BOX Options History — September 2024

In September 2024, BOX traded between $31.94 and $33.36. ATM implied volatility averaged 21.9%, placing in the 4.6% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded below realized volatility by 12.9% (HV 20d: 34.8%). Max pain ranged from $29.00 to $32.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 1.44.

Notable Days

  • 2024-09-19: Highest Volume — 4,397 contracts
  • 2024-09-26: Largest IV spike — 9.4% change
  • 2024-09-03: Highest IV Rank — 6.9%
  • 2024-09-03: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.73$31.94$33.36$31.94$32.61
Max Pain$31.70$29.00$32.00$29.00$32.00
ATM IV21.9%20.3%23.5%23.5%21.8%
Expected Move6.3%5.8%6.7%6.7%6.3%
HV 20d34.8%13.9%38.9%37.6%13.9%
HV 60d30.3%29.6%31.5%31.4%29.6%
IV Rank4.6%2.3%6.9%6.9%4.5%
IV Percentile16.6%4.8%32.1%32.1%15.9%
Term Structure3.7%-0.4%7.5%-0.4%1.6%
VWIV22.6%20.7%24.7%24.7%22.2%
Skew 25d1.7%-0.3%2.8%-0.3%1.5%
Skew 10d2.6%-3.3%7.5%-0.5%4.0%
Call IV 25d22.1%20.2%25.1%25.1%21.9%
Put IV 25d23.9%22.1%25.5%24.8%23.4%
Bid-Ask Spread %49.0620.2666.8620.2644.31
Gamma HHI0.190.100.460.100.19
Net GEX1.0M365.4K2.6M873.9K400.9K
Net DEX-46.7M-59.0M-33.7M-41.6M-35.0M
Net VEX-174.2K-191.1K-148.7K-148.7K-184.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.440.1016.460.3516.46
Total Volume1,367.251734,3973,0281,659
Total OI40,778.6531,63449,91539,48732,424

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$31.94$29.0023.5%6.7%37.6%6.9%24.7%-0.3%-0.4%873.9K-41.6M-148.7K0.3520.26N/AN/A2,24678224,69914,788
2024-09-04$32.66$29.0022.8%6.5%37.7%5.9%24.4%1.3%0.6%1.0M-48.5M-153.9K1.7131.95N/AN/A28148026,07414,914
2024-09-05$32.67$32.0022.1%6.6%37.9%4.9%23.6%2.0%6.2%988.9K-48.6M-155.1K0.4059.50N/AN/A70828526,12315,103
2024-09-06$32.53$32.0021.9%6.7%38.2%4.6%23.8%2.0%6.5%973.8K-47.7M-152.2K0.8162.82N/AN/A35928926,30415,318
2024-09-09$32.53$32.0022.9%6.6%38.3%6.1%23.5%2.0%6.4%1.0M-46.4M-156.2K0.1451.46N/AN/A94013326,47015,448
2024-09-10$32.72$32.0022.6%6.4%38.0%5.5%22.9%1.4%6.7%1.1M-49.9M-153.1K0.2959.19N/AN/A1,54744326,99115,407
2024-09-11$32.95$32.0022.2%6.4%37.8%5.1%22.5%2.2%6.3%1.2M-54.2M-176.9K0.7064.43N/AN/A38327028,64015,693
2024-09-12$32.86$32.0021.3%6.1%37.9%3.8%22.2%2.8%7.4%1.2M-53.2M-179.2K0.3964.58N/AN/A76830128,70315,847
2024-09-13$33.19$32.0021.0%6.0%37.9%3.4%21.4%1.8%7.5%1.3M-56.3M-178.5K0.1535.53N/AN/A97714729,00116,148
2024-09-16$33.36$32.0022.5%6.5%37.8%5.5%21.6%2.2%5.5%1.5M-59.0M-180.9K0.1038.12N/AN/A9849629,64216,261
2024-09-17$33.30$32.0022.5%6.5%38.0%5.5%23.1%1.5%6.0%1.5M-58.9M-184.3K0.6140.87N/AN/A2,2501,38330,24616,306
2024-09-18$33.00$32.0022.7%6.5%38.3%5.8%23.5%2.3%6.1%1.4M-55.8M-191.1K0.1666.86N/AN/A1,79428931,57317,414
2024-09-19$32.75$32.0021.8%6.3%38.7%4.5%23.3%1.7%1.9%1.7M-53.7M-188.1K0.3462.74N/AN/A3,2731,12432,27017,464
2024-09-20$32.81$32.0021.2%6.1%38.3%3.5%22.7%0.5%0.5%2.6M-52.3M-185.9K0.2563.72N/AN/A77419132,05617,859
2024-09-23$32.53$32.0020.6%5.9%38.7%2.7%21.0%1.9%0.6%406.2K-34.7M-183.8K1.1433.30N/AN/A22125221,9919,643
2024-09-24$32.52$32.0020.6%5.9%38.8%2.7%20.7%1.3%0.5%384.8K-34.2M-184.1K1.5347.14N/AN/A11717922,1439,820
2024-09-25$32.53$32.0020.3%5.8%38.9%2.3%21.5%1.7%1.6%384.0K-34.4M-184.1K2.0337.46N/AN/A17134722,2019,951
2024-09-26$32.44$32.0022.2%6.4%19.2%5.1%22.5%1.5%0.9%365.4K-33.7M-183.5K0.8247.89N/AN/A957822,3079,966
2024-09-27$32.63$32.0020.7%5.9%14.2%2.8%21.3%2.6%1.6%370.8K-35.4M-181.4K0.4149.06N/AN/A51821122,34610,019
2024-09-30$32.61$32.0021.8%6.3%13.9%4.5%22.2%1.5%1.6%400.9K-35.0M-184.0K16.4644.31N/AN/A951,56422,4769,948