BSY Options History — March 2024

In March 2024, BSY traded between $48.19 and $52.16. ATM implied volatility averaged 37.4%, placing in the 32.0% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded below realized volatility by 0.6% (HV 20d: 38.1%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 1.49.

Notable Days

  • 2024-03-11: Highest Volume — 1,021 contracts
  • 2024-03-13: Largest IV drop — 64.1% change
  • 2024-03-12: Highest IV Rank — 94.8%
  • 2024-03-26: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.12$48.19$52.16$51.06$52.16
Max Pain$49.25$45.00$50.00$50.00$50.00
ATM IV37.4%24.1%76.1%31.0%27.1%
Expected Move8.7%6.9%12.6%8.9%7.8%
HV 20d38.1%28.5%44.8%37.5%28.6%
HV 60d35.0%32.6%36.0%33.5%32.6%
IV Rank32.0%9.6%94.8%20.7%15.2%
IV Percentile52.5%7.5%99.6%47.6%25.4%
Term Structure2.5%-14.6%25.6%-0.0%6.6%
VWIV30.1%25.9%36.1%33.0%26.8%
Skew 25d8.7%0.0%38.9%4.6%0.6%
Skew 10d12.1%-31.7%46.6%14.0%-31.7%
Call IV 25d29.5%23.6%34.7%31.9%26.9%
Put IV 25d38.2%27.5%73.6%36.5%27.5%
Bid-Ask Spread %97.3281.23123.08108.23101.77
Gamma HHI0.350.270.450.450.36
Net GEX172.3K-61.3K442.9K197.1K427.8K
Net DEX-3.3M-8.3M107.0K-3.0M-8.3M
Net VEX-35.5K-41.8K-31.8K-35.7K-41.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.490.008.530.000.00
Total Volume185.181,021788
Total OI6,172.155,4257,3345,9906,559

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$51.06$50.0031.0%8.9%37.5%20.7%0.0%4.6%-0.0%197.1K-3.0M-35.7K0.00108.23N/AN/A7803,2312,759
2024-03-04$51.24$45.0031.8%9.9%37.5%22.1%0.0%23.3%8.4%189.5K-3.5M-36.0K0.0091.62N/AN/A1903,2982,779
2024-03-05$48.19$45.0024.1%9.3%43.2%9.6%33.0%1.7%-0.4%-61.3K107.0K-33.3K5.1184.70N/AN/A9463,2912,779
2024-03-06$49.70$45.0037.1%8.7%44.8%30.8%30.3%1.9%-9.8%25.6K-1.4M-31.8K0.5081.23N/AN/A42213,2932,805
2024-03-07$49.58$50.0060.2%9.2%43.9%68.7%36.1%15.4%-0.8%99.7K-1.8M-33.1K0.4791.78N/AN/A3331573,3252,823
2024-03-08$49.38$50.0058.9%8.7%43.9%66.5%30.7%9.1%0.7%60.4K-1.2M-32.9K5.6788.53N/AN/A3173,3412,920
2024-03-11$48.76$50.0073.9%8.4%43.5%91.1%30.5%15.3%2.5%23.7K-202.3K-32.7K0.0099.06N/AN/A1,01923,3442,937
2024-03-12$48.88$50.0076.1%8.5%42.9%94.8%29.9%0.9%3.2%126.7K-1.6M-34.8K0.0090.39N/AN/A1103,7912,935
2024-03-13$48.59$50.0027.3%7.8%40.8%15.6%27.3%28.9%4.3%81.7K-1.1M-34.9K0.1498.34N/AN/A71103,7952,935
2024-03-14$48.58$50.0030.9%8.9%38.0%21.8%30.6%0.0%1.9%90.1K-660.2K-33.6K8.5388.78N/AN/A595033,8582,945
2024-03-15$48.81$50.0028.8%8.3%37.5%18.2%28.9%1.0%1.5%108.5K-1.2M-36.1K0.1597.02N/AN/A2643,8913,443
2024-03-18$49.04$50.0028.9%8.3%36.9%18.3%28.9%3.0%2.5%109.7K-2.0M-34.7K0.2696.66N/AN/A74192,9402,485
2024-03-19$50.11$50.0027.7%7.9%37.5%16.3%28.3%2.6%4.5%162.8K-3.2M-35.8K0.4094.53N/AN/A65262,9982,485
2024-03-20$50.76$50.0028.6%8.2%37.4%17.9%29.1%3.5%5.0%215.4K-4.4M-36.3K0.4395.40N/AN/A733,0552,503
2024-03-21$51.59$50.0028.2%8.1%36.5%17.2%25.9%6.8%4.5%271.0K-6.8M-34.2K0.04102.94N/AN/A8943,0602,505
2024-03-22$51.84$50.0024.1%6.9%36.4%10.1%28.4%6.0%25.6%223.3K-5.5M-38.0K0.02107.93N/AN/A5313,0942,506
2024-03-25$51.34$50.0029.0%8.3%36.4%18.5%0.0%3.2%1.3%270.3K-5.6M-35.1K0.0098.40N/AN/A88023,1432,506
2024-03-26$51.26$50.0044.1%12.6%29.5%44.7%35.8%38.9%-14.6%442.9K-7.6M-38.4K0.07123.08N/AN/A3024,0212,508
2024-03-27$51.62$50.0030.7%8.8%28.5%21.4%30.6%7.5%4.1%382.1K-7.2M-41.7K8.00106.06N/AN/A184,0492,508
2024-03-28$52.16$50.0027.1%7.8%28.6%15.2%26.8%0.6%6.6%427.8K-8.3M-41.8K0.00101.77N/AN/A804,0492,510