JBL Options History — April 2017

In April 2017, JBL traded between $27.98 and $29.54. ATM implied volatility averaged 21.8%, placing in the 3.5% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 1.8% (HV 20d: 20.0%). Max pain ranged from $27.00 to $29.00. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 19 of 19 days. Put/call ratio averaged 0.79.

Notable Days

2017-04-12: Highest Volume — 4,550 contracts
2017-04-24: Largest IV drop — 10.7% change
2017-04-21: Highest IV Rank — 7.4%
2017-04-21: Largest Expected Move — 7.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$28.87	$27.98	$29.54	$28.65	$28.99
Max Pain	$28.11	$27.00	$29.00	$27.00	$29.00
ATM IV	21.8%	19.3%	24.5%	19.6%	21.1%
Expected Move	6.3%	5.6%	7.0%	5.6%	6.0%
HV 20d	20.0%	16.5%	24.1%	20.3%	19.7%
HV 60d	18.7%	17.9%	19.3%	17.9%	19.3%
IV Rank	3.5%	0.0%	7.4%	0.4%	2.5%
IV Percentile	9.1%	0.0%	32.9%	0.4%	6.0%
Term Structure	4.5%	1.4%	6.7%	2.1%	6.7%
VWIV	19.7%	15.8%	24.3%	20.1%	22.4%
Skew 25d	2.7%	1.2%	4.2%	2.3%	2.9%
Skew 10d	6.3%	-6.3%	12.2%	3.6%	0.1%
Call IV 25d	21.1%	19.5%	22.7%	19.5%	20.5%
Put IV 25d	23.8%	21.5%	25.7%	21.8%	23.4%
Bid-Ask Spread %	27.39	15.10	59.82	59.82	27.99
Gamma HHI	0.26	0.17	0.73	0.19	0.18
Net GEX	107.6K	-1.2M	375.3K	260.4K	325.9K
Net DEX	-12.6M	-15.0M	-9.3M	-12.0M	-13.6M
Net VEX	-46.4K	-48.9K	-42.5K	-46.0K	-48.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.79	0.35	2.45	0.66	0.98
Total Volume	2,093.421	1,129	4,550	1,279	1,338
Total OI	13,183.632	11,857	15,490	11,857	12,898

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
2017-04-03	$28.65	$27.00	19.6%	5.6%	20.3%	0.4%	20.1%	2.3%	2.1%	260.4K	-12.0M	-46.0K	0.66	59.82	771	508	6,896	4,961
2017-04-04	$28.56	$27.00	20.1%	5.8%	20.4%	1.1%	18.4%	1.4%	1.4%	262.5K	-12.1M	-45.6K	0.77	27.94	740	569	6,944	4,979
2017-04-05	$27.98	$27.00	19.7%	5.6%	22.2%	0.4%	18.7%	1.6%	2.9%	270.2K	-10.4M	-45.5K	0.83	28.80	685	569	6,939	5,030
2017-04-06	$28.79	$28.00	19.3%	6.0%	23.7%	0.0%	22.2%	4.0%	4.9%	253.6K	-12.3M	-45.3K	0.80	24.86	704	564	6,947	5,059
2017-04-07	$28.76	$28.00	20.1%	6.0%	23.8%	1.1%	21.9%	4.2%	4.6%	253.9K	-12.4M	-44.1K	0.76	19.65	706	536	6,946	5,037
2017-04-10	$28.74	$28.00	20.0%	6.1%	23.9%	1.0%	22.4%	2.8%	5.1%	256.7K	-12.5M	-42.5K	0.74	15.10	729	541	6,935	5,037
2017-04-11	$28.82	$28.00	21.3%	6.4%	23.7%	2.7%	24.0%	4.0%	4.7%	246.4K	-12.6M	-42.6K	2.45	20.38	962	2,356	6,953	5,068
2017-04-12	$28.58	$28.00	22.6%	6.5%	24.1%	4.7%	16.2%	2.8%	5.3%	-15.5K	-10.2M	-48.9K	1.16	25.05	2,104	2,446	8,134	6,212
2017-04-13	$28.31	$28.00	23.5%	6.7%	18.2%	5.9%	17.2%	3.0%	5.0%	88.3K	-9.6M	-48.5K	0.45	20.41	2,052	922	8,359	6,133
2017-04-17	$28.33	$28.00	24.1%	6.9%	17.0%	6.7%	18.2%	3.4%	5.7%	27.0K	-9.3M	-47.0K	0.45	24.47	2,048	922	8,431	6,196
2017-04-18	$28.69	$28.00	23.4%	6.7%	17.4%	5.8%	17.2%	2.5%	4.8%	-95.0K	-11.0M	-46.8K	0.39	26.39	1,831	706	8,421	6,200
2017-04-19	$28.97	$28.00	22.6%	6.5%	16.5%	4.6%	16.1%	3.6%	5.0%	-243.8K	-12.5M	-45.4K	0.37	46.26	1,906	696	8,487	6,201
2017-04-20	$29.44	$28.00	23.6%	6.8%	16.6%	6.1%	15.8%	3.3%	4.1%	-106.3K	-14.8M	-44.2K	0.36	26.75	2,651	951	8,511	6,254
2017-04-21	$29.00	$28.00	24.5%	7.0%	17.5%	7.4%	17.1%	1.7%	2.9%	-1.2M	-15.0M	-47.5K	0.38	29.85	1,796	674	9,420	6,070
2017-04-24	$29.54	$29.00	21.9%	6.3%	18.6%	3.6%	16.3%	3.0%	4.7%	349.3K	-14.5M	-48.3K	0.35	25.57	1,605	566	8,350	4,219
2017-04-25	$29.46	$29.00	23.0%	6.6%	18.7%	5.3%	23.0%	2.9%	4.6%	356.5K	-14.5M	-48.4K	1.04	19.62	554	575	8,428	4,249
2017-04-26	$29.38	$29.00	22.0%	6.3%	18.7%	3.8%	24.3%	1.6%	5.8%	358.8K	-14.5M	-48.2K	0.99	28.67	640	631	8,466	4,249
2017-04-27	$29.47	$29.00	21.8%	6.2%	18.7%	3.5%	23.8%	1.2%	5.2%	375.3K	-14.9M	-48.5K	1.16	22.77	566	655	8,602	4,268
2017-04-28	$28.99	$29.00	21.1%	6.0%	19.7%	2.5%	22.4%	2.9%	6.7%	325.9K	-13.6M	-48.6K	0.98	27.99	675	663	8,601	4,297