BX Options History — July 2019

In July 2019, BX traded between $45.26 and $49.70. ATM implied volatility averaged 23.3%, placing in the 28.1% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded below realized volatility by 0.9% (HV 20d: 24.3%). Max pain ranged from $42.00 to $48.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.68.

Notable Days

  • 2019-07-25: Highest Volume — 418,461 contracts
  • 2019-07-18: Largest IV drop — 10.9% change
  • 2019-07-08: Highest IV Rank — 35.2%
  • 2019-07-03: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.16$45.26$49.70$46.34$48.18
Max Pain$45.00$42.00$48.00$42.00$48.00
ATM IV23.3%20.0%25.5%22.8%22.8%
Expected Move6.7%5.7%7.7%6.5%6.8%
HV 20d24.3%21.7%26.5%24.2%23.0%
HV 60d26.2%23.6%28.3%27.9%25.0%
IV Rank28.1%17.2%35.2%26.5%26.2%
IV Percentile48.1%18.3%65.5%42.1%42.1%
Term Structure-0.5%-1.4%1.2%-0.8%-0.5%
VWIV24.7%19.8%36.3%23.6%23.7%
Skew 25d3.3%1.9%4.6%4.3%2.2%
Skew 10d6.2%4.2%8.3%8.3%4.5%
Call IV 25d22.1%18.8%24.1%20.7%22.1%
Put IV 25d25.3%22.1%27.7%25.0%24.3%
Bid-Ask Spread %19.806.9046.2415.4210.88
Gamma HHI0.090.080.130.130.09
Net GEX17.1M9.0M22.1M22.1M9.0M
Net DEX-715.8M-896.5M-474.0M-784.6M-474.0M
Net VEX-2.5M-2.8M-2.2M-2.7M-2.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.021.580.231.26
Total Volume42,934.5459,349418,46130,62318,173
Total OI412,919.591348,150448,121420,387359,240

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$46.34$42.0022.8%6.5%24.2%26.5%23.6%4.3%-0.8%22.1M-784.6M-2.7M0.2315.42N/AN/A24,8865,737249,293171,094
2019-07-02$47.24$42.0022.3%6.5%24.1%24.7%23.0%3.9%-0.6%19.5M-861.3M-2.5M0.5323.87N/AN/A23,91012,639249,382173,454
2019-07-03$47.26$42.5024.0%7.7%24.2%30.2%26.7%3.7%-0.9%21.2M-868.2M-2.4M0.619.93N/AN/A23,76214,588255,354172,232
2019-07-05$47.16$45.0025.1%7.0%24.0%33.6%24.5%3.3%-1.2%18.8M-843.4M-2.6M0.737.71N/AN/A13,67510,042259,641176,046
2019-07-08$46.25$45.0025.5%6.9%24.3%35.2%23.3%3.6%-1.2%18.9M-732.8M-2.5M0.8325.89N/AN/A12,78510,604251,190167,512
2019-07-09$46.47$45.0025.0%6.9%24.3%33.5%25.7%3.9%-0.7%19.8M-754.3M-2.5M1.0237.28N/AN/A7,9528,133256,359174,545
2019-07-10$46.31$45.0024.1%6.8%24.5%30.7%25.1%3.9%0.2%19.2M-732.7M-2.6M1.037.96N/AN/A8,3258,556257,849178,670
2019-07-11$46.12$45.0024.5%6.9%24.6%31.9%26.3%4.3%-0.3%16.9M-699.1M-2.8M0.698.27N/AN/A8,7166,003258,418181,040
2019-07-12$46.09$45.0024.3%6.8%23.8%31.3%27.7%4.6%-0.6%15.5M-707.3M-2.6M1.318.17N/AN/A7,4099,687260,657181,939
2019-07-15$45.48$45.0025.2%7.2%24.4%34.2%24.7%3.7%-1.4%16.2M-647.5M-2.6M0.5034.63N/AN/A8,0513,996253,041174,574
2019-07-16$45.90$45.0024.8%7.1%24.5%32.7%24.4%3.9%-0.3%17.3M-685.6M-2.7M0.7512.97N/AN/A8,3346,212255,465178,062
2019-07-17$45.26$45.0025.1%7.2%23.6%33.7%25.2%3.1%-0.4%16.7M-630.0M-2.6M1.5846.24N/AN/A10,26516,187257,485178,265
2019-07-18$45.62$45.0022.3%6.4%21.7%24.8%23.2%4.1%-0.1%15.4M-658.9M-2.5M0.3934.61N/AN/A14,5725,672260,532187,589
2019-07-19$45.74$45.0020.0%5.7%21.7%17.2%19.8%3.3%1.2%19.6M-668.5M-2.7M0.308.63N/AN/A17,8165,319259,968188,121
2019-07-22$47.75$45.0022.0%6.3%26.2%23.8%22.2%3.1%-0.7%16.0M-774.4M-2.2M0.2041.59N/AN/A21,6144,406231,135156,707
2019-07-23$48.69$45.0022.0%6.4%25.3%23.7%23.0%2.6%-0.3%17.0M-837.7M-2.3M0.358.76N/AN/A16,8105,967237,517158,745
2019-07-24$49.01$45.0021.6%6.2%25.1%22.5%24.2%2.5%-0.2%18.1M-861.7M-2.4M0.236.90N/AN/A23,0545,307242,313162,461
2019-07-25$49.70$45.0022.1%6.4%25.1%24.2%36.3%2.2%-0.5%19.2M-896.5M-2.4M0.0238.43N/AN/A408,7719,690248,801163,446
2019-07-26$49.34$46.0022.4%6.5%25.5%25.1%23.4%2.2%-0.6%17.0M-583.0M-2.2M0.1325.65N/AN/A84,52410,694184,019169,162
2019-07-29$48.60$47.0022.6%6.6%26.5%25.6%23.8%2.2%-0.5%12.1M-510.2M-2.4M1.0810.11N/AN/A5,9336,435181,364166,786
2019-07-30$48.95$47.5022.9%6.8%23.0%26.6%24.3%1.9%-0.6%11.8M-536.1M-2.2M1.1611.65N/AN/A4,3205,029183,009171,749
2019-07-31$48.18$48.0022.8%6.8%23.0%26.2%23.7%2.2%-0.5%9.0M-474.0M-2.3M1.2610.88N/AN/A8,05410,119184,242174,998