PID Options History — December 2007

In December 2007, PID traded between $20.20 and $21.50. ATM implied volatility averaged 38.7%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 14.8% (HV 20d: 23.9%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2007-12-21: Highest Volume — 53 contracts
  • 2007-12-24: Largest IV spike — 351.2% change
  • 2007-12-24: Highest IV Rank — 69.7%
  • 2007-12-24: Largest Expected Move — 32.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.77$20.20$21.50$21.09$20.58
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV38.7%23.4%114.3%26.7%54.8%
Expected Move10.3%6.7%32.8%7.7%15.7%
HV 20d23.9%17.3%29.5%29.5%18.4%
HV 60d22.8%22.1%23.2%22.6%23.2%
IV Rank23.1%13.6%69.7%15.6%33.0%
IV Percentile85.4%77.7%97.4%82.3%92.7%
Term Structure-12.0%-36.4%-4.5%-7.3%-16.3%
Skew 25d11.9%3.4%109.6%5.0%5.2%
Skew 10d12.1%2.3%109.6%10.6%3.1%
Call IV 25d19.2%11.3%31.5%19.6%27.7%
Put IV 25d31.1%18.8%141.1%24.6%32.9%
Bid-Ask Spread %195.67182.27200.00194.96200.00
Gamma HHI0.380.290.550.300.47
Net GEX12.6K3.1K21.5K19.4K6.1K
Net DEX-94.4K-240.9K74.3K-149.6K-58.3K
Net VEX-637-948-361-938-365
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume5.5053017
Total OI335.3129422416129

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-12-03$21.09$21.0026.7%7.7%29.5%15.6%0.0%5.0%-7.3%19.4K-149.6K-9380.00194.96N/AN/A0032294
2007-12-04$20.88$21.0037.6%10.8%29.5%22.4%0.0%7.2%-5.9%15.6K-133.6K-9070.00197.75N/AN/A0032294
2007-12-05$21.03$21.0023.4%6.7%29.2%13.6%0.0%9.4%-6.2%21.5K-115.8K-8320.00189.28N/AN/A0032294
2007-12-06$21.15$21.0038.3%11.0%27.7%22.8%0.0%17.5%-16.8%10.6K-215.1K-9480.00186.17N/AN/A0032294
2007-12-07$21.28$0.0038.6%7.2%27.8%23.0%0.0%6.0%-5.7%11.3K-225.8K-9340.00200.00N/AN/A3032294
2007-12-10$21.50$0.0050.8%7.6%27.5%30.5%0.0%6.9%-10.4%11.5K-240.9K-8860.00200.00N/AN/A0031994
2007-12-11$20.91$0.0036.0%8.0%27.3%21.4%0.0%7.3%-7.4%17.7K-115.3K-7500.00200.00N/AN/A13031994
2007-12-12$21.13$0.0035.9%6.8%24.7%21.3%0.0%4.8%-4.5%19.1K-120.5K-7340.00200.00N/AN/A22030694
2007-12-13$20.77$0.0027.8%8.0%25.2%16.3%0.0%6.5%-5.2%17.0K-102.1K-7510.00200.00N/AN/A0032894
2007-12-14$20.50$0.0026.9%7.7%24.5%15.8%0.0%4.9%-12.1%15.9K-64.3K-6770.00199.23N/AN/A0032894
2007-12-17$20.22$0.0036.9%10.6%24.6%21.9%0.0%7.2%-18.7%13.6K-46.5K-5990.00197.86N/AN/A0032894
2007-12-18$20.32$0.0027.8%8.0%22.7%16.3%0.0%4.7%-10.0%13.8K-58.1K-5530.00198.16N/AN/A2032894
2007-12-19$20.20$0.0036.5%10.5%22.5%21.7%0.0%7.4%-18.5%8.6K-55.7K-3890.00197.52N/AN/A0021128
2007-12-20$20.24$0.0037.6%10.8%21.3%22.4%0.0%7.6%-21.4%7.5K74.3K-3830.00197.86N/AN/A0032694
2007-12-21$20.50$0.0025.3%7.3%20.9%14.8%0.0%3.4%-11.3%19.4K43.4K-3860.00189.99N/AN/A05331494
2007-12-24$20.69$0.00114.3%32.8%20.7%69.7%0.0%109.6%-36.4%3.1K-109.6K-5210.00200.00N/AN/A001218
2007-12-26$20.75$0.0033.3%9.6%18.8%19.7%0.0%6.5%-9.4%6.7K-68.5K-4210.00182.27N/AN/A001218
2007-12-27$20.69$0.0034.6%9.9%17.3%20.6%0.0%5.9%-8.1%6.5K-66.3K-3950.00182.38N/AN/A001218
2007-12-28$20.91$0.0031.1%8.9%17.8%18.3%0.0%5.3%-8.5%7.3K-59.6K-3610.00200.00N/AN/A001218
2007-12-31$20.58$0.0054.8%15.7%18.4%33.0%0.0%5.2%-16.3%6.1K-58.3K-3650.00200.00N/AN/A1701218