TBH Options History — February 2007

In February 2007, TBH traded between $27.28 and $30.29. ATM implied volatility averaged 61.9%. The 30-day expected move averaged 16.1%. IV traded above realized volatility by 39.0% (HV 20d: 22.9%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 8 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2007-02-15: Highest Volume — 10 contracts
  • 2007-02-27: Largest IV spike — 64.8% change
  • 2007-02-27: Largest Expected Move — 28.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.18$27.28$30.29$29.20$27.62
Max Pain$33.13$30.00$35.00$35.00$30.00
ATM IV61.9%48.7%100.3%65.7%72.5%
Expected Move16.1%13.3%28.8%18.8%20.8%
HV 20d22.9%17.3%37.8%25.7%37.4%
Term Structure-12.7%-40.8%-1.4%-19.4%-25.2%
VWIV59.8%56.9%62.7%62.7%56.9%
Skew 25d7.9%2.6%53.0%7.1%3.2%
Skew 10d15.8%11.0%40.1%20.2%22.9%
Call IV 25d63.1%52.4%81.1%80.2%81.1%
Put IV 25d71.0%56.4%133.2%87.3%84.3%
Bid-Ask Spread %136.55135.70140.32136.55140.32
Gamma HHI0.940.551.001.000.68
Net GEX252-481.2K-40917
Net DEX-1.1K-16.5K2.4K2.4K-9.1K
Net VEX-17-48-5-5-48
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.21101000
Total OI7.053124124

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-02-01$29.20$0.0065.7%18.8%25.7%0.0%0.0%7.1%-19.4%-402.4K-50.00136.55N/AN/A0001
2007-02-02$29.25$0.0067.3%13.3%25.4%0.0%0.0%4.0%-8.0%-412.4K-50.00135.96N/AN/A0001
2007-02-05$29.44$0.0072.7%13.6%18.3%0.0%0.0%5.0%-7.7%-422.4K-50.00135.85N/AN/A0001
2007-02-06$29.35$0.0075.4%13.6%18.1%0.0%0.0%5.3%-7.8%-422.4K-50.00135.88N/AN/A0001
2007-02-07$28.67$0.0082.3%14.0%17.3%0.0%0.0%3.6%-8.2%-422.3K-50.00136.88N/AN/A0001
2007-02-08$29.00$0.0048.7%14.0%17.6%0.0%0.0%4.4%-8.4%-392.4K-50.00136.48N/AN/A0001
2007-02-09$28.76$0.0049.4%14.2%17.8%0.0%0.0%3.5%-8.8%-432.3K-50.00136.81N/AN/A0001
2007-02-12$28.24$0.0052.4%15.0%18.9%0.0%0.0%2.6%-11.4%-392.3K-50.00137.77N/AN/A0001
2007-02-13$29.15$0.0050.9%14.6%21.8%0.0%0.0%4.5%-10.3%-452.1K-60.00136.20N/AN/A0001
2007-02-14$29.64$0.0050.6%14.5%22.3%0.0%0.0%6.0%-10.6%-482.2K-60.00135.86N/AN/A0001
2007-02-15$29.63$0.0051.5%14.8%22.3%0.0%62.7%6.0%-11.2%-482.2K-60.00135.80N/AN/A10001
2007-02-16$29.59$35.0052.4%15.0%22.3%0.0%0.0%5.8%-11.9%413-1.9K-260.00135.88N/AN/A00101
2007-02-20$29.73$35.0054.7%15.7%22.0%0.0%0.0%7.0%-40.8%422-1.7K-220.00135.89N/AN/A00101
2007-02-21$30.29$35.0055.2%15.8%22.7%0.0%0.0%7.0%-2.9%496-2.3K-240.00135.72N/AN/A00101
2007-02-22$30.04$35.0056.8%16.3%22.8%0.0%0.0%6.6%-2.4%460-2.0K-240.00135.70N/AN/A00101
2007-02-23$29.86$35.0057.3%16.4%22.6%0.0%56.9%7.7%-1.4%432-1.7K-220.00135.94N/AN/A100101
2007-02-26$29.68$30.0060.9%17.5%22.8%0.0%0.0%7.4%-17.9%1.2K-16.5K-470.00136.07N/AN/A20201
2007-02-27$27.28$30.00100.3%28.8%37.8%0.0%0.0%53.0%-27.3%900-10.4K-430.00138.87N/AN/A01221
2007-02-28$27.62$30.0072.5%20.8%37.4%0.0%0.0%3.2%-25.2%917-9.1K-480.00140.32N/AN/A00222