PBP Options History — October 2023

In October 2023, PBP traded between $20.66 and $21.83. ATM implied volatility averaged 37.3%, placing in the 11.2% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 26.2% (HV 20d: 11.2%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 1 of 22 days.

Notable Days

  • 2023-10-09: Largest IV spike — 381.9% change
  • 2023-10-09: Highest IV Rank — 89.1%
  • 2023-10-09: Largest Expected Move — 25.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.29$20.66$21.83$21.30$20.98
ATM IV37.3%24.1%164.3%37.2%35.9%
Expected Move9.2%6.6%25.6%10.7%10.3%
HV 20d11.2%7.1%13.2%7.1%12.6%
HV 60d8.0%6.2%9.3%6.2%9.3%
IV Rank11.2%3.1%89.1%11.1%10.4%
IV Percentile46.0%9.1%99.6%63.9%66.7%
Term Structure-9.4%-67.1%3.9%-11.2%-11.0%
Skew 25d4.9%-0.2%17.6%4.1%2.4%
Skew 10d9.8%5.3%62.5%6.4%9.0%
Call IV 25d27.0%17.9%112.4%26.6%26.9%
Put IV 25d31.9%20.9%124.1%30.7%29.4%
Bid-Ask Spread %138.09131.31157.34136.18136.78
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
2023-10-02$21.30$0.0037.2%10.7%7.1%11.1%0.0%4.1%-11.2%0000.00136.18N/AN/A0000
2023-10-03$21.04$0.0035.2%10.1%7.9%9.9%0.0%14.9%-9.8%0000.00136.76N/AN/A0000
2023-10-04$21.24$0.0036.0%10.3%8.9%10.4%0.0%17.6%-10.9%0000.00135.21N/AN/A0000
2023-10-05$21.25$0.0036.4%7.1%9.0%10.6%0.0%4.2%-1.0%0000.00137.11N/AN/A0000
2023-10-06$21.52$0.0034.1%6.6%10.2%9.2%0.0%5.9%-3.5%0000.00136.44N/AN/A0000
2023-10-09$21.58$0.00164.3%25.6%10.3%89.1%0.0%11.7%-67.1%0000.00157.34N/AN/A0000
2023-10-10$21.70$0.0044.0%6.9%10.5%15.3%0.0%3.4%-3.6%0000.00138.73N/AN/A0000
2023-10-11$21.78$0.0026.0%7.5%10.7%4.3%0.0%4.3%-4.5%0000.00139.00N/AN/A0000
2023-10-12$21.69$0.0024.1%6.9%10.7%3.1%0.0%1.8%-4.7%0000.00137.63N/AN/A0000
2023-10-13$21.54$0.0026.8%7.7%10.8%4.8%0.0%4.0%-5.2%0000.00138.86N/AN/A0000
2023-10-16$21.83$0.0025.6%7.3%11.9%4.0%0.0%4.9%-4.5%0000.00139.19N/AN/A0000
2023-10-17$21.75$0.0026.0%7.5%11.9%4.3%0.0%2.1%-14.2%0000.00138.89N/AN/A0000
2023-10-18$21.47$0.0028.9%8.3%12.7%6.1%0.0%0.8%-7.2%0000.00137.29N/AN/A0000
2023-10-19$21.34$0.0029.7%8.5%12.2%6.5%0.0%-0.2%-7.4%0000.00136.25N/AN/A0000
2023-10-20$21.16$0.0031.6%9.1%12.5%7.7%0.0%11.1%-7.5%0000.00137.57N/AN/A0000
2023-10-23$20.99$0.0030.8%8.8%12.8%7.2%0.0%3.2%-6.1%0000.00138.66N/AN/A0000
2023-10-24$21.07$0.0027.8%8.0%12.3%5.4%0.0%3.0%-7.4%0000.00139.02N/AN/A0000
2023-10-25$20.90$0.0030.3%8.7%12.6%6.9%0.0%3.1%-5.7%0000.00135.53N/AN/A0000
2023-10-26$20.75$0.0025.6%7.3%12.3%4.0%0.0%2.1%3.9%0000.00137.63N/AN/A0000
2023-10-27$20.66$0.0032.5%9.3%12.4%8.2%0.0%1.4%-8.9%0000.00136.57N/AN/A0000
2023-10-30$20.90$0.0032.3%9.2%13.2%8.1%0.0%2.2%-9.5%0000.00131.31N/AN/A0000
2023-10-31$20.98$0.0035.9%10.3%12.6%10.4%0.0%2.4%-11.0%0000.00136.78N/AN/A0000