PID Options History — January 2025

In January 2025, PID traded between $18.26 and $19.06. ATM implied volatility averaged 49.8%, placing in the 43.6% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 36.5% (HV 20d: 13.2%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2025-01-21: Highest Volume — 4 contracts
2025-01-15: Largest IV drop — 60.9% change
2025-01-14: Highest IV Rank — 92.0%
2025-01-02: Largest Expected Move — 15.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.63	$18.26	$19.06	$18.39	$18.97
Max Pain	$19.00	$19.00	$19.00	$19.00	$19.00
ATM IV	49.8%	32.5%	94.9%	52.4%	35.1%
Expected Move	11.0%	9.2%	15.0%	15.0%	10.1%
HV 20d	13.2%	9.2%	20.4%	20.4%	9.7%
HV 60d	15.9%	15.7%	16.1%	15.8%	15.8%
IV Rank	43.6%	24.9%	92.0%	46.9%	27.8%
IV Percentile	79.6%	58.7%	99.6%	94.8%	61.5%
Term Structure	-7.3%	-25.7%	6.7%	-20.1%	4.1%
Skew 25d	4.6%	-2.5%	29.6%	29.6%	-1.8%
Skew 10d	6.9%	3.7%	28.2%	3.7%	5.7%
Call IV 25d	43.1%	30.9%	51.1%	30.9%	51.1%
Put IV 25d	47.6%	38.9%	64.9%	60.5%	49.3%
Bid-Ask Spread %	174.57	171.32	183.35	172.33	171.33
Gamma HHI	0.34	0.28	0.50	0.46	0.29
Net GEX	302	167	416	167	403
Net DEX	-11.8K	-16.3K	-6.0K	-6.0K	-16.0K
Net VEX	-43	-59	-28	-28	-55
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.35	0	4	0	0
Total OI	11.1	7	14	7	14

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2025-01-02	$18.39	$0.00	52.4%	15.0%	20.4%	46.9%	0.0%	29.6%	-20.1%	167	-6.0K	-28	172.33	N/A	N/A	0	6	1
2025-01-03	$18.45	$0.00	52.3%	15.0%	19.7%	46.8%	0.0%	24.1%	-22.9%	174	-6.2K	-28	175.44	N/A	N/A	1	6	1
2025-01-06	$18.57	$19.00	55.4%	10.7%	19.4%	50.1%	0.0%	14.0%	-13.5%	192	-7.7K	-32	177.79	N/A	N/A	0	7	1
2025-01-07	$18.63	$19.00	80.5%	12.3%	17.7%	76.5%	0.0%	7.2%	-4.0%	174	-7.7K	-32	183.35	N/A	N/A	2	7	1
2025-01-08	$18.55	$19.00	65.5%	9.2%	17.7%	60.5%	0.0%	1.0%	-3.2%	285	-10.9K	-36	175.00	N/A	N/A	0	9	1
2025-01-10	$18.28	$19.00	68.4%	9.8%	18.3%	63.5%	0.0%	-0.9%	-4.3%	251	-9.9K	-38	172.83	N/A	N/A	0	9	1
2025-01-13	$18.26	$19.00	83.9%	12.0%	14.1%	80.2%	0.0%	7.2%	-6.9%	272	-10.0K	-37	175.85	N/A	N/A	0	9	1
2025-01-14	$18.26	$19.00	94.9%	9.7%	13.9%	92.0%	0.0%	0.7%	-2.3%	250	-9.8K	-38	171.59	N/A	N/A	0	9	1
2025-01-15	$18.45	$19.00	37.1%	10.6%	13.0%	29.9%	0.0%	-0.1%	-7.7%	268	-10.5K	-36	174.51	N/A	N/A	0	9	1
2025-01-16	$18.41	$19.00	36.6%	10.5%	12.8%	29.3%	0.0%	-2.5%	-7.9%	255	-10.2K	-36	176.30	N/A	N/A	0	9	1
2025-01-17	$18.47	$19.00	36.4%	10.4%	12.7%	29.1%	0.0%	-1.0%	6.7%	278	-10.6K	-36	174.04	N/A	N/A	0	9	1
2025-01-21	$18.70	$19.00	32.5%	9.3%	9.2%	24.9%	0.0%	4.9%	5.8%	256	-11.0K	-34	180.89	N/A	N/A	4	9	1
2025-01-22	$18.66	$19.00	34.8%	10.0%	9.2%	27.4%	0.0%	0.1%	-6.1%	394	-14.9K	-59	172.28	N/A	N/A	0	13	1
2025-01-23	$18.77	$19.00	34.7%	10.0%	9.4%	27.3%	0.0%	0.2%	-5.9%	400	-15.3K	-58	171.87	N/A	N/A	0	13	1
2025-01-24	$18.90	$19.00	33.4%	9.6%	9.4%	26.0%	0.0%	1.0%	-6.7%	395	-15.7K	-58	173.84	N/A	N/A	0	13	1
2025-01-27	$19.00	$19.00	43.0%	12.3%	9.4%	36.2%	0.0%	3.4%	-25.7%	402	-16.2K	-56	171.32	N/A	N/A	0	13	1
2025-01-28	$18.96	$19.00	36.1%	10.3%	9.5%	28.8%	0.0%	5.4%	-9.4%	416	-16.2K	-55	174.53	N/A	N/A	0	13	1
2025-01-29	$18.94	$19.00	36.9%	10.6%	9.4%	29.7%	0.0%	-0.8%	-8.2%	402	-15.9K	-56	171.46	N/A	N/A	0	13	1
2025-01-30	$19.06	$19.00	45.7%	13.1%	9.4%	39.1%	0.0%	0.1%	-7.3%	396	-16.3K	-55	174.89	N/A	N/A	0	13	1
2025-01-31	$18.97	$19.00	35.1%	10.1%	9.7%	27.8%	0.0%	-1.8%	4.1%	403	-16.0K	-55	171.33	N/A	N/A	0	13	1