BX Options History — April 2018

In April 2018, BX traded between $30.70 and $32.30. ATM implied volatility averaged 24.3%, placing in the 47.0% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 4.8% (HV 20d: 19.5%). Max pain ranged from $33.00 to $34.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.69.

Notable Days

  • 2018-04-20: Highest Volume — 65,046 contracts
  • 2018-04-19: Largest IV drop — 19.2% change
  • 2018-04-02: Highest IV Rank — 86.3%
  • 2018-04-03: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.36$30.70$32.30$31.39$30.94
Max Pain$33.43$33.00$34.00$33.00$33.00
ATM IV24.3%17.9%32.2%32.2%20.2%
Expected Move6.7%5.4%8.5%8.3%5.7%
HV 20d19.5%17.0%21.3%20.6%17.3%
HV 60d21.5%20.9%22.2%22.0%21.5%
IV Rank47.0%15.5%86.3%86.3%26.9%
IV Percentile75.2%22.2%98.8%98.8%50.0%
Term Structure-0.4%-6.3%16.8%16.8%0.5%
VWIV23.5%15.4%29.7%29.7%20.2%
Skew 25d3.7%-3.1%6.8%6.8%2.8%
Skew 10d10.2%1.2%20.1%12.8%5.9%
Call IV 25d23.1%18.0%31.3%26.4%19.2%
Put IV 25d26.8%21.8%33.2%33.2%22.0%
Bid-Ask Spread %22.3011.8449.1132.6213.82
Gamma HHI0.140.110.170.130.11
Net GEX-1.5M-6.5M4.6M-239.2K3.7M
Net DEX14.9M-110.8M89.1M-2.7M1.6M
Net VEX-2.7M-3.1M-2.4M-2.9M-2.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.104.200.370.69
Total Volume25,232.95210,78665,04643,09410,786
Total OI472,698.19452,282489,488489,488482,027

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-04-02$31.39$33.0032.2%8.3%20.6%86.3%29.7%6.8%16.8%-239.2K-2.7M-2.9M0.3732.62N/AN/A31,41811,676308,299181,189
2018-04-03$31.10$33.0029.7%8.5%20.6%73.7%29.4%6.8%-0.8%-2.7M40.1M-2.7M0.2639.06N/AN/A28,2597,242294,448190,306
2018-04-04$31.35$33.0028.4%7.9%21.0%67.2%27.7%5.0%-2.6%-3.2M28.7M-2.8M0.1635.27N/AN/A29,3224,624287,822194,767
2018-04-05$31.28$34.0028.4%7.1%21.0%67.3%24.8%5.1%-1.6%-4.2M41.2M-2.6M0.7525.39N/AN/A6,5194,898270,491195,815
2018-04-06$30.76$34.0028.4%7.1%21.3%67.2%25.8%6.3%-0.9%-4.7M88.1M-2.6M0.3918.53N/AN/A34,89013,648271,924195,088
2018-04-09$30.80$34.0027.5%7.2%19.6%62.9%26.5%0.0%-1.4%-6.5M85.9M-2.5M0.7924.34N/AN/A7,1225,661250,805201,477
2018-04-10$30.98$34.0026.7%7.0%19.3%58.7%25.0%2.7%-2.1%-6.4M80.4M-2.5M0.7017.27N/AN/A7,0224,949253,197204,342
2018-04-11$30.97$34.0025.5%7.0%19.3%53.1%23.8%6.6%0.2%-6.4M74.0M-2.5M0.4820.66N/AN/A7,7743,762255,216204,519
2018-04-12$31.11$34.0025.3%6.9%19.6%51.9%24.6%6.2%-1.3%-5.4M60.0M-2.5M0.3515.57N/AN/A10,5823,757256,231204,780
2018-04-13$30.79$34.0024.8%6.7%19.6%49.3%24.8%-3.1%-1.7%-6.1M89.1M-2.4M0.6420.42N/AN/A9,6516,136260,414205,544
2018-04-16$31.13$34.0023.3%6.6%19.9%42.3%15.4%4.0%-0.9%-3.8M68.2M-2.4M4.2011.84N/AN/A7,75532,593260,980199,694
2018-04-17$31.58$34.0021.5%6.1%20.4%33.3%21.3%3.9%-0.5%-3.9M53.2M-2.4M0.5913.15N/AN/A14,2138,359264,016214,794
2018-04-18$32.03$33.0022.2%6.4%21.2%36.6%23.6%3.5%-1.7%2.0M-30.5M-2.5M1.4115.22N/AN/A9,68213,604266,698203,388
2018-04-19$32.03$33.0017.9%5.4%21.2%15.5%19.4%3.8%-6.3%897.7K-54.3M-2.5M0.3349.11N/AN/A18,2615,953268,626213,145
2018-04-20$32.28$33.0020.8%6.0%19.7%30.0%21.0%3.1%-0.4%2.4M-71.5M-2.6M0.1031.87N/AN/A58,9826,064274,160213,958
2018-04-23$32.30$33.0020.7%5.8%18.4%29.3%20.3%2.6%-0.4%4.6M-110.8M-3.1M0.4316.07N/AN/A13,4775,808295,335173,104
2018-04-24$32.06$33.0021.9%6.5%17.7%35.4%23.4%3.2%-0.3%3.6M-87.9M-3.1M0.6921.80N/AN/A7,2365,023297,761174,913
2018-04-25$31.52$33.0022.0%6.5%17.0%35.6%23.4%3.3%-2.3%2.1M-46.4M-3.0M0.4316.35N/AN/A10,5924,553299,623176,322
2018-04-26$31.51$33.0021.5%6.0%17.0%33.5%21.7%2.7%0.2%2.0M-16.6M-3.0M0.1713.62N/AN/A29,1135,048300,778177,397
2018-04-27$30.70$33.0021.2%5.9%18.3%31.6%21.9%3.0%-0.3%1.4M24.2M-2.8M0.5316.25N/AN/A15,5978,281304,588178,681
2018-04-30$30.94$33.0020.2%5.7%17.3%26.9%20.2%2.8%0.5%3.7M1.6M-2.8M0.6913.82N/AN/A6,3834,403306,011176,016