BX Options History — February 2018

In February 2018, BX traded between $32.81 and $36.27. ATM implied volatility averaged 25.8%, placing in the 54.4% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded below realized volatility by 0.2% (HV 20d: 26.0%). Max pain ranged from $34.00 to $34.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.99.

Notable Days

  • 2018-02-08: Highest Volume — 75,671 contracts
  • 2018-02-05: Largest IV spike — 29.5% change
  • 2018-02-05: Highest IV Rank — 90.9%
  • 2018-02-09: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.23$32.81$36.27$36.27$34.01
Max Pain$34.00$34.00$34.00$34.00$34.00
ATM IV25.8%21.4%33.2%23.8%23.3%
Expected Move7.3%6.1%9.5%6.6%6.5%
HV 20d26.0%16.5%29.1%16.5%26.6%
HV 60d21.2%17.9%22.0%17.9%21.9%
IV Rank54.4%33.0%90.9%44.5%42.2%
IV Percentile87.6%67.1%99.6%86.9%79.8%
Term Structure0.2%-1.3%1.8%-0.1%0.3%
VWIV26.4%20.9%38.2%25.0%22.5%
Skew 25d5.0%1.8%10.0%4.0%4.8%
Skew 10d8.6%-1.8%23.1%-1.8%10.2%
Call IV 25d24.0%20.2%30.9%22.6%21.4%
Put IV 25d29.0%23.9%39.3%26.6%26.1%
Bid-Ask Spread %20.356.7472.7222.8915.79
Gamma HHI0.150.130.170.140.16
Net GEX11.9M6.2M23.5M23.5M9.4M
Net DEX-279.8M-507.4M-116.7M-507.4M-257.6M
Net VEX-3.5M-3.7M-3.3M-3.3M-3.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.990.222.260.221.45
Total Volume28,495.42115,63575,67169,40619,458
Total OI475,521.789452,143501,024481,114464,386

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$36.27$34.0023.8%6.6%16.5%44.5%25.0%4.0%-0.1%23.5M-507.4M-3.3M0.2222.89N/AN/A56,71812,688316,286164,828
2018-02-02$35.10$34.0025.6%7.2%21.2%53.6%26.1%1.8%-1.2%17.9M-364.9M-3.5M0.7413.21N/AN/A21,62515,988331,307169,717
2018-02-05$34.11$34.0033.2%8.8%23.8%90.9%31.4%5.6%0.3%12.4M-237.8M-3.4M0.8272.72N/AN/A13,53211,154327,729130,928
2018-02-06$34.67$34.0030.2%8.3%24.2%76.2%30.2%7.3%0.7%14.8M-297.3M-3.6M0.6520.68N/AN/A10,0816,537331,248136,145
2018-02-07$34.94$34.0025.1%7.1%23.8%50.9%26.7%4.5%0.3%16.7M-318.4M-3.4M1.7514.93N/AN/A11,12119,503332,067137,957
2018-02-08$33.86$34.0030.9%8.9%25.9%79.7%38.2%8.4%1.2%10.1M-195.9M-3.4M0.2866.65N/AN/A59,20616,465333,408152,162
2018-02-09$32.81$34.0032.4%9.5%27.9%87.0%35.9%10.0%1.0%6.5M-116.7M-3.5M0.8219.95N/AN/A28,34523,287334,652164,143
2018-02-12$33.24$34.0028.4%8.1%27.1%67.5%27.5%5.7%0.4%6.2M-177.2M-3.6M0.4515.47N/AN/A12,0955,458328,035158,821
2018-02-13$33.47$34.0027.4%7.9%27.2%62.2%26.6%5.3%-1.3%7.5M-191.0M-3.6M0.6812.63N/AN/A12,1478,204328,991158,284
2018-02-14$33.76$34.0024.2%6.9%27.5%46.7%23.8%4.8%0.3%10.5M-237.9M-3.6M0.826.74N/AN/A8,6077,028331,324157,617
2018-02-15$34.61$34.0023.7%6.7%29.1%44.2%24.2%4.3%1.8%16.1M-350.8M-3.7M0.5511.25N/AN/A15,8628,771332,374159,020
2018-02-16$34.52$34.0022.4%6.3%29.0%37.7%23.3%3.5%1.4%11.3M-341.7M-3.6M0.838.45N/AN/A10,3098,506334,710159,232
2018-02-20$34.19$34.0024.0%6.9%28.9%45.6%24.9%3.4%-0.4%11.0M-291.7M-3.5M1.2512.92N/AN/A8,36010,442308,013144,130
2018-02-21$34.01$34.0023.8%6.8%27.4%44.4%23.1%4.5%0.5%9.8M-271.9M-3.5M0.9014.99N/AN/A9,8538,907309,673148,961
2018-02-22$34.01$34.0024.4%6.7%27.2%47.7%25.8%4.6%-0.3%9.6M-269.7M-3.4M1.5114.52N/AN/A7,86611,891312,437149,377
2018-02-23$34.25$34.0022.4%6.2%27.2%37.5%21.1%3.7%0.2%10.4M-298.7M-3.4M1.6518.47N/AN/A8,01613,225312,834154,261
2018-02-26$34.37$34.0021.4%6.1%26.8%33.0%20.9%4.0%-1.1%11.1M-310.6M-3.4M1.0911.94N/AN/A8,9399,747305,989152,556
2018-02-27$34.20$34.0023.3%6.4%26.7%42.0%23.4%4.3%-0.7%10.5M-279.4M-3.5M2.2612.48N/AN/A6,58114,891307,843153,469
2018-02-28$34.01$34.0023.3%6.5%26.6%42.2%22.5%4.8%0.3%9.4M-257.6M-3.4M1.4515.79N/AN/A7,94111,517309,374155,012