BSY Options History — February 2025

In February 2025, BSY traded between $43.91 and $47.50. ATM implied volatility averaged 32.9%, placing in the 28.4% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 11.6% (HV 20d: 21.3%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 16.44.

Notable Days

  • 2025-02-25: Highest Volume — 575 contracts
  • 2025-02-07: Largest IV drop — 21.6% change
  • 2025-02-25: Highest IV Rank — 38.6%
  • 2025-02-25: Largest Expected Move — 11.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.14$43.91$47.50$45.92$43.91
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV32.9%25.5%39.5%29.8%30.9%
Expected Move9.8%8.5%11.3%8.5%8.9%
HV 20d21.3%18.8%22.7%22.7%22.7%
HV 60d22.9%21.7%25.0%24.8%22.8%
IV Rank28.4%17.0%38.6%23.6%25.4%
IV Percentile55.8%7.5%80.2%46.4%50.4%
Term Structure-2.2%-16.4%7.2%3.1%-1.3%
VWIV33.6%26.4%39.7%29.7%34.4%
Skew 25d2.2%-9.9%16.5%9.3%-8.6%
Skew 10d2.3%-14.0%16.4%16.4%-13.1%
Call IV 25d30.3%19.5%45.4%25.8%32.1%
Put IV 25d32.5%23.1%42.1%35.1%23.5%
Bid-Ask Spread %91.6464.12109.38106.1088.81
Gamma HHI0.400.350.500.370.40
Net GEX376.7K156.6K579.0K448.7K177.8K
Net DEX-6.7M-10.5M-2.7M-5.8M-2.8M
Net VEX-33.2K-43.4K-24.5K-26.1K-36.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio16.440.00160.0051.0015.88
Total Volume194.474157552135
Total OI7,255.4744,1019,3687,7194,930

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$45.92$45.0029.8%8.5%22.7%23.6%29.7%9.3%3.1%448.7K-5.8M-26.1K51.00106.10N/AN/A1517,213506
2025-02-04$46.65$45.0029.7%8.5%22.6%23.5%29.7%8.3%3.6%456.9K-6.9M-27.6K0.00104.76N/AN/A0317,212524
2025-02-05$46.80$45.0030.9%8.9%22.4%25.4%32.3%8.3%2.2%473.1K-7.1M-27.4K2.33109.38N/AN/A377,212510
2025-02-06$46.59$45.0032.5%9.7%21.5%27.8%26.4%4.6%7.2%465.4K-7.0M-27.0K0.00101.45N/AN/A107,212510
2025-02-07$45.72$45.0025.5%10.7%21.9%17.0%0.0%2.4%-5.2%445.1K-5.6M-24.5K0.0097.05N/AN/A40007,211511
2025-02-10$46.17$45.0027.8%9.7%21.7%20.6%33.7%-1.1%-1.1%489.5K-7.1M-30.7K0.0094.29N/AN/A0397,610511
2025-02-11$46.57$45.0027.7%9.6%20.7%20.5%0.0%-0.2%0.9%480.1K-7.5M-29.7K0.0091.43N/AN/A107,610540
2025-02-12$46.18$45.0033.3%9.5%19.3%29.1%33.3%3.9%-7.8%497.1K-7.0M-29.0K0.0084.97N/AN/A0257,609540
2025-02-13$46.59$45.0035.2%10.1%19.6%32.0%0.0%5.5%-16.4%477.3K-7.7M-29.4K0.0091.93N/AN/A027,609542
2025-02-14$47.03$45.0034.2%9.8%19.6%30.5%33.0%0.4%-3.7%288.0K-8.8M-27.8K0.0685.93N/AN/A404247,609542
2025-02-18$47.50$45.0037.0%10.6%19.2%34.8%34.3%7.4%-3.8%305.8K-10.3M-34.5K0.0690.97N/AN/A536308,011560
2025-02-19$47.44$45.0037.1%10.6%18.8%34.9%37.2%5.2%-4.8%579.0K-10.5M-43.4K13.7893.73N/AN/A182488,547586
2025-02-20$46.35$45.0036.6%10.5%20.7%34.2%34.6%-1.7%0.7%531.0K-8.9M-42.3K2.0088.71N/AN/A5108,554814
2025-02-21$45.65$45.0036.6%10.5%21.3%34.1%36.6%-6.5%-1.1%237.0K-9.1M-39.1K160.0099.63N/AN/A23208,557811
2025-02-24$46.65$45.0037.7%10.8%22.7%35.8%37.7%16.5%-4.2%220.5K-4.9M-41.3K0.9290.66N/AN/A13123,478623
2025-02-25$45.84$45.0039.5%11.3%22.1%38.6%39.7%2.1%-4.2%217.8K-4.2M-40.2K0.2664.12N/AN/A4581173,478623
2025-02-26$45.20$45.0031.2%8.9%22.5%25.8%30.9%-5.0%-2.4%210.9K-3.9M-39.2K0.3177.20N/AN/A181573,802718
2025-02-27$43.99$45.0031.7%9.1%22.7%26.5%34.4%-9.9%-2.6%156.6K-2.7M-35.9K0.0280.05N/AN/A55593,702717
2025-02-28$43.91$45.0030.9%8.9%22.7%25.4%0.0%-8.6%-1.3%177.8K-2.8M-36.7K15.8888.81N/AN/A81274,218712