JBL Options History — January 2023

In January 2023, JBL traded between $65.19 and $81.16. ATM implied volatility averaged 29.5%, placing in the 7.7% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded below realized volatility by 4.0% (HV 20d: 33.6%). Max pain ranged from $65.00 to $75.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.70.

Notable Days

2023-01-06: Highest Volume — 7,219 contracts
2023-01-13: Largest IV drop — 15.2% change
2023-01-03: Highest IV Rank — 18.3%
2023-01-03: Largest Expected Move — 10.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$75.20	$65.19	$81.16	$67.19	$78.41
Max Pain	$71.50	$65.00	$75.00	$65.00	$75.00
ATM IV	29.5%	25.7%	34.9%	34.9%	28.4%
Expected Move	8.4%	7.4%	10.0%	10.0%	8.2%
HV 20d	33.6%	27.2%	39.4%	27.2%	33.2%
HV 60d	31.6%	30.4%	33.1%	31.1%	30.4%
IV Rank	7.7%	0.1%	18.3%	18.3%	5.6%
IV Percentile	10.1%	0.4%	38.5%	38.5%	5.2%
Term Structure	2.1%	-1.8%	4.1%	-1.8%	2.8%
VWIV	30.2%	27.4%	34.5%	34.3%	30.6%
Skew 25d	4.5%	2.4%	6.2%	2.4%	4.5%
Skew 10d	8.3%	2.9%	11.9%	4.0%	10.7%
Call IV 25d	27.7%	24.5%	33.7%	33.7%	27.7%
Put IV 25d	32.2%	29.4%	36.9%	36.1%	32.2%
Bid-Ask Spread %	60.33	47.95	76.46	58.84	48.40
Gamma HHI	0.43	0.31	0.68	0.36	0.40
Net GEX	2.3M	713.5K	4.0M	1.5M	1.7M
Net DEX	-53.0M	-106.8M	-7.7M	-18.4M	-40.1M
Net VEX	-135.7K	-209.7K	-78.5K	-105.5K	-204.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.70	0.03	4.59	0.07	0.61
Total Volume	1,572.15	204	7,219	485	224
Total OI	23,293.65	15,876	30,414	23,437	19,762

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2023-01-03	$67.19	$65.00	34.9%	10.0%	27.2%	18.3%	34.3%	2.4%	-1.8%	1.5M	-18.4M	-105.5K	0.07	58.84	455	30	14,252	9,185
2023-01-04	$65.65	$65.00	33.7%	9.6%	27.8%	15.9%	34.5%	3.6%	-1.1%	940.1K	-11.0M	-95.3K	4.59	64.41	126	578	14,556	9,179
2023-01-05	$65.19	$65.00	32.6%	9.1%	27.8%	13.8%	33.5%	4.4%	2.2%	713.5K	-7.7M	-96.5K	1.82	66.04	141	257	14,573	9,695
2023-01-06	$67.89	$65.00	28.9%	8.4%	32.0%	6.5%	31.6%	4.6%	2.2%	1.5M	-18.0M	-98.9K	0.03	65.33	7,040	179	14,540	9,928
2023-01-09	$71.44	$65.00	32.7%	8.8%	36.7%	14.0%	30.2%	5.1%	2.0%	3.4M	-41.4M	-97.9K	0.31	68.23	964	299	14,140	10,031
2023-01-10	$72.03	$65.00	32.9%	9.2%	36.8%	14.4%	32.6%	5.6%	1.6%	3.6M	-45.8M	-95.9K	0.75	61.70	611	461	13,800	9,975
2023-01-11	$74.75	$70.00	29.8%	8.5%	39.0%	8.3%	30.9%	5.1%	2.3%	4.0M	-65.8M	-90.0K	0.23	49.46	891	204	13,831	10,190
2023-01-12	$76.26	$70.00	30.3%	8.7%	39.4%	9.2%	29.1%	5.7%	1.8%	4.0M	-77.0M	-78.5K	0.15	47.95	3,179	484	13,719	10,345
2023-01-13	$77.58	$75.00	25.7%	7.4%	39.4%	0.1%	28.2%	6.2%	4.1%	3.6M	-85.6M	-88.4K	0.56	58.55	850	472	14,707	10,851
2023-01-17	$78.27	$75.00	27.4%	7.9%	33.1%	3.6%	28.5%	4.8%	2.3%	3.2M	-93.5M	-81.1K	0.17	60.48	2,577	440	15,514	11,250
2023-01-18	$78.48	$75.00	28.4%	8.2%	33.1%	5.6%	29.6%	4.8%	2.0%	3.0M	-97.7M	-120.7K	0.19	76.46	1,252	232	17,038	11,651
2023-01-19	$78.11	$75.00	28.4%	8.2%	32.6%	5.6%	29.4%	4.5%	2.0%	3.2M	-96.9M	-134.6K	0.05	71.28	1,411	69	17,695	11,851
2023-01-20	$79.03	$75.00	27.0%	7.7%	32.5%	2.8%	28.0%	4.3%	3.0%	1.5M	-106.8M	-154.0K	0.18	72.37	398	71	18,521	11,893
2023-01-23	$81.16	$75.00	28.0%	8.0%	33.2%	4.6%	28.6%	5.0%	2.4%	1.5M	-50.3M	-146.4K	0.89	54.92	2,065	1,838	9,627	6,249
2023-01-24	$80.81	$75.00	28.1%	8.1%	32.7%	4.8%	28.0%	3.3%	2.5%	1.7M	-50.2M	-200.1K	0.30	55.13	439	132	11,365	7,658
2023-01-25	$79.72	$75.00	27.0%	7.7%	33.4%	2.7%	29.0%	3.6%	3.4%	1.7M	-46.8M	-209.7K	1.46	61.72	850	1,241	11,776	7,685
2023-01-26	$77.95	$75.00	27.1%	7.8%	35.0%	2.9%	30.0%	3.5%	3.0%	1.6M	-39.2M	-207.7K	1.04	65.44	179	186	11,846	7,712
2023-01-27	$77.28	$75.00	28.9%	8.3%	33.2%	6.4%	27.4%	4.9%	2.5%	1.6M	-35.8M	-205.1K	0.42	50.55	144	60	11,870	7,722
2023-01-30	$76.83	$75.00	30.6%	8.8%	33.2%	9.9%	29.9%	4.7%	2.2%	1.5M	-32.9M	-203.1K	0.21	49.36	342	72	11,884	7,807
2023-01-31	$78.41	$75.00	28.4%	8.2%	33.2%	5.6%	30.6%	4.5%	2.8%	1.7M	-40.1M	-204.7K	0.61	48.40	139	85	11,928	7,834