PID Options History — March 2024

In March 2024, PID traded between $18.16 and $18.71. ATM implied volatility averaged 33.3%, placing in the 11.0% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 20.1% (HV 20d: 13.1%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-03-04: Highest Volume — 2 contracts
  • 2024-03-12: Largest IV spike — 154.1% change
  • 2024-03-12: Highest IV Rank — 39.7%
  • 2024-03-25: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.42$18.16$18.71$18.29$18.54
Max Pain$17.89$17.00$18.00$17.00$18.00
ATM IV33.3%14.9%102.3%27.5%27.5%
Expected Move8.9%4.3%11.9%7.9%7.9%
HV 20d13.1%10.6%16.2%16.2%11.3%
HV 60d13.0%12.6%13.9%13.5%12.7%
IV Rank11.0%3.2%39.7%8.4%8.7%
IV Percentile26.9%7.9%86.1%21.8%25.0%
Term Structure-7.0%-22.5%8.6%-14.1%-21.9%
VWIV24.0%24.0%24.0%24.0%24.0%
Skew 25d3.0%-15.2%24.3%-10.0%-11.9%
Skew 10d10.0%-8.2%21.0%7.7%6.5%
Call IV 25d37.4%13.6%55.2%55.2%40.8%
Put IV 25d40.4%15.4%55.7%45.1%28.9%
Bid-Ask Spread %171.40151.29179.81151.29161.17
Gamma HHI0.930.861.000.881.00
Net GEX1.4K3783.0K2.4K731
Net DEX-28.2K-54.4K-10.6K-37.5K-12.2K
Net VEX-52-78-38-78-38
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.150200
Total OI26.1512373713

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$18.29$17.0027.5%7.9%16.2%8.4%0.0%-10.0%-14.1%2.4K-37.5K-780.00151.29N/AN/A00352
2024-03-04$18.24$0.0020.5%9.5%15.5%5.4%0.0%3.4%-22.5%3.0K-37.3K-730.00179.43N/AN/A20352
2024-03-05$18.23$0.0021.5%9.6%14.8%5.9%0.0%5.3%-7.3%2.8K-36.8K-720.00179.81N/AN/A00352
2024-03-06$18.43$0.0035.3%10.0%15.1%11.7%0.0%5.5%-7.8%2.1K-38.9K-700.00179.74N/AN/A00352
2024-03-07$18.68$0.0047.0%9.6%15.7%16.5%0.0%4.8%-6.5%2.2K-43.2K-660.00178.67N/AN/A00352
2024-03-08$18.71$0.0019.6%9.6%15.3%5.1%0.0%5.0%-6.4%2.9K-48.1K-600.00174.65N/AN/A00352
2024-03-11$18.68$0.0040.3%10.2%15.3%13.7%0.0%5.4%-7.5%2.4K-43.8K-580.00174.76N/AN/A00352
2024-03-12$18.63$0.00102.3%10.1%15.2%39.7%0.0%4.7%-7.6%1.7K-40.3K-570.00174.68N/AN/A00352
2024-03-13$18.68$0.0036.2%10.4%11.2%12.0%0.0%3.5%-8.2%1.6K-40.6K-530.00174.46N/AN/A00352
2024-03-14$18.43$0.0036.2%10.4%11.9%12.0%0.0%7.5%-6.5%1.4K-37.3K-510.00174.34N/AN/A00352
2024-03-15$18.41$0.0036.7%10.5%10.6%12.7%0.0%6.1%-6.8%408-54.4K-410.00174.21N/AN/A00352
2024-03-18$18.20$0.0021.4%6.1%11.3%6.0%24.0%14.2%8.6%574-12.4K-390.00168.05N/AN/A01111
2024-03-19$18.16$18.0018.0%5.2%11.3%4.6%0.0%3.3%5.9%601-10.8K-420.00159.31N/AN/A00112
2024-03-20$18.38$18.0016.2%4.6%12.1%3.8%0.0%-12.4%-3.3%888-11.8K-410.00172.67N/AN/A00112
2024-03-21$18.43$18.0040.1%11.5%12.0%14.2%0.0%2.5%-9.3%408-11.8K-410.00173.76N/AN/A00112
2024-03-22$18.29$18.0036.6%10.5%12.3%12.6%0.0%-15.2%-9.5%886-12.2K-390.00164.71N/AN/A00112
2024-03-25$18.30$18.0041.4%11.9%11.8%14.7%0.0%5.9%-9.8%378-11.2K-410.00173.66N/AN/A00112
2024-03-26$18.30$18.0014.9%4.3%11.8%3.2%0.0%24.3%0.1%661-10.6K-400.00171.35N/AN/A00112
2024-03-27$18.41$18.0026.2%7.5%11.4%8.1%0.0%9.3%0.3%757-12.4K-380.00167.25N/AN/A00112
2024-03-28$18.54$18.0027.5%7.9%11.3%8.7%0.0%-11.9%-21.9%731-12.2K-380.00161.17N/AN/A00112