PID Options History — March 2007

In March 2007, PID traded between $17.90 and $19.36. ATM implied volatility averaged 15.7%. The 30-day expected move averaged 4.3%. IV traded below realized volatility by 5.9% (HV 20d: 21.6%). Max pain ranged from $16.00 to $19.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2007-03-23: Highest Volume — 22 contracts
  • 2007-03-15: Largest IV drop — 22.7% change
  • 2007-03-12: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.79$17.90$19.36$18.50$19.30
Max Pain$18.73$16.00$19.00$16.00$19.00
ATM IV15.7%11.5%21.5%12.6%16.0%
Expected Move4.3%3.3%5.5%3.6%4.6%
HV 20d21.6%17.5%24.4%18.2%17.5%
HV 60d16.3%15.9%16.7%16.2%15.9%
Term Structure-0.7%-3.1%2.6%-0.2%-2.9%
VWIV17.9%13.9%21.9%21.9%13.9%
Skew 25d1.4%-4.3%5.5%-0.7%4.7%
Skew 10d0.8%-1.9%2.6%1.0%2.0%
Call IV 25d12.9%9.0%17.0%14.8%11.4%
Put IV 25d14.3%11.0%16.0%14.2%16.0%
Bid-Ask Spread %54.1616.82109.36108.3827.19
Gamma HHI0.400.360.440.440.41
Net GEX9.9K7.1K13.7K10.5K13.7K
Net DEX-100.9K-160.5K-45.1K-89.8K-160.5K
Net VEX-395-510-286-336-498
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.909022140
Total OI134.727113152145152

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-03-01$18.50$16.0012.6%3.6%18.2%0.0%21.9%-0.7%-0.2%10.5K-89.8K-3360.00108.38N/AN/A14012520
2007-03-02$18.28$16.0011.5%3.3%18.7%0.0%0.0%-1.2%-0.5%9.1K-60.7K-3390.00109.36N/AN/A0011520
2007-03-05$17.90$19.0013.1%3.5%19.7%0.0%0.0%-1.2%1.2%7.1K-45.1K-2860.00103.83N/AN/A0211520
2007-03-06$18.35$19.0014.2%4.1%22.0%0.0%0.0%2.9%-0.5%8.7K-63.4K-3490.00101.22N/AN/A0011522
2007-03-07$18.39$19.0015.8%4.6%21.8%0.0%0.0%5.1%-1.9%9.1K-69.8K-3690.00100.42N/AN/A1011522
2007-03-08$18.50$19.0018.2%4.5%21.9%0.0%0.0%-0.3%-1.7%9.3K-75.5K-3730.0096.55N/AN/A0011622
2007-03-09$18.66$19.0019.8%5.4%22.1%0.0%0.0%-1.5%-1.9%9.4K-87.4K-3900.0088.68N/AN/A5011622
2007-03-12$18.80$19.0021.5%5.5%22.3%0.0%0.0%-4.3%-0.2%9.5K-93.2K-3950.0094.08N/AN/A0011622
2007-03-13$18.41$19.0017.8%4.7%23.2%0.0%0.0%-1.1%0.2%8.0K-69.2K-3670.0035.00N/AN/A1011622
2007-03-14$18.44$19.0020.2%4.3%23.0%0.0%0.0%-1.0%2.6%8.5K-75.7K-3720.0036.88N/AN/A1011722
2007-03-15$18.60$19.0015.6%4.5%23.0%0.0%0.0%0.7%1.1%9.2K-88.1K-3980.0034.39N/AN/A0011822
2007-03-16$18.57$19.0016.6%4.8%22.9%0.0%0.0%-0.5%0.4%9.3K-90.5K-3830.0036.69N/AN/A2011822
2007-03-19$18.84$19.0013.9%4.0%23.6%0.0%13.9%-2.0%0.6%8.0K-95.0K-3970.0016.82N/AN/A101076
2007-03-20$19.00$19.0013.3%3.8%23.8%0.0%0.0%-0.0%1.3%8.6K-102.0K-4020.0017.84N/AN/A001076
2007-03-21$19.28$19.0014.2%4.1%24.4%0.0%0.0%5.1%-0.0%9.0K-119.1K-3710.0026.68N/AN/A1201076
2007-03-22$19.27$19.0015.3%4.4%24.2%0.0%0.0%4.3%-0.2%9.1K-117.7K-3850.0023.87N/AN/A001096
2007-03-23$19.29$19.0014.7%4.2%24.2%0.0%0.0%5.3%-2.5%9.2K-122.7K-3560.0026.68N/AN/A2201096
2007-03-26$19.36$19.0015.6%4.5%24.2%0.0%0.0%5.5%-3.1%12.0K-148.1K-4520.0026.86N/AN/A501316
2007-03-27$19.28$19.0014.0%4.0%18.1%0.0%0.0%3.1%-1.8%12.5K-144.8K-4670.0027.67N/AN/A1001366
2007-03-28$19.11$19.0015.0%4.3%18.4%0.0%0.0%2.4%-2.3%13.7K-143.3K-4860.0025.18N/AN/A1001466
2007-03-29$19.31$19.0015.7%4.5%18.2%0.0%0.0%4.4%-2.7%13.5K-159.4K-5100.0027.21N/AN/A001466
2007-03-30$19.30$19.0016.0%4.6%17.5%0.0%0.0%4.7%-2.9%13.7K-160.5K-4980.0027.19N/AN/A001466