PID Options History — August 2016

In August 2016, PID traded between $14.06 and $14.82. ATM implied volatility averaged 25.8%, placing in the 15.2% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 14.1% (HV 20d: 11.7%). Max pain ranged from $13.00 to $14.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.93.

Notable Days

  • 2016-08-26: Highest Volume — 68 contracts
  • 2016-08-10: Largest IV drop — 46.2% change
  • 2016-08-31: Highest IV Rank — 23.0%
  • 2016-08-31: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.53$14.06$14.82$14.08$14.53
Max Pain$13.40$13.00$14.00$13.00$14.00
ATM IV25.8%19.1%38.5%32.2%32.6%
Expected Move7.0%5.5%9.3%9.2%9.3%
HV 20d11.7%9.8%15.7%15.7%10.3%
HV 60d22.8%22.2%23.6%23.6%22.2%
IV Rank15.2%10.2%23.0%17.8%23.0%
IV Percentile59.6%29.4%94.8%83.7%85.3%
Term Structure-3.9%-20.2%6.8%-11.3%-7.3%
VWIV24.7%19.6%31.9%23.5%28.8%
Skew 25d2.7%-3.9%13.4%1.8%-1.4%
Skew 10d6.7%-1.0%20.6%8.1%5.7%
Call IV 25d25.7%19.0%34.7%34.7%32.1%
Put IV 25d28.4%18.2%36.5%36.5%30.7%
Bid-Ask Spread %135.23130.26141.74137.74134.07
Gamma HHI0.750.370.960.960.38
Net GEX1.2K93.4K2.6K12
Net DEX-68.6K-106.3K-20.9K-70.3K-20.9K
Net VEX-118-187-66-187-111
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.930.001.191.001.19
Total Volume49.870685468
Total OI104.9576912212182

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-08-01$14.08$0.0032.2%9.2%15.7%17.8%0.0%1.8%-11.3%2.6K-70.3K-1871.00137.74N/AN/A27278437
2016-08-02$14.06$0.0027.3%7.8%14.1%14.9%0.0%-0.3%-8.7%2.4K-74.9K-1791.00137.29N/AN/A27278437
2016-08-03$14.14$0.0025.5%7.3%14.2%13.9%0.0%-1.1%-1.8%3.4K-76.8K-1591.00141.74N/AN/A27278437
2016-08-04$14.22$13.0031.5%6.5%13.9%17.4%23.5%5.4%-1.2%2.2K-79.1K-1751.00136.66N/AN/A27278437
2016-08-05$14.35$13.0026.3%5.7%13.3%14.4%19.7%13.4%-3.8%1.3K-95.3K-961.00130.26N/AN/A27278437
2016-08-08$14.46$13.0028.9%5.8%13.1%15.9%20.5%-1.9%-5.6%245-106.3K-661.00130.30N/AN/A27278437
2016-08-09$14.49$13.0038.5%7.9%11.0%21.4%27.8%8.0%0.6%1.8K-86.7K-1551.00139.74N/AN/A27278437
2016-08-10$14.49$13.0020.7%5.9%11.0%11.1%21.3%1.4%-5.9%1.8K-93.3K-1351.00135.33N/AN/A27278437
2016-08-11$14.63$13.0019.1%5.5%11.3%10.2%19.6%1.0%2.7%1.6K-98.2K-1211.00135.04N/AN/A27278437
2016-08-12$14.54$13.0022.7%6.5%11.4%12.3%25.3%4.6%6.3%1.8K-91.2K-1411.00133.94N/AN/A27278437
2016-08-15$14.69$13.0023.3%6.7%11.9%12.6%26.2%4.9%6.8%1.6K-96.4K-1221.00138.53N/AN/A27278437
2016-08-16$14.67$13.0019.2%5.5%10.6%10.3%21.9%0.7%-0.9%1.4K-101.9K-1041.00132.49N/AN/A27278437
2016-08-17$14.67$13.0024.0%6.9%10.5%13.0%0.0%5.9%-0.0%1.6K-96.8K-1210.00138.09N/AN/A108437
2016-08-18$14.82$13.0022.3%6.4%10.9%12.0%0.0%7.4%2.2%1.4K-103.5K-1070.00138.25N/AN/A008537
2016-08-19$14.72$13.0019.5%5.6%11.3%10.4%22.7%0.7%0.3%1.4K-103.8K-980.96135.25N/AN/A28278537
2016-08-22$14.65$14.0024.6%7.1%10.9%13.4%22.6%0.3%-16.8%289-26.6K-830.96133.91N/AN/A28273237
2016-08-23$14.78$14.0023.7%6.8%11.0%12.9%30.7%4.8%-11.5%295-26.7K-820.96132.07N/AN/A28273237
2016-08-24$14.66$14.0025.7%7.4%11.4%17.9%0.0%1.2%0.0%311-27.0K-780.00135.11N/AN/A303237
2016-08-25$14.65$14.0024.5%7.0%11.2%17.1%24.4%-3.9%0.0%458-29.1K-870.87135.40N/AN/A31273537
2016-08-26$14.57$14.0024.0%6.9%11.4%16.7%29.3%3.2%-20.2%410-27.6K-881.19130.93N/AN/A31373537
2016-08-29$14.59$14.0026.9%7.7%9.9%18.8%23.8%2.6%-2.2%9-22.7K-1101.19133.02N/AN/A31373547
2016-08-30$14.64$14.0030.8%8.8%9.8%21.7%31.9%3.6%-3.4%40-22.2K-1151.19135.06N/AN/A31373547
2016-08-31$14.53$14.0032.6%9.3%10.3%23.0%28.8%-1.4%-7.3%12-20.9K-1111.19134.07N/AN/A31373547