PBP Options History — April 2010

In April 2010, PBP traded between $21.55 and $21.83. ATM implied volatility averaged 39.0%, placing in the 17.3% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 33.9% (HV 20d: 5.1%). Net GEX was positive for 0 of 17 trading days. Term structure was in contango for 0 of 17 days.

Notable Days

  • 2010-04-21: Highest Volume — 2 contracts
  • 2010-04-29: Largest IV spike — 397.2% change
  • 2010-04-29: Highest IV Rank — 56.2%
  • 2010-04-29: Largest Expected Move — 32.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.74$21.55$21.83$21.68$21.71
ATM IV39.0%15.8%111.8%38.2%111.8%
Expected Move8.3%4.5%32.1%10.9%32.1%
HV 20d5.1%4.1%6.4%4.1%6.2%
HV 60d11.6%10.3%12.1%12.1%10.3%
IV Rank17.3%4.9%56.2%16.8%56.2%
IV Percentile43.1%7.3%88.2%51.2%88.2%
Term Structure-6.8%-39.8%-2.1%-7.4%-39.8%
Bid-Ask Spread %173.73158.61200.00173.99191.04
Gamma HHI0.850.790.980.790.98
Net GEX-838-1.3K0-919-392
Net DEX2.9K06.7K3.7K6.7K
Net VEX-117-1460-142-146
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.1180200
Total OI27.7060333133

Daily Data (17 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-04-01$21.68$0.0038.2%10.9%4.1%16.8%0.0%0.0%-7.4%-9193.7K-1420.00173.99N/AN/A001021
2010-04-05$21.78$0.0039.5%6.4%4.2%17.5%0.0%0.0%-2.2%-9772.8K-1350.00168.15N/AN/A001021
2010-04-06$21.79$0.0043.8%6.7%4.2%19.8%0.0%0.0%-2.1%-9372.8K-1360.00171.10N/AN/A001021
2010-04-07$21.75$0.0036.2%5.9%4.2%15.8%0.0%0.0%-2.8%-9622.6K-1340.00168.56N/AN/A001021
2010-04-08$21.80$0.0042.0%6.2%4.3%18.9%0.0%0.0%-2.3%-9332.2K-1320.00170.87N/AN/A001021
2010-04-09$21.79$0.0035.6%5.1%4.3%15.4%0.0%0.0%-2.1%-1.1K2.2K-1310.00158.61N/AN/A001021
2010-04-13$21.78$0.0055.9%5.9%4.3%26.3%0.0%0.0%-2.5%-9762.2K-1280.00167.95N/AN/A001021
2010-04-14$21.79$0.0067.8%6.6%4.3%32.7%0.0%0.0%-6.2%-9442.0K-1280.00169.37N/AN/A001021
2010-04-15$21.83$0.0021.7%6.2%4.3%8.0%0.0%0.0%-3.0%-9561.9K-1290.00169.60N/AN/A001021
2010-04-16$21.55$0.0022.1%6.3%6.3%8.2%0.0%0.0%0.0%0000.00200.00N/AN/A0000
2010-04-19$21.61$0.0040.1%11.5%6.4%17.8%0.0%0.0%-14.9%-7304.2K-1340.00174.17N/AN/A001021
2010-04-20$21.71$0.0022.7%6.5%5.7%8.5%0.0%0.0%-2.8%-1.0K2.9K-1270.00167.52N/AN/A001021
2010-04-21$21.73$0.0022.6%6.5%5.7%8.5%0.0%0.0%-2.7%-1.0K2.8K-1240.00166.77N/AN/A021021
2010-04-22$21.72$0.0024.9%7.2%5.7%9.8%0.0%0.0%-7.4%-1.2K5.6K-1340.00171.03N/AN/A001023
2010-04-23$21.83$0.0015.8%4.5%5.9%4.9%0.0%0.0%0.0%0000.00200.00N/AN/A0000
2010-04-26$21.77$0.0022.5%6.4%6.0%8.4%0.0%0.0%-3.3%-1.3K5.0K-1300.00164.63N/AN/A001023
2010-04-29$21.71$0.00111.8%32.1%6.2%56.2%0.0%0.0%-39.8%-3926.7K-1460.00191.04N/AN/A001023