PBP Options History — March 2024

In March 2024, PBP traded between $22.09 and $22.46. ATM implied volatility averaged 39.1%, placing in the 11.9% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 33.9% (HV 20d: 5.1%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-03-14: Highest Volume — 1 contracts
  • 2024-03-13: Largest IV drop — 66.9% change
  • 2024-03-12: Highest IV Rank — 37.7%
  • 2024-03-01: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.26$22.09$22.46$22.19$22.46
Max Pain$23.00$23.00$23.00$23.00$23.00
ATM IV39.1%26.7%80.9%39.1%33.5%
Expected Move8.1%6.7%11.2%11.2%9.6%
HV 20d5.1%3.0%6.3%6.1%3.0%
HV 60d4.8%4.7%4.9%4.8%4.8%
IV Rank11.9%4.3%37.7%11.9%8.5%
IV Percentile63.4%27.0%97.6%81.3%67.1%
Term Structure-9.9%-15.6%-5.1%-15.6%-9.8%
VWIV18.1%15.7%20.5%15.7%20.5%
Skew 25d2.9%1.8%10.0%2.6%4.6%
Skew 10d6.5%4.9%7.9%7.9%7.9%
Call IV 25d19.9%12.6%28.9%28.9%23.6%
Put IV 25d22.8%18.8%31.5%31.5%28.2%
Bid-Ask Spread %139.99138.20140.52139.89139.59
Gamma HHI1.001.001.001.001.00
Net GEX6001280128
Net DEX-416-88600-886
Net VEX-1-200-2
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.10100
Total OI0.50101

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$22.19$0.0039.1%11.2%6.1%11.9%0.0%2.6%-15.6%0000.00139.89N/AN/A0000
2024-03-04$22.16$0.0041.7%6.7%6.1%13.5%0.0%1.8%-11.3%0000.00140.32N/AN/A0000
2024-03-05$22.09$0.0043.8%6.9%6.3%14.8%0.0%2.2%-11.7%0000.00140.29N/AN/A0000
2024-03-06$22.14$0.0047.0%7.1%6.3%16.8%0.0%2.8%-12.6%0000.00140.47N/AN/A0000
2024-03-07$22.15$0.0049.9%7.2%6.3%18.6%0.0%1.9%-12.8%0000.00140.38N/AN/A0000
2024-03-08$22.17$0.0054.3%7.2%6.3%21.3%0.0%2.1%-13.0%0000.00140.41N/AN/A0000
2024-03-11$22.19$0.0070.2%7.4%6.3%31.1%0.0%2.0%-13.8%0000.00140.12N/AN/A0000
2024-03-12$22.23$0.0080.9%7.5%6.3%37.7%0.0%2.1%-14.0%0000.00140.52N/AN/A0000
2024-03-13$22.27$0.0026.8%7.7%6.3%4.3%0.0%1.8%-15.0%0000.00140.21N/AN/A0000
2024-03-14$22.26$0.0026.7%7.7%6.3%4.3%15.7%2.7%-5.5%0000.00140.14N/AN/A1000
2024-03-15$22.26$23.0027.1%7.8%6.3%4.5%0.0%2.8%-5.7%112-723-20.00140.15N/AN/A0010
2024-03-18$22.21$23.0027.7%7.9%6.3%4.9%0.0%10.0%-5.1%121-755-20.00138.20N/AN/A0010
2024-03-19$22.23$23.0028.1%8.0%4.7%5.1%0.0%2.4%-5.3%117-783-20.00139.94N/AN/A0010
2024-03-20$22.33$23.0028.4%8.1%4.8%5.4%0.0%2.8%-5.6%121-835-20.00139.78N/AN/A0010
2024-03-21$22.37$23.0029.9%8.6%3.0%6.2%20.5%2.1%-6.3%117-870-20.00140.25N/AN/A1010
2024-03-22$22.38$23.0029.9%8.6%3.0%6.2%0.0%2.6%-7.4%121-864-20.00139.94N/AN/A0010
2024-03-25$22.40$23.0031.6%9.1%3.0%7.3%0.0%3.0%-8.5%122-867-20.00140.03N/AN/A0010
2024-03-26$22.39$23.0032.3%9.2%3.0%7.7%0.0%3.3%-9.1%124-853-20.00139.77N/AN/A0010
2024-03-27$22.42$23.0032.9%9.4%3.0%8.1%0.0%3.4%-10.2%122-876-20.00139.49N/AN/A0010
2024-03-28$22.46$23.0033.5%9.6%3.0%8.5%0.0%4.6%-9.8%128-886-20.00139.59N/AN/A0010