PID Options History — February 2021

In February 2021, PID traded between $15.63 and $16.69. ATM implied volatility averaged 37.8%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 21.5% (HV 20d: 16.3%). Max pain ranged from $15.00 to $16.00. Net GEX was positive for 4 of 19 trading days. Term structure was in contango for 9 of 19 days.

Notable Days

  • 2021-02-18: Highest Volume — 10 contracts
  • 2021-02-03: Largest IV spike — 108.1% change
  • 2021-02-04: Highest IV Rank — 25.6%
  • 2021-02-01: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.19$15.63$16.69$15.63$16.04
Max Pain$15.16$15.00$16.00$16.00$15.00
ATM IV37.8%20.0%53.4%49.3%33.4%
Expected Move10.5%5.7%14.1%14.1%9.6%
HV 20d16.3%14.5%19.9%19.6%16.0%
HV 60d18.3%16.1%22.4%22.3%16.7%
IV Rank17.7%8.6%25.6%23.5%15.4%
IV Percentile26.5%3.6%48.4%40.5%21.0%
Term Structure0.1%-23.0%49.1%49.1%10.7%
Skew 25d8.2%-20.1%59.1%9.6%49.7%
Skew 10d8.9%-33.4%75.1%12.0%71.7%
Call IV 25d40.8%11.8%108.3%108.3%42.6%
Put IV 25d49.1%18.8%117.8%117.8%92.3%
Bid-Ask Spread %146.12115.72180.34180.34134.63
Gamma HHI0.460.320.800.320.52
Net GEX-321-1.2K208-193-449
Net DEX465-3.5K4.5K4.4K2.9K
Net VEX-44-66-26-66-36
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.57901010
Total OI31.31628402835

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$15.63$16.0049.3%14.1%19.6%23.5%0.0%9.6%49.1%-1934.4K-660.00180.34N/AN/A01721
2021-02-02$15.79$16.0020.7%5.9%19.9%9.0%0.0%2.5%13.0%-2211.7K-540.00115.72N/AN/A00722
2021-02-03$15.86$16.0043.2%12.4%17.7%20.4%0.0%22.0%2.7%-3531.3K-520.00148.66N/AN/A00722
2021-02-04$15.91$15.0053.4%13.7%17.4%25.6%0.0%-3.9%-16.1%-3221.4K-540.00155.72N/AN/A00722
2021-02-05$16.02$15.0043.0%11.3%17.1%20.3%0.0%-11.0%-7.5%-358-606-460.00154.54N/AN/A00722
2021-02-08$16.14$15.0046.0%11.5%17.3%21.8%0.0%-18.2%-8.9%-202242-470.00157.66N/AN/A00722
2021-02-09$16.18$15.0049.3%12.2%17.1%23.5%0.0%-20.1%-9.8%-192955-520.00142.50N/AN/A00722
2021-02-10$16.14$15.0041.1%11.8%16.2%19.4%0.0%5.0%-10.3%-191413-470.00157.28N/AN/A00722
2021-02-11$16.15$15.0020.0%5.7%16.1%8.6%0.0%15.3%8.8%104-2.1K-380.00127.67N/AN/A00722
2021-02-12$16.26$15.0031.6%9.1%15.3%14.5%0.0%2.4%2.7%83-3.1K-310.00131.00N/AN/A00822
2021-02-16$16.46$15.0044.2%12.7%15.3%21.0%0.0%10.1%-13.0%-102-3.1K-400.00154.73N/AN/A00822
2021-02-17$16.36$15.0037.0%10.6%15.2%17.3%0.0%3.6%-10.4%48-3.5K-280.00154.04N/AN/A00822
2021-02-18$16.27$15.0037.1%10.6%15.3%17.3%0.0%4.5%-0.7%208-2.7K-280.00143.50N/AN/A010822
2021-02-19$16.35$15.0045.4%13.0%15.2%21.6%0.0%4.0%-8.8%-813647-590.00155.16N/AN/A00832
2021-02-22$16.45$15.0029.7%8.5%14.9%13.6%0.0%5.1%10.1%-8554.2K-440.00147.29N/AN/A00332
2021-02-23$16.53$15.0027.9%8.0%14.7%12.6%0.0%30.3%1.6%-8144.5K-490.00135.59N/AN/A00332
2021-02-24$16.69$15.0042.1%12.1%15.0%19.9%0.0%-13.4%-23.0%-1.2K-964-260.00133.63N/AN/A00332
2021-02-25$16.34$15.0023.1%6.6%14.5%10.2%0.0%59.1%12.3%-3032.3K-440.00146.60N/AN/A00332
2021-02-26$16.04$15.0033.4%9.6%16.0%15.4%0.0%49.7%10.7%-4492.9K-360.00134.63N/AN/A00332