BX Options History — June 2018

In June 2018, BX traded between $31.67 and $33.42. ATM implied volatility averaged 19.2%, placing in the 22.0% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 3.8% (HV 20d: 15.4%). Max pain ranged from $32.00 to $33.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 1.16.

Notable Days

2018-06-29: Highest Volume — 27,377 contracts
2018-06-25: Largest IV spike — 10.7% change
2018-06-28: Highest IV Rank — 50.3%
2018-06-28: Largest Expected Move — 6.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$32.61	$31.67	$33.42	$32.41	$32.27
Max Pain	$32.31	$32.00	$33.00	$33.00	$32.00
ATM IV	19.2%	16.7%	25.0%	17.8%	22.8%
Expected Move	5.4%	4.8%	6.4%	4.8%	6.0%
HV 20d	15.4%	14.0%	19.1%	19.1%	15.9%
HV 60d	17.9%	16.7%	19.1%	19.1%	17.2%
IV Rank	22.0%	9.4%	50.3%	14.9%	39.9%
IV Percentile	31.6%	4.4%	86.5%	13.5%	72.2%
Term Structure	1.5%	-2.7%	19.7%	-0.2%	-1.6%
VWIV	19.1%	17.0%	22.5%	17.0%	21.5%
Skew 25d	1.3%	-21.5%	15.7%	2.9%	2.4%
Skew 10d	5.8%	-4.3%	29.4%	3.0%	2.4%
Call IV 25d	20.1%	15.8%	38.9%	17.0%	21.6%
Put IV 25d	21.4%	17.4%	35.7%	20.0%	24.1%
Bid-Ask Spread %	32.14	11.92	93.56	13.80	14.55
Gamma HHI	0.14	0.13	0.17	0.14	0.14
Net GEX	12.3M	8.7M	17.4M	11.0M	13.0M
Net DEX	-210.0M	-312.2M	-128.6M	-196.7M	-186.4M
Net VEX	-3.0M	-3.1M	-2.9M	-3.0M	-3.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.16	0.70	3.73	0.71	2.31
Total Volume	17,866.857	11,204	27,377	16,026	27,377
Total OI	456,195.19	384,074	516,425	488,322	436,929

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2018-06-01	$32.41	$33.00	17.8%	4.8%	19.1%	14.9%	17.0%	2.9%	-0.2%	11.0M	-196.7M	-3.0M	0.71	13.80	N/A	N/A	9,391	6,635	333,013	155,309
2018-06-04	$32.55	$32.00	17.7%	4.9%	15.9%	14.7%	17.3%	3.0%	0.3%	11.9M	-203.9M	-3.1M	0.73	20.91	N/A	N/A	6,977	5,078	332,639	155,058
2018-06-05	$32.38	$32.00	17.5%	5.3%	16.0%	13.5%	18.9%	2.4%	0.5%	11.4M	-182.0M	-3.0M	1.10	12.08	N/A	N/A	10,443	11,527	333,711	155,255
2018-06-06	$32.70	$32.00	17.9%	5.1%	15.8%	15.3%	18.1%	1.9%	1.0%	12.5M	-213.6M	-3.0M	1.23	44.32	N/A	N/A	9,404	11,583	335,162	158,223
2018-06-07	$32.73	$32.00	18.2%	4.9%	15.6%	16.9%	17.7%	-21.5%	19.7%	12.8M	-212.6M	-3.0M	0.87	93.56	N/A	N/A	8,185	7,153	338,047	162,117
2018-06-08	$32.74	$32.00	17.0%	5.0%	15.6%	11.3%	17.6%	15.7%	-0.5%	12.0M	-218.4M	-3.1M	1.09	53.09	N/A	N/A	6,775	7,390	339,059	163,004
2018-06-11	$33.01	$32.00	17.8%	5.2%	14.8%	15.2%	18.4%	1.7%	-0.1%	14.6M	-247.0M	-3.1M	0.96	23.91	N/A	N/A	9,731	9,339	337,330	163,750
2018-06-12	$32.94	$32.00	17.1%	5.1%	14.7%	11.5%	17.6%	0.3%	0.4%	14.7M	-243.5M	-3.1M	0.99	70.80	N/A	N/A	9,834	9,779	341,432	165,234
2018-06-13	$33.09	$32.00	16.7%	5.1%	14.1%	9.4%	18.1%	-4.8%	2.0%	17.4M	-260.6M	-2.9M	1.51	38.70	N/A	N/A	7,271	11,010	346,684	167,367
2018-06-14	$33.35	$32.00	17.2%	5.1%	14.1%	11.8%	17.6%	2.0%	2.0%	16.8M	-297.4M	-3.1M	0.70	20.74	N/A	N/A	10,188	7,132	345,384	169,415
2018-06-15	$33.42	$32.00	17.5%	5.3%	14.0%	13.5%	19.0%	2.1%	1.5%	14.7M	-312.2M	-3.1M	1.03	16.99	N/A	N/A	9,515	9,791	346,123	170,302
2018-06-18	$33.05	$32.00	17.9%	5.2%	14.3%	15.7%	17.8%	1.9%	2.0%	13.0M	-243.3M	-3.0M	0.86	24.06	N/A	N/A	7,111	6,139	266,786	117,288
2018-06-19	$32.73	$33.00	17.8%	5.1%	14.3%	15.3%	19.0%	3.8%	3.9%	11.6M	-207.0M	-3.0M	0.83	25.06	N/A	N/A	6,118	5,086	269,474	119,640
2018-06-20	$32.81	$33.00	17.9%	5.1%	14.2%	15.8%	18.9%	1.5%	1.9%	11.5M	-212.6M	-3.0M	0.81	13.74	N/A	N/A	7,129	5,740	270,708	121,663
2018-06-21	$32.22	$33.00	19.7%	5.5%	15.6%	24.4%	19.3%	2.5%	3.4%	9.6M	-167.9M	-2.9M	0.91	44.93	N/A	N/A	8,971	8,185	274,648	123,087
2018-06-22	$32.61	$32.50	20.8%	5.9%	16.1%	29.6%	19.4%	2.1%	1.1%	11.8M	-204.1M	-3.0M	1.04	59.26	N/A	N/A	7,766	8,094	279,021	126,266
2018-06-25	$32.00	$32.50	23.0%	6.1%	17.5%	40.5%	22.0%	1.7%	-0.6%	8.7M	-154.1M	-3.0M	1.03	23.18	N/A	N/A	9,434	9,702	278,289	124,629
2018-06-26	$32.20	$32.50	22.7%	6.1%	15.7%	39.0%	21.4%	2.6%	-1.2%	9.8M	-168.7M	-3.0M	0.89	11.92	N/A	N/A	11,190	9,992	280,828	127,862
2018-06-27	$32.01	$32.50	23.4%	6.0%	14.9%	42.6%	21.7%	1.5%	-1.8%	10.0M	-150.2M	-3.0M	1.02	21.79	N/A	N/A	8,313	8,469	288,532	131,837
2018-06-28	$31.67	$32.50	25.0%	6.4%	15.3%	50.3%	22.5%	1.3%	-2.7%	8.9M	-128.6M	-3.0M	3.73	27.49	N/A	N/A	5,556	20,701	294,517	134,477
2018-06-29	$32.27	$32.00	22.8%	6.0%	15.9%	39.9%	21.5%	2.4%	-1.6%	13.0M	-186.4M	-3.0M	2.31	14.55	N/A	N/A	8,276	19,101	297,767	139,162