BSY Options History — January 2023

In January 2023, BSY traded between $34.81 and $39.24. ATM implied volatility averaged 42.6%, placing in the 11.4% IV rank vs the trailing year. The 30-day expected move averaged 12.1%. IV traded above realized volatility by 10.7% (HV 20d: 31.9%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 4.16.

Notable Days

  • 2023-01-18: Highest Volume — 348 contracts
  • 2023-01-26: Largest IV spike — 74.2% change
  • 2023-01-31: Highest IV Rank — 24.1%
  • 2023-01-31: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.63$34.81$39.24$36.70$38.96
Max Pain$39.50$35.00$40.00$35.00$40.00
ATM IV42.6%28.9%55.5%48.4%55.5%
Expected Move12.1%8.3%15.9%13.9%15.9%
HV 20d31.9%26.7%35.0%27.2%29.5%
HV 60d41.1%38.1%42.1%41.4%38.1%
IV Rank11.4%0.0%24.1%16.4%24.1%
IV Percentile13.4%0.0%44.4%21.8%44.4%
Term Structure1.9%-17.6%20.5%9.1%-17.6%
VWIV44.5%28.8%95.1%53.2%55.5%
Skew 25d11.2%1.6%29.5%16.7%7.9%
Skew 10d24.8%4.0%51.4%11.0%33.8%
Call IV 25d35.8%28.6%44.1%38.1%44.1%
Put IV 25d47.0%37.2%63.7%54.8%52.0%
Bid-Ask Spread %95.0787.99105.0795.07105.07
Gamma HHI0.510.400.650.530.55
Net GEX-60.7K-86.3K-37.0K-51.3K-65.2K
Net DEX1.1M427.7K2.2M1.3M558.2K
Net VEX-10.2K-11.4K-9.1K-11.4K-11.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.160.0035.831.400.00
Total Volume450348311
Total OI2,960.32,7753,3242,7753,324

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$36.70$35.0048.4%13.9%27.2%16.4%0.0%16.7%9.1%-51.3K1.3M-11.4K0.0095.07N/AN/A0318741,901
2023-01-04$36.59$35.0045.6%13.1%26.7%13.8%0.0%15.8%8.2%-53.1K1.4M-11.2K0.0090.65N/AN/A008741,930
2023-01-05$34.81$40.0049.0%12.5%30.4%16.9%53.2%6.8%-2.6%-63.7K2.2M-10.1K1.4090.39N/AN/A578741,930
2023-01-06$35.41$40.0043.7%12.5%31.1%12.0%0.0%12.8%-3.2%-64.1K1.9M-10.0K0.5092.02N/AN/A218791,931
2023-01-09$36.47$40.0050.3%13.4%32.7%18.1%0.0%10.1%-10.8%-58.7K1.5M-10.0K0.9093.02N/AN/A1098771,931
2023-01-10$37.19$40.0047.5%13.5%33.3%15.5%95.1%8.3%-4.2%-54.9K1.3M-10.2K1.0087.99N/AN/A118871,934
2023-01-11$38.01$40.0038.5%11.0%34.5%7.2%0.0%5.3%6.2%-46.2K915.9K-10.3K0.0088.01N/AN/A028861,935
2023-01-12$37.53$40.0037.3%10.7%34.6%6.1%45.8%16.1%4.6%-37.0K834.0K-10.5K0.0097.17N/AN/A0108861,937
2023-01-13$37.97$40.0041.7%12.0%35.0%10.2%36.6%11.2%7.8%-51.1K983.2K-10.2K0.0093.40N/AN/A108861,937
2023-01-17$38.13$40.0039.1%11.2%32.0%7.8%38.1%29.5%7.2%-51.1K932.7K-9.4K0.1096.76N/AN/A2028871,937
2023-01-18$37.76$40.0042.5%12.2%32.1%11.0%36.6%6.8%5.5%-52.8K1.2M-9.1K7.7096.45N/AN/A403089051,936
2023-01-19$37.20$40.0041.8%12.0%31.9%10.3%37.3%7.3%-6.3%-68.5K1.6M-9.9K0.0094.11N/AN/A0269412,223
2023-01-20$38.16$40.0039.2%11.2%33.1%7.9%0.0%11.1%6.5%-76.5K1.1M-10.5K0.8492.24N/AN/A25219452,241
2023-01-23$38.73$40.0041.3%11.9%33.2%9.8%40.5%10.8%1.0%-71.8K882.5K-10.1K0.1095.03N/AN/A7078012,174
2023-01-24$38.23$40.0028.9%8.3%32.6%0.0%28.8%8.6%20.5%-69.1K931.9K-10.5K0.00100.39N/AN/A2808712,174
2023-01-25$38.14$40.0029.0%8.3%32.7%0.1%29.3%14.7%8.6%-65.0K872.6K-10.0K8.0098.76N/AN/A188992,174
2023-01-26$38.45$40.0050.4%14.5%32.6%19.6%47.0%9.0%-4.0%-65.4K889.7K-10.4K0.00100.39N/AN/A0108992,181
2023-01-27$39.24$40.0036.8%10.5%32.2%7.2%37.4%14.4%4.6%-62.1K427.7K-9.8K35.8395.70N/AN/A62158992,191
2023-01-30$38.91$40.0044.7%12.8%30.1%14.4%41.9%1.6%-2.4%-86.3K1.1M-10.2K1.9198.71N/AN/A11219092,406
2023-01-31$38.96$40.0055.5%15.9%29.5%24.1%55.5%7.9%-17.6%-65.2K558.2K-11.1K0.00105.07N/AN/A109202,404