JBL Options History — July 2014

In July 2014, JBL traded between $19.96 and $21.12. ATM implied volatility averaged 20.5%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 7.7% (HV 20d: 12.7%). Max pain ranged from $18.00 to $21.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.97.

Notable Days

  • 2014-07-01: Highest Volume — 1,778 contracts
  • 2014-07-29: Largest IV spike — 18.9% change
  • 2014-07-31: Highest IV Rank — 21.4%
  • 2014-07-02: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.74$19.96$21.12$20.95$19.96
Max Pain$19.10$18.00$21.00$18.00$21.00
ATM IV20.5%18.4%23.0%18.8%23.0%
Expected Move8.3%7.6%8.8%8.7%8.1%
HV 20d12.7%10.9%16.6%14.1%16.6%
HV 60d16.8%15.6%20.4%20.4%17.3%
IV Rank16.3%12.2%21.4%12.9%21.4%
IV Percentile6.0%0.8%18.3%1.2%18.3%
Term Structure0.6%-3.0%2.9%1.6%-0.9%
VWIV28.4%25.6%32.0%30.6%27.0%
Skew 25d4.3%0.4%10.1%5.3%10.1%
Skew 10d6.4%-4.4%15.7%6.4%8.2%
Call IV 25d17.6%13.7%20.9%14.5%14.3%
Put IV 25d21.8%16.4%24.4%19.8%24.4%
Bid-Ask Spread %32.8424.6057.0127.6532.09
Gamma HHI0.240.210.340.270.23
Net GEX665.1K475.4K957.4K789.2K485.0K
Net DEX-18.7M-22.9M-11.6M-22.1M-11.6M
Net VEX-133.8K-143.2K-126.4K-143.2K-126.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.055.100.052.02
Total Volume421.318381,7781,778650
Total OI36,454.45532,17639,10838,42033,396

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-07-01$20.95$18.0018.8%8.7%14.1%12.9%30.6%5.3%1.6%789.2K-22.1M-143.2K0.0527.651,6978122,99015,430
2014-07-02$20.99$18.0019.3%8.8%14.1%14.0%0.0%8.3%1.9%737.6K-22.0M-143.1K0.5529.071387623,09615,438
2014-07-03$21.05$18.0018.4%8.3%12.0%12.2%31.7%2.7%2.9%747.9K-22.9M-141.4K0.8127.56685523,11715,496
2014-07-07$21.09$18.0020.4%8.4%11.7%16.1%28.3%2.0%0.8%773.4K-22.9M-139.1K0.5429.4023312523,15815,537
2014-07-08$20.75$18.0022.4%8.6%13.4%20.1%32.0%1.8%0.8%736.8K-20.7M-138.9K1.6024.6033253023,24515,615
2014-07-09$20.76$18.0020.4%8.6%13.2%16.2%27.5%1.9%-0.1%765.7K-20.6M-139.7K5.1035.6113166823,36415,744
2014-07-10$20.62$18.0021.7%8.6%13.4%18.8%27.4%2.8%-0.1%735.1K-19.1M-139.7K1.8631.4611220823,38215,374
2014-07-11$20.72$18.0021.3%8.7%13.2%17.9%28.5%3.4%0.1%745.4K-19.6M-137.6K0.3826.231224623,39515,508
2014-07-14$20.62$18.0020.9%8.6%13.5%17.2%0.0%2.6%0.4%756.3K-19.6M-135.2K0.6230.941177323,38115,543
2014-07-15$20.68$18.0021.4%8.6%13.4%18.2%31.1%7.2%0.3%786.0K-19.7M-135.1K2.4728.234310623,42615,551
2014-07-16$20.58$18.0019.6%8.6%13.2%14.5%30.1%6.8%1.3%705.2K-19.4M-131.2K0.5231.0041921923,44315,567
2014-07-17$20.44$18.0022.3%8.6%13.4%20.0%30.0%5.4%-0.3%538.3K-17.3M-129.3K1.0332.5618318823,00115,319
2014-07-18$20.80$18.0019.1%8.6%11.5%13.4%27.2%8.8%1.5%957.4K-19.9M-129.6K0.6831.7429119923,08215,363
2014-07-21$20.95$0.0020.5%7.7%11.4%16.4%26.5%2.4%0.7%475.4K-16.6M-128.4K0.0757.011,0787919,44212,734
2014-07-22$21.12$20.0020.3%7.8%10.9%15.8%26.7%4.5%0.6%541.9K-18.8M-130.9K0.3038.862657920,20212,807
2014-07-23$21.00$21.0019.7%7.8%11.2%14.7%0.0%1.6%1.0%554.2K-18.3M-130.8K0.3738.28933420,37612,835
2014-07-24$20.79$21.0019.6%7.8%11.6%14.5%26.4%5.5%0.5%558.9K-17.2M-130.8K0.2637.161513920,39712,843
2014-07-25$20.77$21.0019.3%7.6%11.6%14.0%25.6%0.4%0.6%563.2K-16.8M-129.8K0.1835.21781420,45612,858
2014-07-28$20.64$21.0019.1%7.7%11.8%13.6%0.0%5.5%0.8%561.0K-15.8M-129.2K0.4332.76532320,48312,858
2014-07-29$20.48$21.0022.8%7.9%12.0%20.9%26.2%1.2%-3.0%555.5K-15.2M-127.6K0.8231.32746120,50812,866
2014-07-30$20.62$21.0019.7%7.7%12.3%14.7%0.0%3.6%1.1%564.0K-15.7M-126.6K0.5833.83241420,51012,862
2014-07-31$19.96$21.0023.0%8.1%16.6%21.4%27.0%10.1%-0.9%485.0K-11.6M-126.4K2.0232.0921543520,52012,876