PCH Options History — June 2022

In June 2022, PCH traded between $44.03 and $52.90. ATM implied volatility averaged 35.0%, placing in the 57.4% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded below realized volatility by 6.5% (HV 20d: 41.4%). Max pain ranged from $45.00 to $55.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.47.

Notable Days

  • 2022-06-08: Highest Volume — 396 contracts
  • 2022-06-13: Largest IV spike — 40.9% change
  • 2022-06-13: Highest IV Rank — 89.3%
  • 2022-06-13: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.53$44.03$52.90$51.89$44.06
Max Pain$50.95$45.00$55.00$50.00$45.00
ATM IV35.0%27.4%46.2%36.7%33.0%
Expected Move9.9%8.0%13.3%10.5%9.5%
HV 20d41.4%36.1%46.4%40.5%37.7%
HV 60d34.7%31.9%36.8%32.0%36.1%
IV Rank57.4%35.8%89.3%62.3%51.8%
IV Percentile89.8%58.3%99.6%97.6%85.7%
Term Structure0.4%-9.4%20.4%-3.8%2.4%
VWIV34.6%28.3%43.5%35.0%34.3%
Skew 25d7.6%4.7%10.6%7.6%10.5%
Skew 10d13.6%6.0%28.0%14.6%17.1%
Call IV 25d31.8%28.0%38.3%31.6%30.3%
Put IV 25d39.4%32.6%48.9%39.2%40.8%
Bid-Ask Spread %77.8771.7686.5986.5978.89
Gamma HHI0.270.160.470.220.34
Net GEX10.2K-58.1K97.8K55.7K-31.0K
Net DEX-130.4K-1.4M611.5K-917.4K425.8K
Net VEX-4.8K-7.1K-3.1K-6.1K-3.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.200.690.520.61
Total Volume311.19256396291310
Total OI1,280.9051,1621,4361,1621,219

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-06-01$51.89$50.0036.7%10.5%40.5%62.3%35.0%7.6%-3.8%55.7K-917.4K-6.1K0.5286.59N/AN/A19299930232
2022-06-02$52.27$50.0038.3%9.6%37.7%66.6%31.0%7.2%-1.8%77.7K-1.2M-7.0K0.2275.29N/AN/A22248957233
2022-06-03$51.24$50.0035.7%9.2%36.1%59.3%31.4%5.5%-0.0%59.4K-916.7K-6.3K0.2076.60N/AN/A24049967237
2022-06-06$52.77$50.0031.3%8.5%37.6%47.0%28.3%6.0%2.7%91.4K-1.4M-7.1K0.4376.18N/AN/A244106978241
2022-06-07$52.90$55.0027.4%8.0%37.1%35.8%28.3%4.7%3.4%97.8K-1.3M-7.0K0.2877.54N/AN/A25070997249
2022-06-08$51.41$55.0031.9%9.1%38.2%48.6%29.8%7.1%-0.6%63.2K-898.6K-6.3K0.5279.42N/AN/A2611351,006249
2022-06-09$50.88$55.0032.4%9.3%37.4%50.1%30.7%6.5%-0.7%43.6K-642.3K-6.3K0.5075.07N/AN/A237119999325
2022-06-10$48.71$55.0032.8%9.4%40.2%51.2%37.9%6.8%0.6%13.5K-203.2K-5.7K0.6975.89N/AN/A194134999331
2022-06-13$45.46$55.0046.2%13.3%46.4%89.3%43.5%10.6%-9.4%-7.1K374.4K-4.3K0.2472.07N/AN/A20650989368
2022-06-14$45.62$50.0041.2%11.8%46.3%75.0%38.8%10.1%-3.3%-2.6K332.7K-4.3K0.4779.43N/AN/A200931,003375
2022-06-15$46.00$55.0038.0%10.9%43.0%66.0%36.3%7.7%-2.4%-16.7K358.2K-4.3K0.4479.24N/AN/A2301021,009419
2022-06-16$44.41$50.0039.0%11.2%43.6%68.8%38.0%8.2%-1.2%-22.7K611.5K-4.0K0.5674.47N/AN/A1951091,005424
2022-06-17$45.07$55.0036.9%10.6%44.1%62.8%35.9%8.2%-0.6%-58.1K505.5K-4.0K0.4883.59N/AN/A191921,003433
2022-06-21$45.70$50.0034.9%10.0%44.8%57.2%34.8%8.3%-1.0%-9.1K187.6K-3.8K0.5176.14N/AN/A19096871328
2022-06-22$45.34$50.0034.1%9.8%44.6%54.7%34.4%9.1%0.1%-23.8K349.5K-3.8K0.5282.35N/AN/A203105877387
2022-06-23$44.78$50.0034.0%9.8%44.6%54.7%36.5%7.1%2.6%-16.3K299.6K-3.2K0.5479.62N/AN/A200107866325
2022-06-24$45.72$50.0030.3%8.7%45.2%43.9%35.2%6.7%20.4%-17.5K211.2K-3.7K0.5578.58N/AN/A194107874386
2022-06-27$45.48$50.0032.9%9.4%44.7%51.4%34.4%6.1%0.9%-22.2K215.0K-3.6K0.5579.89N/AN/A198108883382
2022-06-28$44.32$45.0033.8%9.7%43.1%54.0%35.6%4.7%0.2%-28.6K374.0K-3.3K0.5571.76N/AN/A198108891381
2022-06-29$44.03$45.0033.8%9.7%37.5%53.9%36.1%10.5%0.8%-31.4K450.5K-3.1K0.4676.61N/AN/A235108889382
2022-06-30$44.06$45.0033.0%9.5%37.7%51.8%34.3%10.5%2.4%-31.0K425.8K-3.3K0.6178.89N/AN/A193117837382