PID Options History — November 2013

In November 2013, PID traded between $17.72 and $18.00. ATM implied volatility averaged 9.9%, placing in the 1.4% IV rank vs the trailing year. The 30-day expected move averaged 2.5%. IV traded above realized volatility by 0.8% (HV 20d: 9.0%). Max pain ranged from $17.00 to $17.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2013-11-22: Highest Volume — 46 contracts
2013-11-11: Largest IV spike — 65.5% change
2013-11-11: Highest IV Rank — 6.0%
2013-11-05: Largest Expected Move — 3.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.87	$17.72	$18.00	$17.84	$18.00
Max Pain	$17.00	$17.00	$17.00	$17.00	$17.00
ATM IV	9.9%	6.6%	18.5%	9.2%	8.6%
Expected Move	2.5%	1.9%	3.1%	2.6%	2.5%
HV 20d	9.0%	7.8%	11.1%	11.1%	8.0%
HV 60d	10.1%	9.6%	10.7%	10.2%	9.6%
IV Rank	1.4%	0.0%	6.0%	0.7%	1.1%
IV Percentile	11.8%	0.0%	46.4%	5.6%	4.8%
Term Structure	8.7%	-1.3%	55.4%	3.0%	-1.3%
VWIV	14.4%	11.2%	17.7%	11.2%	17.7%
Skew 25d	1.0%	-2.2%	24.3%	2.7%	-0.6%
Skew 10d	1.0%	-1.2%	15.2%	-0.2%	-0.2%
Call IV 25d	12.5%	8.4%	63.5%	9.9%	10.7%
Put IV 25d	13.5%	8.2%	87.8%	12.6%	10.0%
Bid-Ask Spread %	43.49	21.45	147.12	49.27	38.18
Gamma HHI	0.55	0.47	0.86	0.47	0.86
Net GEX	1.4K	-157	8.4K	-11	5.8K
Net DEX	-19.9K	-61.5K	-6.5K	-8.7K	-61.5K
Net VEX	-69	-225	-20	-27	-218
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	2.75	0	46	0	0
Total OI	27.65	15	68	15	68

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2013-11-01	$17.84	$0.00	9.2%	2.6%	11.1%	0.7%	0.0%	2.7%	3.0%	-11	-8.7K	-27	49.27	N/A	N/A	0	10	5
2013-11-04	$17.90	$17.00	8.8%	2.9%	10.8%	0.5%	11.2%	-0.6%	1.3%	-75	-8.7K	-26	23.65	N/A	N/A	1	10	5
2013-11-05	$17.83	$17.00	9.7%	3.1%	10.0%	1.0%	0.0%	-1.9%	-0.1%	142	-9.6K	-28	23.49	N/A	N/A	0	11	5
2013-11-06	$17.99	$17.00	9.5%	2.9%	10.1%	0.9%	17.7%	0.1%	1.5%	-113	-11.0K	-26	21.45	N/A	N/A	1	11	5
2013-11-07	$17.75	$17.00	11.4%	2.6%	10.3%	2.0%	0.0%	-0.4%	1.3%	-53	-8.4K	-23	40.96	N/A	N/A	0	10	5
2013-11-08	$17.80	$17.00	11.2%	2.7%	10.1%	1.8%	0.0%	-2.2%	51.2%	21	-8.1K	-24	35.95	N/A	N/A	0	10	5
2013-11-11	$17.77	$17.00	18.5%	2.1%	10.1%	6.0%	0.0%	0.1%	55.3%	318	-6.5K	-29	52.82	N/A	N/A	0	10	5
2013-11-12	$17.72	$17.00	14.9%	2.2%	9.6%	3.9%	0.0%	-0.2%	55.4%	327	-6.7K	-24	43.10	N/A	N/A	0	10	5
2013-11-13	$17.79	$17.00	16.1%	3.1%	9.4%	4.6%	0.0%	-1.6%	0.1%	83	-7.8K	-21	25.50	N/A	N/A	0	10	5
2013-11-14	$17.88	$17.00	7.3%	2.1%	8.5%	0.0%	0.0%	0.2%	1.3%	-105	-8.7K	-20	44.12	N/A	N/A	4	10	5
2013-11-15	$17.95	$17.00	9.0%	2.6%	8.4%	0.9%	0.0%	-0.1%	0.7%	-157	-14.3K	-33	26.85	N/A	N/A	3	14	5
2013-11-18	$17.95	$17.00	8.9%	2.6%	8.4%	0.9%	0.0%	-1.1%	0.5%	50	-18.2K	-41	30.46	N/A	N/A	0	17	5
2013-11-19	$17.86	$17.00	9.7%	2.8%	8.1%	1.3%	0.0%	24.3%	-1.2%	221	-17.5K	-42	147.12	N/A	N/A	0	17	5
2013-11-20	$17.82	$17.00	7.8%	2.2%	7.9%	0.3%	0.0%	-0.6%	1.0%	1.1K	-14.2K	-51	33.04	N/A	N/A	0	17	5
2013-11-21	$17.91	$17.00	7.6%	2.2%	8.0%	0.1%	0.0%	0.2%	1.7%	478	-16.5K	-43	49.44	N/A	N/A	0	17	5
2013-11-22	$17.98	$17.00	6.6%	1.9%	8.1%	0.0%	0.0%	0.2%	1.1%	234	-17.4K	-41	49.10	N/A	N/A	46	17	5
2013-11-25	$17.93	$17.00	7.5%	2.2%	8.1%	0.5%	0.0%	0.0%	0.3%	5.9K	-55.9K	-223	49.98	N/A	N/A	0	63	5
2013-11-26	$17.88	$17.00	7.5%	2.2%	8.1%	0.5%	0.0%	0.2%	-0.6%	6.1K	-50.1K	-223	50.16	N/A	N/A	0	63	5
2013-11-27	$17.90	$17.00	7.8%	2.2%	7.8%	0.6%	0.0%	2.1%	0.5%	8.4K	-48.1K	-225	35.22	N/A	N/A	0	63	5
2013-11-29	$18.00	$17.00	8.6%	2.5%	8.0%	1.1%	0.0%	-0.6%	-1.3%	5.8K	-61.5K	-218	38.18	N/A	N/A	0	63	5