JBL Options History — April 2019

In April 2019, JBL traded between $28.16 and $31.16. ATM implied volatility averaged 22.7%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded below realized volatility by 2.9% (HV 20d: 25.6%). Max pain ranged from $27.00 to $29.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.32.

Notable Days

  • 2019-04-02: Highest Volume — 6,469 contracts
  • 2019-04-30: Largest IV spike — 6.8% change
  • 2019-04-30: Highest IV Rank — 20.3%
  • 2019-04-30: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.93$28.16$31.16$28.16$30.20
Max Pain$27.71$27.00$29.00$27.00$29.00
ATM IV22.7%21.3%24.4%22.2%24.4%
Expected Move6.5%6.2%7.1%6.2%7.1%
HV 20d25.6%16.1%29.0%29.0%16.1%
HV 60d21.4%20.7%23.2%23.2%21.3%
IV Rank13.7%8.8%20.3%11.9%20.3%
IV Percentile18.6%7.1%34.5%12.3%34.5%
Term Structure-0.1%-1.4%1.5%0.9%-0.6%
VWIV22.9%21.5%24.9%22.1%23.9%
Skew 25d2.7%1.7%4.0%2.9%2.9%
Skew 10d5.3%-3.7%10.8%7.9%10.1%
Call IV 25d21.3%19.0%22.5%20.7%21.9%
Put IV 25d23.9%22.9%25.9%23.6%24.8%
Bid-Ask Spread %43.6818.0175.8242.0049.19
Gamma HHI0.250.210.310.230.23
Net GEX284.2K69.2K402.2K69.2K380.0K
Net DEX-19.4M-26.4M-11.5M-11.5M-19.6M
Net VEX-157.8K-175.3K-139.0K-139.0K-152.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.012.610.301.13
Total Volume1,091.2381106,4691,5681,727
Total OI23,223.57116,63924,68316,63923,594

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$28.16$27.0022.2%6.2%29.0%11.9%22.1%2.9%0.9%69.2K-11.5M-139.0K0.3042.001,20836010,3566,283
2019-04-02$28.35$27.0021.3%6.4%29.0%8.8%23.0%4.0%-0.5%170.5K-13.1M-143.1K2.6124.251,7904,67911,2966,578
2019-04-03$28.57$27.0022.1%6.6%28.7%11.4%23.7%1.9%0.5%138.1K-12.4M-175.3K0.1568.021,44020913,64111,042
2019-04-04$28.88$27.0021.7%6.4%27.1%10.0%23.5%3.7%1.5%273.2K-14.1M-172.9K0.1519.701,46622613,54411,084
2019-04-05$29.06$27.0022.1%6.5%26.7%11.8%23.6%2.5%0.6%402.2K-15.3M-172.5K0.2534.7688722113,59711,080
2019-04-08$29.39$27.0021.6%6.6%26.3%9.7%22.7%3.6%1.5%267.3K-16.6M-169.0K0.2764.27962613,28410,538
2019-04-09$29.19$27.0022.9%6.6%26.4%14.6%22.5%2.2%0.2%275.1K-15.3M-169.9K0.2134.191683613,28110,555
2019-04-10$29.60$27.0022.8%6.3%26.6%14.3%22.9%1.9%-1.0%292.9K-18.0M-165.4K0.1375.323324413,33110,577
2019-04-11$29.71$27.0022.6%6.4%26.3%13.3%22.9%1.7%-0.3%334.3K-18.8M-164.9K0.1138.515616013,50610,587
2019-04-12$30.26$27.0021.8%6.3%26.2%10.6%22.4%1.8%-0.3%323.0K-22.1M-162.5K0.1071.336876613,65710,608
2019-04-15$30.27$27.0022.7%6.6%25.7%13.8%22.2%3.3%-0.6%329.4K-21.6M-160.9K0.0966.474233813,50210,133
2019-04-16$30.87$27.0022.6%6.5%26.0%13.6%21.9%2.3%-0.1%285.0K-24.8M-153.0K0.0728.829356113,71110,156
2019-04-17$30.95$27.0023.2%6.6%25.7%15.5%23.3%2.5%-0.4%321.4K-25.7M-150.4K0.1832.2184415413,79610,176
2019-04-18$31.16$28.0022.7%6.5%25.4%14.0%22.8%2.3%-0.1%302.8K-26.4M-151.7K0.3575.8289031213,89710,251
2019-04-22$30.78$29.0023.3%6.6%24.0%16.1%21.5%2.0%-0.8%272.2K-22.6M-151.1K0.0147.91109113,3339,732
2019-04-23$30.96$29.0022.4%6.4%23.7%12.8%21.9%3.4%-0.2%283.2K-24.0M-149.4K0.0165.52200313,4239,733
2019-04-24$31.10$29.0023.4%6.4%22.9%16.5%21.8%2.1%-1.4%277.8K-24.7M-147.6K0.1220.583353913,4869,735
2019-04-25$30.38$29.0023.8%6.9%25.0%18.1%24.9%3.3%-0.5%327.2K-20.3M-155.0K0.2518.0165916413,6359,756
2019-04-26$30.40$29.0023.2%6.6%24.9%15.5%23.6%2.9%-0.4%282.0K-20.6M-155.6K0.2121.7191819213,9059,837
2019-04-29$30.28$29.0022.9%6.7%25.2%14.6%24.2%2.6%0.3%360.5K-19.9M-152.2K0.1118.713143613,7699,710
2019-04-30$30.20$29.0024.4%7.1%16.1%20.3%23.9%2.9%-0.6%380.0K-19.6M-152.3K1.1349.1980991813,8489,746