BX Options History — July 2023

In July 2023, BX traded between $91.58 and $108.47. ATM implied volatility averaged 31.0%, placing in the 5.7% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 1.8% (HV 20d: 29.2%). Max pain ranged from $85.00 to $100.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.64.

Notable Days

  • 2023-07-27: Highest Volume — 54,656 contracts
  • 2023-07-20: Largest IV drop — 9.9% change
  • 2023-07-11: Highest IV Rank — 16.1%
  • 2023-07-18: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$101.40$91.58$108.47$94.97$104.34
Max Pain$91.25$85.00$100.00$85.00$100.00
ATM IV31.0%28.3%34.7%29.6%28.5%
Expected Move8.7%7.9%9.5%8.4%8.2%
HV 20d29.2%22.9%32.0%27.6%31.8%
HV 60d31.6%29.2%33.2%31.0%29.2%
IV Rank5.7%0.0%16.1%0.0%0.6%
IV Percentile4.9%0.0%10.3%0.0%0.8%
Term Structure-0.4%-1.4%0.4%-0.5%-0.5%
VWIV30.8%27.6%33.8%29.4%28.6%
Skew 25d2.0%0.3%4.2%2.6%2.2%
Skew 10d3.9%1.1%8.3%6.0%4.6%
Call IV 25d30.3%27.6%34.2%28.5%27.6%
Put IV 25d32.2%29.4%35.4%31.2%29.8%
Bid-Ask Spread %7.223.9015.445.054.75
Gamma HHI0.110.090.150.110.11
Net GEX31.9M14.4M41.8M26.5M35.3M
Net DEX-791.9M-1.35B-186.1M-415.0M-761.4M
Net VEX-5.6M-5.7M-5.3M-5.4M-5.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.141.440.431.44
Total Volume23,548.857,85954,65610,11310,963
Total OI396,216.5368,387439,001368,387378,644

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$94.97$85.0029.6%8.4%27.6%0.0%29.4%2.6%-0.5%26.5M-415.0M-5.4M0.435.05N/AN/A7,0513,062195,941172,446
2023-07-05$93.18$85.0031.0%8.5%23.3%4.4%29.9%4.1%-0.7%21.1M-291.6M-5.3M0.935.63N/AN/A6,2505,792197,597173,530
2023-07-06$91.58$90.0032.5%9.1%23.2%9.2%32.0%4.2%-1.0%14.4M-186.1M-5.3M0.7813.83N/AN/A10,3598,095200,845176,586
2023-07-07$92.16$90.0031.9%9.1%23.1%7.3%32.1%3.8%-0.0%14.5M-229.9M-5.4M0.798.38N/AN/A5,1744,077205,905181,240
2023-07-10$93.25$90.0031.7%8.7%22.9%6.5%30.7%3.8%-1.3%21.0M-305.1M-5.4M0.568.12N/AN/A5,3632,977200,409178,100
2023-07-11$98.55$90.0034.7%9.4%29.4%16.1%33.4%1.2%-1.4%30.7M-690.8M-5.6M0.426.06N/AN/A32,68613,707203,495179,439
2023-07-12$98.38$90.0032.2%8.9%29.2%8.2%31.2%1.6%-1.0%37.3M-702.6M-5.6M0.526.57N/AN/A16,7368,652217,854185,640
2023-07-13$102.38$90.0033.3%9.3%31.7%11.7%32.5%1.4%-0.6%38.4M-1.01B-5.6M0.395.57N/AN/A19,2007,569219,988188,542
2023-07-14$104.33$90.0033.1%9.2%31.8%11.3%32.4%0.3%-1.0%35.9M-1.17B-5.7M0.334.39N/AN/A29,5429,647223,820191,391
2023-07-17$104.19$90.0033.2%9.4%31.0%11.4%33.2%1.5%0.0%38.4M-1.09B-5.7M0.529.73N/AN/A21,04710,895224,245188,358
2023-07-18$107.16$90.0033.1%9.5%30.9%11.2%32.7%0.9%-0.7%40.2M-1.30B-5.6M0.423.90N/AN/A27,93611,629228,443194,788
2023-07-19$108.47$90.0032.8%9.4%30.4%10.2%33.8%1.1%-0.3%35.5M-1.35B-5.6M0.6815.44N/AN/A21,18014,395224,551199,850
2023-07-20$107.42$90.0029.5%8.5%29.9%0.0%29.8%0.9%0.1%41.8M-1.28B-5.5M0.736.99N/AN/A15,39011,258229,512202,807
2023-07-21$104.89$90.0028.8%8.2%32.0%0.0%29.3%1.1%0.4%38.4M-1.07B-5.6M0.804.22N/AN/A17,38813,939232,887206,114
2023-07-24$105.16$90.0029.2%8.3%31.1%1.2%29.6%1.6%0.1%33.2M-849.5M-5.6M0.935.93N/AN/A6,4576,001201,867175,973
2023-07-25$104.59$95.0028.9%8.2%31.5%0.3%28.7%1.4%0.1%33.4M-807.7M-5.6M0.855.29N/AN/A4,2473,612203,977178,526
2023-07-26$104.90$95.0028.3%7.9%30.7%0.0%28.1%1.5%0.2%34.5M-834.1M-5.7M0.559.22N/AN/A5,2472,907205,251180,358
2023-07-27$103.25$95.0029.7%8.5%31.6%4.3%29.9%2.0%-0.2%30.1M-705.5M-5.7M0.1410.80N/AN/A47,7696,887206,979181,825
2023-07-28$104.80$100.0028.4%7.9%31.6%0.1%27.6%1.8%0.4%37.9M-786.0M-5.7M0.584.51N/AN/A10,0535,838201,189185,418
2023-07-31$104.34$100.0028.5%8.2%31.8%0.6%28.6%2.2%-0.5%35.3M-761.4M-5.7M1.444.75N/AN/A4,4976,466199,710178,934