PWB Options History — December 2008

In December 2008, PWB traded between $9.89 and $10.95. ATM implied volatility averaged 120.6%, placing in the 66.0% IV rank vs the trailing year. The 30-day expected move averaged 34.6%. IV traded above realized volatility by 52.6% (HV 20d: 68.0%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 0 of 15 trading days.

Notable Days

  • 2008-12-18: Largest IV drop — 100.0% change
  • 2008-12-17: Highest IV Rank — 93.1%
  • 2008-12-17: Largest Expected Move — 46.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.54$9.89$10.95$9.89$10.64
Max Pain$15.00$15.00$15.00$15.00$15.00
ATM IV120.6%100.1%161.5%102.8%161.5%
Expected Move34.6%28.7%46.3%29.5%46.3%
HV 20d68.0%54.5%75.2%73.8%54.5%
HV 60d76.4%75.3%77.4%76.6%75.5%
IV Rank66.0%52.3%93.1%54.1%93.1%
IV Percentile91.8%85.7%99.2%87.7%99.2%
Bid-Ask Spread %116.39114.68117.69114.68116.75
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1818181818

Daily Data (15 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-12-01$9.89$15.00102.8%29.5%73.8%54.1%0.0%0.0%0.0%0000.00114.68N/AN/A00180
2008-12-02$10.22$15.00100.6%28.9%75.2%52.7%0.0%0.0%0.0%0000.00115.39N/AN/A00180
2008-12-03$10.43$15.00100.1%28.7%73.6%52.3%0.0%0.0%0.0%0000.00115.91N/AN/A00180
2008-12-04$10.13$15.00108.8%31.2%72.7%58.1%0.0%0.0%0.0%0000.00115.15N/AN/A00180
2008-12-05$10.47$15.00103.8%29.8%72.0%54.8%0.0%0.0%0.0%0000.00116.18N/AN/A00180
2008-12-08$10.75$15.00109.6%31.4%71.8%58.7%0.0%0.0%0.0%0000.00117.05N/AN/A00180
2008-12-09$10.69$15.00117.3%33.6%71.8%63.7%0.0%0.0%0.0%0000.00116.75N/AN/A00180
2008-12-10$10.80$15.00120.9%34.7%71.3%66.1%0.0%0.0%0.0%0000.00117.05N/AN/A00180
2008-12-11$10.55$15.00131.4%37.7%68.9%73.1%0.0%0.0%0.0%0000.00116.46N/AN/A00180
2008-12-12$10.58$15.00139.7%40.1%64.3%78.6%0.0%0.0%0.0%0000.00116.46N/AN/A00180
2008-12-15$10.51$15.00134.3%38.5%62.6%75.0%0.0%0.0%0.0%0000.00116.18N/AN/A00180
2008-12-16$10.95$15.00137.2%39.3%63.7%77.0%0.0%0.0%0.0%0000.00117.69N/AN/A00180
2008-12-17$10.86$15.00161.5%46.3%63.7%93.1%0.0%0.0%0.0%0000.00117.36N/AN/A00180
2008-12-18$10.68$15.000.0%0.0%60.2%0.0%0.0%0.0%0.0%0000.00116.75N/AN/A00180
2008-12-19$10.64$15.000.0%0.0%54.5%0.0%0.0%0.0%0.0%0000.00116.75N/AN/A00180