PID Options History — October 2014

In October 2014, PID traded between $17.48 and $18.41. ATM implied volatility averaged 13.8%, placing in the 8.8% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded below realized volatility by 0.4% (HV 20d: 14.3%). Max pain ranged from $18.00 to $20.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 1.25.

Notable Days

  • 2014-10-29: Highest Volume — 306 contracts
  • 2014-10-15: Largest IV spike — 112.6% change
  • 2014-10-15: Highest IV Rank — 33.7%
  • 2014-10-15: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.01$17.48$18.41$18.31$18.35
Max Pain$19.39$18.00$20.00$20.00$18.00
ATM IV13.8%9.4%35.5%12.9%11.8%
Expected Move3.6%3.3%4.5%3.6%3.4%
HV 20d14.3%10.3%16.5%10.5%16.3%
HV 60d11.1%9.4%12.3%9.4%12.2%
IV Rank8.8%3.7%33.7%7.8%6.5%
IV Percentile77.2%45.6%95.6%84.9%72.2%
Term Structure0.3%-1.4%3.8%0.5%1.7%
VWIV12.3%11.5%14.0%11.6%11.5%
Skew 25d3.7%-1.1%6.5%4.6%4.1%
Skew 10d6.4%1.5%16.1%5.7%8.2%
Call IV 25d11.2%7.6%14.7%10.9%10.0%
Put IV 25d14.9%9.7%21.2%15.5%14.1%
Bid-Ask Spread %68.8048.6379.9964.6571.68
Gamma HHI0.670.430.870.850.54
Net GEX-33.7K-62.2K-17.3K-56.0K-27.3K
Net DEX1.0M846.8K1.1M977.8K943.1K
Net VEX-1.2K-1.8K-570-1.8K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.250.003.100.001.11
Total Volume116.30403062306
Total OI957.5229171,0379391,037

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-10-01$18.31$20.0012.9%3.6%10.5%7.8%0.0%4.6%0.5%-56.0K977.8K-1.8K0.0064.65N/AN/A20251688
2014-10-02$18.28$20.0013.1%3.5%10.5%7.9%0.0%3.4%0.6%-54.6K991.9K-1.8K0.0065.28N/AN/A00249688
2014-10-03$18.29$20.009.4%3.5%10.3%3.7%0.0%-1.1%2.3%-52.8K1.0M-1.5K0.0064.93N/AN/A020249688
2014-10-06$18.41$20.0011.7%3.5%10.7%6.3%0.0%4.5%3.8%-62.2K952.1K-1.8K0.0048.63N/AN/A01249675
2014-10-07$18.15$20.0016.2%3.5%11.4%11.6%0.0%2.4%0.2%-44.9K1.0M-1.4K0.0067.49N/AN/A00249674
2014-10-08$18.32$20.0013.3%3.4%12.2%8.2%11.6%5.6%0.8%-51.3K999.6K-1.5K1.2567.44N/AN/A87109249674
2014-10-09$17.95$20.0014.2%3.5%13.7%9.3%0.0%5.1%-0.5%-30.3K1.1M-1.0K0.0065.07N/AN/A00249674
2014-10-10$17.63$20.0013.6%3.7%14.5%8.5%0.0%4.4%-1.1%-29.1K985.4K-1.5K0.0075.85N/AN/A00249674
2014-10-13$17.50$20.0021.3%4.1%14.5%17.4%0.0%2.1%0.7%-20.4K1.1M-7880.0078.05N/AN/A00249674
2014-10-14$17.61$20.0016.7%3.5%14.7%12.1%11.9%3.8%-1.2%-26.9K1.0M-1.2K1.2576.53N/AN/A87109249674
2014-10-15$17.48$20.0035.5%4.5%14.8%33.7%12.9%3.5%-0.2%-21.7K1.1M-9051.6677.13N/AN/A88146232685
2014-10-16$17.55$20.0013.8%3.9%14.7%8.7%0.0%6.5%-1.4%-27.1K1.1M-1.1K0.0066.78N/AN/A035233727
2014-10-17$17.73$20.0012.2%3.7%15.4%6.9%0.0%3.8%-0.5%-23.6K1.1M-7390.0068.10N/AN/A00233755
2014-10-20$17.87$20.0011.9%3.7%15.7%6.5%0.0%3.2%-0.5%-18.4K1.1M-5700.0069.78N/AN/A00173755
2014-10-21$18.11$20.0011.5%3.5%16.5%6.1%12.1%4.8%0.2%-36.2K1.1M-9233.1065.37N/AN/A52161173755
2014-10-22$17.95$20.0011.9%3.6%16.3%6.6%13.4%0.9%-0.1%-31.7K1.1M-8201.9664.27N/AN/A82161173755
2014-10-23$18.02$18.0010.9%3.4%15.5%5.4%14.0%1.2%0.2%-32.1K1.0M-1.1K1.2079.99N/AN/A134161203755
2014-10-24$18.12$18.0010.2%3.4%15.5%4.6%11.9%4.6%1.2%-23.8K1.0M-1.1K1.2068.68N/AN/A134161255755
2014-10-27$18.00$18.0011.0%3.4%15.6%5.6%0.0%5.2%0.6%-17.3K1.0M-9920.0071.24N/AN/A00255755
2014-10-28$18.25$18.0011.2%3.4%16.5%5.8%0.0%4.0%0.7%-31.1K979.6K-1.2K0.0068.99N/AN/A270255755
2014-10-29$18.17$18.0011.6%3.4%16.1%6.3%11.8%3.9%0.2%-20.5K959.7K-1.2K1.1168.39N/AN/A145161282755
2014-10-30$18.23$18.0012.7%3.3%16.2%7.5%11.6%4.5%-1.3%-37.0K846.8K-1.6K1.1168.17N/AN/A145161282755
2014-10-31$18.35$18.0011.8%3.4%16.3%6.5%11.5%4.1%1.7%-27.3K943.1K-1.1K1.1171.68N/AN/A145161282755