BX Options History — August 2020

In August 2020, BX traded between $52.24 and $54.25. ATM implied volatility averaged 30.6%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 7.9% (HV 20d: 22.8%). Max pain ranged from $52.50 to $55.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.79.

Notable Days

  • 2020-08-28: Highest Volume — 24,226 contracts
  • 2020-08-19: Largest IV drop — 8.8% change
  • 2020-08-04: Highest IV Rank — 17.3%
  • 2020-08-11: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.10$52.24$54.25$53.20$53.11
Max Pain$52.86$52.50$55.00$55.00$52.50
ATM IV30.6%26.6%35.1%34.2%31.4%
Expected Move8.7%7.5%9.8%9.7%8.7%
HV 20d22.8%19.9%27.0%27.0%19.9%
HV 60d28.8%26.5%32.6%32.3%26.5%
IV Rank12.7%8.5%17.3%16.3%13.5%
IV Percentile46.7%36.5%57.9%54.8%48.4%
Term Structure0.4%-1.5%1.8%-1.1%0.1%
VWIV30.6%26.0%34.0%31.8%33.3%
Skew 25d5.4%4.3%6.7%6.7%6.6%
Skew 10d10.6%7.0%13.3%13.3%11.7%
Call IV 25d28.5%25.4%32.4%31.0%29.1%
Put IV 25d33.9%29.9%37.7%37.7%35.7%
Bid-Ask Spread %5.663.2315.2510.254.55
Gamma HHI0.100.090.130.100.09
Net GEX-206.4K-3.9M2.8M869.2K-45.4K
Net DEX-100.5M-153.2M-57.3M-107.1M-109.3M
Net VEX-2.0M-2.2M-1.8M-2.2M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.281.700.431.51
Total Volume8,434.8573,79724,2269,9588,322
Total OI293,468.19274,026304,647290,490295,562

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$53.20$55.0034.2%9.7%27.0%16.3%31.8%6.7%-1.1%869.2K-107.1M-2.2M0.4310.25N/AN/A6,9513,007149,576140,914
2020-08-04$52.24$55.0035.1%9.7%25.8%17.3%33.1%5.5%-1.5%-582.8K-60.9M-2.2M0.615.93N/AN/A5,1933,150151,530141,732
2020-08-05$52.84$55.0032.5%9.0%25.8%14.6%31.2%5.6%-0.0%311.9K-85.4M-2.2M0.356.54N/AN/A7,3302,577152,218142,968
2020-08-06$53.09$52.5032.7%9.6%25.3%14.8%32.8%5.1%-0.4%1.6M-106.4M-2.2M0.2810.54N/AN/A3,7861,042154,181143,399
2020-08-07$52.44$52.5032.7%9.5%25.5%14.8%33.1%4.6%-0.2%-727.3K-70.8M-2.1M0.484.13N/AN/A3,5961,720153,748143,587
2020-08-10$52.25$52.5033.9%9.6%25.5%16.0%33.4%4.4%-0.6%-434.0K-70.3M-2.0M0.653.49N/AN/A6,2834,092149,592142,232
2020-08-11$52.90$52.5033.4%9.8%25.7%15.5%34.0%6.4%0.7%679.9K-98.6M-2.1M0.9415.25N/AN/A5,4435,132150,702143,924
2020-08-12$52.88$52.5031.5%9.2%22.2%13.5%31.7%5.3%0.8%-495.7K-88.3M-2.1M0.884.66N/AN/A2,8652,507152,090146,411
2020-08-13$53.22$52.5031.1%9.2%22.1%13.1%32.0%6.1%1.5%-200.4K-96.4M-2.1M0.705.83N/AN/A3,1762,213152,959147,435
2020-08-14$52.89$52.5030.6%9.0%21.5%12.6%32.3%6.4%1.1%-3.0M-77.4M-2.0M0.713.23N/AN/A4,7093,322154,108148,061
2020-08-17$53.48$52.5029.7%8.6%22.0%11.8%29.9%5.5%0.5%-510.8K-110.3M-2.0M0.723.31N/AN/A3,5012,513151,298145,628
2020-08-18$53.61$52.5029.1%8.4%20.0%11.1%29.2%5.1%0.1%131.6K-118.9M-2.0M1.267.39N/AN/A2,7873,521152,850146,659
2020-08-19$54.25$52.5026.6%7.6%20.5%8.5%27.9%4.9%1.8%565.2K-153.2M-2.0M0.973.71N/AN/A4,3784,245153,383147,594
2020-08-20$52.60$52.5028.3%8.1%22.0%10.3%27.9%4.5%0.5%-2.6M-57.3M-1.9M0.783.68N/AN/A3,9353,071154,606148,379
2020-08-21$53.00$52.5027.8%7.9%21.7%9.7%26.9%4.3%0.4%-906.6K-81.1M-1.9M0.584.14N/AN/A4,7962,768155,186149,461
2020-08-24$53.34$52.5028.1%7.8%21.7%10.1%26.6%5.0%0.6%-38.6K-119.9M-1.8M0.444.34N/AN/A7,1773,148136,069137,957
2020-08-25$52.89$52.5027.2%7.5%21.1%9.2%26.0%4.5%1.0%-498.6K-94.0M-1.9M0.524.15N/AN/A2,4941,303140,143139,828
2020-08-26$54.02$52.5028.0%7.9%21.7%10.0%28.1%5.8%0.8%2.8M-152.0M-2.0M0.453.97N/AN/A4,9992,246140,742140,271
2020-08-27$53.84$52.5029.6%8.2%21.5%11.7%32.2%4.9%0.6%2.7M-146.4M-2.0M1.704.33N/AN/A3,5646,044142,029140,405
2020-08-28$53.00$52.5030.0%8.3%19.9%12.0%28.7%5.2%1.4%-3.9M-106.3M-1.9M1.675.38N/AN/A9,07315,153143,302140,113
2020-08-31$53.11$52.5031.4%8.7%19.9%13.5%33.3%6.6%0.1%-45.4K-109.3M-2.2M1.514.55N/AN/A3,3105,012143,895151,667