BX Options History — August 2019

In August 2019, BX traded between $44.55 and $49.83. ATM implied volatility averaged 27.7%, placing in the 42.3% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 6.1% (HV 20d: 33.8%). Max pain ranged from $45.00 to $47.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.78.

Notable Days

  • 2019-08-02: Highest Volume — 21,516 contracts
  • 2019-08-05: Largest IV spike — 20.1% change
  • 2019-08-05: Highest IV Rank — 53.8%
  • 2019-08-14: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.85$44.55$49.83$46.99$49.71
Max Pain$45.59$45.00$47.50$47.50$46.00
ATM IV27.7%25.4%31.3%25.4%26.5%
Expected Move8.0%7.3%8.7%7.6%7.6%
HV 20d33.8%24.8%38.5%24.8%33.7%
HV 60d28.6%25.6%30.1%25.6%28.0%
IV Rank42.3%34.8%53.8%34.8%38.4%
IV Percentile74.0%59.9%86.9%65.1%67.9%
Term Structure-0.0%-0.8%0.8%-0.4%-0.1%
VWIV28.5%25.7%31.5%26.4%27.2%
Skew 25d4.0%2.5%5.3%2.5%3.2%
Skew 10d8.6%5.5%11.6%5.7%7.2%
Call IV 25d26.3%24.2%29.3%24.5%24.9%
Put IV 25d30.2%27.1%34.4%27.1%28.2%
Bid-Ask Spread %26.039.0648.5948.5930.16
Gamma HHI0.100.070.200.080.12
Net GEX9.1M4.0M15.3M5.8M12.3M
Net DEX-437.5M-577.9M-223.3M-368.8M-560.9M
Net VEX-2.4M-2.6M-2.3M-2.4M-2.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.251.681.680.56
Total Volume12,603.2275,01421,51620,99111,097
Total OI368,335.455344,832384,796367,067384,796

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$46.99$47.5025.4%7.6%24.8%34.8%26.4%2.5%-0.4%5.8M-368.8M-2.4M1.6848.59N/AN/A7,84613,145186,665180,402
2019-08-02$46.34$47.5026.0%7.9%25.3%36.9%27.0%2.8%-0.6%5.0M-319.5M-2.5M1.4635.84N/AN/A8,73212,784189,419184,403
2019-08-05$44.55$45.0031.3%8.3%28.1%53.8%30.1%5.3%-0.2%4.0M-223.3M-2.4M0.5826.74N/AN/A10,9876,336183,987177,291
2019-08-06$45.76$45.0028.1%7.9%29.8%43.4%27.4%4.2%-0.6%6.6M-305.9M-2.4M0.5428.74N/AN/A6,8883,691185,661179,200
2019-08-07$46.47$45.0028.7%8.3%30.3%45.5%28.6%3.6%-0.3%8.2M-352.9M-2.5M0.5729.69N/AN/A5,1182,914188,012180,455
2019-08-08$48.24$45.0026.5%7.5%33.0%38.4%26.7%3.5%0.4%10.8M-499.5M-2.4M0.3131.44N/AN/A9,7873,010189,733181,880
2019-08-09$48.31$45.0026.3%7.6%33.0%37.8%26.5%3.7%0.1%9.4M-512.6M-2.4M0.4828.30N/AN/A9,1374,422191,487181,691
2019-08-12$46.65$45.0028.5%8.1%35.2%44.7%28.9%4.3%-0.3%6.4M-361.4M-2.4M1.1614.38N/AN/A3,9204,564181,815177,411
2019-08-13$47.53$45.0026.2%7.4%35.6%37.3%25.8%3.7%-0.3%10.0M-442.1M-2.3M0.3729.56N/AN/A5,7502,128183,269177,021
2019-08-14$46.09$45.0030.0%8.7%37.0%49.6%31.2%4.9%0.8%6.0M-319.1M-2.6M1.2927.64N/AN/A5,3986,957186,664179,703
2019-08-15$45.77$45.0030.3%8.7%37.1%50.7%31.1%4.5%0.2%4.1M-295.9M-2.5M0.7736.51N/AN/A3,5032,699187,365184,113
2019-08-16$47.16$45.0028.2%8.2%38.5%44.0%28.8%4.3%0.5%12.8M-409.1M-2.4M0.7328.46N/AN/A6,2894,565188,337184,489
2019-08-19$48.00$45.0026.2%7.5%35.9%37.2%25.7%3.9%-0.0%8.3M-447.8M-2.4M0.5421.02N/AN/A7,4323,999173,913170,919
2019-08-20$48.89$45.0026.1%7.5%35.8%37.1%28.7%3.9%-0.1%10.7M-507.6M-2.3M1.4219.90N/AN/A7,10810,061177,754174,623
2019-08-21$49.50$46.0025.4%7.3%36.0%34.9%26.9%3.5%0.1%12.1M-550.8M-2.4M0.4516.07N/AN/A13,7936,271181,366182,465
2019-08-22$49.83$46.0025.9%7.4%35.7%36.4%28.4%3.9%0.1%12.8M-577.9M-2.3M0.9821.34N/AN/A6,3366,195185,214185,907
2019-08-23$48.80$46.0029.6%8.5%36.4%48.4%31.5%4.5%-0.2%15.3M-487.0M-2.4M1.1721.74N/AN/A7,4438,707186,819190,131
2019-08-26$49.16$46.0029.0%8.4%36.1%46.3%31.3%4.5%0.7%8.3M-494.1M-2.4M0.7719.45N/AN/A7,3795,685179,950189,150
2019-08-27$49.59$46.0029.7%8.5%36.1%48.6%31.5%4.3%-0.8%9.0M-513.5M-2.5M0.339.06N/AN/A8,3282,735181,823190,459
2019-08-28$49.74$46.0028.9%8.4%35.6%46.2%30.3%4.2%0.0%10.3M-534.9M-2.4M0.2519.52N/AN/A4,0061,008185,994191,925
2019-08-29$49.56$46.0026.9%7.6%34.3%39.7%27.2%3.6%0.3%12.7M-540.4M-2.3M0.6728.47N/AN/A5,4493,669187,488192,211
2019-08-30$49.71$46.0026.5%7.6%33.7%38.4%27.2%3.2%-0.1%12.3M-560.9M-2.3M0.5630.16N/AN/A7,1113,986190,589194,207