BX Options History — February 2026

In February 2026, BX traded between $114.02 and $141.75. ATM implied volatility averaged 40.3%, placing in the 28.6% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded below realized volatility by 3.3% (HV 20d: 43.6%). Max pain ranged from $140.00 to $155.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 2.58.

Notable Days

  • 2026-02-19: Highest Volume — 69,033 contracts
  • 2026-02-05: Largest IV spike — 27.2% change
  • 2026-02-27: Highest IV Rank — 50.6%
  • 2026-02-27: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$127.18$114.02$141.75$141.75$114.02
Max Pain$146.32$140.00$155.00$155.00$140.00
ATM IV40.3%31.4%51.2%31.4%51.2%
Expected Move11.6%9.1%14.8%9.1%14.8%
HV 20d43.6%37.8%49.1%37.8%49.1%
HV 60d35.0%29.1%38.9%29.1%38.9%
IV Rank28.6%10.8%50.6%10.8%50.6%
IV Percentile79.2%35.7%97.6%35.7%97.6%
Term Structure-0.6%-4.3%1.8%1.8%-2.3%
VWIV42.0%33.6%52.4%34.2%52.4%
Skew 25d6.8%3.2%9.7%3.9%8.8%
Skew 10d13.1%6.8%25.4%6.8%8.4%
Call IV 25d37.7%30.6%48.1%30.6%48.1%
Put IV 25d44.5%34.4%56.9%34.4%56.9%
Bid-Ask Spread %56.2731.1375.3975.3931.13
Gamma HHI0.120.080.340.130.10
Net GEX-21.1M-36.7M-12.7M-20.1M-31.1M
Net DEX781.1M505.5M1.09B505.5M1.09B
Net VEX-7.3M-8.2M-6.5M-6.7M-7.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.580.666.851.822.61
Total Volume27,84013,00569,03319,81134,331
Total OI291,804.421238,171357,191238,171357,191

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$141.75$155.0031.4%9.1%37.8%10.8%34.2%3.9%1.8%-20.1M505.5M-6.7M1.8275.39N/AN/A7,01412,79791,701146,470
2026-02-03$134.07$155.0036.0%10.7%39.8%19.9%38.5%5.2%-0.1%-21.0M741.9M-6.6M1.1560.57N/AN/A13,73915,86196,130155,814
2026-02-04$135.17$150.0036.3%11.1%40.1%20.6%38.6%7.4%1.0%-21.9M705.4M-7.0M0.6667.45N/AN/A9,5456,307100,408163,827
2026-02-05$125.92$150.0046.2%12.3%42.2%40.5%41.0%9.7%-4.3%-18.2M924.5M-6.5M2.1155.39N/AN/A6,18513,071105,616166,581
2026-02-06$129.70$150.0036.6%10.7%44.0%21.3%38.5%3.2%0.5%-24.2M875.3M-6.9M0.6661.77N/AN/A7,8345,171108,528174,625
2026-02-09$131.39$150.0034.2%9.9%43.5%16.3%34.5%5.6%0.8%-20.1M773.9M-7.2M1.0460.33N/AN/A11,42511,888103,015172,646
2026-02-10$133.81$150.0034.3%9.7%44.6%16.5%33.6%5.7%-1.0%-13.8M597.1M-7.4M1.3363.01N/AN/A7,57510,079110,808168,350
2026-02-11$132.72$145.0034.9%9.7%44.6%17.8%36.4%6.9%-1.0%-12.7M619.1M-7.5M3.4167.96N/AN/A3,01610,283114,750169,561
2026-02-12$130.27$145.0039.0%10.9%43.6%26.0%39.8%5.9%-0.7%-16.9M689.9M-7.4M2.5466.85N/AN/A8,97922,840115,604171,543
2026-02-13$129.53$145.0038.6%11.0%42.2%25.2%42.7%6.3%-0.2%-24.6M682.1M-7.4M3.0458.06N/AN/A5,31516,155115,978171,103
2026-02-17$131.10$145.0038.8%11.1%42.0%25.6%42.8%8.2%-0.7%-16.4M649.8M-7.4M2.8660.12N/AN/A4,04911,586112,209174,077
2026-02-18$133.01$145.0034.9%10.0%39.1%17.8%38.7%6.8%-0.5%-12.9M586.1M-7.5M4.4164.81N/AN/A3,40815,021114,389179,070
2026-02-19$125.67$145.0040.6%11.6%42.0%29.1%45.1%7.9%0.4%-22.0M814.4M-7.2M6.8557.76N/AN/A8,79860,235115,422179,707
2026-02-20$121.33$145.0044.0%12.9%42.8%36.1%45.3%7.0%-3.2%-36.7M937.3M-7.2M3.4259.89N/AN/A8,07927,630119,991196,659
2026-02-23$114.03$145.0049.0%14.5%45.9%46.1%51.0%7.5%-0.5%-19.8M956.2M-6.8M2.3547.70N/AN/A14,53334,105103,460183,131
2026-02-24$116.47$140.0047.5%14.1%47.3%43.1%49.6%7.4%-0.7%-23.1M939.3M-7.5M1.4239.00N/AN/A11,74116,707110,682203,689
2026-02-25$118.40$140.0044.3%13.2%48.4%36.7%47.3%8.4%0.3%-22.3M863.5M-8.0M2.2436.10N/AN/A8,53019,105117,279211,275
2026-02-26$118.10$140.0047.4%14.2%48.5%42.9%47.6%8.0%-0.7%-23.0M891.3M-8.2M5.1235.74N/AN/A7,51538,508121,691221,304
2026-02-27$114.02$140.0051.2%14.8%49.1%50.6%52.4%8.8%-2.3%-31.1M1.09B-7.9M2.6131.13N/AN/A9,50424,827124,530232,661