JBL Options History — January 2008

In January 2008, JBL traded between $12.78 and $15.07. ATM implied volatility averaged 47.4%, placing in the 78.7% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded below realized volatility by 35.4% (HV 20d: 82.8%). Max pain ranged from $12.50 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.78.

Notable Days

2008-01-08: Highest Volume — 6,280 contracts
2008-01-22: Largest IV spike — 26.5% change
2008-01-22: Highest IV Rank — 100.0%
2008-01-22: Largest Expected Move — 16.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$13.87	$12.78	$15.07	$14.77	$13.25
Max Pain	$13.69	$12.50	$25.00	$25.00	$12.50
ATM IV	47.4%	39.2%	58.3%	39.4%	48.9%
Expected Move	13.6%	11.2%	16.7%	11.3%	14.0%
HV 20d	82.8%	49.0%	99.8%	98.8%	50.3%
HV 60d	64.9%	61.6%	67.1%	61.6%	66.2%
IV Rank	78.7%	61.5%	100.0%	61.9%	78.8%
IV Percentile	93.3%	82.9%	100.0%	84.1%	94.8%
Term Structure	0.3%	-4.1%	3.9%	-0.2%	-0.2%
VWIV	48.1%	39.1%	55.4%	39.6%	51.0%
Skew 25d	2.9%	-12.6%	10.5%	-12.3%	-3.2%
Skew 10d	3.8%	-28.2%	35.4%	-20.6%	-7.9%
Call IV 25d	48.1%	42.4%	55.3%	47.3%	51.5%
Put IV 25d	50.9%	32.0%	62.6%	35.0%	48.3%
Bid-Ask Spread %	13.88	4.89	18.52	4.89	17.25
Gamma HHI	0.63	0.56	0.68	0.61	0.64
Net GEX	296.6K	194.9K	427.3K	306.3K	220.7K
Net DEX	6.4M	-2.0M	14.0M	11.2M	-635.7K
Net VEX	-114.5K	-127.2K	-100.1K	-117.7K	-108.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.78	0.08	2.12	0.27	0.26
Total Volume	1,804.476	328	6,280	2,059	2,920
Total OI	66,714.238	43,272	80,927	75,689	48,132

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2008-01-02	$14.77	$25.00	39.4%	11.3%	98.8%	61.9%	39.6%	-12.3%	-0.2%	306.3K	11.2M	-117.7K	0.27	4.89	1,616	443	53,468	22,221
2008-01-03	$14.36	$25.00	39.2%	11.2%	99.1%	61.5%	39.1%	-12.6%	1.3%	317.4K	11.5M	-117.2K	0.63	5.25	1,173	736	54,792	22,206
2008-01-04	$13.56	$12.50	40.6%	14.4%	98.6%	64.9%	47.6%	6.4%	-2.4%	275.3K	14.0M	-109.3K	0.64	8.43	1,708	1,100	55,758	22,699
2008-01-07	$14.05	$12.50	44.6%	12.5%	99.8%	74.8%	48.3%	3.3%	3.9%	346.3K	11.2M	-119.2K	1.68	16.15	591	992	57,109	22,929
2008-01-08	$13.90	$12.50	47.0%	12.3%	98.3%	80.6%	44.3%	3.6%	2.3%	332.9K	12.5M	-118.1K	0.36	18.44	4,619	1,661	57,431	23,496
2008-01-09	$14.46	$12.50	43.0%	12.0%	98.9%	70.6%	41.9%	7.0%	2.2%	351.8K	10.4M	-117.3K	0.76	16.38	1,185	903	55,474	22,700
2008-01-10	$15.07	$12.50	44.4%	12.7%	98.6%	74.0%	44.1%	6.6%	0.8%	399.1K	6.4M	-127.2K	0.36	15.88	1,374	489	56,135	23,039
2008-01-11	$14.45	$12.50	45.1%	12.9%	98.9%	75.9%	44.8%	7.2%	0.4%	361.4K	9.5M	-122.3K	0.19	17.18	592	112	56,385	23,187
2008-01-14	$14.28	$12.50	43.7%	12.5%	98.9%	72.5%	51.0%	4.0%	2.8%	348.0K	10.8M	-119.0K	0.08	15.24	303	25	56,666	23,212
2008-01-15	$14.42	$12.50	45.5%	13.0%	98.9%	76.9%	45.4%	4.2%	-0.2%	387.8K	9.9M	-119.6K	1.72	17.42	410	706	56,757	23,227
2008-01-16	$14.62	$12.50	45.4%	13.0%	98.7%	76.5%	46.9%	2.6%	1.4%	427.3K	9.0M	-123.6K	0.33	18.43	563	187	56,902	23,063
2008-01-17	$14.06	$12.50	47.2%	13.5%	99.3%	81.0%	52.0%	2.6%	1.3%	279.4K	12.0M	-114.3K	1.10	17.26	712	780	56,875	23,089
2008-01-18	$13.94	$12.50	46.1%	13.2%	97.4%	78.2%	50.5%	5.5%	1.8%	278.0K	12.2M	-115.5K	1.01	16.84	287	290	57,486	23,295
2008-01-22	$13.17	$12.50	58.3%	16.7%	97.6%	100.0%	52.1%	9.6%	-4.1%	225.0K	-926.3K	-105.6K	0.87	8.82	2,283	1,994	31,766	11,506
2008-01-23	$12.78	$12.50	55.4%	15.9%	49.0%	93.5%	55.2%	5.9%	-2.5%	194.9K	731.0K	-100.1K	0.19	9.79	2,166	422	32,784	12,333
2008-01-24	$13.43	$12.50	54.6%	15.7%	52.2%	91.8%	51.1%	10.5%	-0.4%	257.7K	-2.0M	-112.2K	0.53	9.62	707	378	33,763	12,599
2008-01-25	$13.14	$12.50	53.0%	15.2%	51.5%	88.1%	51.0%	8.2%	-1.3%	241.9K	-1.2M	-110.8K	0.48	11.18	654	312	33,925	12,683
2008-01-28	$13.22	$12.50	53.9%	15.4%	51.7%	90.0%	55.4%	7.3%	-1.1%	234.9K	-1.1M	-110.2K	1.35	11.44	532	720	33,907	12,897
2008-01-29	$13.14	$12.50	49.8%	14.3%	51.2%	80.9%	49.8%	-2.8%	0.3%	223.7K	-401.3K	-108.8K	2.12	17.01	154	326	33,994	13,377
2008-01-30	$13.19	$12.50	49.3%	14.1%	51.1%	79.8%	49.2%	-2.8%	0.4%	218.9K	-339.0K	-108.6K	1.38	18.52	323	446	34,042	13,690
2008-01-31	$13.25	$12.50	48.9%	14.0%	50.3%	78.8%	51.0%	-3.2%	-0.2%	220.7K	-635.7K	-108.1K	0.26	17.25	2,318	602	34,265	13,867