PID Options History — February 2015

In February 2015, PID traded between $17.59 and $18.32. ATM implied volatility averaged 11.7%, placing in the 6.0% IV rank vs the trailing year. The 30-day expected move averaged 3.4%. IV traded below realized volatility by 5.3% (HV 20d: 17.0%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 1.52.

Notable Days

  • 2015-02-03: Highest Volume — 262 contracts
  • 2015-02-06: Largest IV spike — 50.1% change
  • 2015-02-24: Highest IV Rank — 7.4%
  • 2015-02-24: Largest Expected Move — 3.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.10$17.59$18.32$17.59$18.29
Max Pain$17.84$17.00$18.00$17.00$18.00
ATM IV11.7%8.0%13.0%11.5%12.3%
Expected Move3.4%2.7%3.7%3.3%3.5%
HV 20d17.0%15.2%18.5%18.5%15.2%
HV 60d16.7%15.5%17.1%15.5%16.7%
IV Rank6.0%1.7%7.4%5.8%6.7%
IV Percentile58.1%7.5%74.2%55.2%65.9%
Term Structure-1.1%-3.0%2.1%-2.5%-3.0%
VWIV13.9%11.6%19.6%19.6%14.2%
Skew 25d2.8%-0.6%12.7%3.8%0.1%
Skew 10d3.9%-1.2%18.1%3.2%2.2%
Call IV 25d13.4%11.6%16.1%11.6%14.9%
Put IV 25d16.2%12.7%27.1%15.4%15.0%
Bid-Ask Spread %107.3298.40114.94114.94112.98
Gamma HHI0.660.330.880.540.68
Net GEX12.1K3.6K17.0K3.6K16.9K
Net DEX-42.6K-139.5K101.7K101.7K-66.6K
Net VEX-1.3K-1.5K-1.0K-1.4K-1.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.521.211.621.541.21
Total Volume211.68402620217
Total OI553.632511569568511

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-02-02$17.59$17.0011.5%3.3%18.5%5.8%0.0%3.8%-2.5%3.6K101.7K-1.4K0.00114.94N/AN/A00299269
2015-02-03$17.97$17.009.5%2.7%17.2%3.5%0.0%12.7%2.1%10.5K-1.1K-1.5K1.54113.75N/AN/A103159299269
2015-02-04$17.79$17.0011.6%3.3%17.6%5.9%19.6%0.1%-2.5%4.4K28.3K-1.5K1.54113.76N/AN/A103159300269
2015-02-05$18.11$18.008.0%3.6%18.3%1.7%14.2%5.7%-1.5%9.6K-45.0K-1.5K1.54100.39N/AN/A103159300269
2015-02-06$17.89$18.0012.0%3.3%17.9%6.3%13.3%4.6%-0.5%9.8K31.9K-1.5K1.54100.56N/AN/A103159300269
2015-02-09$17.91$18.0011.7%3.5%17.7%5.9%14.2%5.1%-0.5%11.0K-2.5K-1.4K1.6298.40N/AN/A98159300269
2015-02-10$17.94$18.0012.5%3.2%17.4%6.9%13.6%5.4%-0.3%11.2K17.9K-1.4K1.6299.00N/AN/A98159300269
2015-02-11$17.89$18.0012.3%3.5%17.3%6.6%14.5%5.1%-0.9%9.3K30.6K-1.4K1.6299.40N/AN/A98159300269
2015-02-12$18.10$18.0011.4%3.3%17.6%5.6%12.8%4.5%-0.1%13.9K-67.1K-1.3K1.62104.84N/AN/A98159300269
2015-02-13$18.27$18.0011.1%3.2%17.8%5.2%11.8%0.8%-0.6%13.8K-125.8K-1.3K1.59110.73N/AN/A100159300269
2015-02-17$18.32$18.0012.7%3.6%17.0%7.1%13.4%1.5%-1.5%12.6K-139.5K-1.2K1.59109.19N/AN/A100159300269
2015-02-18$18.32$18.0012.9%3.7%16.8%7.3%13.6%1.5%-2.1%12.2K-139.0K-1.2K1.59109.84N/AN/A100159300269
2015-02-19$18.24$18.0011.7%3.4%16.6%6.0%0.0%0.6%-1.1%14.6K-117.5K-1.2K0.00107.70N/AN/A00300269
2015-02-20$18.29$18.0012.4%3.6%16.2%6.8%0.0%0.9%1.3%15.2K-128.6K-1.2K0.00110.97N/AN/A00300269
2015-02-23$18.14$18.0010.8%3.1%16.2%4.9%11.6%-0.6%-0.4%17.0K-15.5K-1.2K1.43109.32N/AN/A98140261250
2015-02-24$18.29$18.0013.0%3.7%16.4%7.4%13.9%0.7%-2.7%14.8K-66.2K-1.1K1.43106.41N/AN/A98140261250
2015-02-25$18.28$18.0012.7%3.6%16.4%7.1%13.7%0.5%-2.8%13.3K-54.2K-1.1K1.43108.14N/AN/A98140261250
2015-02-26$18.23$18.0012.3%3.5%15.2%6.7%13.4%0.4%-2.2%16.4K-51.6K-1.0K1.43108.86N/AN/A98140261250
2015-02-27$18.29$18.0012.3%3.5%15.2%6.7%14.2%0.1%-3.0%16.9K-66.6K-1.0K1.21112.98N/AN/A98119261250