BOX Options History — February 2024

In February 2024, BOX traded between $24.86 and $27.48. ATM implied volatility averaged 42.4%, placing in the 44.3% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 20.7% (HV 20d: 21.7%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.77.

Notable Days

  • 2024-02-12: Highest Volume — 2,690 contracts
  • 2024-02-07: Largest IV spike — 36.6% change
  • 2024-02-29: Highest IV Rank — 72.1%
  • 2024-02-29: Largest Expected Move — 16.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.13$24.86$27.48$26.23$25.77
Max Pain$25.50$25.00$26.00$25.00$25.00
ATM IV42.4%25.8%56.7%26.0%56.7%
Expected Move12.7%9.9%16.2%9.9%16.2%
HV 20d21.7%18.5%25.3%20.5%24.1%
HV 60d30.8%29.9%31.8%30.4%31.6%
IV Rank44.3%11.7%72.1%12.2%72.1%
IV Percentile83.3%37.7%99.2%39.3%99.2%
Term Structure-10.0%-20.5%-3.4%-3.4%-20.5%
VWIV44.8%34.2%57.8%34.2%57.8%
Skew 25d1.7%-0.4%3.3%3.2%2.2%
Skew 10d3.9%-7.3%15.1%-0.1%7.8%
Call IV 25d44.2%32.8%57.4%32.8%57.4%
Put IV 25d45.9%36.1%59.6%36.1%59.6%
Bid-Ask Spread %57.0229.9971.5069.9361.93
Gamma HHI0.190.120.330.210.12
Net GEX582.4K127.8K1.1M740.2K257.2K
Net DEX-8.3M-17.4M-915.3K-10.1M-5.1M
Net VEX-88.5K-103.1K-74.0K-96.5K-80.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.053.040.490.69
Total Volume696.31632,690211833
Total OI25,935.4523,67227,54925,76425,901

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$26.23$25.0026.0%9.9%20.5%12.2%34.2%3.2%-3.4%740.2K-10.1M-96.5K0.4969.93N/AN/A1426920,3225,442
2024-02-02$26.45$25.0025.8%10.2%18.6%11.7%35.4%2.6%-4.1%834.4K-11.6M-98.5K0.2765.37N/AN/A1283520,3385,462
2024-02-05$26.23$25.0028.5%10.5%19.0%17.0%37.9%1.2%-5.1%755.3K-10.2M-95.1K1.7329.99N/AN/A6310920,4245,451
2024-02-06$26.57$25.0026.7%10.2%18.7%13.5%36.4%1.8%-4.3%890.6K-12.0M-94.7K0.4658.21N/AN/A1145320,4285,499
2024-02-07$27.12$25.0036.5%10.5%19.7%32.7%37.0%1.6%-5.0%1.0M-15.5M-98.9K0.4447.14N/AN/A27812220,3965,550
2024-02-08$27.01$25.0038.0%10.9%19.7%35.7%40.2%1.9%-5.4%1.0M-15.2M-102.1K3.0460.52N/AN/A4191,27520,5325,626
2024-02-09$27.48$25.0037.9%10.9%18.6%35.4%38.0%2.9%-5.2%1.1M-17.4M-103.1K0.4871.50N/AN/A28413620,5836,833
2024-02-12$27.19$25.0040.4%11.6%18.5%40.4%40.4%1.8%-7.5%1.1M-15.5M-99.8K0.0542.02N/AN/A2,55813220,6696,880
2024-02-13$26.45$26.0041.8%12.0%21.5%43.1%41.5%1.5%-7.8%823.7K-10.2M-95.4K0.4671.19N/AN/A33715620,3976,966
2024-02-14$26.34$26.0041.7%11.9%21.6%42.8%43.7%1.8%-8.3%729.2K-7.9M-86.3K0.3243.64N/AN/A48715719,3896,961
2024-02-15$26.57$25.0042.5%12.2%21.4%44.4%43.2%2.5%-7.2%878.1K-9.3M-88.0K1.6055.96N/AN/A16927019,5587,081
2024-02-16$26.16$26.0045.9%13.1%21.1%51.0%46.9%1.2%-10.2%193.6K-6.7M-84.8K0.7247.79N/AN/A67748919,6087,344
2024-02-20$25.54$26.0049.9%14.3%22.0%58.9%50.3%1.1%-13.9%187.1K-3.6M-81.0K0.1958.73N/AN/A1,57630416,6267,046
2024-02-21$24.86$26.0050.1%14.4%23.7%59.3%50.8%0.7%-13.2%127.8K-915.3K-74.8K1.9961.64N/AN/A35771217,0647,126
2024-02-22$25.41$26.0049.5%14.2%25.3%58.2%51.2%1.6%-13.1%199.3K-3.4M-81.7K0.8159.68N/AN/A21417317,3717,641
2024-02-23$25.34$26.0049.4%14.2%25.1%57.9%50.0%0.5%-13.6%191.3K-3.1M-80.7K0.8763.41N/AN/A19216717,5077,787
2024-02-26$25.31$26.0051.8%14.9%25.1%62.6%52.3%0.3%-15.5%188.0K-2.9M-77.9K0.0951.68N/AN/A1681517,6667,913
2024-02-27$25.19$26.0054.2%15.5%24.5%67.3%54.2%-0.4%-17.2%160.7K-2.2M-74.0K0.2960.58N/AN/A2136117,6527,916
2024-02-28$25.38$26.0055.2%15.8%24.7%69.3%55.3%3.3%-18.9%195.1K-3.1M-76.2K0.4559.42N/AN/A1958717,7827,972
2024-02-29$25.77$25.0056.7%16.2%24.1%72.1%57.8%2.2%-20.5%257.2K-5.1M-80.7K0.6961.93N/AN/A49433917,8548,047