PID Options History — September 2007

In September 2007, PID traded between $20.49 and $21.29. ATM implied volatility averaged 16.0%, placing in the 55.9% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded below realized volatility by 6.6% (HV 20d: 22.6%). Net GEX was positive for 9 of 9 trading days. Term structure was in contango for 0 of 9 days. Put/call ratio averaged 0.00.

Notable Days

  • 2007-09-18: Highest Volume — 9 contracts
  • 2007-09-24: Largest IV spike — 195.5% change
  • 2007-09-27: Highest IV Rank — 100.0%
  • 2007-09-27: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.90$20.49$21.29$20.49$21.29
ATM IV16.0%6.6%29.4%16.4%12.2%
Expected Move5.8%4.7%8.4%4.7%8.4%
HV 20d22.6%18.8%23.9%23.9%18.8%
HV 60d19.0%18.8%19.4%19.1%18.8%
IV Rank55.9%20.8%100.0%59.2%39.0%
IV Percentile68.9%0.6%100.0%88.9%52.9%
Term Structure-5.4%-12.8%-0.9%-2.3%-12.8%
Skew 25d8.3%5.5%11.5%7.9%11.5%
Skew 10d11.5%8.2%15.3%10.9%15.3%
Call IV 25d12.8%12.0%13.3%13.3%12.0%
Put IV 25d21.1%18.5%23.5%21.2%23.5%
Bid-Ask Spread %195.13180.64200.00200.00200.00
Gamma HHI0.340.280.410.410.29
Net GEX27.8K11.1K54.7K50.5K16.8K
Net DEX-217.3K-533.0K-10.4K-360.0K-174.7K
Net VEX-1.5K-1.7K-983-1.7K-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume10900
Total OI465.778310654654384

Daily Data (9 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-09-11$20.49$0.0016.4%4.7%23.9%59.2%0.0%0.0%0.0%50.5K-360.0K-1.7K0.00200.00N/AN/A0055797
2007-09-13$20.62$0.0010.7%0.0%23.5%36.9%0.0%0.0%0.0%54.7K-398.1K-1.7K0.00200.00N/AN/A0055797
2007-09-14$20.52$0.0017.3%4.9%23.0%62.5%0.0%0.0%0.0%11.1K-10.4K-9830.00200.00N/AN/A0022486
2007-09-18$20.92$0.006.6%0.0%23.3%20.8%0.0%0.0%0.0%52.6K-533.0K-1.6K0.00200.00N/AN/A9055797
2007-09-24$21.00$0.0019.6%5.6%22.7%71.5%0.0%7.9%-2.3%16.0K-70.4K-1.4K0.00180.64N/AN/A0029094
2007-09-25$20.91$0.0018.3%5.2%22.6%66.4%0.0%5.5%-0.9%15.3K-107.9K-1.5K0.00185.94N/AN/A0029094
2007-09-26$21.07$0.0013.2%0.0%22.8%46.8%0.0%0.0%0.0%16.0K-138.0K-1.5K0.00200.00N/AN/A0029094
2007-09-27$21.28$0.0029.4%8.4%22.7%100.0%0.0%11.5%-12.8%17.1K-163.1K-1.6K0.00189.61N/AN/A0029094
2007-09-28$21.29$0.0012.2%0.0%18.8%39.0%0.0%0.0%0.0%16.8K-174.7K-1.6K0.00200.00N/AN/A0029094