JBL Options History — March 2019

In March 2019, JBL traded between $26.43 and $28.62. ATM implied volatility averaged 28.1%, placing in the 33.9% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 9.9% (HV 20d: 18.2%). Max pain ranged from $26.00 to $27.50. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.19.

Notable Days

  • 2019-03-15: Highest Volume — 13,127 contracts
  • 2019-03-15: Largest IV drop — 40.2% change
  • 2019-03-07: Highest IV Rank — 64.0%
  • 2019-03-08: Largest Expected Move — 17.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.33$26.43$28.62$28.62$26.55
Max Pain$26.75$26.00$27.50$27.00$27.00
ATM IV28.1%20.8%36.2%32.9%22.5%
Expected Move9.3%5.9%17.7%11.8%6.2%
HV 20d18.2%16.4%19.4%16.4%18.6%
HV 60d26.3%23.7%29.2%29.2%23.7%
IV Rank33.9%6.7%64.0%51.9%13.0%
IV Percentile46.3%3.2%88.5%79.4%12.7%
Term Structure-1.2%-2.6%0.7%-2.2%-0.7%
VWIV31.5%19.5%61.7%41.6%19.6%
Skew 25d3.2%1.7%5.1%3.9%1.9%
Skew 10d6.7%-1.6%11.8%7.5%3.2%
Call IV 25d26.6%19.1%35.6%31.3%22.2%
Put IV 25d29.8%21.9%39.3%35.2%24.2%
Bid-Ask Spread %36.9918.0990.0757.3023.61
Gamma HHI0.190.140.250.190.23
Net GEX-28.4K-474.5K359.8K335.5K-64.8K
Net DEX-8.1M-16.6M586.6K-16.6M-4.5M
Net VEX-131.8K-141.5K-121.6K-122.0K-134.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.190.225.860.440.25
Total Volume1,82717613,1271,315760
Total OI20,532.42916,64532,52820,12917,154

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-03-01$28.62$27.0032.9%11.8%16.4%51.9%41.6%3.9%-2.2%335.5K-16.6M-122.0K0.4457.3091639910,7539,376
2019-03-04$28.59$27.0033.5%13.7%16.4%54.0%47.6%3.8%-1.9%338.7K-16.6M-125.6K0.5739.821126411,1058,120
2019-03-05$28.40$27.0033.2%13.9%16.8%52.9%48.5%3.4%-1.9%359.8K-16.2M-125.0K0.6457.9517110911,1598,155
2019-03-06$28.01$27.0033.9%15.3%17.8%55.4%52.8%5.1%-2.1%323.0K-15.1M-124.1K1.2724.8917121711,2318,226
2019-03-07$27.31$27.5036.2%17.0%18.0%64.0%58.5%5.0%-0.9%185.0K-11.9M-125.1K5.8618.356613,87511,2638,358
2019-03-08$27.04$27.5035.6%17.7%18.0%62.0%61.7%2.3%-2.6%-189.8K-6.3M-130.8K1.7421.245831,01211,62711,956
2019-03-11$27.53$26.0035.5%8.5%19.1%61.5%28.5%2.5%-2.5%-184.3K-8.9M-128.9K1.9124.3118535311,72312,112
2019-03-12$27.39$26.0036.0%9.1%18.9%63.5%0.0%4.0%-1.3%-252.7K-7.9M-128.7K0.6818.0941227911,83912,456
2019-03-13$27.63$26.0034.7%8.5%18.0%58.6%29.9%3.1%-2.4%-160.7K-9.9M-127.6K1.3022.021,6462,13512,11712,679
2019-03-14$27.40$26.0035.6%8.8%17.3%61.7%29.0%4.7%-1.9%-325.5K-6.8M-128.0K1.4023.822,4323,40713,19714,876
2019-03-15$27.14$26.0021.3%7.3%17.4%8.5%25.5%2.8%-0.9%-41.9K586.6K-121.6K3.6736.052,81310,31415,12217,406
2019-03-18$26.88$0.0021.1%6.1%17.6%7.9%22.6%1.7%-0.5%-112.3K-4.9M-138.6K0.3068.012928711,1636,883
2019-03-19$27.28$26.0021.0%6.2%18.4%7.4%20.5%2.5%-0.5%-9.9K-6.9M-140.9K0.2220.544289411,3896,935
2019-03-20$27.15$27.0021.2%6.5%18.2%8.2%21.3%2.7%0.7%-63.5K-6.7M-140.2K0.2490.074009511,4356,947
2019-03-21$27.60$27.0020.8%5.9%19.4%6.7%20.8%3.4%-0.2%168.7K-9.0M-141.5K0.4132.5447819511,5806,922
2019-03-22$26.96$27.0022.5%6.6%19.2%13.1%22.2%3.0%-0.5%-474.5K-5.2M-139.3K1.0152.1442543111,6096,918
2019-03-25$26.90$27.0022.9%6.5%19.2%14.4%20.9%2.6%-0.8%-83.5K-5.6M-138.6K0.7547.4413810310,2896,356
2019-03-26$26.64$27.0023.7%6.4%19.2%17.5%19.5%3.3%-0.8%-108.3K-4.6M-136.3K1.0529.6527128410,3646,398
2019-03-27$26.45$27.0023.1%6.7%18.5%15.2%20.2%2.6%-0.3%-120.5K-3.8M-135.5K0.7341.8038928510,4826,451
2019-03-28$26.43$27.0023.0%6.6%18.6%14.9%19.7%2.6%-0.8%-115.1K-3.3M-135.1K0.4727.1864330310,5756,475
2019-03-29$26.55$27.0022.5%6.2%18.6%13.0%19.6%1.9%-0.7%-64.8K-4.5M-134.8K0.2523.6160815210,6806,474