PID Options History — March 2014

In March 2014, PID traded between $17.73 and $18.49. ATM implied volatility averaged 16.0%, placing in the 5.5% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 5.9% (HV 20d: 10.1%). Max pain ranged from $16.00 to $16.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-03-17: Highest Volume — 18 contracts
  • 2014-03-05: Largest IV spike — 509.3% change
  • 2014-03-05: Highest IV Rank — 48.4%
  • 2014-03-05: Largest Expected Move — 26.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.12$17.73$18.49$18.20$18.23
Max Pain$16.00$16.00$16.00$16.00$16.00
ATM IV16.0%8.8%93.2%13.9%11.1%
Expected Move4.4%2.5%26.7%4.0%3.2%
HV 20d10.1%8.9%12.1%12.1%11.6%
HV 60d12.2%11.8%12.5%12.2%12.1%
IV Rank5.5%1.4%48.4%4.3%2.7%
IV Percentile55.1%18.8%89.6%65.6%52.8%
Term Structure-0.7%-7.5%1.8%-1.5%0.9%
Skew 25d-4.0%-64.6%102.7%3.1%42.9%
Skew 10d-15.4%-118.1%120.0%4.8%120.0%
Call IV 25d24.5%8.0%82.9%10.8%14.8%
Put IV 25d20.5%10.1%114.1%13.9%57.6%
Bid-Ask Spread %116.7932.18180.0032.18180.00
Gamma HHI0.680.340.920.880.34
Net GEX8.0K-3.4K21.2K11.3K-1.3K
Net DEX-33.9K-83.3K21.0K-70.1K-1.4K
Net VEX-179-273-86-157-252
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.52401800
Total OI109.4766513512382

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-03-03$18.20$16.0013.9%4.0%12.1%4.3%0.0%3.1%-1.5%11.3K-70.1K-1570.0032.18N/AN/A006558
2014-03-04$18.42$16.0015.3%4.4%9.9%5.1%0.0%4.5%-3.4%9.3K-83.3K-1400.0039.14N/AN/A006558
2014-03-05$18.44$16.0093.2%26.7%9.8%48.4%0.0%102.7%-7.5%7.3K-74.3K-1690.00147.44N/AN/A006558
2014-03-06$18.49$16.0016.1%4.6%9.5%5.5%0.0%-1.0%-6.5%8.2K-81.6K-1400.00178.20N/AN/A006558
2014-03-07$18.40$0.0014.6%3.3%9.2%4.7%0.0%1.9%0.8%9.8K-78.3K-1420.00155.68N/AN/A006558
2014-03-10$18.35$0.0013.3%3.0%8.9%4.0%0.0%3.0%1.8%10.5K-75.5K-1330.0042.10N/AN/A306558
2014-03-11$18.21$0.0015.4%3.3%9.5%5.1%0.0%2.3%1.0%13.6K-54.3K-1470.00149.33N/AN/A005958
2014-03-12$18.18$0.0013.9%3.2%8.9%4.3%0.0%1.9%1.0%15.7K-54.8K-1440.0058.35N/AN/A005958
2014-03-13$17.99$0.0012.3%3.5%9.8%3.4%0.0%1.9%-0.6%6.1K-34.9K-1470.0073.53N/AN/A005958
2014-03-14$18.00$0.0012.0%3.4%9.6%3.2%0.0%6.5%0.7%18.3K-33.5K-1470.0042.82N/AN/A005958
2014-03-17$18.09$0.0013.2%3.8%9.6%3.9%0.0%2.4%-1.2%21.2K-41.8K-860.0056.18N/AN/A0185958
2014-03-18$18.21$0.0010.7%3.1%9.4%2.5%0.0%0.4%1.1%13.2K-45.2K-1790.00146.67N/AN/A105976
2014-03-19$18.03$0.0010.5%3.0%9.7%2.4%0.0%-5.7%1.2%13.3K-13.8K-1710.00174.03N/AN/A004476
2014-03-20$18.00$0.0011.3%3.2%9.4%2.8%0.0%0.9%0.3%13.0K-26.1K-1630.0078.36N/AN/A064476
2014-03-21$17.73$0.009.3%2.7%10.7%1.8%0.0%-0.1%0.3%8.2K8.1K-1770.0039.88N/AN/A084482
2014-03-24$17.74$0.008.8%2.5%10.5%1.4%0.0%-58.0%-0.1%-3.4K21.0K-1900.00171.44N/AN/A170560
2014-03-25$17.89$0.0010.9%3.1%11.1%2.6%0.0%-49.1%-1.4%-1.5K9.2K-2730.00168.87N/AN/A002260
2014-03-26$17.83$0.0011.0%3.1%11.1%2.7%0.0%-23.6%-1.1%-1.8K9.0K-2730.00161.15N/AN/A002260
2014-03-27$17.93$0.0010.2%2.9%11.1%2.3%0.0%-55.6%-0.7%-1.7K6.6K-2620.00180.00N/AN/A002260
2014-03-28$18.06$0.009.7%2.8%11.4%2.0%0.0%-64.6%0.6%-1.6K2.8K-2570.00177.14N/AN/A002260
2014-03-31$18.23$0.0011.1%3.2%11.6%2.7%0.0%42.9%0.9%-1.3K-1.4K-2520.00180.00N/AN/A002260