PID Options History — May 2014

In May 2014, PID traded between $18.61 and $18.99. ATM implied volatility averaged 12.2%, placing in the 3.3% IV rank vs the trailing year. The 30-day expected move averaged 2.7%. IV traded above realized volatility by 5.5% (HV 20d: 6.7%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-05-30: Highest Volume — 25 contracts
  • 2014-05-09: Largest IV spike — 129.2% change
  • 2014-05-01: Highest IV Rank — 13.1%
  • 2014-05-01: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.85$18.61$18.99$18.61$18.96
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV12.2%6.9%29.7%29.7%8.2%
Expected Move2.7%2.0%8.5%8.5%2.3%
HV 20d6.7%5.6%8.8%8.8%6.0%
HV 60d9.2%8.6%9.9%9.9%8.6%
IV Rank3.3%0.4%13.1%13.1%1.1%
IV Percentile44.9%3.2%92.0%90.4%17.5%
Term Structure-0.6%-5.4%1.9%-4.9%-1.2%
VWIV6.8%6.8%6.8%6.8%6.8%
Skew 25d-6.8%-62.3%3.8%-0.7%-0.2%
Skew 10d-10.9%-98.7%12.6%12.6%4.7%
Call IV 25d19.7%10.1%74.1%23.6%15.0%
Put IV 25d12.9%9.6%22.9%22.9%14.8%
Bid-Ask Spread %147.5897.06197.68197.68114.94
Gamma HHI0.480.260.650.340.46
Net GEX1.9K-7583.8K-7583.0K
Net DEX-44.8K-66.0K-10.9K-10.9K-58.5K
Net VEX-265-386-120-201-293
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume4.048025025
Total OI1218413884138

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-05-01$18.61$0.0029.7%8.5%8.8%13.1%0.0%-0.7%-4.9%-758-10.9K-2010.00197.68N/AN/A002262
2014-05-02$18.63$0.0013.1%3.7%8.6%3.8%0.0%2.9%-5.4%-611-12.6K-1880.00120.22N/AN/A002262
2014-05-05$18.64$18.0014.6%2.2%8.5%4.7%0.0%3.8%1.2%99-18.4K-1200.00101.07N/AN/A1502262
2014-05-06$18.67$18.0012.3%2.8%8.2%3.4%0.0%1.7%-1.9%1.1K-32.8K-2360.0097.06N/AN/A003762
2014-05-07$18.79$18.0012.6%2.7%7.9%3.6%0.0%-3.8%-0.4%2.0K-41.8K-1650.00158.95N/AN/A0173762
2014-05-08$18.78$18.0012.1%2.6%7.5%3.3%0.0%1.7%-0.8%-55-26.2K-3180.00100.96N/AN/A003779
2014-05-09$18.78$18.0027.7%2.6%6.2%11.9%0.0%-1.7%-0.7%-207-24.2K-3230.00153.06N/AN/A003779
2014-05-12$18.93$18.0014.0%2.0%6.2%4.4%0.0%-1.5%1.9%1.8K-39.9K-2190.00107.92N/AN/A2003779
2014-05-13$18.92$18.0015.6%2.3%5.9%5.3%6.8%-1.4%0.8%3.0K-57.8K-2690.00108.79N/AN/A015179
2014-05-14$18.91$18.0018.0%2.3%5.6%6.6%0.0%-2.7%0.8%2.6K-56.3K-2750.00167.44N/AN/A005180
2014-05-15$18.80$18.007.4%2.1%5.8%0.7%0.0%0.1%0.8%747-37.5K-3860.00177.01N/AN/A005180
2014-05-16$18.90$18.008.2%2.4%5.9%1.1%0.0%-3.0%0.3%2.7K-56.1K-2750.00172.06N/AN/A005180
2014-05-19$18.90$18.008.5%2.4%5.8%1.3%0.0%-1.5%-0.2%2.6K-55.7K-2710.00169.53N/AN/A005180
2014-05-20$18.79$18.008.0%2.3%6.3%1.0%0.0%0.6%0.1%2.1K-46.5K-2980.00134.17N/AN/A505180
2014-05-21$18.92$18.008.8%2.5%6.6%1.5%0.0%-3.0%-1.3%3.2K-60.8K-2950.00172.20N/AN/A005680
2014-05-22$18.99$18.007.6%2.2%6.4%0.8%0.0%-7.9%-0.2%3.3K-62.5K-2870.00173.60N/AN/A005680
2014-05-23$18.99$18.007.4%2.1%6.3%0.7%0.0%-53.2%0.7%3.6K-63.9K-2830.00171.54N/AN/A005680
2014-05-27$18.97$18.007.6%2.2%6.2%0.8%0.0%-62.3%1.5%3.8K-66.0K-2710.00172.49N/AN/A025680
2014-05-28$18.92$18.006.9%2.0%5.9%0.4%0.0%-0.5%-1.4%2.6K-54.8K-2970.00165.07N/AN/A005682
2014-05-29$18.98$18.007.4%2.1%5.9%0.7%0.0%-9.6%-1.2%2.6K-57.2K-2940.00163.44N/AN/A005682
2014-05-30$18.96$18.008.2%2.3%6.0%1.1%0.0%-0.2%-1.2%3.0K-58.5K-2930.00114.94N/AN/A0255682