PID Options History — March 2021

In March 2021, PID traded between $16.25 and $17.10. ATM implied volatility averaged 28.8%, placing in the 13.1% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 13.4% (HV 20d: 15.4%). Max pain ranged from $15.00 to $17.00. Net GEX was positive for 1 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.33.

Notable Days

  • 2021-03-23: Highest Volume — 10 contracts
  • 2021-03-25: Largest IV spike — 124.8% change
  • 2021-03-25: Highest IV Rank — 19.4%
  • 2021-03-25: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.71$16.25$17.10$16.25$16.70
Max Pain$15.09$15.00$17.00$15.00$17.00
ATM IV28.8%10.7%41.1%31.3%10.7%
Expected Move8.3%3.1%11.8%9.0%3.1%
HV 20d15.4%13.7%18.1%14.6%13.7%
HV 60d16.3%15.7%16.8%16.8%15.9%
IV Rank13.1%3.9%19.4%14.4%3.9%
IV Percentile17.7%1.6%38.5%18.3%1.6%
Term Structure-0.6%-29.3%19.8%9.3%9.6%
VWIV14.4%14.4%14.4%14.4%14.4%
Skew 25d0.9%-28.7%27.9%27.9%4.7%
Skew 10d-1.2%-26.9%19.5%8.5%-20.7%
Call IV 25d32.5%15.6%54.8%25.1%15.6%
Put IV 25d33.4%14.1%53.0%53.0%20.2%
Bid-Ask Spread %140.95124.76173.69133.18149.57
Gamma HHI0.630.260.930.880.72
Net GEX-572-2.3K360-797-2.3K
Net DEX1.1K-7.9K16.6K4.1K16.6K
Net VEX-29-53-10-37-53
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.330.330.330.33
Total Volume1.04301000
Total OI34.8723433543

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$16.25$15.0031.3%9.0%14.6%14.4%0.0%27.9%9.3%-7974.1K-370.00133.18N/AN/A00332
2021-03-02$16.34$15.0036.5%10.5%14.5%17.0%0.0%15.1%9.1%-8103.0K-400.00138.95N/AN/A00332
2021-03-03$16.40$15.0033.6%9.6%14.2%15.5%0.0%-5.8%-0.7%-1.1K1.3K-280.00128.82N/AN/A00332
2021-03-04$16.26$15.0027.5%7.1%14.6%12.4%0.0%5.9%2.2%-9382.1K-340.00128.64N/AN/A00332
2021-03-05$16.48$15.0032.6%9.9%15.3%15.0%0.0%6.7%-1.8%-8592.0K-290.00124.76N/AN/A00332
2021-03-08$16.57$15.0022.4%6.8%15.2%9.8%0.0%4.3%7.5%-536961-230.00138.47N/AN/A00332
2021-03-09$16.64$15.0027.2%8.2%15.1%12.2%0.0%5.8%-7.7%-491-1.2K-200.00129.38N/AN/A00332
2021-03-10$16.85$15.0027.4%7.9%15.6%12.4%0.0%6.6%-5.8%-324-2.5K-100.33144.26N/AN/A31332
2021-03-11$17.00$15.0023.1%6.6%15.7%10.2%0.0%-10.0%-10.7%360-7.9K-120.00130.56N/AN/A00633
2021-03-12$17.05$15.0039.9%11.4%15.6%18.8%0.0%4.4%-14.5%-250-4.7K-250.00132.78N/AN/A00633
2021-03-15$17.05$15.0024.1%6.9%15.6%10.7%0.0%13.3%13.9%-112-6.5K-150.00145.75N/AN/A00533
2021-03-16$16.99$15.0033.4%9.6%15.3%15.4%0.0%2.4%-4.4%-185-3.0K-230.00143.45N/AN/A00533
2021-03-17$17.10$15.0035.4%10.1%15.1%16.4%0.0%3.3%-6.2%-573-1.8K-230.00157.57N/AN/A00533
2021-03-18$16.77$15.0038.0%10.9%16.8%17.8%0.0%2.6%5.7%-638962-300.00151.31N/AN/A00533
2021-03-19$16.91$15.0035.0%10.0%16.9%16.3%0.0%-15.7%5.3%-421-3.2K-260.00144.95N/AN/A00533
2021-03-22$16.89$15.0021.9%6.3%16.8%9.5%0.0%-20.2%5.0%-3722.2K-190.00173.69N/AN/A00122
2021-03-23$16.59$15.0031.5%9.0%18.1%14.5%0.0%0.2%1.5%-72319-130.00135.48N/AN/A010122
2021-03-24$16.60$15.0018.3%5.2%17.8%7.7%0.0%7.5%3.8%-7403.6K-350.00142.86N/AN/A00132
2021-03-25$16.66$15.0041.1%11.8%16.0%19.4%0.0%-24.0%-21.4%-4024.5K-410.00159.37N/AN/A00132
2021-03-26$16.75$15.0029.5%8.5%14.3%13.4%0.0%-28.7%-29.3%-7195.8K-460.00133.36N/AN/A00132
2021-03-29$16.76$15.0029.5%8.4%13.7%13.4%0.0%-4.3%-5.0%-4233.7K-370.00149.40N/AN/A00132
2021-03-30$16.70$15.0011.9%3.4%13.7%4.5%14.4%18.1%19.8%-4584.7K-410.00125.34N/AN/A010132
2021-03-31$16.70$17.0010.7%3.1%13.7%3.9%0.0%4.7%9.6%-2.3K16.6K-530.00149.57N/AN/A00142