PID Options History — May 2018

In May 2018, PID traded between $15.53 and $16.04. ATM implied volatility averaged 25.9%, placing in the 13.2% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 16.8% (HV 20d: 9.1%). Max pain ranged from $14.00 to $14.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.40.

Notable Days

  • 2018-05-29: Highest Volume — 150 contracts
  • 2018-05-16: Largest IV spike — 87.7% change
  • 2018-05-07: Highest IV Rank — 18.1%
  • 2018-05-31: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.83$15.53$16.04$15.82$15.70
Max Pain$14.00$14.00$14.00$14.00$14.00
ATM IV25.9%13.8%35.0%29.1%33.8%
Expected Move6.9%3.9%9.7%8.3%9.7%
HV 20d9.1%7.5%10.8%10.5%10.8%
HV 60d12.0%10.2%15.2%15.2%11.2%
IV Rank13.2%6.7%18.1%15.0%17.5%
IV Percentile54.7%4.4%92.1%72.6%90.5%
Term Structure-4.0%-13.3%2.5%-5.4%-13.3%
VWIV56.6%54.6%58.7%54.6%58.7%
Skew 25d-6.7%-19.8%2.4%-19.8%-11.2%
Skew 10d-5.5%-17.0%16.1%-7.6%-4.5%
Call IV 25d23.8%14.0%38.6%36.3%26.6%
Put IV 25d17.2%12.3%37.9%16.6%15.4%
Bid-Ask Spread %140.29117.69153.56151.67133.06
Gamma HHI0.660.330.940.910.33
Net GEX1.6K-2.3K3.5K2.8K-2.3K
Net DEX-2.6K-31.2K69.9K-27.2K69.9K
Net VEX-340-703-182-242-703
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.061.140.060.79
Total Volume997515075125
Total OI106.5457520075200

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-05-01$15.82$14.0029.1%8.3%10.5%15.0%54.6%-19.8%-5.4%2.8K-27.2K-2420.06151.67N/AN/A714714
2018-05-02$15.75$14.0029.0%8.3%10.0%14.9%58.7%-0.7%-9.0%2.8K-28.0K-2370.06153.56N/AN/A714714
2018-05-03$15.70$0.0031.8%6.1%9.0%16.4%0.0%-9.9%-1.7%2.7K-24.8K-2290.06147.17N/AN/A714714
2018-05-04$15.79$0.0031.0%6.4%9.0%16.0%0.0%-13.6%-1.5%2.8K-25.7K-2270.06151.33N/AN/A714714
2018-05-07$15.77$0.0035.0%6.0%9.0%18.1%0.0%-10.6%-4.3%3.2K-25.3K-2260.06150.49N/AN/A714714
2018-05-08$15.74$0.0024.6%4.0%8.3%12.5%0.0%0.7%-0.4%3.3K-17.2K-1820.06145.37N/AN/A714714
2018-05-09$15.86$0.0022.4%6.4%8.8%11.4%0.0%-12.2%-4.2%3.4K-25.5K-2210.06150.00N/AN/A714714
2018-05-10$15.99$0.0023.6%6.8%9.3%12.0%0.0%0.5%-6.1%3.4K-28.2K-2330.06148.53N/AN/A714714
2018-05-11$16.03$0.0023.1%6.6%9.2%11.7%0.0%-10.3%-3.9%3.3K-31.2K-2440.06143.70N/AN/A714714
2018-05-14$16.04$0.0016.8%4.8%9.1%8.3%0.0%-4.4%-0.4%3.5K-22.2K-2040.37136.32N/AN/A7126714
2018-05-15$15.86$0.0013.8%3.9%9.6%6.7%0.0%-0.3%2.5%2.2K-9.8K-2560.37135.92N/AN/A71267126
2018-05-16$15.92$0.0025.9%7.4%9.7%13.2%0.0%-14.0%-5.6%1.9K-18.3K-3070.37148.56N/AN/A71267126
2018-05-17$15.89$0.0015.6%4.5%8.9%7.7%0.0%-0.7%-1.6%1.9K-9.1K-2590.37128.82N/AN/A71267126
2018-05-18$15.87$0.0016.6%4.8%8.6%8.2%0.0%-1.4%2.1%1.8K-20.2K-3120.65126.47N/AN/A71467126
2018-05-21$15.93$0.0023.3%6.7%8.6%11.9%0.0%2.4%-2.2%869-199-3830.66117.69N/AN/A70467046
2018-05-22$15.93$0.0025.5%7.3%8.2%13.0%0.0%-1.8%-4.8%48215.6K-3840.66124.93N/AN/A70467056
2018-05-23$15.86$0.0028.1%8.1%8.4%14.4%0.0%-4.4%-4.6%39212.4K-4180.66141.11N/AN/A70467056
2018-05-24$15.80$0.0027.2%7.8%7.6%13.9%0.0%-4.6%-2.6%-2522.0K-4640.79134.75N/AN/A70557066
2018-05-25$15.76$0.0028.6%8.2%7.5%14.7%0.0%-6.7%-4.6%-95238.4K-5390.79143.66N/AN/A70557086
2018-05-29$15.53$0.0032.5%9.3%9.1%16.8%0.0%-17.3%-9.5%-69639.0K-5341.14146.66N/AN/A70807086
2018-05-30$15.78$0.0032.8%9.4%10.7%17.0%0.0%-6.4%-6.8%-1.8K57.6K-6820.79126.63N/AN/A705570120
2018-05-31$15.70$0.0033.8%9.7%10.8%17.5%0.0%-11.2%-13.3%-2.3K69.9K-7030.79133.06N/AN/A705570130