BX Options History — November 2025

In November 2025, BX traded between $137.18 and $146.44. ATM implied volatility averaged 33.8%, placing in the 20.5% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 6.2% (HV 20d: 27.6%). Max pain ranged from $150.00 to $160.00. Net GEX was positive for 2 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 1.73.

Notable Days

  • 2025-11-13: Highest Volume — 30,938 contracts
  • 2025-11-17: Largest IV spike — 9.7% change
  • 2025-11-18: Highest IV Rank — 27.9%
  • 2025-11-18: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$142.63$137.18$146.44$143.66$146.44
Max Pain$151.58$150.00$160.00$160.00$150.00
ATM IV33.8%29.7%37.7%35.4%29.7%
Expected Move9.8%8.7%10.8%9.9%8.7%
HV 20d27.6%21.2%34.4%34.0%24.9%
HV 60d30.2%29.4%31.0%30.8%29.9%
IV Rank20.5%12.8%27.9%23.7%12.8%
IV Percentile58.5%26.6%82.1%70.6%26.6%
Term Structure-0.4%-2.3%1.6%-0.9%0.8%
VWIV33.7%30.6%37.2%35.3%30.6%
Skew 25d4.5%2.5%6.2%2.6%5.3%
Skew 10d9.5%-4.4%21.9%13.1%21.9%
Call IV 25d31.9%26.4%35.2%33.4%26.4%
Put IV 25d36.4%31.7%41.0%35.9%31.7%
Bid-Ask Spread %56.3638.8468.9952.9448.40
Gamma HHI0.070.060.090.070.09
Net GEX-9.5M-17.4M8.3M-11.3M8.3M
Net DEX393.1M149.5M575.4M464.3M149.5M
Net VEX-7.2M-7.5M-6.9M-7.0M-7.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.730.456.361.020.60
Total Volume14,429.3168,07830,93816,3259,462
Total OI338,128.368320,041351,702329,745333,751

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$143.66$160.0035.4%9.9%34.0%23.7%35.3%2.6%-0.9%-11.3M464.3M-7.0M1.0252.94N/AN/A8,0688,257140,293189,452
2025-11-04$143.13$160.0033.2%9.9%34.0%19.4%33.9%4.1%0.7%-11.3M418.7M-6.9M1.2854.16N/AN/A4,3145,504142,443187,027
2025-11-05$144.48$160.0032.5%9.5%34.4%18.0%33.6%4.0%0.5%-10.6M381.1M-7.0M0.9949.75N/AN/A7,9747,877143,729187,709
2025-11-06$143.34$150.0033.5%9.8%34.3%19.9%30.9%3.8%0.1%-9.8M411.8M-7.1M3.1165.20N/AN/A5,12415,929148,902189,044
2025-11-07$146.07$150.0033.3%9.8%32.4%19.6%33.0%4.9%-0.4%-344.1K303.7M-7.3M1.5966.21N/AN/A5,7809,211151,071191,393
2025-11-10$144.88$150.0032.7%9.6%30.7%18.4%33.2%3.9%-0.1%-9.3M343.9M-7.1M0.4563.73N/AN/A6,1862,794144,968190,466
2025-11-11$145.38$150.0031.7%9.4%26.9%16.6%33.3%3.8%1.6%-8.1M323.4M-7.1M1.5760.96N/AN/A3,2355,080146,101191,045
2025-11-12$144.69$150.0032.3%9.4%26.8%17.7%32.8%4.2%0.4%-9.0M344.2M-7.1M1.2566.35N/AN/A5,6197,031147,063191,901
2025-11-13$139.42$150.0035.3%10.2%26.0%23.4%37.2%4.6%0.3%-15.5M537.8M-7.0M4.0263.86N/AN/A6,16924,769149,626192,830
2025-11-14$141.54$150.0033.1%9.7%27.0%19.3%34.1%2.5%1.1%-16.3M464.8M-7.1M1.0564.17N/AN/A4,7735,000151,331196,519
2025-11-17$138.80$150.0036.4%10.4%24.9%25.4%36.9%5.7%-2.2%-15.8M531.6M-7.0M1.8268.99N/AN/A5,1029,300147,554194,104
2025-11-18$137.18$150.0037.7%10.8%24.1%27.9%31.3%5.3%-2.3%-16.9M575.4M-7.0M1.4964.18N/AN/A5,9178,815149,337196,505
2025-11-19$137.94$150.0036.1%10.4%24.4%24.9%35.9%5.7%-1.4%-17.4M544.1M-7.2M1.7055.89N/AN/A2,9885,090151,514198,141
2025-11-20$138.43$150.0036.8%10.6%21.2%26.2%36.1%5.8%-2.2%-15.9M509.2M-7.3M6.3654.32N/AN/A3,00119,101152,546198,755
2025-11-21$142.50$150.0035.5%10.1%24.6%23.7%34.1%6.0%-0.7%-12.4M362.4M-7.5M0.7948.71N/AN/A7,9426,287153,481198,221
2025-11-24$142.19$150.0034.1%9.6%24.5%21.0%35.3%3.3%-1.5%-9.2M357.2M-7.3M0.9043.51N/AN/A8,8417,923127,613192,428
2025-11-25$143.99$150.0031.5%9.3%24.9%16.3%31.6%6.2%-0.6%-2.9M260.2M-7.4M1.4740.59N/AN/A4,8717,172132,578194,672
2025-11-26$145.84$150.0031.2%9.0%24.8%15.7%31.2%3.3%-1.0%2.4M185.2M-7.5M1.3838.84N/AN/A5,7317,920135,246195,080
2025-11-28$146.44$150.0029.7%8.7%24.9%12.8%30.6%5.3%0.8%8.3M149.5M-7.4M0.6048.40N/AN/A5,9293,533138,013195,738