BOX Options History — March 2026

In March 2026, BOX traded between $23.00 and $26.58. ATM implied volatility averaged 39.8%, placing in the 41.7% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded below realized volatility by 10.4% (HV 20d: 50.2%). Max pain ranged from $23.00 to $24.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 1.57.

Notable Days

  • 2026-03-04: Highest Volume — 4,951 contracts
  • 2026-03-04: Largest IV drop — 43.7% change
  • 2026-03-02: Highest IV Rank — 100.0%
  • 2026-03-03: Largest Expected Move — 20.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.44$23.00$26.58$23.64$23.77
Max Pain$23.14$23.00$24.00$24.00$23.00
ATM IV39.8%32.3%71.5%65.6%37.9%
Expected Move11.3%9.3%20.5%18.8%10.9%
HV 20d50.2%42.5%53.8%42.7%49.7%
HV 60d40.1%33.1%42.2%36.1%41.9%
IV Rank41.7%27.3%100.0%100.0%37.7%
IV Percentile80.6%70.2%100.0%100.0%78.2%
Term Structure-0.3%-20.3%6.5%-20.3%-1.4%
VWIV40.3%32.7%72.8%68.2%39.7%
Skew 25d3.9%0.7%9.6%3.3%2.9%
Skew 10d10.3%0.9%19.0%11.1%9.5%
Call IV 25d38.9%30.9%69.1%64.5%39.2%
Put IV 25d42.8%36.9%78.4%67.8%42.1%
Bid-Ask Spread %43.8125.0776.3962.5527.76
Gamma HHI0.130.100.170.120.14
Net GEX382.6K172.9K755.9K229.0K251.8K
Net DEX-6.9M-15.9M-3.0M-3.7M-4.6M
Net VEX-92.3K-118.9K-75.7K-80.6K-79.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.570.0414.240.480.75
Total Volume1,107.682494,9511,70791
Total OI25,119.13617,79128,92721,72419,767

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$23.64$24.0065.6%18.8%42.7%100.0%68.2%3.3%-20.3%229.0K-3.7M-80.6K0.4862.55N/AN/A1,15155617,9293,795
2026-03-03$23.97$24.0071.5%20.5%42.5%100.0%72.8%9.4%-19.0%272.3K-5.2M-90.5K0.6351.95N/AN/A2,1101,32219,1644,505
2026-03-04$26.58$24.0040.2%11.5%52.3%42.0%41.7%4.6%-6.5%685.8K-15.9M-118.9K0.2453.28N/AN/A3,97997221,9216,092
2026-03-05$26.11$23.0038.5%10.1%52.6%38.8%37.1%3.5%5.4%755.9K-13.9M-117.3K0.2073.19N/AN/A53710722,8785,911
2026-03-06$25.68$23.0039.9%10.3%52.8%41.3%34.1%3.2%3.4%682.0K-11.4M-108.5K2.7075.70N/AN/A14639422,8415,941
2026-03-09$25.36$23.0041.5%10.8%53.0%44.5%40.9%4.2%3.9%602.4K-9.4M-104.2K1.0773.10N/AN/A23224922,7916,035
2026-03-10$24.77$23.0040.7%10.1%53.8%42.8%36.4%3.0%6.5%486.3K-7.5M-101.7K0.3376.39N/AN/A46815322,7876,006
2026-03-11$24.69$23.0036.4%10.4%53.8%34.8%35.5%4.8%4.1%437.5K-6.8M-97.5K2.9176.24N/AN/A329322,8326,024
2026-03-12$24.62$23.0037.1%11.2%50.9%36.3%37.4%2.6%2.4%444.6K-7.5M-99.7K0.0630.35N/AN/A2,41613922,8285,923
2026-03-13$24.75$23.0036.5%12.3%50.0%35.1%36.3%4.2%4.8%461.0K-7.8M-97.9K0.0631.26N/AN/A7524822,4815,837
2026-03-16$24.44$23.0035.5%10.4%50.2%33.2%35.6%2.0%4.0%439.2K-6.9M-91.9K1.7632.21N/AN/A21337523,0765,832
2026-03-17$24.39$23.0034.7%9.8%49.4%31.8%32.7%3.9%5.8%361.7K-6.1M-89.7K2.0628.49N/AN/A5411123,2015,696
2026-03-18$24.63$23.0033.0%9.5%49.4%28.6%34.2%3.8%5.9%396.5K-7.0M-86.7K0.2529.72N/AN/A3829723,1935,442
2026-03-19$23.72$23.0033.7%9.4%51.4%29.9%35.6%3.7%0.7%302.6K-5.4M-84.9K2.0632.25N/AN/A15532023,4825,445
2026-03-20$24.66$23.0036.4%10.7%53.0%34.9%36.7%2.4%-2.1%245.3K-6.9M-88.4K0.1526.73N/AN/A1,87528623,4845,349
2026-03-23$24.63$23.0033.2%10.1%49.8%29.0%43.2%9.6%-1.7%352.6K-6.6M-89.9K14.2431.45N/AN/A941,33915,5032,288
2026-03-24$23.68$23.0033.5%9.7%50.3%29.5%37.2%2.4%-0.4%206.7K-4.4M-82.0K0.0425.07N/AN/A2,1178515,5393,555
2026-03-25$23.59$23.0032.3%9.3%50.3%27.3%33.2%6.0%2.1%200.0K-3.9M-79.8K1.6432.12N/AN/A284615,5573,487
2026-03-26$23.78$23.0035.3%10.1%48.3%32.9%35.0%3.3%-1.3%222.3K-4.6M-83.6K0.0628.33N/AN/A5513515,5613,502
2026-03-27$23.00$23.0041.3%11.8%49.2%44.0%41.9%0.7%-2.7%172.9K-3.0M-75.7K2.2735.30N/AN/A153416,0353,518
2026-03-30$23.20$23.0040.4%11.6%49.1%42.3%41.4%2.0%-1.5%208.8K-3.9M-81.4K0.5630.49N/AN/A1357516,0463,542
2026-03-31$23.77$23.0037.9%10.9%49.7%37.7%39.7%2.9%-1.4%251.8K-4.6M-79.7K0.7527.76N/AN/A523916,1583,609