PBP Options History — January 2024

In January 2024, PBP traded between $21.57 and $21.95. ATM implied volatility averaged 31.2%, placing in the 7.1% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 27.1% (HV 20d: 4.1%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2024-01-10: Largest IV drop — 43.8% change
  • 2024-01-09: Highest IV Rank — 15.5%
  • 2024-01-03: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.79$21.57$21.95$21.63$21.88
ATM IV31.2%25.1%44.9%37.1%33.4%
Expected Move8.1%7.0%11.2%10.6%9.6%
HV 20d4.1%3.0%5.0%3.2%5.0%
HV 60d7.2%5.6%8.7%8.7%5.6%
IV Rank7.1%3.3%15.5%10.7%8.4%
IV Percentile47.4%13.5%87.3%76.2%67.1%
Term Structure-5.4%-11.9%-2.1%-11.0%-10.3%
Skew 25d2.5%1.0%6.0%6.0%2.3%
Skew 10d10.0%4.6%20.6%11.5%8.8%
Call IV 25d24.7%18.9%34.3%28.9%26.6%
Put IV 25d27.2%20.4%39.0%34.9%28.9%
Bid-Ask Spread %138.60134.03140.54137.68137.37
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$21.63$0.0037.1%10.6%3.2%10.7%0.0%6.0%-11.0%0000.00137.68N/AN/A0000
2024-01-03$21.61$0.0039.0%11.2%3.0%11.8%0.0%5.4%-11.9%0000.00137.84N/AN/A0000
2024-01-04$21.60$0.0039.5%7.2%3.0%12.2%0.0%2.7%-2.1%0000.00140.54N/AN/A0000
2024-01-05$21.57$0.0031.2%7.0%3.0%7.1%0.0%2.4%-3.0%0000.00138.97N/AN/A0000
2024-01-08$21.74$0.0043.6%7.2%3.8%14.7%0.0%2.5%-3.1%0000.00139.18N/AN/A0000
2024-01-09$21.76$0.0044.9%7.1%3.8%15.5%0.0%1.3%-3.4%0000.00140.06N/AN/A0000
2024-01-10$21.80$0.0025.2%7.2%3.8%3.4%0.0%3.3%-3.5%0000.00139.75N/AN/A0000
2024-01-11$21.80$0.0025.1%7.2%3.8%3.3%0.0%2.8%-2.8%0000.00138.73N/AN/A0000
2024-01-12$21.81$0.0025.5%7.3%3.7%3.5%0.0%3.0%-3.9%0000.00138.98N/AN/A0000
2024-01-16$21.80$0.0026.5%7.6%3.7%4.2%0.0%1.2%-3.8%0000.00139.13N/AN/A0000
2024-01-17$21.73$0.0027.5%7.9%3.9%4.8%0.0%1.3%-4.3%0000.00139.19N/AN/A0000
2024-01-18$21.81$0.0027.4%7.9%4.0%4.7%0.0%1.1%-4.3%0000.00138.62N/AN/A0000
2024-01-19$21.94$0.0026.9%7.7%4.5%4.4%0.0%2.2%-6.3%0000.00138.70N/AN/A0000
2024-01-22$21.80$0.0027.3%7.8%4.9%4.7%0.0%1.5%-5.0%0000.00139.47N/AN/A0000
2024-01-23$21.81$0.0030.1%8.6%4.9%6.4%0.0%1.9%-6.1%0000.00138.75N/AN/A0000
2024-01-24$21.87$0.0028.4%8.1%4.9%5.4%0.0%1.9%-5.5%0000.00140.13N/AN/A0000
2024-01-25$21.86$0.0029.1%8.3%4.9%5.7%0.0%2.0%-6.0%0000.00137.79N/AN/A0000
2024-01-26$21.89$0.0029.7%8.5%4.9%6.2%0.0%4.8%-6.3%0000.00137.58N/AN/A0000
2024-01-29$21.94$0.0026.3%7.5%5.0%4.0%0.0%1.0%-3.4%0000.00134.03N/AN/A0000
2024-01-30$21.95$0.0032.4%9.3%5.0%7.8%0.0%1.7%-8.3%0000.00138.21N/AN/A0000
2024-01-31$21.88$0.0033.4%9.6%5.0%8.4%0.0%2.3%-10.3%0000.00137.37N/AN/A0000