JBL Options History — March 2021

In March 2021, JBL traded between $41.98 and $52.60. ATM implied volatility averaged 39.6%, placing in the 9.5% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded below realized volatility by 0.0% (HV 20d: 39.6%). Max pain ranged from $41.00 to $48.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.67.

Notable Days

  • 2021-03-15: Highest Volume — 5,709 contracts
  • 2021-03-16: Largest IV drop — 24.4% change
  • 2021-03-08: Highest IV Rank — 25.3%
  • 2021-03-03: Largest Expected Move — 13.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.00$41.98$52.60$45.18$52.60
Max Pain$45.30$41.00$48.00$41.00$48.00
ATM IV39.6%30.4%56.7%45.0%30.4%
Expected Move10.8%8.7%13.7%12.9%8.7%
HV 20d39.6%33.1%46.4%33.5%41.1%
HV 60d34.3%32.4%35.6%32.4%35.5%
IV Rank9.5%0.0%25.3%14.1%0.0%
IV Percentile27.5%0.4%82.1%51.6%0.4%
Term Structure-0.6%-5.4%6.6%-4.5%0.0%
VWIV38.4%30.3%47.7%45.4%31.1%
Skew 25d2.7%-4.0%12.7%3.3%0.3%
Skew 10d9.5%-9.1%35.3%19.0%8.1%
Call IV 25d36.7%22.5%45.8%44.2%31.5%
Put IV 25d39.4%28.7%52.4%47.5%31.8%
Bid-Ask Spread %55.8725.5487.7460.8868.58
Gamma HHI0.200.100.400.110.29
Net GEX482.6K275.6K1.2M355.7K472.1K
Net DEX-20.8M-36.8M-11.4M-16.5M-22.7M
Net VEX-61.8K-67.1K-56.0K-60.5K-64.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.063.710.240.62
Total Volume1,026.7831255,709350427
Total OI10,061.4357,93615,7237,9369,823

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-03-01$45.18$41.0045.0%12.9%33.5%14.1%45.4%3.3%-4.5%355.7K-16.5M-60.5K0.2460.88283676,4941,442
2021-03-02$44.24$41.0046.7%13.4%33.7%15.6%45.8%3.8%-3.6%359.3K-15.1M-60.2K0.1263.89164196,6591,488
2021-03-03$43.67$41.0047.7%13.7%33.1%16.6%47.7%6.3%0.2%347.9K-14.2M-59.9K0.5061.86131656,6871,505
2021-03-04$41.98$45.0047.9%11.4%36.0%16.8%43.4%10.7%6.6%316.3K-11.4M-57.4K0.4749.15202946,7651,556
2021-03-05$43.35$44.0051.8%12.7%36.7%20.6%42.0%4.7%-4.2%366.3K-13.7M-60.3K0.1733.48290506,8751,603
2021-03-08$43.65$44.0056.7%12.1%36.7%25.3%44.2%3.4%-1.1%383.4K-14.5M-58.6K0.9931.802422397,0061,619
2021-03-09$44.73$44.0055.2%12.4%37.0%23.9%41.2%5.5%-5.4%390.4K-16.4M-61.8K0.1225.54388467,1241,860
2021-03-10$45.34$44.0041.8%12.0%36.8%10.9%41.2%4.9%-0.8%434.3K-17.6M-61.2K0.0729.30435297,2171,877
2021-03-11$47.60$44.0041.7%11.9%39.9%10.8%43.9%1.3%-1.5%460.0K-22.2M-58.9K0.1450.631,4031987,2101,869
2021-03-12$48.53$44.0040.6%11.6%39.8%9.8%41.7%8.1%-1.5%509.5K-24.5M-60.8K0.3137.709663017,7861,942
2021-03-15$48.75$45.0043.4%12.5%39.6%12.5%43.8%1.3%-2.9%576.8K-26.0M-62.0K0.4235.154,0291,6808,4402,144
2021-03-16$50.35$45.0032.9%9.4%40.6%2.3%34.4%0.2%3.3%1.2M-33.9M-61.8K0.8065.372,3841,90211,2474,054
2021-03-17$51.05$45.0032.7%9.4%39.3%2.2%32.8%-0.6%3.3%1.0M-36.1M-56.0K0.3669.4488031611,2914,417
2021-03-18$49.76$46.0033.6%9.6%40.5%3.0%32.8%12.7%-0.4%1.1M-29.2M-61.1K0.4866.6759028511,1664,557
2021-03-19$51.54$46.0032.9%9.4%41.6%2.8%33.0%1.3%0.9%389.9K-36.8M-59.9K0.0672.382,10612111,1434,559
2021-03-22$50.53$47.0033.4%9.6%42.3%3.6%30.3%-4.0%-1.4%400.1K-18.6M-63.6K1.8982.131663136,4511,578
2021-03-23$48.14$48.0031.9%9.2%46.4%1.9%40.6%-1.6%0.6%288.4K-15.0M-66.2K3.7187.742037536,5441,779
2021-03-24$49.01$48.0031.8%9.1%46.1%2.9%33.5%-0.7%1.4%275.6K-16.0M-65.9K0.7782.432481926,5812,303
2021-03-25$49.63$48.0031.6%9.1%42.3%2.4%31.7%1.2%-0.0%294.8K-16.7M-65.5K0.8748.9767586,6252,435
2021-03-26$51.52$48.0034.8%10.0%43.6%9.2%35.0%-1.5%-4.0%367.2K-20.1M-67.1K0.2272.50322706,6372,439
2021-03-29$51.34$48.0033.2%9.5%42.7%5.9%33.9%0.9%0.4%381.1K-20.2M-64.1K0.3847.632981136,7322,442
2021-03-30$51.42$48.0032.8%9.4%41.5%4.9%35.0%0.2%0.3%412.6K-20.9M-62.6K1.7341.731763056,9092,533
2021-03-31$52.60$48.0030.4%8.7%41.1%0.0%31.1%0.3%0.0%472.1K-22.7M-64.9K0.6268.582631646,9922,831