BX Options History — February 2023

In February 2023, BX traded between $89.03 and $99.45. ATM implied volatility averaged 38.6%, placing in the 14.8% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 2.9% (HV 20d: 35.7%). Max pain ranged from $89.00 to $95.00. Net GEX was positive for 6 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 2.91.

Notable Days

  • 2023-02-02: Highest Volume — 99,972 contracts
  • 2023-02-21: Largest IV spike — 8.9% change
  • 2023-02-22: Highest IV Rank — 24.0%
  • 2023-02-09: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$93.91$89.03$99.45$97.98$90.90
Max Pain$92.84$89.00$95.00$89.00$92.50
ATM IV38.6%35.1%40.9%35.1%38.0%
Expected Move11.1%10.5%11.7%10.5%11.1%
HV 20d35.7%30.4%39.8%33.1%30.9%
HV 60d43.4%38.9%52.7%52.5%38.9%
IV Rank14.8%3.1%24.0%3.1%12.0%
IV Percentile10.6%0.4%19.8%0.4%8.3%
Term Structure-0.2%-1.2%2.0%-0.6%-0.8%
VWIV41.2%37.5%45.6%38.0%38.5%
Skew 25d6.2%4.8%7.0%6.4%6.1%
Skew 10d12.3%9.1%15.5%11.6%11.2%
Call IV 25d35.7%32.6%37.5%32.6%35.1%
Put IV 25d41.9%39.0%44.3%39.0%41.2%
Bid-Ask Spread %5.113.507.615.294.49
Gamma HHI0.070.050.100.060.08
Net GEX-3.0M-16.1M13.8M11.4M-7.5M
Net DEX-101.8M-648.3M177.7M-563.5M66.8M
Net VEX-4.7M-4.9M-4.4M-4.4M-4.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.910.317.691.313.35
Total Volume28,295.68412,73699,97222,77320,076
Total OI514,297.632434,965560,507532,870481,431

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$97.98$89.0035.1%10.5%33.1%3.1%38.0%6.4%-0.6%11.4M-563.5M-4.4M1.315.29N/AN/A9,87512,898164,930367,940
2023-02-02$99.45$90.0037.5%10.6%33.1%12.5%38.6%4.8%-0.8%13.8M-648.3M-4.4M0.315.27N/AN/A76,45723,515167,477373,715
2023-02-03$96.92$92.5038.0%10.9%35.0%14.5%38.6%6.0%-0.4%-2.2M-220.2M-4.8M2.116.61N/AN/A11,22923,740143,183386,190
2023-02-06$95.50$95.0038.8%11.2%35.1%15.3%43.8%6.3%0.0%-4.9M-118.5M-4.8M2.674.28N/AN/A6,55217,516143,221371,531
2023-02-07$96.78$95.0037.8%10.9%35.0%11.2%40.6%5.9%0.3%-1.3M-199.6M-4.8M1.104.68N/AN/A7,6918,494146,237379,581
2023-02-08$94.91$95.0038.5%11.2%36.0%13.8%41.7%6.4%0.3%-6.0M-84.2M-4.9M1.995.17N/AN/A5,0099,967149,428382,221
2023-02-09$91.34$95.0040.1%11.7%38.4%20.5%44.2%6.0%1.1%-16.1M133.9M-4.8M6.407.61N/AN/A4,93431,580150,910386,252
2023-02-10$92.80$95.0039.4%11.7%38.3%17.8%42.2%6.3%2.0%-14.8M54.3M-4.9M2.715.75N/AN/A7,48720,289152,225396,782
2023-02-13$96.22$92.5040.0%11.6%39.8%20.0%42.2%7.0%-0.4%707.2K-189.2M-4.9M1.543.90N/AN/A8,66413,326149,586382,392
2023-02-14$96.39$92.5037.6%10.8%39.8%10.3%43.0%6.3%0.4%5.6M-223.8M-4.8M3.495.31N/AN/A3,96713,850154,453389,169
2023-02-15$96.22$92.5037.9%10.9%38.9%11.3%42.6%6.4%-0.8%8.0M-224.3M-4.7M6.524.53N/AN/A2,93119,117155,661392,329
2023-02-16$94.43$92.5037.7%10.8%37.3%10.7%37.5%6.2%-0.4%1.4M-118.5M-4.7M2.345.41N/AN/A4,53010,613156,316397,212
2023-02-17$93.33$92.5037.5%10.8%36.0%9.8%39.0%5.9%-0.1%-5.5M-52.0M-4.6M1.853.50N/AN/A9,62617,771157,010403,497
2023-02-21$90.93$92.5040.9%11.7%36.0%23.8%41.2%7.0%-1.2%-4.8M30.4M-4.5M2.214.23N/AN/A8,46618,723140,954294,011
2023-02-22$90.36$92.5040.9%11.7%36.1%24.0%42.8%6.1%-0.9%-7.1M64.5M-4.5M2.104.12N/AN/A4,88210,254144,594304,224
2023-02-23$91.06$92.5039.4%11.2%36.1%17.7%45.6%6.3%-0.9%-6.5M42.0M-4.6M4.405.97N/AN/A6,87230,214146,712308,772
2023-02-24$89.03$92.5039.5%11.4%32.4%18.0%42.1%6.2%-0.8%-11.2M177.7M-4.6M7.696.62N/AN/A5,03538,732151,301325,187
2023-02-27$89.66$92.5038.8%11.2%30.4%15.1%40.6%5.9%-0.7%-10.5M138.5M-4.6M1.154.41N/AN/A5,9166,820145,348329,673
2023-02-28$90.90$92.5038.0%11.1%30.9%12.0%38.5%6.1%-0.8%-7.5M66.8M-4.6M3.354.49N/AN/A4,61515,461149,005332,426