PID Options History — February 2023

In February 2023, PID traded between $17.39 and $18.07. ATM implied volatility averaged 81.3%, placing in the 27.5% IV rank vs the trailing year. The 30-day expected move averaged 20.1%. IV traded above realized volatility by 71.9% (HV 20d: 9.3%). Max pain ranged from $16.00 to $16.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days.

Notable Days

  • 2023-02-03: Highest Volume — 1 contracts
  • 2023-02-08: Largest IV drop — 58.1% change
  • 2023-02-07: Highest IV Rank — 43.9%
  • 2023-02-28: Largest Expected Move — 29.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.73$17.39$18.07$18.07$17.39
Max Pain$16.00$16.00$16.00$16.00$16.00
ATM IV81.3%46.7%122.4%101.1%103.8%
Expected Move20.1%10.6%29.8%29.0%29.8%
HV 20d9.3%8.2%12.0%11.8%9.3%
HV 60d14.2%13.1%16.6%16.6%13.1%
IV Rank27.5%13.8%43.9%35.4%36.5%
IV Percentile81.5%54.4%96.0%92.1%91.7%
Term Structure2.0%-37.8%60.5%-24.9%-20.2%
Skew 25d45.2%-41.7%142.2%141.6%142.2%
Skew 10d57.1%-38.7%200.2%200.2%97.3%
Call IV 25d43.8%24.7%73.1%73.1%69.1%
Put IV 25d89.0%15.1%214.6%214.6%211.3%
Bid-Ask Spread %146.60126.34157.44157.17145.55
Gamma HHI0.420.270.650.510.40
Net GEX298102575175255
Net DEX-16.0K-20.0K-12.5K-20.0K-12.8K
Net VEX-24-36-9-9-29
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0530100
Total OI15.84215161516

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$18.07$0.00101.1%29.0%11.8%35.4%0.0%141.6%-24.9%175-20.0K-90.00157.17N/AN/A00132
2023-02-02$17.91$16.0081.2%18.2%11.9%27.5%0.0%78.1%-10.6%447-16.9K-290.00150.04N/AN/A00132
2023-02-03$17.77$16.00107.0%10.6%12.0%37.8%0.0%83.8%5.8%143-19.5K-90.00149.72N/AN/A01132
2023-02-06$17.68$16.00112.4%13.4%9.1%39.9%0.0%85.4%-5.1%102-18.5K-140.00150.54N/AN/A00133
2023-02-07$17.77$16.00122.4%18.8%9.2%43.9%0.0%67.9%-37.8%575-19.0K-150.00156.75N/AN/A00133
2023-02-08$17.77$16.0051.3%14.7%9.2%15.6%0.0%66.3%5.5%266-18.8K-180.00152.73N/AN/A00133
2023-02-09$17.63$16.0063.7%18.3%9.0%20.5%0.0%83.0%14.6%386-17.6K-220.00152.31N/AN/A00133
2023-02-10$17.73$16.0046.7%13.4%8.7%13.8%0.0%93.9%6.8%307-13.5K-360.00157.44N/AN/A00133
2023-02-13$17.88$16.0065.3%18.7%9.1%21.2%0.0%9.7%4.0%123-19.3K-140.00126.34N/AN/A00133
2023-02-14$17.91$16.0060.5%17.3%8.8%19.2%0.0%21.8%5.5%232-15.3K-300.00133.55N/AN/A00133
2023-02-15$17.87$16.0066.9%19.2%8.3%21.8%0.0%114.3%12.7%300-13.5K-330.00145.16N/AN/A00133
2023-02-16$17.79$16.0073.7%21.1%8.5%24.5%0.0%-30.2%50.7%349-13.8K-330.00153.97N/AN/A00133
2023-02-17$17.80$16.0052.9%15.2%8.2%16.2%0.0%32.2%60.5%201-18.7K-150.00152.29N/AN/A00133
2023-02-21$17.70$16.0077.8%22.3%8.3%26.2%0.0%10.1%5.1%263-13.9K-320.00149.25N/AN/A00133
2023-02-22$17.59$16.0087.4%25.1%8.6%30.0%0.0%-41.7%-23.0%330-14.0K-310.00136.47N/AN/A00133
2023-02-23$17.63$16.0087.2%25.0%8.6%29.9%0.0%-32.4%4.0%401-13.6K-290.00132.58N/AN/A00133
2023-02-24$17.45$16.0090.7%26.0%9.1%31.3%0.0%-32.9%-11.4%441-12.5K-260.00142.90N/AN/A00133
2023-02-27$17.52$16.0091.8%26.3%9.2%31.7%0.0%-33.4%-3.5%374-13.4K-280.00140.59N/AN/A00133
2023-02-28$17.39$16.00103.8%29.8%9.3%36.5%0.0%142.2%-20.2%255-12.8K-290.00145.55N/AN/A00133