JBL Options History — August 2020

In August 2020, JBL traded between $33.78 and $35.44. ATM implied volatility averaged 39.8%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 12.8% (HV 20d: 27.0%). Max pain ranged from $32.00 to $35.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2020-08-03: Highest Volume — 720 contracts
  • 2020-08-24: Largest IV spike — 9.1% change
  • 2020-08-27: Highest IV Rank — 20.1%
  • 2020-08-03: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.73$33.78$35.44$35.23$34.34
Max Pain$34.62$32.00$35.00$32.00$35.00
ATM IV39.8%36.9%44.8%41.3%43.7%
Expected Move10.8%10.0%11.5%11.5%10.8%
HV 20d27.0%22.7%33.1%33.1%23.9%
HV 60d43.1%37.8%50.4%50.4%37.8%
IV Rank15.7%13.1%20.1%17.0%19.2%
IV Percentile50.9%39.3%60.3%56.3%58.7%
Term Structure1.7%-1.9%7.4%-0.8%-1.9%
VWIV38.1%34.3%45.9%40.4%38.0%
Skew 25d5.9%-0.8%9.3%8.1%5.1%
Skew 10d16.1%-3.2%46.8%14.8%24.9%
Call IV 25d37.8%33.1%45.7%37.4%42.3%
Put IV 25d43.7%39.8%48.4%45.5%47.4%
Bid-Ask Spread %23.3416.4130.3525.3826.73
Gamma HHI0.160.140.200.150.20
Net GEX424.5K354.2K490.0K382.0K441.5K
Net DEX-23.7M-25.7M-20.5M-24.9M-22.8M
Net VEX-87.4K-92.2K-84.1K-88.1K-85.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.131.141.140.78
Total Volume282.85776720720228
Total OI16,954.61915,85617,92115,85616,933

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-08-03$35.23$32.0041.3%11.5%33.1%17.0%40.4%8.1%-0.8%382.0K-24.9M-88.1K1.1425.3833638411,9643,892
2020-08-04$35.05$32.0039.8%11.3%29.2%15.7%39.9%5.8%-0.6%397.4K-24.4M-88.5K0.3427.051796012,2014,231
2020-08-05$35.44$33.0039.8%10.6%29.3%15.7%37.7%5.8%-1.0%416.0K-25.7M-88.2K0.2430.351353312,2214,266
2020-08-06$35.44$35.0040.1%11.1%28.8%16.0%39.7%7.5%-1.9%439.4K-25.6M-87.4K1.0526.22373912,2844,278
2020-08-07$34.99$35.0039.6%11.0%29.4%15.6%41.0%6.7%0.1%432.9K-24.2M-86.3K0.2923.1634510112,2954,274
2020-08-10$34.80$35.0040.1%11.2%29.4%16.0%45.9%7.0%-0.0%364.4K-23.8M-85.9K0.2119.602585512,1264,119
2020-08-11$35.05$35.0038.3%11.4%29.4%14.4%40.2%6.7%0.8%424.0K-25.0M-86.0K0.2322.102846512,3444,154
2020-08-12$35.21$35.0037.0%10.9%24.6%13.2%36.8%5.3%1.1%449.9K-25.3M-85.4K0.6218.151046412,5184,213
2020-08-13$34.80$35.0038.2%11.0%25.0%14.2%38.6%6.5%-0.3%438.7K-24.1M-84.6K0.3816.41813112,5634,250
2020-08-14$34.76$35.0037.3%10.8%24.9%13.5%38.3%4.2%-0.0%472.1K-24.2M-92.2K1.1116.9423826512,9224,572
2020-08-17$34.99$35.0038.1%10.9%25.0%14.2%34.6%7.1%7.4%396.3K-24.3M-91.4K0.2216.621804012,5874,499
2020-08-18$34.09$35.0038.3%11.0%26.8%14.4%39.1%7.5%5.9%393.3K-21.6M-89.5K0.5428.8619510612,7154,511
2020-08-19$34.95$35.0036.9%10.6%28.2%13.1%36.6%6.3%6.4%429.0K-24.5M-90.1K0.2920.692316712,7934,597
2020-08-20$33.78$35.0037.9%10.7%30.8%14.0%38.0%5.2%3.0%354.2K-20.5M-88.0K1.1323.69556212,9004,648
2020-08-21$34.16$35.0038.0%10.4%28.3%14.1%36.5%6.8%4.3%400.5K-21.8M-88.3K0.7219.2736826613,0984,823
2020-08-24$34.31$35.0041.5%10.3%27.2%17.2%34.4%2.7%4.2%414.0K-22.3M-87.9K0.1328.482012712,5124,537
2020-08-25$34.16$35.0040.0%10.0%24.7%15.9%34.3%9.3%6.5%443.2K-21.8M-87.6K0.1720.681322312,6544,568
2020-08-26$34.44$35.0041.2%10.5%22.8%16.9%37.0%4.7%1.3%451.8K-22.9M-84.9K0.8928.09706212,6754,575
2020-08-27$34.25$35.0044.8%10.7%22.7%20.1%35.6%7.4%0.5%484.6K-22.2M-86.4K0.5222.62914712,7074,627
2020-08-28$35.08$35.0043.8%10.4%23.4%19.3%36.9%-0.8%1.3%490.0K-25.1M-84.1K0.4529.1327212312,7664,635
2020-08-31$34.34$35.0043.7%10.8%23.9%19.2%38.0%5.1%-1.9%441.5K-22.8M-85.1K0.7826.7312810012,5004,433