BX Options History — April 2022

In April 2022, BX traded between $102.83 and $130.79. ATM implied volatility averaged 43.3%, placing in the 61.9% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded below realized volatility by 9.3% (HV 20d: 52.6%). Max pain ranged from $115.00 to $125.00. Net GEX was positive for 5 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.72.

Notable Days

2022-04-28: Highest Volume — 49,167 contracts
2022-04-29: Largest IV spike — 12.5% change
2022-04-29: Highest IV Rank — 81.6%
2022-04-29: Largest Expected Move — 15.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$115.09	$102.83	$130.79	$127.26	$102.83
Max Pain	$121.75	$115.00	$125.00	$125.00	$115.00
ATM IV	43.3%	37.6%	50.6%	39.0%	50.6%
Expected Move	12.3%	10.4%	15.2%	10.8%	15.2%
HV 20d	52.6%	45.4%	63.8%	63.8%	50.9%
HV 60d	57.7%	56.3%	59.8%	57.2%	57.2%
IV Rank	61.9%	46.6%	81.6%	50.2%	81.6%
IV Percentile	89.4%	77.4%	98.0%	84.5%	98.0%
Term Structure	-0.8%	-1.9%	0.0%	-0.2%	-1.3%
VWIV	43.4%	36.7%	52.2%	37.4%	52.2%
Skew 25d	7.3%	2.7%	9.9%	6.4%	9.7%
Skew 10d	15.7%	9.2%	25.1%	13.5%	21.7%
Call IV 25d	40.8%	34.9%	48.0%	36.8%	48.0%
Put IV 25d	48.1%	39.7%	57.6%	43.2%	57.6%
Bid-Ask Spread %	26.32	9.14	47.59	34.86	9.14
Gamma HHI	0.07	0.06	0.10	0.07	0.06
Net GEX	-1.5M	-13.9M	20.1M	17.5M	-3.6M
Net DEX	-10.9M	-586.2M	259.8M	-463.2M	259.8M
Net VEX	-3.9M	-4.3M	-3.6M	-4.3M	-3.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.72	0.24	1.52	0.48	0.92
Total Volume	25,586.3	11,479	49,167	16,296	30,980
Total OI	236,988.15	209,301	256,840	239,068	256,840

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-04-01	$127.26	$125.00	39.0%	10.8%	63.8%	50.2%	37.4%	6.4%	-0.2%	17.5M	-463.2M	-4.3M	0.48	34.86	N/A	N/A	11,004	5,292	134,350	104,718
2022-04-04	$130.79	$125.00	37.6%	10.4%	53.6%	46.6%	36.7%	5.4%	-0.8%	20.1M	-586.2M	-4.2M	0.56	41.00	N/A	N/A	13,549	7,608	123,448	97,679
2022-04-05	$123.32	$125.00	39.3%	10.7%	58.7%	51.0%	37.6%	2.7%	-0.3%	3.0M	-255.0M	-4.1M	0.87	47.59	N/A	N/A	11,341	9,824	127,789	100,710
2022-04-06	$118.53	$125.00	42.5%	11.9%	56.0%	59.7%	43.7%	8.9%	-1.5%	-8.6M	-41.0M	-4.0M	1.52	42.83	N/A	N/A	14,011	21,293	128,830	105,645
2022-04-07	$116.46	$125.00	43.7%	12.4%	56.4%	63.0%	43.9%	7.6%	-0.5%	-13.9M	86.2M	-4.0M	0.85	37.61	N/A	N/A	14,579	12,380	131,644	113,106
2022-04-08	$115.50	$125.00	43.7%	12.3%	56.5%	62.9%	42.9%	5.7%	-0.0%	-5.4M	114.0M	-4.0M	0.68	33.29	N/A	N/A	14,174	9,664	135,354	116,730
2022-04-11	$113.06	$125.00	44.6%	12.4%	51.3%	65.3%	45.7%	6.3%	-1.3%	-7.2M	136.7M	-3.8M	1.19	38.20	N/A	N/A	10,271	12,197	125,248	108,300
2022-04-12	$113.25	$125.00	45.1%	12.2%	51.3%	66.7%	42.6%	7.5%	-1.8%	-8.7M	142.6M	-3.8M	0.61	42.76	N/A	N/A	9,834	6,042	127,720	116,036
2022-04-13	$116.26	$120.00	42.4%	12.0%	48.5%	59.4%	40.5%	6.2%	-0.5%	-5.8M	38.5M	-3.9M	0.34	37.55	N/A	N/A	17,255	5,944	129,207	117,033
2022-04-14	$113.71	$120.00	42.4%	11.7%	46.6%	59.3%	42.1%	7.0%	-1.9%	-1.2M	136.1M	-3.9M	0.76	27.56	N/A	N/A	9,836	7,496	134,744	118,030
2022-04-18	$111.63	$120.00	43.5%	12.4%	45.4%	62.3%	43.2%	7.2%	-0.4%	-3.0M	54.8M	-3.7M	0.48	12.08	N/A	N/A	11,002	5,333	114,762	94,539
2022-04-19	$117.32	$120.00	40.6%	11.6%	49.3%	54.6%	39.4%	8.0%	-0.2%	2.3M	-118.2M	-3.9M	0.42	14.75	N/A	N/A	14,895	6,255	118,193	96,753
2022-04-20	$120.94	$120.00	41.8%	12.0%	49.2%	57.9%	42.6%	8.8%	-1.6%	7.4M	-264.7M	-4.2M	0.66	27.55	N/A	N/A	17,571	11,630	124,370	98,842
2022-04-21	$112.87	$120.00	41.4%	11.9%	54.5%	56.7%	42.1%	6.9%	0.0%	-2.6M	23.4M	-3.9M	0.53	9.99	N/A	N/A	30,694	16,288	131,723	103,366
2022-04-22	$111.33	$120.00	42.7%	12.3%	54.2%	60.2%	43.3%	7.2%	-0.0%	-1.6M	85.8M	-3.8M	0.75	11.05	N/A	N/A	19,651	14,670	138,244	109,074
2022-04-25	$112.11	$120.00	44.9%	12.9%	54.1%	66.3%	46.6%	8.0%	-0.8%	-1.8M	17.6M	-3.9M	0.66	17.96	N/A	N/A	15,789	10,441	129,271	99,441
2022-04-26	$107.51	$120.00	48.7%	14.3%	55.6%	76.3%	51.7%	9.6%	-1.8%	-3.8M	143.1M	-3.7M	1.09	16.36	N/A	N/A	10,663	11,624	133,059	102,404
2022-04-27	$108.03	$120.00	47.4%	13.6%	48.9%	72.8%	46.5%	9.9%	-1.5%	-6.4M	149.6M	-3.6M	0.80	10.64	N/A	N/A	6,388	5,091	135,002	109,158
2022-04-28	$109.05	$120.00	45.0%	13.1%	47.9%	66.4%	47.1%	7.4%	-0.3%	-6.1M	121.6M	-3.7M	0.24	13.65	N/A	N/A	39,652	9,515	137,182	111,219
2022-04-29	$102.83	$115.00	50.6%	15.2%	50.9%	81.6%	52.2%	9.7%	-1.3%	-3.6M	259.8M	-3.6M	0.92	9.14	N/A	N/A	16,117	14,863	143,233	113,607