PBP Options History — February 2024

In February 2024, PBP traded between $21.78 and $22.09. ATM implied volatility averaged 35.0%, placing in the 9.4% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 30.1% (HV 20d: 4.9%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2024-02-20: Largest IV spike — 322.1% change
  • 2024-02-20: Highest IV Rank — 57.6%
  • 2024-02-20: Largest Expected Move — 32.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.01$21.78$22.09$21.95$22.09
ATM IV35.0%24.2%113.3%34.4%35.8%
Expected Move9.3%6.4%32.5%6.6%10.3%
HV 20d4.9%3.4%6.2%5.0%6.0%
HV 60d4.5%3.6%5.6%5.6%4.8%
IV Rank9.4%2.7%57.6%9.1%9.9%
IV Percentile50.3%8.7%98.8%71.0%72.6%
Term Structure-7.0%-40.8%42.4%-8.5%-13.9%
Skew 25d3.2%-6.5%18.5%3.2%1.7%
Skew 10d12.9%4.3%98.0%5.5%7.6%
Call IV 25d29.9%16.9%152.6%17.0%27.6%
Put IV 25d33.1%19.1%171.1%20.2%29.3%
Bid-Ask Spread %140.25138.66155.70140.43138.66
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$21.95$0.0034.4%6.6%5.0%9.1%0.0%3.2%-8.5%0000.00140.43N/AN/A0000
2024-02-02$21.95$0.0034.2%6.4%5.0%8.9%0.0%2.2%-7.9%0000.00139.21N/AN/A0000
2024-02-05$21.99$0.0039.4%6.7%5.0%12.1%0.0%4.8%-8.5%0000.00139.65N/AN/A0000
2024-02-06$22.02$0.0040.4%7.3%4.3%12.7%0.0%2.2%-12.2%0000.00139.65N/AN/A0000
2024-02-07$22.01$0.0024.3%7.0%4.3%2.8%0.0%2.0%-9.9%0000.00139.59N/AN/A0000
2024-02-08$22.02$0.0024.2%6.9%4.3%2.7%0.0%1.8%-10.1%0000.00139.56N/AN/A0000
2024-02-09$22.02$0.0025.4%7.3%4.3%3.5%0.0%1.4%-12.3%0000.00138.74N/AN/A0000
2024-02-12$22.04$0.0027.1%7.8%4.3%4.5%0.0%1.6%-14.3%0000.00139.56N/AN/A0000
2024-02-13$22.02$0.0026.0%7.5%4.3%3.9%0.0%5.7%-10.9%0000.00140.07N/AN/A0000
2024-02-14$22.04$0.0027.4%7.9%4.0%4.7%0.0%6.1%-15.2%0000.00138.82N/AN/A0000
2024-02-15$22.07$0.0028.4%8.1%3.9%5.3%0.0%2.6%38.4%0000.00139.95N/AN/A0000
2024-02-16$22.03$0.0026.9%7.7%3.4%4.4%0.0%2.1%42.4%0000.00139.28N/AN/A0000
2024-02-20$21.79$0.00113.3%32.5%4.7%57.6%0.0%18.5%-40.8%0000.00155.70N/AN/A0000
2024-02-21$21.78$0.0031.4%9.0%4.7%7.2%0.0%3.1%-7.3%0000.00139.63N/AN/A0000
2024-02-22$22.03$0.0029.6%8.5%6.2%6.1%0.0%7.8%-7.5%0000.00139.23N/AN/A0000
2024-02-23$22.05$0.0029.7%8.5%6.2%6.1%0.0%1.3%-8.0%0000.00139.23N/AN/A0000
2024-02-26$22.08$0.0033.9%9.7%6.2%8.7%0.0%1.5%-11.2%0000.00139.63N/AN/A0000
2024-02-27$22.07$0.0032.3%9.3%6.2%7.7%0.0%-6.5%-8.1%0000.00139.19N/AN/A0000
2024-02-28$22.07$0.0036.0%10.3%6.2%10.0%0.0%2.1%-13.6%0000.00139.23N/AN/A0000
2024-02-29$22.09$0.0035.8%10.3%6.0%9.9%0.0%1.7%-13.9%0000.00138.66N/AN/A0000