PBP Options History — February 2010

In February 2010, PBP traded between $20.29 and $21.36. ATM implied volatility averaged 31.8%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 14.5% (HV 20d: 17.4%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 2 of 19 days.

Notable Days

  • 2010-02-04: Largest IV spike — 56.1% change
  • 2010-02-09: Highest IV Rank — 24.1%
  • 2010-02-04: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.94$20.29$21.36$20.89$21.36
ATM IV31.8%22.3%51.9%26.5%25.1%
Expected Move7.9%6.4%11.2%7.6%7.2%
HV 20d17.4%13.9%19.7%13.9%16.3%
HV 60d12.5%11.6%12.8%12.6%12.7%
IV Rank13.4%8.3%24.1%10.6%9.8%
IV Percentile35.0%18.1%61.5%26.7%24.5%
Term Structure-5.2%-18.8%2.3%-8.4%-1.6%
Bid-Ask Spread %165.07155.89176.04159.74164.38
Gamma HHI0.500.500.510.510.50
Net GEX-1.2K-1.5K-978-1.4K-1.4K
Net DEX23.2K21.6K25.1K24.3K21.6K
Net VEX-94-98-88-94-88
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
2010-02-01$20.89$0.0026.5%7.6%13.9%10.6%0.0%0.0%-8.4%-1.4K24.3K-940.00159.74N/AN/A00020
2010-02-02$21.09$0.0029.2%8.4%14.1%12.0%0.0%0.0%-8.8%-1.4K23.1K-960.00160.62N/AN/A00020
2010-02-03$21.00$0.0025.0%7.2%14.1%9.8%0.0%0.0%-1.7%-1.3K23.3K-960.00161.09N/AN/A00020
2010-02-04$20.40$0.0039.0%11.2%17.1%17.3%0.0%0.0%-18.8%-1.1K24.7K-920.00166.67N/AN/A00020
2010-02-05$20.48$0.0046.2%8.9%17.3%21.1%0.0%0.0%-7.6%-1.0K24.4K-970.00168.13N/AN/A00020
2010-02-08$20.29$0.0040.1%6.7%17.4%17.9%0.0%0.0%-4.1%-1.1K25.1K-910.00160.16N/AN/A00020
2010-02-09$20.57$0.0051.9%8.4%18.3%24.1%0.0%0.0%-5.7%-1.1K24.2K-960.00168.35N/AN/A00020
2010-02-10$20.52$0.0051.7%8.2%18.3%24.1%0.0%0.0%-5.4%-1.0K24.5K-960.00168.87N/AN/A00020
2010-02-11$20.71$0.0025.0%7.2%18.8%9.8%0.0%0.0%-5.3%-1.2K24.3K-950.00164.62N/AN/A00020
2010-02-12$20.66$0.0034.5%9.9%18.7%14.8%0.0%0.0%-8.4%-97823.3K-980.00176.04N/AN/A00020
2010-02-16$21.03$0.0029.2%8.4%19.7%12.0%0.0%0.0%-8.4%-1.2K22.8K-960.00166.19N/AN/A00020
2010-02-17$21.11$0.0025.0%7.2%19.4%9.8%0.0%0.0%-4.9%-1.4K22.9K-920.00162.44N/AN/A00020
2010-02-18$21.29$0.0029.2%8.4%19.7%12.0%0.0%0.0%2.3%-1.3K21.6K-980.00172.53N/AN/A00020
2010-02-19$21.30$0.0028.1%8.1%19.3%11.4%0.0%0.0%1.4%-1.3K21.6K-970.00168.62N/AN/A00020
2010-02-22$21.29$0.0022.3%6.4%16.9%8.3%0.0%0.0%-2.4%-1.5K22.1K-890.00155.89N/AN/A00020
2010-02-23$21.17$0.0027.5%7.9%16.8%11.1%0.0%0.0%-6.8%-1.4K22.6K-880.00163.99N/AN/A00020
2010-02-24$21.29$0.0023.8%6.8%16.8%9.1%0.0%0.0%-2.0%-1.3K21.8K-910.00163.99N/AN/A00020
2010-02-25$21.34$0.0025.1%7.2%16.8%9.8%0.0%0.0%-1.4%-1.4K21.7K-910.00163.92N/AN/A00020
2010-02-26$21.36$0.0025.1%7.2%16.3%9.8%0.0%0.0%-1.6%-1.4K21.6K-880.00164.38N/AN/A00020