PBP Options History — September 2024

In September 2024, PBP traded between $22.30 and $22.92. ATM implied volatility averaged 41.1%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 32.8% (HV 20d: 8.3%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2024-09-20: Largest IV spike — 289.8% change
  • 2024-09-05: Highest IV Rank — 81.6%
  • 2024-09-20: Largest Expected Move — 28.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.72$22.30$22.92$22.52$22.81
ATM IV41.1%24.9%137.5%34.8%27.1%
Expected Move10.2%7.1%28.7%10.0%7.8%
HV 20d8.3%6.7%13.2%13.2%6.9%
HV 60d12.0%11.7%12.1%11.7%12.0%
IV Rank15.8%4.7%81.6%11.5%6.2%
IV Percentile46.9%5.6%99.2%66.7%19.0%
Term Structure-8.9%-29.9%5.5%-8.9%4.1%
Skew 25d3.9%-2.0%19.1%2.0%0.1%
Skew 10d8.6%1.0%52.7%8.5%2.7%
Call IV 25d33.4%18.7%128.0%29.4%24.1%
Put IV 25d37.3%20.3%147.2%31.4%24.2%
Bid-Ask Spread %160.32137.58181.41137.58157.50
Gamma HHI1.001.001.001.001.00
Net GEX-609-726-252-571-636
Net DEX3.7K2.3K6.2K4.6K3.2K
Net VEX-24-32-17-30-21
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI88888

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$22.52$0.0034.8%10.0%13.2%11.5%0.0%2.0%-8.9%-5714.6K-300.00137.58N/AN/A0008
2024-09-04$22.54$0.0037.2%10.7%11.5%13.2%0.0%4.9%-10.4%-5354.3K-300.00138.17N/AN/A0008
2024-09-05$22.51$0.00137.5%23.4%10.6%81.6%0.0%12.5%-29.9%-6864.0K-270.00181.41N/AN/A0008
2024-09-06$22.30$0.0041.0%7.7%10.0%15.8%0.0%1.2%-16.3%-5685.0K-310.00159.05N/AN/A0008
2024-09-09$22.45$0.0045.9%8.2%10.1%19.1%0.0%10.6%-19.4%-5564.6K-290.00159.37N/AN/A0008
2024-09-10$22.53$0.0047.0%7.3%10.0%19.9%0.0%2.8%-5.4%-6064.2K-270.00158.51N/AN/A0008
2024-09-11$22.66$0.0025.9%7.4%8.5%5.4%0.0%4.7%-6.1%-6073.7K-260.00158.90N/AN/A0008
2024-09-12$22.79$0.0025.8%7.4%8.6%5.3%0.0%2.9%-5.0%-5663.5K-240.00158.48N/AN/A0008
2024-09-13$22.84$0.0025.7%7.4%7.4%5.3%0.0%2.7%-5.4%-6992.6K-190.00158.84N/AN/A0008
2024-09-16$22.86$0.0025.0%7.2%7.1%4.8%0.0%3.0%-5.6%-6653.0K-210.00159.17N/AN/A0008
2024-09-17$22.89$0.0024.9%7.1%6.8%4.7%0.0%1.7%-6.4%-7262.3K-170.00157.74N/AN/A0008
2024-09-18$22.88$0.0046.0%13.2%6.9%19.2%0.0%0.4%-13.7%-6213.4K-220.00179.52N/AN/A0008
2024-09-19$22.91$0.0025.7%7.4%6.8%5.3%0.0%2.7%-4.1%-6702.8K-190.00158.61N/AN/A0008
2024-09-20$22.92$0.00100.2%28.7%6.7%56.2%0.0%19.1%-29.0%-2526.2K-320.00180.73N/AN/A0008
2024-09-23$22.76$0.0029.3%8.4%7.2%7.7%0.0%2.9%-4.5%-6752.9K-190.00158.81N/AN/A0008
2024-09-24$22.79$0.0028.8%8.2%7.2%7.4%0.0%2.4%-4.4%-6712.8K-190.00157.56N/AN/A0008
2024-09-25$22.77$0.0028.8%8.3%7.1%7.5%0.0%1.4%-4.1%-6882.8K-190.00158.78N/AN/A0008
2024-09-26$22.81$0.0041.2%11.8%7.1%15.9%0.0%1.1%-8.4%-5484.1K-250.00169.57N/AN/A0008
2024-09-27$22.80$0.0025.0%7.2%7.1%4.9%0.0%-2.0%5.5%-6283.3K-220.00158.16N/AN/A0008
2024-09-30$22.81$0.0027.1%7.8%6.9%6.2%0.0%0.1%4.1%-6363.2K-210.00157.50N/AN/A0008