JBL Options History — March 2018

In March 2018, JBL traded between $26.52 and $31.41. ATM implied volatility averaged 33.0%, placing in the 34.4% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 3.7% (HV 20d: 29.3%). Max pain ranged from $27.00 to $29.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.34.

Notable Days

  • 2018-03-16: Highest Volume — 23,735 contracts
  • 2018-03-16: Largest IV drop — 40.2% change
  • 2018-03-15: Highest IV Rank — 94.1%
  • 2018-03-02: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.63$26.52$31.41$26.52$28.75
Max Pain$27.90$27.00$29.00$27.00$29.00
ATM IV33.0%23.8%41.0%37.8%27.3%
Expected Move9.3%6.9%13.1%12.5%7.4%
HV 20d29.3%16.1%43.1%25.4%42.1%
HV 60d27.1%22.8%31.4%24.4%31.4%
IV Rank34.4%20.5%94.1%27.6%36.5%
IV Percentile76.7%34.5%99.6%96.0%56.7%
Term Structure-1.2%-3.9%1.4%-3.9%-0.2%
VWIV33.2%25.1%51.5%44.1%26.1%
Skew 25d2.7%1.6%4.9%4.0%2.9%
Skew 10d5.7%3.3%10.2%6.2%4.3%
Call IV 25d32.0%23.8%39.6%36.9%26.2%
Put IV 25d34.6%25.4%42.3%40.9%29.1%
Bid-Ask Spread %32.6214.1991.3291.3222.14
Gamma HHI0.220.140.460.210.23
Net GEX252.5K-362.8K1.1M-362.8K282.1K
Net DEX-11.9M-74.1M1.9M1.9M-6.7M
Net VEX-86.5K-113.3K-69.4K-69.4K-91.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.340.332.731.061.30
Total Volume8,315.8575,03323,7356,3465,365
Total OI27,476.04820,03255,09920,03224,886

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-03-01$26.52$27.0037.8%12.5%25.4%27.6%44.1%4.0%-3.9%-362.8K1.9M-69.4K1.0691.323,0863,26010,2229,810
2018-03-02$27.03$27.0037.6%13.1%25.1%27.4%51.5%4.9%-2.7%-113.4K-1.7M-74.3K1.7268.172,2133,81210,71210,462
2018-03-05$27.11$28.0038.0%10.1%22.0%28.1%36.0%1.8%-1.7%-97.5K-2.0M-74.4K1.7233.361,9753,40310,51910,079
2018-03-06$27.48$27.0037.5%10.3%18.5%27.1%36.5%3.3%-1.7%-68.5K-3.9M-75.3K1.7829.511,9563,48110,68210,646
2018-03-07$27.53$28.0040.1%10.5%18.1%31.0%37.7%3.1%-1.9%-54.6K-4.1M-75.8K2.7324.001,7824,86210,87610,914
2018-03-08$27.81$28.0037.5%10.0%18.0%27.3%36.3%2.4%-1.1%-179.1K-4.0M-78.1K1.8827.051,8333,43911,11512,939
2018-03-09$28.17$28.0037.7%10.0%17.3%27.5%35.8%2.0%-2.8%-281.2K-6.7M-79.2K1.4814.192,1463,16611,43913,876
2018-03-12$28.34$27.0038.2%10.4%16.7%28.3%37.3%2.5%-2.2%-264.7K-6.9M-75.7K1.5627.001,9723,07511,49214,284
2018-03-13$28.27$28.0040.5%11.1%16.5%31.7%38.1%2.0%-1.2%-241.6K-7.7M-77.3K0.3347.9415,5565,14112,01914,269
2018-03-14$28.21$27.0041.0%11.1%16.4%32.5%38.8%2.7%-3.3%645.6K-15.2M-112.4K0.9525.295,4175,12923,34717,828
2018-03-15$28.49$27.0039.8%10.8%16.1%94.1%37.6%2.6%-2.6%1.0M-20.6M-113.3K1.5323.146,68310,21026,31018,434
2018-03-16$31.41$27.0023.8%6.9%36.8%20.5%25.4%1.6%0.0%1.1M-74.1M-86.2K0.5837.6915,0018,73428,61126,488
2018-03-19$31.09$28.0025.6%7.3%37.3%28.8%26.6%2.5%0.9%554.5K-24.9M-88.7K0.7423.945,2563,86414,18210,938
2018-03-20$30.72$28.0025.1%7.2%37.9%26.4%25.2%2.0%0.5%579.8K-22.5M-91.2K1.3117.382,7063,54114,51411,268
2018-03-21$30.58$28.0024.9%7.1%38.0%25.7%25.1%1.6%1.4%640.0K-21.8M-91.9K0.8746.152,6902,34314,88311,443
2018-03-22$29.27$28.0026.8%7.7%42.0%34.3%26.8%2.1%0.2%767.1K-10.3M-93.9K1.7221.522,6024,48414,90911,580
2018-03-23$28.62$29.0027.8%7.9%43.1%39.0%29.2%1.8%0.9%316.7K-4.3M-93.9K1.3034.832,7423,55415,01112,431
2018-03-26$28.80$29.0027.4%7.6%42.6%37.2%26.4%3.2%-1.8%407.7K-6.4M-92.4K0.9520.773,6443,47313,74910,630
2018-03-27$28.69$29.0028.3%7.9%42.7%41.4%27.0%3.0%-0.7%383.3K-5.4M-92.5K1.3824.972,3193,20313,69110,978
2018-03-28$28.28$29.0030.3%8.1%43.0%50.5%28.6%3.8%-1.1%294.5K-3.0M-89.6K1.2124.712,4923,02313,67110,860
2018-03-29$28.75$29.0027.3%7.4%42.1%36.5%26.1%2.9%-0.2%282.1K-6.7M-91.0K1.3022.142,3303,03514,05010,836