PCH Options History — June 2019

In June 2019, PCH traded between $33.45 and $39.69. ATM implied volatility averaged 23.2%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded below realized volatility by 1.1% (HV 20d: 24.2%). Max pain ranged from $30.00 to $40.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.30.

Notable Days

  • 2019-06-07: Highest Volume — 131 contracts
  • 2019-06-26: Largest IV spike — 28.2% change
  • 2019-06-03: Highest IV Rank — 23.3%
  • 2019-06-03: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.02$33.45$39.69$33.45$38.91
Max Pain$36.25$30.00$40.00$35.00$40.00
ATM IV23.2%18.8%27.5%27.5%19.3%
Expected Move6.6%5.4%7.9%7.9%5.5%
HV 20d24.2%21.8%25.5%21.8%25.0%
HV 60d26.8%26.3%27.6%27.6%27.2%
IV Rank16.5%9.4%23.3%23.3%10.3%
IV Percentile36.2%9.1%67.9%67.9%10.3%
Term Structure1.6%-1.4%3.5%-1.4%3.5%
VWIV25.2%19.7%51.1%26.0%19.8%
Skew 25d5.9%3.1%9.6%3.1%7.1%
Skew 10d8.3%3.2%15.4%6.2%7.2%
Call IV 25d22.4%18.6%31.4%31.4%20.0%
Put IV 25d28.3%24.9%36.3%34.5%27.2%
Bid-Ask Spread %80.3553.6398.4378.4367.42
Gamma HHI0.900.550.980.550.98
Net GEX619.2K104.2K1.1M104.2K910.0K
Net DEX-5.4M-10.8M-330.5K-330.5K-8.4M
Net VEX-26.6K-34.0K-16.8K-17.4K-30.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.000.870.000.87
Total Volume50.550131028
Total OI10,644.0510,53210,71710,64810,555

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$33.45$35.0027.5%7.9%21.8%23.3%0.0%3.1%-1.4%104.2K-330.5K-17.4K0.0078.43N/AN/A005,4665,182
2019-06-04$33.78$35.0025.8%7.4%22.7%20.6%26.0%7.2%-0.8%143.6K-642.7K-16.8K0.0082.36N/AN/A11005,4665,182
2019-06-05$34.49$35.0025.6%7.3%22.5%20.3%25.6%9.6%-0.4%228.7K-1.4M-18.9K0.0077.41N/AN/A11005,4935,182
2019-06-06$34.64$30.0024.8%7.1%22.6%19.1%32.2%9.6%1.3%286.8K-1.9M-19.9K0.0094.18N/AN/A11005,4935,182
2019-06-07$35.37$30.0023.2%7.0%24.4%16.5%32.9%4.4%1.4%374.5K-2.8M-23.3K0.0779.92N/AN/A12385,4935,182
2019-06-10$35.84$35.0026.2%7.2%24.9%21.3%25.0%4.3%0.9%444.5K-3.1M-22.3K0.2876.32N/AN/A1855,4865,175
2019-06-11$36.32$35.0026.8%7.2%24.5%22.2%25.2%4.5%1.6%508.4K-3.9M-24.2K0.2884.89N/AN/A1855,4865,180
2019-06-12$36.85$35.0025.7%7.4%25.1%20.5%25.8%3.2%0.7%586.1K-4.6M-25.9K0.2181.92N/AN/A2455,4865,180
2019-06-13$37.30$35.0025.9%7.4%25.5%20.8%23.4%3.9%0.9%656.8K-5.5M-29.8K0.1580.37N/AN/A4065,4925,180
2019-06-14$37.44$35.0025.9%7.4%25.5%20.7%22.8%4.1%1.2%674.0K-5.8M-29.4K0.1592.60N/AN/A4065,5075,179
2019-06-17$37.54$35.0020.6%5.9%24.7%12.4%26.2%3.8%2.4%697.1K-5.9M-28.8K0.0094.16N/AN/A405,5075,179
2019-06-18$39.13$35.0019.9%5.7%25.4%11.3%51.1%7.3%2.6%916.3K-9.3M-33.6K0.0097.48N/AN/A605,5115,179
2019-06-19$39.07$35.0018.9%5.4%25.4%9.6%19.9%6.5%3.1%920.2K-9.2M-33.4K0.1981.19N/AN/A54105,5135,179
2019-06-20$39.69$40.0018.8%5.4%25.1%9.4%19.7%7.8%3.4%1.1M-10.8M-34.0K0.5694.13N/AN/A54305,5005,189
2019-06-21$39.14$40.0019.7%5.7%22.0%11.0%20.7%8.0%2.9%857.6K-9.2M-32.8K0.7498.43N/AN/A62465,5005,217
2019-06-24$38.30$40.0020.0%5.7%24.1%11.4%20.1%6.8%2.7%805.7K-7.1M-29.9K0.2953.63N/AN/A1445,3345,198
2019-06-25$37.88$40.0021.2%6.1%24.1%13.3%21.5%5.5%1.9%740.0K-6.2M-28.3K0.2973.47N/AN/A1445,3485,198
2019-06-26$37.32$40.0027.2%7.8%24.9%22.9%20.9%4.7%1.4%664.6K-5.1M-24.9K0.8664.92N/AN/A14125,3485,198
2019-06-27$37.97$40.0020.4%5.9%24.8%12.1%20.6%6.1%2.1%776.8K-6.1M-27.8K0.8053.74N/AN/A15125,3485,208
2019-06-28$38.91$40.0019.3%5.5%25.0%10.3%19.8%7.1%3.5%910.0K-8.4M-30.0K0.8767.42N/AN/A15135,3475,208