JBL Options History — December 2019

In December 2019, JBL traded between $38.06 and $43.52. ATM implied volatility averaged 30.9%, placing in the 40.8% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 4.1% (HV 20d: 26.7%). Max pain ranged from $30.00 to $37.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.49.

Notable Days

  • 2019-12-17: Highest Volume — 16,141 contracts
  • 2019-12-17: Largest IV drop — 28.8% change
  • 2019-12-03: Highest IV Rank — 72.7%
  • 2019-12-04: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.46$38.06$43.52$38.65$41.41
Max Pain$32.48$30.00$37.00$37.00$34.00
ATM IV30.9%22.2%39.0%37.1%22.6%
Expected Move9.0%6.2%13.8%12.8%6.2%
HV 20d26.7%15.9%37.1%18.6%36.4%
HV 60d27.1%26.3%30.1%27.1%26.3%
IV Rank40.8%6.5%72.7%65.1%8.2%
IV Percentile52.3%5.6%91.3%81.7%9.5%
Term Structure-0.8%-3.5%1.0%-0.6%-0.6%
VWIV31.3%21.8%49.4%43.0%22.5%
Skew 25d3.0%1.1%5.4%4.4%2.1%
Skew 10d7.0%-0.4%12.9%7.4%4.3%
Call IV 25d29.4%21.5%37.8%34.1%21.7%
Put IV 25d32.4%23.4%41.7%38.5%23.8%
Bid-Ask Spread %19.397.7146.8219.3315.34
Gamma HHI0.170.090.430.160.09
Net GEX1.8M875.8K5.6M1.3M875.8K
Net DEX-51.7M-89.8M-38.9M-43.2M-46.8M
Net VEX-132.7K-150.4K-114.6K-150.4K-115.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.101.441.040.23
Total Volume2,485.85717916,141366397
Total OI31,061.23826,17243,52428,06327,104

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-12-02$38.65$37.0037.1%12.8%18.6%65.1%43.0%4.4%-0.6%1.3M-43.2M-150.4K1.0419.3317918721,1246,939
2019-12-03$38.06$37.0039.0%13.5%15.9%72.7%44.4%5.4%-1.3%1.1M-38.9M-150.2K0.3028.4662518721,2057,040
2019-12-04$39.12$37.0038.0%13.8%18.0%68.6%49.4%4.6%-1.5%1.5M-46.2M-145.8K0.8022.3121016721,1337,139
2019-12-05$39.17$30.0038.3%10.4%18.0%69.9%36.8%4.3%-1.5%1.5M-46.4M-144.5K0.1814.603376221,1807,281
2019-12-06$39.31$30.0036.8%9.8%18.0%64.0%34.4%4.4%-2.0%1.6M-47.8M-144.3K0.2512.8351412821,3917,311
2019-12-09$38.75$30.0038.5%10.4%18.7%70.6%36.3%4.5%-2.0%1.2M-43.1M-144.6K1.2314.8324429920,9137,168
2019-12-10$39.16$30.0038.7%10.7%18.7%71.6%37.7%4.2%-1.1%1.3M-45.3M-140.9K0.1628.8493015021,0437,380
2019-12-11$39.83$30.0038.8%10.8%18.9%72.0%37.9%3.8%-1.2%1.7M-51.0M-142.3K0.2316.5944410421,6187,495
2019-12-12$40.44$30.0038.7%10.7%19.5%71.6%38.2%3.7%-1.7%2.0M-55.6M-139.3K0.2934.381,15334021,6617,556
2019-12-13$40.00$30.0038.6%10.3%18.8%71.1%36.6%3.9%-3.5%1.7M-51.4M-136.8K0.4421.471,71274521,5337,803
2019-12-16$40.67$30.0034.0%9.6%19.5%52.5%33.5%2.6%-2.3%1.4M-54.6M-130.9K0.9646.825,7455,48721,1078,334
2019-12-17$43.52$31.0024.2%6.9%29.7%13.5%24.5%2.4%0.3%3.0M-89.8M-115.4K0.6416.169,8346,30725,10515,024
2019-12-18$41.34$32.0024.9%7.1%36.1%16.5%24.7%1.5%-0.5%3.2M-58.2M-129.4K0.3813.776,0832,28226,36015,153
2019-12-19$41.97$33.0023.7%6.8%36.3%13.5%23.3%1.5%-0.2%5.6M-68.4M-131.6K0.267.711,32034728,50015,024
2019-12-20$41.16$33.0023.4%6.7%37.1%12.1%23.4%1.1%-0.2%1.7M-53.6M-125.0K0.2312.481,71439328,30514,937
2019-12-23$41.50$33.0022.4%6.4%37.0%7.5%22.4%1.5%1.0%1.6M-50.5M-123.0K0.3912.4161424120,4368,084
2019-12-24$41.48$34.0022.7%6.6%36.7%8.9%22.8%1.5%0.4%1.6M-50.3M-123.5K0.3911.971295020,6858,259
2019-12-26$41.50$33.0022.6%6.5%36.7%8.2%21.8%1.8%0.5%1.6M-50.5M-120.0K0.1022.157417520,7058,273
2019-12-27$41.25$34.0023.4%6.6%36.8%11.8%22.3%1.6%0.8%1.3M-47.8M-118.9K0.2820.1152214820,5018,305
2019-12-30$41.45$34.0022.2%6.2%36.5%6.5%22.3%2.1%0.5%923.9K-46.7M-114.6K1.4414.6543362418,7887,384
2019-12-31$41.41$34.0022.6%6.2%36.4%8.2%22.5%2.1%-0.6%875.8K-46.8M-115.9K0.2315.343227519,1117,993