PBP Options History — April 2023

In April 2023, PBP traded between $21.10 and $21.46. ATM implied volatility averaged 29.7%, placing in the 5.7% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 21.7% (HV 20d: 8.0%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 0 of 19 days.

Notable Days

  • 2023-04-14: Largest IV drop — 50.7% change
  • 2023-04-10: Highest IV Rank — 17.6%
  • 2023-04-12: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.30$21.10$21.46$21.24$21.46
ATM IV29.7%19.7%51.9%35.9%22.7%
Expected Move7.4%5.2%13.3%10.3%6.5%
HV 20d8.0%4.1%13.8%13.8%6.1%
HV 60d9.3%9.1%9.6%9.5%9.6%
IV Rank5.7%0.4%17.6%9.1%1.9%
IV Percentile24.4%0.4%80.6%36.1%4.8%
Term Structure-8.0%-15.9%-2.8%-10.8%-9.3%
Skew 25d4.0%-3.4%12.0%12.0%4.8%
Skew 10d10.5%5.2%30.4%22.9%13.3%
Call IV 25d24.7%17.0%76.9%23.4%20.8%
Put IV 25d28.7%18.9%84.9%35.5%25.6%
Bid-Ask Spread %136.75132.16156.96133.82133.55
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$21.24$0.0035.9%10.3%13.8%9.1%0.0%12.0%-10.8%0000.00133.82N/AN/A0000
2023-04-04$21.23$0.0036.3%10.4%13.3%9.3%0.0%7.0%-11.7%0000.00134.38N/AN/A0000
2023-04-05$21.23$0.0038.1%10.9%13.3%10.2%0.0%6.1%-13.4%0000.00134.00N/AN/A0000
2023-04-06$21.31$0.0038.5%5.2%12.3%10.4%0.0%3.8%-2.8%0000.00134.38N/AN/A0000
2023-04-10$21.29$0.0051.9%6.3%10.6%17.6%0.0%3.2%-5.5%0000.00140.11N/AN/A0000
2023-04-11$21.30$0.0045.4%5.6%10.6%14.1%0.0%4.6%-4.4%0000.00133.64N/AN/A0000
2023-04-12$21.32$0.0046.3%13.3%10.5%14.6%0.0%8.1%-15.9%0000.00156.84N/AN/A0000
2023-04-13$21.36$0.0040.0%11.5%10.4%11.2%0.0%4.3%-13.1%0000.00156.96N/AN/A0000
2023-04-14$21.35$0.0019.7%5.7%7.2%0.4%0.0%1.9%-3.9%0000.00134.00N/AN/A0000
2023-04-17$21.31$0.0020.7%5.9%5.3%0.9%0.0%2.2%-5.5%0000.00133.81N/AN/A0000
2023-04-18$21.33$0.0021.0%6.0%5.3%1.1%0.0%1.7%-5.7%0000.00133.00N/AN/A0000
2023-04-19$21.34$0.0020.8%6.0%4.9%1.0%0.0%1.8%-5.6%0000.00134.31N/AN/A0000
2023-04-20$21.32$0.0021.2%6.1%4.9%1.2%0.0%1.9%-6.0%0000.00133.78N/AN/A0000
2023-04-21$21.32$0.0020.0%5.7%4.1%0.5%0.0%2.0%-6.3%0000.00133.49N/AN/A0000
2023-04-24$21.34$0.0020.5%5.9%4.1%0.8%0.0%0.6%-7.6%0000.00133.71N/AN/A0000
2023-04-25$21.16$0.0022.5%6.4%4.5%1.8%0.0%5.0%-8.7%0000.00138.97N/AN/A0000
2023-04-26$21.10$0.0021.3%6.1%4.5%1.2%0.0%-3.4%-8.2%0000.00132.16N/AN/A0000
2023-04-27$21.36$0.0021.2%6.1%5.9%1.2%0.0%7.7%-8.4%0000.00133.37N/AN/A0000
2023-04-28$21.46$0.0022.7%6.5%6.1%1.9%0.0%4.8%-9.3%0000.00133.55N/AN/A0000