BSY Options History — November 2023

In November 2023, BSY traded between $47.70 and $53.26. ATM implied volatility averaged 30.0%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded below realized volatility by 10.3% (HV 20d: 40.2%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 2.32.

Notable Days

  • 2023-11-14: Highest Volume — 1,931 contracts
  • 2023-11-30: Largest IV spike — 122.5% change
  • 2023-11-30: Highest IV Rank — 49.8%
  • 2023-11-30: Largest Expected Move — 14.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.47$47.70$53.26$48.00$51.93
Max Pain$49.76$45.00$50.00$45.00$50.00
ATM IV30.0%18.3%48.7%28.5%48.7%
Expected Move8.4%5.3%14.0%8.2%14.0%
HV 20d40.2%23.4%46.3%24.1%42.6%
HV 60d31.1%24.5%33.0%27.3%31.9%
IV Rank17.7%0.0%49.8%14.1%49.8%
IV Percentile26.7%0.0%87.7%19.8%87.7%
Term Structure-1.6%-23.1%14.5%-2.5%-23.1%
VWIV30.2%21.8%42.1%35.0%21.8%
Skew 25d6.1%-1.4%22.4%4.4%20.3%
Skew 10d12.9%2.0%39.5%22.6%20.7%
Call IV 25d28.0%17.2%36.7%36.7%24.0%
Put IV 25d34.1%27.2%46.4%41.1%44.3%
Bid-Ask Spread %94.0878.92108.8693.03108.86
Gamma HHI0.510.340.830.740.35
Net GEX1.2M-5.7K3.0M1.9M16.2K
Net DEX-21.6M-46.4M-731.2K-15.8M-731.2K
Net VEX-33.3K-47.9K-12.8K-45.6K-31.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.320.0028.450.080.00
Total Volume211.1961,93113246
Total OI10,910.5243,66117,01714,3923,834

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$48.00$45.0028.5%8.2%24.1%14.1%35.0%4.4%-2.5%1.9M-15.8M-45.6K0.0893.03N/AN/A12113,2081,184
2023-11-02$47.83$50.0030.0%9.8%23.4%16.4%33.2%-1.4%-0.6%2.0M-16.4M-44.2K4.5083.75N/AN/A62713,2141,184
2023-11-03$49.44$50.0040.1%10.8%25.7%32.1%37.9%4.4%-6.1%2.2M-22.4M-47.9K0.2187.16N/AN/A531113,2141,182
2023-11-06$47.70$50.0047.1%9.8%28.0%42.8%33.7%3.9%-3.4%1.8M-13.9M-38.1K1.2778.92N/AN/A46959513,1701,181
2023-11-07$52.22$50.0028.7%8.1%44.0%14.5%27.3%1.3%7.0%2.8M-41.8M-37.1K0.0190.81N/AN/A374213,5011,544
2023-11-08$51.26$50.0027.8%8.0%44.0%13.1%30.3%1.3%-1.1%3.0M-34.9M-38.1K0.5094.50N/AN/A4213,3941,567
2023-11-09$50.26$50.0024.0%6.9%44.2%7.3%0.0%13.6%5.8%2.8M-29.3M-38.8K28.45102.13N/AN/A1131313,3951,566
2023-11-10$51.85$50.0027.7%7.9%45.7%14.0%26.8%0.6%3.9%186.1K-46.4M-13.2K0.6989.22N/AN/A13913,3971,869
2023-11-13$51.73$50.0030.3%8.7%45.5%18.3%27.8%3.9%-2.6%814.6K-46.0M-12.8K0.0097.29N/AN/A9013,3881,878
2023-11-14$53.26$50.0023.4%6.7%46.3%6.9%22.0%1.9%1.3%2.4M-45.8M-27.6K7.4090.11N/AN/A2301,70113,3881,878
2023-11-15$52.96$50.0035.6%10.2%46.0%27.1%42.1%3.6%-20.6%2.4M-42.9M-43.0K0.00108.68N/AN/A12013,4063,576
2023-11-16$52.94$50.0020.7%5.9%44.1%2.3%26.6%2.4%-0.1%2.5M-44.4M-37.6K0.0286.02N/AN/A41113,4333,576
2023-11-17$52.63$50.0023.6%6.8%43.3%7.1%36.8%22.4%-5.4%-5.7K-44.8M-33.1K0.0098.78N/AN/A30013,4413,576
2023-11-20$53.03$50.0028.7%8.2%43.3%15.7%26.0%6.3%4.4%24.7K-1.3M-30.5K0.0088.78N/AN/A1101,2242,437
2023-11-21$52.66$50.0018.3%5.3%43.4%0.0%28.8%17.2%3.2%14.7K-1.7M-29.6K0.0096.79N/AN/A701,2352,437
2023-11-22$52.16$50.0036.5%10.5%42.3%29.8%26.7%9.2%-9.2%29.1K-957.3K-31.4K1.5097.51N/AN/A461,2352,437
2023-11-24$52.43$50.0026.4%7.6%42.1%13.3%34.1%3.8%-0.7%16.9K-1.2M-30.9K0.0093.38N/AN/A601,2382,438
2023-11-27$51.86$50.0032.7%9.4%42.3%23.6%28.0%6.3%14.5%1.9K-1.0M-29.2K3.00100.10N/AN/A33991,2442,438
2023-11-28$51.97$50.0028.6%8.2%42.3%16.9%33.5%-1.2%2.6%14.6K-994.3K-29.6K1.1196.22N/AN/A9101,2522,547
2023-11-29$52.69$50.0021.9%6.3%42.4%5.8%26.3%3.6%-0.3%24.1K-1.5M-29.0K0.0793.71N/AN/A7351,2582,557
2023-11-30$51.93$50.0048.7%14.0%42.6%49.8%21.8%20.3%-23.1%16.2K-731.2K-31.4K0.00108.86N/AN/A24511,2772,557