JBL Options History — July 2020

In July 2020, JBL traded between $30.63 and $34.70. ATM implied volatility averaged 46.8%, placing in the 22.0% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded above realized volatility by 5.3% (HV 20d: 41.6%). Max pain ranged from $28.00 to $32.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.98.

Notable Days

  • 2020-07-15: Highest Volume — 2,697 contracts
  • 2020-07-29: Largest IV drop — 7.8% change
  • 2020-07-07: Highest IV Rank — 27.8%
  • 2020-07-13: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.78$30.63$34.70$31.22$34.70
Max Pain$30.09$28.00$32.00$31.00$32.00
ATM IV46.8%39.9%53.4%53.3%39.9%
Expected Move13.2%11.3%14.8%14.4%11.3%
HV 20d41.6%32.2%54.8%54.8%33.0%
HV 60d56.0%50.2%61.0%61.0%50.5%
IV Rank22.0%15.8%27.8%27.8%15.8%
IV Percentile62.7%55.2%71.8%71.8%55.2%
Term Structure1.1%-0.6%7.0%1.8%0.6%
VWIV46.2%39.6%55.6%49.0%39.9%
Skew 25d7.4%1.7%15.1%9.0%8.0%
Skew 10d22.7%11.6%36.3%11.6%17.7%
Call IV 25d43.9%37.0%49.8%48.1%37.0%
Put IV 25d51.3%43.7%59.4%57.0%45.0%
Bid-Ask Spread %37.1927.1554.4649.8147.08
Gamma HHI0.220.150.260.210.15
Net GEX260.6K167.7K408.5K167.7K408.5K
Net DEX-17.9M-23.7M-12.8M-14.2M-23.7M
Net VEX-92.8K-98.7K-88.6K-98.1K-88.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.052.780.520.37
Total Volume548.9091002,697265297
Total OI15,797.40914,50016,51916,37616,370

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-07-01$31.22$31.0053.3%14.4%54.8%27.8%49.0%9.0%1.8%167.7K-14.2M-98.1K0.5249.811749111,8494,527
2020-07-02$31.57$31.0051.8%13.2%53.9%26.4%45.5%5.7%7.0%196.7K-15.2M-98.7K1.7954.46478411,9454,574
2020-07-06$31.92$28.0051.8%13.9%51.4%26.4%52.2%9.1%5.3%256.1K-16.2M-96.1K0.5536.011,38076511,6654,069
2020-07-07$30.72$28.0053.4%14.3%52.8%27.8%50.6%7.2%1.6%212.9K-13.4M-94.0K0.6531.54815311,7594,183
2020-07-08$30.88$28.0049.8%14.1%52.5%24.6%47.0%15.1%1.5%219.6K-13.4M-93.9K2.3232.3610424111,7644,224
2020-07-09$30.63$28.0053.3%14.2%50.9%27.8%55.6%9.8%-0.1%212.6K-12.8M-93.9K2.7836.7318852311,8074,377
2020-07-10$31.19$28.0051.4%14.5%41.5%26.1%0.0%9.7%2.3%216.1K-14.0M-94.9K2.6338.447118711,8384,660
2020-07-13$31.68$28.0051.5%14.8%41.2%26.1%51.7%6.0%1.3%199.7K-15.4M-94.8K1.0233.5761562811,3964,350
2020-07-14$31.87$29.0050.2%14.3%40.1%25.0%50.5%7.2%-0.6%225.9K-15.8M-93.4K0.7327.15785711,6274,443
2020-07-15$33.44$30.0047.0%14.0%40.4%22.1%49.7%8.3%0.9%308.4K-19.8M-93.4K0.7229.291,5681,12911,6414,464
2020-07-16$33.65$30.0046.4%13.8%40.4%21.6%48.7%7.3%2.2%331.9K-20.6M-93.1K0.6538.3433121611,6684,542
2020-07-17$33.94$31.0045.1%12.8%40.5%20.4%46.4%1.7%-0.6%391.5K-21.4M-92.7K0.3246.472156811,7534,653
2020-07-20$33.89$31.0044.4%12.8%39.6%19.8%45.2%6.9%0.9%218.3K-19.4M-92.0K0.5138.161557910,7113,789
2020-07-21$34.05$31.0044.3%12.7%39.5%19.7%41.6%6.2%-0.3%238.5K-20.0M-89.6K0.6029.9421012510,8353,850
2020-07-22$34.05$31.0043.4%12.4%39.5%18.9%43.9%5.0%-0.0%250.7K-20.2M-89.9K0.2030.991813610,9943,891
2020-07-23$34.19$31.0043.0%12.3%32.2%18.6%43.0%7.5%0.0%272.2K-20.6M-90.8K0.3040.39772311,1513,915
2020-07-24$33.03$31.0043.4%12.4%34.9%18.9%41.4%7.1%-0.0%216.1K-18.1M-90.9K1.3333.0417823711,2133,922
2020-07-27$33.81$31.0042.1%11.9%34.3%17.8%41.7%7.5%-0.2%230.1K-19.3M-88.6K0.0530.959414411,0833,938
2020-07-28$32.81$31.0043.5%12.1%33.6%19.0%0.0%6.3%1.5%294.2K-18.6M-91.9K2.0029.67438611,9583,953
2020-07-29$33.77$31.0040.2%11.4%35.0%16.0%39.6%5.5%-0.2%317.5K-20.9M-91.4K0.2944.111705011,9804,032
2020-07-30$34.07$32.0041.2%11.7%32.7%16.9%41.6%6.1%0.1%348.7K-21.6M-91.6K1.2139.6911313712,1144,066
2020-07-31$34.70$32.0039.9%11.3%33.0%15.8%39.9%8.0%0.6%408.5K-23.7M-88.7K0.3747.082178012,2164,154