PID Options History — May 2019

In May 2019, PID traded between $15.80 and $16.39. ATM implied volatility averaged 16.5%, placing in the 22.3% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded above realized volatility by 6.8% (HV 20d: 9.7%). Max pain ranged from $14.00 to $14.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days.

Notable Days

  • 2019-05-08: Largest IV spike — 129.3% change
  • 2019-05-08: Highest IV Rank — 44.7%
  • 2019-05-20: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.04$15.80$16.39$16.33$15.81
Max Pain$14.00$14.00$14.00$14.00$14.00
ATM IV16.5%9.6%31.8%15.6%11.8%
Expected Move4.1%2.8%8.2%4.5%3.4%
HV 20d9.7%5.8%12.5%6.0%12.3%
HV 60d9.2%8.4%9.9%8.7%9.9%
IV Rank22.3%12.3%44.7%21.0%15.4%
IV Percentile31.1%3.2%78.6%29.8%20.2%
Term Structure-2.2%-14.8%2.1%-9.3%-0.9%
Skew 25d0.4%-10.6%8.0%-7.2%4.2%
Skew 10d2.2%-10.5%13.9%6.8%1.5%
Call IV 25d14.6%10.1%29.2%15.9%12.2%
Put IV 25d15.0%8.5%32.2%8.7%16.4%
Bid-Ask Spread %103.2351.34165.2488.9486.74
Gamma HHI0.820.530.890.880.82
Net GEX8393381.3K686971
Net DEX-5.6K-8.1K-4.3K-7.3K-4.3K
Net VEX-12-14-9-12-10
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI88888

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$16.33$0.0015.6%4.5%6.0%21.0%0.0%-7.2%-9.3%686-7.3K-120.0088.94N/AN/A0062
2019-05-02$16.28$0.0012.5%3.6%5.8%16.4%0.0%-7.1%-7.0%860-7.5K-120.0052.50N/AN/A0062
2019-05-03$16.39$0.0012.1%3.5%6.3%15.9%0.0%-3.3%-6.1%769-8.1K-90.0051.34N/AN/A0062
2019-05-06$16.31$14.0010.7%3.4%6.5%13.9%0.0%4.2%1.0%576-6.9K-110.0087.51N/AN/A0062
2019-05-07$16.12$14.0013.9%3.1%7.6%18.5%0.0%0.7%-0.8%778-6.2K-130.00117.41N/AN/A0062
2019-05-08$16.20$14.0031.8%8.0%7.7%44.7%0.0%4.0%-14.8%357-5.7K-140.00138.72N/AN/A0062
2019-05-09$16.06$14.0019.7%3.7%8.0%27.0%0.0%1.3%-0.8%806-5.5K-130.00111.06N/AN/A0062
2019-05-10$16.10$14.0018.1%4.0%8.0%24.7%0.0%-0.7%-1.6%751-5.8K-130.00137.39N/AN/A0062
2019-05-13$15.80$14.0031.4%3.9%10.1%44.1%0.0%0.6%-0.8%684-4.5K-130.00133.76N/AN/A0062
2019-05-14$15.89$14.0027.9%3.9%10.4%38.9%0.0%-0.4%-0.8%791-4.7K-130.00121.85N/AN/A0062
2019-05-15$15.97$14.0012.7%3.6%10.5%16.7%0.0%3.7%-1.3%965-4.8K-120.00106.62N/AN/A0062
2019-05-16$15.97$14.0012.4%3.6%10.3%16.3%0.0%0.4%-0.6%889-5.3K-120.0081.51N/AN/A0062
2019-05-17$15.96$14.0026.6%7.6%10.3%37.1%0.0%4.4%-7.8%338-5.1K-140.00165.24N/AN/A0062
2019-05-20$15.95$14.0028.5%8.2%10.3%39.9%0.0%-10.6%0.0%362-5.0K-140.00156.61N/AN/A0062
2019-05-21$16.10$14.0011.6%3.3%11.0%15.2%0.0%8.0%0.6%1.1K-5.9K-110.0084.95N/AN/A0062
2019-05-22$16.08$14.0011.4%3.3%11.0%14.8%0.0%0.7%0.8%1.1K-5.9K-110.0065.42N/AN/A0062
2019-05-23$15.85$14.009.6%2.8%12.0%12.3%0.0%1.2%2.1%1.1K-4.4K-110.0092.88N/AN/A0062
2019-05-24$16.01$14.0011.3%3.2%12.5%14.7%0.0%1.3%0.8%1.1K-5.4K-110.0088.87N/AN/A0062
2019-05-28$15.97$14.0012.6%3.6%12.4%16.6%0.0%0.7%-0.9%1.1K-5.7K-100.00137.06N/AN/A0062
2019-05-29$15.89$14.0010.9%3.1%12.4%14.1%0.0%1.8%1.2%1.2K-4.7K-100.0092.12N/AN/A0062
2019-05-30$15.89$14.0010.3%3.0%12.2%13.2%0.0%-0.0%0.7%1.3K-4.7K-100.0072.57N/AN/A0062
2019-05-31$15.81$14.0011.8%3.4%12.3%15.4%0.0%4.2%-0.9%971-4.3K-100.0086.74N/AN/A0062