BX Options History — July 2020

In July 2020, BX traded between $53.11 and $57.89. ATM implied volatility averaged 38.9%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 8.9% (HV 20d: 29.9%). Max pain ranged from $55.00 to $55.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.55.

Notable Days

  • 2020-07-30: Highest Volume — 45,822 contracts
  • 2020-07-24: Largest IV spike — 8.2% change
  • 2020-07-13: Highest IV Rank — 27.3%
  • 2020-07-09: Largest Expected Move — 12.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.18$53.11$57.89$56.24$53.11
Max Pain$55.00$55.00$55.00$55.00$55.00
ATM IV38.9%31.9%44.9%41.8%33.2%
Expected Move10.9%9.1%12.8%11.1%9.7%
HV 20d29.9%25.3%34.0%33.0%27.0%
HV 60d38.6%32.4%45.3%45.1%32.7%
IV Rank21.1%14.0%27.3%24.1%15.3%
IV Percentile66.8%52.8%80.2%75.8%52.8%
Term Structure0.2%-1.5%5.3%1.9%5.3%
VWIV38.1%31.6%45.2%38.0%34.1%
Skew 25d7.9%4.4%11.9%11.9%7.0%
Skew 10d15.6%7.4%23.7%23.7%7.4%
Call IV 25d35.3%29.3%40.9%35.6%31.9%
Put IV 25d43.2%35.5%51.2%47.5%38.9%
Bid-Ask Spread %17.904.4433.3524.4227.69
Gamma HHI0.090.070.170.090.10
Net GEX2.8M-1.5M7.5M5.1M-1.5M
Net DEX-184.1M-337.1M-69.4M-209.2M-69.4M
Net VEX-2.4M-2.6M-2.2M-2.6M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.041.350.670.30
Total Volume12,635.1823,23445,8224,91913,143
Total OI293,021.909280,576306,599283,964296,497

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$56.24$55.0041.8%11.1%33.0%24.1%38.0%11.9%1.9%5.1M-209.2M-2.6M0.6724.42N/AN/A2,9531,966147,199136,765
2020-07-02$55.43$55.0042.8%10.9%32.8%25.2%39.8%11.1%-0.3%3.1M-175.9M-2.6M1.0215.72N/AN/A3,4573,522148,714137,863
2020-07-06$55.20$55.0044.1%12.0%32.3%26.5%45.2%10.9%-1.0%2.7M-165.9M-2.5M1.3516.59N/AN/A6,3688,621145,562136,727
2020-07-07$53.61$55.0043.4%12.4%33.4%25.8%42.9%9.0%-0.7%581.6K-99.4M-2.5M0.6817.09N/AN/A4,8723,314148,099141,027
2020-07-08$54.20$55.0043.5%11.9%33.8%25.8%42.2%8.4%0.5%1.1M-119.7M-2.5M0.7532.14N/AN/A4,5283,406149,299143,546
2020-07-09$53.34$55.0044.6%12.8%34.0%27.0%44.7%8.8%-0.2%-440.7K-82.6M-2.5M0.6217.32N/AN/A6,0913,797150,450144,742
2020-07-10$53.59$55.0044.1%12.7%28.8%26.5%44.0%10.3%0.0%-255.5K-86.0M-2.5M0.5233.35N/AN/A7,0393,666149,543146,100
2020-07-13$53.84$55.0044.9%12.4%28.9%27.3%43.5%10.6%-1.1%1.0M-107.8M-2.4M0.4115.01N/AN/A5,0672,061145,680143,723
2020-07-14$54.30$55.0043.6%12.0%28.1%26.0%42.8%8.9%-1.5%1.1M-123.9M-2.4M0.4618.93N/AN/A7,4363,431147,442144,790
2020-07-15$56.15$55.0041.0%12.0%30.4%23.3%41.6%8.6%0.9%5.1M-223.2M-2.5M0.3317.41N/AN/A15,7725,219150,865145,778
2020-07-16$55.46$55.0041.3%11.7%30.6%23.6%39.5%8.0%-0.6%3.6M-214.1M-2.5M0.3927.72N/AN/A2,333901157,594147,561
2020-07-17$56.15$55.0038.3%11.0%30.8%20.5%37.3%8.2%0.1%7.5M-252.8M-2.4M0.3730.37N/AN/A5,9022,163158,656147,943
2020-07-20$56.34$55.0037.0%10.6%30.9%19.3%36.1%8.0%0.6%3.4M-247.2M-2.4M0.5524.43N/AN/A7,6984,213141,764138,812
2020-07-21$57.64$55.0035.3%10.1%31.4%17.5%36.0%7.0%-1.1%5.7M-321.0M-2.3M0.7114.14N/AN/A5,5423,913146,805141,411
2020-07-22$57.89$55.0034.3%9.8%31.3%16.5%34.9%6.0%-0.1%6.6M-337.1M-2.3M0.469.24N/AN/A7,6483,480148,931141,778
2020-07-23$56.72$55.0031.9%9.1%30.3%14.0%32.0%6.3%1.1%5.0M-284.8M-2.2M1.2822.61N/AN/A7,81610,018152,868144,242
2020-07-24$55.72$55.0034.5%9.9%29.0%16.7%34.1%5.7%-0.2%2.7M-228.6M-2.3M0.217.04N/AN/A23,1294,825153,518147,399
2020-07-27$55.16$55.0034.4%9.8%25.3%16.5%32.3%5.4%-0.7%3.6M-216.9M-2.3M0.376.43N/AN/A6,8772,539155,181139,053
2020-07-28$54.23$55.0034.0%9.6%25.5%16.2%32.4%5.0%-0.0%1.6M-143.3M-2.2M0.275.05N/AN/A7,0321,873151,704140,762
2020-07-29$55.12$55.0033.5%9.5%25.6%15.7%32.8%4.4%1.0%3.3M-186.8M-2.2M0.446.76N/AN/A5,9212,600151,832141,859
2020-07-30$54.58$55.0033.2%9.2%25.7%15.3%31.6%5.3%-0.5%988.8K-154.5M-2.2M0.044.44N/AN/A44,2001,622153,161143,237
2020-07-31$53.11$55.0033.2%9.7%27.0%15.3%34.1%7.0%5.3%-1.5M-69.4M-2.2M0.3027.69N/AN/A10,0763,067152,591143,906