PBP Options History — August 2022

In August 2022, PBP traded between $17.23 and $21.47. ATM implied volatility averaged 50.8%, placing in the 20.6% IV rank vs the trailing year. The 30-day expected move averaged 13.8%. IV traded below realized volatility by 7.1% (HV 20d: 57.9%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2022-08-31: Highest Volume — 13 contracts
  • 2022-08-17: Largest IV spike — 420.9% change
  • 2022-08-17: Highest IV Rank — 86.0%
  • 2022-08-17: Largest Expected Move — 51.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.89$17.23$21.47$21.40$20.46
ATM IV50.8%30.9%178.4%43.8%47.8%
Expected Move13.8%8.9%51.1%12.5%13.7%
HV 20d57.9%4.6%142.9%5.6%142.9%
HV 60d40.7%14.9%82.0%20.0%82.0%
IV Rank20.6%10.4%86.0%17.0%19.1%
IV Percentile70.8%39.3%99.6%82.5%86.1%
Term Structure-14.8%-108.7%38.4%-13.3%-15.6%
Skew 25d0.9%-28.9%10.6%3.6%5.1%
Skew 10d6.0%-24.4%28.6%0.6%10.2%
Call IV 25d42.4%23.3%211.4%32.8%36.1%
Put IV 25d43.3%25.9%191.4%36.3%41.1%
Bid-Ask Spread %138.77132.48156.72140.69136.11
Gamma HHI0.660.501.000.510.80
Net GEX361241.0K85787
Net DEX-7.5K-15.1K-2.8K-4.2K-12.8K
Net VEX-21-51-2-7-51
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.727013313
Total OI6.636313313

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$21.40$0.0043.8%12.5%5.6%17.0%0.0%3.6%-13.3%85-4.2K-70.00140.69N/AN/A3030
2022-08-02$21.39$0.0045.0%12.9%5.4%17.6%0.0%3.7%-13.4%85-4.2K-70.00140.63N/AN/A3030
2022-08-03$21.43$0.0045.6%13.1%5.4%17.9%0.0%5.0%-14.2%85-4.3K-70.00140.53N/AN/A3030
2022-08-04$21.45$0.0047.1%9.0%5.2%18.7%0.0%3.4%-11.3%82-4.3K-70.00138.13N/AN/A3030
2022-08-08$21.42$0.0053.3%9.3%5.2%21.9%0.0%1.7%-8.8%84-4.3K-70.00139.18N/AN/A3030
2022-08-09$21.43$0.0056.8%9.7%5.1%23.7%0.0%1.2%-9.9%85-4.3K-70.00139.59N/AN/A0030
2022-08-10$21.45$0.0032.8%9.4%5.1%11.3%0.0%2.3%-9.3%83-4.3K-60.00139.35N/AN/A0030
2022-08-11$21.45$0.0033.2%9.5%5.1%11.6%0.0%1.9%-10.1%84-4.3K-60.00139.22N/AN/A0030
2022-08-12$21.47$0.0033.7%9.7%4.9%11.8%0.0%2.3%-10.9%82-4.3K-60.00138.98N/AN/A0030
2022-08-15$21.45$0.0035.3%10.1%4.8%12.6%0.0%1.1%-11.0%86-4.3K-70.00138.59N/AN/A0030
2022-08-16$21.46$0.0034.2%9.8%4.6%12.1%0.0%5.6%-6.8%88-4.2K-80.00138.66N/AN/A0030
2022-08-17$17.36$0.00178.4%51.1%75.7%86.0%0.0%-20.0%-108.7%31-2.8K-120.00156.72N/AN/A0030
2022-08-18$21.42$0.0037.1%10.6%108.8%13.5%0.0%2.8%31.5%88-4.1K-100.00138.65N/AN/A0030
2022-08-19$21.29$0.0030.9%8.9%108.8%10.4%0.0%2.6%38.4%24-4.4K-20.00133.15N/AN/A10030
2022-08-22$21.02$0.0037.1%10.6%108.9%13.6%0.0%1.1%-9.7%992-13.9K-450.00136.78N/AN/A00130
2022-08-23$21.05$0.0037.8%10.8%108.9%13.9%0.0%1.8%0.8%1.0K-14.0K-450.00138.33N/AN/A00130
2022-08-24$21.11$0.0032.6%9.3%108.9%11.2%0.0%9.0%-9.0%1.0K-14.5K-460.00132.48N/AN/A00130
2022-08-25$21.26$0.0039.2%11.2%108.9%14.6%0.0%2.0%-10.8%1.0K-15.1K-450.00137.74N/AN/A00130
2022-08-26$20.83$0.0040.0%11.5%109.1%15.0%0.0%2.5%-12.2%947-13.1K-470.00135.81N/AN/A00130
2022-08-29$20.76$0.0043.9%12.6%109.1%17.0%0.0%10.6%-14.0%887-12.9K-440.00137.29N/AN/A00130
2022-08-30$17.23$0.00131.8%37.8%127.3%62.1%0.0%-28.9%-97.8%176-10.2K-480.00136.29N/AN/A00130
2022-08-31$20.46$0.0047.8%13.7%142.9%19.1%0.0%5.1%-15.6%787-12.8K-510.00136.11N/AN/A130130