PID Options History — March 2023

In March 2023, PID traded between $16.89 and $17.77. ATM implied volatility averaged 105.5%, placing in the 37.2% IV rank vs the trailing year. The 30-day expected move averaged 21.9%. IV traded above realized volatility by 92.6% (HV 20d: 12.9%). Max pain ranged from $16.00 to $16.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 9 of 23 days.

Notable Days

  • 2023-03-15: Largest IV drop — 70.0% change
  • 2023-03-14: Highest IV Rank — 93.3%
  • 2023-03-02: Largest Expected Move — 33.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.28$16.89$17.77$17.38$17.77
Max Pain$16.00$16.00$16.00$16.00$16.00
ATM IV105.5%61.6%246.4%106.3%81.2%
Expected Move21.9%12.4%33.2%30.5%23.3%
HV 20d12.9%8.8%15.8%8.8%15.2%
HV 60d13.2%12.6%13.9%13.1%12.6%
IV Rank37.2%19.7%93.3%37.5%27.5%
IV Percentile83.0%63.9%99.6%92.1%77.0%
Term Structure-1.7%-25.3%43.7%-17.9%-4.2%
Skew 25d26.5%-39.8%114.7%-29.9%-33.5%
Skew 10d26.3%-59.7%168.3%94.0%-44.8%
Call IV 25d48.9%28.2%68.3%47.0%47.5%
Put IV 25d75.4%13.4%182.0%17.1%14.0%
Bid-Ask Spread %151.49130.48172.81134.65144.83
Gamma HHI0.520.410.650.490.65
Net GEX176646535899
Net DEX-8.0K-17.4K135-13.4K-887
Net VEX-16-27-9-27-10
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI10.348316163

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$17.38$16.00106.3%30.5%8.8%37.5%0.0%-29.9%-17.9%358-13.4K-270.00134.65N/AN/A00133
2023-03-02$17.48$16.00115.7%33.2%9.0%41.3%0.0%-35.6%-14.7%367-14.1K-270.00130.48N/AN/A00133
2023-03-03$17.70$16.0087.9%25.2%9.9%30.2%0.0%97.4%13.5%364-15.1K-250.00142.67N/AN/A00133
2023-03-06$17.69$0.0091.7%12.4%9.5%31.7%0.0%45.4%-9.9%391-15.9K-220.00146.08N/AN/A00133
2023-03-07$17.43$0.00119.0%19.1%10.7%42.5%0.0%-29.8%0.2%465-13.4K-240.00149.97N/AN/A00133
2023-03-08$17.49$0.00138.8%18.8%10.6%50.4%0.0%-24.8%-0.9%283-13.2K-240.00141.12N/AN/A00133
2023-03-09$17.27$0.00154.8%20.1%11.4%56.8%0.0%-1.3%-5.5%258-12.3K-240.00157.04N/AN/A00133
2023-03-10$17.02$0.00166.9%20.5%12.2%61.6%0.0%89.1%-8.2%252-11.5K-230.00168.72N/AN/A00133
2023-03-13$17.12$0.00222.8%22.0%12.2%83.9%0.0%85.6%-25.3%247-11.6K-200.00163.64N/AN/A00133
2023-03-14$17.20$0.00246.4%21.9%11.8%93.3%0.0%97.9%-17.1%262-12.0K-190.00172.81N/AN/A00133
2023-03-15$16.89$0.0073.9%21.2%13.1%24.6%0.0%73.5%-21.1%259-11.1K-170.00161.20N/AN/A00133
2023-03-16$17.11$0.0061.6%17.7%14.2%19.7%0.0%5.3%43.7%27-17.4K-100.00162.08N/AN/A00133
2023-03-17$16.98$0.0065.2%18.7%14.3%21.1%0.0%-8.8%-20.1%36-17.2K-100.00151.06N/AN/A00133
2023-03-20$17.01$0.0078.3%22.5%14.4%26.4%0.0%112.4%-5.0%98-65-100.00147.76N/AN/A0021
2023-03-21$17.12$0.0069.4%19.9%14.6%22.8%0.0%-22.2%17.2%38-975-110.00140.55N/AN/A0021
2023-03-22$17.05$0.0081.7%23.4%14.6%27.7%0.0%63.6%-1.3%27-721-110.00164.23N/AN/A0021
2023-03-23$16.95$0.0081.8%23.5%14.6%27.8%0.0%-23.3%6.2%39135-90.00151.32N/AN/A0021
2023-03-24$17.02$0.0080.6%23.1%14.4%27.3%0.0%111.6%12.2%6-671-100.00159.01N/AN/A0021
2023-03-27$17.24$0.0073.4%21.0%15.1%24.4%0.0%-39.8%10.7%40-425-100.00152.54N/AN/A0021
2023-03-28$17.34$0.0086.1%24.7%15.1%29.5%0.0%114.7%3.4%27-396-100.00163.01N/AN/A0021
2023-03-29$17.51$0.0064.9%18.6%15.5%21.0%0.0%-39.2%-3.1%62-432-100.00144.97N/AN/A0021
2023-03-30$17.69$0.0078.5%22.5%15.8%26.4%0.0%1.5%7.5%44-607-100.00134.60N/AN/A0021
2023-03-31$17.77$0.0081.2%23.3%15.2%27.5%0.0%-33.5%-4.2%99-887-100.00144.83N/AN/A0021