PPI Options History — October 2024

In October 2024, PPI traded between $15.25 and $15.74. ATM implied volatility averaged 70.7%, placing in the 23.8% IV rank vs the trailing year. The 30-day expected move averaged 18.6%. IV traded above realized volatility by 61.0% (HV 20d: 9.7%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 0 of 23 days.

Notable Days

  • 2024-10-09: Largest IV drop — 43.1% change
  • 2024-10-08: Highest IV Rank — 39.2%
  • 2024-10-31: Largest Expected Move — 24.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.54$15.25$15.74$15.61$15.25
ATM IV70.7%55.3%97.2%75.4%84.9%
Expected Move18.6%15.2%24.3%21.6%24.3%
HV 20d9.7%8.3%11.9%11.9%9.4%
HV 60d14.8%12.0%15.8%15.8%12.0%
IV Rank23.8%14.9%39.2%26.6%32.0%
IV Percentile59.7%26.4%87.8%70.1%84.0%
Term Structure-22.8%-31.9%-18.0%-23.8%-31.9%
Skew 25d1.4%0.2%2.9%0.2%0.9%
Skew 10d21.5%18.1%26.9%26.3%25.2%
Call IV 25d83.6%65.3%109.0%101.1%109.0%
Put IV 25d85.0%66.5%109.9%101.3%109.9%
Bid-Ask Spread %183.91175.62185.82175.62184.61
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$15.61$0.0075.4%21.6%11.9%26.6%0.0%0.2%-23.8%0000.00175.620000
2024-10-02$15.63$0.0076.8%22.0%11.3%27.3%0.0%0.2%-25.0%0000.00175.940000
2024-10-03$15.62$0.0079.3%15.4%11.2%28.8%0.0%1.2%-20.0%0000.00184.590000
2024-10-04$15.72$0.0081.9%15.2%9.2%30.3%0.0%1.4%-18.5%0000.00184.570000
2024-10-07$15.70$0.0090.1%15.7%9.4%35.0%0.0%1.4%-21.7%0000.00184.060000
2024-10-08$15.56$0.0097.2%16.0%10.1%39.2%0.0%1.3%-22.0%0000.00184.740000
2024-10-09$15.59$0.0055.3%15.9%10.1%14.9%0.0%1.4%-22.5%0000.00184.640000
2024-10-10$15.63$0.0056.0%16.1%9.8%15.3%0.0%1.4%-22.2%0000.00184.380000
2024-10-11$15.74$0.0057.8%16.6%9.4%16.4%0.0%1.4%-23.9%0000.00184.070000
2024-10-14$15.73$0.0059.1%17.0%9.3%17.1%0.0%1.5%-24.9%0000.00184.180000
2024-10-15$15.54$0.0059.9%17.2%10.6%17.5%0.0%1.2%-26.7%0000.00184.820000
2024-10-16$15.62$0.0060.6%17.4%10.7%18.0%0.0%2.9%-27.5%0000.00185.180000
2024-10-17$15.63$0.0061.6%17.7%8.3%18.6%0.0%1.4%-18.6%0000.00184.750000
2024-10-18$15.68$0.0062.6%17.9%8.3%19.1%0.0%1.7%-18.0%0000.00184.510000
2024-10-21$15.58$0.0064.2%18.4%8.6%20.0%0.0%1.7%-19.2%0000.00184.040000
2024-10-22$15.56$0.0066.3%19.0%8.3%21.3%0.0%1.7%-21.3%0000.00184.630000
2024-10-23$15.34$0.0066.6%19.1%9.5%21.4%0.0%2.0%-18.4%0000.00184.820000
2024-10-24$15.36$0.0068.0%19.5%9.5%22.3%0.0%2.0%-19.4%0000.00184.980000
2024-10-25$15.29$0.0068.9%19.7%9.6%22.8%0.0%1.1%-20.3%0000.00184.380000
2024-10-28$15.36$0.0076.1%21.8%9.8%26.9%0.0%2.2%-24.8%0000.00185.610000
2024-10-29$15.29$0.0076.5%21.9%9.3%27.2%0.0%1.0%-26.2%0000.00185.820000
2024-10-30$15.31$0.0079.8%22.9%9.3%29.1%0.0%1.2%-28.0%0000.00185.000000
2024-10-31$15.25$0.0084.9%24.3%9.4%32.0%0.0%0.9%-31.9%0000.00184.610000