PBP Options History — January 2010

In January 2010, PBP traded between $20.62 and $21.71. ATM implied volatility averaged 48.8%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 40.9% (HV 20d: 7.9%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 1 of 19 days.

Notable Days

  • 2010-01-29: Largest IV spike — 409.4% change
  • 2010-01-29: Highest IV Rank — 63.1%
  • 2010-01-29: Largest Expected Move — 35.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.37$20.62$21.71$21.67$20.62
ATM IV48.8%20.9%124.8%30.3%124.8%
Expected Move11.8%5.1%35.8%5.2%35.8%
HV 20d7.9%4.7%12.8%6.3%12.8%
HV 60d12.1%11.7%13.5%13.5%12.4%
IV Rank22.5%7.6%63.1%12.6%63.1%
IV Percentile46.5%16.7%86.6%38.3%86.6%
Term Structure-11.3%-39.3%0.3%-1.5%-39.3%
Bid-Ask Spread %167.41154.01191.04155.23185.44
Gamma HHI0.500.500.510.510.50
Net GEX-1.2K-1.4K-519-1.4K-519
Net DEX20.4K18.5K24.8K19.6K20.2K
Net VEX-106-118-92-107-109
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI2020202020

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-01-04$21.67$0.0030.3%5.2%6.3%12.6%0.0%0.0%-1.5%-1.4K19.6K-1070.00155.23N/AN/A00020
2010-01-05$21.69$0.0032.6%5.5%5.3%13.8%0.0%0.0%-1.9%-1.4K19.5K-1100.00164.33N/AN/A00020
2010-01-06$21.66$0.0033.1%5.5%5.3%14.1%0.0%0.0%-2.9%-1.4K19.7K-1100.00158.88N/AN/A00020
2010-01-07$21.64$0.0031.9%5.1%5.4%13.5%0.0%0.0%-1.9%-1.4K19.8K-1040.00154.01N/AN/A00020
2010-01-08$21.66$0.0034.0%5.2%5.3%14.6%0.0%0.0%-2.0%-1.4K19.7K-1060.00156.02N/AN/A00020
2010-01-11$21.70$0.0044.5%5.7%5.1%20.2%0.0%0.0%-3.2%-1.4K19.5K-1050.00161.47N/AN/A00020
2010-01-12$21.69$0.0042.4%5.3%5.1%19.1%0.0%0.0%0.3%-1.4K19.6K-1050.00163.77N/AN/A00020
2010-01-13$21.67$0.0047.1%5.4%4.7%21.6%0.0%0.0%-3.2%-1.4K19.7K-1050.00154.80N/AN/A00020
2010-01-14$21.71$0.0088.2%25.3%4.7%43.5%0.0%0.0%-34.9%-56018.5K-1180.00191.04N/AN/A00020
2010-01-15$21.45$0.0020.9%6.0%6.5%7.6%0.0%0.0%-4.4%-1.4K20.9K-1040.00159.31N/AN/A00020
2010-01-19$21.63$0.0023.0%6.6%7.1%8.7%0.0%0.0%-3.7%-1.4K20.0K-1060.00164.47N/AN/A00020
2010-01-20$21.55$0.0022.7%6.5%6.8%8.6%0.0%0.0%-4.2%-1.4K20.5K-1030.00163.76N/AN/A00020
2010-01-21$21.30$0.00100.8%28.9%7.9%50.3%0.0%0.0%-31.8%-53419.1K-1150.00189.19N/AN/A00020
2010-01-22$20.78$0.00108.2%31.0%11.6%54.2%0.0%0.0%-28.5%-52520.0K-1130.00186.34N/AN/A00020
2010-01-25$20.98$0.0026.0%7.4%12.2%10.3%0.0%0.0%-5.9%-1.3K23.4K-1000.00165.66N/AN/A00020
2010-01-26$20.90$0.0066.6%19.1%12.2%32.0%0.0%0.0%-32.9%-53419.8K-1130.00186.34N/AN/A00020
2010-01-27$20.99$0.0025.7%7.4%12.3%10.2%0.0%0.0%-7.0%-1.3K23.5K-980.00162.39N/AN/A00020
2010-01-28$20.79$0.0024.5%7.0%12.6%9.5%0.0%0.0%-6.0%-1.3K24.8K-920.00158.36N/AN/A00020
2010-01-29$20.62$0.00124.8%35.8%12.8%63.1%0.0%0.0%-39.3%-51920.2K-1090.00185.44N/AN/A00020