PCH Options History — August 2014

In August 2014, PCH traded between $40.81 and $43.04. ATM implied volatility averaged 31.4%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 18.0% (HV 20d: 13.4%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-08-13: Highest Volume — 25 contracts
  • 2014-08-13: Largest IV spike — 233.9% change
  • 2014-08-13: Highest IV Rank — 76.1%
  • 2014-08-05: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.19$40.81$43.04$41.22$42.68
ATM IV31.4%17.2%77.6%33.1%28.9%
Expected Move5.0%4.3%6.0%4.9%4.6%
HV 20d13.4%10.4%16.0%13.9%10.4%
HV 60d13.4%11.7%14.8%14.8%11.7%
IV Rank21.8%5.1%76.1%24.2%18.8%
IV Percentile43.1%6.0%98.8%58.3%46.8%
Term Structure1.9%-18.3%29.4%16.7%13.5%
Skew 25d24.2%-2.8%58.7%3.7%27.4%
Skew 10d22.4%-1.8%96.5%9.9%21.6%
Call IV 25d18.6%13.5%45.9%45.9%18.3%
Put IV 25d42.7%17.7%82.7%49.5%45.8%
Bid-Ask Spread %119.4992.63126.77126.77126.50
Gamma HHI0.560.410.810.760.42
Net GEX16.1K4.9K40.3K31.7K5.4K
Net DEX-287.3K-528.1K-106.0K-424.2K-110.7K
Net VEX-704-986-504-986-597
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.52402500
Total OI165.8579523323395

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-08-01$41.22$0.0033.1%4.9%13.9%24.2%0.0%3.7%16.7%31.7K-424.2K-9860.00126.77N/AN/A0017657
2014-08-04$41.22$0.0035.0%5.6%13.6%26.1%0.0%58.7%-17.5%32.9K-436.6K-7970.00111.33N/AN/A0017657
2014-08-05$40.81$0.0017.3%6.0%13.8%5.3%0.0%18.8%-10.8%40.3K-370.8K-9180.0092.63N/AN/A2017657
2014-08-06$41.30$0.0018.9%4.7%14.6%7.1%0.0%38.6%7.8%31.2K-434.1K-7680.00116.89N/AN/A0017657
2014-08-07$41.40$0.0037.2%4.7%14.6%28.6%0.0%43.7%-6.1%25.5K-394.9K-9330.00121.34N/AN/A0017657
2014-08-08$41.68$0.0032.5%4.7%14.8%23.1%0.0%40.6%-13.2%24.9K-442.4K-9050.00126.36N/AN/A0017657
2014-08-11$42.28$0.0074.9%5.3%15.6%72.9%0.0%47.4%-8.9%19.4K-435.0K-8760.00119.98N/AN/A0017657
2014-08-12$41.87$0.0023.3%5.9%16.0%12.2%0.0%2.7%4.7%12.4K-528.1K-6880.00119.71N/AN/A0017657
2014-08-13$42.01$0.0077.6%5.7%16.0%76.1%0.0%22.3%-18.3%24.5K-473.9K-6880.00108.73N/AN/A25017657
2014-08-14$42.16$0.0035.0%4.9%15.9%26.0%0.0%23.5%-11.1%18.6K-402.8K-7710.00125.81N/AN/A0016157
2014-08-15$42.30$0.0033.0%5.1%15.5%23.7%0.0%22.8%-6.5%15.7K-460.0K-6970.00125.71N/AN/A5016157
2014-08-18$42.57$0.0024.4%4.3%15.2%13.6%0.0%22.6%29.4%5.8K-106.0K-6310.00120.93N/AN/A006233
2014-08-19$43.04$0.0023.9%5.4%15.6%13.0%0.0%23.6%21.3%4.9K-138.7K-6460.00111.55N/AN/A006233
2014-08-20$42.82$0.0017.2%4.8%13.2%5.1%0.0%21.4%1.1%6.5K-175.6K-5040.00110.51N/AN/A006233
2014-08-21$42.92$0.0024.5%4.4%10.9%13.7%0.0%25.7%20.8%5.6K-116.2K-6380.00125.77N/AN/A006233
2014-08-22$42.72$0.0019.2%4.4%10.6%7.5%0.0%6.5%15.3%5.2K-111.3K-6330.00125.86N/AN/A006233
2014-08-25$42.81$0.0026.2%4.5%10.6%15.7%0.0%15.7%-3.2%6.4K-111.5K-5180.00124.49N/AN/A006233
2014-08-26$42.83$0.0022.1%5.2%10.6%10.9%0.0%25.2%-3.9%6.5K-123.5K-5490.00119.13N/AN/A006233
2014-08-27$42.80$0.0027.3%4.3%10.6%16.9%0.0%19.7%13.7%6.9K-124.1K-5370.00122.88N/AN/A006233
2014-08-28$42.58$0.0027.7%4.5%10.5%17.4%0.0%-2.8%-4.3%7.6K-112.9K-5070.00126.43N/AN/A006233
2014-08-29$42.68$0.0028.9%4.6%10.4%18.8%0.0%27.4%13.5%5.4K-110.7K-5970.00126.50N/AN/A006233