BSX Options History — August 2007

In August 2007, BSX traded between $12.16 and $13.76. ATM implied volatility averaged 37.5%, placing in the 70.3% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 7.8% (HV 20d: 29.7%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 22 of 23 days. Put/call ratio averaged 0.53.

Notable Days

  • 2007-08-20: Highest Volume — 32,410 contracts
  • 2007-08-16: Largest IV spike — 86.8% change
  • 2007-08-10: Highest IV Rank — 100.0%
  • 2007-08-16: Largest Expected Move — 12.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.86$12.16$13.76$13.19$12.83
Max Pain$13.04$12.50$15.00$15.00$12.50
ATM IV37.5%23.2%47.1%38.0%33.7%
Expected Move11.1%9.7%12.4%10.9%9.7%
HV 20d29.7%20.3%33.7%20.3%32.3%
HV 60d23.1%19.2%25.2%19.2%25.1%
IV Rank70.3%18.0%100.0%76.9%54.1%
IV Percentile80.2%7.7%100.0%90.3%57.5%
Term Structure2.4%-2.5%5.4%1.0%3.4%
VWIV39.2%33.7%47.5%38.0%33.7%
Skew 25d-0.3%-13.6%12.7%12.7%8.1%
Skew 10d1.3%-21.8%19.6%18.2%11.1%
Call IV 25d37.5%25.3%44.4%25.3%25.6%
Put IV 25d37.2%29.2%48.5%38.0%33.7%
Bid-Ask Spread %9.184.5613.8111.559.46
Gamma HHI0.210.190.250.220.21
Net GEX1.5M591.9K2.6M1.6M1.4M
Net DEX16.1M-32.8M53.5M20.5M-8.8M
Net VEX-1.9M-2.1M-1.6M-2.0M-1.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.031.721.720.40
Total Volume13,804.3044,14832,41011,6717,612
Total OI827,150.696755,698870,802853,298829,187

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-08-01$13.19$15.0038.0%10.9%20.3%76.9%38.0%12.7%1.0%1.6M20.5M-2.0M1.7211.55N/AN/A4,2977,374620,054233,244
2007-08-02$13.43$15.0040.6%11.6%22.4%86.9%47.5%-1.8%-2.5%1.9M7.1M-2.0M0.518.60N/AN/A16,9458,652620,821221,564
2007-08-03$13.09$15.0037.0%10.6%23.3%72.9%36.1%5.8%1.9%1.8M17.8M-2.0M0.1511.42N/AN/A16,5642,520632,097225,081
2007-08-06$12.91$15.0039.7%11.4%21.8%83.4%39.6%3.5%2.5%1.7M29.4M-2.0M1.4010.04N/AN/A4,9176,898638,624226,149
2007-08-07$12.93$15.0036.9%12.3%21.3%72.6%43.0%3.6%1.2%1.7M23.6M-2.0M0.4610.41N/AN/A6,1812,836640,013226,064
2007-08-08$13.20$12.5032.1%12.2%22.9%54.4%42.3%5.9%0.5%2.0M14.6M-2.0M0.4113.81N/AN/A6,2292,575644,649226,153
2007-08-09$13.76$12.5037.9%11.4%28.8%76.6%40.1%2.9%1.7%2.6M-32.8M-2.1M0.4811.96N/AN/A15,7787,585612,853226,321
2007-08-10$13.08$12.5044.4%11.9%32.9%100.0%42.5%-5.2%3.6%2.0M10.4M-2.0M0.199.57N/AN/A14,8312,786618,477231,903
2007-08-13$13.04$12.5044.5%12.0%32.5%100.0%41.7%-4.2%3.3%1.8M21.4M-1.9M0.569.40N/AN/A2,6551,493617,784232,038
2007-08-14$13.03$12.5047.1%12.2%32.6%100.0%43.0%-5.3%2.1%1.7M22.9M-1.9M0.189.39N/AN/A5,259962618,571232,916
2007-08-15$12.91$12.5023.2%11.7%32.5%18.0%40.4%-4.3%3.4%1.7M15.1M-2.0M0.8210.70N/AN/A4,6773,849617,970232,431
2007-08-16$12.74$12.5043.3%12.4%32.2%87.1%43.7%4.1%2.1%1.5M34.6M-1.8M0.6012.97N/AN/A5,4503,285619,885233,146
2007-08-17$12.52$12.5039.0%11.2%31.8%72.2%37.3%-6.5%5.4%2.3M53.5M-1.7M0.437.99N/AN/A11,3364,900621,631234,031
2007-08-20$12.23$12.5040.0%11.5%32.3%75.6%39.8%-10.8%0.8%591.9K45.3M-1.6M0.446.87N/AN/A22,5129,898546,048209,650
2007-08-21$12.16$12.5036.9%10.6%31.9%65.1%36.9%-13.6%5.4%809.6K35.7M-1.6M0.604.56N/AN/A10,4056,267563,215209,565
2007-08-22$12.47$12.5037.1%10.6%33.6%65.7%37.1%-11.2%1.6%817.2K26.0M-1.7M1.196.03N/AN/A5,0826,026562,202213,785
2007-08-23$12.71$12.5035.7%10.2%33.4%60.9%35.9%-7.7%3.7%948.7K9.4M-1.8M0.427.63N/AN/A9,1923,904565,460212,769
2007-08-24$12.69$12.5034.9%10.0%32.7%58.2%41.6%-8.8%3.2%1.1M6.8M-1.8M0.118.30N/AN/A7,586865572,010213,069
2007-08-27$12.65$12.5034.9%10.0%32.7%58.2%34.9%6.3%3.4%885.3K12.7M-1.7M0.115.57N/AN/A18,3461,945576,455213,842
2007-08-28$12.57$12.5035.8%10.3%32.6%61.4%35.8%5.7%3.4%1.2M5.0M-1.8M0.038.43N/AN/A17,149441589,134213,637
2007-08-29$12.85$12.5035.0%10.0%33.7%58.6%34.6%8.3%2.8%1.4M-3.6M-1.8M0.448.14N/AN/A5,0542,245599,991213,284
2007-08-30$12.69$12.5035.1%10.1%33.1%59.0%35.1%6.1%2.3%1.3M3.0M-1.8M0.418.40N/AN/A8,5913,545602,525214,168
2007-08-31$12.83$12.5033.7%9.7%32.3%54.1%33.7%8.1%3.4%1.4M-8.8M-1.8M0.409.46N/AN/A5,4342,178612,839216,348