JBL Options History — July 2023

In July 2023, JBL traded between $108.02 and $115.06. ATM implied volatility averaged 24.5%, placing in the 4.1% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 3.3% (HV 20d: 21.3%). Max pain ranged from $95.00 to $105.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.58.

Notable Days

  • 2023-07-07: Highest Volume — 1,980 contracts
  • 2023-07-10: Largest IV spike — 9.6% change
  • 2023-07-31: Highest IV Rank — 6.0%
  • 2023-07-31: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$111.18$108.02$115.06$109.02$110.62
Max Pain$101.00$95.00$105.00$95.00$105.00
ATM IV24.5%22.0%25.9%22.0%25.9%
Expected Move7.1%6.3%7.4%6.3%7.4%
HV 20d21.3%17.3%25.6%25.0%18.3%
HV 60d25.3%23.1%26.8%26.7%23.5%
IV Rank4.1%0.7%6.0%0.7%6.0%
IV Percentile6.5%0.4%15.9%0.4%15.9%
Term Structure0.2%-0.7%1.3%1.3%-0.1%
VWIV24.9%21.8%26.0%21.8%25.8%
Skew 25d1.5%0.0%2.3%0.0%1.2%
Skew 10d3.0%-0.9%7.2%2.4%3.0%
Call IV 25d24.4%22.5%25.8%22.5%25.3%
Put IV 25d25.9%22.5%26.9%22.5%26.5%
Bid-Ask Spread %63.7825.0279.1268.9345.66
Gamma HHI0.250.200.300.290.20
Net GEX3.7M2.4M4.6M4.0M2.7M
Net DEX-129.7M-166.4M-89.5M-124.0M-104.4M
Net VEX-342.6K-364.1K-325.3K-325.3K-364.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.081.980.520.75
Total Volume823.92891,980289624
Total OI30,835.2527,93634,36029,54229,968

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-07-03$109.02$95.0022.0%6.3%25.0%0.7%21.8%0.0%1.3%4.0M-124.0M-325.3K0.5268.931909918,99310,549
2023-07-05$108.78$95.0022.9%6.6%24.9%1.8%23.9%0.0%1.2%4.0M-121.5M-326.6K0.2362.342445519,04210,621
2023-07-06$108.02$100.0024.0%7.0%25.4%3.3%25.3%2.3%-0.3%3.8M-115.2M-339.3K0.0850.847215719,19610,637
2023-07-07$109.52$100.0023.2%7.0%25.5%2.3%25.2%1.8%0.1%4.1M-125.9M-332.1K0.3867.071,43254819,36810,638
2023-07-10$111.26$100.0025.4%7.4%25.6%5.3%25.4%2.0%-0.1%4.3M-139.0M-338.7K0.4469.7639017320,26210,894
2023-07-11$111.71$100.0025.1%7.2%25.6%4.9%25.1%2.2%0.8%4.5M-142.5M-342.3K0.1966.6572914120,35110,990
2023-07-12$111.13$100.0024.2%6.9%22.9%3.6%24.1%1.9%0.9%4.6M-140.7M-346.0K0.4264.6425810920,77511,058
2023-07-13$112.38$100.0024.6%7.1%22.9%4.2%24.2%1.8%0.2%4.6M-149.1M-338.0K0.2625.023809820,82611,097
2023-07-14$111.61$100.0024.4%7.0%23.4%3.9%25.2%2.1%0.4%4.6M-143.5M-338.6K1.9871.6620440320,80211,137
2023-07-17$112.84$100.0024.1%6.9%18.3%3.6%26.0%1.9%0.2%4.4M-152.2M-329.0K0.2770.751,38237120,86111,339
2023-07-18$114.97$100.0024.6%7.0%19.0%4.2%26.0%2.0%0.0%4.5M-163.9M-335.6K0.3572.341,24343721,01711,565
2023-07-19$115.06$100.0024.9%7.1%18.8%4.6%25.1%1.5%0.4%3.9M-166.4M-337.1K0.2967.0559317121,29811,677
2023-07-20$113.02$100.0025.0%7.2%19.7%4.8%25.7%1.7%0.3%3.9M-153.5M-346.2K0.7151.5740928921,47811,776
2023-07-21$112.50$100.0025.2%7.2%18.7%5.1%24.3%1.7%-0.4%2.8M-150.9M-350.6K1.5876.3723436922,43611,924
2023-07-24$111.48$105.0025.4%7.3%18.9%5.4%25.3%1.1%-0.5%2.8M-106.7M-353.1K0.7273.8761944618,1879,749
2023-07-25$111.77$105.0025.5%7.3%17.8%5.4%25.7%0.6%-0.7%2.8M-110.2M-353.6K0.3158.8841913118,50310,043
2023-07-26$110.86$105.0025.0%7.2%17.7%4.8%25.1%1.7%0.1%2.7M-104.4M-347.1K0.7276.6041529718,82810,155
2023-07-27$108.59$105.0025.0%7.2%19.5%4.8%25.6%0.7%-0.2%2.4M-91.1M-355.0K1.2879.1227735518,96510,298
2023-07-28$108.52$105.0024.1%6.9%17.3%3.5%24.1%1.2%0.8%2.4M-89.5M-353.6K0.1456.501,02214419,04510,357
2023-07-31$110.62$105.0025.9%7.4%18.3%6.0%25.8%1.2%-0.1%2.7M-104.4M-364.1K0.7545.6635626819,65510,313