JBL Options History — September 2023

In September 2023, JBL traded between $105.15 and $126.97. ATM implied volatility averaged 30.0%, placing in the 11.6% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded below realized volatility by 7.4% (HV 20d: 37.4%). Max pain ranged from $90.00 to $115.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.68.

Notable Days

2023-09-28: Highest Volume — 13,673 contracts
2023-09-29: Largest IV drop — 19.8% change
2023-09-26: Highest IV Rank — 22.6%
2023-09-26: Largest Expected Move — 10.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$109.82	$105.15	$126.97	$115.40	$126.97
Max Pain	$109.25	$90.00	$115.00	$90.00	$115.00
ATM IV	30.0%	21.8%	38.0%	21.8%	25.5%
Expected Move	9.0%	6.3%	10.9%	6.3%	7.3%
HV 20d	37.4%	20.9%	65.2%	33.3%	65.2%
HV 60d	27.6%	24.9%	43.1%	26.6%	43.1%
IV Rank	11.6%	0.4%	22.6%	0.4%	5.4%
IV Percentile	43.0%	0.4%	84.5%	0.4%	16.7%
Term Structure	-1.5%	-5.0%	7.5%	7.5%	0.4%
VWIV	31.2%	22.0%	38.4%	22.0%	25.9%
Skew 25d	3.0%	0.6%	3.8%	0.6%	2.0%
Skew 10d	6.2%	-1.4%	7.9%	-1.4%	4.9%
Call IV 25d	30.0%	21.6%	36.8%	21.6%	24.8%
Put IV 25d	33.0%	22.2%	40.2%	22.2%	26.8%
Bid-Ask Spread %	38.49	9.41	65.79	49.89	37.47
Gamma HHI	0.20	0.13	0.33	0.20	0.16
Net GEX	2.6M	1.3M	4.4M	4.4M	3.6M
Net DEX	-74.4M	-154.4M	-34.1M	-137.6M	-154.4M
Net VEX	-341.5K	-448.5K	-306.5K	-383.9K	-448.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.68	0.18	1.51	1.51	1.05
Total Volume	1,552.5	312	13,673	454	4,557
Total OI	30,084.75	21,867	35,788	34,743	33,445

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
2023-09-01	$115.40	$90.00	21.8%	6.3%	33.3%	0.4%	22.0%	0.6%	7.5%	4.4M	-137.6M	-383.9K	1.51	49.89	181	273	22,767	11,976
2023-09-05	$112.69	$110.00	23.5%	8.4%	34.6%	2.7%	29.1%	3.1%	0.1%	4.3M	-115.7M	-367.4K	0.46	15.13	395	182	22,736	12,048
2023-09-06	$111.39	$115.00	24.5%	8.7%	34.9%	4.0%	29.9%	3.5%	-0.1%	4.0M	-105.0M	-362.4K	0.72	44.15	338	243	22,797	12,122
2023-09-07	$108.61	$115.00	25.5%	8.9%	36.1%	5.5%	30.9%	3.8%	-0.4%	3.1M	-82.4M	-351.8K	0.50	59.35	487	243	22,871	12,200
2023-09-08	$107.00	$115.00	26.6%	9.1%	36.3%	7.0%	30.2%	3.3%	-0.6%	2.6M	-70.9M	-335.3K	0.18	32.32	1,130	199	22,990	12,191
2023-09-11	$107.67	$115.00	29.1%	8.6%	36.3%	10.4%	30.8%	3.2%	-0.3%	3.1M	-79.2M	-334.2K	0.85	19.25	320	273	23,464	11,935
2023-09-12	$107.11	$115.00	29.3%	8.9%	36.3%	10.7%	30.0%	3.4%	-1.0%	2.8M	-73.2M	-326.1K	0.62	15.43	239	148	23,556	11,998
2023-09-13	$107.67	$115.00	29.2%	8.4%	36.2%	10.6%	30.9%	3.4%	-0.9%	3.1M	-76.7M	-320.4K	0.74	25.76	291	214	23,603	11,982
2023-09-14	$108.27	$110.00	28.5%	8.2%	35.1%	9.6%	28.9%	3.1%	-1.3%	3.6M	-80.0M	-319.7K	0.33	52.56	370	123	23,688	12,028
2023-09-15	$105.75	$110.00	30.2%	8.7%	36.0%	11.9%	29.5%	2.7%	-1.9%	1.3M	-66.9M	-306.5K	0.52	32.83	313	163	23,676	12,112
2023-09-18	$106.69	$110.00	32.1%	9.2%	36.1%	14.4%	31.9%	2.9%	-2.6%	1.4M	-36.0M	-311.7K	0.83	65.79	1,068	887	15,582	6,285
2023-09-19	$107.20	$110.00	32.6%	9.4%	36.1%	15.2%	31.7%	2.9%	-3.0%	1.6M	-40.2M	-324.3K	0.51	9.41	662	340	16,288	6,628
2023-09-20	$107.38	$105.00	32.7%	9.4%	36.1%	15.4%	32.2%	3.1%	-3.3%	1.7M	-42.6M	-329.5K	0.61	38.32	233	143	16,791	6,880
2023-09-21	$105.73	$105.00	34.2%	9.8%	36.4%	17.3%	33.3%	3.4%	-3.6%	1.5M	-34.7M	-326.4K	0.40	39.47	264	105	16,877	6,939
2023-09-22	$107.40	$105.00	34.1%	9.8%	36.6%	17.3%	34.0%	3.8%	-3.8%	1.7M	-43.1M	-337.6K	1.04	65.71	153	159	17,028	7,013
2023-09-25	$108.09	$105.00	34.4%	9.9%	36.6%	17.7%	34.5%	3.2%	-3.8%	1.8M	-46.2M	-333.9K	0.38	58.55	494	190	17,077	7,030
2023-09-26	$105.15	$105.00	38.0%	10.9%	23.6%	22.6%	38.4%	3.4%	-5.0%	1.5M	-34.4M	-327.7K	0.76	27.78	352	269	17,344	7,057
2023-09-27	$105.37	$105.00	36.1%	10.4%	20.9%	20.0%	36.2%	2.2%	-4.7%	1.4M	-34.1M	-321.0K	0.67	39.18	826	550	17,558	7,297
2023-09-28	$124.80	$110.00	31.8%	9.1%	65.2%	14.1%	32.6%	2.2%	-1.9%	3.3M	-134.2M	-362.4K	0.87	41.50	7,322	6,351	18,166	7,670
2023-09-29	$126.97	$115.00	25.5%	7.3%	65.2%	5.4%	25.9%	2.0%	0.4%	3.6M	-154.4M	-448.5K	1.05	37.47	2,223	2,334	21,247	12,198