JBL Options History — April 2020

In April 2020, JBL traded between $22.20 and $29.32. ATM implied volatility averaged 61.9%, placing in the 35.7% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded below realized volatility by 39.5% (HV 20d: 101.4%). Max pain ranged from $23.00 to $30.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.84.

Notable Days

  • 2020-04-29: Highest Volume — 1,424 contracts
  • 2020-04-29: Largest IV drop — 19.8% change
  • 2020-04-03: Highest IV Rank — 50.0%
  • 2020-04-01: Largest Expected Move — 24.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.22$22.20$29.32$22.80$28.54
Max Pain$24.74$23.00$30.00$30.00$23.00
ATM IV61.9%42.3%77.9%76.9%46.9%
Expected Move18.1%14.8%24.7%24.7%14.8%
HV 20d101.4%68.1%133.6%131.4%68.7%
HV 60d85.5%80.7%90.0%80.8%90.0%
IV Rank35.7%18.3%50.0%49.2%22.4%
IV Percentile89.5%81.3%96.0%95.2%82.9%
Term Structure-0.6%-9.9%6.2%0.2%-9.9%
VWIV63.9%44.2%98.3%98.3%54.9%
Skew 25d17.2%3.8%37.7%15.4%3.9%
Skew 10d40.6%15.0%71.3%42.5%15.0%
Call IV 25d52.4%33.7%66.3%60.1%44.7%
Put IV 25d69.6%48.6%88.2%75.5%48.6%
Bid-Ask Spread %68.3855.1284.3384.3376.97
Gamma HHI0.320.200.650.240.20
Net GEX65.0K-999.5K169.1K39.2K169.1K
Net DEX-4.0M-10.4M1.7M446.7K-9.3M
Net VEX-92.8K-105.2K-83.3K-86.6K-105.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.840.1511.920.230.21
Total Volume333.714411,4241721,293
Total OI16,463.14315,00917,99117,86616,792

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-04-01$22.80$30.0076.9%24.7%131.4%49.2%98.3%15.4%0.2%39.2K446.7K-86.6K0.2384.331403211,6296,237
2020-04-02$22.59$26.0076.4%22.1%131.0%48.7%80.3%20.8%-0.6%28.4K1.4M-83.3K0.4763.24934411,6806,234
2020-04-03$22.20$26.0077.9%21.4%131.0%50.0%91.2%37.7%0.2%78.6K1.7M-83.4K5.9761.142917311,7296,262
2020-04-06$24.28$26.0067.2%18.9%133.6%40.5%62.4%13.5%-1.0%112.2K-1.6M-89.6K2.0355.1212124611,4385,424
2020-04-07$25.18$26.0066.9%18.7%132.7%40.2%60.6%15.7%-3.2%104.4K-2.8M-94.5K0.2068.1759512111,5345,619
2020-04-08$25.91$26.0060.2%17.3%125.3%34.2%57.0%8.3%5.1%133.2K-5.6M-100.1K11.9262.155160811,7855,190
2020-04-09$26.49$26.0062.0%17.5%116.6%35.8%54.1%13.0%2.9%-999.5K-6.0M-101.4K4.1370.123916111,7755,509
2020-04-13$25.54$26.0061.9%17.9%116.9%35.7%62.7%19.1%-5.2%137.5K-4.4M-95.8K0.8264.20655311,6385,176
2020-04-14$26.36$26.0058.9%16.9%115.3%33.0%65.0%17.0%-0.3%150.6K-5.8M-99.0K5.3165.45136911,6995,228
2020-04-15$24.51$24.0062.5%17.9%118.5%36.2%61.8%21.5%-3.3%97.9K-2.8M-90.9K0.6575.271066911,7065,240
2020-04-16$24.44$24.0065.4%18.8%100.9%38.8%56.4%19.8%-3.6%108.0K-2.4M-88.3K0.7175.83241711,7825,162
2020-04-17$25.80$24.0058.0%16.4%95.9%32.2%44.2%17.0%2.6%148.4K-5.5M-95.7K0.1773.3342711,7995,040
2020-04-20$24.41$24.0064.3%18.8%90.6%37.8%63.3%5.6%-0.7%127.6K-3.6M-88.2K0.6672.9219312710,8974,162
2020-04-21$23.51$24.5066.3%19.9%92.4%39.6%73.1%3.8%-5.2%126.8K-2.5M-83.6K0.6065.87734411,0374,285
2020-04-22$24.06$23.0061.9%18.6%80.1%35.7%65.7%12.8%0.5%121.8K-3.3M-86.6K0.5966.42513011,0584,327
2020-04-23$24.72$23.0060.8%18.0%69.6%34.7%68.6%28.4%2.7%139.4K-3.6M-89.1K2.0365.056112411,0734,352
2020-04-24$25.24$23.0058.5%17.0%69.0%32.6%57.0%17.5%-2.3%148.4K-4.4M-90.9K0.4365.29934011,1034,465
2020-04-27$26.64$23.0052.5%15.5%68.3%27.3%56.8%24.0%6.2%130.7K-5.7M-93.8K0.3865.232629910,8784,131
2020-04-28$27.05$23.0052.8%14.8%68.1%27.6%51.6%27.0%-1.0%132.1K-7.1M-98.5K0.1567.111532311,0464,215
2020-04-29$29.32$23.0042.3%14.8%73.1%18.3%56.1%19.6%3.2%130.8K-10.4M-104.7K0.9672.8572769711,1594,231
2020-04-30$28.54$23.0046.9%14.8%68.7%22.4%54.9%3.9%-9.9%169.1K-9.3M-105.2K0.2176.971,06722611,6115,181