BX Options History — February 2024

In February 2024, BX traded between $121.01 and $130.06. ATM implied volatility averaged 29.4%, placing in the 12.9% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 1.6% (HV 20d: 27.8%). Max pain ranged from $120.00 to $120.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 1.53.

Notable Days

  • 2024-02-01: Highest Volume — 48,773 contracts
  • 2024-02-13: Largest IV spike — 8.3% change
  • 2024-02-13: Highest IV Rank — 19.3%
  • 2024-02-13: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$126.25$121.01$130.06$124.48$127.62
Max Pain$120.00$120.00$120.00$120.00$120.00
ATM IV29.4%28.0%31.7%30.2%28.0%
Expected Move8.4%7.9%9.1%8.7%7.9%
HV 20d27.8%21.5%31.8%21.6%28.9%
HV 60d30.6%28.7%31.3%30.9%30.5%
IV Rank12.9%9.1%19.3%15.3%9.1%
IV Percentile28.0%18.3%47.6%32.1%18.3%
Term Structure0.1%-1.3%1.3%-0.1%0.0%
VWIV30.5%28.2%32.4%32.4%28.2%
Skew 25d2.7%1.8%3.9%2.8%2.0%
Skew 10d6.3%3.1%9.3%5.8%3.1%
Call IV 25d28.4%27.1%30.5%29.0%27.4%
Put IV 25d31.1%29.4%34.5%31.8%29.4%
Bid-Ask Spread %11.634.7729.506.9312.23
Gamma HHI0.080.060.140.060.08
Net GEX3.6M-8.2M25.7M3.6M3.7M
Net DEX-408.5M-659.5M-152.0M-403.4M-435.5M
Net VEX-6.5M-6.8M-6.0M-6.0M-6.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.530.592.881.581.09
Total Volume18,043.36,56248,77348,7739,139
Total OI371,810.65336,775399,198336,775397,586

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$124.48$120.0030.2%8.7%21.6%15.3%32.4%2.8%-0.1%3.6M-403.4M-6.0M1.586.93N/AN/A18,89629,877141,942194,833
2024-02-02$124.43$120.0029.0%8.4%21.5%11.8%30.8%2.8%0.2%4.9M-330.8M-6.5M0.948.58N/AN/A7,4497,026142,490220,645
2024-02-05$121.01$120.0030.1%8.8%23.3%14.9%30.3%3.6%0.5%-8.2M-152.0M-6.4M1.5313.15N/AN/A5,0317,721131,454216,397
2024-02-06$123.41$120.0029.3%8.3%24.3%12.9%29.6%2.6%-0.9%-253.0K-303.3M-6.3M0.9615.12N/AN/A5,2114,996133,995222,057
2024-02-07$126.01$120.0028.4%8.3%25.1%10.3%28.9%2.3%0.7%8.7M-487.7M-6.2M0.728.97N/AN/A8,5256,161135,163222,550
2024-02-08$127.62$120.0028.3%8.1%25.4%9.9%30.8%2.2%0.2%15.9M-587.3M-6.2M1.907.87N/AN/A6,76812,862138,669227,107
2024-02-09$127.16$120.0028.0%8.3%24.4%9.2%31.5%2.2%1.3%25.7M-557.8M-6.2M1.869.86N/AN/A4,9909,290140,941231,753
2024-02-12$129.94$120.0029.3%8.4%25.2%12.6%30.8%2.8%0.1%12.4M-659.5M-6.2M1.088.54N/AN/A15,79817,011132,617228,257
2024-02-13$124.42$120.0031.7%9.1%29.9%19.3%32.2%3.9%0.1%-2.1M-274.1M-6.6M1.9428.17N/AN/A10,10119,612138,764233,573
2024-02-14$127.96$120.0029.2%8.4%30.8%12.4%31.3%2.5%0.9%10.1M-526.1M-6.5M1.6929.50N/AN/A6,61911,162141,177243,315
2024-02-15$130.06$120.0029.5%8.5%31.1%13.4%32.0%3.0%0.2%18.3M-653.4M-6.5M1.358.51N/AN/A7,47610,056144,005249,357
2024-02-16$128.10$120.0029.4%8.4%31.6%13.1%30.1%2.8%0.7%3.3M-523.5M-6.6M0.599.87N/AN/A11,4106,687147,161252,037
2024-02-20$126.28$120.0031.1%8.8%31.8%17.6%31.5%2.4%-0.4%-3.8M-329.4M-6.7M2.714.77N/AN/A5,99316,224126,995221,979
2024-02-21$125.94$120.0030.4%8.7%31.0%15.8%30.9%3.8%-0.4%-5.1M-314.5M-6.8M2.885.87N/AN/A2,8648,242131,391234,389
2024-02-22$127.38$120.0029.8%8.4%30.9%14.0%30.7%2.3%-0.1%214.8K-410.3M-6.6M2.026.36N/AN/A5,08510,283132,505240,327
2024-02-23$125.02$120.0028.5%8.1%30.4%10.7%29.0%2.9%0.1%-4.7M-245.3M-6.7M2.157.41N/AN/A7,92017,058134,512244,124
2024-02-26$125.35$120.0029.6%8.4%30.4%13.5%29.4%2.7%-1.3%-6.7M-272.0M-6.8M1.2013.37N/AN/A5,1856,210133,869247,972
2024-02-27$126.54$120.0028.7%8.2%29.4%11.0%28.8%2.5%-0.2%-1.4M-361.8M-6.7M0.6615.05N/AN/A3,9612,601136,176252,052
2024-02-28$126.23$120.0029.0%8.3%29.4%12.0%30.1%1.8%-0.5%-2.1M-341.8M-6.8M1.8512.50N/AN/A3,2916,075138,578253,499
2024-02-29$127.62$120.0028.0%7.9%28.9%9.1%28.2%2.0%0.0%3.7M-435.5M-6.6M1.0912.23N/AN/A4,3774,762139,423258,163