PID Options History — August 2017

In August 2017, PID traded between $15.42 and $15.92. ATM implied volatility averaged 25.4%, placing in the 13.2% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 17.1% (HV 20d: 8.3%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 0.86.

Notable Days

2017-08-01: Highest Volume — 26 contracts
2017-08-15: Largest IV spike — 75.9% change
2017-08-08: Highest IV Rank — 21.4%
2017-08-18: Largest Expected Move — 8.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.64	$15.42	$15.92	$15.87	$15.87
Max Pain	$15.00	$15.00	$15.00	$15.00	$15.00
ATM IV	25.4%	13.2%	37.8%	30.0%	27.4%
Expected Move	6.6%	3.8%	8.8%	8.6%	7.8%
HV 20d	8.3%	7.0%	9.1%	8.6%	9.1%
HV 60d	9.2%	8.9%	9.6%	9.4%	9.3%
IV Rank	13.2%	5.1%	21.4%	16.3%	14.5%
IV Percentile	41.4%	2.4%	90.1%	66.3%	52.0%
Term Structure	9.0%	-15.3%	151.2%	-15.3%	-2.2%
VWIV	28.1%	18.1%	92.7%	27.1%	27.1%
Skew 25d	6.7%	-22.0%	93.4%	-22.0%	-15.6%
Skew 10d	10.9%	-8.2%	103.7%	4.5%	16.9%
Call IV 25d	19.6%	7.1%	53.2%	37.5%	39.5%
Put IV 25d	26.3%	12.1%	102.5%	15.5%	23.9%
Bid-Ask Spread %	154.58	123.88	196.16	152.17	147.29
Gamma HHI	0.90	0.68	1.00	1.00	0.93
Net GEX	40.3K	-2.2K	60.6K	41.0K	59.6K
Net DEX	-904.5K	-1.0M	-767.7K	-967.9K	-981.4K
Net VEX	-3.4K	-3.6K	-3.0K	-3.5K	-3.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.86	0.86	0.86	0.86	0.86
Total Volume	26	26	26	26	26
Total OI	1,120.696	1,120	1,128	1,128	1,120

Daily Data (23 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
2017-08-01	$15.87	$0.00	30.0%	8.6%	8.6%	16.3%	0.0%	-22.0%	-15.3%	41.0K	-967.9K	-3.5K	0.86	152.17	N/A	N/A	14	12	981	147
2017-08-02	$15.92	$0.00	22.4%	6.4%	7.6%	11.2%	0.0%	14.2%	-7.0%	35.6K	-1.0M	-3.6K	0.86	188.25	N/A	N/A	14	12	981	147
2017-08-03	$15.77	$15.00	29.9%	5.2%	8.4%	16.2%	27.1%	4.5%	4.0%	35.7K	-937.7K	-3.5K	0.86	150.18	N/A	N/A	14	12	973	147
2017-08-04	$15.76	$15.00	20.8%	3.8%	8.1%	10.1%	18.3%	4.0%	5.8%	45.7K	-975.1K	-3.5K	0.86	146.00	N/A	N/A	14	12	973	147
2017-08-07	$15.73	$15.00	36.0%	5.1%	8.2%	20.3%	27.5%	16.6%	14.4%	33.9K	-880.6K	-3.6K	0.86	188.92	N/A	N/A	14	12	973	147
2017-08-08	$15.70	$15.00	37.8%	5.4%	8.3%	21.4%	27.8%	15.8%	12.2%	32.9K	-883.7K	-3.6K	0.86	151.98	N/A	N/A	14	12	973	147
2017-08-09	$15.63	$15.00	20.2%	5.8%	7.0%	9.7%	27.6%	18.1%	11.9%	31.9K	-864.3K	-3.6K	0.86	187.33	N/A	N/A	14	12	973	147
2017-08-10	$15.42	$15.00	27.9%	8.0%	8.4%	14.8%	26.6%	-0.8%	-7.5%	31.7K	-834.7K	-3.6K	0.86	151.69	N/A	N/A	14	12	973	147
2017-08-11	$15.42	$15.00	21.9%	6.3%	7.9%	10.9%	22.3%	-3.1%	-6.7%	60.6K	-767.7K	-3.5K	0.86	151.48	N/A	N/A	14	12	973	147
2017-08-14	$15.54	$15.00	13.2%	3.8%	8.3%	5.1%	92.7%	93.4%	151.2%	-2.2K	-1.0M	-3.1K	0.86	196.16	N/A	N/A	14	12	973	147
2017-08-15	$15.49	$15.00	23.3%	6.7%	8.4%	11.8%	20.9%	-1.8%	-8.6%	42.4K	-850.3K	-3.5K	0.86	151.26	N/A	N/A	14	12	973	147
2017-08-16	$15.56	$15.00	23.0%	6.6%	8.1%	11.6%	30.4%	7.5%	6.9%	37.5K	-844.3K	-3.5K	0.86	155.93	N/A	N/A	14	12	973	147
2017-08-17	$15.48	$15.00	25.6%	7.3%	8.1%	13.4%	27.4%	13.7%	3.8%	37.5K	-868.4K	-3.4K	0.86	144.75	N/A	N/A	14	12	973	147
2017-08-18	$15.49	$15.00	30.6%	8.8%	8.0%	16.7%	31.3%	13.2%	-5.6%	41.0K	-780.7K	-3.4K	0.86	155.28	N/A	N/A	14	12	973	147
2017-08-21	$15.46	$15.00	23.5%	6.8%	8.0%	12.0%	20.7%	5.2%	-5.6%	43.6K	-855.3K	-3.4K	0.86	139.97	N/A	N/A	14	12	973	147
2017-08-22	$15.58	$15.00	23.2%	6.6%	8.4%	11.7%	19.6%	3.4%	12.7%	42.6K	-897.3K	-3.4K	0.86	138.92	N/A	N/A	14	12	973	147
2017-08-23	$15.68	$15.00	20.7%	5.9%	8.7%	10.1%	18.1%	3.9%	14.8%	45.4K	-913.4K	-3.3K	0.86	123.88	N/A	N/A	14	12	973	147
2017-08-24	$15.68	$15.00	23.0%	6.6%	8.7%	11.6%	20.4%	-11.7%	8.8%	34.5K	-899.6K	-3.3K	0.86	151.79	N/A	N/A	14	12	973	147
2017-08-25	$15.73	$15.00	22.8%	6.5%	8.7%	11.4%	20.8%	-14.1%	3.8%	52.0K	-950.4K	-3.2K	0.86	151.94	N/A	N/A	14	12	973	147
2017-08-28	$15.68	$15.00	27.2%	7.8%	8.5%	14.4%	22.1%	-1.3%	-3.7%	59.0K	-1.0M	-3.0K	0.86	148.64	N/A	N/A	14	12	973	147
2017-08-29	$15.68	$15.00	25.0%	7.2%	8.5%	13.0%	21.2%	1.5%	12.8%	34.6K	-899.1K	-3.2K	0.86	125.84	N/A	N/A	14	12	973	147
2017-08-30	$15.66	$15.00	27.8%	8.0%	8.4%	14.8%	39.7%	9.9%	6.5%	49.6K	-866.4K	-3.2K	0.86	155.79	N/A	N/A	14	12	973	147
2017-08-31	$15.87	$15.00	27.4%	7.8%	9.1%	14.5%	27.1%	-15.6%	-2.2%	59.6K	-981.4K	-3.0K	0.86	147.29	N/A	N/A	14	12	973	147