PID Options History — March 2019

In March 2019, PID traded between $15.64 and $16.19. ATM implied volatility averaged 19.9%, placing in the 16.9% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 10.7% (HV 20d: 9.3%). Max pain ranged from $14.00 to $14.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-03-18: Highest Volume — 5 contracts
  • 2019-03-19: Largest IV spike — 186.1% change
  • 2019-03-29: Highest IV Rank — 39.9%
  • 2019-03-08: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.91$15.64$16.19$15.81$15.86
Max Pain$14.00$14.00$14.00$14.00$14.00
ATM IV19.9%9.0%52.3%31.1%28.5%
Expected Move5.7%3.1%15.0%8.9%6.4%
HV 20d9.3%8.4%9.9%9.6%9.6%
HV 60d12.4%10.5%14.1%14.1%10.5%
IV Rank16.9%4.8%39.9%16.5%39.9%
IV Percentile33.5%2.4%97.2%72.6%64.7%
Term Structure1.2%-12.1%18.1%-12.1%-5.6%
VWIV32.9%32.9%32.9%32.9%32.9%
Skew 25d2.3%-23.7%19.0%-23.7%19.0%
Skew 10d4.7%-26.1%31.1%-26.1%31.1%
Call IV 25d14.0%9.0%40.8%40.8%17.5%
Put IV 25d16.4%10.3%36.5%17.1%36.5%
Bid-Ask Spread %139.0578.82200.00149.10168.93
Gamma HHI0.580.391.000.410.58
Net GEX172-43668-35316
Net DEX-2.6K-5.7K-161-443-4.7K
Net VEX-13-23-3-10-22
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.2380500
Total OI5.9054948

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$15.81$0.0031.1%8.9%9.6%16.5%0.0%-23.7%-12.1%-35-443-100.00149.10N/AN/A0013
2019-03-04$15.78$0.0015.4%4.4%9.6%7.9%0.0%0.6%2.3%-1-818-60.00118.49N/AN/A0013
2019-03-05$15.84$0.0016.4%4.7%9.6%8.4%0.0%0.7%6.0%45-970-40.00122.69N/AN/A0013
2019-03-06$15.80$0.0018.3%5.3%9.3%9.5%0.0%1.7%3.3%-7-766-70.0078.82N/AN/A0013
2019-03-07$15.69$0.0032.5%9.3%9.4%17.3%0.0%-0.4%1.4%2-839-60.00118.48N/AN/A0013
2019-03-08$15.64$0.0052.3%15.0%8.6%28.3%0.0%14.3%-2.5%-43-161-100.00151.03N/AN/A0013
2019-03-11$15.80$14.0021.7%3.4%8.9%11.4%0.0%3.9%4.4%-12-960-50.00115.07N/AN/A0013
2019-03-12$15.86$14.0018.4%5.0%8.9%9.5%0.0%2.1%-0.1%-16-161-100.00159.16N/AN/A0013
2019-03-13$15.97$14.009.9%3.4%9.0%4.8%0.0%1.9%3.9%9-1.0K-50.00114.33N/AN/A0013
2019-03-14$15.95$14.0017.7%4.9%8.9%9.1%0.0%2.7%7.6%26-924-40.00140.25N/AN/A0013
2019-03-15$16.07$14.0022.5%5.3%9.0%11.8%32.9%0.6%-5.1%-20-738-80.00168.54N/AN/A0113
2019-03-18$16.19$0.009.0%0.0%8.9%11.3%0.0%1.9%18.1%57-1.3K-30.00200.00N/AN/A5013
2019-03-19$16.13$0.0025.8%6.1%8.9%35.9%0.0%18.3%-4.3%290-5.6K-230.00171.86N/AN/A5063
2019-03-20$16.19$0.0026.8%6.3%8.6%37.4%0.0%6.8%-5.7%283-5.7K-220.00170.10N/AN/A5063
2019-03-21$16.15$0.0016.7%4.8%8.4%22.6%0.0%-2.5%-6.0%280-5.3K-220.00140.11N/AN/A5063
2019-03-22$15.89$0.0015.4%6.2%9.8%20.7%0.0%-0.3%6.0%337-5.0K-220.00155.38N/AN/A5063
2019-03-25$15.84$0.009.8%3.1%9.8%12.5%0.0%0.4%1.4%552-4.6K-190.00126.00N/AN/A0062
2019-03-26$15.90$0.0010.9%5.1%9.9%14.1%0.0%0.4%9.4%286-4.7K-220.00133.33N/AN/A0062
2019-03-27$15.88$0.009.5%3.2%9.8%12.0%0.0%0.3%1.7%594-4.8K-190.00123.35N/AN/A0062
2019-03-28$15.85$0.0010.5%3.2%9.6%13.5%0.0%0.5%1.1%668-4.5K-180.0095.10N/AN/A0062
2019-03-29$15.86$0.0028.5%6.4%9.6%39.9%0.0%19.0%-5.6%316-4.7K-220.00168.93N/AN/A0062