JBL Options History — February 2007

In February 2007, JBL traded between $24.24 and $27.64. ATM implied volatility averaged 26.3%. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 6.8% (HV 20d: 19.5%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 18 of 19 days. Put/call ratio averaged 1.89.

Notable Days

  • 2007-02-26: Highest Volume — 4,267 contracts
  • 2007-02-14: Largest IV drop — 9.8% change
  • 2007-02-13: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.10$24.24$27.64$24.24$26.72
Max Pain$24.87$22.50$25.00$22.50$25.00
ATM IV26.3%24.6%28.1%26.6%25.8%
Expected Move7.5%7.1%8.1%7.6%7.4%
HV 20d19.5%17.8%20.9%18.0%20.6%
Term Structure3.5%-0.1%4.8%-0.1%4.6%
VWIV27.1%23.5%32.0%26.6%26.8%
Skew 25d3.7%-4.5%7.9%4.5%7.0%
Skew 10d5.9%-8.2%17.7%9.0%10.0%
Call IV 25d24.8%22.1%27.2%25.3%23.4%
Put IV 25d28.5%20.7%31.8%29.9%30.4%
Bid-Ask Spread %12.037.1728.0417.1613.10
Gamma HHI0.200.140.260.250.23
Net GEX135.4K-190.7K311.3K199.9K-190.7K
Net DEX-24.1M-36.6M-6.6M-6.6M-23.2M
Net VEX-382.7K-397.5K-362.6K-382.6K-397.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.890.2014.460.370.58
Total Volume1,646.0533144,267314581
Total OI65,254.52661,80168,92764,78468,927

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2007-02-01$24.24$22.5026.6%7.6%18.0%0.0%26.6%4.5%-0.1%199.9K-6.6M-382.6K0.3717.162298535,61629,168
2007-02-02$24.47$25.0026.3%7.5%18.0%0.0%26.2%2.0%3.6%220.9K-9.5M-381.9K0.6810.3548933435,78229,193
2007-02-05$24.47$25.0027.5%7.7%17.8%0.0%23.5%2.9%3.8%208.2K-9.0M-381.7K0.3616.0237413635,80529,414
2007-02-06$24.77$25.0026.0%7.3%18.4%0.0%25.7%3.1%4.8%252.0K-12.6M-387.3K0.9311.4670165136,04929,345
2007-02-07$25.51$25.0027.3%7.4%20.3%0.0%27.8%3.0%4.4%285.4K-22.3M-391.6K0.3017.041,13433836,43529,655
2007-02-08$25.70$25.0025.5%7.3%20.2%0.0%26.3%4.1%4.4%276.9K-25.0M-388.5K0.299.8337611036,49329,629
2007-02-09$25.87$25.0027.4%7.9%20.2%0.0%27.5%2.5%3.4%271.0K-27.1M-389.3K2.778.341,0652,95436,49329,695
2007-02-12$26.08$25.0028.0%8.0%19.3%0.0%28.0%2.0%2.8%125.0K-27.8M-389.5K0.867.2130326236,75931,135
2007-02-13$26.03$25.0028.1%8.1%19.3%0.0%26.7%2.9%2.1%111.1K-24.0M-385.4K1.167.1934540135,02530,981
2007-02-14$26.39$25.0025.4%7.3%19.2%0.0%29.3%6.5%3.6%-2.7K-28.1M-387.7K3.937.177422,91435,20831,168
2007-02-15$26.89$25.0025.5%7.3%18.8%0.0%27.2%2.0%4.0%311.3K-34.2M-381.2K1.3510.391,0861,47035,61830,599
2007-02-16$26.49$25.0025.0%7.2%19.4%0.0%26.6%5.1%3.8%30.1K-29.2M-378.9K0.508.9968634335,50730,563
2007-02-20$26.34$25.0024.7%7.1%19.0%0.0%27.3%6.0%4.7%-27.8K-22.3M-375.7K1.038.0075477832,56129,240
2007-02-21$26.84$25.0026.0%7.4%19.7%0.0%29.7%7.9%3.5%45.5K-27.5M-379.5K2.2310.7332071433,02129,691
2007-02-22$27.35$25.0025.8%7.4%20.2%0.0%26.9%3.6%3.3%133.6K-33.1M-373.7K0.789.1627021133,24429,502
2007-02-23$27.64$25.0024.6%7.1%20.3%0.0%24.0%-4.5%4.3%181.7K-36.6M-362.6K0.2014.591,72633933,33329,600
2007-02-26$27.45$25.0026.4%7.6%20.8%0.0%27.7%3.0%3.8%155.3K-33.9M-367.4K3.1613.771,0263,24133,27329,709
2007-02-27$26.70$25.0027.4%7.8%20.9%0.0%32.0%6.6%2.0%-13.9K-25.9M-388.6K14.4628.042453,54233,95032,450
2007-02-28$26.72$25.0025.8%7.4%20.6%0.0%26.8%7.0%4.6%-190.7K-23.2M-397.5K0.5813.1036821334,04334,884