.130.310.220.15
Net GEX930.5K369.9K1.9M796.6K788.3K
Net DEX-16.6M-28.2M-4.2M-11.5M-18.4M
Net VEX-100.4K-105.8K-96.2K-105.8K-102.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.013.040.070.02
Total Volume1,020.951443,233144611
Total OI25,019.2521,14128,15025,19023,035

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$29.44$29.0021.7%6.2%20.1%0.3%21.5%1.9%2.8%796.6K-11.5M-105.8K0.0736.37N/AN/A1341015,9169,274
2023-07-05$28.95$29.0023.1%6.6%20.4%3.7%23.1%1.5%1.2%625.0K-8.2M-102.3K0.3257.85N/AN/A99331915,9919,274
2023-07-06$28.55$30.0023.6%7.0%19.7%4.9%24.6%1.9%3.9%458.7K-5.4M-101.0K1.2357.43N/AN/A21025816,0869,414
2023-07-07$28.38$30.0023.7%7.2%18.0%5.1%24.2%2.5%2.7%369.9K-4.2M-98.9K0.4957.55N/AN/A39919516,0589,494
2023-07-10$28.68$30.0024.3%7.0%18.0%6.6%24.5%2.8%3.7%497.8K-5.9M-98.6K0.2929.87N/AN/A42612516,1649,556
2023-07-11$29.41$30.0025.9%7.3%20.1%10.3%25.1%3.2%2.7%821.9K-11.2M-99.7K0.3129.38N/AN/A43613616,2919,528
2023-07-12$29.71$30.0024.2%6.9%19.9%6.2%24.4%2.9%3.7%997.8K-14.3M-100.0K0.1938.24N/AN/A1,06419916,6009,601
2023-07-13$30.52$29.0023.6%6.8%21.8%4.8%24.3%1.5%4.2%1.3M-20.8M-98.0K0.2631.19N/AN/A1,23732016,6959,720
2023-07-14$30.63$29.0023.7%6.8%21.7%5.1%25.1%3.1%4.7%1.3M-20.7M-96.2K0.0459.84N/AN/A9624216,3609,601
2023-07-17$31.16$29.0024.2%6.9%22.3%6.3%26.1%1.5%4.7%1.6M-25.4M-99.3K0.0525.05N/AN/A1,2846716,9169,627
2023-07-18$31.48$28.0025.2%7.2%22.1%8.5%25.1%2.9%5.1%1.8M-28.2M-96.9K0.0847.47N/AN/A8626517,0859,649
2023-07-19$31.45$28.0025.3%7.3%20.5%8.9%25.4%1.4%4.8%1.9M-27.6M-98.3K0.1834.24N/AN/A1,20621317,1509,706
2023-07-20$30.84$28.0024.7%7.1%20.2%7.4%24.7%1.5%5.1%1.3M-23.4M-102.2K0.1860.65N/AN/A68112317,7549,877
2023-07-21$30.69$29.0022.9%6.6%20.2%3.1%24.2%2.1%6.0%997.1K-22.4M-102.3K0.1633.09N/AN/A1,22819718,1949,956
2023-07-24$30.84$30.0023.1%6.6%20.1%3.7%24.8%3.2%5.8%545.9K-15.9M-98.3K0.0145.04N/AN/A982512,7378,479
2023-07-25$31.19$30.0023.5%6.7%20.0%4.6%23.9%1.9%6.5%589.9K-16.9M-98.0K0.0718.84N/AN/A1,3139112,6658,476
2023-07-26$31.02$30.0024.0%6.9%20.0%5.9%23.3%3.0%5.7%674.2K-17.5M-102.4K0.2370.27N/AN/A1754013,5408,564
2023-07-27$30.94$30.0024.1%6.9%19.9%6.1%25.0%1.9%6.0%658.7K-17.2M-102.6K0.1473.19N/AN/A2,82840513,6018,569
2023-07-28$30.95$30.0023.1%6.6%19.8%3.5%23.5%0.8%6.2%717.2K-16.9M-104.9K3.0477.98N/AN/A14343514,2368,946
2023-07-31$31.16$30.0024.6%7.1%19.8%7.3%24.8%1.9%6.2%788.3K-18.4M-102.0K0.0246.23N/AN/A5991214,2678,768