PBP Options History — June 2010

In June 2010, PBP traded between $19.30 and $20.63. ATM implied volatility averaged 80.3%, placing in the 39.3% IV rank vs the trailing year. The 30-day expected move averaged 20.1%. IV traded above realized volatility by 61.1% (HV 20d: 19.1%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 2 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2010-06-23: Highest Volume — 10 contracts
  • 2010-06-02: Largest IV spike — 600.0% change
  • 2010-06-08: Highest IV Rank — 92.2%
  • 2010-06-02: Largest Expected Move — 41.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.23$19.30$20.63$19.99$19.30
Max Pain$21.88$20.00$22.50$20.00$22.50
ATM IV80.3%20.5%179.2%20.5%87.5%
Expected Move20.1%5.9%41.1%5.9%25.1%
HV 20d19.1%12.9%27.0%26.4%19.2%
HV 60d17.1%15.9%19.3%15.9%19.3%
IV Rank39.3%7.4%92.2%7.4%43.2%
IV Percentile67.1%15.0%98.8%15.0%78.9%
Term Structure-57.2%-83.8%-7.5%-53.7%-74.1%
VWIV24.2%24.2%24.2%24.2%24.2%
Skew 25d-2.4%-33.5%10.0%-18.7%-33.5%
Skew 10d-2.9%-33.5%10.0%-18.7%-33.5%
Call IV 25d66.6%40.2%185.2%185.2%106.4%
Put IV 25d64.2%35.8%166.5%166.5%72.8%
Bid-Ask Spread %188.45154.97200.00200.00191.04
Gamma HHI0.750.471.001.000.47
Net GEX-374-1.3K510495-176
Net DEX7.1K-12.0K17.4K-10.7K8.2K
Net VEX-102-140-47-49-140
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.63601000
Total OI31.95510481048

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-06-01$19.99$20.0020.5%5.9%26.4%7.4%0.0%0.0%0.0%495-10.7K-490.00200.00N/AN/A00100
2010-06-02$20.27$0.00143.4%41.1%26.9%73.1%0.0%-18.7%-53.7%-29512.1K-1150.00190.32N/AN/A001023
2010-06-03$20.33$0.0047.4%13.6%27.0%21.7%0.0%-4.5%-26.7%-1.0K17.4K-1060.00173.55N/AN/A001023
2010-06-04$20.04$22.50153.7%26.0%25.9%78.6%0.0%5.6%-70.0%-28213.0K-1120.00197.39N/AN/A001023
2010-06-07$19.87$22.50172.6%27.1%25.2%88.6%0.0%4.3%-74.2%-27113.6K-1090.00196.36N/AN/A001023
2010-06-08$20.10$22.50179.2%27.3%20.4%92.2%0.0%6.0%-73.8%-28512.8K-1090.00196.75N/AN/A001023
2010-06-09$20.02$20.0021.0%6.0%20.4%7.6%0.0%0.0%0.0%510-10.7K-470.00200.00N/AN/A00100
2010-06-10$20.35$22.5097.0%27.8%21.0%48.3%0.0%7.9%-74.4%-29511.9K-1080.00194.35N/AN/A001023
2010-06-11$20.45$22.5098.1%28.1%21.1%48.8%0.0%8.6%-74.9%-30011.5K-1070.00194.35N/AN/A001023
2010-06-14$20.49$22.50102.3%29.3%19.6%51.1%0.0%9.0%-78.5%-30511.5K-1040.00166.72N/AN/A001023
2010-06-15$20.63$22.5025.0%7.2%19.7%9.8%0.0%10.0%-7.5%-1.3K16.6K-910.00159.02N/AN/A001023
2010-06-16$20.63$22.50105.1%30.1%19.1%52.6%0.0%10.0%-80.4%-31511.1K-1020.00154.97N/AN/A001023
2010-06-17$20.58$22.5037.4%10.7%19.0%16.4%0.0%9.7%-30.4%-1.1K15.7K-950.00171.38N/AN/A001023
2010-06-18$20.60$22.50108.8%31.2%13.0%54.5%0.0%9.8%-83.8%-30510.9K-1010.00192.59N/AN/A001023
2010-06-21$20.55$22.5068.1%19.5%12.9%32.8%0.0%-12.4%-31.6%-61213.4K-960.00192.13N/AN/A101023
2010-06-22$20.35$22.5067.1%19.2%13.6%32.3%0.0%-15.3%-40.3%-58913.2K-990.00192.00N/AN/A001123
2010-06-23$20.27$22.5069.3%19.9%13.7%33.5%0.0%-16.6%-42.5%-56713.5K-980.00191.60N/AN/A1001123
2010-06-24$19.94$20.0024.2%7.0%15.0%9.4%24.2%0.0%0.0%-162-10.8K-1090.00200.00N/AN/A012010
2010-06-25$20.07$20.0026.4%7.6%14.1%10.5%0.0%0.0%0.0%-291-11.4K-1100.00200.00N/AN/A002011
2010-06-28$20.08$22.5081.9%23.5%14.0%40.2%0.0%-20.3%-55.1%-3125.5K-1390.00191.40N/AN/A202125
2010-06-29$20.11$20.0029.7%8.5%13.7%12.3%0.0%0.0%0.0%-406-12.0K-1070.00200.00N/AN/A002011
2010-06-30$19.30$22.5087.5%25.1%19.2%43.2%0.0%-33.5%-74.1%-1768.2K-1400.00191.04N/AN/A002325