PID Options History — November 2015

In November 2015, PID traded between $14.63 and $15.74. ATM implied volatility averaged 23.1%, placing in the 9.3% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 6.3% (HV 20d: 16.7%). Max pain ranged from $16.00 to $16.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.83.

Notable Days

2015-11-18: Highest Volume — 125 contracts
2015-11-11: Largest IV spike — 480.7% change
2015-11-11: Highest IV Rank — 77.3%
2015-11-11: Largest Expected Move — 39.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.08	$14.63	$15.74	$15.73	$14.87
Max Pain	$16.00	$16.00	$16.00	$16.00	$16.00
ATM IV	23.1%	13.7%	136.3%	13.7%	17.8%
Expected Move	6.3%	3.9%	39.1%	3.9%	5.1%
HV 20d	16.7%	14.8%	18.8%	17.0%	15.8%
HV 60d	23.3%	20.3%	24.9%	24.5%	20.3%
IV Rank	9.3%	3.6%	77.3%	3.6%	6.1%
IV Percentile	77.7%	62.3%	99.6%	62.7%	79.8%
Term Structure	-4.3%	-60.9%	1.4%	-2.6%	-0.9%
VWIV	35.9%	15.6%	138.6%	15.6%	88.7%
Skew 25d	-2.1%	-81.2%	4.6%	4.6%	3.2%
Skew 10d	-4.2%	-145.3%	7.3%	3.8%	3.6%
Call IV 25d	29.9%	13.8%	177.0%	15.7%	20.6%
Put IV 25d	27.8%	17.8%	175.2%	20.3%	23.8%
Bid-Ask Spread %	123.00	114.11	167.66	125.03	120.57
Gamma HHI	0.42	0.35	0.52	0.36	0.52
Net GEX	4.7K	-1.9K	24.2K	24.2K	-1.9K
Net DEX	23.7K	-405.7K	78.3K	-78.9K	78.3K
Net VEX	-323	-1.5K	-104	-812	-104
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.83	0.79	0.86	0.86	0.79
Total Volume	84.8	0	125	119	0
Total OI	750	750	750	750	750

Daily Data (20 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
2015-11-02	$15.73	$0.00	13.7%	3.9%	17.0%	3.6%	0.0%	4.6%	-2.6%	24.2K	-78.9K	-812	0.86	125.03	N/A	N/A	64	55	677	73
2015-11-03	$15.74	$0.00	15.0%	4.3%	16.8%	4.4%	0.0%	3.3%	1.0%	20.5K	-45.4K	-628	0.86	121.54	N/A	N/A	64	55	677	73
2015-11-04	$15.58	$0.00	15.8%	4.5%	16.1%	4.9%	0.0%	0.2%	-4.8%	14.6K	-3.9K	-448	0.86	123.88	N/A	N/A	64	55	677	73
2015-11-05	$15.43	$16.00	21.2%	4.8%	15.5%	8.1%	15.6%	4.3%	-2.7%	6.4K	37.4K	-302	0.86	115.03	N/A	N/A	64	55	677	73
2015-11-06	$15.27	$16.00	16.3%	3.9%	15.7%	5.2%	0.0%	4.1%	1.1%	7.9K	33.6K	-323	0.00	119.32	N/A	N/A	0	0	677	73
2015-11-09	$15.14	$16.00	18.9%	4.0%	15.6%	6.8%	0.0%	2.9%	1.2%	4.6K	49.4K	-263	0.00	119.32	N/A	N/A	0	0	677	73
2015-11-10	$15.08	$16.00	23.5%	4.5%	14.9%	9.5%	17.2%	2.1%	1.4%	1.4K	62.9K	-203	0.86	119.76	N/A	N/A	64	55	677	73
2015-11-11	$15.16	$16.00	136.3%	39.1%	14.8%	77.3%	138.6%	-1.8%	-60.9%	8.5K	-405.7K	-1.5K	0.86	163.97	N/A	N/A	64	55	677	73
2015-11-12	$14.70	$16.00	17.1%	4.9%	17.5%	5.7%	19.2%	-1.3%	-3.8%	1.5K	69.6K	-196	0.86	114.53	N/A	N/A	64	55	677	73
2015-11-13	$14.63	$16.00	18.3%	5.2%	17.4%	6.4%	20.4%	-1.0%	-1.8%	1.1K	73.1K	-176	0.86	114.51	N/A	N/A	64	55	677	73
2015-11-16	$14.83	$16.00	16.2%	4.6%	18.2%	5.1%	0.0%	4.5%	-0.8%	5.2K	45.0K	-295	0.00	114.11	N/A	N/A	0	0	677	73
2015-11-17	$14.82	$16.00	17.8%	5.1%	18.0%	6.1%	20.1%	0.6%	-1.9%	2.6K	61.4K	-206	0.86	115.29	N/A	N/A	64	55	677	73
2015-11-18	$15.03	$16.00	16.2%	4.7%	18.8%	5.2%	18.4%	4.5%	-2.3%	131	67.4K	-174	0.79	114.85	N/A	N/A	70	55	677	73
2015-11-19	$15.00	$16.00	16.7%	4.8%	18.0%	5.5%	19.2%	0.3%	-0.3%	781	66.6K	-175	0.79	116.90	N/A	N/A	70	55	677	73
2015-11-20	$14.96	$16.00	15.5%	4.5%	17.8%	4.7%	18.3%	0.1%	-0.1%	-644	72.1K	-149	0.79	115.51	N/A	N/A	70	55	677	73
2015-11-23	$14.92	$16.00	14.4%	4.1%	17.6%	4.0%	0.0%	3.8%	-0.9%	-1.3K	75.4K	-126	0.00	120.51	N/A	N/A	0	0	677	73
2015-11-24	$14.98	$16.00	16.1%	4.6%	17.1%	5.1%	0.0%	4.5%	-0.7%	155	70.0K	-145	0.00	120.38	N/A	N/A	0	0	677	73
2015-11-25	$14.95	$16.00	17.1%	4.9%	15.9%	5.7%	19.7%	1.2%	-3.1%	-510	72.2K	-138	0.79	117.36	N/A	N/A	70	55	677	73
2015-11-27	$14.88	$16.00	17.2%	4.9%	15.8%	5.7%	88.7%	-81.2%	-3.5%	-1.6K	74.3K	-130	0.79	167.66	N/A	N/A	70	55	677	73
2015-11-30	$14.87	$16.00	17.8%	5.1%	15.8%	6.1%	0.0%	3.2%	-0.9%	-1.9K	78.3K	-104	0.00	120.57	N/A	N/A	0	0	677	73