JBL Options History — April 2008

In April 2008, JBL traded between $9.68 and $11.05. ATM implied volatility averaged 45.7%, placing in the 60.2% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded below realized volatility by 23.4% (HV 20d: 69.1%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 1.48.

Notable Days

  • 2008-04-02: Highest Volume — 9,417 contracts
  • 2008-04-02: Largest IV spike — 40.7% change
  • 2008-04-02: Highest IV Rank — 80.9%
  • 2008-04-02: Largest Expected Move — 16.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.28$9.68$11.05$9.88$10.88
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV45.7%40.3%56.6%40.3%45.6%
Expected Move13.2%11.5%16.2%11.5%13.1%
HV 20d69.1%31.3%84.6%84.6%31.3%
HV 60d62.2%60.6%64.8%64.8%60.9%
IV Rank60.2%49.8%80.9%49.8%60.0%
IV Percentile73.0%55.6%96.4%61.9%72.2%
Term Structure4.5%-5.9%8.4%7.4%-0.1%
VWIV46.2%40.2%56.6%40.2%42.7%
Skew 25d-1.6%-15.2%29.1%29.1%-7.1%
Skew 10d-0.5%-24.0%43.8%43.8%-4.5%
Call IV 25d48.5%38.3%53.1%38.3%52.1%
Put IV 25d46.8%36.4%67.4%67.4%45.0%
Bid-Ask Spread %8.966.0816.067.3410.47
Gamma HHI0.380.320.470.400.42
Net GEX127.8K17.9K216.8K195.2K197.4K
Net DEX3.8M-1.2M8.6M6.4M541.6K
Net VEX-113.1K-124.4K-97.5K-112.7K-105.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.480.055.520.371.55
Total Volume1,889.5913649,4171,9581,236
Total OI82,14867,08192,45883,41569,140

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2008-04-01$9.88$10.0040.3%11.5%84.6%49.8%40.2%29.1%7.4%195.2K6.4M-112.7K0.377.341,42853055,56027,855
2008-04-02$9.68$10.0056.6%16.2%84.5%80.9%56.6%-2.3%-5.9%184.5K6.5M-114.7K1.946.083,1986,21956,17628,169
2008-04-03$9.72$10.0052.6%15.1%83.3%73.3%52.6%-0.6%-2.2%121.5K7.3M-119.4K2.008.525831,16457,31731,173
2008-04-04$9.98$10.0048.3%14.4%83.4%65.2%50.4%4.7%1.4%78.9K6.4M-121.2K3.8516.067382,84057,63032,396
2008-04-07$10.10$10.0047.8%14.0%83.7%64.2%50.2%3.6%3.6%64.8K5.1M-124.4K1.1910.259951,18357,87133,221
2008-04-08$9.85$10.0044.2%13.4%83.8%57.3%45.9%16.6%5.9%23.0K8.6M-117.7K0.876.6734229758,36833,880
2008-04-09$9.86$10.0048.6%14.1%81.2%65.8%49.3%4.2%3.4%33.0K8.5M-118.3K0.428.2767628558,41633,846
2008-04-10$10.04$10.0047.1%13.5%81.8%62.7%52.1%-11.8%4.0%23.5K6.1M-122.0K2.707.9722661158,58033,878
2008-04-11$9.80$10.0046.7%13.4%81.1%62.0%46.7%-15.2%5.6%33.3K8.4M-116.8K1.476.3726939658,69433,597
2008-04-14$9.95$10.0047.9%13.7%81.6%64.3%47.9%-12.7%3.9%27.7K6.8M-115.6K5.526.9613373458,74733,415
2008-04-15$10.06$10.0046.4%13.3%81.9%61.4%46.7%7.0%5.6%17.9K5.7M-114.8K0.787.122,1891,70258,80133,232
2008-04-16$10.28$10.0044.9%12.9%82.1%58.6%44.9%-5.8%6.1%133.9K704.6K-110.7K1.596.2935656657,89932,409
2008-04-17$10.47$10.0046.5%13.3%82.3%61.7%46.4%-1.8%4.3%154.2K-437.7K-111.3K0.058.132,29712157,98432,308
2008-04-18$10.68$10.0044.5%12.8%80.9%57.9%44.3%0.1%6.6%159.1K-115.4K-111.9K0.1110.542,36825756,10132,317
2008-04-21$10.78$10.0041.7%12.0%80.8%52.5%41.9%-2.9%6.9%187.0K1.1M-107.3K0.218.361,30627542,85024,231
2008-04-22$10.36$10.0044.0%12.6%81.9%57.0%43.8%-8.8%6.8%186.4K3.9M-97.5K0.776.7749037542,85224,231
2008-04-23$10.33$10.0043.1%12.3%35.1%55.2%42.7%-10.3%7.2%186.3K3.8M-104.6K0.087.532,80421742,99624,691
2008-04-24$10.78$10.0040.4%11.6%35.1%50.1%40.4%-6.4%7.3%216.8K345.6K-110.8K1.0412.5322623444,83724,801
2008-04-25$10.87$10.0040.5%11.6%34.9%50.3%40.8%-4.5%8.4%196.8K79.0K-109.6K2.169.9313429043,91124,872
2008-04-28$10.85$10.0043.2%12.4%34.3%55.4%43.1%-6.7%6.3%197.6K252.7K-108.2K0.319.612778743,94625,006
2008-04-29$11.05$10.0045.0%12.9%31.8%58.7%45.6%-3.9%5.7%191.7K-1.2M-113.4K3.5815.3320071744,05924,993
2008-04-30$10.88$10.0045.6%13.1%31.3%60.0%42.7%-7.1%-0.1%197.4K541.6K-105.6K1.5510.4748575144,04825,092