PBP Options History — March 2011

In March 2011, PBP traded between $20.28 and $21.33. ATM implied volatility averaged 108.6%, placing in the 50.8% IV rank vs the trailing year. The 30-day expected move averaged 31.1%. IV traded above realized volatility by 95.9% (HV 20d: 12.8%). Max pain ranged from $20.64 to $20.64. Net GEX was positive for 23 of 23 trading days.

Notable Days

  • 2011-03-28: Largest IV spike — 7.6% change
  • 2011-03-31: Highest IV Rank — 70.8%
  • 2011-03-31: Largest Expected Move — 41.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.94$20.28$21.33$21.01$21.13
Max Pain$20.64$20.64$20.64$20.64$20.64
ATM IV108.6%84.3%145.3%84.3%145.3%
Expected Move31.1%24.2%41.6%24.2%41.6%
HV 20d12.8%8.1%15.8%8.7%13.1%
HV 60d13.3%9.9%15.5%13.5%9.9%
IV Rank50.8%37.5%70.8%37.5%70.8%
IV Percentile74.7%60.7%90.5%60.7%90.5%
Bid-Ask Spread %200.00200.00200.00200.00200.00
Gamma HHI1.001.001.001.001.00
Net GEX5452555554
Net DEX-2.4K-2.5K-2.2K-2.4K-2.5K
Net VEX-5-6-3-6-3
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI22222

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-03-01$21.01$20.6484.3%24.2%8.7%37.5%0.0%0.0%0.0%55-2.4K-60.00200.00N/AN/A0020
2011-03-02$21.01$20.6485.2%24.4%8.1%38.0%0.0%0.0%0.0%55-2.4K-60.00200.00N/AN/A0020
2011-03-03$21.33$20.6487.2%25.0%9.8%39.1%0.0%0.0%0.0%55-2.5K-60.00200.00N/AN/A0020
2011-03-04$21.19$20.6488.6%25.4%10.0%39.8%0.0%0.0%0.0%54-2.5K-60.00200.00N/AN/A0020
2011-03-07$21.12$20.6490.2%25.9%10.0%40.7%0.0%0.0%0.0%55-2.5K-50.00200.00N/AN/A0020
2011-03-08$21.28$20.6492.8%26.6%10.4%42.2%0.0%0.0%0.0%55-2.5K-50.00200.00N/AN/A0020
2011-03-09$21.23$20.6494.2%27.0%10.4%42.9%0.0%0.0%0.0%55-2.5K-50.00200.00N/AN/A0020
2011-03-10$20.87$20.6494.5%27.1%12.0%43.0%0.0%0.0%0.0%55-2.4K-50.00200.00N/AN/A0020
2011-03-11$21.04$20.6495.3%27.3%12.4%43.5%0.0%0.0%0.0%55-2.4K-50.00200.00N/AN/A0020
2011-03-14$20.91$20.64102.0%29.3%12.6%47.2%0.0%0.0%0.0%54-2.4K-50.00200.00N/AN/A0020
2011-03-15$20.67$20.64104.3%29.9%13.1%48.4%0.0%0.0%0.0%53-2.3K-50.00200.00N/AN/A0020
2011-03-16$20.28$20.64106.9%30.6%14.4%49.8%0.0%0.0%0.0%52-2.2K-50.00200.00N/AN/A0020
2011-03-17$20.53$20.64107.8%30.9%15.4%50.3%0.0%0.0%0.0%53-2.3K-50.00200.00N/AN/A0020
2011-03-18$20.58$20.64109.6%31.4%15.4%51.3%0.0%0.0%0.0%53-2.3K-50.00200.00N/AN/A0020
2011-03-21$20.76$20.64115.2%33.0%15.8%54.3%0.0%0.0%0.0%53-2.4K-40.00200.00N/AN/A0020
2011-03-22$20.81$20.64117.3%33.6%14.9%55.5%0.0%0.0%0.0%53-2.4K-40.00200.00N/AN/A0020
2011-03-23$20.87$20.64119.5%34.3%14.9%56.7%0.0%0.0%0.0%54-2.4K-40.00200.00N/AN/A0020
2011-03-24$20.94$20.64121.8%34.9%15.0%58.0%0.0%0.0%0.0%54-2.4K-40.00200.00N/AN/A0020
2011-03-25$20.97$20.64124.4%35.7%14.7%59.4%0.0%0.0%0.0%54-2.4K-40.00200.00N/AN/A0020
2011-03-28$20.97$20.64133.9%38.4%14.6%64.6%0.0%0.0%0.0%54-2.4K-40.00200.00N/AN/A0020
2011-03-29$21.01$20.64137.4%39.4%14.1%66.5%0.0%0.0%0.0%54-2.5K-40.00200.00N/AN/A0020
2011-03-30$21.11$20.64141.0%40.4%14.2%68.4%0.0%0.0%0.0%54-2.5K-40.00200.00N/AN/A0020
2011-03-31$21.13$20.64145.3%41.6%13.1%70.8%0.0%0.0%0.0%54-2.5K-30.00200.00N/AN/A0020