JBL Options History — December 2020

In December 2020, JBL traded between $38.84 and $44.00. ATM implied volatility averaged 40.0%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 8.4% (HV 20d: 31.6%). Max pain ranged from $27.00 to $36.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.43.

Notable Days

  • 2020-12-16: Highest Volume — 7,221 contracts
  • 2020-12-17: Largest IV drop — 16.7% change
  • 2020-12-14: Highest IV Rank — 21.8%
  • 2020-12-02: Largest Expected Move — 14.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.31$38.84$44.00$38.84$42.82
Max Pain$27.84$27.00$36.50$36.00$27.00
ATM IV40.0%34.7%46.7%42.9%35.3%
Expected Move11.5%9.8%14.4%13.7%9.9%
HV 20d31.6%23.7%34.6%33.7%34.0%
HV 60d35.4%34.9%37.5%37.5%35.0%
IV Rank15.9%11.1%21.8%18.5%11.5%
IV Percentile32.7%13.9%55.2%44.4%14.3%
Term Structure-0.6%-2.8%1.2%-1.0%1.0%
VWIV40.3%34.5%50.6%45.3%34.5%
Skew 25d4.0%1.9%6.2%1.9%4.2%
Skew 10d10.9%-2.6%27.4%-2.6%10.0%
Call IV 25d38.0%33.5%43.0%41.8%33.6%
Put IV 25d42.0%36.2%49.0%43.7%37.8%
Bid-Ask Spread %56.7939.0974.0868.9162.44
Gamma HHI0.170.100.890.110.15
Net GEX910.9K257.2K9.5M257.2K688.9K
Net DEX-48.4M-70.5M-40.1M-40.1M-49.4M
Net VEX-70.5K-77.3K-64.2K-74.8K-64.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.021.130.480.20
Total Volume1,659.9552487,221503313
Total OI22,199.59119,46629,61219,46621,305

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-12-01$38.84$36.0042.9%13.7%33.7%18.5%45.3%1.9%-1.0%257.2K-40.1M-74.8K0.4868.9133916414,5754,891
2020-12-02$39.54$36.5043.4%14.4%32.9%18.9%50.6%4.0%-1.7%328.6K-42.2M-77.3K0.1174.081,24813814,7945,048
2020-12-03$39.40$27.0043.0%12.5%32.9%18.6%42.6%4.1%0.5%359.2K-42.3M-77.1K1.1359.0759066815,2245,150
2020-12-04$40.42$27.0043.4%11.9%32.0%18.9%42.3%2.2%-1.0%356.4K-46.2M-76.2K0.1251.7583810215,6015,600
2020-12-07$40.67$27.0043.2%12.1%32.0%18.7%44.8%4.5%-0.3%427.1K-46.3M-73.1K0.8153.9540032615,4765,535
2020-12-08$40.33$27.0043.6%12.2%29.7%19.1%42.8%4.5%-1.1%436.2K-44.8M-74.1K0.7651.9014110715,6325,767
2020-12-09$39.49$27.0044.3%12.2%31.0%19.7%41.8%5.0%-1.7%319.5K-42.0M-73.7K0.7053.6433323215,7285,860
2020-12-10$39.86$27.0045.0%12.7%30.7%20.3%43.0%4.5%-1.7%342.6K-43.3M-74.0K0.1255.271,07712715,8655,936
2020-12-11$39.64$27.0046.4%12.9%28.8%21.6%44.2%6.0%-2.8%458.9K-43.8M-76.6K0.5753.5293453616,8485,986
2020-12-14$40.41$27.0046.7%13.2%25.2%21.8%45.6%4.9%-2.6%509.6K-47.3M-71.8K0.4355.031,19151016,6715,713
2020-12-15$41.25$27.0043.5%12.4%24.4%19.0%42.2%6.2%-1.7%624.0K-51.7M-70.5K0.1357.721,41818017,0725,959
2020-12-16$41.25$27.0041.6%11.9%23.7%17.3%46.6%5.5%-1.2%661.2K-51.7M-68.6K1.0860.033,4773,74417,0776,103
2020-12-17$44.00$27.0034.7%9.9%31.4%11.1%36.8%3.2%0.3%1.5M-70.5M-64.5K0.6372.134,1152,57519,4798,923
2020-12-18$42.60$27.0035.2%10.1%33.8%11.6%35.3%3.1%-1.1%423.1K-57.2M-69.1K0.5564.601,58687919,46410,148
2020-12-21$41.95$27.0036.2%10.5%34.6%12.5%36.2%3.1%0.3%268.0K-46.5M-68.6K0.2756.1246712415,2505,785
2020-12-22$42.67$27.0035.8%10.3%34.2%12.1%35.7%3.8%0.6%383.7K-49.4M-67.8K0.1341.094986615,3805,833
2020-12-23$43.47$27.0035.4%10.4%33.8%11.8%36.3%2.5%0.9%549.4K-52.8M-65.6K0.0255.283,5527015,4695,847
2020-12-24$42.89$27.0035.0%10.0%34.3%11.4%35.0%2.7%1.2%9.5M-54.0M-68.5K0.0239.092,1954018,4495,899
2020-12-28$42.93$27.0034.8%9.8%34.3%11.2%34.6%4.0%0.3%618.9K-49.8M-64.5K0.3042.0439512015,1705,560
2020-12-29$42.01$27.0035.9%10.3%34.3%12.3%35.0%4.6%0.2%497.8K-46.6M-65.7K0.4560.1930914015,4515,676
2020-12-30$42.35$27.0035.2%9.9%34.3%11.4%34.8%4.3%0.1%564.8K-47.6M-64.9K0.3461.591906515,4235,769
2020-12-31$42.82$27.0035.3%9.9%34.0%11.5%34.5%4.2%1.0%688.9K-49.4M-64.2K0.2062.442605315,4825,823