BSX Options History — January 2008

In January 2008, BSX traded between $10.98 and $12.35. ATM implied volatility averaged 57.5%, placing in the 89.7% IV rank vs the trailing year. The 30-day expected move averaged 16.9%. IV traded above realized volatility by 17.9% (HV 20d: 39.6%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.74.

Notable Days

  • 2008-01-09: Highest Volume — 43,866 contracts
  • 2008-01-09: Largest IV spike — 26.9% change
  • 2008-01-08: Highest IV Rank — 100.0%
  • 2008-01-15: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.76$10.98$12.35$11.41$12.15
Max Pain$12.74$12.50$15.00$15.00$12.50
ATM IV57.5%43.2%65.5%46.7%58.1%
Expected Move16.9%13.4%18.5%13.4%16.6%
HV 20d39.6%32.1%43.7%35.0%39.6%
HV 60d35.8%33.4%37.3%34.2%35.7%
IV Rank89.7%76.2%100.0%86.7%84.4%
IV Percentile97.7%90.1%100.0%97.6%95.2%
Term Structure-8.9%-14.6%4.9%3.7%-9.5%
VWIV60.3%46.6%73.4%46.6%58.3%
Skew 25d-1.3%-21.0%5.8%4.4%2.1%
Skew 10d-4.9%-33.3%14.0%10.1%1.1%
Call IV 25d61.8%47.2%70.5%47.2%64.3%
Put IV 25d60.6%43.5%68.8%51.5%66.4%
Bid-Ask Spread %11.605.3020.415.306.81
Gamma HHI0.390.230.690.300.45
Net GEX-145.6K-4.1M995.1K-359.7K995.1K
Net DEX48.1M-21.4M121.2M100.3M-11.5M
Net VEX-1.2M-1.4M-1.1M-1.2M-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.074.051.180.35
Total Volume11,065.6672,11243,8664,2452,112
Total OI761,770.048484,421943,814905,623500,177

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-01-02$11.41$15.0046.7%13.4%35.0%86.7%46.6%4.4%3.7%-359.7K100.3M-1.2M1.185.30N/AN/A1,9472,298639,957265,666
2008-01-03$11.39$15.0047.9%13.7%34.0%90.4%47.9%4.7%4.9%-438.9K106.4M-1.2M0.785.30N/AN/A1,5721,221637,355266,975
2008-01-04$11.31$12.5043.2%16.1%32.1%76.2%55.9%-3.2%-8.2%-355.2K106.6M-1.2M0.1817.31N/AN/A13,9202,527640,080266,920
2008-01-07$11.53$12.5050.0%15.8%33.2%96.5%57.5%1.1%-7.8%-545.4K94.9M-1.2M0.6210.59N/AN/A6,9484,316640,227266,643
2008-01-08$10.98$12.5051.6%17.7%36.3%100.0%61.2%-4.4%-11.8%-79.8K121.2M-1.1M0.849.86N/AN/A4,5413,810643,088269,721
2008-01-09$10.98$12.5065.5%18.2%34.5%100.0%65.2%-7.3%-9.1%-176.9K115.8M-1.2M0.3210.72N/AN/A33,23910,627644,764269,362
2008-01-10$11.70$12.5061.4%17.6%42.2%91.3%61.6%1.5%-13.0%-363.8K64.3M-1.3M0.2512.26N/AN/A11,2752,854667,836274,276
2008-01-11$11.74$12.5063.3%18.1%42.3%95.3%61.8%2.1%-14.0%-619.7K66.8M-1.3M0.3213.32N/AN/A2,888938667,104273,803
2008-01-14$11.93$12.5059.8%17.2%41.3%88.1%60.6%5.8%-12.1%-1.2M60.2M-1.3M0.2010.87N/AN/A7,4231,494667,197273,887
2008-01-15$11.51$12.5064.4%18.5%42.5%97.7%65.4%-3.1%-14.6%351.1K89.2M-1.2M0.3311.75N/AN/A6,7612,242668,931274,106
2008-01-16$12.05$12.5062.1%17.8%43.1%92.8%62.0%-0.7%-11.0%-1.8M47.6M-1.4M4.0510.83N/AN/A8,44734,249669,072272,292
2008-01-17$12.35$12.5063.3%18.1%43.5%95.4%62.8%3.8%-13.0%-4.1M26.8M-1.4M1.7913.56N/AN/A6,89212,360665,678278,136
2008-01-18$12.13$12.5057.8%16.6%43.7%83.9%57.9%-3.4%-9.0%-485.6K60.4M-1.3M0.2918.38N/AN/A9,9612,859664,913272,200
2008-01-22$12.13$12.5059.3%17.0%43.7%87.0%60.1%-1.8%-6.3%985.5K-21.4M-1.3M1.6815.79N/AN/A3,4555,808298,727185,694
2008-01-23$12.09$12.5058.3%16.7%43.2%84.8%62.7%5.2%-7.5%840.2K-12.0M-1.3M0.8112.32N/AN/A3,2572,654299,894190,542
2008-01-24$11.96$12.5057.7%16.5%41.8%83.6%58.8%-1.5%-7.3%820.6K-4.4M-1.2M0.2111.69N/AN/A3,280678300,283191,231
2008-01-25$11.84$12.5056.7%16.3%40.3%81.5%73.4%-5.7%-7.6%790.1K2.8M-1.2M0.0720.41N/AN/A5,612397301,582191,468
2008-01-28$11.85$12.5062.5%17.9%40.0%93.7%66.2%-2.7%-12.5%858.1K915.2K-1.2M0.5112.50N/AN/A1,723875306,596191,652
2008-01-29$11.96$12.5060.4%17.3%40.1%89.2%62.1%-2.5%-10.4%898.1K-1.7M-1.2M0.165.53N/AN/A2,180346307,284192,016
2008-01-30$11.95$12.5058.6%16.8%40.0%85.5%59.3%-21.0%-10.8%915.7K-2.1M-1.2M0.648.59N/AN/A1,459934307,888191,948
2008-01-31$12.15$12.5058.1%16.6%39.6%84.4%58.3%2.1%-9.5%995.1K-11.5M-1.2M0.356.81N/AN/A1,559553308,419191,758