PAYO Options History — October 2024

In October 2024, PAYO traded between $7.58 and $8.66. ATM implied volatility averaged 61.8%, placing in the 41.1% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded above realized volatility by 45.1% (HV 20d: 16.8%). Max pain ranged from $5.00 to $7.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 1 of 23 days. Put/call ratio averaged 0.15.

Notable Days

  • 2024-10-02: Highest Volume — 6,515 contracts
  • 2024-10-31: Largest IV spike — 74.6% change
  • 2024-10-31: Highest IV Rank — 76.0%
  • 2024-10-31: Largest Expected Move — 29.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.10$7.58$8.66$7.67$8.66
Max Pain$5.17$5.00$7.00$7.00$5.00
ATM IV61.8%49.6%101.8%62.8%101.8%
Expected Move17.5%12.6%29.2%18.0%29.2%
HV 20d16.8%12.7%21.5%21.5%12.7%
HV 60d48.8%24.6%51.3%51.2%24.6%
IV Rank41.1%30.3%76.0%41.9%76.0%
IV Percentile68.8%44.4%97.2%75.4%97.2%
Term Structure-15.1%-36.7%12.7%-14.7%-18.8%
VWIV58.7%36.0%80.8%63.8%80.8%
Skew 25d5.6%-17.5%30.3%10.5%11.5%
Skew 10d-0.7%-28.7%24.1%3.3%13.4%
Call IV 25d47.7%30.7%63.7%41.5%53.4%
Put IV 25d53.3%37.2%72.0%52.0%64.9%
Bid-Ask Spread %86.3062.38114.07114.0778.61
Gamma HHI0.430.360.450.410.36
Net GEX253.5K229.6K284.3K242.6K284.3K
Net DEX-34.5M-40.1M-30.0M-30.6M-40.1M
Net VEX-31.3K-39.0K-25.4K-38.1K-29.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.000.850.010.00
Total Volume865.913216,5154061,900
Total OI66,981.56565,85870,33266,57870,332

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-10-01$7.67$7.0062.8%18.0%21.5%41.9%63.8%10.5%-14.7%242.6K-30.6M-38.1K0.01114.07N/AN/A402449,00617,572
2024-10-02$7.58$7.0055.1%15.8%20.6%35.2%0.0%17.6%-4.5%255.0K-30.1M-38.0K0.00108.81N/AN/A6,515049,19917,573
2024-10-03$7.66$5.0054.1%17.7%20.6%34.3%55.5%-17.5%-13.1%229.6K-30.3M-36.5K0.0085.83N/AN/A438049,18417,573
2024-10-04$7.71$5.0059.6%12.6%20.6%39.1%48.4%1.7%-7.2%256.8K-31.4M-35.8K0.0092.12N/AN/A56049,36517,573
2024-10-07$7.64$5.0077.5%17.1%21.1%54.8%36.0%-1.2%-16.4%250.6K-30.0M-39.0K0.02101.34N/AN/A48149,41017,573
2024-10-08$7.75$5.0051.7%16.8%21.4%32.2%57.6%28.7%-16.3%243.6K-31.0M-36.8K0.0083.68N/AN/A2,132149,39417,573
2024-10-09$7.78$5.0053.1%15.2%20.7%33.5%52.2%30.3%-14.3%245.7K-32.0M-34.2K0.2295.26N/AN/A1212749,36917,573
2024-10-10$7.84$5.0052.7%15.1%16.7%33.0%53.0%-0.8%-12.9%264.8K-32.4M-33.7K0.0180.63N/AN/A164149,43717,581
2024-10-11$7.91$5.0052.0%14.9%14.2%32.5%52.0%14.5%-3.8%279.4K-33.1M-32.4K0.2495.93N/AN/A17449,52217,582
2024-10-14$7.88$5.0051.8%14.9%14.5%32.3%56.4%11.5%-10.6%269.2K-32.9M-31.3K0.0884.63N/AN/A1811549,52217,585
2024-10-15$8.00$5.0059.4%17.0%14.4%38.9%59.5%10.0%-11.8%264.6K-33.5M-31.7K0.0591.05N/AN/A78449,50617,598
2024-10-16$8.09$5.0057.9%16.6%14.6%37.6%58.4%-8.6%-14.5%257.6K-34.6M-29.9K0.0183.44N/AN/A153249,48617,602
2024-10-17$8.20$5.0049.6%14.2%15.0%30.3%48.2%-1.0%12.7%261.2K-35.9M-27.0K0.7184.61N/AN/A14510349,54517,604
2024-10-18$8.34$5.0062.0%17.8%15.6%41.2%61.8%-2.5%-12.9%242.4K-36.3M-28.0K0.0075.14N/AN/A664349,55617,685
2024-10-21$8.38$5.0064.8%18.6%15.6%43.6%61.5%13.7%-24.8%243.2K-37.2M-25.9K0.2262.38N/AN/A63914249,63216,226
2024-10-22$8.48$5.0056.4%16.2%15.7%36.3%61.9%8.6%-20.9%232.8K-37.9M-26.5K0.0179.34N/AN/A655449,78516,352
2024-10-23$8.43$5.0066.4%19.0%16.1%45.0%60.0%-3.8%-18.6%258.4K-37.2M-27.9K0.0086.78N/AN/A528250,30916,356
2024-10-24$8.36$5.0057.8%16.6%16.6%37.5%44.1%-16.6%-27.5%245.8K-36.6M-29.2K0.8589.83N/AN/A524450,19416,357
2024-10-25$8.34$5.0075.5%21.7%15.9%53.0%65.5%-3.2%-36.7%255.4K-36.4M-27.4K0.5382.60N/AN/A934950,08616,396
2024-10-28$8.43$5.0074.9%21.5%14.8%52.5%71.2%14.5%-28.7%243.8K-37.1M-27.0K0.3077.39N/AN/A1725250,03616,445
2024-10-29$8.52$5.0067.1%19.2%14.2%45.7%70.6%-17.0%-18.2%261.2K-37.9M-25.4K0.1486.15N/AN/A1,26518049,97716,497
2024-10-30$8.57$5.0058.3%16.7%12.7%38.0%72.3%27.5%-12.2%242.0K-38.6M-27.7K0.0265.21N/AN/A2,8035751,17116,677
2024-10-31$8.66$5.00101.8%29.2%12.7%76.0%80.8%11.5%-18.8%284.3K-40.1M-29.3K0.0078.61N/AN/A1,892853,60016,732