BX Options History — July 2014

In July 2014, BX traded between $32.26 and $36.02. ATM implied volatility averaged 25.7%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 4.8% (HV 20d: 20.9%). Max pain ranged from $30.00 to $39.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.71.

Notable Days

  • 2014-07-23: Highest Volume — 251,052 contracts
  • 2014-07-31: Largest IV spike — 11.4% change
  • 2014-07-10: Highest IV Rank — 32.6%
  • 2014-07-08: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.93$32.26$36.02$33.58$32.68
Max Pain$32.76$30.00$39.00$30.00$37.00
ATM IV25.7%21.1%29.6%27.8%26.2%
Expected Move7.9%7.1%8.6%8.0%7.6%
HV 20d20.9%14.7%29.6%20.6%29.6%
HV 60d23.5%21.3%27.8%27.8%23.8%
IV Rank17.2%0.0%32.6%25.2%21.3%
IV Percentile26.5%0.0%69.0%45.2%25.0%
Term Structure-0.5%-2.5%1.4%-0.7%-0.6%
VWIV28.7%24.8%31.6%30.5%28.0%
Skew 25d2.9%1.3%5.1%5.1%2.1%
Skew 10d5.5%0.5%19.4%7.9%0.5%
Call IV 25d24.6%20.2%29.1%25.1%25.5%
Put IV 25d27.5%22.7%32.1%30.2%27.6%
Bid-Ask Spread %24.7815.3030.8824.7229.29
Gamma HHI0.130.100.180.120.10
Net GEX9.4M-280.9K21.8M11.7M-280.9K
Net DEX-359.5M-620.6M-120.6M-388.2M-120.6M
Net VEX-2.7M-2.9M-2.4M-2.9M-2.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.031.530.970.79
Total Volume28,620.5454,810251,05215,14512,693
Total OI473,485.636432,404518,198468,248448,576

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-07-01$33.58$30.0027.8%8.0%20.6%25.2%30.5%5.1%-0.7%11.7M-388.2M-2.9M0.9724.72N/AN/A7,6987,447256,891211,357
2014-07-02$33.84$30.0027.1%7.8%19.3%22.1%28.4%2.7%-1.0%13.0M-412.7M-2.8M0.3524.34N/AN/A15,8325,508258,173212,556
2014-07-03$33.79$30.0026.5%8.0%17.8%19.5%28.4%3.5%-1.0%11.1M-405.0M-2.7M1.0321.18N/AN/A3,9814,082257,017215,341
2014-07-07$33.28$30.0027.6%8.4%14.7%24.3%30.1%3.5%-1.0%10.0M-350.1M-2.7M0.9219.97N/AN/A5,2184,788255,740215,744
2014-07-08$32.73$30.0029.5%8.6%15.5%32.3%29.8%3.9%-2.5%8.1M-293.1M-2.8M0.1724.08N/AN/A20,3803,461258,224219,031
2014-07-09$32.85$30.0029.3%8.5%15.5%31.5%31.6%3.7%-2.0%9.6M-308.5M-2.9M0.8527.77N/AN/A2,5942,216265,821220,458
2014-07-10$32.26$30.0029.6%8.5%16.1%32.6%30.4%3.1%-1.6%8.4M-236.3M-2.9M1.5329.11N/AN/A5,7278,765266,589221,325
2014-07-11$32.27$30.0028.8%8.3%15.8%29.3%30.7%2.5%-0.8%8.9M-238.6M-2.9M0.5023.37N/AN/A3,4351,715268,174227,041
2014-07-14$32.80$30.0028.1%8.4%16.9%26.2%30.6%4.0%0.1%10.8M-304.2M-2.8M0.2822.00N/AN/A11,1023,070264,950222,512
2014-07-15$33.40$30.0026.8%8.4%17.9%20.8%30.8%3.5%-0.6%12.9M-382.6M-2.8M0.8319.42N/AN/A12,42010,342269,407224,209
2014-07-16$33.98$30.0026.7%8.2%18.7%20.1%29.0%3.9%-0.2%14.7M-470.2M-2.7M0.2321.24N/AN/A37,1828,694277,371230,205
2014-07-17$34.14$30.0024.9%8.1%18.4%12.4%29.1%2.1%-0.0%21.8M-499.0M-2.6M0.3318.93N/AN/A38,36912,491283,626231,845
2014-07-18$35.70$30.0022.8%8.1%24.1%3.5%28.4%4.0%1.4%14.1M-620.6M-2.4M0.5015.30N/AN/A23,27611,631280,640237,558
2014-07-21$35.62$0.0023.4%7.1%23.9%6.2%26.8%4.5%-0.3%10.9M-509.7M-2.4M0.3126.24N/AN/A20,1846,293244,663218,227
2014-07-22$35.57$35.0022.2%7.3%23.9%0.9%24.8%1.5%0.2%12.0M-509.8M-2.4M0.9429.31N/AN/A7,6577,210252,695221,459
2014-07-23$36.02$38.0021.1%7.2%22.5%0.0%26.2%2.5%0.4%14.1M-560.5M-2.5M0.0330.88N/AN/A243,7667,286255,209227,458
2014-07-24$35.01$38.0022.9%7.5%25.4%7.5%28.1%1.3%0.3%4.5M-313.1M-2.5M1.2630.34N/AN/A9,13811,472202,418229,986
2014-07-25$34.47$35.0022.9%7.6%25.9%7.7%25.6%2.0%0.3%433.0K-264.5M-2.5M1.1524.79N/AN/A4,6305,319205,616237,463
2014-07-28$34.34$38.0024.4%7.5%25.8%13.8%27.7%1.3%-0.1%3.3M-250.7M-2.6M0.9027.14N/AN/A4,3463,919207,120229,798
2014-07-29$34.19$39.0023.8%7.6%25.9%11.3%26.5%1.7%-0.1%3.1M-247.2M-2.6M0.6927.27N/AN/A3,8612,681208,495231,808
2014-07-30$34.02$38.0023.5%7.7%26.0%10.2%29.5%1.4%-0.2%2.5M-224.3M-2.6M1.0928.54N/AN/A3,7144,059210,394233,494
2014-07-31$32.68$37.0026.2%7.6%29.6%21.3%28.0%2.1%-0.6%-280.9K-120.6M-2.7M0.7929.29N/AN/A7,0745,619211,959236,617