BX Options History — January 2024

In January 2024, BX traded between $116.81 and $127.30. ATM implied volatility averaged 31.7%, placing in the 19.4% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 1.4% (HV 20d: 30.3%). Max pain ranged from $110.00 to $120.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.11.

Notable Days

  • 2024-01-24: Highest Volume — 44,130 contracts
  • 2024-01-25: Largest IV drop — 13.4% change
  • 2024-01-04: Highest IV Rank — 28.1%
  • 2024-01-17: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$121.80$116.81$127.30$127.30$124.65
Max Pain$118.81$110.00$120.00$110.00$120.00
ATM IV31.7%26.8%34.9%33.6%29.0%
Expected Move9.0%7.8%9.8%8.1%8.7%
HV 20d30.3%22.7%39.7%36.8%25.4%
HV 60d35.6%31.4%38.8%37.9%31.4%
IV Rank19.4%5.8%28.1%24.7%11.9%
IV Percentile39.5%9.5%56.0%50.0%23.0%
Term Structure-0.7%-1.7%0.1%-0.8%-0.2%
VWIV31.8%27.7%34.4%28.9%31.4%
Skew 25d2.5%1.3%3.5%2.5%2.0%
Skew 10d5.3%3.3%7.1%4.8%4.1%
Call IV 25d30.5%26.3%33.8%32.6%28.4%
Put IV 25d33.0%27.6%36.4%35.0%30.4%
Bid-Ask Spread %10.416.9624.0810.1113.43
Gamma HHI0.110.060.720.080.06
Net GEX12.9M-715.1K99.4M14.8M6.8M
Net DEX-511.7M-1.01B-172.6M-1.01B-430.4M
Net VEX-5.5M-5.8M-5.3M-5.5M-5.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.110.222.661.220.47
Total Volume21,241.9529,53144,13019,07115,902
Total OI373,788.429273,133428,503396,043326,812

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$127.30$110.0033.6%8.1%36.8%24.7%28.9%2.5%-0.8%14.8M-1.01B-5.5M1.2210.11N/AN/A8,57910,492169,456226,587
2024-01-03$122.66$110.0034.6%8.5%39.7%27.4%30.0%1.4%-0.8%9.1M-692.9M-5.7M1.8110.15N/AN/A8,71015,771174,514229,700
2024-01-04$123.34$120.0034.9%9.4%39.6%28.1%32.9%2.8%-1.2%5.8M-730.0M-5.7M0.647.44N/AN/A7,7784,972176,245236,151
2024-01-05$121.72$120.0033.9%9.5%38.5%25.4%32.8%2.4%-1.5%-715.1K-606.1M-5.7M1.9210.49N/AN/A5,21510,036178,921237,839
2024-01-08$122.22$120.0033.7%9.5%38.2%24.9%34.3%3.4%-0.2%7.2M-666.6M-5.6M1.027.94N/AN/A4,7144,817172,488234,827
2024-01-09$121.25$120.0033.5%9.4%38.1%24.4%33.6%3.5%-0.6%6.4M-608.9M-5.6M1.6310.16N/AN/A6,87111,208174,928235,838
2024-01-10$121.69$120.0033.2%9.4%38.0%23.4%32.6%3.0%-0.5%8.0M-662.0M-5.6M0.8710.93N/AN/A8,0066,987178,959240,048
2024-01-11$119.54$120.0032.6%9.1%38.8%21.7%32.5%2.9%-1.3%4.9M-493.9M-5.6M1.1124.08N/AN/A8,5409,479178,438241,440
2024-01-12$119.29$120.0031.9%8.9%33.0%20.0%32.1%2.9%-0.7%10.1M-499.4M-5.5M0.947.59N/AN/A5,5045,196181,124241,568
2024-01-16$117.82$120.0032.8%9.4%23.2%22.4%33.1%3.2%-0.7%9.7M-408.3M-5.3M0.846.96N/AN/A9,5307,963175,138237,618
2024-01-17$116.81$120.0034.1%9.8%23.0%25.9%34.4%3.3%-1.6%11.2M-332.0M-5.3M1.8414.77N/AN/A14,23326,182177,595238,698
2024-01-18$117.17$120.0033.3%9.6%22.7%23.7%33.7%3.0%-1.7%8.2M-369.9M-5.4M0.977.73N/AN/A7,8087,613180,796243,187
2024-01-19$119.04$115.0031.0%9.0%23.2%17.4%32.0%3.0%-0.8%99.4M-522.1M-5.4M0.2212.04N/AN/A18,9724,106183,047245,456
2024-01-22$121.17$120.0031.2%9.2%24.3%18.0%33.0%2.3%-0.5%2.1M-276.9M-5.3M0.429.30N/AN/A14,7666,212112,425160,708
2024-01-23$119.06$120.0031.4%9.3%23.7%18.6%32.7%2.4%-0.6%2.2M-172.6M-5.4M2.6610.51N/AN/A5,28614,081119,530164,733
2024-01-24$120.69$120.0031.7%9.5%23.8%19.3%33.6%1.8%-0.6%349.5K-235.0M-5.5M1.418.35N/AN/A18,31925,811120,980174,177
2024-01-25$124.01$120.0027.5%8.0%25.9%7.6%28.7%1.8%-0.4%22.6M-460.3M-5.3M0.947.74N/AN/A19,63518,367133,899194,824
2024-01-26$124.28$120.0026.8%7.8%25.8%5.8%27.7%1.3%0.1%19.6M-442.9M-5.4M0.9611.55N/AN/A8,2067,859134,423202,874
2024-01-29$127.20$120.0027.5%8.1%27.3%7.8%28.7%1.6%0.1%10.9M-570.4M-5.3M1.109.65N/AN/A15,57317,107118,940176,932
2024-01-30$126.88$120.0027.8%8.3%26.8%8.5%29.3%1.5%-0.1%11.5M-555.0M-5.6M0.407.62N/AN/A14,1015,574127,504190,190
2024-01-31$124.65$120.0029.0%8.7%25.4%11.9%31.4%2.0%-0.2%6.8M-430.4M-5.8M0.4713.43N/AN/A10,8005,102135,800191,012