BOX Options History — May 2024

In May 2024, BOX traded between $25.04 and $27.27. ATM implied volatility averaged 29.6%, placing in the 14.7% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 9.2% (HV 20d: 20.4%). Max pain ranged from $26.00 to $28.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.56.

Notable Days

  • 2024-05-29: Highest Volume — 9,518 contracts
  • 2024-05-29: Largest IV drop — 47.5% change
  • 2024-05-28: Highest IV Rank — 38.6%
  • 2024-05-28: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.44$25.04$27.27$26.56$27.02
Max Pain$27.50$26.00$28.00$28.00$27.00
ATM IV29.6%18.7%45.9%24.1%21.1%
Expected Move9.5%5.4%13.2%6.9%6.1%
HV 20d20.4%16.2%35.7%19.6%35.2%
HV 60d28.3%24.4%30.9%29.5%24.4%
IV Rank14.7%0.0%38.6%6.4%3.5%
IV Percentile51.2%0.0%93.3%31.0%4.0%
Term Structure-2.6%-10.5%9.9%8.8%-1.0%
VWIV33.5%20.2%46.7%22.2%22.8%
Skew 25d1.0%-0.5%3.3%0.3%-0.3%
Skew 10d2.6%-3.9%8.4%5.1%-2.0%
Call IV 25d33.0%19.7%46.5%25.5%23.3%
Put IV 25d34.0%20.6%47.8%25.9%23.0%
Bid-Ask Spread %46.7921.7565.0959.6321.75
Gamma HHI0.160.140.210.140.21
Net GEX290.8K154.6K701.2K385.1K398.5K
Net DEX-3.5M-14.1M1.8M-3.2M-10.0M
Net VEX-143.6K-157.8K-132.9K-151.5K-151.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.031.780.090.77
Total Volume1,494.045609,518161834
Total OI32,815.529,34041,16431,32641,164

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$26.56$28.0024.1%6.9%19.6%6.4%22.2%0.3%8.8%385.1K-3.2M-151.5K0.0959.63N/AN/A1481321,6549,672
2024-05-02$26.21$28.0024.8%7.1%19.9%7.4%25.4%0.6%8.6%295.0K-873.0K-143.7K0.0365.09N/AN/A2961021,7399,586
2024-05-03$26.20$28.0022.7%6.5%19.9%4.4%22.6%1.0%9.9%283.9K-563.8K-143.3K0.7762.89N/AN/A614721,7079,587
2024-05-06$26.36$28.0024.5%9.7%19.4%6.9%33.3%1.2%-3.6%303.4K-1.5M-143.5K0.0843.68N/AN/A1,0218021,7409,583
2024-05-07$26.44$28.0024.2%9.6%19.4%6.5%32.4%1.9%-3.1%333.7K-1.6M-143.4K0.2046.38N/AN/A501021,9649,611
2024-05-08$26.23$28.0022.6%9.8%18.5%4.1%34.1%3.3%-4.2%246.2K40.3K-139.5K1.3046.11N/AN/A374821,9879,611
2024-05-09$26.14$28.0024.7%10.0%18.5%7.2%34.3%3.2%-4.8%236.2K-135.3K-136.9K0.6342.72N/AN/A66441621,9769,535
2024-05-10$26.31$28.0022.1%10.0%18.4%3.5%34.9%2.3%-4.4%154.6K-1.2M-136.3K0.3844.86N/AN/A42016021,8499,533
2024-05-13$26.59$28.0025.4%10.4%16.2%8.4%36.1%1.8%-4.4%263.5K-3.8M-140.5K0.4244.80N/AN/A1,52163721,9449,591
2024-05-14$26.71$28.0025.9%10.5%16.2%9.0%36.8%0.3%-4.6%304.1K-4.6M-145.5K0.1841.70N/AN/A3817022,6659,978
2024-05-15$27.04$28.0037.0%10.6%16.7%25.5%37.1%1.6%-5.5%390.2K-7.2M-151.7K1.7840.07N/AN/A36064222,86510,011
2024-05-16$27.13$27.0037.0%10.6%16.5%25.5%36.7%1.1%1.9%325.2K-6.8M-152.0K0.4055.06N/AN/A1355422,98910,605
2024-05-17$26.73$27.0034.9%10.0%17.4%22.4%35.1%0.7%-3.7%169.5K-4.6M-147.6K0.5553.17N/AN/A25614223,06310,636
2024-05-20$26.98$28.0036.9%10.6%16.3%25.2%36.7%0.1%-6.5%275.7K-5.5M-146.9K0.6252.46N/AN/A28117319,5519,789
2024-05-21$26.55$27.0037.4%10.7%16.9%26.0%39.2%0.4%-6.5%229.1K-3.4M-140.7K0.2148.55N/AN/A3627619,7869,921
2024-05-22$26.04$27.0038.1%10.9%18.0%27.1%38.1%0.2%-6.5%196.0K-819.6K-136.6K0.8151.16N/AN/A43034919,9699,976
2024-05-23$25.82$27.0040.3%11.6%17.7%30.4%46.3%-0.5%-9.0%180.1K142.4K-134.3K0.1458.11N/AN/A1,73123720,08710,024
2024-05-24$25.34$27.0039.1%11.2%18.6%28.6%40.5%-0.4%-7.1%167.3K1.5M-132.9K0.3843.11N/AN/A1,05039521,56910,014
2024-05-28$25.04$27.0045.9%13.2%18.8%38.6%46.7%1.2%-10.5%177.0K1.8M-133.0K0.4923.35N/AN/A5,6802,77122,24310,360
2024-05-29$27.27$26.0024.1%6.9%35.7%6.4%25.8%1.2%-2.0%701.2K-14.1M-157.8K0.7536.92N/AN/A5,4444,07427,46613,227
2024-05-30$26.95$27.0018.7%5.4%35.6%0.0%20.2%0.9%1.9%381.1K-9.7M-149.7K1.4147.89N/AN/A54176226,85614,258
2024-05-31$27.02$27.0021.1%6.1%35.2%3.5%22.8%-0.3%-1.0%398.5K-10.0M-151.3K0.7721.75N/AN/A47036426,83514,329