JBL Options History — February 2020

In February 2020, JBL traded between $31.53 and $40.67. ATM implied volatility averaged 36.5%, placing in the 64.1% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 6.9% (HV 20d: 29.5%). Max pain ranged from $38.00 to $41.00. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 2.74.

Notable Days

2020-02-24: Highest Volume — 3,596 contracts
2020-02-28: Largest IV spike — 16.7% change
2020-02-24: Highest IV Rank — 100.0%
2020-02-28: Largest Expected Move — 21.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$37.67	$31.53	$40.67	$40.11	$31.53
Max Pain	$39.05	$38.00	$41.00	$41.00	$38.00
ATM IV	36.5%	27.0%	58.2%	28.2%	58.2%
Expected Move	11.4%	7.5%	21.4%	8.1%	21.4%
HV 20d	29.5%	25.7%	36.4%	26.0%	36.4%
HV 60d	29.0%	26.9%	33.3%	26.9%	33.3%
IV Rank	64.1%	28.4%	100.0%	33.6%	100.0%
IV Percentile	74.5%	46.0%	100.0%	50.8%	100.0%
Term Structure	0.9%	-4.2%	4.2%	3.4%	-4.2%
VWIV	38.9%	22.9%	67.0%	27.8%	67.0%
Skew 25d	4.1%	2.4%	6.1%	3.7%	6.1%
Skew 10d	7.4%	-5.1%	11.9%	8.1%	7.0%
Call IV 25d	34.4%	25.8%	55.6%	26.4%	55.6%
Put IV 25d	38.4%	28.6%	61.7%	30.1%	61.7%
Bid-Ask Spread %	50.42	20.92	72.82	43.36	70.20
Gamma HHI	0.15	0.08	0.40	0.08	0.16
Net GEX	233.4K	-457.3K	1.1M	310.3K	-56.6K
Net DEX	-19.4M	-30.9M	-2.4M	-28.4M	-3.1M
Net VEX	-120.3K	-126.2K	-115.5K	-118.9K	-125.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.74	0.32	10.38	0.36	3.04
Total Volume	997.316	189	3,596	469	2,449
Total OI	20,237.368	18,387	21,764	19,552	20,755

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2020-02-03	$40.11	$41.00	28.2%	8.1%	26.0%	33.6%	27.8%	3.7%	3.4%	310.3K	-28.4M	-118.9K	0.36	43.36	345	124	13,674	5,878
2020-02-04	$40.67	$41.00	27.1%	7.6%	26.0%	29.0%	26.4%	3.0%	3.3%	433.0K	-30.9M	-119.8K	0.43	52.77	231	100	13,794	5,982
2020-02-05	$40.45	$41.00	27.0%	7.5%	25.7%	28.4%	22.9%	2.8%	4.1%	356.2K	-29.4M	-117.6K	0.67	34.07	113	76	13,781	6,042
2020-02-06	$40.01	$38.00	28.0%	9.8%	25.9%	32.7%	32.9%	2.8%	3.6%	301.6K	-27.4M	-120.0K	1.54	43.14	84	129	13,799	6,071
2020-02-07	$38.73	$38.00	29.8%	9.9%	28.0%	41.1%	33.4%	2.4%	4.2%	287.5K	-22.1M	-121.0K	1.46	52.96	257	375	13,855	6,159
2020-02-10	$38.41	$38.00	32.4%	10.3%	27.9%	53.1%	35.8%	2.9%	1.7%	289.6K	-21.3M	-119.8K	0.52	72.82	1,156	606	13,768	5,545
2020-02-11	$39.23	$39.00	31.9%	10.2%	27.4%	50.9%	35.5%	5.8%	3.2%	746.6K	-25.6M	-121.4K	0.42	43.60	281	119	14,803	6,099
2020-02-12	$40.01	$39.00	31.2%	10.0%	28.4%	47.5%	35.4%	4.6%	3.6%	614.0K	-30.0M	-122.0K	0.32	56.22	366	118	14,871	6,148
2020-02-13	$39.01	$39.00	33.4%	10.4%	29.3%	57.4%	36.1%	3.9%	3.3%	1.1M	-24.7M	-120.9K	0.48	50.84	256	123	15,093	6,176
2020-02-14	$38.09	$39.00	33.1%	10.3%	29.6%	56.4%	35.6%	4.0%	4.2%	282.4K	-19.4M	-121.5K	1.06	52.59	126	133	15,207	6,182
2020-02-18	$37.53	$39.00	35.6%	10.3%	29.6%	67.8%	35.3%	4.0%	-0.0%	236.7K	-18.1M	-116.6K	2.25	20.92	253	570	13,348	5,898
2020-02-19	$37.97	$39.00	35.7%	10.2%	30.3%	67.9%	35.1%	4.1%	-0.2%	214.9K	-19.5M	-117.0K	0.65	33.51	189	122	13,376	6,158
2020-02-20	$38.01	$39.00	36.8%	10.6%	30.4%	73.1%	36.4%	4.1%	-1.5%	234.6K	-19.5M	-117.6K	0.99	55.19	120	119	13,485	6,144
2020-02-21	$37.27	$39.00	39.1%	11.4%	30.3%	83.3%	40.5%	5.7%	-1.7%	-54.6K	-17.1M	-115.5K	6.96	35.14	163	1,134	13,558	6,175
2020-02-24	$35.92	$39.00	42.9%	13.0%	32.0%	100.0%	45.5%	2.4%	-2.4%	71.9K	-15.7M	-118.1K	10.38	63.95	316	3,280	12,287	6,100
2020-02-25	$35.21	$39.00	46.9%	14.2%	31.3%	100.0%	51.6%	5.3%	-2.2%	-457.3K	-8.0M	-126.2K	6.43	50.72	221	1,422	12,422	8,680
2020-02-26	$34.80	$39.00	45.7%	13.8%	31.2%	95.6%	45.9%	4.3%	-2.9%	-384.0K	-5.7M	-122.3K	7.65	58.29	266	2,036	12,524	9,240
2020-02-27	$32.84	$38.00	49.9%	17.2%	35.7%	100.0%	60.6%	5.2%	-3.1%	-95.7K	-2.4M	-122.8K	6.41	67.78	158	1,013	12,724	8,709
2020-02-28	$31.53	$38.00	58.2%	21.4%	36.4%	100.0%	67.0%	6.1%	-4.2%	-56.6K	-3.1M	-125.8K	3.04	70.20	606	1,843	12,806	7,949