JBL Options History — December 2023

In December 2023, JBL traded between $114.66 and $136.81. ATM implied volatility averaged 33.6%, placing in the 16.6% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded below realized volatility by 25.7% (HV 20d: 59.3%). Max pain ranged from $115.00 to $120.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.67.

Notable Days

  • 2023-12-14: Highest Volume — 19,702 contracts
  • 2023-12-13: Largest IV drop — 56.6% change
  • 2023-12-12: Highest IV Rank — 66.1%
  • 2023-12-01: Largest Expected Move — 10.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$124.52$114.66$136.81$117.05$127.58
Max Pain$117.00$115.00$120.00$115.00$120.00
ATM IV33.6%23.5%69.7%36.6%23.5%
Expected Move7.9%6.8%10.5%10.5%6.8%
HV 20d59.3%49.7%69.9%52.0%51.1%
HV 60d51.3%45.2%57.4%50.5%45.2%
IV Rank16.6%2.8%66.1%20.6%2.8%
IV Percentile47.4%5.2%97.6%85.7%5.2%
Term Structure-0.0%-6.5%1.7%-6.5%1.7%
VWIV27.9%24.3%36.1%36.1%24.3%
Skew 25d1.8%0.6%4.1%4.1%0.7%
Skew 10d3.4%0.9%9.6%6.3%0.9%
Call IV 25d27.3%23.8%35.9%35.9%24.2%
Put IV 25d29.1%24.9%40.0%40.0%24.9%
Bid-Ask Spread %58.7619.0778.4869.9332.90
Gamma HHI0.150.120.170.160.14
Net GEX3.2M911.8K6.1M1.3M3.7M
Net DEX-84.2M-294.4M4.2M-21.4M-74.0M
Net VEX-595.4K-653.6K-523.0K-617.5K-627.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.084.880.470.37
Total Volume4,231.3534219,7025,2701,346
Total OI50,004.4535,92665,31255,40141,889

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-12-01$117.05$115.0036.6%10.5%52.0%20.6%36.1%4.1%-6.5%1.3M-21.4M-617.5K0.4769.933,5961,67433,63221,769
2023-12-04$115.60$115.0036.5%8.8%50.7%20.6%30.3%3.9%-0.9%1.5M-10.0M-585.5K0.2872.884,4781,24235,32821,868
2023-12-05$114.66$115.0036.0%8.8%50.4%19.9%31.2%4.0%-0.3%911.8K4.2M-565.4K0.3278.482,00964335,28722,168
2023-12-06$114.77$115.0041.1%8.8%50.4%26.9%30.7%3.2%-0.1%1.3M-2.7M-579.4K4.8876.291,7138,35536,15622,344
2023-12-07$116.30$115.0043.7%8.6%50.8%30.4%30.0%2.9%-0.1%2.6M-28.3M-570.1K1.3050.301,4261,85436,52821,414
2023-12-08$119.14$115.0045.5%8.5%51.6%32.9%29.7%1.8%-0.4%3.5M-65.0M-580.7K0.1570.172,91642336,24021,801
2023-12-11$121.19$115.0058.9%8.5%50.7%51.3%29.9%1.7%-0.8%3.9M-88.9M-535.5K0.3349.442,91494735,18321,815
2023-12-12$120.53$115.0069.7%8.6%50.6%66.1%30.3%1.5%-1.1%3.4M-77.5M-531.1K0.3571.731,64456835,35422,025
2023-12-13$120.40$115.0030.2%8.7%49.7%11.9%30.4%1.4%-1.3%3.2M-72.6M-523.0K0.3969.064,2801,65935,59222,121
2023-12-14$136.81$115.0027.2%7.8%68.5%7.7%27.4%0.6%0.4%6.1M-294.4M-523.6K0.5358.5212,8946,80837,20323,250
2023-12-15$135.22$115.0026.1%7.5%68.4%6.3%26.3%1.0%0.6%1.8M-253.7M-593.1K0.3667.176,6612,40338,23127,081
2023-12-18$130.04$115.0024.2%6.9%69.9%3.7%24.6%0.6%0.8%4.1M-101.4M-588.5K0.7266.432,1691,55122,96112,965
2023-12-19$131.14$120.0024.6%7.1%69.9%4.3%24.7%1.0%0.5%4.3M-110.3M-625.7K1.2619.0766884123,82914,130
2023-12-20$129.06$120.0025.8%7.4%69.9%5.9%26.5%1.4%1.0%3.5M-87.9M-653.6K0.6267.781,23676623,86014,684
2023-12-21$128.51$120.0024.5%7.0%69.9%4.0%25.2%1.0%1.2%3.3M-80.7M-651.2K0.1263.901,69720024,01115,138
2023-12-22$127.84$120.0024.9%7.1%69.9%4.6%25.8%1.5%0.7%3.5M-77.7M-652.6K0.3053.1095128525,07215,220
2023-12-26$129.22$120.0024.8%7.1%69.9%4.4%25.1%1.3%1.0%4.0M-89.8M-636.8K0.0850.107085525,70815,336
2023-12-27$127.36$120.0024.4%7.0%69.9%3.9%24.9%0.8%1.6%3.6M-73.4M-635.5K0.3847.822489425,99615,400
2023-12-28$128.07$120.0023.9%6.8%51.1%3.2%24.5%1.3%1.3%3.8M-78.8M-631.9K0.2540.1556514026,02915,471
2023-12-29$127.58$120.0023.5%6.8%51.1%2.8%24.3%0.7%1.7%3.7M-74.0M-627.7K0.3732.9098536126,30115,588