PBP Options History — June 2025

In June 2025, PBP traded between $21.63 and $22.19. ATM implied volatility averaged 33.6%, placing in the 20.6% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 26.4% (HV 20d: 7.2%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2025-06-25: Highest Volume — 9 contracts
  • 2025-06-03: Largest IV drop — 59.4% change
  • 2025-06-02: Highest IV Rank — 59.8%
  • 2025-06-02: Largest Expected Move — 24.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.83$21.63$22.19$21.63$21.88
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV33.6%26.1%84.8%84.8%32.8%
Expected Move8.9%7.1%24.3%24.3%9.4%
HV 20d7.2%6.2%10.1%6.4%10.1%
HV 60d26.2%25.7%27.2%27.2%25.7%
IV Rank20.6%14.8%59.8%59.8%20.0%
IV Percentile52.8%24.2%98.4%98.4%62.3%
Term Structure-5.7%-20.9%47.8%43.4%-8.0%
Skew 25d3.8%0.2%5.9%3.5%0.3%
Skew 10d8.3%-4.3%153.5%153.5%2.3%
Call IV 25d28.3%18.8%163.1%163.1%25.2%
Put IV 25d32.1%22.9%166.6%166.6%25.5%
Bid-Ask Spread %152.99136.63179.60179.60152.05
Gamma HHI0.520.381.000.390.68
Net GEX108-784498104-741
Net DEX-2.4K-5.3K3.9K-2.7K3.7K
Net VEX-21-43-4-41-42
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.450900
Total OI15.952202011

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$21.63$20.0084.8%24.3%6.4%59.8%0.0%3.5%43.4%104-2.7K-410.00179.60N/AN/A001010
2025-06-03$21.71$20.0034.4%9.9%6.5%21.3%0.0%5.7%-9.5%281-3.2K-280.00147.06N/AN/A001010
2025-06-04$21.73$20.0027.9%8.0%6.4%16.3%0.0%4.9%-7.4%381-3.2K-240.00136.63N/AN/A001010
2025-06-05$21.69$0.0032.4%7.2%6.5%19.7%0.0%4.5%-14.5%364-3.5K-240.00153.73N/AN/A001010
2025-06-06$21.80$0.0036.4%7.1%6.7%22.8%0.0%4.4%-14.1%359-4.4K-250.00154.23N/AN/A001010
2025-06-09$21.82$0.0039.5%7.2%6.7%25.1%0.0%3.5%-14.3%377-4.6K-220.00153.80N/AN/A001010
2025-06-10$21.85$0.0042.2%7.2%6.7%27.2%0.0%4.1%-13.6%384-4.7K-220.00154.08N/AN/A001010
2025-06-11$21.84$0.0026.1%7.5%6.7%14.8%0.0%4.0%-14.8%388-4.6K-210.00153.80N/AN/A001010
2025-06-12$21.87$0.0026.4%7.6%6.7%15.1%0.0%4.4%-15.6%398-4.8K-190.00153.99N/AN/A001010
2025-06-13$21.80$0.0027.3%7.8%6.8%15.8%0.0%4.6%-15.6%345-4.4K-190.00153.99N/AN/A001010
2025-06-16$21.93$0.0027.5%7.9%7.1%16.0%0.0%4.3%-20.3%466-5.2K-150.00153.12N/AN/A001010
2025-06-17$21.88$0.0028.0%8.0%6.3%16.3%0.0%4.0%-20.9%423-4.8K-130.00153.53N/AN/A001010
2025-06-18$21.94$0.0027.9%8.0%6.2%16.2%0.0%4.7%47.8%498-5.3K-110.00152.76N/AN/A001010
2025-06-20$21.80$0.0029.4%8.4%6.3%17.4%0.0%4.1%-6.8%-115-894-40.00152.51N/AN/A001010
2025-06-23$21.70$0.0029.0%8.3%6.6%17.1%0.0%5.1%-5.7%-64-858-40.00145.44N/AN/A0011
2025-06-24$21.79$0.0029.5%8.5%6.4%17.5%0.0%1.9%-6.1%-92-925-40.00152.19N/AN/A0011
2025-06-25$22.19$0.0029.3%8.4%8.1%17.3%0.0%5.9%-4.9%-90-1.2K-40.00152.41N/AN/A0911
2025-06-26$21.84$0.0030.2%8.7%10.1%18.0%0.0%1.4%-6.8%-7843.6K-410.00152.67N/AN/A00110
2025-06-27$21.88$0.0030.3%8.7%10.1%18.1%0.0%0.2%-7.1%-7253.9K-430.00152.26N/AN/A00110
2025-06-30$21.88$0.0032.8%9.4%10.1%20.0%0.0%0.3%-8.0%-7413.7K-420.00152.05N/AN/A00110