BX Options History — January 2023

In January 2023, BX traded between $75.88 and $95.96. ATM implied volatility averaged 45.4%, placing in the 44.4% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 8.2% (HV 20d: 37.2%). Max pain ranged from $82.50 to $90.00. Net GEX was positive for 4 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 2.08.

Notable Days

  • 2023-01-26: Highest Volume — 65,044 contracts
  • 2023-01-26: Largest IV drop — 11.7% change
  • 2023-01-03: Highest IV Rank — 79.7%
  • 2023-01-05: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$85.12$75.88$95.96$75.88$95.58
Max Pain$87.25$82.50$90.00$82.50$88.00
ATM IV45.4%36.1%53.9%53.9%37.0%
Expected Move13.0%10.7%14.8%13.7%11.2%
HV 20d37.2%33.3%41.9%41.9%33.3%
HV 60d52.8%51.7%54.6%54.6%52.8%
IV Rank44.4%6.7%79.7%79.7%10.6%
IV Percentile46.4%1.6%89.3%89.3%3.6%
Term Structure-1.2%-3.4%0.7%-1.1%-0.4%
VWIV46.2%38.7%53.7%49.0%39.9%
Skew 25d7.1%4.3%8.8%7.6%5.6%
Skew 10d12.8%8.4%15.2%13.2%10.5%
Call IV 25d42.1%34.2%49.6%49.6%34.9%
Put IV 25d49.1%38.9%57.2%57.2%40.5%
Bid-Ask Spread %9.862.5930.405.384.86
Gamma HHI0.100.070.160.160.07
Net GEX-7.0M-21.7M18.1M-20.9M5.2M
Net DEX84.0M-519.5M524.4M524.4M-403.2M
Net VEX-4.3M-4.5M-3.9M-3.9M-4.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.080.793.582.071.02
Total Volume35,606.415,64665,04435,64215,646
Total OI532,715.15453,306599,150486,038526,559

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$75.88$82.5053.9%13.7%41.9%79.7%49.0%7.6%-1.1%-20.9M524.4M-3.9M2.075.38N/AN/A11,59724,045176,667309,371
2023-01-04$77.25$82.5052.0%13.3%41.4%71.5%44.4%8.2%-0.5%-19.7M451.9M-4.0M3.586.68N/AN/A8,37629,965181,286320,184
2023-01-05$76.53$90.0052.5%14.8%39.5%73.4%52.3%6.9%-1.5%-21.7M509.2M-4.0M3.2115.36N/AN/A9,46430,367185,690328,242
2023-01-06$79.20$90.0050.1%13.9%41.2%63.4%48.6%8.4%-1.1%-11.3M349.0M-4.2M3.2530.40N/AN/A12,94642,078188,019344,634
2023-01-09$80.75$90.0050.1%14.2%41.4%63.4%49.0%8.8%-0.2%-14.2M309.2M-4.3M1.8226.31N/AN/A14,18025,825181,668347,886
2023-01-10$80.16$90.0050.1%14.1%41.3%63.5%50.8%8.0%-0.9%-15.7M360.9M-4.4M3.4821.47N/AN/A3,53512,308187,492367,545
2023-01-11$82.82$90.0050.2%13.7%39.8%63.8%49.4%8.8%-2.6%-10.2M200.4M-4.5M1.9618.20N/AN/A12,79425,060188,667368,205
2023-01-12$84.34$90.0046.9%13.2%39.8%50.3%46.8%7.7%-1.0%-5.7M78.8M-4.4M0.7912.94N/AN/A15,06011,830193,381383,293
2023-01-13$85.53$90.0043.3%12.5%37.7%35.9%43.6%7.2%0.7%-850.0K-7.7M-4.4M0.898.40N/AN/A12,82311,462197,305387,832
2023-01-17$85.56$90.0044.6%12.8%33.9%41.3%45.7%6.7%-2.9%-5.4M32.8M-4.2M0.952.59N/AN/A8,5668,101190,955377,999
2023-01-18$84.10$85.0045.7%13.1%33.4%45.6%46.1%7.4%-2.6%-6.8M134.2M-4.2M1.493.83N/AN/A11,10916,538194,853380,802
2023-01-19$81.40$85.0048.5%14.1%33.7%56.9%53.7%8.2%-3.4%-15.8M350.2M-4.3M3.166.19N/AN/A11,40436,005198,270386,699
2023-01-20$84.62$85.0045.1%13.1%35.7%43.3%46.5%7.9%-2.3%-10.4M110.7M-4.4M3.024.89N/AN/A10,36031,301201,166397,984
2023-01-23$87.44$85.0042.8%12.9%36.0%33.7%46.4%7.1%-0.4%-8.1M26.9M-4.3M1.523.36N/AN/A15,49023,534133,528319,778
2023-01-24$88.04$86.0042.0%12.6%34.6%30.5%45.4%6.3%-1.3%-5.9M-16.8M-4.3M2.566.17N/AN/A10,80827,669142,829319,347
2023-01-25$88.74$86.0041.5%12.4%34.6%28.8%45.3%6.1%-1.0%-4.8M-57.0M-4.5M2.223.56N/AN/A11,45325,481148,689336,994
2023-01-26$93.13$86.0036.7%10.9%36.5%9.2%39.2%4.3%-0.3%8.4M-350.0M-4.2M2.014.22N/AN/A21,59843,446155,353355,685
2023-01-27$95.96$86.0036.1%10.7%34.3%6.7%38.7%4.7%0.1%18.1M-519.5M-4.3M1.114.38N/AN/A19,07221,180162,191374,583
2023-01-30$95.41$88.0038.4%11.8%34.1%16.3%43.5%5.7%-0.9%5.6M-403.7M-4.4M1.498.04N/AN/A11,89817,754155,408357,264
2023-01-31$95.58$88.0037.0%11.2%33.3%10.6%39.9%5.6%-0.4%5.2M-403.2M-4.4M1.024.86N/AN/A7,7557,891160,374366,185