JBL Options History — February 2018

In February 2018, JBL traded between $24.52 and $27.36. ATM implied volatility averaged 33.9%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 6.6% (HV 20d: 27.3%). Max pain ranged from $27.00 to $27.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 1.04.

Notable Days

2018-02-20: Highest Volume — 6,411 contracts
2018-02-05: Largest IV spike — 25.0% change
2018-02-13: Highest IV Rank — 25.7%
2018-02-28: Largest Expected Move — 12.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$26.02	$24.52	$27.36	$26.02	$27.15
Max Pain	$27.00	$27.00	$27.00	$27.00	$27.00
ATM IV	33.9%	28.1%	36.5%	28.1%	34.9%
Expected Move	10.6%	9.5%	12.0%	9.5%	12.0%
HV 20d	27.3%	24.5%	30.2%	25.1%	24.7%
HV 60d	23.9%	23.2%	24.3%	23.2%	24.0%
IV Rank	21.8%	13.2%	25.7%	13.2%	23.3%
IV Percentile	83.2%	61.5%	95.6%	61.5%	86.9%
Term Structure	0.6%	-2.0%	6.2%	0.2%	-1.1%
VWIV	36.9%	30.6%	43.1%	36.0%	43.1%
Skew 25d	3.9%	-0.3%	5.4%	3.4%	3.3%
Skew 10d	11.2%	5.4%	25.1%	8.8%	8.4%
Call IV 25d	32.4%	26.3%	38.1%	26.3%	33.9%
Put IV 25d	36.3%	29.7%	41.6%	29.7%	37.2%
Bid-Ask Spread %	29.93	16.11	72.29	72.29	31.48
Gamma HHI	0.23	0.18	0.27	0.27	0.23
Net GEX	-428.3K	-883.9K	-315.5K	-883.9K	-326.9K
Net DEX	6.1M	-2.8M	18.4M	8.7M	-1.8M
Net VEX	-50.0K	-67.7K	-42.6K	-53.1K	-67.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.04	0.68	1.68	1.51	1.08
Total Volume	4,188.632	2,735	6,411	5,764	5,545
Total OI	15,493.632	13,639	18,925	16,123	18,925

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
2018-02-01	$26.02	$27.00	28.1%	9.5%	25.1%	13.2%	36.0%	3.4%	0.2%	-883.9K	8.7M	-53.1K	1.51	72.29	2,293	3,471	5,875	10,248
2018-02-02	$25.25	$27.00	28.5%	9.9%	26.6%	13.7%	30.6%	3.5%	-0.4%	-420.0K	18.4M	-47.7K	1.17	23.61	2,342	2,741	6,501	12,134
2018-02-05	$24.52	$27.00	35.6%	10.9%	28.1%	24.4%	36.6%	-0.3%	2.4%	-380.0K	11.7M	-42.6K	0.84	36.96	1,484	1,251	5,418	8,692
2018-02-06	$24.93	$27.00	33.7%	10.6%	29.1%	21.5%	34.9%	4.8%	4.0%	-398.3K	10.7M	-44.7K	0.77	26.90	1,736	1,344	5,432	8,702
2018-02-07	$25.26	$27.00	29.9%	10.4%	29.8%	15.8%	34.7%	3.2%	6.2%	-398.8K	9.3M	-46.3K	0.85	22.88	1,786	1,527	5,653	8,789
2018-02-08	$25.01	$27.00	34.6%	11.2%	29.8%	22.8%	35.3%	3.9%	5.2%	-375.7K	9.8M	-46.5K	0.79	25.76	1,721	1,368	5,767	9,033
2018-02-09	$25.47	$27.00	35.3%	11.2%	29.8%	24.0%	38.5%	5.4%	5.8%	-327.1K	8.9M	-47.6K	1.20	24.15	2,012	2,408	5,879	9,089
2018-02-12	$25.84	$27.00	36.1%	10.8%	30.2%	25.1%	38.0%	5.3%	-0.2%	-410.3K	6.7M	-47.1K	0.79	34.16	1,954	1,534	5,670	8,734
2018-02-13	$25.73	$27.00	36.5%	10.7%	30.2%	25.7%	36.8%	5.3%	-0.3%	-452.3K	7.4M	-46.4K	0.81	22.33	1,910	1,556	5,853	8,989
2018-02-14	$26.12	$27.00	35.1%	10.1%	28.1%	23.7%	35.1%	5.1%	-0.3%	-442.3K	5.4M	-46.6K	0.78	30.21	1,973	1,534	5,921	8,986
2018-02-15	$26.44	$27.00	35.0%	10.1%	28.5%	23.4%	34.1%	5.0%	-0.7%	-387.6K	4.0M	-47.1K	0.70	16.11	1,840	1,291	5,898	8,989
2018-02-16	$26.43	$27.00	34.7%	10.1%	27.7%	23.0%	34.2%	3.7%	-2.0%	-456.7K	4.1M	-46.8K	0.68	29.21	1,885	1,282	5,956	9,037
2018-02-20	$26.42	$27.00	34.7%	10.3%	25.7%	23.0%	36.8%	3.6%	-0.8%	-459.9K	4.8M	-44.3K	1.32	33.12	2,768	3,643	5,284	8,355
2018-02-21	$26.37	$27.00	35.1%	10.2%	24.8%	23.6%	38.0%	2.8%	-1.1%	-430.2K	4.1M	-50.8K	1.43	19.72	1,654	2,359	6,612	8,948
2018-02-22	$26.34	$27.00	34.9%	10.2%	24.7%	23.4%	37.6%	3.3%	-1.7%	-384.2K	4.1M	-50.0K	1.68	27.45	1,579	2,656	6,769	8,651
2018-02-23	$26.61	$27.00	34.6%	10.7%	24.9%	22.9%	40.4%	4.5%	-1.7%	-467.2K	3.3M	-51.5K	0.91	20.55	2,820	2,556	6,838	8,999
2018-02-26	$27.17	$27.00	33.2%	11.0%	25.7%	20.8%	40.0%	3.8%	-1.0%	-421.7K	-230.8K	-60.0K	1.17	32.00	2,088	2,450	7,590	8,770
2018-02-27	$27.36	$27.00	33.4%	10.9%	24.5%	21.0%	39.4%	3.9%	-1.4%	-315.5K	-2.8M	-63.9K	1.27	39.84	2,301	2,922	8,479	8,914
2018-02-28	$27.15	$27.00	34.9%	12.0%	24.7%	23.3%	43.1%	3.3%	-1.1%	-326.9K	-1.8M	-67.7K	1.08	31.48	2,665	2,880	9,527	9,398