PID Options History — May 2021

In May 2021, PID traded between $17.23 and $18.20. ATM implied volatility averaged 24.1%, placing in the 10.7% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 12.9% (HV 20d: 11.2%). Max pain ranged from $15.00 to $17.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 8 of 20 days.

Notable Days

  • 2021-05-21: Highest Volume — 25 contracts
  • 2021-05-19: Largest IV spike — 190.1% change
  • 2021-05-28: Highest IV Rank — 20.5%
  • 2021-05-28: Largest Expected Move — 12.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.77$17.23$18.20$17.37$18.20
Max Pain$15.30$15.00$17.00$17.00$15.00
ATM IV24.1%10.8%43.3%15.6%43.3%
Expected Move6.7%2.6%12.4%4.5%12.4%
HV 20d11.2%7.6%12.9%7.6%12.7%
HV 60d12.4%11.4%13.3%12.1%11.4%
IV Rank10.7%3.9%20.5%6.3%20.5%
IV Percentile21.3%2.8%59.1%6.7%59.1%
Term Structure-1.0%-23.1%34.6%-2.9%-12.1%
VWIV63.3%63.3%63.3%63.3%63.3%
Skew 25d-4.6%-26.8%13.3%-19.5%8.4%
Skew 10d-10.3%-50.8%13.4%-27.8%3.7%
Call IV 25d30.0%10.1%56.3%32.3%44.6%
Put IV 25d25.4%12.7%53.0%12.7%53.0%
Bid-Ask Spread %135.63101.81151.90151.90148.83
Gamma HHI0.450.280.800.500.34
Net GEX18-1.3K843723-112
Net DEX-6.5K-13.9K7.9K-10.5K-2.9K
Net VEX-34-90-13-42-17
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1.7502500
Total OI3934503950

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$17.37$17.0015.6%4.5%7.6%6.3%0.0%-19.5%-2.9%723-10.5K-420.00151.90N/AN/A001326
2021-05-04$17.23$17.0017.5%5.0%8.3%7.3%0.0%-25.7%-2.7%793-10.2K-400.00149.68N/AN/A001326
2021-05-05$17.40$17.0020.1%5.8%8.9%8.6%0.0%-26.8%3.6%836-12.1K-360.00145.38N/AN/A001326
2021-05-06$17.51$15.0024.9%3.6%8.8%11.1%0.0%-8.9%4.2%843-13.9K-350.00136.59N/AN/A001326
2021-05-07$17.70$15.0041.9%9.3%9.4%19.8%0.0%2.3%-3.3%-167-5.5K-360.00132.58N/AN/A00826
2021-05-10$17.82$15.0012.7%2.6%9.5%4.9%0.0%5.4%10.4%185-10.7K-190.00132.42N/AN/A00826
2021-05-11$17.61$15.0013.2%7.6%10.7%5.1%0.0%-13.5%34.6%214-8.6K-270.00138.55N/AN/A00826
2021-05-12$17.48$15.0035.4%10.2%11.2%16.5%0.0%-15.8%-23.1%-60-4.6K-360.00138.47N/AN/A00826
2021-05-13$17.59$15.0019.4%5.6%11.3%8.3%0.0%11.9%-1.2%47-6.2K-320.00101.81N/AN/A00826
2021-05-14$17.90$15.0018.3%5.2%12.6%7.7%0.0%-12.5%-3.9%238-9.4K-220.00134.67N/AN/A00826
2021-05-17$17.94$15.0016.4%4.7%12.2%6.7%0.0%-10.9%9.2%181-9.4K-200.00129.81N/AN/A00826
2021-05-18$17.97$15.0011.8%3.4%11.3%4.4%0.0%-8.3%2.2%-43-12.0K-150.00126.22N/AN/A00826
2021-05-19$17.76$15.0034.1%9.8%12.2%15.8%0.0%11.6%-8.4%-87-5.9K-280.00134.75N/AN/A00826
2021-05-20$17.97$15.0014.8%4.2%12.5%5.9%0.0%-1.4%9.7%147-9.6K-180.00121.50N/AN/A00826
2021-05-21$17.93$15.0023.8%6.8%12.6%10.6%0.0%8.4%-2.9%-10-11.5K-170.00135.90N/AN/A025826
2021-05-24$18.02$15.0010.8%3.1%12.7%3.9%0.0%3.1%6.9%24-3.1K-130.00121.79N/AN/A00347
2021-05-25$17.93$15.0030.6%8.8%12.9%14.0%0.0%-11.6%-8.6%-1.2K6.9K-870.00149.63N/AN/A00347
2021-05-26$18.01$15.0040.1%11.5%12.9%18.8%0.0%-1.3%-13.7%-8927.9K-900.00146.60N/AN/A00347
2021-05-27$18.11$15.0037.4%10.7%12.9%17.5%63.3%13.3%-18.5%-1.3K2.2K-560.00135.41N/AN/A010347
2021-05-28$18.20$15.0043.3%12.4%12.7%20.5%0.0%8.4%-12.1%-112-2.9K-170.00148.83N/AN/A00347