PBP Options History — September 2022

In September 2022, PBP traded between $17.03 and $21.05. ATM implied volatility averaged 55.4%, placing in the 22.9% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded below realized volatility by 73.1% (HV 20d: 128.5%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2022-09-06: Highest Volume — 13 contracts
  • 2022-09-21: Largest IV spike — 209.7% change
  • 2022-09-21: Highest IV Rank — 52.0%
  • 2022-09-21: Largest Expected Move — 32.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.61$17.03$21.05$20.25$19.01
ATM IV55.4%32.5%112.1%49.8%46.1%
Expected Move13.3%7.8%32.1%14.3%13.2%
HV 20d128.5%83.2%154.5%142.9%83.2%
HV 60d88.8%81.9%94.0%82.0%94.0%
IV Rank22.9%11.2%52.0%20.1%18.2%
IV Percentile80.2%35.7%98.4%87.3%79.0%
Term Structure-14.9%-54.2%-6.0%-18.7%-12.4%
Skew 25d2.7%-13.5%12.4%3.5%4.4%
Skew 10d14.6%-2.8%81.7%10.6%10.3%
Call IV 25d42.0%21.5%156.2%35.4%32.9%
Put IV 25d44.7%25.4%168.6%38.9%37.4%
Bid-Ask Spread %138.98133.69157.85137.44138.24
Gamma HHI0.770.620.850.790.69
Net GEX7861921.0K765642
Net DEX-9.5K-14.0K-6.1K-11.9K-6.1K
Net VEX-39-49-28-49-28
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume5.571013013
Total OI1313131313

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$20.25$0.0049.8%14.3%142.9%20.1%0.0%3.5%-18.7%765-11.9K-490.00137.44N/AN/A00130
2022-09-02$20.10$0.0047.9%13.7%142.9%19.1%0.0%-8.6%-20.8%924-10.5K-460.00133.98N/AN/A00130
2022-09-06$20.13$0.0057.5%9.5%142.9%24.0%0.0%4.2%-7.3%936-10.6K-450.00139.25N/AN/A130130
2022-09-07$20.50$0.0052.6%7.8%143.1%21.5%0.0%3.9%-7.5%971-12.6K-470.00134.43N/AN/A130130
2022-09-08$20.52$0.0064.8%9.1%143.1%27.8%0.0%5.3%-11.6%994-11.2K-420.00138.32N/AN/A00130
2022-09-09$20.90$0.0061.5%9.0%143.3%26.1%0.0%4.1%-11.7%1.0K-13.4K-440.00139.98N/AN/A00130
2022-09-12$21.05$0.0083.9%9.3%143.3%37.6%0.0%3.8%-10.9%1.0K-14.0K-450.00140.41N/AN/A00130
2022-09-13$20.11$0.0058.1%10.0%144.2%24.4%0.0%1.6%-10.1%994-10.2K-410.00138.16N/AN/A130130
2022-09-14$17.14$0.0084.7%24.3%154.5%38.0%0.0%-13.5%-54.2%194-9.4K-430.00139.69N/AN/A00130
2022-09-15$17.03$0.0082.1%23.5%135.1%36.6%0.0%-9.6%-35.6%192-9.2K-430.00139.48N/AN/A00130
2022-09-16$19.81$0.0036.7%10.5%124.1%13.4%0.0%12.4%-6.6%809-9.3K-420.00139.23N/AN/A130130
2022-09-19$19.91$0.0036.6%10.5%124.1%13.3%0.0%4.8%-6.0%954-9.4K-390.00139.52N/AN/A00130
2022-09-20$19.82$0.0036.2%10.4%124.1%13.1%0.0%5.0%-7.1%961-8.7K-360.00138.57N/AN/A00130
2022-09-21$19.67$0.00112.1%32.1%124.1%52.0%0.0%12.4%-32.7%872-8.4K-330.00157.85N/AN/A00130
2022-09-22$19.63$0.0032.5%9.3%124.0%11.2%0.0%3.3%-7.3%868-7.9K-340.00133.69N/AN/A00130
2022-09-23$19.31$0.0041.9%12.0%124.0%16.0%0.0%2.6%-8.2%653-8.2K-370.00139.43N/AN/A00130
2022-09-26$19.24$0.0044.4%12.7%123.9%17.3%0.0%0.8%-12.1%643-7.8K-360.00138.68N/AN/A130130
2022-09-27$19.13$0.0043.6%12.5%123.9%16.9%0.0%5.1%-10.2%680-6.3K-290.00137.79N/AN/A130130
2022-09-28$19.45$0.0044.0%12.6%103.6%17.1%0.0%4.9%-9.7%793-7.3K-300.00136.85N/AN/A130130
2022-09-29$19.10$0.0046.3%13.3%83.2%18.3%0.0%5.8%-11.2%583-7.9K-360.00137.54N/AN/A130130
2022-09-30$19.01$0.0046.1%13.2%83.2%18.2%0.0%4.4%-12.4%642-6.1K-280.00138.24N/AN/A130130