BX Options History — November 2021

In November 2021, BX traded between $137.26 and $149.02. ATM implied volatility averaged 31.7%, placing in the 59.8% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded below realized volatility by 2.2% (HV 20d: 33.9%). Max pain ranged from $130.00 to $135.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.17.

Notable Days

  • 2021-11-02: Highest Volume — 119,055 contracts
  • 2021-11-26: Largest IV spike — 15.0% change
  • 2021-11-30: Highest IV Rank — 92.6%
  • 2021-11-30: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$144.17$137.26$149.02$137.26$144.76
Max Pain$131.48$130.00$135.00$131.00$135.00
ATM IV31.7%28.5%37.9%28.5%37.9%
Expected Move9.1%8.3%11.6%8.3%11.6%
HV 20d33.9%30.1%38.6%31.7%34.4%
HV 60d38.6%36.7%40.0%36.7%40.0%
IV Rank59.8%43.0%92.6%43.0%92.6%
IV Percentile88.8%73.0%99.6%73.0%99.6%
Term Structure-0.1%-2.3%2.5%0.5%0.1%
VWIV33.5%30.6%41.9%30.9%41.9%
Skew 25d4.2%2.1%9.1%2.7%5.0%
Skew 10d9.4%4.4%16.1%4.4%11.6%
Call IV 25d30.5%28.0%36.7%28.2%36.7%
Put IV 25d34.7%30.9%41.7%30.9%41.7%
Bid-Ask Spread %40.1321.8059.3623.6933.10
Gamma HHI0.090.060.120.110.07
Net GEX19.4M11.2M33.1M16.9M13.1M
Net DEX-916.8M-1.10B-658.6M-658.6M-824.1M
Net VEX-3.9M-4.1M-3.6M-3.6M-4.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.090.270.090.16
Total Volume70,996.95256,208119,055112,22363,903
Total OI266,846.476243,924290,164243,924262,246

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$137.26$131.0028.5%8.3%31.7%43.0%30.9%2.7%0.5%16.9M-658.6M-3.6M0.0923.69N/AN/A103,0189,205115,509128,415
2021-11-02$143.51$132.0029.0%8.4%32.2%45.7%30.9%3.1%0.4%27.0M-963.3M-3.6M0.1225.41N/AN/A106,11712,938119,466131,312
2021-11-03$144.57$133.0030.2%8.4%30.7%52.1%30.6%3.2%-0.1%27.5M-986.8M-3.7M0.0933.03N/AN/A95,3558,318122,530135,446
2021-11-04$144.22$130.0033.2%9.2%31.0%67.8%34.5%4.9%-2.3%28.3M-977.9M-3.8M0.1644.99N/AN/A61,3939,592124,988137,042
2021-11-05$142.47$130.0032.8%9.3%32.1%65.6%34.5%4.0%0.2%18.2M-881.3M-4.0M0.2359.36N/AN/A63,22514,407128,926139,851
2021-11-08$142.20$130.0029.4%8.9%31.2%48.1%31.6%2.8%1.2%16.3M-852.7M-3.9M0.1544.61N/AN/A54,6108,271124,427138,161
2021-11-09$146.70$130.0032.2%9.1%32.0%62.6%32.6%2.7%-0.5%23.0M-1.05B-4.0M0.1442.25N/AN/A61,6528,669127,933139,883
2021-11-10$139.43$130.0033.6%9.4%38.6%69.9%34.5%2.1%-0.9%11.4M-690.5M-4.1M0.1855.34N/AN/A58,98210,381131,998141,598
2021-11-11$141.70$130.0030.4%9.1%37.8%53.1%32.7%3.2%2.5%13.7M-815.9M-4.1M0.1549.68N/AN/A53,5987,943135,760144,773
2021-11-12$142.69$130.0031.4%8.7%37.8%58.3%32.8%4.1%-1.7%18.2M-852.7M-4.1M0.1850.28N/AN/A55,6709,961136,737146,657
2021-11-15$142.80$130.0029.6%8.5%37.9%48.8%31.7%3.4%0.4%18.2M-891.7M-4.0M0.1337.21N/AN/A53,8387,001132,933142,120
2021-11-16$144.27$130.0030.3%8.7%37.3%52.7%31.8%3.2%-0.3%24.7M-990.9M-3.9M0.1252.35N/AN/A54,9026,681137,186143,285
2021-11-17$145.21$130.0029.0%8.3%37.1%45.6%33.3%5.0%0.8%26.8M-1.01B-4.0M0.1935.28N/AN/A51,8799,906137,693144,390
2021-11-18$146.67$130.0029.9%8.6%36.3%50.4%30.8%4.2%0.1%33.1M-1.10B-3.9M0.1635.56N/AN/A52,7988,638138,948148,157
2021-11-19$146.29$130.0030.2%8.6%33.5%52.2%31.6%4.7%-0.1%17.2M-1.10B-3.9M0.2753.16N/AN/A56,05414,885140,827149,337
2021-11-22$145.65$130.0030.9%9.0%33.3%55.9%32.6%4.8%-1.3%14.9M-895.5M-4.0M0.2136.65N/AN/A52,00510,784122,141123,411
2021-11-23$144.95$135.0034.1%9.7%32.8%72.6%35.8%4.3%0.0%12.8M-847.7M-4.0M0.2230.17N/AN/A47,34210,286125,809127,383
2021-11-24$148.26$135.0032.2%9.2%30.1%62.3%33.5%5.6%-1.0%17.0M-1.01B-4.0M0.1635.16N/AN/A48,6207,588128,056131,143
2021-11-26$144.84$135.0037.0%11.0%31.3%87.7%39.9%9.1%0.4%11.2M-826.3M-4.1M0.2243.68N/AN/A47,14510,581130,705132,421
2021-11-29$149.02$135.0033.2%9.8%32.5%67.9%35.6%5.0%-0.1%17.4M-1.02B-3.9M0.2121.80N/AN/A51,83610,959125,974128,199
2021-11-30$144.76$135.0037.9%11.6%34.4%92.6%41.9%5.0%0.1%13.1M-824.1M-4.1M0.1633.10N/AN/A55,1478,756129,727132,519