JBL Options History — March 2023

In March 2023, JBL traded between $78.53 and $87.80. ATM implied volatility averaged 38.7%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 19.1% (HV 20d: 19.7%). Max pain ranged from $65.00 to $85.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 2.29.

Notable Days

  • 2023-03-09: Highest Volume — 5,242 contracts
  • 2023-03-15: Largest IV drop — 51.4% change
  • 2023-03-14: Highest IV Rank — 100.0%
  • 2023-03-03: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$83.13$78.53$87.80$83.90$87.80
Max Pain$80.00$65.00$85.00$65.00$80.00
ATM IV38.7%25.2%77.6%37.3%25.2%
Expected Move9.1%7.2%11.7%10.7%7.2%
HV 20d19.7%15.4%24.7%17.5%24.7%
HV 60d26.5%25.0%27.6%27.2%25.0%
IV Rank25.7%0.0%100.0%23.1%0.0%
IV Percentile44.5%0.0%100.0%62.3%0.0%
Term Structure-1.2%-8.9%1.2%-6.4%0.8%
VWIV32.5%25.8%40.8%39.8%25.8%
Skew 25d5.2%3.2%7.7%6.7%4.4%
Skew 10d10.3%2.7%18.8%9.9%9.7%
Call IV 25d30.3%25.0%39.2%34.0%25.1%
Put IV 25d35.5%29.5%42.6%40.7%29.5%
Bid-Ask Spread %72.9248.0089.5661.8263.05
Gamma HHI0.340.280.460.280.42
Net GEX1.2M243.9K1.7M1.4M1.7M
Net DEX-37.3M-57.0M-18.2M-51.3M-43.1M
Net VEX-200.7K-244.1K-177.3K-180.8K-244.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.290.1923.921.720.39
Total Volume1,231.5651235,242326573
Total OI18,854.73915,45525,63317,61719,025

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-03-01$83.90$65.0037.3%10.7%17.5%23.1%39.8%6.7%-6.4%1.4M-51.3M-180.8K1.7261.8212020610,9046,713
2023-03-02$84.14$65.0039.8%11.4%15.4%28.0%40.7%3.9%-7.9%1.4M-52.3M-180.1K0.6057.6835421110,9716,800
2023-03-03$85.34$65.0041.0%11.7%16.0%30.3%40.8%3.2%-8.9%1.4M-57.0M-180.7K0.2566.5360114811,1246,899
2023-03-06$84.42$85.0044.3%9.0%16.3%36.8%31.1%5.0%-0.1%1.6M-54.5M-177.3K0.2178.8269414611,4446,970
2023-03-07$84.04$85.0045.3%8.9%16.1%38.8%30.9%4.5%-0.3%1.6M-54.4M-183.1K0.4948.001818911,7797,030
2023-03-08$84.74$85.0046.5%9.1%16.0%41.3%31.7%4.3%-0.3%1.6M-56.7M-184.3K0.6770.641389311,7847,115
2023-03-09$83.50$85.0050.3%9.2%16.0%48.8%32.5%7.7%0.1%1.6M-51.8M-184.5K0.9758.342,6612,58111,8417,086
2023-03-10$81.74$85.0054.6%10.5%17.3%57.3%35.3%4.0%-2.6%1.3M-42.1M-210.9K0.8573.9039833913,3898,801
2023-03-13$81.53$85.0076.0%10.8%16.0%99.6%35.2%5.3%-2.8%1.3M-40.4M-205.3K0.4578.2739217713,5269,003
2023-03-14$82.58$85.0077.6%10.1%15.5%100.0%35.0%5.5%-1.9%1.5M-45.2M-204.1K0.7278.6858141613,5619,017
2023-03-15$80.20$85.0037.8%10.8%18.4%23.3%40.3%5.7%-3.0%1.1M-32.7M-197.0K0.8280.262,0301,66113,5509,253
2023-03-16$78.77$85.0031.7%9.1%19.2%11.7%32.9%5.5%-0.6%429.4K-22.3M-185.8K0.3975.961,68666514,55010,516
2023-03-17$78.53$80.0031.5%9.0%18.9%11.2%31.7%4.9%0.0%243.9K-20.8M-188.0K0.1980.801,47328715,09010,543
2023-03-20$81.08$80.0029.1%8.3%22.7%6.6%28.8%4.0%1.2%606.6K-18.2M-204.4K0.3867.242711049,7035,752
2023-03-21$82.58$80.0026.8%7.7%23.3%2.3%36.6%5.8%0.6%858.7K-22.6M-206.9K0.3282.96254829,7085,835
2023-03-22$83.01$80.0027.8%8.0%23.3%4.1%26.2%4.6%0.8%886.3K-25.5M-206.4K6.8584.51966589,7345,884
2023-03-23$82.98$80.0029.3%8.4%22.8%7.0%32.3%6.0%0.0%831.7K-23.0M-217.9K23.9285.701022,4409,7566,474
2023-03-24$83.39$80.0028.8%8.2%22.8%6.0%28.7%6.7%0.5%1.1M-26.6M-217.6K0.4569.7985389,7596,448
2023-03-27$83.17$80.0027.9%8.0%22.8%4.4%29.0%5.4%0.7%1.1M-24.5M-212.5K0.7173.4773529,7676,483
2023-03-28$83.23$80.0027.6%7.9%22.8%3.9%27.5%5.1%0.8%1.0M-25.2M-209.6K2.1080.072886069,7586,493
2023-03-29$84.79$80.0026.5%7.6%23.6%1.7%26.6%7.3%0.9%1.2M-30.7M-212.7K5.8889.56653829,7536,950
2023-03-30$86.62$80.0028.2%8.1%24.7%4.9%27.0%5.2%0.8%1.5M-36.7M-222.5K3.3271.068872,9429,7917,327
2023-03-31$87.80$80.0025.2%7.2%24.7%0.0%25.8%4.4%0.8%1.7M-43.1M-244.1K0.3963.0541116210,4848,541