BOX Options History — October 2023

In October 2023, BOX traded between $23.73 and $25.68. ATM implied volatility averaged 28.2%, placing in the 19.0% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 6.8% (HV 20d: 21.4%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.44.

Notable Days

  • 2023-10-11: Highest Volume — 2,525 contracts
  • 2023-10-03: Largest IV spike — 13.5% change
  • 2023-10-20: Highest IV Rank — 25.2%
  • 2023-10-20: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.78$23.73$25.68$24.63$24.88
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV28.2%25.6%30.9%26.6%28.9%
Expected Move8.0%7.2%8.9%7.6%8.3%
HV 20d21.4%18.1%23.3%18.7%23.3%
HV 60d31.0%30.4%31.6%31.4%31.5%
IV Rank19.0%13.1%25.2%15.4%20.8%
IV Percentile32.7%23.4%46.0%25.0%36.5%
Term Structure4.6%-2.3%7.1%-1.7%5.7%
VWIV27.7%25.2%30.4%26.8%29.1%
Skew 25d2.5%0.9%5.0%1.0%2.4%
Skew 10d8.8%-2.1%17.4%-2.1%2.2%
Call IV 25d27.2%25.0%30.3%27.3%28.0%
Put IV 25d29.7%26.8%33.3%28.3%30.4%
Bid-Ask Spread %39.558.7676.4668.938.76
Gamma HHI0.210.160.700.190.17
Net GEX1.0M-2.7M2.2M994.6K759.1K
Net DEX-8.6M-17.8M-134.3K-7.0M-5.8M
Net VEX-107.3K-128.8K-83.2K-114.0K-95.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.031.780.420.71
Total Volume519.9551242,525522251
Total OI35,845.09129,00440,57636,67029,609

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$24.63$25.0026.6%7.6%18.7%15.4%26.8%1.0%-1.7%994.6K-7.0M-114.0K0.4268.93N/AN/A36815428,5608,110
2023-10-03$24.34$25.0030.2%8.7%18.1%23.6%28.4%4.0%-2.3%821.1K-4.7M-110.4K0.7915.72N/AN/A33326228,7998,189
2023-10-04$24.80$25.0027.4%7.9%19.7%17.2%27.1%2.1%0.7%1.1M-8.8M-118.1K0.1121.82N/AN/A3994229,0188,334
2023-10-05$25.09$25.0028.2%7.8%20.3%19.0%26.8%2.5%4.5%1.2M-12.0M-123.7K0.2572.97N/AN/A47212029,3808,370
2023-10-06$25.38$25.0027.1%7.8%20.9%16.6%25.9%1.5%4.0%1.4M-14.8M-128.8K0.0972.02N/AN/A8147629,3338,456
2023-10-09$25.29$25.0028.4%7.7%20.3%19.5%26.6%2.9%4.5%1.4M-13.4M-120.9K0.0873.34N/AN/A115929,4108,474
2023-10-10$25.68$25.0027.0%7.2%21.0%16.3%26.3%1.8%5.2%1.6M-17.8M-124.2K1.7871.32N/AN/A11620629,4838,479
2023-10-11$25.64$25.0025.6%7.3%20.7%13.1%25.9%1.0%5.4%1.6M-17.8M-124.7K0.0976.46N/AN/A2,32220329,5128,660
2023-10-12$25.34$25.0026.1%7.5%21.1%14.3%25.2%1.5%5.1%1.9M-14.8M-119.2K0.0314.30N/AN/A7692131,4708,803
2023-10-13$24.95$25.0026.6%7.6%21.7%15.5%26.6%0.9%5.8%1.5M-10.3M-114.7K0.3732.96N/AN/A1806731,5178,797
2023-10-16$25.55$25.0026.2%7.5%23.3%14.4%26.1%2.5%5.2%2.2M-17.7M-118.4K0.4122.89N/AN/A32313431,6688,809
2023-10-17$25.41$25.0027.0%7.7%22.0%16.3%26.4%1.4%5.7%2.2M-16.1M-115.7K0.129.26N/AN/A1501831,5688,868
2023-10-18$25.19$25.0028.3%8.1%21.0%19.3%27.9%1.4%6.0%2.0M-13.1M-112.0K0.6117.95N/AN/A51031131,6258,880
2023-10-19$24.54$25.0027.6%7.9%22.2%17.8%27.7%1.6%5.3%993.8K-3.9M-100.1K1.1629.37N/AN/A22125731,4789,001
2023-10-20$24.07$25.0030.9%8.9%22.0%25.2%30.2%4.0%5.3%-2.7M-271.3K-93.9K0.5474.71N/AN/A39621431,5229,054
2023-10-23$24.07$25.0029.1%8.3%22.0%21.2%27.7%4.0%5.6%528.5K-1.8M-88.7K0.0566.11N/AN/A2851422,6906,314
2023-10-24$24.11$25.0028.6%8.2%21.5%20.0%29.3%4.3%6.2%539.5K-1.9M-87.6K0.2016.28N/AN/A1362722,8536,311
2023-10-25$23.73$25.0029.5%8.5%22.1%22.0%28.8%5.0%5.4%444.5K-134.3K-83.2K0.7824.26N/AN/A19815422,8546,335
2023-10-26$24.11$25.0030.0%8.6%23.0%23.1%29.2%3.6%6.1%526.9K-1.9M-87.9K0.1817.58N/AN/A2684922,7426,412
2023-10-27$24.02$25.0030.3%8.7%22.9%23.8%30.4%2.1%6.1%519.9K-1.7M-87.4K0.6410.29N/AN/A15710022,8816,451
2023-10-30$24.43$25.0030.6%8.8%22.8%24.4%30.0%2.9%7.1%627.7K-3.5M-91.8K0.2952.81N/AN/A1694922,9996,514
2023-10-31$24.88$25.0028.9%8.3%23.3%20.8%29.1%2.4%5.7%759.1K-5.8M-95.8K0.718.76N/AN/A14710423,0566,553