BOX Options History — August 2023

In August 2023, BOX traded between $26.48 and $31.13. ATM implied volatility averaged 31.3%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 10.9% (HV 20d: 20.4%). Max pain ranged from $29.00 to $30.00. Net GEX was positive for 21 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.92.

Notable Days

  • 2023-08-30: Highest Volume — 8,864 contracts
  • 2023-08-30: Largest IV drop — 44.4% change
  • 2023-08-29: Highest IV Rank — 45.4%
  • 2023-08-29: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.12$26.48$31.13$31.07$26.48
Max Pain$29.13$29.00$30.00$30.00$29.00
ATM IV31.3%21.3%40.7%23.6%21.3%
Expected Move9.3%6.1%11.7%6.8%6.1%
HV 20d20.4%16.1%46.6%19.9%46.6%
HV 60d20.8%18.8%31.5%20.2%31.5%
IV Rank23.1%0.0%45.4%4.7%0.0%
IV Percentile39.6%0.0%85.3%6.0%0.0%
Term Structure-2.9%-11.1%6.2%6.2%1.8%
VWIV32.2%19.5%40.8%23.8%19.5%
Skew 25d3.2%0.3%5.0%0.8%1.7%
Skew 10d7.2%-3.4%14.2%7.2%3.1%
Call IV 25d30.9%20.6%39.8%24.9%20.6%
Put IV 25d34.0%22.3%40.2%25.7%22.3%
Bid-Ask Spread %45.3311.9976.3676.3631.23
Gamma HHI0.170.140.260.160.20
Net GEX499.4K-804.6K1.0M842.3K-674.4K
Net DEX-11.6M-18.6M10.7M-18.6M10.7M
Net VEX-102.6K-108.8K-79.1K-100.2K-79.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.154.710.230.57
Total Volume1,352.3042318,8641,6603,378
Total OI25,207.56522,42731,15923,19831,159

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$31.07$30.0023.6%6.8%19.9%4.7%23.8%0.8%6.2%842.3K-18.6M-100.2K0.2376.36N/AN/A1,34531514,4258,773
2023-08-02$30.41$30.0027.1%7.8%20.6%13.1%27.1%1.9%5.1%635.4K-14.2M-108.8K0.5861.99N/AN/A50629514,9169,082
2023-08-03$30.37$29.0027.2%9.1%19.7%13.4%31.4%4.6%-1.3%661.3K-14.1M-108.5K2.9752.91N/AN/A16248115,0809,061
2023-08-04$30.54$29.0025.0%9.0%19.5%8.1%31.1%3.6%-1.3%620.3K-14.4M-108.2K1.2131.45N/AN/A28134015,1099,475
2023-08-07$31.13$29.0025.2%9.2%20.1%8.7%31.7%4.4%-1.4%658.5K-18.1M-108.4K0.5558.76N/AN/A30216715,2679,790
2023-08-08$30.57$29.0025.1%9.3%20.0%8.3%32.8%4.5%-2.3%536.1K-13.9M-107.3K0.6021.17N/AN/A41124515,3349,841
2023-08-09$30.31$29.0032.1%9.2%20.0%25.0%31.9%4.0%-1.2%522.1K-12.6M-105.9K0.4727.49N/AN/A37017315,3419,733
2023-08-10$30.29$29.0033.0%9.5%17.5%27.1%32.8%3.5%-2.6%510.7K-12.1M-105.9K0.2322.01N/AN/A57813515,4069,807
2023-08-11$30.36$29.0033.4%9.6%17.5%27.9%33.0%5.0%-2.9%486.6K-12.1M-105.4K0.5741.11N/AN/A1478415,4489,888
2023-08-14$30.79$29.0032.7%9.4%17.1%26.5%32.9%4.2%-2.2%509.2K-15.7M-102.4K0.5529.22N/AN/A48826615,5759,925
2023-08-15$30.27$29.0033.9%9.7%17.6%29.1%33.4%3.4%-2.8%511.1K-11.5M-101.8K0.6522.02N/AN/A25816815,70310,076
2023-08-16$30.26$29.0034.4%9.9%17.6%30.4%33.4%4.1%-3.0%547.4K-11.4M-102.0K0.7163.79N/AN/A55539415,78010,014
2023-08-17$29.96$29.0034.0%9.7%16.6%29.4%33.5%3.3%-3.2%779.8K-9.7M-103.2K0.1562.87N/AN/A3415116,13910,109
2023-08-18$30.16$29.0035.5%10.2%16.8%33.0%34.7%3.2%-5.3%1.0M-11.7M-102.8K0.2665.67N/AN/A44811716,33110,133
2023-08-21$30.24$29.0035.8%10.3%16.7%33.7%38.1%3.2%-5.2%561.6K-13.1M-102.0K4.7119.93N/AN/A2611,22813,6828,745
2023-08-22$30.18$29.0035.9%10.3%16.1%33.8%35.6%2.9%-6.3%547.4K-12.8M-101.3K1.0065.93N/AN/A21821713,7699,302
2023-08-23$30.29$29.0035.1%10.1%16.1%32.1%35.3%3.5%-6.1%556.9K-13.1M-102.3K1.3964.59N/AN/A15020913,9129,470
2023-08-24$30.20$29.0036.1%10.4%16.1%34.5%35.5%2.7%-6.8%540.8K-12.6M-102.3K0.4567.34N/AN/A52323413,9699,577
2023-08-25$30.55$29.0033.5%9.6%16.7%28.2%34.2%3.6%-6.8%633.0K-14.6M-106.5K0.6543.46N/AN/A36423614,4589,851
2023-08-28$30.52$29.0036.6%10.5%16.5%35.6%36.5%2.5%-8.9%631.3K-14.6M-104.9K0.4560.70N/AN/A65129114,59010,037
2023-08-29$30.70$29.0040.7%11.7%16.7%45.4%40.8%0.3%-11.1%656.0K-16.1M-107.3K0.8540.69N/AN/A2,6272,22914,90910,174
2023-08-30$27.16$30.0022.7%6.5%46.1%2.6%22.5%1.9%0.5%-804.6K10.7M-84.0K1.3111.99N/AN/A3,8345,03016,55814,051
2023-08-31$26.48$29.0021.3%6.1%46.6%0.0%19.5%1.7%1.8%-674.4K10.7M-79.1K0.5731.23N/AN/A2,1531,22518,12913,030