BX Options History — December 2022

In December 2022, BX traded between $72.03 and $85.28. ATM implied volatility averaged 47.7%, placing in the 56.9% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded below realized volatility by 3.8% (HV 20d: 51.6%). Max pain ranged from $82.50 to $95.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 3.10.

Notable Days

2022-12-07: Highest Volume — 114,411 contracts
2022-12-02: Largest IV drop — 13.8% change
2022-12-28: Highest IV Rank — 76.5%
2022-12-01: Largest Expected Move — 15.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$77.61	$72.03	$85.28	$85.28	$73.78
Max Pain	$88.57	$82.50	$95.00	$95.00	$82.50
ATM IV	47.7%	42.1%	52.9%	48.8%	50.9%
Expected Move	13.6%	12.5%	15.7%	15.7%	13.4%
HV 20d	51.6%	39.9%	73.0%	73.0%	39.9%
HV 60d	56.6%	54.2%	58.0%	57.8%	54.2%
IV Rank	56.9%	35.8%	76.5%	61.1%	68.9%
IV Percentile	66.2%	33.7%	86.5%	71.8%	79.8%
Term Structure	1.6%	-1.2%	5.3%	0.3%	1.0%
VWIV	47.7%	38.5%	57.0%	57.0%	45.8%
Skew 25d	6.6%	5.3%	8.1%	7.5%	6.0%
Skew 10d	13.0%	10.0%	16.1%	14.4%	12.2%
Call IV 25d	44.7%	40.8%	49.3%	45.3%	47.4%
Put IV 25d	51.3%	46.3%	56.6%	52.8%	53.4%
Bid-Ask Spread %	10.70	3.78	28.36	7.79	5.68
Gamma HHI	0.14	0.09	0.29	0.09	0.18
Net GEX	-26.6M	-37.2M	-19.6M	-25.2M	-25.7M
Net DEX	716.3M	466.7M	956.0M	545.0M	643.6M
Net VEX	-3.9M	-4.2M	-3.6M	-3.6M	-4.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.10	0.45	7.92	2.59	1.08
Total Volume	54,767.048	17,740	114,411	99,035	24,401
Total OI	477,337.095	391,684	535,416	391,684	499,621

Daily Data (21 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
2022-12-01	$85.28	$95.00	48.8%	15.7%	73.0%	61.1%	57.0%	7.5%	0.3%	-25.2M	545.0M	-3.6M	2.59	7.79	N/A	N/A	27,602	71,433	167,025	224,659
2022-12-02	$84.66	$92.50	42.1%	13.8%	72.0%	35.8%	51.5%	5.3%	-0.3%	-36.7M	644.4M	-3.8M	1.40	7.79	N/A	N/A	30,987	43,451	178,966	259,984
2022-12-05	$81.97	$95.00	46.2%	13.3%	72.4%	51.1%	53.6%	6.5%	0.8%	-31.4M	726.1M	-3.6M	7.92	28.36	N/A	N/A	12,012	95,109	169,158	249,560
2022-12-06	$79.03	$95.00	47.4%	13.8%	72.8%	55.7%	49.2%	6.3%	1.3%	-31.4M	885.9M	-3.7M	6.53	15.31	N/A	N/A	10,816	70,622	173,249	284,008
2022-12-07	$77.85	$92.50	48.8%	14.2%	72.4%	60.8%	48.8%	6.4%	0.7%	-33.1M	949.3M	-3.8M	6.08	17.16	N/A	N/A	16,170	98,241	177,009	315,179
2022-12-08	$79.10	$90.00	47.0%	13.5%	72.2%	54.2%	48.1%	5.4%	1.3%	-32.8M	799.6M	-4.0M	1.61	9.10	N/A	N/A	14,846	23,972	184,130	324,261
2022-12-09	$78.31	$90.00	46.2%	13.6%	48.2%	51.3%	46.0%	6.1%	2.3%	-28.9M	838.4M	-4.0M	2.19	11.50	N/A	N/A	10,246	22,478	192,952	329,981
2022-12-12	$81.90	$90.00	47.6%	13.5%	46.3%	56.5%	47.9%	7.0%	-0.7%	-23.1M	583.4M	-4.2M	0.77	8.45	N/A	N/A	15,575	11,979	183,951	312,069
2022-12-13	$83.37	$90.00	46.0%	13.1%	43.3%	50.3%	48.5%	7.0%	-0.7%	-19.6M	466.7M	-4.2M	1.54	14.22	N/A	N/A	17,016	26,274	192,281	314,352
2022-12-14	$80.50	$90.00	46.0%	13.2%	42.8%	50.4%	41.8%	6.9%	0.4%	-24.0M	667.0M	-4.1M	4.74	15.80	N/A	N/A	8,975	42,584	196,237	320,634
2022-12-15	$77.25	$90.00	48.4%	13.6%	43.2%	59.4%	47.7%	6.2%	-1.2%	-26.9M	848.3M	-4.0M	1.85	8.80	N/A	N/A	15,130	28,046	197,769	321,972
2022-12-16	$75.48	$87.50	48.6%	13.8%	41.8%	60.1%	47.0%	7.3%	0.1%	-37.2M	956.0M	-3.9M	2.66	9.18	N/A	N/A	22,634	60,147	202,944	332,472
2022-12-19	$73.22	$87.50	49.2%	14.0%	41.7%	62.5%	48.3%	8.1%	3.7%	-21.9M	778.4M	-3.7M	2.58	3.88	N/A	N/A	14,692	37,940	156,326	283,249
2022-12-20	$73.40	$85.00	48.0%	13.7%	41.9%	58.1%	48.0%	7.6%	3.9%	-22.9M	747.6M	-3.8M	3.15	7.81	N/A	N/A	8,292	26,155	164,745	291,650
2022-12-21	$75.54	$85.00	43.6%	12.5%	43.6%	41.5%	38.5%	6.7%	3.9%	-22.0M	657.3M	-4.0M	5.62	27.46	N/A	N/A	11,124	62,482	168,351	300,227
2022-12-22	$74.06	$85.00	47.4%	13.4%	43.2%	55.6%	48.0%	6.3%	4.6%	-22.4M	672.8M	-3.9M	1.10	5.17	N/A	N/A	10,562	11,617	174,032	293,124
2022-12-23	$74.66	$85.00	46.0%	12.6%	42.7%	50.2%	46.7%	5.8%	5.3%	-23.5M	651.3M	-3.9M	0.61	5.72	N/A	N/A	13,509	8,240	177,642	297,421
2022-12-27	$73.88	$85.00	50.5%	13.5%	42.5%	67.2%	47.1%	7.0%	1.9%	-23.1M	662.3M	-3.8M	0.45	7.25	N/A	N/A	12,194	5,546	173,451	289,877
2022-12-28	$72.03	$85.00	52.9%	14.2%	42.8%	76.5%	43.1%	7.3%	2.2%	-25.8M	736.6M	-3.8M	3.41	4.46	N/A	N/A	11,914	40,604	180,313	291,342
2022-12-29	$74.57	$82.50	50.5%	13.1%	43.7%	67.2%	49.7%	7.0%	2.5%	-21.1M	582.8M	-3.9M	7.23	3.78	N/A	N/A	6,618	47,873	184,696	293,210
2022-12-30	$73.78	$82.50	50.9%	13.4%	39.9%	68.9%	45.8%	6.0%	1.0%	-25.7M	643.6M	-4.0M	1.08	5.68	N/A	N/A	11,755	12,646	187,865	311,756