PID Options History — May 2023

In May 2023, PID traded between $17.46 and $18.34. ATM implied volatility averaged 58.2%, placing in the 18.4% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 45.4% (HV 20d: 12.9%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days.

Notable Days

  • 2023-05-10: Largest IV spike — 244.5% change
  • 2023-05-01: Highest IV Rank — 34.3%
  • 2023-05-01: Largest Expected Move — 28.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.00$17.46$18.34$18.19$17.46
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV58.2%12.0%98.2%98.2%25.5%
Expected Move16.2%6.9%28.1%28.1%7.3%
HV 20d12.9%9.8%13.8%9.8%13.1%
HV 60d12.7%11.8%13.3%11.8%13.1%
IV Rank18.4%0.0%34.3%34.3%5.4%
IV Percentile46.3%0.0%85.7%85.7%7.1%
Term Structure-5.7%-41.3%39.5%-13.8%10.5%
Skew 25d39.4%-46.0%142.5%-32.9%95.6%
Skew 10d17.0%-47.9%187.7%-27.4%-42.7%
Call IV 25d40.3%17.9%69.5%48.2%53.2%
Put IV 25d79.7%9.5%207.9%15.3%148.7%
Bid-Ask Spread %134.44113.17168.33153.74117.11
Gamma HHI0.420.340.500.480.34
Net GEX328118476210118
Net DEX-4.1K-5.8K-1.6K-5.8K-1.6K
Net VEX-24-31-13-31-13
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI88888

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$18.19$0.0098.2%28.1%9.8%34.3%0.0%-32.9%-13.8%210-5.8K-310.00153.74N/AN/A0071
2023-05-02$17.95$0.0088.7%25.4%10.6%30.5%0.0%142.5%-4.0%400-5.3K-310.00168.33N/AN/A0071
2023-05-03$18.01$0.0097.7%28.0%10.7%34.1%0.0%-46.0%-30.4%347-4.4K-270.00141.83N/AN/A0071
2023-05-04$17.89$18.0094.6%19.6%10.9%32.8%0.0%68.5%-23.9%250-3.0K-230.00134.39N/AN/A0071
2023-05-05$18.30$18.0031.2%12.1%13.5%7.6%0.0%12.4%-1.7%388-5.0K-280.00135.91N/AN/A0071
2023-05-08$18.30$18.0088.8%14.0%13.5%30.5%0.0%60.5%-16.2%264-5.2K-290.00132.66N/AN/A0071
2023-05-09$18.34$18.0012.0%8.8%13.1%0.0%0.0%23.8%0.8%384-4.6K-260.00132.94N/AN/A0071
2023-05-10$18.34$18.0041.3%11.9%13.1%11.7%0.0%-15.8%-16.8%476-4.3K-250.00132.84N/AN/A0071
2023-05-11$18.16$18.0079.5%22.8%12.8%26.9%0.0%38.7%-41.3%273-4.3K-270.00134.71N/AN/A0071
2023-05-12$18.13$18.0026.4%7.6%12.7%5.7%0.0%-3.7%26.2%433-4.4K-250.00120.62N/AN/A0071
2023-05-15$18.30$18.0037.0%10.6%13.2%9.9%0.0%-19.2%-8.1%385-4.7K-270.00139.05N/AN/A0071
2023-05-16$18.09$18.0057.6%16.5%13.8%18.1%0.0%64.4%-20.1%419-4.7K-280.00132.22N/AN/A0071
2023-05-17$18.09$18.0024.0%6.9%13.7%4.8%0.0%-4.8%0.9%322-4.0K-190.00113.17N/AN/A0071
2023-05-18$18.01$18.0067.2%19.3%13.7%22.0%0.0%54.8%1.5%381-2.9K-160.00132.49N/AN/A0071
2023-05-19$18.04$18.0035.0%10.0%13.7%9.2%0.0%16.1%3.8%463-5.6K-280.00132.33N/AN/A0071
2023-05-22$18.05$18.0054.2%15.5%13.7%16.8%0.0%1.2%1.2%391-3.8K-230.00143.40N/AN/A0071
2023-05-23$17.94$18.0059.0%16.9%13.3%18.7%0.0%24.4%-24.9%291-3.3K-220.00135.72N/AN/A0071
2023-05-24$17.70$18.0077.6%22.2%13.8%26.1%0.0%68.6%3.2%313-2.8K-220.00140.17N/AN/A0071
2023-05-25$17.52$18.0040.2%11.5%13.5%11.2%0.0%101.6%7.6%289-2.9K-220.00122.91N/AN/A0071
2023-05-26$17.64$18.0066.3%19.0%13.7%21.6%0.0%118.5%-20.3%223-3.7K-230.00128.59N/AN/A0071
2023-05-30$17.55$18.0079.4%22.8%13.7%26.8%0.0%97.2%39.5%193-3.0K-200.00132.60N/AN/A0071
2023-05-31$17.46$18.0025.5%7.3%13.1%5.4%0.0%95.6%10.5%118-1.6K-130.00117.11N/AN/A0071