JBL Options History — November 2008

In November 2008, JBL traded between $5.24 and $9.15. ATM implied volatility averaged 111.5%, placing in the 77.6% IV rank vs the trailing year. The 30-day expected move averaged 31.9%. IV traded below realized volatility by 13.9% (HV 20d: 125.4%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.84.

Notable Days

2008-11-05: Highest Volume — 4,498 contracts
2008-11-12: Largest IV spike — 36.1% change
2008-11-20: Highest IV Rank — 100.0%
2008-11-20: Largest Expected Move — 40.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.87	$5.24	$9.15	$8.64	$6.58
Max Pain	$11.05	$10.00	$12.50	$10.00	$10.00
ATM IV	111.5%	76.2%	140.8%	96.2%	114.4%
Expected Move	31.9%	21.8%	40.4%	27.6%	32.8%
HV 20d	125.4%	95.6%	141.9%	121.7%	135.4%
HV 60d	104.2%	91.3%	116.9%	91.3%	115.6%
IV Rank	77.6%	45.9%	100.0%	65.3%	76.0%
IV Percentile	95.1%	86.9%	100.0%	93.7%	93.7%
Term Structure	-2.5%	-12.6%	14.6%	0.9%	-6.8%
VWIV	114.0%	76.9%	149.7%	93.9%	116.1%
Skew 25d	2.6%	-15.1%	19.8%	11.9%	10.2%
Skew 10d	-0.3%	-31.1%	34.7%	23.2%	11.8%
Call IV 25d	112.2%	70.9%	154.0%	83.1%	115.8%
Put IV 25d	114.8%	88.0%	138.9%	95.0%	126.0%
Bid-Ask Spread %	12.53	7.62	17.89	14.60	11.50
Gamma HHI	0.23	0.19	0.29	0.27	0.20
Net GEX	52.3K	-16.3K	222.1K	169.3K	3.6K
Net DEX	11.8M	3.5M	14.9M	6.0M	13.3M
Net VEX	-70.4K	-124.1K	-41.0K	-113.8K	-51.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.84	0.12	4.82	0.81	0.29
Total Volume	1,339.632	206	4,498	720	206
Total OI	117,128.421	109,065	121,299	116,176	109,065

Daily Data (19 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
2008-11-03	$8.64	$10.00	96.2%	27.6%	121.7%	65.3%	93.9%	11.9%	0.9%	169.3K	6.0M	-113.8K	0.81	14.60	398	322	77,487	38,689
2008-11-04	$9.15	$10.00	76.2%	21.8%	120.2%	45.9%	76.9%	19.8%	14.6%	222.1K	3.5M	-124.1K	0.36	10.36	892	323	77,630	38,813
2008-11-05	$8.52	$10.00	88.7%	25.4%	123.0%	58.0%	86.7%	1.6%	5.9%	156.4K	6.6M	-109.5K	0.66	11.16	2,704	1,794	77,544	38,913
2008-11-06	$8.01	$10.00	89.2%	25.6%	120.1%	58.5%	85.7%	1.2%	6.8%	108.9K	10.1M	-97.5K	0.29	7.62	414	121	79,003	40,154
2008-11-07	$8.29	$12.50	91.6%	27.6%	116.0%	60.9%	92.8%	6.6%	-5.2%	122.4K	9.8M	-99.6K	0.22	10.21	840	184	78,166	40,135
2008-11-10	$7.78	$12.50	91.5%	27.8%	95.6%	60.8%	97.7%	3.7%	-1.4%	87.1K	11.0M	-89.9K	0.55	12.74	909	502	78,843	40,236
2008-11-11	$7.30	$12.50	95.0%	28.3%	97.9%	64.2%	107.9%	6.7%	-2.9%	34.8K	14.3M	-72.5K	0.52	14.40	799	413	78,878	40,601
2008-11-12	$6.20	$12.50	129.3%	31.7%	111.0%	97.3%	116.0%	-4.0%	1.6%	3.7K	14.9M	-57.4K	0.23	10.90	874	203	78,811	40,615
2008-11-13	$7.28	$12.50	103.9%	29.8%	124.4%	72.7%	104.8%	9.1%	-3.4%	43.2K	13.9M	-74.1K	0.24	12.04	3,132	744	78,664	40,616
2008-11-14	$6.33	$12.50	112.6%	32.3%	133.9%	80.8%	117.7%	3.1%	-7.3%	17.2K	14.1M	-59.8K	2.44	12.44	319	777	80,753	39,807
2008-11-17	$6.06	$12.50	121.4%	34.8%	133.1%	89.5%	135.6%	-1.6%	-3.9%	17.1K	13.6M	-55.7K	0.12	12.13	2,300	285	80,736	39,545
2008-11-18	$6.15	$12.50	127.8%	36.6%	132.3%	95.8%	131.6%	0.8%	-7.5%	17.6K	13.9M	-55.6K	0.18	13.44	1,698	313	80,515	39,648
2008-11-19	$5.27	$10.00	124.8%	35.8%	135.3%	92.8%	126.5%	-9.7%	-6.2%	-16.3K	14.1M	-41.0K	4.82	11.86	217	1,046	81,419	39,513
2008-11-20	$5.24	$10.00	140.8%	40.4%	135.3%	100.0%	149.7%	-15.1%	-4.4%	-11.6K	13.0M	-44.3K	1.62	16.48	317	515	81,379	39,614
2008-11-21	$5.39	$10.00	133.3%	38.2%	136.4%	93.2%	141.8%	-7.7%	-6.5%	2.8K	13.5M	-45.2K	0.76	13.08	167	127	81,503	39,796
2008-11-24	$5.92	$10.00	132.0%	37.8%	141.9%	92.0%	130.3%	1.2%	-2.9%	6.6K	12.7M	-48.9K	0.48	16.93	488	232	72,898	36,366
2008-11-25	$5.87	$10.00	128.9%	37.0%	131.3%	89.2%	126.6%	1.9%	-6.2%	-1.3K	13.1M	-46.3K	0.91	8.20	206	187	73,194	36,463
2008-11-26	$6.52	$10.00	120.3%	34.5%	137.0%	81.3%	127.7%	9.9%	-12.6%	9.7K	13.2M	-51.7K	0.51	17.89	321	164	73,230	36,198
2008-11-28	$6.58	$10.00	114.4%	32.8%	135.4%	76.0%	116.1%	10.2%	-6.8%	3.6K	13.3M	-51.0K	0.29	11.50	160	46	73,159	35,906