PID Options History — August 2008

In August 2008, PID traded between $16.52 and $17.55. ATM implied volatility averaged 80.3%, placing in the 48.7% IV rank vs the trailing year. The 30-day expected move averaged 20.8%. IV traded above realized volatility by 53.5% (HV 20d: 26.7%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2008-08-12: Largest IV spike — 117.9% change
  • 2008-08-29: Highest IV Rank — 90.4%
  • 2008-08-29: Largest Expected Move — 42.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.99$16.52$17.55$17.10$17.07
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV80.3%37.3%148.1%48.9%148.1%
Expected Move20.8%10.7%42.5%14.0%42.5%
HV 20d26.7%21.9%33.1%30.4%23.0%
HV 60d25.0%23.6%26.1%23.6%25.7%
IV Rank48.7%22.2%90.4%29.4%90.4%
IV Percentile85.8%56.7%99.6%77.0%99.6%
Term Structure-0.4%-0.4%-0.4%-0.4%-0.4%
Skew 25d14.6%7.3%29.5%8.9%13.8%
Skew 10d8.9%-3.5%21.7%-3.5%13.8%
Call IV 25d35.5%20.7%69.7%28.8%69.7%
Put IV 25d50.2%30.3%83.5%37.7%83.5%
Bid-Ask Spread %191.07187.83195.24191.72190.97
Gamma HHI1.001.001.001.001.00
Net GEX142116176154116
Net DEX-2.7K-3.5K-990-2.8K-3.4K
Net VEX-9-12-5-12-8
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI55555

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-08-01$17.10$0.0048.9%14.0%30.4%29.4%0.0%8.9%-0.4%154-2.8K-120.00191.72N/AN/A0050
2008-08-04$16.91$19.0097.3%21.4%30.7%59.1%0.0%23.0%0.0%125-3.1K-120.00189.87N/AN/A0050
2008-08-05$16.92$19.0060.2%23.9%30.1%36.3%0.0%10.9%0.0%119-3.2K-110.00195.24N/AN/A0050
2008-08-06$17.55$19.0089.5%16.7%32.8%54.3%0.0%13.8%0.0%159-3.4K-120.00195.24N/AN/A0050
2008-08-07$17.18$19.0094.7%22.6%32.8%57.6%0.0%19.6%0.0%129-3.3K-110.00191.72N/AN/A0050
2008-08-08$17.44$19.00118.5%17.5%33.1%72.2%0.0%12.6%0.0%158-3.2K-110.00194.27N/AN/A0050
2008-08-11$17.46$19.0059.9%18.8%32.4%36.1%0.0%9.0%0.0%159-3.2K-110.00195.24N/AN/A0050
2008-08-12$17.36$19.00130.5%23.7%29.7%79.6%0.0%16.3%0.0%134-3.5K-110.00193.76N/AN/A0050
2008-08-13$17.15$19.0099.1%23.7%25.7%60.2%0.0%18.9%0.0%131-3.3K-110.00191.72N/AN/A0050
2008-08-14$17.19$19.0060.6%17.4%24.7%36.5%0.0%13.6%0.0%154-2.9K-100.00191.72N/AN/A0050
2008-08-15$17.09$19.0045.6%13.1%24.4%27.3%0.0%7.3%0.0%176-2.3K-90.00191.28N/AN/A0050
2008-08-18$16.88$19.0039.8%11.4%24.8%23.7%0.0%8.0%0.0%174-1.7K-70.00189.87N/AN/A0050
2008-08-19$16.56$19.0048.9%14.0%25.3%29.3%0.0%11.0%0.0%149-1.7K-70.00187.83N/AN/A0050
2008-08-20$16.54$19.0037.3%10.7%24.7%22.2%0.0%9.5%0.0%141-990-50.00188.03N/AN/A0050
2008-08-21$16.64$19.0062.9%18.0%23.2%38.0%0.0%13.3%0.0%143-2.2K-80.00188.39N/AN/A0050
2008-08-22$16.79$19.0086.6%24.8%23.4%52.6%0.0%17.6%0.0%130-2.8K-90.00189.22N/AN/A0050
2008-08-25$16.52$19.0096.0%27.5%23.1%58.3%0.0%18.9%0.0%118-2.7K-80.00187.83N/AN/A0050
2008-08-26$16.53$19.0098.6%28.3%21.9%60.0%0.0%29.5%0.0%119-2.7K-80.00187.83N/AN/A0050
2008-08-27$16.77$19.0072.4%20.7%21.9%43.8%0.0%15.0%0.0%143-2.4K-70.00188.98N/AN/A0050
2008-08-28$17.15$19.0090.5%25.9%23.3%54.9%0.0%16.9%0.0%148-3.0K-80.00191.72N/AN/A0050
2008-08-29$17.07$19.00148.1%42.5%23.0%90.4%0.0%13.8%0.0%116-3.4K-80.00190.97N/AN/A0050