PBP Options History — March 2010

In March 2010, PBP traded between $21.45 and $21.77. ATM implied volatility averaged 33.1%, placing in the 14.1% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 25.4% (HV 20d: 7.7%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 0.00.

Notable Days

  • 2010-03-08: Highest Volume — 13 contracts
  • 2010-03-24: Largest IV spike — 205.4% change
  • 2010-03-24: Highest IV Rank — 55.1%
  • 2010-03-24: Largest Expected Move — 31.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.64$21.45$21.77$21.45$21.64
ATM IV33.1%17.7%109.8%26.0%34.9%
Expected Move9.0%5.1%31.5%7.5%10.0%
HV 20d7.7%4.0%15.9%15.9%4.3%
HV 60d12.3%12.1%12.7%12.7%12.1%
IV Rank14.1%5.9%55.1%10.3%15.1%
IV Percentile36.1%10.8%83.2%27.6%49.8%
Term Structure-7.6%-43.7%-1.5%-1.5%-7.1%
Bid-Ask Spread %171.04153.70200.00169.12170.44
Gamma HHI0.690.500.980.500.75
Net GEX-773-1.5K0-1.3K-995
Net DEX6.7K020.9K20.9K4.1K
Net VEX-128-1590-92-140
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.60901300
Total OI28.2170342031

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-03-01$21.45$0.0026.0%7.5%15.9%10.3%0.0%0.0%-1.5%-1.3K20.9K-920.00169.12N/AN/A00020
2010-03-02$21.53$0.0017.7%5.1%15.4%5.9%0.0%0.0%-3.3%-1.5K20.7K-900.00164.84N/AN/A00020
2010-03-03$21.50$0.0025.5%7.3%15.2%10.1%0.0%0.0%-3.8%-1.4K20.8K-900.00165.70N/AN/A00020
2010-03-04$21.59$0.0022.4%6.4%15.1%8.4%0.0%0.0%0.0%0000.00200.00N/AN/A0000
2010-03-05$21.67$0.0032.1%6.5%9.9%13.6%0.0%0.0%-4.5%-1.3K19.8K-920.00166.25N/AN/A00020
2010-03-08$21.71$0.0052.0%13.1%9.9%24.2%0.0%0.0%-15.6%-80019.1K-980.00185.74N/AN/A130020
2010-03-09$21.72$0.0032.6%6.4%8.9%13.9%0.0%0.0%-5.1%-4842.4K-1520.00166.51N/AN/A001320
2010-03-10$21.73$0.0039.6%6.7%8.0%17.6%0.0%0.0%-5.3%-5311.8K-1490.00162.93N/AN/A001320
2010-03-11$21.75$0.0021.0%6.0%7.8%7.6%0.0%0.0%-3.5%-4622.2K-1480.00163.68N/AN/A001320
2010-03-12$21.74$0.0025.0%7.2%7.6%9.8%0.0%0.0%-3.8%-4652.0K-1520.00168.77N/AN/A001320
2010-03-15$21.76$0.0021.3%6.1%7.4%7.8%0.0%0.0%-6.0%-5061.7K-1400.00153.70N/AN/A011320
2010-03-16$21.75$0.0021.1%6.0%4.8%7.7%0.0%0.0%-5.3%-5513.5K-1510.00163.23N/AN/A001321
2010-03-17$21.77$0.0022.6%6.5%4.7%8.5%0.0%0.0%-6.9%-6501.0K-1440.00161.55N/AN/A001321
2010-03-18$21.76$0.0021.9%6.3%4.0%8.2%0.0%0.0%-6.2%-6211.1K-1430.00163.37N/AN/A001321
2010-03-19$21.56$0.0024.5%7.0%5.4%9.5%0.0%0.0%-5.6%-6892.8K-1450.00166.02N/AN/A001321
2010-03-22$21.56$0.0023.7%6.8%5.4%9.1%0.0%0.0%-5.3%-9004.5K-1470.00170.71N/AN/A001021
2010-03-23$21.59$0.0035.9%10.3%4.9%15.6%0.0%0.0%-4.6%-8654.4K-1470.00181.44N/AN/A001021
2010-03-24$21.56$0.00109.8%31.5%4.6%55.1%0.0%0.0%-43.7%-3255.0K-1590.00187.16N/AN/A001021
2010-03-25$21.56$0.0030.5%8.7%4.6%12.7%0.0%0.0%-4.6%-8824.2K-1430.00170.20N/AN/A001021
2010-03-26$21.56$0.0046.7%13.4%4.6%21.4%0.0%0.0%-7.7%-7474.8K-1470.00184.49N/AN/A001021
2010-03-29$21.63$0.0042.7%12.2%4.5%19.2%0.0%0.0%-10.8%-8384.1K-1440.00180.72N/AN/A001021
2010-03-30$21.66$0.0031.4%9.0%4.3%13.2%0.0%0.0%-6.4%-9333.5K-1380.00167.25N/AN/A001021
2010-03-31$21.64$0.0034.9%10.0%4.3%15.1%0.0%0.0%-7.1%-9954.1K-1400.00170.44N/AN/A001021