BSY Options History — January 2025

In January 2025, BSY traded between $45.27 and $47.31. ATM implied volatility averaged 28.5%, placing in the 21.7% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 6.6% (HV 20d: 22.0%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 1.68.

Notable Days

  • 2025-01-17: Highest Volume — 867 contracts
  • 2025-01-10: Largest IV spike — 48.7% change
  • 2025-01-14: Highest IV Rank — 30.9%
  • 2025-01-27: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.28$45.27$47.31$46.51$46.38
Max Pain$45.50$45.00$50.00$50.00$45.00
ATM IV28.5%21.7%34.5%28.9%28.4%
Expected Move7.8%6.3%8.9%8.3%8.1%
HV 20d22.0%19.1%24.4%24.4%22.4%
HV 60d24.3%23.6%25.0%24.0%24.9%
IV Rank21.7%11.2%30.9%22.3%21.5%
IV Percentile34.2%0.8%65.9%41.7%34.5%
Term Structure2.1%-6.9%8.0%0.4%3.3%
VWIV27.7%19.5%31.1%29.3%30.2%
Skew 25d1.1%-10.2%8.6%0.3%-2.8%
Skew 10d-1.0%-10.3%14.3%8.2%-8.4%
Call IV 25d24.8%14.6%30.3%29.2%29.9%
Put IV 25d26.0%16.2%32.6%29.5%27.1%
Bid-Ask Spread %97.1586.27108.6095.2198.18
Gamma HHI0.390.330.470.450.35
Net GEX421.5K182.7K604.8K476.1K452.9K
Net DEX-4.9M-7.7M-2.4M-3.9M-6.6M
Net VEX-26.8K-32.1K-20.2K-27.3K-27.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.680.0020.000.000.15
Total Volume138.11867363
Total OI8,195.257,2049,4748,4507,658

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$46.51$50.0028.9%8.3%24.4%22.3%29.3%0.3%0.4%476.1K-3.9M-27.3K0.0095.21N/AN/A308,243207
2025-01-03$47.31$50.0023.5%6.7%23.3%14.0%27.9%-0.5%8.0%604.8K-4.9M-29.6K0.00100.44N/AN/A10108,242201
2025-01-06$46.91$45.0029.9%7.8%22.6%23.8%24.6%1.4%-2.9%588.6K-4.5M-26.8K0.0092.10N/AN/A908,342201
2025-01-07$46.09$45.0032.7%7.8%23.1%28.1%31.1%-1.5%5.0%472.9K-4.0M-25.0K0.0186.27N/AN/A30538,347201
2025-01-08$46.75$45.0021.7%6.3%22.5%11.2%0.0%-10.2%0.5%498.8K-3.8M-25.2K0.0096.51N/AN/A1108,612203
2025-01-10$46.13$45.0032.3%8.3%21.5%27.5%29.0%4.6%3.4%366.8K-3.1M-22.4K0.1194.97N/AN/A119138,623203
2025-01-13$45.27$45.0034.3%8.2%22.3%30.6%28.6%-3.2%6.1%207.5K-2.4M-20.2K0.8892.61N/AN/A16148,725215
2025-01-14$46.33$45.0034.5%8.1%23.7%30.9%27.9%-0.5%1.0%318.6K-3.3M-23.0K0.0093.38N/AN/A108,741221
2025-01-15$46.46$45.0026.6%7.6%23.3%18.7%26.6%4.9%0.9%294.7K-3.3M-21.7K0.7793.75N/AN/A1971528,742210
2025-01-16$46.11$45.0027.3%7.8%22.7%19.7%26.9%-2.0%0.9%301.2K-3.4M-24.3K0.0294.09N/AN/A17438,939359
2025-01-17$45.55$45.0025.5%7.3%22.4%17.1%25.5%-2.3%1.8%182.7K-2.9M-24.5K0.0393.23N/AN/A843249,112362
2025-01-21$46.12$45.0028.3%8.1%20.2%21.4%28.3%8.2%0.8%439.6K-6.2M-30.8K0.0496.18N/AN/A7036,892312
2025-01-22$46.39$45.0026.0%7.5%19.6%17.8%26.0%8.6%3.4%463.8K-6.3M-28.9K4.00100.71N/AN/A146,942314
2025-01-23$46.14$45.0025.6%7.3%19.2%17.2%0.0%1.5%-6.9%511.3K-6.6M-32.1K0.06108.60N/AN/A5036,943317
2025-01-24$46.00$45.0028.3%8.1%19.1%21.3%19.5%7.4%3.1%438.0K-6.2M-30.4K20.00105.83N/AN/A102006,981320
2025-01-27$47.03$45.0031.2%8.9%21.0%25.8%30.4%1.6%0.0%532.5K-7.7M-31.7K0.5397.19N/AN/A1586,991513
2025-01-28$46.77$45.0028.6%8.2%20.9%21.8%28.6%8.6%3.5%473.4K-7.2M-29.6K4.50101.89N/AN/A6276,991513
2025-01-29$45.60$45.0028.6%8.2%22.6%21.8%28.5%4.0%6.4%403.2K-5.6M-27.0K0.00106.33N/AN/A0276,996488
2025-01-30$45.67$45.0028.5%8.2%22.6%21.6%29.3%-5.4%3.2%403.3K-5.7M-27.8K0.7795.59N/AN/A1621256,996487
2025-01-31$46.38$45.0028.4%8.1%22.4%21.5%30.2%-2.8%3.3%452.9K-6.6M-27.7K0.1598.18N/AN/A5587,158500