PID Options History — May 2008

In May 2008, PID traded between $19.71 and $20.27. ATM implied volatility averaged 29.5%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 13.4% (HV 20d: 16.1%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2008-05-09: Highest Volume — 10 contracts
  • 2008-05-15: Largest IV drop — 73.3% change
  • 2008-05-14: Highest IV Rank — 35.4%
  • 2008-05-01: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.92$19.71$20.27$19.72$19.91
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV29.5%14.5%58.7%36.0%26.4%
Expected Move6.0%4.2%10.3%10.3%7.6%
HV 20d16.1%12.4%19.3%18.4%13.4%
HV 60d22.8%22.0%23.1%22.8%22.0%
IV Rank17.4%8.1%35.4%21.4%15.5%
IV Percentile56.2%27.8%94.0%73.0%47.6%
Term Structure-1.7%-8.8%5.4%-3.2%-8.8%
VWIV20.9%20.9%20.9%20.9%20.9%
Skew 25d6.7%1.2%26.8%24.9%2.2%
Skew 10d7.8%3.3%26.9%25.4%4.2%
Call IV 25d16.3%13.0%21.0%18.8%21.0%
Put IV 25d23.0%15.8%43.7%43.7%23.3%
Bid-Ask Spread %134.8184.09176.39176.39156.07
Gamma HHI0.450.410.520.410.45
Net GEX3.5K2.7K4.6K2.9K3.2K
Net DEX-25.5K-34.1K-14.0K-28.4K-18.7K
Net VEX-99-112-84-110-98
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.71401000
Total OI39.66738433843

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-05-01$19.72$0.0036.0%10.3%18.4%21.4%0.0%24.9%-3.2%2.9K-28.4K-1100.00176.39N/AN/A00380
2008-05-02$19.97$0.0033.3%9.5%18.9%19.7%0.0%26.8%-2.0%3.1K-32.0K-1120.00172.19N/AN/A00380
2008-05-05$19.85$20.0038.1%5.2%19.1%22.7%0.0%6.2%1.8%3.2K-29.5K-1070.00156.10N/AN/A00380
2008-05-06$19.99$20.0031.6%4.5%18.8%18.7%0.0%5.8%5.4%3.6K-30.2K-1030.00140.80N/AN/A00380
2008-05-07$19.71$20.0053.2%6.5%19.3%32.0%0.0%9.2%1.3%2.7K-29.2K-1040.00166.02N/AN/A00380
2008-05-08$19.83$20.0035.9%4.9%19.3%21.3%0.0%7.1%1.8%3.4K-27.5K-980.00140.04N/AN/A00380
2008-05-09$19.80$20.0038.1%6.4%18.6%22.7%20.9%7.0%-7.3%3.2K-27.7K-1000.00139.63N/AN/A100380
2008-05-12$19.96$20.0041.5%6.6%18.7%24.8%0.0%5.9%-6.5%3.4K-30.5K-1000.00139.50N/AN/A00380
2008-05-13$19.79$20.0040.3%5.0%19.2%24.0%0.0%3.9%-0.5%3.6K-24.5K-880.00116.29N/AN/A00380
2008-05-14$19.80$20.0058.7%6.5%16.4%35.4%0.0%5.7%-6.3%3.2K-27.3K-950.00140.27N/AN/A00380
2008-05-15$20.08$20.0015.6%4.5%17.0%8.8%0.0%2.8%0.5%4.4K-29.3K-900.00105.89N/AN/A00380
2008-05-16$20.26$20.0016.7%4.8%14.1%9.5%0.0%3.5%-0.8%4.5K-34.1K-960.00125.29N/AN/A00380
2008-05-19$20.27$20.0017.5%5.0%12.4%10.0%0.0%3.9%-2.6%4.5K-34.1K-920.00113.85N/AN/A00380
2008-05-20$20.13$20.0017.3%5.0%12.5%9.9%0.0%2.9%-0.8%4.6K-28.6K-840.0084.09N/AN/A05380
2008-05-21$19.85$20.0016.7%4.8%13.5%9.5%0.0%4.4%4.1%3.3K-16.1K-1040.00128.37N/AN/A00385
2008-05-22$20.04$20.0014.5%4.2%13.8%8.1%0.0%3.6%5.2%3.9K-18.4K-1060.00116.68N/AN/A00385
2008-05-23$19.87$20.0017.3%5.0%13.9%9.9%0.0%1.5%-1.8%3.5K-15.2K-1000.00107.97N/AN/A00385
2008-05-27$19.77$20.0024.0%6.9%14.0%14.0%0.0%2.8%-5.3%3.0K-16.3K-990.00140.50N/AN/A00385
2008-05-28$19.83$20.0018.4%5.3%13.7%10.5%0.0%1.2%-4.2%3.4K-14.0K-910.00105.83N/AN/A00385
2008-05-29$19.83$20.0028.9%8.3%13.5%17.0%0.0%9.9%-6.5%3.1K-24.7K-1060.00159.14N/AN/A00385
2008-05-30$19.91$20.0026.4%7.6%13.4%15.5%0.0%2.2%-8.8%3.2K-18.7K-980.00156.07N/AN/A00385