TBH Options History — May 2008

In May 2008, TBH traded between $20.22 and $22.55. ATM implied volatility averaged 67.0%, placing in the 29.2% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 26.0% (HV 20d: 41.0%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2008-05-02: Largest IV spike — 68.8% change
  • 2008-05-14: Highest IV Rank — 66.3%
  • 2008-05-02: Largest Expected Move — 29.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.86$20.22$22.55$21.50$22.55
ATM IV67.0%44.5%117.5%60.2%49.2%
Expected Move14.7%12.2%29.1%17.2%14.1%
HV 20d41.0%28.1%67.5%67.5%32.2%
HV 60d57.4%56.2%58.9%58.9%57.9%
IV Rank29.2%12.7%66.3%24.2%16.1%
IV Percentile69.8%40.1%95.6%77.8%54.8%
Term Structure-6.8%-36.8%1.6%-11.0%-4.8%
Bid-Ask Spread %139.41122.40177.43130.94143.97
Gamma HHI1.001.001.001.001.00
Net GEX-2-3500-35
Net DEX7801.6K01.6K
Net VEX-0-500-5
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI0.050101

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-05-01$21.50$0.0060.2%17.2%67.5%24.2%0.0%0.0%-11.0%0000.00130.94N/AN/A0000
2008-05-02$21.09$0.00101.6%29.1%61.6%54.6%0.0%0.0%-36.8%0000.00136.37N/AN/A0000
2008-05-05$20.96$0.0067.7%12.8%58.9%29.7%0.0%0.0%-3.1%0000.00124.08N/AN/A0000
2008-05-06$20.58$0.0070.8%12.4%58.4%32.0%0.0%0.0%1.0%0000.00136.45N/AN/A0000
2008-05-07$20.40$0.0074.9%12.2%57.9%35.0%0.0%0.0%-0.4%0000.00136.02N/AN/A0000
2008-05-08$20.22$0.0063.9%12.4%57.8%26.9%0.0%0.0%1.6%0000.00122.40N/AN/A0000
2008-05-09$20.22$0.0073.6%13.0%36.5%34.1%0.0%0.0%-2.9%0000.00137.98N/AN/A0000
2008-05-12$20.48$0.0092.1%12.5%33.5%47.7%0.0%0.0%-0.8%0000.00139.71N/AN/A0000
2008-05-13$20.50$0.00102.8%12.7%33.4%55.5%0.0%0.0%-6.6%0000.00137.85N/AN/A0000
2008-05-14$20.68$0.00117.5%12.7%32.8%66.3%0.0%0.0%-6.6%0000.00138.75N/AN/A0000
2008-05-15$20.96$0.0089.3%25.6%30.5%45.6%0.0%0.0%-19.7%0000.00177.43N/AN/A0000
2008-05-16$21.15$0.0045.3%13.0%30.7%13.2%0.0%0.0%-4.1%0000.00137.29N/AN/A0000
2008-05-19$20.25$0.0045.3%13.0%33.2%13.2%0.0%0.0%-2.6%0000.00141.13N/AN/A0000
2008-05-20$20.81$0.0045.2%13.0%34.0%13.2%0.0%0.0%-3.5%0000.00140.61N/AN/A0000
2008-05-21$20.50$0.0044.5%12.8%33.8%12.7%0.0%0.0%-4.1%0000.00143.03N/AN/A0000
2008-05-22$20.72$0.0046.9%13.4%34.1%14.4%0.0%0.0%-6.2%0000.00140.42N/AN/A0000
2008-05-23$20.70$0.0046.7%13.4%30.8%14.3%0.0%0.0%-4.5%0000.00141.86N/AN/A0000
2008-05-27$20.90$0.0050.3%14.4%28.1%16.9%0.0%0.0%-5.8%0000.00141.61N/AN/A0000
2008-05-28$22.05$0.0051.8%14.8%33.6%18.0%0.0%0.0%-15.7%0000.00140.31N/AN/A0000
2008-05-30$22.55$0.0049.2%14.1%32.2%16.1%0.0%0.0%-4.8%-351.6K-50.00143.97N/AN/A0001