PID Options History — April 2024

In April 2024, PID traded between $17.36 and $18.43. ATM implied volatility averaged 26.0%, placing in the 8.0% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 13.9% (HV 20d: 12.1%). 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 5 of 22 days.

Notable Days

  • 2024-04-12: Highest Volume — 1 contracts
  • 2024-04-29: Largest IV spike — 153.0% change
  • 2024-04-18: Highest IV Rank — 15.7%
  • 2024-04-18: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.95$17.36$18.43$18.43$17.81
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV26.0%13.2%43.6%30.2%20.9%
Expected Move7.3%3.8%12.5%8.7%6.0%
HV 20d12.1%9.7%13.7%11.4%13.4%
HV 60d13.2%12.5%13.9%12.7%13.4%
IV Rank8.0%2.5%15.7%9.9%5.9%
IV Percentile25.0%4.4%45.2%29.0%20.2%
Term Structure-6.8%-32.2%13.9%-32.2%-10.2%
Skew 25d4.3%-15.1%28.5%7.5%-6.3%
Skew 10d0.4%-23.4%17.7%17.7%15.9%
Call IV 25d23.1%11.4%49.6%49.6%25.6%
Put IV 25d27.4%13.5%57.1%57.1%19.2%
Bid-Ask Spread %162.45148.88175.21168.53166.71
Gamma HHI1.000.961.001.001.00
Net GEX9054321.5K7361.2K
Net DEX-9.3K-13.9K-4.2K-11.7K-7.7K
Net VEX-35-38-31-38-33
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0450100
Total OI13.09113141313

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$18.43$18.0030.2%8.7%11.4%9.9%0.0%7.5%-32.2%736-11.7K-380.00168.53N/AN/A00112
2024-04-02$18.30$18.0014.5%4.2%11.6%3.1%0.0%23.6%-0.7%759-11.4K-380.00175.21N/AN/A00112
2024-04-03$18.31$18.0017.5%5.0%11.6%4.4%0.0%20.0%-5.7%858-12.7K-350.00167.01N/AN/A00112
2024-04-04$18.23$0.0021.8%6.3%11.0%6.2%0.0%-0.9%-2.4%844-13.9K-320.00148.88N/AN/A00112
2024-04-05$18.23$0.0033.3%6.6%9.7%11.2%0.0%-0.8%-8.8%942-11.0K-370.00161.64N/AN/A00112
2024-04-08$18.32$0.0018.9%5.3%9.9%5.0%0.0%3.3%7.7%614-11.9K-360.00160.94N/AN/A00112
2024-04-09$18.37$0.0021.8%5.2%10.0%6.2%0.0%-15.1%-4.8%886-11.9K-350.00159.08N/AN/A00112
2024-04-10$18.04$0.0018.0%5.1%11.7%4.6%0.0%8.6%-0.3%784-9.6K-360.00154.58N/AN/A00112
2024-04-11$18.05$0.0024.4%7.0%11.6%7.3%0.0%-4.8%-13.3%1.1K-10.8K-350.00162.21N/AN/A00112
2024-04-12$17.73$0.0023.2%6.7%12.3%6.8%0.0%-1.5%-10.3%839-7.6K-350.00157.54N/AN/A01112
2024-04-15$17.51$0.0024.1%6.9%12.9%7.2%0.0%6.3%-11.0%950-5.9K-380.00161.96N/AN/A00113
2024-04-16$17.36$0.0023.9%6.8%12.6%7.1%0.0%5.0%-1.9%809-5.4K-360.00167.97N/AN/A00113
2024-04-17$17.41$0.0026.8%7.7%12.8%8.4%0.0%7.6%2.0%1.0K-4.2K-310.00157.62N/AN/A00112
2024-04-18$17.46$0.0043.6%12.5%11.8%15.7%0.0%28.5%-10.5%432-8.3K-370.00165.91N/AN/A00112
2024-04-19$17.63$0.0039.3%11.3%12.5%13.8%0.0%17.3%-7.8%460-8.8K-370.00168.85N/AN/A00112
2024-04-22$17.77$0.0030.2%8.7%12.8%9.9%0.0%-1.7%-15.4%1.1K-7.3K-350.00157.33N/AN/A00112
2024-04-23$17.99$0.0039.0%11.2%13.7%13.7%0.0%-6.6%13.9%604-10.1K-360.00168.58N/AN/A00112
2024-04-24$17.93$0.0013.2%3.8%13.7%2.5%0.0%-2.1%1.3%1.3K-8.3K-350.00159.79N/AN/A00112
2024-04-25$17.95$0.0028.0%8.0%13.5%8.9%0.0%10.3%-20.3%1.5K-10.3K-350.00152.78N/AN/A00112
2024-04-26$17.96$0.0016.8%4.8%13.1%4.0%0.0%-1.0%3.2%1.1K-7.9K-340.00165.34N/AN/A00112
2024-04-29$18.01$0.0042.4%12.2%13.1%15.2%0.0%-3.2%-21.9%1.1K-8.4K-330.00165.46N/AN/A00112
2024-04-30$17.81$0.0020.9%6.0%13.4%5.9%0.0%-6.3%-10.2%1.2K-7.7K-330.00166.71N/AN/A00112