BOX Options History — June 2025

In June 2025, BOX traded between $33.82 and $38.55. ATM implied volatility averaged 21.5%, placing in the 6.2% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded below realized volatility by 30.3% (HV 20d: 51.8%). Max pain ranged from $33.00 to $37.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.90.

Notable Days

  • 2025-06-02: Highest Volume — 4,311 contracts
  • 2025-06-27: Largest IV drop — 14.1% change
  • 2025-06-18: Highest IV Rank — 9.2%
  • 2025-06-18: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.88$33.82$38.55$37.96$34.11
Max Pain$36.20$33.00$37.00$33.00$36.00
ATM IV21.5%19.1%22.7%22.1%21.7%
Expected Move6.2%5.5%6.5%6.3%6.2%
HV 20d51.8%19.0%59.0%55.6%19.0%
HV 60d41.0%40.6%41.4%40.9%40.9%
IV Rank6.2%0.0%9.2%8.8%6.8%
IV Percentile17.9%0.0%34.5%23.4%15.5%
Term Structure4.1%-0.0%8.6%-0.0%0.6%
VWIV21.5%17.0%24.9%22.5%19.2%
Skew 25d3.1%0.5%5.2%2.3%4.2%
Skew 10d6.4%1.9%10.1%3.6%8.7%
Call IV 25d20.7%17.9%23.2%21.6%20.1%
Put IV 25d23.8%22.4%25.2%23.9%24.3%
Bid-Ask Spread %70.1247.9882.5947.9870.79
Gamma HHI0.230.170.380.220.18
Net GEX1.6M656.2K3.4M3.1M746.1K
Net DEX-46.7M-80.9M-22.8M-74.5M-25.3M
Net VEX-265.4K-273.2K-251.3K-251.3K-264.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.900.082.810.210.93
Total Volume1,593.43654,3114,311365
Total OI49,559.139,25356,96249,11340,954

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$37.96$33.0022.1%6.3%55.6%8.8%22.5%2.3%-0.0%3.1M-74.5M-251.3K0.2147.98N/AN/A3,55275934,95414,159
2025-06-03$38.18$34.0021.8%6.2%55.4%7.8%21.6%3.4%0.7%3.3M-76.9M-263.9K0.4854.68N/AN/A1,52774036,18914,751
2025-06-04$38.55$34.0021.7%6.2%54.9%6.6%22.5%0.5%0.3%3.4M-80.9M-270.9K0.6955.93N/AN/A1,19282236,68915,035
2025-06-05$37.95$37.0021.1%6.4%55.7%4.9%20.9%3.5%7.7%2.9M-72.3M-266.9K0.7971.57N/AN/A1,8511,45936,72315,380
2025-06-06$37.23$37.0019.7%6.0%56.5%1.4%20.6%3.3%8.6%2.2M-62.9M-271.5K1.8765.31N/AN/A50193636,95916,047
2025-06-09$37.48$37.0021.9%6.2%56.4%7.2%20.9%2.3%8.1%2.5M-66.6M-271.9K0.2970.01N/AN/A42812637,11416,177
2025-06-10$36.45$37.0020.4%6.2%57.8%3.2%21.1%4.0%7.8%1.5M-53.1M-262.6K0.7163.49N/AN/A82258437,25216,196
2025-06-11$35.92$37.0021.5%6.2%58.2%6.0%21.4%1.9%8.3%1.4M-47.2M-263.7K0.7074.19N/AN/A1,02071337,78916,173
2025-06-12$35.91$37.0021.9%6.3%58.0%7.0%21.5%2.8%7.8%1.4M-47.7M-258.2K0.7678.47N/AN/A38429037,99016,139
2025-06-13$35.54$37.0020.9%6.0%58.1%4.4%20.4%2.8%7.7%1.3M-44.6M-262.6K1.2372.27N/AN/A70786738,08916,200
2025-06-16$35.71$37.0021.3%6.1%58.0%5.7%21.5%2.6%8.0%1.3M-44.7M-262.6K0.0877.14N/AN/A9317638,06416,428
2025-06-17$35.84$37.0022.3%6.4%57.9%8.1%22.7%3.7%6.6%1.4M-46.4M-264.3K0.7682.59N/AN/A1,4541,10938,43716,417
2025-06-18$35.19$37.0022.7%6.5%58.4%9.2%22.0%3.0%0.3%1.4M-38.2M-273.2K1.1180.04N/AN/A1,0581,17139,50217,380
2025-06-20$34.30$37.0022.3%6.4%59.0%8.2%22.6%2.5%1.6%686.9K-30.6M-267.6K0.1569.35N/AN/A2,33934540,01916,943
2025-06-23$34.33$36.0022.2%6.4%58.9%7.8%21.0%5.2%0.4%765.2K-25.1M-265.9K0.6773.68N/AN/A46030827,46811,785
2025-06-24$34.53$36.0021.3%6.1%58.8%5.4%23.4%2.4%1.9%764.8K-26.4M-266.0K2.8177.34N/AN/A14641027,76912,005
2025-06-25$34.37$36.0022.2%6.4%58.8%7.9%24.9%3.4%1.7%711.3K-23.9M-266.5K0.7174.14N/AN/A26318627,82912,462
2025-06-26$34.29$36.0022.2%6.4%20.7%7.9%22.1%2.7%0.6%659.1K-23.8M-267.0K0.6975.39N/AN/A38526528,08012,849
2025-06-27$33.82$36.0019.1%5.5%20.0%0.0%17.0%4.5%3.1%656.2K-22.8M-266.3K2.4168.05N/AN/A38693128,35012,436
2025-06-30$34.11$36.0021.7%6.2%19.0%6.8%19.2%4.2%0.6%746.1K-25.3M-264.3K0.9370.79N/AN/A18917628,59912,355