JBL Options History — November 2019

In November 2019, JBL traded between $37.19 and $39.62. ATM implied volatility averaged 31.9%, placing in the 44.5% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 12.0% (HV 20d: 19.9%). Max pain ranged from $31.00 to $37.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.53.

Notable Days

  • 2019-11-06: Highest Volume — 7,078 contracts
  • 2019-11-13: Largest IV spike — 18.4% change
  • 2019-11-20: Highest IV Rank — 65.8%
  • 2019-11-29: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.89$37.19$39.62$37.19$38.94
Max Pain$35.85$31.00$37.00$36.00$37.00
ATM IV31.9%25.4%37.3%25.4%36.1%
Expected Move10.1%7.5%11.7%7.5%11.7%
HV 20d19.9%18.4%24.1%21.8%18.4%
HV 60d31.7%27.0%35.5%35.3%27.0%
IV Rank44.5%18.3%65.8%18.3%61.0%
IV Percentile57.8%26.2%79.8%26.2%75.0%
Term Structure1.6%-3.3%7.7%-0.6%-1.4%
VWIV34.5%24.8%39.8%24.8%39.8%
Skew 25d3.5%1.2%5.7%2.6%3.1%
Skew 10d8.6%-0.2%14.5%7.0%8.0%
Call IV 25d29.9%23.5%35.3%23.9%35.3%
Put IV 25d33.3%26.5%39.0%26.5%38.4%
Bid-Ask Spread %24.1611.0369.5030.8022.41
Gamma HHI0.120.100.190.100.16
Net GEX1.2M781.0K1.7M781.0K1.4M
Net DEX-46.9M-55.7M-38.0M-38.0M-45.6M
Net VEX-139.1K-149.0K-117.1K-125.3K-149.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.072.060.690.70
Total Volume1,122.31737,078509224
Total OI26,158.8521,92528,79823,03728,793

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-11-01$37.19$36.0025.4%7.5%21.8%18.3%24.8%2.6%-0.6%781.0K-38.0M-125.3K0.6930.8030220716,0756,962
2019-11-04$38.38$31.0025.4%9.7%24.1%18.3%33.7%3.4%4.6%922.8K-43.4M-117.8K0.3619.5690332715,7066,219
2019-11-05$38.97$31.0025.6%9.7%20.9%19.3%34.9%2.0%6.9%918.3K-46.1M-117.1K0.3523.541,75661615,7736,410
2019-11-06$39.07$31.0026.9%10.2%20.7%24.3%34.0%2.4%5.0%944.0K-46.7M-121.7K0.1318.896,25582316,8136,879
2019-11-07$39.11$36.0028.0%10.3%20.0%28.9%34.1%2.4%6.9%1.3M-51.1M-147.8K0.0843.746495420,3417,642
2019-11-08$39.19$36.0028.7%10.2%19.3%31.6%33.9%4.4%7.7%1.4M-52.1M-148.1K0.0924.491,0879820,6507,671
2019-11-11$39.62$36.0031.3%9.6%19.4%41.8%32.9%5.7%0.9%1.5M-55.7M-143.3K0.1140.577608220,9257,169
2019-11-12$39.06$36.0028.3%9.7%19.5%30.1%33.0%1.2%5.7%1.6M-53.1M-147.0K0.3211.0350716221,3117,225
2019-11-13$39.33$37.0033.6%9.9%18.5%50.9%34.3%2.7%1.2%1.6M-55.0M-143.0K0.0717.702882121,4977,301
2019-11-14$38.66$37.0029.6%9.8%19.8%35.0%33.8%2.4%5.6%1.4M-45.2M-145.6K1.4715.7732347620,0887,320
2019-11-15$38.94$37.0030.9%9.7%19.6%40.2%32.1%4.4%4.7%1.7M-46.1M-144.7K0.2012.042194420,1157,508
2019-11-18$38.49$37.0033.9%9.7%19.9%52.3%33.8%3.2%-0.2%1.1M-42.8M-141.0K0.4614.4837117219,0005,706
2019-11-19$38.70$37.0035.3%10.3%19.6%57.9%34.8%3.6%-1.3%1.1M-43.5M-141.7K0.2716.092256119,1425,865
2019-11-20$38.99$37.0037.3%10.7%19.2%65.8%37.7%4.6%-2.7%1.2M-45.2M-142.6K0.6120.5130618819,2375,870
2019-11-21$38.75$37.0036.9%10.7%19.5%64.2%35.4%4.0%-2.2%1.1M-43.8M-140.6K0.5317.851136019,3186,029
2019-11-22$38.59$37.0036.2%10.6%19.5%61.3%35.9%4.0%-2.8%1.0M-42.8M-139.3K2.0616.9814028919,3676,061
2019-11-25$39.25$37.0037.0%10.6%20.1%64.5%36.0%4.7%-1.6%1.2M-46.3M-135.3K0.1069.502,56326819,1316,109
2019-11-26$39.23$37.0036.9%10.8%19.4%64.1%37.1%4.1%-3.3%1.4M-47.8M-144.0K0.9021.0335432021,4236,349
2019-11-27$39.32$37.0035.7%11.0%19.1%59.6%37.8%4.6%-1.3%1.5M-48.5M-146.0K1.1226.3039344021,5146,663
2019-11-29$38.94$37.0036.1%11.7%18.4%61.0%39.8%3.1%-1.4%1.4M-45.6M-149.0K0.7022.411329221,7077,086