PPI Options History — November 2024

In November 2024, PPI traded between $15.03 and $15.69. ATM implied volatility averaged 86.6%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 17.8%. IV traded above realized volatility by 69.0% (HV 20d: 17.5%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2024-11-13: Largest IV drop — 68.8% change
  • 2024-11-12: Highest IV Rank — 89.4%
  • 2024-11-01: Largest Expected Move — 25.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.28$15.03$15.69$15.17$15.45
ATM IV86.6%57.3%184.0%88.2%76.3%
Expected Move17.8%14.3%25.3%25.3%21.9%
HV 20d17.5%9.0%22.7%9.0%22.7%
HV 60d14.4%11.7%16.1%11.7%15.5%
IV Rank33.0%16.1%89.4%33.9%27.0%
IV Percentile66.1%29.1%99.4%84.7%68.8%
Term Structure-18.2%-35.3%-11.6%-35.3%-23.8%
Skew 25d1.6%-0.0%6.1%0.8%2.0%
Skew 10d17.8%12.9%28.1%24.7%21.9%
Call IV 25d77.3%64.9%112.8%112.8%91.2%
Put IV 25d78.9%66.1%113.6%113.6%93.2%
Bid-Ask Spread %181.25180.16184.51184.51181.82
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-11-01$15.17$0.0088.2%25.3%9.0%33.9%0.0%0.8%-35.3%0000.00184.510000
2024-11-04$15.15$0.00100.9%15.2%9.0%41.3%0.0%2.3%-13.7%0000.00180.850000
2024-11-05$15.29$0.0099.9%15.4%9.4%40.7%0.0%2.3%-14.6%0000.00181.310000
2024-11-06$15.60$0.00100.4%14.3%12.0%41.0%0.0%1.2%-14.0%0000.00181.250000
2024-11-07$15.31$0.00106.0%16.0%13.7%44.3%0.0%1.2%-18.4%0000.00181.310000
2024-11-08$15.24$0.00124.5%15.8%13.4%54.9%0.0%1.3%-16.8%0000.00181.160000
2024-11-11$15.63$0.00148.3%15.2%16.4%68.7%0.0%-0.0%-16.1%0000.00181.460000
2024-11-12$15.12$0.00184.0%16.2%19.8%89.4%0.0%0.6%-19.9%0000.00180.160000
2024-11-13$15.05$0.0057.3%16.4%19.7%16.1%0.0%0.4%-20.9%0000.00181.320000
2024-11-14$15.09$0.0057.3%16.4%19.7%16.1%0.0%0.5%-11.6%0000.00181.090000
2024-11-15$15.03$0.0059.0%16.9%19.6%17.0%0.0%0.4%-15.7%0000.00181.240000
2024-11-18$15.12$0.0061.5%17.6%19.8%18.5%0.0%1.3%-15.0%0000.00180.840000
2024-11-19$15.12$0.0062.4%17.9%19.8%19.0%0.0%0.6%-15.6%0000.00181.180000
2024-11-20$15.18$0.0063.3%18.1%19.3%19.5%0.0%2.1%-16.0%0000.00181.170000
2024-11-21$15.34$0.0066.2%19.0%19.7%21.2%0.0%2.1%-17.2%0000.00180.350000
2024-11-22$15.69$0.0060.2%17.2%21.1%17.7%0.0%6.1%-14.8%0000.00181.390000
2024-11-25$15.43$0.0071.8%20.6%22.0%24.4%0.0%2.3%-21.1%0000.00180.340000
2024-11-26$15.29$0.0072.1%20.7%22.2%24.6%0.0%2.4%-21.9%0000.00181.570000
2024-11-27$15.25$0.0072.1%20.7%22.2%24.6%0.0%1.9%-21.6%0000.00180.640000
2024-11-29$15.45$0.0076.3%21.9%22.7%27.0%0.0%2.0%-23.8%0000.00181.820000