PBP Options History — August 2024

In August 2024, PBP traded between $21.10 and $22.73. ATM implied volatility averaged 40.9%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 23.5% (HV 20d: 17.4%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 1 of 22 days.

Notable Days

  • 2024-08-14: Largest IV drop — 62.1% change
  • 2024-08-06: Highest IV Rank — 44.8%
  • 2024-08-06: Largest Expected Move — 12.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.22$21.10$22.73$22.04$22.73
ATM IV40.9%25.7%83.5%35.8%31.4%
Expected Move8.7%7.0%12.4%10.3%9.0%
HV 20d17.4%8.4%19.7%8.4%17.0%
HV 60d10.7%5.9%11.6%5.9%11.6%
IV Rank15.7%5.3%44.8%12.2%9.2%
IV Percentile54.7%10.3%98.4%71.8%51.6%
Term Structure-6.9%-27.2%46.6%-12.2%-6.9%
Skew 25d5.7%2.5%13.7%9.0%3.8%
Skew 10d11.6%6.3%43.1%13.4%7.4%
Call IV 25d24.6%17.8%50.2%37.9%23.7%
Put IV 25d30.2%21.7%59.3%46.9%27.5%
Bid-Ask Spread %142.33138.06157.85157.85139.36
Gamma HHI1.001.001.001.001.00
Net GEX-612-1.1K-472-586-595
Net DEX5.2K2.2K8.3K6.1K3.8K
Net VEX-33-40-18-39-28
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI88888

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$22.04$0.0035.8%10.3%8.4%12.2%0.0%9.0%-12.2%-5866.1K-390.00157.85N/AN/A0008
2024-08-02$21.72$0.0040.2%11.5%9.7%15.2%0.0%4.7%-12.8%-5426.9K-400.00156.95N/AN/A0008
2024-08-05$21.10$0.0063.5%10.8%13.7%31.1%0.0%4.9%-8.7%-4728.3K-400.00149.37N/AN/A0008
2024-08-06$21.54$0.0083.5%12.4%16.0%44.8%0.0%9.2%-27.2%-1.1K6.4K-380.00157.15N/AN/A0008
2024-08-07$21.32$0.0050.7%8.1%16.3%22.4%0.0%3.1%-7.5%-5197.8K-400.00138.97N/AN/A0008
2024-08-08$21.69$0.0070.6%10.0%17.7%36.0%0.0%5.1%-18.9%-5467.0K-390.00148.86N/AN/A0008
2024-08-09$21.82$0.0052.5%7.0%17.9%23.6%0.0%5.3%-10.2%-5766.6K-380.00139.11N/AN/A0008
2024-08-12$21.78$0.0062.6%7.6%17.9%30.5%0.0%4.7%-11.2%-6066.7K-380.00138.80N/AN/A0008
2024-08-13$22.14$0.0071.8%7.5%19.0%36.8%0.0%3.9%-15.3%-6495.6K-360.00139.20N/AN/A0008
2024-08-14$22.26$0.0027.2%7.8%19.1%6.3%0.0%2.5%-16.6%-6585.3K-340.00139.13N/AN/A0008
2024-08-15$22.55$0.0026.2%7.5%19.7%5.6%0.0%4.6%46.6%-6474.3K-310.00139.38N/AN/A0008
2024-08-16$22.68$0.0025.7%7.4%19.6%5.3%0.0%3.4%-3.8%-6104.1K-290.00138.99N/AN/A0008
2024-08-19$22.57$0.0026.8%7.7%19.7%6.1%0.0%5.3%-3.9%-5864.2K-300.00138.60N/AN/A0008
2024-08-20$22.59$0.0027.3%7.8%19.7%6.4%0.0%4.8%-4.0%-5644.3K-310.00139.38N/AN/A0008
2024-08-21$22.57$0.0027.7%7.9%19.0%6.7%0.0%5.3%-4.3%-5994.0K-290.00138.59N/AN/A0008
2024-08-22$22.52$0.0027.7%7.9%19.0%6.6%0.0%12.0%-4.7%-5624.1K-290.00138.25N/AN/A0008
2024-08-23$22.62$0.0027.7%7.9%18.9%6.7%0.0%5.8%-4.7%-5873.8K-290.00139.14N/AN/A0008
2024-08-26$22.62$0.0029.3%8.4%19.0%7.8%0.0%5.5%-5.6%-5313.9K-290.00138.45N/AN/A0008
2024-08-27$22.67$0.0029.9%8.6%18.9%8.2%0.0%4.6%-6.6%-7702.2K-180.00138.65N/AN/A0008
2024-08-28$22.61$0.0030.5%8.8%18.6%8.6%0.0%3.4%-6.4%-5804.0K-290.00138.06N/AN/A0008
2024-08-29$22.64$0.0030.6%8.8%18.0%8.7%0.0%13.7%-6.4%-5574.0K-290.00138.93N/AN/A0008
2024-08-30$22.73$0.0031.4%9.0%17.0%9.2%0.0%3.8%-6.9%-5953.8K-280.00139.36N/AN/A0008