PID Options History — August 2014

In August 2014, PID traded between $18.74 and $19.63. ATM implied volatility averaged 9.8%, placing in the 2.2% IV rank vs the trailing year. The 30-day expected move averaged 3.2%. IV traded above realized volatility by 1.2% (HV 20d: 8.6%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.33.

Notable Days

  • 2014-08-11: Highest Volume — 40 contracts
  • 2014-08-06: Largest IV spike — 35.0% change
  • 2014-08-13: Highest IV Rank — 3.7%
  • 2014-08-20: Largest Expected Move — 3.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.23$18.74$19.63$18.99$19.59
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV9.8%7.3%12.3%10.5%7.7%
Expected Move3.2%2.7%3.4%3.2%2.7%
HV 20d8.6%7.3%9.4%8.2%7.3%
HV 60d6.8%6.5%7.1%6.5%7.1%
IV Rank2.2%0.7%3.7%2.6%0.9%
IV Percentile44.2%5.6%79.0%54.4%12.3%
Term Structure-0.8%-4.1%2.7%-0.9%-1.5%
VWIV11.1%11.1%11.1%11.1%11.1%
Skew 25d1.4%-0.7%5.0%5.0%1.5%
Skew 10d3.4%0.4%8.8%7.6%0.7%
Call IV 25d9.2%7.0%12.1%12.1%7.8%
Put IV 25d10.6%8.8%17.0%17.0%9.3%
Bid-Ask Spread %88.8382.53111.3285.3890.31
Gamma HHI0.750.690.820.820.69
Net GEX-48.7K-54.1K-43.9K-51.2K-46.2K
Net DEX452.6K261.3K646.3K592.3K284.4K
Net VEX-3.6K-3.8K-3.5K-3.5K-3.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.001.001.000.00
Total Volume4.23804000
Total OI939.143898949898941

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-08-01$18.99$20.0010.5%3.2%8.2%2.6%0.0%5.0%-0.9%-51.2K592.3K-3.5K0.0085.38N/AN/A00213685
2014-08-04$19.04$20.0010.7%3.4%8.3%2.7%11.1%1.2%0.8%-47.7K547.0K-3.6K1.0083.26N/AN/A1717213685
2014-08-05$18.88$20.008.4%3.3%8.7%1.3%0.0%0.6%0.0%-52.1K581.4K-3.6K0.0085.06N/AN/A00230702
2014-08-06$18.88$20.0011.3%3.1%8.5%3.1%0.0%0.1%0.2%-52.8K645.5K-3.5K0.0086.80N/AN/A150230702
2014-08-07$18.74$20.0010.7%3.1%8.7%2.8%0.0%4.4%1.3%-49.5K646.3K-3.5K0.0086.20N/AN/A00245702
2014-08-08$18.89$20.009.8%3.3%9.3%2.2%0.0%1.1%0.8%-54.1K640.6K-3.5K0.0082.53N/AN/A00245702
2014-08-11$19.02$20.0011.2%3.2%9.4%3.1%0.0%1.4%1.0%-49.9K569.5K-3.6K0.0088.50N/AN/A400245702
2014-08-12$19.02$20.0011.0%3.3%9.4%2.9%0.0%0.4%0.0%-48.5K570.4K-3.6K0.0087.31N/AN/A00247702
2014-08-13$19.10$20.0012.3%3.2%9.1%3.7%0.0%1.1%1.2%-47.9K535.5K-3.6K0.0087.76N/AN/A00247702
2014-08-14$19.21$20.008.5%3.2%8.9%1.4%0.0%2.1%2.7%-46.1K472.8K-3.8K0.0083.30N/AN/A00247702
2014-08-15$19.26$20.0011.0%3.3%8.8%2.9%0.0%2.5%-0.3%-49.8K442.0K-3.7K0.0086.65N/AN/A00246700
2014-08-18$19.38$20.0010.0%3.3%9.0%2.3%0.0%0.2%-2.0%-46.2K387.0K-3.7K0.0089.10N/AN/A00244700
2014-08-19$19.39$20.0010.0%3.4%8.5%2.3%0.0%-0.1%-2.3%-49.2K379.8K-3.7K0.0088.97N/AN/A00244700
2014-08-20$19.38$20.009.7%3.4%8.4%2.1%0.0%-0.7%-2.7%-51.0K369.7K-3.7K0.00111.32N/AN/A00244700
2014-08-21$19.40$20.009.6%3.4%8.4%2.1%0.0%0.2%-4.1%-49.2K366.0K-3.7K0.0085.58N/AN/A00244700
2014-08-22$19.34$20.009.9%3.3%8.3%2.3%0.0%-0.2%-3.2%-50.6K368.4K-3.7K0.0089.88N/AN/A00244700
2014-08-25$19.50$20.0011.6%3.4%8.8%3.3%0.0%1.7%-4.0%-46.3K297.7K-3.6K0.0091.35N/AN/A00244700
2014-08-26$19.55$20.007.7%2.9%8.6%0.9%0.0%3.9%-1.6%-46.5K283.9K-3.6K0.0092.80N/AN/A00241700
2014-08-27$19.63$20.007.7%2.8%8.7%0.9%0.0%2.4%-1.2%-43.9K261.3K-3.6K0.0093.54N/AN/A00241700
2014-08-28$19.57$20.007.3%2.7%7.4%0.7%0.0%1.2%-1.4%-43.9K263.0K-3.5K0.0089.89N/AN/A00241700
2014-08-29$19.59$20.007.7%2.7%7.3%0.9%0.0%1.5%-1.5%-46.2K284.4K-3.5K0.0090.31N/AN/A00241700