BX Options History — August 2023

In August 2023, BX traded between $96.44 and $106.51. ATM implied volatility averaged 29.9%, placing in the 5.5% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 4.1% (HV 20d: 25.8%). Max pain ranged from $95.00 to $100.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 0.80.

Notable Days

  • 2023-08-31: Highest Volume — 51,282 contracts
  • 2023-08-02: Largest IV spike — 7.8% change
  • 2023-08-09: Highest IV Rank — 11.7%
  • 2023-08-09: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$100.91$96.44$106.51$105.96$106.51
Max Pain$95.48$95.00$100.00$100.00$96.00
ATM IV29.9%27.1%32.0%28.2%27.2%
Expected Move8.5%7.7%9.1%7.9%7.7%
HV 20d25.8%21.2%32.9%31.8%24.3%
HV 60d28.2%26.5%29.9%28.2%26.5%
IV Rank5.5%0.0%11.7%0.0%0.2%
IV Percentile6.2%0.0%13.5%0.0%0.4%
Term Structure0.3%-0.7%1.1%-0.3%0.3%
VWIV29.9%27.1%32.6%27.5%27.2%
Skew 25d2.9%1.7%3.6%1.8%1.7%
Skew 10d6.5%3.8%7.9%3.8%4.7%
Call IV 25d28.8%25.9%30.8%27.6%26.5%
Put IV 25d31.7%28.2%33.7%29.4%28.2%
Bid-Ask Spread %5.362.5118.883.733.38
Gamma HHI0.110.090.120.110.12
Net GEX28.2M6.7M66.7M39.4M66.7M
Net DEX-479.6M-1.04B-139.0M-879.9M-1.04B
Net VEX-5.6M-5.7M-5.3M-5.7M-5.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.271.950.600.30
Total Volume16,133.7398,63351,28213,25751,282
Total OI397,409.304370,840419,323383,307415,968

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$105.96$100.0028.2%7.9%31.8%0.0%27.5%1.8%-0.3%39.4M-879.9M-5.7M0.603.73N/AN/A8,3094,948201,542181,765
2023-08-02$102.98$100.0030.4%8.6%32.9%6.7%30.1%2.8%-0.5%30.4M-646.8M-5.7M0.774.27N/AN/A5,7564,452205,765184,331
2023-08-03$102.55$95.0029.9%8.3%32.1%5.2%31.0%2.8%-0.5%28.8M-596.3M-5.7M0.4718.88N/AN/A6,4003,035205,213185,030
2023-08-04$102.60$95.0029.7%8.4%32.1%4.6%29.4%3.2%-0.7%26.9M-587.6M-5.7M1.275.72N/AN/A3,8914,930203,554186,699
2023-08-07$103.82$95.0029.3%8.4%32.1%3.3%29.9%2.4%0.4%35.1M-678.5M-5.7M0.433.26N/AN/A7,7553,366198,541183,900
2023-08-08$104.07$95.0030.5%8.7%26.1%7.0%30.4%2.7%-0.1%37.7M-722.8M-5.6M0.466.09N/AN/A9,2484,211202,107185,541
2023-08-09$100.34$95.0032.0%9.1%29.6%11.7%32.6%2.7%-0.3%24.4M-436.7M-5.7M1.0111.05N/AN/A7,4107,519207,355187,518
2023-08-10$99.53$95.0031.6%9.1%25.9%10.5%30.9%3.0%0.3%20.1M-366.5M-5.7M0.277.19N/AN/A14,9063,957208,271191,595
2023-08-11$98.62$95.0030.6%8.9%24.9%7.2%31.2%2.8%0.7%18.3M-301.4M-5.6M1.755.50N/AN/A4,8028,406212,393193,529
2023-08-14$97.59$95.0029.7%8.5%25.0%4.5%30.6%3.6%0.5%16.3M-217.8M-5.5M1.134.57N/AN/A6,2737,065203,284194,246
2023-08-15$97.27$95.0030.1%8.6%22.1%5.7%29.6%3.2%0.8%13.6M-199.0M-5.4M1.952.51N/AN/A4,9479,633204,837197,766
2023-08-16$97.19$95.0030.7%8.8%21.3%7.7%31.0%3.4%1.1%11.5M-190.4M-5.5M0.672.81N/AN/A6,4144,293207,798202,808
2023-08-17$96.44$95.0031.5%9.0%21.2%9.9%32.3%3.0%1.0%6.7M-139.0M-5.4M0.784.90N/AN/A4,8503,783210,412205,006
2023-08-18$98.98$95.0031.4%8.9%22.8%9.6%32.5%3.3%1.0%18.7M-315.7M-5.6M0.744.54N/AN/A7,4945,533212,148207,175
2023-08-21$99.24$95.0031.3%8.9%22.8%9.3%31.4%3.2%0.1%20.3M-335.1M-5.5M1.823.24N/AN/A6,57511,971190,190180,650
2023-08-22$98.14$95.0031.3%8.9%23.0%9.3%31.1%3.2%0.6%12.8M-244.3M-5.5M0.964.02N/AN/A6,2776,025193,134190,637
2023-08-23$99.70$95.0029.8%8.4%23.9%5.0%28.9%2.8%0.2%21.4M-350.0M-5.5M0.533.86N/AN/A6,6473,521195,330195,067
2023-08-24$99.28$95.0030.0%8.3%23.4%5.6%28.3%3.1%0.7%20.8M-311.5M-5.6M0.274.08N/AN/A13,8463,760198,675196,321
2023-08-25$99.80$95.0028.1%7.8%22.7%0.0%28.2%3.2%0.9%32.6M-355.7M-5.5M0.954.97N/AN/A8,4477,999205,994198,131
2023-08-28$100.77$95.0029.2%8.3%23.1%3.5%28.8%3.3%0.6%31.2M-439.0M-5.5M0.273.73N/AN/A18,3844,871203,020189,712
2023-08-29$104.44$95.0028.4%8.2%26.0%1.0%28.8%2.7%0.2%53.3M-797.9M-5.5M0.314.50N/AN/A23,4317,206212,997192,071
2023-08-30$105.00$95.0027.1%7.7%23.9%0.0%27.1%2.8%0.5%62.5M-882.5M-5.4M0.686.56N/AN/A10,2546,994218,661193,727
2023-08-31$106.51$96.0027.2%7.7%24.3%0.2%27.2%1.7%0.3%66.7M-1.04B-5.3M0.303.38N/AN/A39,39511,887220,491195,477