JBL Options History — November 2020

In November 2020, JBL traded between $33.63 and $39.37. ATM implied volatility averaged 41.4%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 0.9% (HV 20d: 40.4%). Max pain ranged from $33.00 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.66.

Notable Days

  • 2020-11-09: Highest Volume — 1,264 contracts
  • 2020-11-04: Largest IV drop — 13.3% change
  • 2020-11-02: Highest IV Rank — 21.9%
  • 2020-11-02: Largest Expected Move — 14.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.28$33.63$39.37$33.63$38.45
Max Pain$34.30$33.00$35.00$33.00$35.00
ATM IV41.4%36.0%46.7%46.7%43.9%
Expected Move12.6%11.8%14.4%14.4%13.1%
HV 20d40.4%32.5%45.3%37.1%33.9%
HV 60d38.6%36.8%39.4%36.8%37.6%
IV Rank17.1%12.3%21.9%21.9%19.4%
IV Percentile40.0%21.0%55.6%55.6%48.8%
Term Structure1.2%-3.7%9.6%-0.8%2.6%
VWIV45.0%40.6%50.7%50.7%47.0%
Skew 25d4.3%1.4%8.8%8.8%1.9%
Skew 10d11.2%-26.8%27.5%13.2%6.8%
Call IV 25d39.3%34.2%43.0%43.0%42.5%
Put IV 25d43.5%38.4%51.8%51.8%44.5%
Bid-Ask Spread %63.0435.2874.9749.4360.73
Gamma HHI0.110.090.180.180.13
Net GEX425.5K328.3K493.9K366.8K328.3K
Net DEX-38.8M-46.7M-25.1M-25.1M-38.6M
Net VEX-91.9K-111.2K-75.0K-111.2K-76.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.053.320.601.67
Total Volume373.3591,264219923
Total OI21,715.5518,68823,13322,13218,688

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-11-02$33.63$33.0046.7%14.4%37.1%21.9%50.7%8.8%-0.8%366.8K-25.1M-111.2K0.6049.431378216,3495,783
2020-11-03$34.63$33.0044.5%13.2%38.7%19.9%49.0%8.6%-0.8%366.7K-29.6M-107.1K0.1352.151602116,3495,783
2020-11-04$34.50$33.0038.6%11.8%36.8%14.6%40.7%5.9%0.6%357.3K-28.9M-103.0K1.1156.74283116,3765,987
2020-11-05$35.73$34.0037.7%12.7%39.0%13.9%40.6%4.6%2.1%410.9K-34.7M-99.4K0.2365.9647311116,3876,013
2020-11-06$35.98$34.0037.4%12.3%39.1%13.6%41.6%4.3%0.0%468.5K-35.7M-100.8K0.7467.791309616,7096,025
2020-11-09$37.45$34.0036.0%12.4%41.7%12.3%43.7%1.4%5.5%434.6K-42.0M-93.5K0.1565.631,09716716,5125,870
2020-11-10$37.51$34.0036.3%12.6%40.4%12.6%45.0%5.9%9.6%493.9K-42.4M-97.3K0.0770.41107717,0285,965
2020-11-11$37.13$34.0038.3%12.3%40.7%14.4%42.8%4.2%4.6%478.5K-40.4M-99.4K0.1835.28881616,9945,968
2020-11-12$36.16$34.0037.5%12.6%41.6%13.6%50.2%4.0%6.9%428.8K-36.5M-98.7K3.3268.4512340817,0165,978
2020-11-13$37.83$34.0038.6%12.2%44.5%14.6%44.8%4.1%6.3%477.2K-42.8M-98.0K0.4967.251587716,8086,325
2020-11-16$38.91$34.0042.6%12.6%45.3%18.2%44.4%3.3%-1.9%470.7K-46.7M-89.3K0.4270.6840516916,4266,132
2020-11-17$38.42$35.0043.7%12.7%45.3%19.2%44.8%4.2%-2.7%454.0K-44.5M-92.7K0.0571.405812816,4706,280
2020-11-18$37.98$35.0045.2%13.0%44.8%20.5%43.5%4.1%-1.7%383.4K-42.6M-85.5K1.0674.97717516,1876,304
2020-11-19$37.50$35.0044.9%12.8%45.2%20.3%46.5%3.3%0.9%365.2K-40.5M-84.9K0.2074.811462916,0856,328
2020-11-20$37.50$35.0045.0%12.8%45.0%20.3%49.5%2.2%-0.6%422.5K-40.2M-85.2K0.8160.9112510116,1256,352
2020-11-23$38.38$35.0043.1%12.6%41.6%18.7%44.3%3.8%-3.7%380.2K-38.2M-81.3K1.1059.1827730514,3684,623
2020-11-24$39.37$35.0044.0%12.3%40.9%19.5%44.7%6.5%-1.4%444.0K-42.0M-78.1K0.1662.723395414,5654,603
2020-11-25$39.25$35.0040.8%12.0%34.6%16.6%41.9%2.5%0.5%489.3K-41.5M-80.1K0.1262.871291614,6394,607
2020-11-27$39.27$35.0042.2%12.3%32.5%17.9%43.6%1.6%-1.2%488.8K-42.1M-75.0K0.5763.371126414,6864,618
2020-11-30$38.45$35.0043.9%13.1%33.9%19.4%47.0%1.9%2.6%328.3K-38.6M-76.9K1.6760.7334657714,3364,352