PBP Options History — August 2021

In August 2021, PBP traded between $22.69 and $23.35. ATM implied volatility averaged 29.1%, placing in the 7.1% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 7.6% (HV 20d: 21.5%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 2 of 22 days.

Notable Days

  • 2021-08-09: Largest IV spike — 59.1% change
  • 2021-08-09: Highest IV Rank — 21.1%
  • 2021-08-04: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.00$22.69$23.35$22.69$23.35
ATM IV29.1%20.6%54.3%31.4%33.0%
Expected Move7.6%5.9%9.7%9.0%9.5%
HV 20d21.5%3.8%25.5%25.3%3.8%
HV 60d17.4%17.1%17.6%17.6%17.1%
IV Rank7.1%2.7%21.1%8.6%8.0%
IV Percentile10.2%3.6%16.9%12.9%15.7%
Term Structure-6.6%-10.4%7.8%-8.5%-10.4%
Skew 25d4.7%-16.6%25.8%13.1%11.1%
Skew 10d12.4%-3.0%37.7%19.8%10.0%
Call IV 25d23.6%16.9%31.3%19.2%30.3%
Put IV 25d28.3%11.7%44.0%32.2%41.5%
Bid-Ask Spread %149.04135.30161.32141.19152.21
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$22.69$0.0031.4%9.0%25.3%8.6%0.0%13.1%-8.5%0000.00141.19N/AN/A0000
2021-08-03$22.72$0.0032.3%9.3%25.4%9.1%0.0%13.1%-9.0%0000.00142.55N/AN/A0000
2021-08-04$22.76$0.0033.9%9.7%25.4%10.0%0.0%25.8%-10.0%0000.00143.06N/AN/A0000
2021-08-05$22.78$0.0034.3%6.7%25.3%10.2%0.0%6.2%-5.6%0000.00154.21N/AN/A0000
2021-08-06$22.88$0.0034.1%6.7%25.3%10.1%0.0%6.8%-5.8%0000.00154.03N/AN/A0000
2021-08-09$22.88$0.0054.3%9.2%25.4%21.1%0.0%-12.5%-9.3%0000.00161.32N/AN/A0000
2021-08-10$22.90$0.0039.5%6.8%25.4%13.1%0.0%6.9%-3.1%0000.00153.02N/AN/A0000
2021-08-11$22.90$0.0024.4%7.0%25.4%4.8%0.0%3.6%-6.0%0000.00155.43N/AN/A0000
2021-08-12$22.92$0.0024.3%7.0%25.4%4.8%0.0%5.3%-6.7%0000.00153.59N/AN/A0000
2021-08-13$22.86$0.0023.8%6.8%25.5%4.5%0.0%6.0%-6.8%0000.00153.62N/AN/A0000
2021-08-16$22.95$0.0024.4%7.0%25.4%4.8%0.0%6.8%-6.8%0000.00153.52N/AN/A0000
2021-08-17$22.93$0.0020.6%5.9%25.4%2.7%0.0%2.4%-7.7%0000.00149.98N/AN/A0000
2021-08-18$22.94$0.0020.9%6.0%25.4%2.9%0.0%2.5%-7.9%0000.00149.98N/AN/A0000
2021-08-19$22.93$0.0021.8%6.2%25.4%3.4%0.0%2.4%7.8%0000.00150.50N/AN/A0000
2021-08-20$23.05$0.0026.5%7.6%25.4%6.0%0.0%-6.3%0.5%0000.00142.30N/AN/A0000
2021-08-23$23.22$0.0022.2%6.4%25.3%3.6%0.0%5.8%-6.0%0000.00141.79N/AN/A0000
2021-08-24$23.24$0.0024.2%6.9%25.3%4.7%0.0%1.7%-8.0%0000.00160.08N/AN/A0000
2021-08-25$23.22$0.0028.5%8.2%25.3%7.1%0.0%6.0%-7.3%0000.00135.30N/AN/A0000
2021-08-26$23.20$0.0024.8%7.1%4.0%3.4%0.0%3.1%-10.4%0000.00139.69N/AN/A0000
2021-08-27$23.27$0.0029.3%8.4%3.8%5.9%0.0%11.2%-8.7%0000.00152.00N/AN/A0000
2021-08-30$23.30$0.0031.0%8.9%3.8%6.8%0.0%-16.6%-9.1%0000.00139.57N/AN/A0000
2021-08-31$23.35$0.0033.0%9.5%3.8%8.0%0.0%11.1%-10.4%0000.00152.21N/AN/A0000