JBL Options History — August 2018

In August 2018, JBL traded between $27.62 and $29.69. ATM implied volatility averaged 24.9%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 10.0% (HV 20d: 15.0%). Max pain ranged from $27.00 to $28.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 1.18.

Notable Days

  • 2018-08-09: Highest Volume — 4,935 contracts
  • 2018-08-20: Largest IV spike — 20.6% change
  • 2018-08-27: Highest IV Rank — 57.5%
  • 2018-08-31: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.49$27.62$29.69$28.21$29.60
Max Pain$27.87$27.00$28.00$27.00$28.00
ATM IV24.9%19.0%31.7%22.0%30.7%
Expected Move8.1%5.9%9.2%6.3%9.2%
HV 20d15.0%12.4%18.9%17.1%18.8%
HV 60d22.9%22.4%24.0%22.4%23.9%
IV Rank25.7%0.0%57.5%3.0%53.0%
IV Percentile29.3%0.0%66.7%2.8%63.9%
Term Structure1.8%-2.3%11.6%-0.0%-2.3%
VWIV28.4%22.6%31.5%23.1%31.5%
Skew 25d2.8%1.6%6.6%3.4%3.5%
Skew 10d5.6%-11.4%12.6%6.1%5.5%
Call IV 25d23.7%18.3%30.9%20.2%30.3%
Put IV 25d26.6%20.5%33.9%23.6%33.9%
Bid-Ask Spread %29.7711.0777.4660.3925.98
Gamma HHI0.160.120.230.150.14
Net GEX222.2K50.4K473.0K230.2K395.1K
Net DEX-4.9M-12.8M542.5K-4.6M-11.7M
Net VEX-70.0K-73.8K-63.9K-66.5K-72.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.741.871.551.12
Total Volume3,335.4782,5144,9352,6873,784
Total OI16,546.04312,67119,88613,14219,886

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-08-01$28.21$27.0022.0%6.3%17.1%3.0%23.1%3.4%-0.0%230.2K-4.6M-66.5K1.5560.391,0551,6328,4024,740
2018-08-02$28.44$27.0020.4%6.2%16.9%0.0%22.7%2.3%1.1%335.6K-5.6M-66.7K1.5413.251,0421,6028,4334,775
2018-08-03$28.60$27.0021.6%5.9%15.8%5.5%22.6%2.3%-0.3%403.0K-6.0M-65.3K1.4211.071,1321,6108,2884,780
2018-08-06$28.41$28.0020.5%7.6%14.1%0.3%25.9%1.9%0.0%347.9K-5.3M-63.9K1.0518.651,2261,2888,1314,540
2018-08-07$28.76$28.0019.1%7.2%14.4%0.0%25.8%2.5%0.4%360.3K-6.5M-65.0K1.8741.101,0962,0528,2984,753
2018-08-08$28.69$28.0019.0%7.3%12.6%0.0%25.4%1.9%1.0%111.8K-5.2M-66.6K1.0244.201,6241,6628,3165,632
2018-08-09$28.44$28.0019.9%8.4%12.6%3.9%28.8%2.5%0.0%75.3K-4.0M-68.2K0.8873.002,6212,3148,8335,920
2018-08-10$28.08$28.0020.3%8.5%13.4%6.2%29.6%2.3%0.4%153.2K-2.1M-72.6K0.9528.481,7321,6549,7826,826
2018-08-13$28.01$28.0021.4%8.2%13.3%10.8%29.0%2.7%7.5%60.3K-1.6M-71.3K0.8620.401,5831,3619,7626,849
2018-08-14$28.14$28.0020.8%8.2%13.3%8.3%29.2%2.2%7.9%61.9K-2.8M-72.3K0.8321.581,5511,2859,9246,977
2018-08-15$27.74$28.0021.0%8.1%14.1%9.0%28.6%2.6%7.1%62.3K-211.4K-70.4K0.7423.501,8251,3569,9967,051
2018-08-16$27.62$28.0021.6%7.7%13.4%11.9%27.5%3.4%6.4%120.9K542.5K-67.7K1.0919.111,5591,70510,2167,114
2018-08-17$27.69$28.0023.5%8.7%12.4%20.3%31.1%2.2%11.6%135.3K484.1K-69.2K1.2038.451,9592,35510,3227,213
2018-08-20$28.08$28.0028.3%8.7%13.5%42.2%30.9%6.6%0.7%129.9K-2.4M-72.4K1.4621.431,4832,17110,1617,426
2018-08-21$28.34$28.0029.0%8.7%14.0%45.6%30.0%3.1%1.1%194.6K-4.0M-72.9K1.2519.231,4971,87110,2207,283
2018-08-22$28.36$28.0029.9%8.6%13.8%49.6%31.2%3.8%1.0%203.8K-4.2M-73.2K1.2477.461,5041,85810,4467,439
2018-08-23$27.95$28.0029.5%8.4%14.3%47.7%29.0%1.6%1.9%63.4K-1.8M-71.3K1.3828.001,4431,99010,4657,681
2018-08-24$28.12$28.0030.8%8.7%13.4%53.4%31.0%2.6%1.0%50.4K-2.0M-72.5K1.3716.131,4762,02410,5077,893
2018-08-27$28.88$28.0031.7%9.0%16.4%57.5%31.5%2.8%-1.3%299.7K-7.3M-73.2K0.8718.602,0361,77510,2927,945
2018-08-28$29.69$28.0030.8%8.3%18.8%53.6%29.0%3.4%-1.9%431.6K-12.0M-70.2K1.0634.591,6511,74210,2708,206
2018-08-29$29.64$28.0030.9%9.2%18.9%54.0%30.4%2.1%-1.7%473.0K-12.8M-73.8K1.1215.371,6031,79710,8968,405
2018-08-30$29.68$28.0031.2%9.0%18.7%55.3%30.4%2.9%-1.3%412.3K-12.1M-71.1K1.2514.821,3891,74110,5878,678
2018-08-31$29.60$28.0030.7%9.2%18.8%53.0%31.5%3.5%-2.3%395.1K-11.7M-72.6K1.1225.981,7832,00110,9658,921