JBL Options History — April 2014

In April 2014, JBL traded between $17.23 and $18.57. ATM implied volatility averaged 25.4%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded below realized volatility by 0.2% (HV 20d: 25.6%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.45.

Notable Days

  • 2014-04-17: Highest Volume — 1,894 contracts
  • 2014-04-04: Largest IV spike — 20.4% change
  • 2014-04-10: Highest IV Rank — 31.2%
  • 2014-04-15: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.77$17.23$18.57$18.11$17.26
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV25.4%20.5%29.2%24.1%24.8%
Expected Move9.2%8.9%9.5%9.3%8.9%
HV 20d25.6%20.0%29.1%20.0%26.6%
HV 60d26.3%23.7%29.0%28.7%23.7%
IV Rank23.1%12.9%31.2%20.4%22.0%
IV Percentile30.2%1.6%59.9%16.7%27.8%
Term Structure5.5%2.2%8.0%2.2%8.0%
VWIV33.0%29.7%35.2%34.1%29.7%
Skew 25d4.2%-1.1%10.1%2.5%4.8%
Skew 10d7.1%-6.4%19.6%6.4%11.2%
Call IV 25d23.9%18.2%28.4%24.2%24.2%
Put IV 25d28.1%23.0%32.7%26.8%29.0%
Bid-Ask Spread %28.2121.3034.3428.4234.34
Gamma HHI0.210.150.280.250.15
Net GEX397.0K124.1K694.8K437.4K124.1K
Net DEX-4.6M-11.9M977.8K-7.0M977.8K
Net VEX-145.3K-160.8K-131.7K-155.5K-131.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.450.046.940.681.86
Total Volume877.3811051,894801183
Total OI45,892.1942,98447,74343,84847,743

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-04-01$18.11$18.0024.1%9.3%20.0%20.4%34.1%2.5%2.2%437.4K-7.0M-155.5K0.6828.4247732426,33817,510
2014-04-02$18.57$18.0024.0%9.3%21.6%20.4%35.2%5.3%3.0%593.5K-10.8M-157.4K0.2327.991,33530126,45717,634
2014-04-03$18.53$18.0020.5%9.4%21.3%12.9%34.6%3.2%3.5%694.8K-11.9M-160.8K1.0422.9916517127,41017,670
2014-04-04$18.44$18.0024.7%9.3%21.4%21.8%32.4%2.0%6.4%667.6K-11.6M-158.3K0.3721.3087532227,46217,691
2014-04-07$17.88$18.0025.7%9.3%24.1%23.8%31.7%3.8%6.8%436.1K-6.1M-150.1K2.2622.2926860627,44617,726
2014-04-08$17.91$18.0023.9%9.2%23.7%20.0%31.5%3.9%5.6%433.1K-5.8M-149.7K0.4925.1326813027,54417,791
2014-04-09$18.27$18.0024.3%9.2%24.8%21.0%34.2%7.0%6.0%609.4K-8.8M-154.2K2.4931.1220551027,74117,849
2014-04-10$17.50$18.0029.2%9.4%28.7%31.2%33.3%2.2%2.5%292.0K-3.2M-146.2K0.1621.781,25119427,86118,137
2014-04-11$17.23$18.0028.9%9.4%29.1%30.7%0.0%2.3%4.2%217.5K-631.6K-142.0K0.8324.0655145728,79118,169
2014-04-14$17.41$18.0029.0%9.3%28.8%30.8%31.4%9.8%4.3%253.4K-759.7K-139.2K2.1026.6214730928,83018,384
2014-04-15$17.35$18.0028.1%9.5%27.4%28.9%0.0%4.5%4.5%257.8K-1.2M-140.7K5.1824.45178828,83518,599
2014-04-16$17.58$18.0024.6%9.3%28.0%21.6%33.9%6.1%6.4%295.4K-2.5M-143.9K0.7428.1914310628,76818,495
2014-04-17$17.60$18.0024.3%9.2%26.1%20.9%0.0%10.1%6.7%310.6K-2.6M-140.1K0.2030.091,57332128,76318,512
2014-04-21$17.53$18.0025.0%9.2%26.1%22.5%0.0%3.9%7.2%361.3K-2.8M-136.6K1.8031.6545381626,45816,526
2014-04-22$17.79$18.0024.7%9.2%26.6%21.8%34.0%2.1%5.8%458.6K-5.0M-139.9K0.8333.5195779826,70517,090
2014-04-23$17.79$18.0024.5%9.2%26.6%21.3%33.4%1.2%7.5%452.6K-5.2M-141.6K0.0431.631,6877127,39617,706
2014-04-24$18.00$18.0024.8%9.1%26.0%22.0%33.2%2.2%6.6%588.8K-6.9M-149.0K0.7431.6635426328,40817,744
2014-04-25$17.64$18.0024.6%9.2%26.9%21.5%29.7%-1.1%7.0%442.7K-4.0M-141.8K6.9433.161591,10428,49817,892
2014-04-28$17.47$18.0027.0%9.0%26.9%26.6%0.0%7.4%5.5%277.8K-1.7M-139.8K1.2429.6712916028,61118,860
2014-04-29$17.24$18.0025.7%9.1%26.7%23.9%0.0%5.9%6.7%131.6K755.9K-132.7K0.3232.251344328,72118,965
2014-04-30$17.26$18.0024.8%8.9%26.6%22.0%0.0%4.8%8.0%124.1K977.8K-131.7K1.8634.346411928,74418,999