PCEF Options History — June 2021

In June 2021, PCEF traded between $24.19 and $24.64. ATM implied volatility averaged 25.8%, placing in the 10.1% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 19.4% (HV 20d: 6.4%). Max pain ranged from $23.00 to $26.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 2.78.

Notable Days

  • 2021-06-01: Highest Volume — 18 contracts
  • 2021-06-29: Largest IV spike — 363.4% change
  • 2021-06-07: Highest IV Rank — 17.0%
  • 2021-06-29: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.41$24.19$24.64$24.27$24.55
Max Pain$25.57$23.00$26.00$23.00$26.00
ATM IV25.8%7.0%38.1%30.8%29.3%
Expected Move6.7%2.0%9.3%8.8%8.4%
HV 20d6.4%3.8%10.1%10.0%4.8%
HV 60d7.2%6.9%7.5%7.5%7.0%
IV Rank10.1%0.0%17.0%12.9%12.6%
IV Percentile25.7%0.0%38.1%30.2%34.1%
Term Structure-3.3%-11.7%13.5%12.8%-11.7%
VWIV25.6%22.2%29.1%22.2%29.1%
Skew 25d5.7%-2.5%27.2%-0.9%27.2%
Skew 10d0.2%-27.4%12.7%-27.4%11.9%
Call IV 25d20.7%7.1%31.2%21.2%13.3%
Put IV 25d26.4%6.8%40.5%20.2%40.5%
Bid-Ask Spread %152.8875.79168.55138.92158.96
Gamma HHI0.450.250.780.500.58
Net GEX-1.7K-3.2K-1.1K-3.2K-1.8K
Net DEX9.3K2.5K22.0K22.0K5.1K
Net VEX-86-150-58-150-58
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.780.005.005.005.00
Total Volume2.524018181
Total OI46.57119636320

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$24.27$23.0030.8%8.8%10.0%12.9%22.2%-0.9%12.8%-3.2K22.0K-1505.00138.92N/AN/A315063
2021-06-02$24.30$23.0032.1%9.2%10.0%13.6%0.0%0.1%13.5%-3.1K10.7K-830.00138.39N/AN/A00355
2021-06-03$24.28$0.0032.9%5.4%10.0%14.1%0.0%-1.7%-7.7%-2.3K13.7K-990.00168.55N/AN/A00355
2021-06-04$24.37$0.0033.8%6.4%10.1%14.6%0.0%0.5%-5.3%-2.1K12.2K-930.00167.67N/AN/A00355
2021-06-07$24.37$0.0038.1%6.7%9.8%17.0%0.0%0.6%-5.3%-2.1K12.3K-930.00165.41N/AN/A00355
2021-06-08$24.46$0.0034.8%5.9%9.8%15.1%0.0%-2.5%-5.1%-2.0K10.3K-820.00163.31N/AN/A00355
2021-06-09$24.51$0.0023.1%6.6%9.5%8.5%0.0%11.8%-4.9%-1.4K12.5K-940.00166.74N/AN/A00355
2021-06-10$24.57$0.0017.7%5.1%4.6%5.4%0.0%2.4%5.7%-1.8K10.9K-871.67162.59N/AN/A35355
2021-06-11$24.60$0.0021.8%6.2%4.3%7.7%29.1%-1.9%-7.2%-1.1K6.0K-900.00157.07N/AN/A10655
2021-06-14$24.64$26.0018.9%5.4%3.8%6.0%0.0%1.0%4.7%-1.4K2.5K-750.00162.36N/AN/A00755
2021-06-15$24.56$26.0023.1%6.6%4.1%8.4%0.0%-0.5%-8.3%-1.6K2.6K-710.00159.12N/AN/A00755
2021-06-16$24.54$26.0025.7%7.4%4.1%9.9%0.0%0.8%-6.7%-1.3K4.9K-820.00162.59N/AN/A00755
2021-06-17$24.40$26.0024.7%7.1%4.6%9.4%0.0%0.2%-5.5%-1.4K8.4K-900.00160.99N/AN/A00755
2021-06-18$24.25$26.0016.3%4.7%4.8%4.6%0.0%0.9%-5.1%-1.3K4.5K-820.00132.33N/AN/A00755
2021-06-21$24.19$26.0026.3%7.5%4.9%10.3%0.0%16.6%-5.4%-1.2K12.4K-890.00160.62N/AN/A00118
2021-06-22$24.26$26.0017.5%5.0%4.9%5.3%0.0%2.1%-6.2%-1.3K10.5K-750.00132.34N/AN/A10118
2021-06-23$24.25$26.0027.9%8.0%4.8%11.2%0.0%18.8%-7.7%-1.8K8.3K-795.00158.50N/AN/A210218
2021-06-25$24.32$26.0027.4%7.9%4.9%10.9%0.0%20.1%-9.4%-1.4K9.4K-820.00158.79N/AN/A00218
2021-06-28$24.43$26.007.0%2.0%5.0%0.0%0.0%-0.4%8.1%-1.1K7.4K-630.0075.79N/AN/A00218
2021-06-29$24.49$26.0032.6%9.3%4.9%14.5%0.0%25.3%-11.4%-1.3K8.6K-795.00159.41N/AN/A210218
2021-06-30$24.55$26.0029.3%8.4%4.8%12.6%0.0%27.2%-11.7%-1.8K5.1K-580.00158.96N/AN/A01218