PBP Options History — October 2025

In October 2025, PBP traded between $22.04 and $22.60. ATM implied volatility averaged 26.8%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 20.2% (HV 20d: 6.7%). Max pain ranged from $22.00 to $27.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2025-10-27: Highest Volume — 1 contracts
2025-10-13: Largest IV spike — 225.5% change
2025-10-14: Highest IV Rank — 35.4%
2025-10-31: Largest Expected Move — 8.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$22.36	$22.04	$22.60	$22.20	$22.56
Max Pain	$24.86	$22.00	$27.00	$22.00	$27.00
ATM IV	26.8%	8.4%	44.7%	8.4%	30.1%
Expected Move	7.3%	2.4%	8.6%	2.4%	8.6%
HV 20d	6.7%	3.8%	8.4%	4.5%	8.1%
HV 60d	6.3%	5.5%	7.0%	5.5%	6.5%
IV Rank	18.8%	1.6%	35.4%	1.6%	21.8%
IV Percentile	45.8%	5.2%	89.3%	5.2%	61.1%
Term Structure	-8.7%	-15.6%	16.1%	16.1%	-6.3%
VWIV	27.9%	27.9%	27.9%	27.9%	27.9%
Skew 25d	2.9%	-5.9%	7.9%	-4.2%	4.2%
Skew 10d	2.1%	-0.3%	13.7%	1.1%	2.5%
Call IV 25d	21.8%	18.7%	31.4%	18.7%	25.6%
Put IV 25d	24.7%	14.5%	33.6%	14.5%	29.8%
Bid-Ask Spread %	151.54	147.12	153.58	147.12	150.66
Gamma HHI	0.73	0.50	1.00	0.54	0.94
Net GEX	-832	-2.0K	-356	-1.5K	-373
Net DEX	3.3K	1.2K	5.6K	4.6K	1.4K
Net VEX	-16	-23	-9	-23	-10
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.043	0	1	0	0
Total OI	10.87	9	12	12	10

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2025-10-01	$22.20	$22.00	8.4%	2.4%	4.5%	1.6%	0.0%	-4.2%	16.1%	-1.5K	4.6K	-23	147.12	N/A	N/A	0	0	12
2025-10-02	$22.20	$22.00	10.8%	3.1%	3.9%	3.9%	0.0%	-5.9%	11.0%	-1.4K	4.8K	-22	151.56	N/A	N/A	0	0	12
2025-10-03	$22.23	$22.00	22.8%	6.5%	3.9%	15.0%	0.0%	-3.5%	-12.3%	-1.1K	5.1K	-22	151.16	N/A	N/A	0	0	12
2025-10-06	$22.26	$0.00	26.5%	6.9%	3.8%	18.4%	0.0%	1.8%	-10.9%	-1.1K	4.9K	-21	153.41	N/A	N/A	0	0	12
2025-10-07	$22.24	$0.00	27.9%	7.1%	3.8%	19.7%	0.0%	1.1%	-11.2%	-1.1K	5.0K	-21	153.58	N/A	N/A	0	0	12
2025-10-08	$22.29	$0.00	27.3%	7.0%	3.9%	19.2%	0.0%	1.8%	-11.3%	-1.1K	4.8K	-20	153.36	N/A	N/A	0	0	12
2025-10-09	$22.37	$0.00	28.6%	7.1%	3.9%	20.4%	0.0%	2.8%	-11.3%	-1.0K	4.4K	-18	153.41	N/A	N/A	0	0	12
2025-10-10	$22.04	$0.00	12.3%	7.5%	6.7%	5.2%	0.0%	5.0%	-11.4%	-2.0K	5.5K	-21	152.83	N/A	N/A	0	0	12
2025-10-13	$22.24	$0.00	39.9%	7.5%	7.5%	30.9%	0.0%	3.8%	-11.6%	-1.1K	4.9K	-18	152.41	N/A	N/A	0	0	12
2025-10-14	$22.22	$0.00	44.7%	7.3%	7.5%	35.4%	0.0%	4.3%	-11.0%	-1.2K	4.7K	-17	152.26	N/A	N/A	0	0	12
2025-10-15	$22.30	$0.00	26.7%	7.7%	7.6%	18.6%	0.0%	3.6%	-12.8%	-1.1K	4.4K	-15	153.12	N/A	N/A	0	0	12
2025-10-16	$22.23	$0.00	27.6%	7.9%	7.7%	19.4%	0.0%	1.7%	-14.2%	-1.1K	5.6K	-20	151.28	N/A	N/A	0	0	12
2025-10-17	$22.45	$0.00	27.3%	7.8%	8.4%	19.2%	0.0%	5.4%	-13.0%	-536	1.7K	-12	150.79	N/A	N/A	0	0	12
2025-10-20	$22.39	$0.00	27.9%	8.0%	7.9%	19.8%	0.0%	5.0%	-14.4%	-406	1.8K	-13	150.92	N/A	N/A	0	0	9
2025-10-21	$22.43	$0.00	28.8%	8.3%	7.9%	20.6%	0.0%	2.2%	-15.6%	-405	1.9K	-13	151.18	N/A	N/A	0	0	9
2025-10-22	$22.36	$0.00	27.9%	8.0%	8.0%	19.7%	0.0%	3.5%	-14.2%	-418	1.9K	-13	150.71	N/A	N/A	0	0	9
2025-10-23	$22.47	$0.00	29.2%	8.4%	8.1%	20.9%	0.0%	7.9%	-15.2%	-392	1.6K	-11	150.21	N/A	N/A	0	0	9
2025-10-24	$22.51	$0.00	27.6%	7.9%	8.0%	19.5%	0.0%	5.6%	-5.7%	-384	1.5K	-11	151.05	N/A	N/A	0	0	9
2025-10-27	$22.58	$0.00	28.2%	8.1%	8.1%	20.0%	27.9%	6.3%	-4.6%	-372	1.4K	-10	151.48	N/A	N/A	1	0	9
2025-10-28	$22.60	$27.00	28.8%	8.2%	8.1%	20.5%	0.0%	4.9%	-6.0%	-356	1.3K	-9	151.47	N/A	N/A	0	1	9
2025-10-29	$22.59	$27.00	28.8%	8.3%	8.0%	20.6%	0.0%	4.0%	-6.4%	-359	1.2K	-9	150.17	N/A	N/A	0	1	9
2025-10-30	$22.55	$27.00	29.4%	8.4%	8.1%	21.2%	0.0%	4.9%	-7.0%	-371	1.3K	-10	151.38	N/A	N/A	0	1	9
2025-10-31	$22.56	$27.00	30.1%	8.6%	8.1%	21.8%	0.0%	4.2%	-6.3%	-373	1.4K	-10	150.66	N/A	N/A	0	1	9