JBL Options History — December 2018

In December 2018, JBL traded between $21.52 and $25.22. ATM implied volatility averaged 39.6%, placing in the 77.5% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 7.7% (HV 20d: 31.9%). Max pain ranged from $25.00 to $27.00. Net GEX was positive for 5 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 2.09.

Notable Days

  • 2018-12-19: Highest Volume — 9,527 contracts
  • 2018-12-19: Largest IV drop — 25.5% change
  • 2018-12-17: Highest IV Rank — 100.0%
  • 2018-12-05: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.55$21.52$25.22$25.22$24.76
Max Pain$25.45$25.00$27.00$26.00$25.00
ATM IV39.6%31.8%45.9%37.6%31.8%
Expected Move11.6%9.5%14.2%12.3%9.5%
HV 20d31.9%26.9%37.0%29.2%36.4%
HV 60d32.2%31.4%33.4%31.4%32.4%
IV Rank77.5%47.8%100.0%70.8%47.8%
IV Percentile92.1%69.0%100.0%93.3%69.0%
Term Structure-1.4%-3.2%0.7%-2.0%0.7%
VWIV39.9%33.9%48.8%42.5%34.2%
Skew 25d4.3%2.1%5.6%4.7%5.1%
Skew 10d8.9%-0.7%25.1%10.0%9.6%
Call IV 25d37.5%29.7%43.9%34.3%29.7%
Put IV 25d41.8%34.8%48.5%39.0%34.8%
Bid-Ask Spread %35.8013.4358.4247.8855.23
Gamma HHI0.170.140.200.150.19
Net GEX-78.1K-260.6K86.2K68.7K64.2K
Net DEX-1.4M-8.0M6.6M-7.8M-8.0M
Net VEX-123.4K-136.0K-110.1K-136.0K-127.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.090.1712.940.660.60
Total Volume2,452.952389,527238512
Total OI23,907.1519,77028,45222,69421,602

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-12-03$25.22$26.0037.6%12.3%29.2%70.8%42.5%4.7%-2.0%68.7K-7.8M-136.0K0.6647.881439515,3827,312
2018-12-04$24.55$26.0038.8%14.0%30.5%75.4%48.2%3.1%-2.2%-1.5K-4.9M-132.9K1.3019.3933042815,4787,392
2018-12-05$24.47$26.0039.2%14.2%30.4%77.1%48.8%3.8%-2.6%10.0K-4.2M-130.4K1.3022.1433243015,4787,392
2018-12-06$24.33$27.0040.5%10.9%29.8%82.0%37.1%3.8%-1.3%-26.9K-3.3M-132.4K1.7858.4222339715,7137,679
2018-12-07$23.91$27.0040.6%11.1%30.2%82.3%38.7%3.7%-2.0%86.2K-2.4M-127.2K1.3548.3241055515,8277,532
2018-12-10$23.18$26.0044.6%12.3%31.4%97.5%43.3%4.5%-1.0%33.8K-665.1K-123.2K12.9417.232302,97716,0237,422
2018-12-11$23.22$26.0044.7%12.3%27.7%97.8%41.9%3.7%-1.1%-83.4K1.2M-125.0K5.3045.532471,30816,0799,199
2018-12-12$22.97$25.0043.3%12.0%26.9%92.4%41.6%2.1%-1.5%-199.7K3.1M-125.8K2.1651.8239184516,15210,062
2018-12-13$22.27$25.0044.0%12.6%28.4%95.4%41.7%4.5%-0.2%-260.6K5.7M-117.8K2.2432.6742695516,27810,175
2018-12-14$21.80$25.0043.8%12.3%27.6%94.6%39.9%3.2%-1.4%-176.8K6.6M-113.8K0.8713.431,06893416,2629,757
2018-12-17$21.52$25.0045.9%13.0%27.1%100.0%42.1%3.4%-2.6%-163.0K5.5M-110.1K2.5158.0429273315,1069,004
2018-12-18$22.27$25.0045.6%13.0%28.6%99.2%44.5%4.6%-3.2%-155.3K3.3M-113.4K1.0357.101,4021,44615,3588,911
2018-12-19$23.59$25.0034.0%9.7%36.0%55.9%34.2%4.3%-0.5%-51.4K-2.6M-122.8K1.2735.184,1975,33016,30010,021
2018-12-20$23.90$25.0034.1%9.8%35.9%56.2%34.1%5.1%-1.1%-133.0K-3.0M-123.4K0.5935.913,9792,33716,26911,817
2018-12-21$23.44$25.0035.2%10.2%36.3%60.3%33.9%5.5%-1.9%-235.7K57.3K-118.5K0.4924.583,8551,88616,50211,950
2018-12-24$23.23$25.0037.9%11.2%36.0%70.5%37.9%5.6%-0.6%-130.6K-1.5M-117.3K0.1717.863,64563412,5097,261
2018-12-26$23.81$25.0036.9%11.0%37.0%66.8%38.7%5.4%-0.7%-89.4K-4.1M-121.8K3.3817.774101,38412,5767,319
2018-12-27$24.13$25.0037.1%10.9%35.7%67.3%38.9%5.1%-1.3%-96.5K-4.9M-123.4K1.4816.589541,41612,7588,432
2018-12-28$24.43$25.0035.6%10.4%36.1%61.7%36.7%4.3%-1.6%-20.2K-6.9M-125.0K0.3540.951,42250113,3718,483
2018-12-31$24.76$25.0031.8%9.5%36.4%47.8%34.2%5.1%0.7%64.2K-8.0M-127.5K0.6055.2331919313,5338,069