PCH Options History — January 2022

In January 2022, PCH traded between $51.57 and $59.20. ATM implied volatility averaged 27.9%, placing in the 32.2% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded below realized volatility by 9.3% (HV 20d: 37.3%). Max pain ranged from $51.00 to $56.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.39.

Notable Days

  • 2022-01-31: Highest Volume — 573 contracts
  • 2022-01-04: Largest IV spike — 125.0% change
  • 2022-01-04: Highest IV Rank — 61.3%
  • 2022-01-04: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.44$51.57$59.20$58.36$52.95
Max Pain$51.75$51.00$56.00$56.00$51.00
ATM IV27.9%15.6%39.0%17.3%37.0%
Expected Move8.4%5.0%11.2%5.0%10.6%
HV 20d37.3%32.1%42.6%40.5%32.7%
HV 60d34.0%31.6%35.1%33.2%31.6%
IV Rank32.2%0.0%61.3%0.1%57.7%
IV Percentile45.9%0.0%90.5%0.4%90.5%
Term Structure-2.9%-33.3%7.0%7.0%-8.1%
VWIV29.6%17.4%38.9%17.4%36.0%
Skew 25d4.6%-0.7%10.8%3.6%5.7%
Skew 10d11.0%0.5%23.3%0.5%12.4%
Call IV 25d27.1%17.4%33.1%17.4%33.1%
Put IV 25d31.7%21.0%39.5%21.0%38.7%
Bid-Ask Spread %83.1866.92102.0092.4666.93
Gamma HHI0.330.230.400.370.38
Net GEX128.2K56.1K206.3K171.6K100.6K
Net DEX-2.1M-4.1M-407.7K-3.6M-1.2M
Net VEX-6.9K-7.7K-5.4K-7.4K-7.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.210.620.400.23
Total Volume302.8232573238573
Total OI1,520.351,2351,7261,4191,553

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$58.36$56.0017.3%5.0%40.5%0.1%17.4%3.6%7.0%171.6K-3.6M-7.4K0.4092.46N/AN/A170681,064355
2022-01-04$58.56$56.0039.0%11.2%38.4%61.3%28.0%0.8%-33.3%160.3K-3.6M-7.7K0.61102.00N/AN/A1731061,063358
2022-01-05$56.81$56.0020.7%5.9%39.5%9.7%21.7%1.1%4.4%156.4K-2.8M-7.4K0.4598.49N/AN/A164741,057378
2022-01-06$57.09$51.0021.4%7.7%39.5%11.5%27.2%1.5%-0.4%150.4K-2.9M-7.7K0.3979.44N/AN/A171661,058408
2022-01-07$56.49$51.0020.8%7.7%39.5%9.8%27.5%2.0%-0.9%151.3K-2.6M-7.7K0.5079.14N/AN/A169851,064410
2022-01-10$56.89$51.0024.5%7.9%39.0%20.2%28.5%2.1%-1.3%150.6K-2.7M-7.5K0.4080.14N/AN/A173691,072434
2022-01-11$58.43$51.0015.6%7.1%40.5%0.0%28.9%4.6%0.0%153.7K-3.5M-7.4K0.4382.08N/AN/A162701,068436
2022-01-12$58.70$51.0025.0%7.2%39.6%25.4%27.0%3.1%-0.6%172.4K-3.8M-7.0K0.2582.16N/AN/A265661,119439
2022-01-13$59.20$51.0024.9%7.1%39.4%25.1%29.0%3.5%-0.2%206.3K-4.1M-7.2K0.4080.46N/AN/A179721,177439
2022-01-14$57.10$51.0026.7%7.6%41.2%29.9%28.4%-0.7%-0.9%172.3K-3.0M-7.3K0.2181.96N/AN/A324691,176448
2022-01-18$55.09$51.0028.1%8.1%42.6%33.8%30.4%5.0%0.2%144.6K-1.6M-7.0K0.4183.75N/AN/A199821,241449
2022-01-19$54.77$51.0027.8%8.0%41.0%33.0%29.9%4.8%-1.8%121.9K-1.3M-6.8K0.6283.23N/AN/A1851151,238476
2022-01-20$53.38$51.0026.7%7.7%34.8%30.1%32.4%10.8%-1.9%87.1K-800.5K-6.5K0.4987.89N/AN/A185911,243483
2022-01-21$52.16$51.0032.5%9.3%32.1%45.5%33.1%6.5%-0.8%56.1K-407.7K-5.5K0.4982.78N/AN/A162791,243477
2022-01-24$53.51$51.0031.3%9.0%33.7%42.2%30.9%9.3%-2.0%71.3K-1.1M-6.1K0.2687.15N/AN/A25266915320
2022-01-25$52.91$51.0035.1%10.1%33.3%52.7%31.2%7.3%-6.2%89.9K-928.5K-5.9K0.2185.22N/AN/A306651,048321
2022-01-26$51.57$51.0033.0%9.5%32.9%46.9%31.4%7.8%-2.4%68.3K-599.8K-5.4K0.3583.08N/AN/A196691,074329
2022-01-27$51.82$51.0034.8%10.0%32.1%51.9%33.5%6.6%-1.4%76.2K-769.7K-5.9K0.3278.30N/AN/A293951,071334
2022-01-28$52.94$51.0036.7%10.5%33.4%56.8%38.9%7.2%-7.2%103.7K-1.3M-7.4K0.2966.92N/AN/A270781,196373
2022-01-31$52.95$51.0037.0%10.6%32.7%57.7%36.0%5.7%-8.1%100.6K-1.2M-7.0K0.2366.93N/AN/A4661071,175378