PCH Options History — August 2022

In August 2022, PCH traded between $46.42 and $49.65. ATM implied volatility averaged 25.5%, placing in the 34.0% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 1.1% (HV 20d: 24.3%). Max pain ranged from $45.00 to $46.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 0.54.

Notable Days

  • 2022-08-01: Highest Volume — 230 contracts
  • 2022-08-30: Largest IV spike — 38.6% change
  • 2022-08-30: Highest IV Rank — 80.3%
  • 2022-08-30: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.92$46.42$49.65$49.60$46.44
Max Pain$45.13$45.00$46.00$46.00$45.00
ATM IV25.5%20.0%40.1%21.0%31.1%
Expected Move7.3%5.7%11.5%6.0%8.9%
HV 20d24.3%17.6%28.6%17.6%28.0%
HV 60d32.0%29.4%33.4%33.4%29.4%
IV Rank34.0%16.6%80.3%19.7%51.8%
IV Percentile39.7%6.3%99.2%11.1%76.2%
Term Structure0.4%-2.8%2.9%0.8%-2.6%
VWIV26.3%22.1%34.4%24.9%31.7%
Skew 25d6.8%3.4%27.0%5.7%5.9%
Skew 10d17.4%6.7%46.1%8.5%16.4%
Call IV 25d22.2%14.7%28.4%19.7%28.3%
Put IV 25d29.0%24.3%42.8%25.4%34.2%
Bid-Ask Spread %88.7670.84104.2191.04104.21
Gamma HHI0.360.200.610.260.35
Net GEX29.8K4.6K69.2K40.2K17.5K
Net DEX-494.0K-923.1K-244.1K-805.2K-244.1K
Net VEX-2.2K-2.7K-1.8K-2.7K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.003.000.300.64
Total Volume660230230100
Total OI9404431,1981,137528

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$49.60$46.0021.0%6.0%17.6%19.7%24.9%5.7%0.8%40.2K-805.2K-2.7K0.3091.04N/AN/A17753861276
2022-08-02$48.53$46.0021.2%6.1%19.9%20.6%23.7%3.8%0.5%30.7K-599.4K-2.6K0.3295.59N/AN/A16853877276
2022-08-03$48.51$46.0020.0%5.7%19.9%16.6%23.0%4.2%1.7%29.4K-590.0K-2.6K0.2997.00N/AN/A16849874277
2022-08-04$47.05$45.0025.9%7.8%23.1%35.5%26.6%5.2%-0.5%8.1K-347.3K-2.4K0.3280.53N/AN/A16853874278
2022-08-05$47.09$45.0024.1%7.5%23.1%29.7%25.7%4.3%0.5%4.6K-314.6K-2.2K0.4585.20N/AN/A10648875284
2022-08-08$47.58$45.0026.0%6.7%22.7%35.6%25.6%4.7%2.3%14.4K-421.6K-2.2K0.5070.84N/AN/A10351884284
2022-08-09$47.07$45.0026.2%7.7%23.2%36.3%0.0%4.7%-0.3%5.9K-332.9K-2.0K0.0075.25N/AN/A40895284
2022-08-10$48.04$45.0022.3%6.4%24.0%23.8%0.0%4.8%2.6%23.9K-518.3K-2.2K0.0083.93N/AN/A80899284
2022-08-11$48.34$45.0022.9%6.6%22.7%25.8%22.1%5.7%2.5%30.4K-592.8K-2.3K0.2586.54N/AN/A82897284
2022-08-12$48.90$45.0021.6%6.2%22.7%21.8%0.0%6.3%2.9%47.2K-692.7K-2.3K0.0087.57N/AN/A50905284
2022-08-15$49.03$45.0022.5%6.5%22.4%24.7%22.6%6.3%1.9%50.5K-741.1K-2.2K0.0090.07N/AN/A40909284
2022-08-16$49.65$45.0023.5%6.7%21.2%27.7%0.0%8.6%1.7%69.2K-923.1K-2.5K0.2792.47N/AN/A113913284
2022-08-17$48.15$45.0024.1%6.9%23.9%29.7%34.4%9.3%1.1%31.0K-611.2K-2.2K3.0091.86N/AN/A13915283
2022-08-18$49.38$45.0022.9%6.6%25.3%25.8%24.7%7.5%-0.0%65.9K-684.4K-2.2K0.5092.21N/AN/A63907283
2022-08-19$48.57$45.0024.2%6.9%26.1%30.1%23.6%6.3%0.4%26.7K-547.9K-2.0K0.0287.74N/AN/A641910284
2022-08-22$47.22$45.0029.6%8.5%28.2%47.1%25.3%4.3%-2.4%29.7K-358.7K-2.0K0.0985.04N/AN/A33338558
2022-08-23$47.26$45.0029.9%8.6%26.9%48.2%29.8%5.1%-2.8%30.7K-365.9K-2.1K3.0082.75N/AN/A3940769
2022-08-24$47.38$45.0029.1%8.3%26.8%45.6%28.8%3.8%-2.2%29.6K-360.2K-2.2K0.4083.00N/AN/A10440778
2022-08-25$48.20$45.0023.2%6.6%27.4%26.8%0.0%4.2%-2.2%38.6K-452.9K-2.4K0.2987.64N/AN/A7241782
2022-08-26$46.81$45.0025.2%7.2%28.6%33.3%0.0%3.4%2.5%27.2K-331.1K-2.2K0.0095.79N/AN/A0042484
2022-08-29$46.42$45.0028.9%8.3%28.3%44.9%28.9%14.4%-1.3%15.2K-255.6K-2.2K0.4095.14N/AN/A52427103
2022-08-30$46.93$45.0040.1%11.5%27.8%80.3%0.0%27.0%2.8%19.8K-270.9K-1.8K0.82100.09N/AN/A119422105
2022-08-31$46.44$45.0031.1%8.9%28.0%51.8%31.7%5.9%-2.6%17.5K-244.1K-2.0K0.64104.21N/AN/A6139419109