JBL Options History — July 2018

In July 2018, JBL traded between $27.39 and $29.11. ATM implied volatility averaged 22.8%, placing in the 6.6% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded below realized volatility by 3.5% (HV 20d: 26.2%). Max pain ranged from $27.00 to $28.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.95.

Notable Days

  • 2018-07-06: Highest Volume — 4,577 contracts
  • 2018-07-27: Largest IV spike — 6.1% change
  • 2018-07-02: Highest IV Rank — 17.0%
  • 2018-07-02: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.46$27.39$29.11$27.62$28.20
Max Pain$27.10$27.00$28.00$28.00$27.00
ATM IV22.8%21.4%24.9%24.9%23.1%
Expected Move6.5%6.1%7.1%7.1%6.6%
HV 20d26.2%16.4%35.4%33.1%17.5%
HV 60d23.3%22.4%24.6%24.0%22.4%
IV Rank6.6%0.0%17.0%17.0%8.4%
IV Percentile10.5%0.0%34.5%34.5%13.5%
Term Structure0.1%-1.0%1.1%0.2%-0.1%
VWIV23.7%22.1%25.2%24.8%23.3%
Skew 25d2.5%1.5%3.6%2.0%2.4%
Skew 10d5.9%3.6%10.1%4.1%4.1%
Call IV 25d21.5%20.0%24.0%23.5%21.8%
Put IV 25d24.0%22.4%25.6%25.5%24.2%
Bid-Ask Spread %16.4410.8636.1514.4212.18
Gamma HHI0.210.140.360.150.18
Net GEX606.1K139.0K1.4M378.9K276.4K
Net DEX-7.0M-12.8M-966.5K-2.6M-4.8M
Net VEX-68.8K-76.5K-63.7K-75.2K-66.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.631.610.631.61
Total Volume3,341.5712,2164,5774,0942,723
Total OI18,062.09511,80722,08622,08612,931

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-07-02$27.62$28.0024.9%7.1%33.1%17.0%24.8%2.0%0.2%378.9K-2.6M-75.2K0.6314.422,5061,58815,0497,037
2018-07-03$27.39$28.0024.1%6.9%33.0%13.4%25.1%1.5%0.0%228.7K-966.5K-71.9K0.7019.832,4331,71415,0387,038
2018-07-05$27.71$27.0024.7%6.9%33.2%16.3%25.2%2.3%0.4%330.9K-2.6M-71.5K0.7216.332,4441,76115,0437,000
2018-07-06$28.22$27.0023.5%6.7%33.9%10.3%23.5%2.8%0.0%523.2K-5.5M-72.5K0.6836.152,7231,85415,0077,075
2018-07-09$28.81$27.0022.5%6.4%34.8%5.0%23.6%2.8%-0.1%958.7K-10.6M-76.5K0.8913.501,8651,65714,1266,613
2018-07-10$29.06$27.0022.8%6.5%34.6%6.4%22.9%2.7%-0.2%1.2M-12.8M-76.0K0.7916.392,0351,61314,3216,574
2018-07-11$28.50$27.0023.4%6.9%35.2%9.4%24.2%2.1%1.1%696.4K-7.9M-70.5K0.9415.471,8641,75313,8416,527
2018-07-12$28.74$27.0022.9%6.5%35.3%6.9%23.7%2.9%-0.4%830.1K-9.3M-70.0K0.8116.241,9091,54913,8986,678
2018-07-13$28.66$27.0022.9%6.4%35.4%7.1%24.0%2.2%-1.0%783.1K-8.8M-68.6K0.8314.711,9271,60813,8866,697
2018-07-16$28.71$27.0023.0%6.6%25.8%7.6%24.0%2.8%-0.5%814.4K-8.4M-65.9K0.7920.101,8371,45813,2076,511
2018-07-17$28.86$27.0022.1%6.3%23.7%2.9%23.7%2.1%-0.3%1.1M-10.1M-68.0K0.8917.591,6921,50313,3736,522
2018-07-18$28.83$27.0022.1%6.3%23.4%2.9%23.5%2.4%0.7%946.5K-9.3M-66.3K0.9713.201,6501,59413,3816,545
2018-07-19$29.11$27.0022.1%6.3%23.4%2.9%23.3%3.6%-0.2%1.4M-11.7M-66.5K0.7615.641,7991,36313,4266,554
2018-07-20$28.62$27.0021.5%6.1%24.4%0.0%23.2%3.2%0.8%139.0K-7.0M-64.8K0.8710.861,6381,42113,4636,604
2018-07-23$28.66$27.0022.4%6.4%19.5%4.8%24.1%2.0%-0.0%365.3K-6.5M-64.0K0.9315.111,1471,0697,8273,980
2018-07-24$28.62$27.0021.7%6.3%17.0%1.3%23.8%1.7%0.3%376.1K-6.6M-63.7K0.9215.961,1951,0987,9084,042
2018-07-25$28.78$27.0021.7%6.2%16.4%0.9%23.1%2.9%0.6%404.2K-7.0M-64.1K0.8415.741,9601,6497,9504,096
2018-07-26$28.49$27.0021.4%6.3%16.6%0.0%22.6%2.8%-0.2%408.9K-6.3M-68.2K1.3913.061,2611,7568,6634,627
2018-07-27$28.04$27.0022.7%6.4%17.5%6.7%22.1%1.9%0.5%303.9K-4.4M-66.8K1.4016.951,2151,6978,7044,731
2018-07-30$28.06$27.0023.3%6.6%17.5%9.4%23.6%2.9%0.4%267.6K-4.4M-66.3K1.5215.721,0491,5968,2834,528
2018-07-31$28.20$27.0023.1%6.6%17.5%8.4%23.3%2.4%-0.1%276.4K-4.8M-66.8K1.6112.181,0451,6788,3184,613