PCH Options History — September 2022

In September 2022, PCH traded between $39.63 and $48.13. ATM implied volatility averaged 33.4%, placing in the 54.1% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded below realized volatility by 0.2% (HV 20d: 33.6%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 7.52.

Notable Days

  • 2022-09-21: Highest Volume — 524 contracts
  • 2022-09-12: Largest IV spike — 87.0% change
  • 2022-09-12: Highest IV Rank — 100.0%
  • 2022-09-14: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.80$39.63$48.13$46.75$41.20
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV33.4%26.8%50.3%31.1%37.9%
Expected Move8.8%6.5%11.4%8.9%10.9%
HV 20d33.6%26.1%40.6%26.1%40.6%
HV 60d28.3%24.3%30.8%29.4%30.8%
IV Rank54.1%33.9%100.0%52.1%65.3%
IV Percentile77.4%49.6%100.0%76.2%96.0%
Term Structure1.1%-11.8%16.0%-2.2%0.8%
VWIV31.5%24.1%39.7%31.2%35.9%
Skew 25d6.5%-3.1%20.7%3.8%7.3%
Skew 10d13.0%-4.8%25.8%4.0%16.1%
Call IV 25d28.6%20.6%37.1%27.4%34.2%
Put IV 25d35.1%27.0%44.7%31.2%41.5%
Bid-Ask Spread %94.5184.01115.5999.8393.17
Gamma HHI0.420.260.640.370.53
Net GEX-11.7K-69.8K42.0K22.4K-50.6K
Net DEX-250.1K-1.1M294.5K-309.1K-75.0K
Net VEX-2.9K-5.1K-1.6K-2.2K-4.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.520.35103.800.560.88
Total Volume98.667052414137
Total OI979.2865411,5775411,555

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$46.75$45.0031.1%8.9%26.1%52.1%31.2%3.8%-2.2%22.4K-309.1K-2.2K0.5699.83N/AN/A95425116
2022-09-02$45.67$45.0029.3%8.4%27.3%46.0%29.3%6.0%-1.1%10.4K-195.4K-1.9K3.00106.74N/AN/A515430116
2022-09-06$46.09$45.0032.8%8.3%27.2%57.2%29.5%4.7%1.2%8.7K-217.6K-2.0K0.7984.01N/AN/A6350427131
2022-09-07$46.72$45.0032.2%8.0%27.5%55.3%27.8%4.4%1.7%14.2K-263.1K-2.1K0.8685.57N/AN/A5850430142
2022-09-08$46.45$45.0029.9%7.7%26.5%48.1%0.0%4.9%1.4%6.8K-223.1K-2.0K0.0088.13N/AN/A00430143
2022-09-09$47.52$45.0026.9%6.5%27.7%38.5%24.1%4.0%2.2%27.3K-356.1K-2.1K0.3588.43N/AN/A238430143
2022-09-12$48.13$45.0050.3%6.7%27.8%100.0%27.6%5.1%2.2%42.0K-466.5K-2.3K2.0089.84N/AN/A12447139
2022-09-13$45.51$45.0043.0%8.1%33.9%79.6%28.3%5.7%1.4%-6.8K-133.2K-1.8K0.8686.69N/AN/A5648448141
2022-09-14$46.35$45.0039.6%11.4%34.4%69.9%31.0%20.7%-11.8%16.0K-218.5K-1.7K1.8690.48N/AN/A2139449143
2022-09-15$45.17$45.0026.8%7.7%33.9%33.9%26.7%14.5%1.8%-10.5K-43.3K-1.6K0.0087.52N/AN/A021468179
2022-09-16$43.48$45.0028.3%8.1%34.3%38.2%26.7%7.4%0.9%4.3K-721.4K-1.7K1.3392.11N/AN/A5168685327
2022-09-19$44.36$45.0027.4%7.8%35.3%35.4%27.6%6.8%1.6%11.4K-1.1M-1.6K0.6491.84N/AN/A9158607242
2022-09-20$42.24$45.0032.4%9.3%37.8%49.8%32.4%4.5%-0.6%12.1K-973.1K-1.8K12.5791.75N/AN/A14176686266
2022-09-21$41.96$45.0027.4%7.9%37.8%35.7%39.7%1.7%0.4%2.5K-885.0K-2.3K103.80102.23N/AN/A5519685399
2022-09-22$41.70$45.0027.7%7.9%37.6%36.5%29.5%7.8%16.0%-53.5K-90.6K-5.1K0.0095.39N/AN/A02689886
2022-09-23$40.36$45.0028.8%8.3%37.7%39.7%29.1%-3.1%6.6%-69.8K209.8K-5.1K2.57115.59N/AN/A2154689888
2022-09-26$39.65$45.0036.9%10.6%37.0%62.2%37.1%6.7%-0.2%-61.9K282.9K-4.8K0.67114.07N/AN/A6443687857
2022-09-27$39.63$45.0037.9%10.9%37.1%65.2%39.6%7.5%-0.4%-59.2K294.5K-4.9K0.8495.23N/AN/A5546694849
2022-09-28$40.74$45.0037.1%10.6%38.7%62.9%38.4%8.1%0.4%-54.3K39.7K-5.0K0.8792.99N/AN/A5245694849
2022-09-29$40.05$45.0037.9%10.9%38.9%65.1%39.4%8.0%0.8%-56.8K189.3K-5.0K0.8793.10N/AN/A5245705849
2022-09-30$41.20$45.0037.9%10.9%40.6%65.3%35.9%7.3%0.8%-50.6K-75.0K-4.9K0.8893.17N/AN/A7364705850