BX Options History — November 2023

In November 2023, BX traded between $94.69 and $112.25. ATM implied volatility averaged 26.9%, placing in the 4.9% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded below realized volatility by 15.2% (HV 20d: 42.2%). Max pain ranged from $100.00 to $100.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 1.87.

Notable Days

  • 2023-11-08: Highest Volume — 32,839 contracts
  • 2023-11-10: Largest IV drop — 7.5% change
  • 2023-11-01: Highest IV Rank — 13.2%
  • 2023-11-01: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$103.03$94.69$112.25$94.69$112.25
Max Pain$100.00$100.00$100.00$100.00$100.00
ATM IV26.9%24.7%30.0%30.0%25.7%
Expected Move7.8%7.1%8.9%8.9%7.9%
HV 20d42.2%32.1%51.3%42.0%32.4%
HV 60d35.0%32.9%36.2%32.9%35.0%
IV Rank4.9%0.0%13.2%13.2%2.7%
IV Percentile4.7%0.0%14.3%14.3%3.6%
Term Structure0.2%-0.5%1.0%0.7%-0.1%
VWIV27.5%24.8%29.8%28.3%27.6%
Skew 25d3.1%1.7%4.9%4.9%1.7%
Skew 10d6.2%3.5%10.2%10.2%3.5%
Call IV 25d25.7%23.9%27.9%27.9%25.0%
Put IV 25d28.8%26.0%32.8%32.8%26.7%
Bid-Ask Spread %6.973.8315.656.855.55
Gamma HHI0.110.060.250.060.15
Net GEX15.5M-3.0M35.4M-2.2M29.2M
Net DEX-339.9M-824.6M120.2M120.2M-824.6M
Net VEX-4.9M-5.1M-4.7M-5.0M-4.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.870.498.356.550.54
Total Volume17,380.2384,21632,83931,79110,176
Total OI361,347.857343,762386,326348,588362,377

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$94.69$100.0030.0%8.9%42.0%13.2%28.3%4.9%0.7%-2.2M120.2M-5.0M6.556.85N/AN/A4,21227,579159,173189,415
2023-11-02$98.27$100.0028.5%8.3%44.5%9.0%27.9%4.4%0.6%6.1M-100.1M-5.0M1.687.18N/AN/A11,69919,688160,307191,546
2023-11-03$101.16$100.0027.1%8.0%45.7%4.9%28.1%3.8%0.8%9.8M-277.8M-5.0M0.773.83N/AN/A13,52710,412163,222194,520
2023-11-06$97.95$100.0028.4%8.1%46.9%8.8%26.6%4.3%-0.5%464.5K-16.5M-5.0M1.834.71N/AN/A6,15411,257161,641194,201
2023-11-07$99.46$100.0027.6%7.9%47.3%6.3%29.8%4.0%0.0%5.8M-126.2M-5.0M3.335.56N/AN/A3,86012,870165,864195,673
2023-11-08$99.24$100.0027.3%7.9%46.8%5.7%26.6%3.7%-0.0%4.5M-103.9M-5.0M8.354.87N/AN/A3,51229,327166,650197,448
2023-11-09$96.50$100.0029.2%8.5%47.3%10.9%29.8%4.3%0.8%-3.0M77.2M-5.0M1.4510.75N/AN/A8,99713,046168,600198,856
2023-11-10$98.44$100.0027.0%7.8%47.9%4.7%28.3%3.5%0.1%4.0M-65.6M-4.9M2.606.15N/AN/A5,12813,321174,977199,414
2023-11-13$97.81$100.0027.7%7.9%47.5%6.6%28.5%4.2%1.0%2.1M-15.5M-4.9M1.957.96N/AN/A5,82311,359171,984196,723
2023-11-14$102.97$100.0027.1%7.8%51.3%5.1%27.8%3.0%0.9%21.8M-398.9M-5.0M0.493.99N/AN/A21,10410,318174,826197,726
2023-11-15$104.20$100.0027.7%7.9%50.1%6.5%28.0%2.9%0.4%21.8M-484.5M-5.1M1.348.33N/AN/A6,3468,508176,369202,658
2023-11-16$103.56$100.0026.9%7.7%40.8%4.5%27.8%3.0%0.5%21.2M-433.9M-5.1M1.474.48N/AN/A3,5295,191177,822204,727
2023-11-17$104.84$100.0027.3%7.8%40.9%5.4%27.8%2.2%-0.1%35.4M-532.3M-5.1M0.714.86N/AN/A8,6736,189179,764206,562
2023-11-20$106.61$100.0026.2%7.5%40.1%2.6%27.0%2.2%-0.3%20.4M-516.4M-5.0M0.509.04N/AN/A9,7564,866158,727185,035
2023-11-21$105.89$100.0026.4%7.6%39.9%2.9%27.1%2.0%-0.2%19.9M-474.1M-5.0M1.257.63N/AN/A2,1012,626162,002187,330
2023-11-22$106.56$100.0025.4%7.2%37.3%0.1%25.7%2.0%-0.2%23.4M-519.9M-5.0M0.727.03N/AN/A5,0423,644163,518188,486
2023-11-24$106.94$100.0024.9%7.1%37.2%0.0%24.8%2.1%-0.2%31.9M-541.8M-4.9M0.4915.65N/AN/A2,8211,395163,748190,509
2023-11-27$106.99$100.0024.9%7.3%34.0%0.0%26.6%2.2%0.0%21.1M-529.9M-4.8M1.176.39N/AN/A2,8603,339160,427188,344
2023-11-28$107.76$100.0024.7%7.3%32.1%0.0%25.8%2.1%0.1%23.4M-567.7M-4.8M1.619.33N/AN/A2,5854,150161,787190,422
2023-11-29$111.61$100.0025.7%7.8%33.1%2.7%27.6%1.8%0.3%28.1M-806.2M-4.7M0.536.30N/AN/A18,2849,711162,753192,172
2023-11-30$112.25$100.0025.7%7.9%32.4%2.7%27.6%1.7%-0.1%29.2M-824.6M-4.9M0.545.55N/AN/A6,6293,547166,203196,174