PCH Options History — August 2021

In August 2021, PCH traded between $49.33 and $52.76. ATM implied volatility averaged 27.2%, placing in the 21.3% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 3.4% (HV 20d: 23.8%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 1.43.

Notable Days

  • 2021-08-17: Highest Volume — 162 contracts
  • 2021-08-30: Largest IV spike — 22.6% change
  • 2021-08-04: Highest IV Rank — 31.8%
  • 2021-08-04: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.08$49.33$52.76$51.66$52.10
Max Pain$50.68$50.00$55.00$55.00$50.00
ATM IV27.2%19.9%30.6%29.3%24.5%
Expected Move7.9%5.7%8.8%8.4%7.0%
HV 20d23.8%18.0%30.3%30.3%20.3%
HV 60d25.3%23.2%29.8%29.8%23.2%
IV Rank21.3%0.0%31.8%22.5%14.1%
IV Percentile14.5%0.0%32.9%21.0%4.8%
Term Structure1.3%-0.5%4.4%1.0%0.2%
VWIV27.1%21.6%31.9%25.3%23.9%
Skew 25d6.0%1.7%20.1%6.3%7.7%
Skew 10d17.2%1.9%47.9%14.5%47.9%
Call IV 25d25.3%16.1%32.4%25.1%16.1%
Put IV 25d31.3%23.6%43.1%31.4%23.9%
Bid-Ask Spread %85.8375.2897.6495.9390.27
Gamma HHI0.270.230.320.230.28
Net GEX-41.3K-78.2K-6.8K-22.5K-11.6K
Net DEX1.3M-170.6K2.6M1.3M195.7K
Net VEX-14.3K-16.5K-13.0K-16.2K-13.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.430.089.831.250.48
Total Volume57.27371624534
Total OI2,939.0912,2003,3763,1832,380

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$51.66$55.0029.3%8.4%30.3%22.5%25.3%6.3%1.0%-22.5K1.3M-16.2K1.2595.93N/AN/A20251,7281,455
2021-08-03$51.99$55.0030.3%8.7%30.2%31.1%29.9%4.0%0.3%-11.7K1.1M-16.5K0.6990.06N/AN/A16111,7451,453
2021-08-04$51.08$55.0030.6%8.8%28.7%31.8%0.0%5.2%0.3%-36.3K1.4M-15.8K0.4597.64N/AN/A1151,7561,436
2021-08-05$51.38$50.0029.4%8.6%28.5%28.1%29.6%5.9%0.3%-32.4K1.3M-15.6K1.0081.11N/AN/A28281,7451,436
2021-08-06$51.20$50.0026.3%8.1%27.1%18.7%26.6%4.9%1.5%-39.8K1.5M-15.0K0.1781.18N/AN/A611,7461,441
2021-08-09$50.63$50.0027.4%8.1%27.1%22.0%26.5%5.0%1.5%-64.3K1.8M-14.6K0.4279.41N/AN/A40171,7501,469
2021-08-10$50.88$50.0026.8%8.1%25.5%20.3%28.0%5.9%1.6%-60.1K1.7M-14.3K0.1684.26N/AN/A4471,7541,468
2021-08-11$51.77$50.0029.1%8.4%26.2%27.4%29.3%5.8%0.8%-30.5K1.2M-14.9K0.0886.41N/AN/A7561,7581,469
2021-08-12$51.73$50.0028.6%8.2%26.2%25.7%30.5%2.9%1.1%-34.9K1.1M-14.3K0.1591.37N/AN/A2031,7641,447
2021-08-13$51.42$50.0027.2%7.8%24.9%21.4%25.1%5.5%1.9%-35.0K1.0M-14.3K1.6482.23N/AN/A11181,8291,441
2021-08-16$50.89$50.0028.1%8.1%21.6%24.2%28.2%3.1%1.8%-52.5K1.3M-13.5K1.6784.06N/AN/A351,8251,441
2021-08-17$49.73$50.0028.6%8.2%22.2%25.9%28.0%5.9%1.5%-68.1K2.0M-13.2K1.7080.05N/AN/A601021,8221,447
2021-08-18$49.75$50.0029.0%8.3%21.7%27.1%29.0%1.7%1.0%-74.4K2.1M-13.0K0.5982.09N/AN/A41241,8211,450
2021-08-19$49.33$50.0030.5%8.8%21.8%31.7%31.9%2.9%-0.5%-78.2K2.4M-13.6K5.1681.75N/AN/A19981,8341,514
2021-08-20$49.55$50.0027.9%8.0%20.8%23.5%30.6%4.8%0.5%-54.4K2.6M-13.7K9.8375.28N/AN/A6591,8481,528
2021-08-23$50.22$50.0025.3%7.2%21.6%15.5%25.3%3.8%1.8%-56.7K1.2M-13.9K0.1581.68N/AN/A119181,0341,166
2021-08-24$50.77$50.0025.4%7.3%21.1%16.1%28.8%4.4%1.8%-50.5K988.0K-13.8K0.2983.56N/AN/A51151,0381,170
2021-08-25$51.42$50.0024.6%7.1%19.8%13.5%24.5%15.9%2.2%-37.0K652.5K-14.0K0.2189.01N/AN/A57121,0751,187
2021-08-26$51.16$50.0024.9%7.1%18.0%14.4%21.6%20.1%1.9%-39.0K766.1K-14.3K0.9186.80N/AN/A11101,0991,202
2021-08-27$52.76$50.0019.9%5.7%20.2%0.0%21.9%5.9%4.4%-6.8K-170.6K-13.8K1.1693.31N/AN/A37431,1391,203
2021-08-30$52.36$50.0024.4%7.0%20.3%13.7%24.6%3.7%1.7%-11.2K14.1K-13.6K3.4090.69N/AN/A10341,1441,203
2021-08-31$52.10$50.0024.5%7.0%20.3%14.1%23.9%7.7%0.2%-11.6K195.7K-13.3K0.4890.27N/AN/A23111,1691,211