BX Options History — October 2020

In October 2020, BX traded between $50.16 and $55.75. ATM implied volatility averaged 35.6%, placing in the 17.8% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 12.4% (HV 20d: 23.2%). Max pain ranged from $52.50 to $55.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 4.32.

Notable Days

  • 2020-10-20: Highest Volume — 88,425 contracts
  • 2020-10-26: Largest IV spike — 6.5% change
  • 2020-10-28: Highest IV Rank — 21.5%
  • 2020-10-30: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.96$50.16$55.75$53.24$50.16
Max Pain$53.43$52.50$55.00$52.50$52.50
ATM IV35.6%33.1%39.2%34.9%38.8%
Expected Move10.1%8.5%12.1%8.8%12.1%
HV 20d23.2%17.2%29.6%29.6%21.8%
HV 60d23.9%22.6%25.2%25.2%24.2%
IV Rank17.8%15.2%21.5%17.1%21.0%
IV Percentile56.2%44.8%65.5%55.2%65.1%
Term Structure-0.5%-1.7%2.2%1.7%-0.2%
VWIV35.7%29.9%42.7%29.9%40.3%
Skew 25d5.7%3.9%6.9%5.5%6.9%
Skew 10d12.0%6.7%16.1%11.7%8.7%
Call IV 25d33.3%29.8%37.5%32.5%36.6%
Put IV 25d39.0%35.7%43.9%38.0%43.5%
Bid-Ask Spread %12.526.8133.847.3133.84
Gamma HHI0.130.080.190.080.15
Net GEX3.6M-11.3M11.2M6.2M-11.3M
Net DEX-153.4M-284.7M98.3M-168.3M98.3M
Net VEX-2.1M-2.5M-1.8M-2.0M-2.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.320.2340.510.600.23
Total Volume14,043.1363,38988,4255,48610,648
Total OI314,138.364256,294414,577259,767414,577

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$53.24$52.5034.9%8.8%29.6%17.1%29.9%5.5%1.7%6.2M-168.3M-2.0M0.607.31N/AN/A3,4272,059130,679129,088
2020-10-02$53.88$52.5035.3%8.5%29.0%17.5%30.1%4.5%2.2%8.8M-201.7M-2.0M0.249.63N/AN/A5,7141,356132,055130,288
2020-10-05$54.49$52.5036.1%10.0%29.1%18.3%42.7%6.6%-0.5%7.4M-221.3M-2.0M4.048.92N/AN/A3,38313,651128,662127,632
2020-10-06$54.03$52.5036.3%10.2%25.8%18.5%35.6%5.5%0.4%6.8M-194.5M-2.0M0.7811.51N/AN/A2,3971,879130,479137,159
2020-10-07$54.43$52.5035.9%9.9%25.8%18.1%35.9%6.0%0.8%8.3M-211.6M-2.0M0.6910.34N/AN/A2,4721,713131,296137,308
2020-10-08$55.00$52.5035.8%10.0%25.9%18.0%35.8%6.5%-0.8%10.4M-243.1M-2.0M1.519.71N/AN/A4,8677,348132,637139,045
2020-10-09$54.65$52.5034.0%9.1%26.1%16.2%31.4%5.9%-1.5%11.2M-227.4M-2.0M0.716.81N/AN/A2,0481,461135,805141,951
2020-10-12$54.93$52.5033.3%9.1%25.2%15.4%33.5%6.3%-1.7%8.3M-227.3M-1.9M0.657.00N/AN/A2,9091,886130,275140,371
2020-10-13$55.35$52.5034.1%9.4%25.0%16.3%32.4%6.1%-0.8%9.4M-252.1M-1.9M0.887.37N/AN/A1,8001,589131,261141,288
2020-10-14$55.05$52.5033.4%9.3%25.0%15.5%33.0%4.4%-0.8%9.8M-240.4M-1.9M0.6523.38N/AN/A2,3461,528131,905141,239
2020-10-15$55.42$55.0034.2%9.4%22.0%16.4%33.3%4.9%-1.0%10.9M-260.3M-1.9M0.406.87N/AN/A2,7301,090132,207141,869
2020-10-16$55.75$52.5033.1%9.1%21.6%15.2%31.3%4.1%-0.9%8.1M-284.7M-1.8M0.497.92N/AN/A7,9053,892132,691141,835
2020-10-19$55.08$55.0034.5%9.8%20.2%16.7%33.0%3.9%-1.2%4.4M-199.7M-1.9M0.587.16N/AN/A4,5782,663122,713138,769
2020-10-20$54.89$55.0035.7%10.2%19.9%17.9%39.2%6.6%-1.4%4.0M-186.9M-1.9M40.5111.52N/AN/A2,13086,295123,980140,476
2020-10-21$54.69$55.0035.0%10.0%19.6%17.2%34.9%6.5%-0.8%1.0M-156.5M-2.1M33.5710.08N/AN/A1,76459,215125,184214,749
2020-10-22$54.93$55.0035.6%10.3%18.2%17.8%35.9%6.4%-1.5%-62.5K-153.3M-2.3M3.7614.31N/AN/A1,9077,169126,051267,946
2020-10-23$54.67$55.0034.6%10.0%17.2%16.7%37.7%6.0%-1.4%-481.1K-138.6M-2.2M0.7211.19N/AN/A3,6262,594127,091271,303
2020-10-26$52.70$55.0036.8%11.1%19.4%19.0%38.2%5.1%-0.2%-4.3M-32.5M-2.4M1.1111.56N/AN/A3,5013,893123,873269,579
2020-10-27$52.00$54.0038.2%11.4%20.0%20.4%39.7%5.7%-1.3%-5.6M984.8K-2.3M0.657.40N/AN/A10,4276,771125,037271,733
2020-10-28$50.53$54.0039.2%12.0%22.0%21.5%42.1%6.4%-0.9%-7.3M78.6M-2.5M1.8830.50N/AN/A4,6458,751131,365275,830
2020-10-29$51.27$52.5038.1%11.5%21.4%20.3%39.8%5.7%-0.2%-6.1M47.3M-2.4M0.4421.09N/AN/A4,8002,122131,831279,932
2020-10-30$50.16$52.5038.8%12.1%21.8%21.0%40.3%6.9%-0.2%-11.3M98.3M-2.3M0.2333.84N/AN/A8,6591,989132,589281,988