PBP Options History — May 2009

In May 2009, PBP traded between $17.63 and $18.29. ATM implied volatility averaged 61.0%. The 30-day expected move averaged 12.2%. IV traded above realized volatility by 48.9% (HV 20d: 12.1%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2009-05-21: Highest Volume — 1 contracts
  • 2009-05-13: Largest IV spike — 243.3% change
  • 2009-05-04: Largest Expected Move — 24.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.01$17.63$18.29$17.63$18.29
ATM IV61.0%23.8%184.3%68.8%23.8%
Expected Move12.2%6.5%24.7%19.7%6.8%
HV 20d12.1%9.2%14.1%13.8%10.1%
Term Structure24.2%-31.5%70.7%-31.5%25.4%
VWIV17.2%17.2%17.2%17.2%17.2%
Bid-Ask Spread %179.06138.12196.36186.16161.78
Gamma HHI0.600.440.870.540.71
Net GEX-899-1.2K-557-825-1.1K
Net DEX29.2K20.2K39.9K32.9K20.2K
Net VEX-341-384-285-367-307
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.050100
Total OI9292929292

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-05-01$17.63$0.0068.8%19.7%13.8%0.0%0.0%0.0%-31.5%-82532.9K-3670.00186.16N/AN/A003161
2009-05-04$17.79$0.00138.3%24.7%13.9%0.0%0.0%0.0%-11.7%-69926.5K-3840.00196.36N/AN/A003161
2009-05-05$17.86$0.00158.9%16.2%13.9%0.0%0.0%0.0%57.1%-68825.3K-3840.00194.35N/AN/A003161
2009-05-06$17.91$0.0044.3%6.6%13.8%0.0%0.0%0.0%6.2%-99738.9K-2870.00180.61N/AN/A003161
2009-05-07$17.90$0.0052.5%6.5%13.6%0.0%0.0%0.0%8.3%-96839.9K-2850.00163.45N/AN/A003161
2009-05-08$17.97$0.0045.7%6.7%13.6%0.0%0.0%0.0%10.9%-92036.6K-2970.00138.12N/AN/A003161
2009-05-11$17.97$0.0064.3%18.4%13.6%0.0%0.0%0.0%64.1%-1.0K30.1K-3460.00194.44N/AN/A003161
2009-05-12$18.00$0.0053.7%15.4%13.5%0.0%0.0%0.0%62.7%-70724.5K-3750.00194.35N/AN/A003161
2009-05-13$18.08$0.00184.3%11.5%13.6%0.0%0.0%0.0%28.9%-85727.6K-3610.00188.72N/AN/A003161
2009-05-14$17.96$0.0051.8%14.8%13.9%0.0%0.0%0.0%15.1%-1.0K31.7K-3490.00194.35N/AN/A003161
2009-05-15$17.84$0.0044.0%12.6%14.1%0.0%0.0%0.0%42.4%-62925.3K-3690.00194.69N/AN/A003161
2009-05-18$18.18$0.0029.2%8.4%10.8%0.0%0.0%0.0%20.4%-92027.8K-3530.00170.19N/AN/A003161
2009-05-19$18.21$0.0028.4%8.1%10.7%0.0%0.0%0.0%9.2%-1.1K28.6K-3350.00174.13N/AN/A003161
2009-05-20$18.18$0.0026.5%7.6%10.0%0.0%0.0%0.0%16.1%-1.1K29.9K-3370.00167.62N/AN/A003161
2009-05-21$18.13$0.0049.5%14.2%9.2%0.0%17.2%0.0%53.8%-62322.1K-3670.00192.59N/AN/A103161
2009-05-22$17.96$0.0029.2%8.4%10.1%0.0%0.0%0.0%12.3%-1.1K33.6K-3250.00180.08N/AN/A003161
2009-05-26$18.06$0.0069.7%20.0%10.2%0.0%0.0%0.0%70.7%-55720.5K-3590.00193.07N/AN/A003161
2009-05-27$18.04$0.0033.3%9.5%10.3%0.0%0.0%0.0%16.1%-99231.1K-3280.00174.81N/AN/A003161
2009-05-28$18.20$0.0024.3%7.0%10.1%0.0%0.0%0.0%7.5%-1.2K30.1K-3090.00141.22N/AN/A003161
2009-05-29$18.29$0.0023.8%6.8%10.1%0.0%0.0%0.0%25.4%-1.1K20.2K-3070.00161.78N/AN/A003161