PID Options History — February 2008

In February 2008, PID traded between $18.48 and $19.63. ATM implied volatility averaged 30.0%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 6.9% (HV 20d: 23.1%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2008-02-04: Highest Volume — 4 contracts
  • 2008-02-19: Largest IV spike — 42.2% change
  • 2008-02-05: Highest IV Rank — 24.4%
  • 2008-02-29: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.99$18.48$19.63$19.63$18.93
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV30.0%19.1%41.0%37.2%40.2%
Expected Move7.5%5.5%11.5%10.7%11.5%
HV 20d23.1%19.0%27.5%26.2%21.8%
HV 60d23.0%20.9%25.4%24.7%21.6%
IV Rank17.7%11.0%24.4%22.1%23.9%
IV Percentile73.9%59.5%86.9%84.9%86.5%
Term Structure-2.3%-14.1%11.6%-11.9%-5.6%
Skew 25d2.5%-3.5%7.0%5.5%1.9%
Skew 10d5.8%2.7%9.0%8.3%4.7%
Call IV 25d22.2%15.9%32.3%32.3%26.5%
Put IV 25d24.7%19.4%37.9%37.9%28.4%
Bid-Ask Spread %142.69100.97176.90176.17172.43
Gamma HHI0.310.270.340.270.29
Net GEX2.7K1.7K4.5K3.7K3.1K
Net DEX-9.5K-34.5K21.9K-3.8K-21.3K
Net VEX-207-322-162-322-189
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.20400
Total OI161.7156176173156

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-02-01$19.63$0.0037.2%10.7%26.2%22.1%0.0%5.5%-11.9%3.7K-3.8K-3220.00176.17N/AN/A0014429
2008-02-04$19.43$19.0036.3%7.4%26.2%21.6%0.0%3.9%-4.4%3.3K1.8K-3020.00152.43N/AN/A4014429
2008-02-05$18.76$19.0041.0%8.0%27.5%24.4%0.0%7.0%-5.4%2.3K15.1K-2540.00147.48N/AN/A0014729
2008-02-06$18.62$19.0032.7%7.1%27.5%19.3%0.0%4.1%-0.7%1.9K19.8K-2270.00142.50N/AN/A0014729
2008-02-07$18.62$19.0033.3%6.9%26.1%19.7%0.0%5.2%-0.3%1.8K21.9K-2140.00137.02N/AN/A0014729
2008-02-08$18.51$19.0037.3%7.4%24.2%22.2%0.0%3.4%-2.6%1.7K18.2K-2400.00146.14N/AN/A0014729
2008-02-11$18.48$19.0031.7%7.8%24.1%18.7%0.0%5.7%-1.6%2.1K-10.3K-1720.00102.63N/AN/A001479
2008-02-12$18.72$19.0032.5%6.2%24.5%19.2%0.0%1.9%0.2%1.9K-10.2K-1680.00125.39N/AN/A001479
2008-02-13$18.91$19.0027.2%5.6%24.7%16.0%0.0%3.8%0.9%2.4K-14.3K-1730.00100.97N/AN/A001479
2008-02-14$18.81$19.0023.6%6.8%22.7%13.8%0.0%-2.5%-1.6%2.0K-13.2K-1770.00142.32N/AN/A001479
2008-02-15$18.70$19.0019.1%5.5%22.6%11.0%0.0%0.7%2.2%2.3K-12.1K-1690.00115.71N/AN/A001479
2008-02-19$18.85$19.0027.1%7.8%21.7%15.9%0.0%-3.5%-4.7%2.4K-15.5K-1790.00152.55N/AN/A001479
2008-02-20$18.93$19.0019.7%5.6%21.7%11.3%0.0%3.1%0.7%2.0K-14.2K-1620.00106.84N/AN/A001479
2008-02-21$18.83$19.0024.5%7.0%21.5%14.3%0.0%-0.9%2.1%2.2K-13.9K-1710.00157.21N/AN/A001479
2008-02-22$19.01$19.0029.1%8.3%21.7%17.1%0.0%2.8%11.6%3.1K-19.9K-1950.00176.90N/AN/A001479
2008-02-25$19.32$19.0021.3%6.1%19.0%12.3%0.0%4.0%8.1%3.0K-22.2K-1830.00159.37N/AN/A001479
2008-02-26$19.59$19.0026.1%7.5%19.5%15.3%0.0%-1.6%-8.5%4.2K-32.6K-2160.00136.51N/AN/A001479
2008-02-27$19.61$19.0027.9%8.0%19.3%16.4%0.0%-0.4%-11.3%4.5K-34.5K-2210.00141.85N/AN/A001479
2008-02-28$19.47$19.0032.8%9.4%19.3%19.4%0.0%5.8%-14.1%3.7K-28.2K-2000.00161.41N/AN/A001479
2008-02-29$18.93$19.0040.2%11.5%21.8%23.9%0.0%1.9%-5.6%3.1K-21.3K-1890.00172.43N/AN/A001479