PID Options History — April 2014

In April 2014, PID traded between $18.11 and $18.57. ATM implied volatility averaged 15.9%, placing in the 5.4% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 5.5% (HV 20d: 10.3%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 18 of 21 days.

Notable Days

  • 2014-04-11: Highest Volume — 2 contracts
  • 2014-04-29: Largest IV spike — 270.4% change
  • 2014-04-30: Highest IV Rank — 39.3%
  • 2014-04-30: Largest Expected Move — 22.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.33$18.11$18.57$18.29$18.57
ATM IV15.9%9.3%76.9%9.4%76.9%
Expected Move4.5%2.7%22.1%2.7%22.1%
HV 20d10.3%8.8%11.6%10.8%8.8%
HV 60d11.7%10.0%12.3%12.1%10.0%
IV Rank5.4%1.8%39.3%1.8%39.3%
IV Percentile58.5%27.6%92.8%27.6%92.8%
Term Structure1.4%-5.2%4.6%3.0%-5.2%
Skew 25d-11.6%-76.3%14.4%-1.4%-42.9%
Skew 10d-20.0%-144.1%76.5%-129.8%11.5%
Call IV 25d28.2%10.4%94.1%19.4%64.6%
Put IV 25d16.6%12.7%28.0%18.1%21.7%
Bid-Ask Spread %162.07136.69186.67186.67182.06
Gamma HHI0.340.290.370.290.34
Net GEX-1.1K-1.6K-664-752-753
Net DEX-5.7K-11.0K735-9.5K-11.0K
Net VEX-216-246-165-170-199
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0950200
Total OI83.14382848284

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-04-01$18.29$0.009.4%2.7%10.8%1.8%0.0%-1.4%3.0%-752-9.5K-1700.00186.67N/AN/A002260
2014-04-02$18.32$0.0010.4%3.0%10.8%2.3%0.0%-16.9%2.4%-664-10.7K-1650.00185.71N/AN/A002260
2014-04-03$18.24$0.0010.2%2.9%10.8%2.3%0.0%-76.3%1.7%-847-7.6K-2120.00137.76N/AN/A002260
2014-04-04$18.20$0.0011.2%3.1%10.7%2.8%0.0%3.2%1.2%-1.3K-1.8K-2380.00170.32N/AN/A002260
2014-04-07$18.11$0.0011.2%3.3%10.8%2.8%0.0%0.8%0.6%-1.5K735-2460.00153.50N/AN/A002260
2014-04-08$18.27$0.0012.2%3.2%11.0%3.3%0.0%3.1%1.6%-1.3K-2.0K-2450.00144.90N/AN/A002260
2014-04-09$18.42$0.0015.0%2.9%11.3%4.9%0.0%2.4%3.5%-886-7.5K-2210.00136.69N/AN/A002260
2014-04-10$18.23$0.0012.4%3.6%11.3%3.5%0.0%1.5%0.2%-1.2K-2.2K-2410.00141.73N/AN/A002260
2014-04-11$18.14$0.0011.9%3.4%11.4%3.2%0.0%0.7%1.2%-1.5K612-2420.00143.24N/AN/A022260
2014-04-14$18.27$0.0012.3%3.5%11.6%3.4%0.0%3.3%-0.2%-1.5K-1.7K-2420.00152.54N/AN/A002262
2014-04-15$18.20$0.0011.1%3.2%11.4%2.8%0.0%3.0%1.2%-1.6K683-2420.00154.29N/AN/A002262
2014-04-16$18.34$0.0012.0%3.4%11.1%3.2%0.0%1.9%1.0%-1.2K-5.3K-2200.00150.69N/AN/A002262
2014-04-17$18.43$0.0011.5%3.3%11.2%3.0%0.0%2.2%2.1%-1.0K-7.8K-2160.00155.85N/AN/A002262
2014-04-21$18.41$0.0011.5%3.3%9.4%2.9%0.0%3.5%2.5%-1.1K-7.1K-2130.00163.62N/AN/A002262
2014-04-22$18.44$0.009.3%2.7%9.4%1.8%0.0%-76.3%4.6%-1.1K-7.9K-2100.00162.33N/AN/A002262
2014-04-23$18.41$0.009.8%2.8%9.2%2.0%0.0%-69.0%3.7%-1.0K-8.0K-2080.00163.79N/AN/A002262
2014-04-24$18.34$0.0011.6%3.3%9.2%3.0%0.0%14.4%2.0%-1.0K-7.7K-1980.00178.33N/AN/A002262
2014-04-25$18.31$0.0011.4%3.3%9.1%2.9%0.0%2.9%4.3%-1.3K-4.8K-2110.00174.81N/AN/A002262
2014-04-28$18.40$0.0011.0%3.2%9.0%2.7%0.0%-3.0%3.1%-1.1K-7.5K-2040.00182.91N/AN/A002262
2014-04-29$18.55$0.0040.8%11.7%8.8%19.2%0.0%0.1%-5.1%-742-11.0K-1980.00181.79N/AN/A002262
2014-04-30$18.57$0.0076.9%22.1%8.8%39.3%0.0%-42.9%-5.2%-753-11.0K-1990.00182.06N/AN/A002262