PAYO Options History — June 2024

In June 2024, PAYO traded between $5.38 and $5.92. ATM implied volatility averaged 44.3%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded above realized volatility by 18.2% (HV 20d: 26.1%). Max pain ranged from $5.00 to $6.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 53.75.

Notable Days

2024-06-20: Highest Volume — 2,081 contracts
2024-06-05: Largest IV spike — 192.9% change
2024-06-13: Highest IV Rank — 45.5%
2024-06-13: Largest Expected Move — 19.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.63	$5.38	$5.92	$5.92	$5.63
Max Pain	$5.84	$5.00	$6.00	$5.00	$6.00
ATM IV	44.3%	18.0%	68.6%	31.3%	40.7%
Expected Move	12.2%	5.2%	19.7%	9.0%	11.7%
HV 20d	26.1%	19.8%	44.2%	43.9%	24.4%
HV 60d	34.5%	32.7%	36.5%	36.4%	33.2%
IV Rank	23.4%	0.0%	45.5%	7.7%	20.4%
IV Percentile	28.9%	0.0%	80.2%	2.4%	15.1%
Term Structure	4.9%	-14.0%	25.2%	14.3%	14.5%
VWIV	33.9%	18.2%	48.9%	18.2%	25.6%
Skew 25d	4.6%	-12.9%	19.1%	5.9%	-0.6%
Skew 10d	10.6%	-18.2%	38.7%	3.7%	-18.2%
Call IV 25d	41.6%	19.8%	65.5%	28.7%	37.0%
Put IV 25d	46.2%	27.3%	72.0%	34.6%	36.4%
Bid-Ask Spread %	115.92	97.25	136.19	105.81	121.63
Gamma HHI	0.35	0.26	0.41	0.38	0.40
Net GEX	49.5K	7.1K	128.5K	114.6K	37.1K
Net DEX	-4.9M	-7.7M	-2.9M	-7.7M	-4.5M
Net VEX	-43.2K	-45.8K	-41.1K	-43.4K	-43.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	53.75	0.00	834.00	0.50	0.00
Total Volume	357.632	5	2,081	18	5
Total OI	50,012	48,671	52,336	48,671	50,057

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-06-03	$5.92	$5.00	31.3%	9.0%	43.9%	7.7%	0.0%	5.9%	14.3%	114.6K	-7.7M	-43.4K	0.50	105.81	N/A	N/A	12	6	24,427	24,244
2024-06-04	$5.79	$5.00	18.0%	5.2%	43.9%	0.0%	18.2%	7.5%	21.6%	128.5K	-6.7M	-42.9K	834.00	116.47	N/A	N/A	2	1,668	24,438	24,237
2024-06-05	$5.92	$5.00	52.8%	15.1%	44.2%	31.2%	43.4%	17.6%	5.2%	79.3K	-6.5M	-43.8K	0.03	115.05	N/A	N/A	71	2	24,439	25,905
2024-06-06	$5.92	$6.00	58.6%	10.7%	19.9%	36.5%	0.0%	2.0%	2.2%	78.8K	-6.7M	-45.2K	0.00	121.38	N/A	N/A	14	0	24,505	25,907
2024-06-07	$5.92	$6.00	55.3%	18.1%	19.8%	33.5%	0.0%	19.1%	-1.2%	78.5K	-6.9M	-43.8K	0.00	120.73	N/A	N/A	6	0	24,517	25,907
2024-06-10	$5.74	$6.00	41.2%	12.5%	22.8%	20.8%	0.0%	-0.5%	-7.0%	65.4K	-5.7M	-45.8K	0.04	121.99	N/A	N/A	114	5	24,510	25,907
2024-06-11	$5.71	$6.00	63.0%	11.7%	22.3%	40.5%	0.0%	6.0%	-3.6%	64.7K	-5.6M	-43.2K	0.04	117.18	N/A	N/A	106	4	24,435	25,907
2024-06-12	$5.69	$6.00	43.4%	12.4%	21.1%	22.8%	0.0%	6.5%	-14.0%	78.1K	-5.6M	-41.5K	0.00	136.19	N/A	N/A	68	0	24,438	25,907
2024-06-13	$5.53	$6.00	68.6%	19.7%	23.2%	45.5%	0.0%	15.7%	-0.1%	32.7K	-4.4M	-43.2K	0.00	117.67	N/A	N/A	0	10	24,372	25,907
2024-06-14	$5.49	$6.00	49.8%	14.3%	23.2%	28.5%	0.0%	17.1%	3.9%	23.0K	-4.1M	-42.7K	2.00	116.25	N/A	N/A	5	10	24,372	25,924
2024-06-17	$5.46	$6.00	52.6%	15.1%	22.9%	31.0%	0.0%	9.0%	-4.7%	7.1K	-3.9M	-42.3K	0.06	112.59	N/A	N/A	33	2	24,372	25,934
2024-06-18	$5.41	$6.00	34.3%	9.8%	23.0%	14.7%	44.9%	-8.9%	15.7%	8.5K	-3.6M	-42.2K	0.28	112.06	N/A	N/A	100	28	24,378	25,935
2024-06-20	$5.46	$6.00	43.9%	12.6%	22.6%	23.2%	0.0%	-5.3%	1.2%	27.6K	-3.6M	-41.1K	129.06	113.84	N/A	N/A	16	2,065	24,478	25,910
2024-06-21	$5.38	$6.00	44.6%	12.8%	22.9%	23.9%	48.9%	-12.9%	-10.5%	20.8K	-3.2M	-43.8K	0.00	97.25	N/A	N/A	990	2	24,481	27,855
2024-06-24	$5.39	$6.00	31.0%	8.9%	22.9%	11.7%	26.1%	3.6%	12.4%	17.1K	-2.9M	-42.8K	0.00	115.89	N/A	N/A	7	0	23,156	25,835
2024-06-25	$5.56	$6.00	39.3%	11.3%	24.2%	19.1%	27.9%	17.0%	25.2%	18.2K	-3.4M	-43.0K	0.01	110.58	N/A	N/A	396	5	23,160	25,835
2024-06-26	$5.58	$6.00	40.8%	11.7%	24.1%	20.5%	36.3%	-6.3%	9.7%	33.0K	-4.1M	-43.0K	1.40	121.87	N/A	N/A	217	304	23,218	25,840
2024-06-27	$5.56	$6.00	31.8%	9.1%	24.1%	12.4%	25.6%	-5.1%	8.5%	28.3K	-4.2M	-44.3K	0.01	107.95	N/A	N/A	518	4	23,433	26,146
2024-06-28	$5.63	$6.00	40.7%	11.7%	24.4%	20.4%	0.0%	-0.6%	14.5%	37.1K	-4.5M	-43.2K	0.00	121.63	N/A	N/A	5	0	23,911	26,146