PBP Options History — October 2022

In October 2022, PBP traded between $18.94 and $20.08. ATM implied volatility averaged 49.1%, placing in the 19.7% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 4.3% (HV 20d: 44.8%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.06.

Notable Days

2022-10-10: Highest Volume — 14 contracts
2022-10-19: Largest IV spike — 188.2% change
2022-10-19: Highest IV Rank — 52.1%
2022-10-19: Largest Expected Move — 32.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.58	$18.94	$20.08	$19.36	$20.08
Max Pain	$18.00	$18.00	$18.00	$18.00	$18.00
ATM IV	49.1%	33.6%	112.3%	48.4%	47.1%
Expected Move	13.0%	9.0%	32.2%	13.9%	13.5%
HV 20d	44.8%	17.9%	83.9%	83.5%	17.9%
HV 60d	94.4%	94.0%	94.5%	94.0%	94.5%
IV Rank	19.7%	11.7%	52.1%	19.4%	18.7%
IV Percentile	73.3%	37.7%	98.4%	82.5%	81.0%
Term Structure	-11.1%	-33.1%	-5.1%	-13.5%	-14.8%
VWIV	47.0%	31.0%	138.1%	31.7%	43.6%
Skew 25d	4.4%	-13.3%	17.3%	5.4%	2.6%
Skew 10d	20.5%	8.3%	87.6%	36.4%	8.6%
Call IV 25d	41.8%	23.2%	148.7%	54.7%	33.8%
Put IV 25d	46.2%	29.0%	166.0%	60.1%	36.4%
Bid-Ask Spread %	138.90	132.24	155.41	138.13	138.82
Gamma HHI	0.84	0.73	0.95	0.75	0.95
Net GEX	781	347	1.1K	754	1.1K
Net DEX	-8.0K	-11.3K	-5.8K	-7.1K	-8.9K
Net VEX	-31	-41	-26	-30	-26
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.06	0.00	0.08	0.00	0.08
Total Volume	13.762	13	14	13	14
Total OI	13.714	13	14	13	14

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-10-03	$19.36	$0.00	48.4%	13.9%	83.5%	19.4%	0.0%	5.4%	-13.5%	754	-7.1K	-30	0.00	138.13	N/A	N/A	13	0	13	0
2022-10-04	$19.75	$0.00	38.6%	11.1%	83.9%	14.3%	0.0%	3.5%	-10.7%	909	-8.4K	-33	0.00	133.12	N/A	N/A	13	0	13	0
2022-10-05	$19.80	$0.00	39.8%	11.4%	83.6%	14.9%	0.0%	3.4%	-12.2%	955	-8.4K	-31	0.00	132.24	N/A	N/A	13	0	13	0
2022-10-06	$19.65	$0.00	50.6%	9.8%	83.6%	20.5%	0.0%	5.8%	-5.1%	883	-7.8K	-31	0.00	138.95	N/A	N/A	13	0	13	0
2022-10-07	$19.25	$0.00	46.7%	9.0%	83.5%	18.5%	0.0%	3.7%	-7.6%	690	-7.1K	-31	0.00	135.06	N/A	N/A	13	0	13	0
2022-10-10	$19.16	$0.00	60.5%	10.8%	83.3%	25.6%	31.7%	4.9%	-6.3%	630	-7.4K	-31	0.08	138.71	N/A	N/A	13	1	13	0
2022-10-11	$18.94	$18.00	63.9%	10.6%	82.0%	27.3%	31.5%	3.1%	-5.6%	534	-6.2K	-33	0.08	136.38	N/A	N/A	13	1	13	1
2022-10-12	$18.98	$18.00	39.0%	11.2%	57.4%	14.5%	42.3%	4.3%	-6.8%	527	-6.7K	-33	0.08	138.75	N/A	N/A	13	1	13	1
2022-10-13	$19.35	$18.00	37.9%	10.9%	57.4%	14.0%	31.0%	4.1%	-6.5%	638	-7.4K	-34	0.08	137.21	N/A	N/A	13	1	13	1
2022-10-14	$19.14	$18.00	39.8%	11.4%	19.5%	15.0%	43.6%	2.8%	-7.2%	634	-5.8K	-27	0.08	138.53	N/A	N/A	13	1	13	1
2022-10-17	$19.50	$18.00	34.3%	9.8%	20.7%	12.1%	31.5%	4.8%	-10.8%	712	-7.5K	-32	0.08	135.59	N/A	N/A	13	1	13	1
2022-10-18	$19.71	$18.00	39.0%	11.2%	21.0%	14.5%	33.5%	7.3%	-7.7%	852	-7.8K	-29	0.08	137.62	N/A	N/A	13	1	13	1
2022-10-19	$19.57	$18.00	112.3%	32.2%	21.0%	52.1%	138.1%	17.3%	-33.1%	347	-11.3K	-41	0.08	154.31	N/A	N/A	13	1	13	1
2022-10-20	$19.40	$18.00	42.7%	12.2%	21.2%	16.4%	32.2%	2.8%	-9.5%	723	-6.5K	-28	0.08	139.52	N/A	N/A	13	1	13	1
2022-10-21	$19.69	$18.00	33.6%	9.6%	21.0%	11.7%	35.0%	8.3%	-5.1%	786	-8.2K	-31	0.08	134.69	N/A	N/A	13	1	13	1
2022-10-24	$19.91	$18.00	41.4%	11.9%	21.2%	15.8%	37.3%	9.1%	-8.9%	862	-9.1K	-31	0.08	139.14	N/A	N/A	13	1	13	1
2022-10-25	$19.96	$18.00	42.9%	12.3%	21.1%	16.5%	32.3%	4.6%	-10.9%	770	-9.9K	-35	0.08	138.02	N/A	N/A	13	1	13	1
2022-10-26	$19.96	$18.00	85.0%	24.4%	20.4%	38.1%	86.2%	-13.3%	-26.6%	970	-8.7K	-30	0.08	155.41	N/A	N/A	13	1	13	1
2022-10-27	$19.99	$18.00	44.1%	12.6%	19.0%	17.1%	40.4%	3.8%	-12.9%	1.0K	-8.6K	-28	0.08	139.54	N/A	N/A	13	1	13	1
2022-10-28	$20.07	$18.00	43.7%	12.5%	18.9%	16.9%	61.9%	5.1%	-11.9%	1.1K	-8.9K	-27	0.08	137.19	N/A	N/A	13	1	13	1
2022-10-31	$20.08	$18.00	47.1%	13.5%	17.9%	18.7%	43.6%	2.6%	-14.8%	1.1K	-8.9K	-26	0.08	138.82	N/A	N/A	13	1	13	1