PBP Options History — February 2026

In February 2026, PBP traded between $22.65 and $23.01. ATM implied volatility averaged 32.5%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 21.9% (HV 20d: 10.5%). Net GEX was positive for 1 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2026-02-19: Highest Volume — 1 contracts
  • 2026-02-11: Largest IV drop — 36.6% change
  • 2026-02-10: Highest IV Rank — 33.4%
  • 2026-02-04: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.85$22.65$23.01$22.95$22.78
ATM IV32.5%27.2%43.0%32.6%32.8%
Expected Move8.6%7.5%10.1%9.4%9.4%
HV 20d10.5%7.9%12.1%10.7%10.5%
HV 60d8.4%7.7%9.0%7.7%9.0%
IV Rank23.7%18.7%33.4%24.0%23.9%
IV Percentile60.9%27.4%88.1%66.7%64.7%
Term Structure-5.7%-23.1%4.2%-7.0%-7.8%
Skew 25d4.9%1.7%11.0%5.6%8.4%
Skew 10d4.9%0.3%18.9%4.0%17.2%
Call IV 25d24.3%19.3%33.7%23.8%32.1%
Put IV 25d29.1%23.2%44.6%29.4%40.5%
Bid-Ask Spread %154.02150.86156.23151.91153.28
Gamma HHI0.950.501.001.000.50
Net GEX-73-1152-842
Net DEX591-963874754-321
Net VEX-5-90-5-9
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1050100
Total OI1.1051212

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$22.95$0.0032.6%9.4%10.7%24.0%0.0%5.6%-7.0%-84754-50.00151.91N/AN/A0001
2026-02-03$22.81$0.0033.1%9.5%10.9%24.4%0.0%9.1%-7.2%-78823-50.00151.07N/AN/A0001
2026-02-04$22.87$0.0035.4%10.1%10.9%26.3%0.0%11.0%-7.9%-57873-50.00150.86N/AN/A0001
2026-02-05$22.68$0.0036.8%7.9%11.3%27.6%0.0%5.3%-4.2%-79859-50.00156.06N/AN/A0001
2026-02-06$22.94$0.0036.3%7.5%12.1%27.2%0.0%4.6%-2.2%-89741-50.00155.38N/AN/A0001
2026-02-09$23.00$0.0040.9%7.7%12.1%31.5%0.0%4.3%3.9%-60836-50.00155.75N/AN/A0001
2026-02-10$22.95$0.0043.0%7.8%12.1%33.4%0.0%3.7%-22.6%-109659-40.00156.23N/AN/A0001
2026-02-11$22.98$0.0027.2%7.8%11.2%18.7%0.0%3.4%-23.1%-115625-40.00155.19N/AN/A0001
2026-02-12$22.75$0.0028.6%8.2%11.1%20.1%0.0%4.8%-5.8%-84824-50.00155.44N/AN/A0001
2026-02-13$22.72$0.0028.6%8.2%11.1%20.0%0.0%2.9%-5.4%-66000.00155.63N/AN/A0001
2026-02-17$22.83$0.0029.4%8.4%11.2%20.7%0.0%4.8%2.6%-61874-50.00154.76N/AN/A0001
2026-02-18$22.92$0.0029.3%8.4%8.2%20.6%0.0%2.6%-6.3%-90748-40.00154.72N/AN/A0001
2026-02-19$22.84$0.0030.3%8.7%7.9%21.6%0.0%7.8%-5.6%-84797-40.00154.98N/AN/A1001
2026-02-20$23.01$0.0029.7%8.5%8.1%21.1%0.0%4.2%4.2%0-963-70.00153.68N/AN/A0011
2026-02-23$22.65$0.0030.1%8.6%10.0%21.4%0.0%1.9%-5.4%-79835-50.00152.81N/AN/A0001
2026-02-24$22.80$0.0030.6%8.8%10.2%21.9%0.0%2.1%-5.2%-64840-50.00153.83N/AN/A0001
2026-02-25$22.92$0.0031.7%9.1%10.4%22.9%0.0%4.0%2.4%-98668-40.00152.68N/AN/A0001
2026-02-26$22.84$0.0030.8%8.8%10.5%22.1%0.0%1.7%-5.1%-83760-40.00152.09N/AN/A1001
2026-02-27$22.78$0.0032.8%9.4%10.5%23.9%0.0%8.4%-7.8%2-321-90.00153.28N/AN/A0011