PID Options History — June 2014

In June 2014, PID traded between $18.98 and $19.36. ATM implied volatility averaged 33.6%, placing in the 16.6% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 28.8% (HV 20d: 4.7%). Max pain ranged from $18.00 to $20.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.98.

Notable Days

2014-06-18: Highest Volume — 468 contracts
2014-06-18: Largest IV spike — 261.6% change
2014-06-27: Highest IV Rank — 43.7%
2014-06-27: Largest Expected Move — 22.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.20	$18.98	$19.36	$18.98	$19.33
Max Pain	$19.11	$18.00	$20.00	$18.00	$20.00
ATM IV	33.6%	8.1%	78.1%	9.1%	9.3%
Expected Move	9.5%	2.3%	22.4%	2.6%	2.7%
HV 20d	4.7%	3.3%	6.0%	6.0%	4.4%
HV 60d	7.4%	6.4%	8.6%	8.6%	6.4%
IV Rank	16.6%	1.1%	43.7%	1.6%	1.9%
IV Percentile	62.5%	16.3%	98.4%	27.4%	33.3%
Term Structure	-20.0%	-103.1%	1.7%	-1.6%	-2.2%
Skew 25d	1.5%	-106.7%	26.0%	-1.6%	0.2%
Skew 10d	1.9%	-106.5%	26.6%	-2.6%	4.1%
Call IV 25d	60.9%	10.0%	150.1%	15.2%	10.5%
Put IV 25d	62.5%	10.3%	176.1%	13.6%	10.7%
Bid-Ask Spread %	156.72	68.73	200.00	136.38	68.73
Gamma HHI	0.48	0.29	0.80	0.43	0.59
Net GEX	-6.9K	-45.5K	2.1K	976	-43.9K
Net DEX	119.6K	-39.9K	465.8K	-33.0K	458.8K
Net VEX	-1.7K	-4.3K	-324	-401	-3.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.98	0.00	9.88	0.00	0.00
Total Volume	43.905	0	468	0	0
Total OI	424.857	153	951	163	951

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2014-06-02	$18.98	$18.00	9.1%	2.6%	6.0%	1.6%	0.0%	-1.6%	-1.6%	976	-33.0K	-401	0.00	136.38	N/A	N/A	0	0	56	107
2014-06-03	$19.02	$18.00	8.6%	2.5%	6.0%	1.4%	0.0%	-5.3%	-0.8%	2.1K	-39.2K	-383	0.00	119.74	N/A	N/A	0	0	56	107
2014-06-04	$19.04	$18.00	9.1%	2.6%	6.0%	1.6%	0.0%	-5.3%	-1.4%	1.9K	-39.9K	-395	0.00	124.59	N/A	N/A	24	0	56	107
2014-06-05	$19.07	$18.00	8.1%	2.3%	5.6%	1.1%	0.0%	-2.6%	-0.7%	973	-19.7K	-444	0.00	117.81	N/A	N/A	2	0	54	107
2014-06-06	$19.15	$0.00	8.6%	2.3%	5.7%	1.4%	0.0%	0.3%	1.5%	1.6K	-28.0K	-437	0.00	119.25	N/A	N/A	0	0	56	107
2014-06-09	$19.16	$0.00	10.2%	2.5%	5.7%	2.2%	0.0%	0.2%	0.8%	1.4K	-27.5K	-443	0.00	103.06	N/A	N/A	0	0	56	107
2014-06-10	$19.20	$0.00	12.4%	2.4%	5.1%	3.8%	0.0%	0.4%	0.8%	895	-26.3K	-451	0.00	101.40	N/A	N/A	0	0	56	107
2014-06-11	$19.18	$0.00	13.2%	2.4%	5.1%	4.3%	0.0%	0.2%	0.9%	2.1K	-35.1K	-375	0.00	163.33	N/A	N/A	0	0	56	107
2014-06-12	$19.16	$0.00	9.2%	2.6%	5.2%	1.8%	0.0%	0.5%	0.1%	866	-26.3K	-441	0.00	103.06	N/A	N/A	20	0	56	107
2014-06-13	$19.22	$0.00	8.2%	2.4%	4.6%	1.2%	0.0%	0.1%	1.7%	437	-12.1K	-423	0.00	175.24	N/A	N/A	0	0	46	107
2014-06-16	$19.26	$0.00	9.1%	2.6%	4.4%	1.8%	0.0%	0.2%	1.1%	-799	-15.6K	-397	0.00	176.57	N/A	N/A	0	0	46	107
2014-06-17	$19.28	$0.00	16.9%	4.9%	4.4%	6.5%	0.0%	-6.5%	-14.7%	-720	-16.2K	-395	0.00	188.57	N/A	N/A	0	0	46	107
2014-06-18	$19.36	$0.00	61.3%	17.6%	3.7%	33.4%	0.0%	-106.7%	-103.1%	166	-23.0K	-324	9.88	193.33	N/A	N/A	43	425	46	107
2014-06-19	$19.32	$0.00	67.0%	19.2%	3.3%	36.9%	0.0%	22.6%	-47.7%	-11.7K	293.3K	-2.9K	0.00	200.00	N/A	N/A	0	196	86	495
2014-06-20	$19.23	$0.00	68.4%	19.6%	3.7%	37.8%	0.0%	21.0%	-49.9%	-17.7K	463.7K	-3.9K	0.00	200.00	N/A	N/A	0	0	86	683
2014-06-23	$19.26	$0.00	72.1%	20.7%	3.7%	40.0%	0.0%	22.8%	-37.2%	-16.9K	465.8K	-3.8K	0.00	200.00	N/A	N/A	212	0	84	656
2014-06-24	$19.16	$20.00	73.8%	21.2%	4.2%	41.1%	0.0%	20.9%	-39.4%	-45.5K	364.1K	-4.2K	0.00	200.00	N/A	N/A	0	0	295	656
2014-06-25	$19.18	$20.00	75.3%	21.6%	4.1%	42.0%	0.0%	21.9%	-41.0%	-8.6K	288.3K	-4.3K	0.00	200.00	N/A	N/A	0	0	295	656
2014-06-26	$19.21	$20.00	76.8%	22.0%	4.0%	42.9%	0.0%	23.1%	-42.7%	-6.1K	267.8K	-4.2K	0.00	200.00	N/A	N/A	0	0	295	656
2014-06-27	$19.33	$20.00	78.1%	22.4%	4.4%	43.7%	0.0%	26.0%	-44.0%	-6.4K	251.9K	-4.2K	0.00	200.00	N/A	N/A	0	0	295	656
2014-06-30	$19.33	$20.00	9.3%	2.7%	4.4%	1.9%	0.0%	0.2%	-2.2%	-43.9K	458.8K	-3.7K	0.00	68.73	N/A	N/A	0	0	295	656