PCEF Options History — June 2023

In June 2023, PCEF traded between $17.75 and $18.27. ATM implied volatility averaged 32.1%, placing in the 23.8% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 23.5% (HV 20d: 8.6%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-06-20: Highest Volume — 12 contracts
  • 2023-06-14: Largest IV spike — 67.5% change
  • 2023-06-08: Highest IV Rank — 45.2%
  • 2023-06-08: Largest Expected Move — 18.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.99$17.75$18.27$17.75$18.11
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV32.1%16.6%54.1%37.9%33.2%
Expected Move8.8%5.6%18.3%10.9%9.5%
HV 20d8.6%7.8%10.0%9.6%7.8%
HV 60d9.7%8.6%11.5%11.3%8.6%
IV Rank23.8%8.8%45.2%29.5%24.9%
IV Percentile44.8%19.4%90.5%60.3%50.8%
Term Structure-6.1%-15.0%0.4%-13.2%-7.4%
Skew 25d14.8%-0.6%32.5%26.0%21.7%
Skew 10d3.5%-33.9%41.1%32.4%-31.0%
Call IV 25d19.1%7.4%41.6%17.8%24.4%
Put IV 25d33.9%10.9%50.2%43.8%46.1%
Bid-Ask Spread %159.31139.22180.68144.06155.24
Gamma HHI0.350.251.000.260.31
Net GEX-152-3159696-128
Net DEX-8.8K-17.4K66-13.1K-1.4K
Net VEX-41-63-27-58-30
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.76201200
Total OI22.57115292916

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$17.75$19.0037.9%10.9%9.6%29.5%0.0%26.0%-13.2%96-13.1K-580.00144.06N/AN/A001811
2023-06-02$17.91$19.0027.6%7.9%9.9%19.5%0.0%32.5%-15.0%91-12.7K-630.00150.47N/AN/A001811
2023-06-05$17.86$0.0028.1%7.5%8.7%19.9%0.0%18.3%-5.3%-43-13.4K-510.00164.28N/AN/A001711
2023-06-06$17.94$0.0028.4%7.3%8.5%20.3%0.0%16.8%-6.0%-29-13.6K-510.00163.83N/AN/A001711
2023-06-07$17.95$0.0034.4%5.6%8.5%26.1%0.0%23.8%-5.0%8-12.6K-580.00165.70N/AN/A001711
2023-06-08$18.00$0.0054.1%18.3%8.5%45.2%0.0%2.2%0.4%-149-13.3K-580.00180.68N/AN/A001711
2023-06-09$18.03$0.0048.9%8.3%8.3%40.2%0.0%20.4%-5.1%-24-15.0K-450.00155.04N/AN/A001711
2023-06-12$18.05$0.0036.4%8.6%8.2%28.0%0.0%0.6%-5.8%-280-14.7K-440.00165.88N/AN/A101711
2023-06-13$18.13$0.0016.6%7.9%8.3%8.8%0.0%2.4%-6.5%-315-14.8K-420.00139.22N/AN/A001711
2023-06-14$18.16$0.0027.9%8.0%8.2%19.8%0.0%3.9%-6.6%-96-16.4K-390.00165.17N/AN/A001711
2023-06-15$18.27$0.0028.7%8.2%8.3%20.6%0.0%7.9%-5.3%-75-17.4K-330.00165.38N/AN/A001711
2023-06-16$18.21$0.0028.0%8.0%8.5%19.9%0.0%8.7%-6.6%-153-17.0K-320.00164.37N/AN/A021711
2023-06-20$17.96$0.0028.1%8.1%10.0%20.0%0.0%8.1%-5.3%-301-7.0K-290.00162.13N/AN/A12069
2023-06-21$17.91$0.0028.0%8.0%9.3%19.9%0.0%-0.6%-5.5%-281-11-350.00159.98N/AN/A0069
2023-06-22$17.91$0.0024.7%7.1%9.0%16.7%0.0%31.1%-6.4%-27766-300.00152.56N/AN/A0069
2023-06-23$17.87$0.0032.2%9.2%8.6%23.9%0.0%10.0%-6.0%-308-91-330.00161.85N/AN/A0069
2023-06-26$17.88$0.0030.0%8.6%8.5%21.8%0.0%29.6%-1.3%-314-513-310.00157.96N/AN/A0069
2023-06-27$17.94$0.0033.3%9.6%7.8%25.1%0.0%0.2%-7.8%-276-663-270.00155.95N/AN/A0069
2023-06-28$18.01$0.0034.7%9.9%7.9%26.4%0.0%20.2%-7.4%-73-54-330.00161.54N/AN/A0069
2023-06-29$17.98$0.0031.9%9.2%7.9%23.7%0.0%26.2%-1.0%-268-777-290.00154.13N/AN/A1069
2023-06-30$18.11$19.0033.2%9.5%7.8%24.9%0.0%21.7%-7.4%-128-1.4K-300.00155.24N/AN/A0079