JBL Options History — August 2019

In August 2019, JBL traded between $25.98 and $30.11. ATM implied volatility averaged 31.3%, placing in the 44.2% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 0.6% (HV 20d: 30.7%). Max pain ranged from $29.00 to $31.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.70.

Notable Days

  • 2019-08-29: Highest Volume — 2,309 contracts
  • 2019-08-23: Largest IV spike — 17.9% change
  • 2019-08-28: Highest IV Rank — 80.9%
  • 2019-08-14: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.80$25.98$30.11$30.11$28.73
Max Pain$29.39$29.00$31.00$30.50$29.00
ATM IV31.3%25.4%40.9%25.4%38.5%
Expected Move8.3%7.6%9.1%7.6%8.2%
HV 20d30.7%17.1%46.5%17.1%45.6%
HV 60d33.7%32.4%36.2%33.1%36.2%
IV Rank44.2%23.8%80.9%23.8%71.2%
IV Percentile60.2%34.9%95.6%34.9%88.9%
Term Structure1.5%-2.4%11.3%-0.8%-2.4%
VWIV28.0%21.7%31.9%23.5%27.7%
Skew 25d3.9%2.8%5.5%3.3%3.8%
Skew 10d9.1%-0.1%18.8%10.6%8.4%
Call IV 25d29.2%23.4%37.9%23.4%36.5%
Put IV 25d33.1%26.7%43.4%26.7%40.3%
Bid-Ask Spread %68.9836.5881.9176.2579.90
Gamma HHI0.240.190.380.190.21
Net GEX404.7K280.2K615.7K437.4K514.1K
Net DEX-12.5M-20.3M-8.5M-18.0M-20.3M
Net VEX-130.0K-138.8K-122.1K-138.8K-134.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.024.610.280.37
Total Volume757.4091792,3092,053899
Total OI17,776.22717,37918,78917,40218,789

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$30.11$30.5025.4%7.6%17.1%23.8%23.5%3.3%-0.8%437.4K-18.0M-138.8K0.2876.251,60644713,8513,551
2019-08-02$29.13$31.0027.0%8.2%20.2%29.8%26.9%3.2%-0.7%364.8K-14.1M-136.9K0.9880.0441240214,1953,581
2019-08-05$28.04$30.0031.1%8.6%23.4%45.1%29.6%3.9%1.2%321.0K-11.7M-132.0K0.4271.6229612314,1213,258
2019-08-06$27.80$30.0030.0%8.3%23.3%40.9%27.6%4.7%-0.5%346.7K-11.0M-130.4K0.1174.215125814,3093,244
2019-08-07$28.10$30.0030.4%8.9%23.9%42.4%29.9%3.3%0.9%416.4K-12.1M-131.9K0.8571.5237732214,5283,261
2019-08-08$28.71$30.0028.5%7.7%25.2%35.3%23.1%3.1%-1.0%373.5K-14.1M-133.2K0.4153.4026110814,6113,493
2019-08-09$28.30$30.0028.4%8.2%24.4%33.0%28.3%3.3%0.7%538.1K-12.7M-131.4K0.2169.3462513214,8553,464
2019-08-12$27.95$29.0030.4%8.5%24.6%40.0%30.2%3.6%-0.8%407.5K-11.5M-129.7K0.4936.5821910714,1203,288
2019-08-13$28.74$29.0028.3%7.7%27.2%31.7%28.3%4.0%-1.7%420.1K-14.5M-131.8K2.7781.918222714,3483,312
2019-08-14$27.49$29.0031.8%9.1%30.9%45.2%31.9%3.9%-0.2%280.2K-10.1M-128.3K1.5274.2738057714,0253,484
2019-08-15$26.80$29.0031.7%9.0%31.6%44.8%31.3%2.8%-0.6%281.0K-8.7M-125.6K0.7574.2913410114,3603,452
2019-08-16$27.48$29.0028.9%8.4%33.4%34.2%26.5%4.5%0.1%313.6K-11.1M-127.2K4.6171.3112859014,4303,376
2019-08-19$27.80$29.0026.9%7.7%33.8%26.0%29.3%4.5%7.5%323.2K-12.5M-130.6K0.2759.493579813,8763,577
2019-08-20$27.39$29.0027.4%7.8%33.5%28.3%21.7%4.3%11.3%343.3K-11.2M-128.5K0.4741.641225714,0683,588
2019-08-21$27.55$29.0026.9%7.7%33.5%26.3%27.0%3.2%8.5%386.6K-11.8M-129.4K0.0766.835203514,1783,655
2019-08-22$27.85$29.0028.3%7.6%34.0%31.6%26.6%3.7%8.7%615.7K-14.0M-130.3K0.0969.773903714,6053,575
2019-08-23$26.73$29.0033.3%8.7%36.0%51.3%28.0%3.6%8.8%366.1K-9.3M-126.2K0.1172.237578614,8633,588
2019-08-26$26.55$29.0037.9%8.9%35.9%69.1%27.3%4.9%-1.2%423.9K-10.3M-126.6K0.0274.191,0272214,1423,275
2019-08-27$25.98$29.0039.1%8.9%35.8%73.9%31.8%4.5%-1.4%374.4K-8.5M-122.1K0.0973.287897114,2083,255
2019-08-28$26.15$29.0040.9%8.7%36.2%80.9%30.6%5.5%-1.4%468.0K-9.1M-122.7K0.3971.4762124014,4023,287
2019-08-29$28.29$29.0037.4%8.2%46.5%67.0%27.9%4.6%-0.9%587.1K-17.3M-130.7K0.1674.091,98932014,3953,234
2019-08-30$28.73$29.0038.5%8.2%45.6%71.2%27.7%3.8%-2.4%514.1K-20.3M-134.8K0.3779.9065624315,3403,449