BOX Options History — January 2024

In January 2024, BOX traded between $24.48 and $26.70. ATM implied volatility averaged 24.4%, placing in the 9.0% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded below realized volatility by 1.1% (HV 20d: 25.5%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.00.

Notable Days

  • 2024-01-12: Highest Volume — 2,036 contracts
  • 2024-01-31: Largest IV spike — 6.8% change
  • 2024-01-17: Highest IV Rank — 13.8%
  • 2024-01-17: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.73$24.48$26.70$25.64$26.07
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV24.4%22.8%26.9%23.4%26.7%
Expected Move7.1%6.7%7.7%6.7%7.7%
HV 20d25.5%19.5%45.8%44.7%22.6%
HV 60d30.8%30.2%31.3%30.6%30.4%
IV Rank9.0%5.9%13.8%7.1%13.5%
IV Percentile22.8%9.5%42.1%12.3%42.1%
Term Structure6.8%0.6%8.7%0.6%7.1%
VWIV24.9%22.8%26.7%24.0%26.2%
Skew 25d1.1%-1.7%3.2%-0.4%0.8%
Skew 10d2.4%-10.6%11.4%-2.9%-6.2%
Call IV 25d24.9%23.0%27.8%25.0%26.2%
Put IV 25d26.0%24.6%28.3%24.6%27.0%
Bid-Ask Spread %58.2212.9382.6116.0936.77
Gamma HHI0.190.150.260.190.19
Net GEX738.7K484.2K996.1K963.9K703.1K
Net DEX-10.0M-15.6M-3.9M-12.0M-9.5M
Net VEX-99.5K-109.2K-91.8K-109.2K-96.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.047.310.500.78
Total Volume562.476892,036314332
Total OI32,38224,59039,21835,56225,691

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$25.64$25.0023.4%6.7%44.7%7.1%24.0%-0.4%0.6%963.9K-12.0M-109.2K0.5016.09N/AN/A20910529,1366,426
2024-01-03$25.01$25.0023.2%6.7%45.5%6.7%24.0%0.8%1.2%677.1K-7.1M-100.2K0.6632.42N/AN/A18312129,1636,431
2024-01-04$24.48$25.0023.6%7.2%45.8%7.4%25.3%1.2%5.2%484.2K-3.9M-91.8K0.2850.21N/AN/A2687629,1906,433
2024-01-05$24.64$25.0022.8%7.1%23.6%5.9%24.6%1.7%5.7%526.5K-5.0M-93.8K0.2976.70N/AN/A1915529,2696,317
2024-01-08$25.06$25.0022.8%7.0%24.0%5.9%25.2%0.5%7.1%719.0K-7.7M-96.8K0.2074.17N/AN/A1893829,6326,303
2024-01-09$25.05$25.0023.3%7.0%23.9%6.9%25.0%1.1%6.3%673.2K-7.3M-94.0K0.4773.77N/AN/A2029429,6626,320
2024-01-10$24.98$25.0024.6%7.1%23.5%9.4%22.8%1.3%6.0%653.5K-6.9M-93.4K0.0472.38N/AN/A1,3295529,7606,379
2024-01-11$25.64$25.0024.8%7.1%25.1%9.8%24.6%0.3%6.3%996.1K-11.7M-100.5K0.5374.41N/AN/A19910530,9686,412
2024-01-12$25.34$25.0025.0%7.2%25.1%10.3%25.0%1.4%7.2%799.8K-9.5M-97.1K7.3125.25N/AN/A2451,79131,0346,442
2024-01-16$25.30$25.0026.3%7.5%24.9%12.6%26.1%1.9%7.7%691.1K-8.2M-97.6K2.1476.56N/AN/A12025731,0547,496
2024-01-17$25.37$25.0026.9%7.7%19.5%13.8%26.7%3.2%7.5%693.9K-8.4M-97.0K1.6182.09N/AN/A15424831,0637,672
2024-01-18$25.71$25.0025.5%7.3%19.8%11.2%25.5%1.9%8.6%821.4K-11.4M-102.3K0.1882.61N/AN/A67811931,0737,862
2024-01-19$26.21$25.0024.1%6.9%20.7%8.5%24.1%1.6%8.4%849.3K-15.6M-102.1K0.0982.58N/AN/A1,61614631,3097,909
2024-01-22$26.59$25.0024.0%6.9%21.2%8.2%24.9%0.9%8.0%665.6K-11.9M-105.4K1.9274.39N/AN/A45687618,9275,947
2024-01-23$26.63$25.0023.7%6.8%20.9%7.6%23.9%2.0%7.7%761.1K-12.4M-102.8K0.5112.93N/AN/A27013919,1445,446
2024-01-24$26.63$25.0023.2%6.7%20.9%6.7%24.6%1.5%8.3%786.7K-12.7M-104.5K0.9455.45N/AN/A12812019,2965,364
2024-01-25$26.34$25.0024.2%7.0%21.4%8.7%24.7%1.4%8.2%724.2K-11.1M-100.3K0.8421.88N/AN/A11910019,3965,363
2024-01-26$26.29$25.0023.7%6.8%21.1%7.6%24.9%0.3%8.7%721.6K-11.1M-103.5K0.8276.69N/AN/A494019,4595,408
2024-01-29$26.64$25.0025.2%7.2%21.2%10.5%25.4%2.6%7.8%787.1K-12.5M-101.2K0.4479.94N/AN/A1516619,4795,423
2024-01-30$26.70$25.0025.0%7.2%20.7%10.1%25.5%-1.7%8.3%813.8K-13.3M-100.7K0.4545.37N/AN/A1195419,5415,423
2024-01-31$26.07$25.0026.7%7.7%22.6%13.5%26.2%0.8%7.1%703.1K-9.5M-96.0K0.7836.77N/AN/A18614620,2665,425