BX Options History — October 2009

In October 2009, BX traded between $12.90 and $17.11. ATM implied volatility averaged 52.6%, placing in the 6.4% IV rank vs the trailing year. The 30-day expected move averaged 15.9%. IV traded above realized volatility by 0.5% (HV 20d: 52.1%). Max pain ranged from $14.00 to $15.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.41.

Notable Days

  • 2009-10-14: Highest Volume — 45,094 contracts
  • 2009-10-12: Largest IV spike — 27.0% change
  • 2009-10-30: Highest IV Rank — 17.7%
  • 2009-10-30: Largest Expected Move — 19.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.04$12.90$17.11$13.81$13.42
Max Pain$14.73$14.00$15.00$15.00$15.00
ATM IV52.6%40.6%69.1%49.1%69.1%
Expected Move15.9%14.0%19.8%14.1%19.8%
HV 20d52.1%37.9%75.0%37.9%75.0%
HV 60d67.3%55.0%70.5%68.6%55.0%
IV Rank6.4%0.0%17.7%1.5%17.7%
IV Percentile13.0%0.0%44.8%2.8%44.8%
Term Structure1.5%-4.6%12.2%10.2%-0.2%
VWIV55.9%46.7%69.6%49.6%69.6%
Skew 25d5.0%0.5%8.5%3.6%5.5%
Skew 10d9.9%-2.3%17.5%1.9%12.8%
Call IV 25d54.0%45.4%68.6%48.0%68.6%
Put IV 25d59.0%50.2%74.1%51.6%74.1%
Bid-Ask Spread %15.449.4821.3812.0019.79
Gamma HHI0.150.110.220.110.13
Net GEX1.1M596.6K1.6M613.0K1.1M
Net DEX-69.7M-128.9M-18.0M-37.2M-35.1M
Net VEX-382.1K-418.0K-347.4K-366.1K-416.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.131.020.800.53
Total Volume10,855.1362,03745,0943,5374,813
Total OI208,522.591190,632237,575190,632237,575

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-10-01$13.81$15.0049.1%14.1%37.9%1.5%49.6%3.6%10.2%613.0K-37.2M-366.1K0.8012.00N/AN/A1,9661,571113,15377,479
2009-10-02$13.45$15.0048.9%14.0%39.6%1.4%46.7%3.9%12.2%596.6K-28.0M-353.8K0.7315.54N/AN/A2,4801,811113,58677,477
2009-10-05$13.68$14.0048.4%16.7%39.8%1.2%56.7%8.2%-0.9%616.0K-33.6M-347.4K1.0219.59N/AN/A1,9071,953113,55177,818
2009-10-06$14.53$14.0047.9%15.9%43.4%1.0%57.4%7.6%-1.2%690.7K-53.6M-363.2K0.4221.38N/AN/A7,3073,097114,35278,177
2009-10-07$14.61$14.0044.9%15.7%43.0%0.0%55.6%6.1%0.3%848.9K-54.4M-356.7K0.1721.15N/AN/A5,301908116,37979,052
2009-10-08$14.89$14.0044.9%15.6%41.5%0.0%54.3%5.8%0.1%916.5K-64.4M-364.1K0.3219.44N/AN/A3,088992118,90579,362
2009-10-09$14.85$14.0040.6%15.1%41.6%0.0%53.4%8.5%0.2%948.4K-62.9M-350.4K0.7416.14N/AN/A1,173864118,23478,807
2009-10-12$16.08$14.0051.5%15.6%48.9%4.7%54.4%6.1%-0.4%1.0M-99.8M-347.7K0.2315.56N/AN/A16,6093,819118,52579,203
2009-10-13$15.90$15.0050.1%15.7%49.3%5.9%54.9%4.8%-0.6%1.0M-94.4M-350.3K0.2411.00N/AN/A5,9191,421120,82480,956
2009-10-14$17.11$15.0046.1%16.0%52.8%3.4%55.8%3.5%1.0%1.4M-128.9M-349.4K0.239.48N/AN/A36,5648,530123,17081,619
2009-10-15$16.73$15.0057.0%16.3%53.4%10.1%58.1%5.0%1.5%1.5M-123.3M-405.5K0.5719.05N/AN/A8,4634,838135,83285,991
2009-10-16$16.24$15.0056.8%16.3%54.8%10.0%56.6%3.1%2.4%1.3M-111.0M-413.1K0.1813.39N/AN/A13,5802,424138,75288,676
2009-10-19$15.87$15.0052.9%15.2%53.6%7.6%54.7%5.5%3.9%1.3M-85.0M-413.8K0.2913.06N/AN/A11,2773,312128,68673,620
2009-10-20$15.87$15.0051.0%14.6%53.5%6.5%51.7%5.0%2.5%1.4M-84.5M-415.1K0.1312.78N/AN/A8,8891,146130,91475,574
2009-10-21$15.60$15.0051.6%14.8%53.8%6.8%52.9%2.8%2.4%1.4M-77.8M-410.4K0.2010.70N/AN/A7,7761,573132,20876,160
2009-10-22$16.09$15.0049.7%14.2%52.4%5.6%49.0%7.0%3.1%1.6M-91.5M-409.0K0.1512.17N/AN/A10,1081,560134,23476,911
2009-10-23$15.82$15.0048.8%14.0%52.5%5.1%49.3%4.3%4.5%1.6M-88.4M-418.0K0.4915.95N/AN/A4,0201,969139,03077,972
2009-10-26$15.10$15.0057.7%16.5%55.4%10.6%57.8%3.5%-1.8%1.4M-68.4M-398.9K0.2015.72N/AN/A6,3371,251140,35878,617
2009-10-27$14.39$15.0058.2%16.7%58.3%10.9%58.4%0.5%0.2%1.4M-52.4M-387.5K0.3915.40N/AN/A4,7851,883143,22379,114
2009-10-28$12.90$15.0067.9%19.5%70.1%16.9%67.8%4.2%-4.6%869.7K-18.0M-359.1K0.6615.69N/AN/A9,2406,083144,01680,177
2009-10-29$13.87$15.0064.4%18.5%74.6%14.7%64.8%5.8%-1.0%1.1M-41.3M-410.4K0.2014.71N/AN/A13,5202,686145,83483,394
2009-10-30$13.42$15.0069.1%19.8%75.0%17.7%69.6%5.5%-0.2%1.1M-35.1M-416.2K0.5319.79N/AN/A3,1361,677153,01384,562