BSY Options History — March 2023

In March 2023, BSY traded between $38.18 and $42.75. ATM implied volatility averaged 49.2%, placing in the 18.4% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 10.6% (HV 20d: 38.5%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 3.18.

Notable Days

  • 2023-03-30: Highest Volume — 175 contracts
  • 2023-03-10: Largest IV spike — 73.6% change
  • 2023-03-10: Highest IV Rank — 45.8%
  • 2023-03-02: Largest Expected Move — 17.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.91$38.18$42.75$39.86$42.75
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV49.2%30.0%79.3%46.8%30.0%
Expected Move12.7%8.6%17.1%13.4%8.6%
HV 20d38.5%29.9%42.7%38.6%29.9%
HV 60d34.2%32.0%35.4%32.0%33.8%
IV Rank18.4%1.0%45.8%16.2%1.0%
IV Percentile33.7%0.8%96.4%24.2%0.8%
Term Structure-1.6%-15.7%9.3%-9.4%3.8%
VWIV44.7%39.9%57.5%47.0%39.9%
Skew 25d6.1%-5.8%17.7%15.7%3.1%
Skew 10d8.1%-7.5%49.3%22.0%49.3%
Call IV 25d39.6%31.0%52.1%31.3%35.8%
Put IV 25d45.8%37.6%60.0%47.0%38.9%
Bid-Ask Spread %97.9589.66103.9891.1499.37
Gamma HHI0.450.340.640.390.55
Net GEX18.5K-4.9K35.9K8.9K34.6K
Net DEX-757.4K-1.4M-142.4K-466.5K-1.4M
Net VEX-6.1K-6.8K-5.4K-6.8K-6.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.180.0030.001.770.01
Total Volume21.478017536101
Total OI1,644.4781,4201,8011,7281,644

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$39.86$40.0046.8%13.4%38.6%16.2%47.0%15.7%-9.4%8.9K-466.5K-6.8K1.7791.14N/AN/A13236651,063
2023-03-02$41.66$40.0059.5%17.1%39.1%27.8%0.0%17.7%-1.4%15.7K-927.1K-6.7K0.0092.81N/AN/A006711,066
2023-03-03$42.55$40.0031.8%9.1%38.0%2.6%46.5%15.6%8.5%33.9K-1.2M-6.6K0.0589.66N/AN/A4126711,066
2023-03-06$40.87$40.0043.5%10.9%40.4%13.3%44.0%3.5%3.5%17.3K-815.7K-6.8K1.0094.77N/AN/A446871,068
2023-03-07$39.96$40.0056.5%11.8%41.0%25.1%0.0%6.8%-1.8%11.9K-561.4K-6.7K1.5098.34N/AN/A466871,068
2023-03-08$40.15$40.0047.4%11.1%40.7%16.8%0.0%-3.3%3.5%17.7K-628.7K-6.5K0.0095.13N/AN/A046861,073
2023-03-09$39.53$40.0045.7%11.9%40.7%15.2%0.0%-1.1%6.0%13.5K-491.1K-6.5K0.00100.60N/AN/A086861,077
2023-03-10$38.18$40.0079.3%12.1%42.3%45.8%0.0%13.5%0.4%-4.9K-142.4K-6.5K0.8095.98N/AN/A546861,085
2023-03-13$39.02$40.0066.7%13.9%41.9%34.3%57.5%13.7%-8.0%9.9K-415.5K-6.1K1.83103.98N/AN/A6116911,085
2023-03-14$39.89$40.0069.1%12.9%42.7%36.5%0.0%5.4%-0.4%23.2K-635.3K-6.1K0.0094.78N/AN/A017071,094
2023-03-15$40.27$40.0044.0%12.6%39.7%13.7%0.0%7.8%4.1%15.4K-698.4K-6.2K0.00101.03N/AN/A017071,094
2023-03-16$41.09$40.0040.2%11.5%39.9%10.3%0.0%-3.4%3.9%35.9K-936.7K-6.0K0.0096.60N/AN/A407071,094
2023-03-17$40.99$40.0050.9%14.6%39.6%20.0%0.0%5.7%-9.4%18.0K-1.0M-5.9K0.0099.64N/AN/A007071,094
2023-03-20$41.25$40.0052.3%15.0%39.6%21.3%44.9%5.9%-15.7%19.9K-736.3K-5.7K30.0098.09N/AN/A130578842
2023-03-21$41.93$40.0046.1%13.2%39.0%15.6%0.0%14.3%0.5%17.7K-827.9K-5.8K10.0096.76N/AN/A110579872
2023-03-22$40.86$40.0046.0%13.2%40.3%15.6%0.0%7.8%-7.2%19.9K-639.5K-5.4K0.39101.92N/AN/A187580872
2023-03-23$41.25$40.0043.6%12.5%39.6%13.4%40.0%3.8%-1.1%17.9K-816.2K-5.7K0.00100.40N/AN/A10598880
2023-03-24$41.41$40.0050.0%14.3%37.1%19.2%0.0%-4.4%-15.6%16.7K-760.6K-5.9K0.00103.08N/AN/A00598880
2023-03-27$41.69$40.0046.0%13.2%36.8%15.5%43.9%0.5%-0.2%19.8K-792.9K-5.6K0.3399.49N/AN/A31598880
2023-03-28$41.34$40.0044.7%12.8%34.4%14.3%0.0%-5.8%-3.5%16.1K-752.2K-5.6K0.00101.83N/AN/A01598879
2023-03-29$42.13$40.0043.0%12.3%34.3%12.8%40.5%11.7%9.3%21.6K-898.1K-5.4K0.0097.90N/AN/A40598880
2023-03-30$42.33$40.0047.5%13.6%30.6%16.9%43.0%6.7%-7.6%23.6K-839.0K-5.6K0.0799.62N/AN/A16411602880
2023-03-31$42.75$40.0030.0%8.6%29.9%1.0%39.9%3.1%3.8%34.6K-1.4M-6.5K0.0199.37N/AN/A1001765879