PID Options History — March 2022

In March 2022, PID traded between $18.60 and $19.75. ATM implied volatility averaged 39.2%, placing in the 40.6% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 22.9% (HV 20d: 16.3%). Max pain ranged from $15.00 to $17.00. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 1.97.

Notable Days

2022-03-09: Highest Volume — 46 contracts
2022-03-22: Largest IV spike — 72.1% change
2022-03-07: Highest IV Rank — 61.7%
2022-03-08: Largest Expected Move — 21.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.18	$18.60	$19.75	$18.60	$19.68
Max Pain	$15.50	$15.00	$17.00	$15.00	$17.00
ATM IV	39.2%	24.0%	55.5%	39.2%	42.6%
Expected Move	11.5%	6.3%	21.0%	11.2%	7.4%
HV 20d	16.3%	13.4%	18.5%	13.7%	13.4%
HV 60d	14.0%	13.6%	14.6%	13.8%	13.9%
IV Rank	40.6%	21.0%	61.7%	40.6%	44.9%
IV Percentile	72.3%	32.9%	96.4%	76.6%	81.3%
Term Structure	-5.3%	-21.1%	23.5%	-13.0%	-21.1%
VWIV	57.1%	38.3%	84.1%	45.0%	50.1%
Skew 25d	9.6%	-4.8%	39.6%	4.7%	7.9%
Skew 10d	11.5%	-15.5%	47.0%	11.7%	3.7%
Call IV 25d	33.3%	9.5%	56.8%	43.8%	21.2%
Put IV 25d	42.9%	25.4%	59.9%	48.5%	29.1%
Bid-Ask Spread %	136.18	103.11	154.59	133.51	115.85
Gamma HHI	0.42	0.34	0.56	0.39	0.34
Net GEX	1.7K	-153	4.0K	2.7K	137
Net DEX	-18.4K	-38.3K	-666	-25.3K	-3.9K
Net VEX	-71	-118	-29	-105	-39
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.97	1.56	3.50	1.65	3.50
Total Volume	36.304	21	46	45	27
Total OI	46.348	20	64	64	22

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-03-01	$18.60	$15.00	39.2%	11.2%	13.7%	40.6%	45.0%	4.7%	-13.0%	2.7K	-25.3K	-105	1.65	133.51	N/A	N/A	17	28	46	18
2022-03-02	$19.02	$15.00	39.1%	11.2%	15.7%	40.5%	43.0%	6.5%	-1.3%	3.4K	-28.4K	-114	1.65	134.49	N/A	N/A	17	28	46	18
2022-03-03	$18.88	$15.00	53.4%	15.3%	15.6%	59.0%	67.2%	-2.1%	-12.3%	1.8K	-32.4K	-116	1.65	146.53	N/A	N/A	17	28	46	18
2022-03-04	$18.86	$15.00	41.8%	12.0%	15.3%	44.0%	45.8%	15.7%	16.7%	2.9K	-27.3K	-118	1.65	126.74	N/A	N/A	17	28	46	18
2022-03-07	$18.64	$15.00	55.5%	15.9%	15.9%	61.7%	75.2%	21.5%	-9.2%	2.3K	-29.4K	-103	1.65	149.56	N/A	N/A	17	28	46	18
2022-03-08	$18.67	$15.00	36.2%	21.0%	15.8%	36.7%	84.1%	3.7%	7.0%	2.0K	-28.2K	-107	1.65	145.09	N/A	N/A	17	28	44	18
2022-03-09	$19.03	$15.00	36.9%	16.8%	17.3%	37.6%	57.0%	15.5%	-5.8%	3.0K	-28.2K	-93	1.56	144.65	N/A	N/A	18	28	44	18
2022-03-10	$18.98	$15.00	36.6%	18.4%	17.0%	37.3%	72.7%	12.3%	-11.0%	2.9K	-31.7K	-99	1.56	145.31	N/A	N/A	18	28	45	18
2022-03-11	$18.98	$15.00	36.7%	15.4%	16.7%	37.4%	64.4%	3.2%	-9.4%	3.6K	-28.8K	-89	1.56	151.21	N/A	N/A	18	28	45	18
2022-03-14	$18.75	$17.00	38.7%	9.1%	17.3%	40.0%	38.3%	9.9%	-6.4%	4.0K	-18.1K	-74	1.56	135.95	N/A	N/A	18	28	45	18
2022-03-15	$18.81	$17.00	40.1%	10.7%	17.2%	41.8%	42.0%	39.6%	5.0%	3.1K	-28.8K	-79	1.56	103.11	N/A	N/A	18	28	45	18
2022-03-16	$19.03	$17.00	51.6%	11.5%	17.6%	56.6%	50.1%	4.6%	-14.9%	2.8K	-30.6K	-79	1.56	152.14	N/A	N/A	18	28	45	18
2022-03-17	$19.38	$0.00	41.8%	17.3%	18.5%	43.9%	0.0%	1.9%	23.5%	3.5K	-38.3K	-56	1.56	154.59	N/A	N/A	18	28	45	18
2022-03-18	$19.43	$0.00	29.4%	6.3%	18.2%	27.9%	0.0%	13.9%	-11.4%	-136	-21.5K	-47	1.56	144.33	N/A	N/A	18	28	36	18
2022-03-21	$19.39	$0.00	24.0%	7.4%	18.0%	21.0%	0.0%	-4.8%	3.7%	-89	-666	-40	2.50	111.72	N/A	N/A	6	15	4	16
2022-03-22	$19.49	$0.00	41.4%	6.5%	17.8%	43.4%	0.0%	17.9%	-16.4%	-153	-941	-41	2.50	124.25	N/A	N/A	6	15	4	16
2022-03-23	$19.42	$0.00	27.9%	7.7%	17.9%	25.9%	0.0%	15.9%	-7.9%	-49	-1.7K	-41	2.50	113.48	N/A	N/A	6	15	4	16
2022-03-24	$19.45	$0.00	34.0%	8.3%	16.9%	33.8%	0.0%	3.7%	-5.3%	-81	-1.8K	-33	1.88	128.03	N/A	N/A	8	15	4	16
2022-03-25	$19.64	$0.00	32.2%	9.9%	15.4%	31.5%	0.0%	1.0%	-5.2%	180	-4.6K	-32	2.50	150.49	N/A	N/A	6	15	6	16
2022-03-28	$19.54	$0.00	43.8%	7.9%	15.6%	46.5%	0.0%	26.5%	-8.5%	33	-3.4K	-47	2.50	138.61	N/A	N/A	6	15	6	16
2022-03-29	$19.75	$0.00	34.5%	7.8%	15.5%	34.5%	0.0%	3.2%	-5.2%	260	-4.4K	-29	2.50	139.06	N/A	N/A	6	15	6	16
2022-03-30	$19.73	$0.00	44.2%	9.6%	13.7%	47.1%	0.0%	-2.2%	-13.0%	58	-3.9K	-42	2.50	143.49	N/A	N/A	6	15	6	16
2022-03-31	$19.68	$0.00	42.6%	7.4%	13.4%	44.9%	0.0%	7.9%	-21.1%	137	-3.9K	-39	3.50	115.85	N/A	N/A	6	21	6	16