PCH Options History — October 2021

In October 2021, PCH traded between $51.58 and $56.42. ATM implied volatility averaged 25.4%, placing in the 22.9% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 0.1% (HV 20d: 25.3%). Max pain ranged from $55.00 to $55.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.61.

Notable Days

  • 2021-10-26: Highest Volume — 688 contracts
  • 2021-10-07: Largest IV drop — 38.3% change
  • 2021-10-06: Highest IV Rank — 46.6%
  • 2021-10-11: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.47$51.58$56.42$51.58$52.61
Max Pain$55.00$55.00$55.00$55.00$55.00
ATM IV25.4%20.1%33.8%23.6%20.1%
Expected Move7.5%5.8%8.6%6.8%5.8%
HV 20d25.3%21.3%28.8%28.7%25.6%
HV 60d24.7%23.4%26.1%26.1%25.1%
IV Rank22.9%8.0%46.6%17.7%8.0%
IV Percentile17.4%2.0%59.1%6.3%2.0%
Term Structure-0.6%-12.8%12.2%3.8%12.2%
VWIV26.7%23.0%31.3%23.7%28.2%
Skew 25d4.6%-1.1%8.8%0.3%2.2%
Skew 10d11.5%0.5%20.1%2.4%5.4%
Call IV 25d24.1%19.6%28.5%23.5%22.6%
Put IV 25d28.7%23.8%31.6%23.8%24.8%
Bid-Ask Spread %84.0358.9999.0599.0593.62
Gamma HHI0.360.260.800.280.29
Net GEX122.7K-21.3K785.2K-19.3K-5.4K
Net DEX-207.1K-3.1M1.1M1.1M156.0K
Net VEX-8.7K-10.2K-6.7K-10.1K-7.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.054.500.070.26
Total Volume195.7621468815433
Total OI2,517.4292,1402,7742,7102,366

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-10-01$51.58$55.0023.6%6.8%28.7%17.7%23.7%0.3%3.8%-19.3K1.1M-10.1K0.0799.05N/AN/A1411,4491,261
2021-10-04$52.27$55.0026.2%8.4%28.8%25.0%28.9%7.9%-1.9%26.0K750.3K-10.2K0.7787.88N/AN/A26201,4481,262
2021-10-05$51.67$55.0025.3%8.1%28.3%22.5%31.3%5.5%-1.1%-21.3K1.1M-9.4K4.5084.27N/AN/A4181,4491,262
2021-10-06$51.95$55.0033.8%8.1%27.9%46.6%30.3%6.2%-0.8%-2.1K1.0M-9.8K2.0084.93N/AN/A11221,4531,242
2021-10-07$51.95$55.0020.9%7.8%26.9%10.0%25.9%4.9%0.1%-13.6K996.9K-9.2K0.6084.79N/AN/A1061,4561,255
2021-10-08$52.22$55.0025.0%8.3%26.9%21.6%27.1%5.4%-1.7%21.1K808.2K-9.7K0.3180.28N/AN/A1341,4611,262
2021-10-11$52.34$55.0032.3%8.6%26.8%42.4%26.2%7.1%-2.4%21.8K767.8K-9.2K0.1785.07N/AN/A1221,4661,261
2021-10-12$53.80$55.0021.8%7.6%26.1%12.8%27.2%5.7%-0.7%241.4K-341.4K-9.8K0.1682.40N/AN/A4981,4711,263
2021-10-13$54.35$55.0026.5%7.6%23.4%26.0%27.2%5.5%-0.7%374.4K-665.5K-9.1K0.1783.60N/AN/A1221,4731,265
2021-10-14$54.84$55.0025.6%7.3%23.5%23.3%25.5%5.2%-0.8%768.1K-1.4M-9.1K0.0580.93N/AN/A6231,5001,268
2021-10-15$55.34$55.0024.5%7.0%23.2%20.2%25.0%-1.1%-0.4%785.2K-3.1M-8.7K0.1084.44N/AN/A5961,5071,267
2021-10-18$54.09$55.0024.9%7.2%22.9%21.6%23.7%8.8%-1.0%39.9K-566.1K-8.1K0.6585.74N/AN/A40261,0881,052
2021-10-19$53.84$55.0024.2%6.9%22.3%19.6%25.6%3.4%-0.7%37.3K-479.3K-8.1K1.4182.44N/AN/A37521,1061,052
2021-10-20$54.11$55.0024.8%7.1%21.4%21.1%28.0%4.3%-0.9%37.7K-543.2K-8.7K0.2281.79N/AN/A285631,1441,111
2021-10-21$54.35$55.0024.8%7.1%21.3%21.3%29.0%4.6%-0.8%49.5K-682.1K-8.5K0.2284.05N/AN/A279621,1531,116
2021-10-22$55.51$55.0026.1%7.5%22.5%24.8%26.8%5.7%-1.7%83.1K-1.3M-8.5K0.1580.90N/AN/A277421,1601,115
2021-10-25$56.42$55.0027.1%7.8%22.9%27.7%26.4%3.8%-1.2%105.8K-1.7M-8.2K0.2158.99N/AN/A5351101,1551,114
2021-10-26$54.29$55.0029.9%8.6%26.9%35.5%27.6%1.5%-12.8%63.7K-795.7K-8.5K0.2488.53N/AN/A5571311,2371,167
2021-10-27$52.82$55.0020.3%5.8%28.4%8.4%23.0%4.8%1.1%-2.5K206.0K-6.8K0.3583.35N/AN/A2851001,2071,148
2021-10-28$52.49$55.0025.8%7.4%25.7%23.9%24.2%5.3%-0.6%-13.9K338.9K-6.7K0.2987.60N/AN/A335981,2221,152
2021-10-29$52.61$55.0020.1%5.8%25.6%8.0%28.2%2.2%12.2%-5.4K156.0K-7.3K0.2693.62N/AN/A345881,2151,151