BX Options History — January 2019

In January 2019, BX traded between $29.45 and $33.74. ATM implied volatility averaged 30.1%, placing in the 46.6% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded below realized volatility by 0.4% (HV 20d: 30.5%). Max pain ranged from $30.00 to $34.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.03.

Notable Days

  • 2019-01-30: Highest Volume — 40,306 contracts
  • 2019-01-31: Largest IV drop — 15.4% change
  • 2019-01-03: Highest IV Rank — 72.6%
  • 2019-01-03: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.08$29.45$33.74$30.04$33.74
Max Pain$31.19$30.00$34.00$31.00$34.00
ATM IV30.1%22.1%37.6%34.0%22.1%
Expected Move8.9%6.3%11.4%10.9%6.3%
HV 20d30.5%22.2%38.7%38.7%23.0%
HV 60d37.3%33.7%40.0%39.4%34.0%
IV Rank46.6%19.0%72.6%60.3%19.0%
IV Percentile77.3%37.3%95.2%92.5%37.3%
Term Structure-0.0%-2.2%4.7%2.8%0.2%
VWIV31.3%21.9%38.1%38.1%21.9%
Skew 25d6.1%4.9%8.7%5.4%4.9%
Skew 10d13.0%8.7%34.1%27.7%9.3%
Call IV 25d28.2%20.2%34.8%34.2%20.2%
Put IV 25d34.3%25.1%43.5%39.6%25.1%
Bid-Ask Spread %33.4021.6340.4824.3738.26
Gamma HHI0.120.100.260.110.11
Net GEX4.6M-1.3M12.8M370.3K10.1M
Net DEX-95.0M-205.4M43.9M15.2M-143.2M
Net VEX-2.2M-2.4M-2.0M-2.0M-2.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.255.221.550.36
Total Volume16,268.7622,73840,30616,68819,032
Total OI391,190.619276,141465,720427,933327,464

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$30.04$31.0034.0%10.9%38.7%60.3%38.1%5.4%2.8%370.3K15.2M-2.0M1.5524.37N/AN/A6,54910,139256,083171,850
2019-01-03$29.45$30.0037.6%11.4%32.8%72.6%37.4%8.7%4.7%-1.3M43.9M-2.0M0.5140.48N/AN/A7,9744,033257,481178,060
2019-01-04$30.23$30.0035.5%10.3%34.6%65.5%34.7%5.6%3.3%-253.8K6.8M-2.1M0.5321.63N/AN/A9,4865,053259,236179,647
2019-01-07$31.31$30.0035.5%10.3%36.9%65.2%34.1%5.7%0.3%2.8M-59.2M-2.1M0.3126.17N/AN/A5,8241,833257,200178,827
2019-01-08$31.26$30.0035.5%10.1%36.6%65.5%35.2%7.4%-0.2%3.0M-53.0M-2.1M1.9434.07N/AN/A5,0149,741261,984181,858
2019-01-09$31.94$30.0034.8%9.7%34.9%63.0%34.9%6.6%-0.8%5.3M-108.3M-2.2M1.0939.84N/AN/A8,9939,764263,459185,538
2019-01-10$31.65$30.0034.5%9.6%35.1%61.7%35.0%5.9%-1.4%4.3M-80.4M-2.2M0.5532.39N/AN/A5,3772,974267,693188,850
2019-01-11$31.91$30.0032.3%9.1%35.1%54.4%33.1%5.7%-1.8%5.2M-109.0M-2.2M0.6233.53N/AN/A6,8494,226268,764190,123
2019-01-14$31.94$31.0031.8%9.1%34.9%52.6%32.2%6.4%-1.5%4.2M-97.7M-2.1M0.7435.93N/AN/A13,70210,117267,368180,990
2019-01-15$32.31$31.0029.8%8.6%34.4%45.7%30.2%6.0%-2.2%4.9M-140.0M-2.2M0.2536.53N/AN/A17,2274,245273,650181,471
2019-01-16$32.59$31.0028.7%8.2%30.8%41.7%29.5%5.6%0.5%6.2M-171.6M-2.2M0.9536.95N/AN/A12,81712,170276,906182,427
2019-01-17$32.66$31.0027.3%7.8%30.8%37.0%27.5%5.7%-0.5%5.3M-176.3M-2.2M1.0139.64N/AN/A8,3868,463281,346184,374
2019-01-18$33.03$32.0025.0%7.2%26.7%28.9%24.7%5.3%-0.5%12.8M-205.4M-2.2M0.3132.56N/AN/A13,4204,174281,383182,540
2019-01-22$32.39$32.0028.0%8.2%28.5%39.4%30.0%6.5%-0.4%4.0M-84.4M-2.2M0.5835.62N/AN/A8,2594,767172,343103,798
2019-01-23$32.27$32.0026.2%8.0%28.2%33.0%28.8%6.9%0.2%2.8M-67.4M-2.1M0.4434.64N/AN/A5,8462,584177,413107,651
2019-01-24$32.50$32.0026.5%7.9%27.8%34.1%29.0%6.5%-0.6%2.1M-87.4M-2.2M0.4833.45N/AN/A5,3402,546179,845109,330
2019-01-25$33.17$32.0025.4%7.6%22.9%30.3%27.9%6.8%-0.5%6.7M-125.2M-2.2M0.7526.41N/AN/A12,9329,758181,266110,844
2019-01-28$33.09$32.0027.6%8.7%22.8%37.9%32.1%5.7%-1.3%5.5M-116.4M-2.3M1.5731.66N/AN/A1,0661,672183,717110,524
2019-01-29$33.17$32.0027.6%8.7%22.4%37.8%30.9%5.7%-1.0%6.6M-129.0M-2.3M5.2230.75N/AN/A3,05415,932186,482111,984
2019-01-30$33.00$32.0026.2%8.4%22.2%32.9%29.1%5.7%-0.2%5.3M-106.8M-2.3M1.8736.49N/AN/A14,03726,269187,640125,594
2019-01-31$33.74$34.0022.1%6.3%23.0%19.0%21.9%4.9%0.2%10.1M-143.2M-2.4M0.3638.26N/AN/A14,0404,992196,442131,022