BX Options History — December 2015

In December 2015, BX traded between $27.85 and $31.71. ATM implied volatility averaged 32.5%, placing in the 47.0% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 0.5% (HV 20d: 32.0%). Max pain ranged from $31.00 to $35.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.99.

Notable Days

  • 2015-12-14: Highest Volume — 60,541 contracts
  • 2015-12-11: Largest IV spike — 18.3% change
  • 2015-12-14: Highest IV Rank — 71.2%
  • 2015-12-14: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.04$27.85$31.71$31.71$29.30
Max Pain$32.73$31.00$35.00$32.00$31.00
ATM IV32.5%27.4%40.7%27.4%33.2%
Expected Move9.3%8.0%11.6%8.2%9.2%
HV 20d32.0%24.6%38.2%25.0%35.8%
HV 60d36.0%30.5%38.5%37.7%30.5%
IV Rank47.0%32.2%71.2%32.2%49.2%
IV Percentile79.3%64.3%94.8%66.7%82.5%
Term Structure0.7%-1.0%3.9%0.2%0.4%
VWIV32.9%28.6%39.3%28.7%38.6%
Skew 25d5.5%3.8%8.1%3.8%6.0%
Skew 10d11.6%1.3%18.1%7.6%15.4%
Call IV 25d30.4%25.4%38.8%25.4%30.6%
Put IV 25d35.9%29.3%45.3%29.3%36.7%
Bid-Ask Spread %15.328.8824.3915.6114.47
Gamma HHI0.140.120.180.120.13
Net GEX-196.4K-2.4M3.1M1.3M-947.1K
Net DEX39.5M-26.6M129.4M-6.9M55.6M
Net VEX-1.1M-1.3M-820.2K-829.2K-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.990.433.140.433.14
Total Volume19,467.6825,49160,5417,23119,903
Total OI274,168176,913318,069176,913301,480

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-12-01$31.71$32.0027.4%8.2%25.0%32.2%28.7%3.8%0.2%1.3M-6.9M-829.2K0.4315.61N/AN/A5,0702,161116,87360,040
2015-12-02$30.56$32.0031.0%9.5%27.0%42.7%33.7%4.7%0.3%-350.5K51.2M-1.0M0.7724.39N/AN/A10,8398,382154,36784,126
2015-12-03$30.38$35.0031.1%9.1%25.8%43.1%32.2%4.5%-0.1%-1.1M76.5M-820.2K0.9318.08N/AN/A12,21811,315157,11886,669
2015-12-04$30.63$35.0028.9%8.2%26.3%36.6%30.1%4.5%0.0%-954.6K55.6M-1.1M0.9820.53N/AN/A10,74810,579162,92292,767
2015-12-07$30.41$32.0030.0%8.9%25.6%39.9%30.0%4.3%0.9%-1.5M37.1M-859.3K0.5611.76N/AN/A3,5181,973127,85768,572
2015-12-08$29.98$35.0032.1%9.3%24.6%46.0%32.5%4.8%0.3%-1.7M79.1M-992.3K0.5014.10N/AN/A18,6969,389162,89692,396
2015-12-09$30.50$34.0032.8%9.7%25.5%47.8%32.4%5.3%1.4%-507.0K47.7M-1.2M1.0715.45N/AN/A7,4437,945175,75494,881
2015-12-10$30.31$34.0032.4%9.5%25.6%46.9%33.0%5.4%0.7%-1.3M63.9M-1.1M1.2711.46N/AN/A6,1967,899176,99296,459
2015-12-11$28.81$34.0038.4%10.9%29.2%64.4%38.6%8.1%-0.2%-2.3M105.8M-1.0M0.9015.72N/AN/A9,6528,728177,49697,311
2015-12-14$27.85$34.0040.7%11.6%30.7%71.2%39.3%6.6%-1.0%-2.4M129.4M-889.0K0.9021.79N/AN/A31,83828,703176,29898,300
2015-12-15$28.90$34.0037.9%10.9%32.5%62.9%37.0%7.8%-0.7%-1.6M81.8M-1.2M0.8814.06N/AN/A10,5429,259199,556118,513
2015-12-16$29.66$34.0035.3%10.1%34.1%55.3%33.5%5.4%-0.0%-1.7M59.4M-1.0M0.4721.29N/AN/A13,6546,427199,829108,983
2015-12-17$30.53$34.0031.1%8.9%35.1%43.0%36.0%7.1%0.1%903.5K-10.8M-1.3M1.0817.11N/AN/A13,69014,769206,313109,392
2015-12-18$29.60$32.0033.2%9.5%36.6%49.0%34.2%6.8%0.2%512.0K31.0M-1.2M1.118.88N/AN/A9,73910,777211,03898,395
2015-12-21$30.08$32.0033.1%9.2%37.1%48.9%30.8%3.9%-0.5%621.7K11.4M-990.2K0.7813.36N/AN/A13,48910,509187,09185,399
2015-12-22$30.04$31.0031.0%9.0%37.1%42.6%30.6%4.3%2.3%1.3M7.5M-1.2M0.7613.33N/AN/A7,0135,349195,49491,677
2015-12-23$30.82$31.0028.9%8.0%38.2%36.4%28.6%4.5%2.4%3.1M-26.6M-1.2M0.6114.27N/AN/A8,1845,017196,17192,882
2015-12-24$30.67$31.0028.6%8.1%37.9%35.8%28.7%5.2%3.9%3.1M-21.2M-1.2M0.7416.22N/AN/A6,7745,024198,58293,298
2015-12-28$30.40$31.0031.6%8.9%38.0%44.6%32.0%6.3%1.3%1.5M-3.7M-1.1M1.3412.92N/AN/A6,4988,685195,47092,089
2015-12-29$30.12$31.0032.9%9.2%38.0%48.2%33.6%5.4%1.5%662.3K8.6M-1.2M1.2610.47N/AN/A7,4699,388196,74095,425
2015-12-30$29.61$31.0032.8%9.0%37.8%48.1%30.4%5.8%1.2%-916.2K36.2M-1.1M1.3111.85N/AN/A5,5567,282198,10199,684
2015-12-31$29.30$31.0033.2%9.2%35.8%49.2%38.6%6.0%0.4%-947.1K55.6M-1.1M3.1414.47N/AN/A4,80315,100200,050101,430