TBH Options History — September 2007

In September 2007, TBH traded between $21.74 and $24.23. ATM implied volatility averaged 55.0%, placing in the 19.9% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded below realized volatility by 1.0% (HV 20d: 56.0%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2007-09-17: Highest Volume — 10 contracts
  • 2007-09-10: Largest IV spike — 151.4% change
  • 2007-09-12: Highest IV Rank — 93.1%
  • 2007-09-12: Largest Expected Move — 23.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.21$21.74$24.23$23.26$23.93
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV55.0%32.8%157.2%53.1%35.5%
Expected Move13.0%9.4%23.2%15.2%10.2%
HV 20d56.0%39.2%65.8%65.7%39.5%
HV 60d140.7%140.0%141.2%140.4%141.0%
IV Rank19.9%3.9%93.1%18.5%5.9%
IV Percentile37.5%11.5%99.4%50.9%15.1%
Term Structure-5.2%-38.4%11.9%-11.3%-4.9%
Skew 25d13.3%-2.1%31.5%-2.1%30.9%
Skew 10d33.3%7.7%71.3%31.9%50.3%
Call IV 25d53.3%26.4%98.6%91.3%30.4%
Put IV 25d66.6%51.3%119.9%89.2%61.2%
Bid-Ask Spread %136.51122.21170.10122.21134.77
Gamma HHI1.001.001.001.001.00
Net GEX1.1K7491.7K1.0K935
Net DEX-24.9K-40.8K-15.5K-25.2K-22.4K
Net VEX-124-188-98-121-105
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.21101003
Total OI25.78920352520

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-09-04$23.26$25.0053.1%15.2%65.7%18.5%0.0%-2.1%-11.3%1.0K-25.2K-1210.00122.21N/AN/A00250
2007-09-05$23.15$25.0053.0%15.2%65.8%18.5%0.0%6.3%-10.6%1.2K-22.6K-1180.00125.87N/AN/A00250
2007-09-06$22.96$25.0053.2%15.2%65.8%18.6%0.0%6.7%-7.2%1.1K-21.2K-1160.00127.00N/AN/A00250
2007-09-07$21.74$0.0057.5%10.8%65.5%21.7%0.0%3.1%3.1%896-15.5K-980.00134.38N/AN/A00250
2007-09-10$21.90$0.00144.6%22.7%65.2%84.0%0.0%20.4%-38.4%749-21.2K-1090.00170.10N/AN/A00250
2007-09-11$22.65$0.0064.0%11.6%65.8%26.3%0.0%4.8%0.9%1.1K-19.2K-1080.00134.34N/AN/A00250
2007-09-12$22.27$0.00157.2%23.2%62.7%93.1%0.0%22.4%-38.4%780-22.7K-1090.00168.56N/AN/A00250
2007-09-13$22.55$0.0040.2%11.5%59.1%9.3%0.0%4.4%1.1%1.1K-18.6K-1060.00135.96N/AN/A00250
2007-09-14$22.70$0.0038.8%11.1%57.1%8.3%0.0%3.6%1.7%1.1K-19.3K-1060.00136.12N/AN/A00250
2007-09-17$22.24$0.0039.2%11.2%55.9%8.5%0.0%4.4%2.0%991-17.7K-990.00138.43N/AN/A100250
2007-09-18$23.81$0.0040.6%11.6%59.5%9.5%0.0%10.9%-6.0%1.7K-39.2K-1860.00132.06N/AN/A00350
2007-09-19$24.05$0.0039.9%11.4%59.5%9.1%0.0%11.9%-4.7%1.7K-40.8K-1880.00132.51N/AN/A00350
2007-09-20$23.49$0.0043.6%12.5%52.3%11.7%0.0%9.2%1.1%1.6K-34.7K-1800.00133.44N/AN/A00350
2007-09-21$23.91$0.0041.7%12.0%49.2%10.3%0.0%11.7%-8.1%1.7K-39.5K-1820.00132.75N/AN/A100350
2007-09-24$23.86$0.0044.0%12.6%47.6%12.0%0.0%11.9%-11.1%909-22.4K-1070.00133.46N/AN/A00200
2007-09-25$24.09$0.0033.5%9.6%47.1%4.4%0.0%29.4%10.6%919-23.1K-1080.00133.32N/AN/A00200
2007-09-26$24.23$0.0032.8%9.4%41.5%3.9%0.0%31.0%11.9%939-24.2K-1080.00133.88N/AN/A00200
2007-09-27$24.21$0.0033.4%9.6%39.2%4.4%0.0%31.5%10.0%960-23.1K-1070.00134.50N/AN/A00200
2007-09-28$23.93$0.0035.5%10.2%39.5%5.9%0.0%30.9%-4.9%935-22.4K-1050.00134.77N/AN/A03200