BX Options History — July 2015

In July 2015, BX traded between $38.09 and $41.98. ATM implied volatility averaged 24.6%, placing in the 31.6% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 0.2% (HV 20d: 24.4%). Max pain ranged from $42.00 to $42.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.40.

Notable Days

  • 2015-07-22: Highest Volume — 348,082 contracts
  • 2015-07-24: Largest IV spike — 19.5% change
  • 2015-07-08: Highest IV Rank — 58.7%
  • 2015-07-08: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.19$38.09$41.98$40.89$39.28
Max Pain$42.00$42.00$42.00$42.00$42.00
ATM IV24.6%19.3%31.5%25.5%23.1%
Expected Move6.9%5.5%8.2%7.5%6.8%
HV 20d24.4%17.9%31.4%17.9%31.1%
HV 60d19.4%16.7%22.3%16.7%21.6%
IV Rank31.6%11.1%58.7%35.1%25.6%
IV Percentile62.4%11.5%98.4%75.0%55.2%
Term Structure-0.5%-1.6%1.1%-1.4%1.1%
VWIV24.1%17.1%28.9%25.6%22.4%
Skew 25d4.4%1.1%5.9%4.8%3.8%
Skew 10d8.8%1.8%14.9%7.4%7.7%
Call IV 25d23.2%17.7%29.7%23.2%22.2%
Put IV 25d27.6%20.4%35.2%28.0%25.9%
Bid-Ask Spread %12.137.0518.2313.3510.05
Gamma HHI0.100.080.130.090.10
Net GEX-3.7M-10.4M3.5M-1.1M-5.4M
Net DEX-22.6M-213.9M223.6M-63.4M30.8M
Net VEX-2.7M-3.2M-2.3M-2.4M-3.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.400.043.970.571.33
Total Volume52,719.09117,691348,08219,12036,956
Total OI444,312.136398,398479,181408,376474,164

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-07-01$40.89$42.0025.5%7.5%17.9%35.1%25.6%4.8%-1.4%-1.1M-63.4M-2.4M0.5713.35N/AN/A12,1476,973181,299227,077
2015-07-02$41.26$42.0024.7%7.1%17.9%32.2%24.8%4.0%-1.4%-1.9M-82.5M-2.4M0.5914.91N/AN/A11,1216,570177,432227,925
2015-07-06$40.47$42.0027.0%7.0%18.8%40.9%24.2%5.2%-1.0%-4.5M-19.5M-2.3M0.5314.56N/AN/A17,0309,037172,864225,534
2015-07-07$39.81$42.0028.9%7.4%18.9%48.4%28.5%5.8%-1.4%-6.6M33.4M-2.5M1.537.40N/AN/A22,81634,853184,100229,369
2015-07-08$38.61$42.0031.5%8.2%20.6%58.7%28.9%5.5%-1.3%-5.8M90.9M-2.6M0.879.94N/AN/A16,11514,066198,314232,285
2015-07-09$39.10$42.0030.4%8.0%19.4%54.4%28.0%5.9%-1.5%-6.2M60.3M-2.7M0.9010.16N/AN/A12,59711,321205,943239,222
2015-07-10$39.56$42.0025.9%7.2%19.5%36.9%26.7%3.7%-0.2%-7.0M17.1M-2.8M1.6717.18N/AN/A7,73112,879212,427241,776
2015-07-13$40.84$42.0025.3%6.8%23.2%34.4%23.7%5.5%-1.6%-1.1M-94.0M-2.9M0.8118.23N/AN/A12,56810,211208,844242,264
2015-07-14$41.06$42.0025.1%6.9%23.2%33.4%24.6%4.9%-0.7%475.3K-125.7M-2.9M1.4011.38N/AN/A21,17329,583214,072243,246
2015-07-15$41.27$42.0023.9%6.7%23.3%29.0%23.5%5.1%-0.1%106.6K-140.7M-2.7M0.5715.46N/AN/A18,15210,293210,809249,061
2015-07-16$41.98$42.0019.6%5.5%24.1%12.1%22.8%4.6%-0.6%3.1M-213.9M-2.6M1.0111.07N/AN/A26,75727,092213,190250,554
2015-07-17$41.61$42.0020.1%5.7%24.3%14.0%20.8%4.0%-0.5%855.2K-167.8M-2.5M1.3614.12N/AN/A13,55518,409211,863243,080
2015-07-20$41.57$42.0020.9%6.0%24.0%17.4%21.1%4.6%0.3%120.7K-127.0M-2.5M0.8912.57N/AN/A15,34613,697193,172232,436
2015-07-21$41.86$42.0019.7%5.6%24.0%12.3%21.5%4.6%0.9%1.5M-152.1M-2.6M1.4811.60N/AN/A8,07511,932199,035236,873
2015-07-22$41.48$42.0019.3%5.5%24.2%11.1%17.1%1.1%0.4%3.5M-118.4M-2.6M0.048.81N/AN/A334,45413,628194,771237,355
2015-07-23$39.76$42.0022.0%6.3%27.9%21.5%20.9%4.7%-0.7%-8.0M58.4M-2.7M3.979.65N/AN/A17,81070,779184,172241,852
2015-07-24$38.19$42.0026.3%7.6%31.0%38.3%25.1%4.2%-0.2%-10.4M223.6M-2.8M1.337.05N/AN/A29,33538,942187,565269,898
2015-07-27$38.09$42.0027.5%7.9%30.6%42.8%26.1%3.7%-0.5%-10.4M155.5M-3.0M3.3410.04N/AN/A15,58552,034199,923258,078
2015-07-28$38.70$42.0026.8%7.8%30.8%40.1%26.0%4.7%-1.6%-9.6M96.8M-3.1M1.9411.48N/AN/A14,12827,425205,065267,525
2015-07-29$39.36$42.0024.1%7.0%31.4%29.8%24.5%3.1%0.8%-7.7M30.4M-3.2M1.9915.20N/AN/A13,90927,624211,059268,122
2015-07-30$39.35$42.0023.6%6.7%31.4%27.6%22.5%4.0%-0.8%-4.6M9.8M-3.2M2.7012.76N/AN/A9,49725,615216,108255,144
2015-07-31$39.28$42.0023.1%6.8%31.1%25.6%22.4%3.8%1.1%-5.4M30.8M-3.1M1.3310.05N/AN/A15,83021,126216,790257,374