PCH Options History — October 2023

In October 2023, PCH traded between $42.02 and $45.84. ATM implied volatility averaged 27.8%, placing in the 17.9% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 11.0% (HV 20d: 16.7%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.38.

Notable Days

  • 2023-10-23: Highest Volume — 39 contracts
  • 2023-10-27: Largest IV spike — 75.8% change
  • 2023-10-31: Highest IV Rank — 50.9%
  • 2023-10-31: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.29$42.02$45.84$45.32$42.83
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV27.8%19.6%47.1%24.1%47.1%
Expected Move8.1%5.6%13.5%6.9%13.5%
HV 20d16.7%13.4%19.8%17.9%19.8%
HV 60d18.5%17.8%19.2%18.4%18.8%
IV Rank17.9%3.9%50.9%11.6%50.9%
IV Percentile30.6%1.2%89.3%13.9%89.3%
Term Structure-1.0%-34.1%11.9%2.8%-34.1%
VWIV31.1%23.2%47.0%23.2%47.0%
Skew 25d7.5%1.2%19.4%4.8%1.2%
Skew 10d11.2%-6.3%25.4%6.9%17.8%
Call IV 25d25.9%19.0%42.0%19.2%42.0%
Put IV 25d33.4%24.0%55.8%24.0%43.2%
Bid-Ask Spread %71.4328.8499.5494.6492.76
Gamma HHI0.540.420.680.590.65
Net GEX50.1K5.8K78.5K65.1K42.1K
Net DEX-276.7K-539.3K12.4K-423.2K-304.1K
Net VEX-2.3K-3.3K-1.1K-3.0K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.006.000.000.08
Total Volume11.1360392014
Total OI811.5714858824758

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$45.32$45.0024.1%6.9%17.9%11.6%23.2%4.8%2.8%65.1K-423.2K-3.0K0.0094.64N/AN/A20074084
2023-10-03$44.91$45.0025.4%7.3%15.4%13.8%0.0%3.0%2.4%60.6K-378.9K-2.9K0.0098.97N/AN/A0074684
2023-10-04$45.56$45.0025.0%7.2%16.4%13.1%0.0%5.8%2.8%70.4K-507.7K-3.3K0.0098.94N/AN/A3074684
2023-10-05$45.39$45.0025.5%8.2%16.4%13.9%27.9%5.3%-1.0%67.4K-470.3K-3.1K0.5058.72N/AN/A4274584
2023-10-06$45.50$45.0024.4%7.9%16.5%12.2%27.5%4.9%-0.8%69.3K-469.1K-3.1K6.0067.28N/AN/A1674684
2023-10-09$45.52$45.0025.9%8.1%16.5%14.7%28.1%4.8%-1.0%67.1K-411.5K-2.8K0.3357.08N/AN/A9374690
2023-10-10$45.12$45.0023.3%7.7%16.6%10.1%28.8%5.0%-0.3%65.0K-354.1K-2.6K0.0043.29N/AN/A6075088
2023-10-11$45.38$45.0026.8%7.7%16.8%16.1%26.4%4.9%-0.6%69.3K-408.3K-2.6K0.0073.65N/AN/A24075088
2023-10-12$45.05$45.0026.2%7.5%13.5%15.1%0.0%5.1%0.0%66.0K-339.9K-2.5K0.0036.05N/AN/A1076288
2023-10-13$44.76$45.0027.1%7.8%13.4%16.8%0.0%4.4%-0.8%62.8K-290.8K-2.4K0.0055.07N/AN/A5076388
2023-10-16$45.84$45.0026.9%7.7%16.4%16.4%0.0%5.8%-0.8%78.5K-539.3K-2.7K0.0028.84N/AN/A4076688
2023-10-17$45.53$45.0026.6%7.6%14.9%15.9%0.0%4.9%-0.7%77.8K-454.4K-2.5K0.0066.50N/AN/A5077088
2023-10-18$44.44$45.0027.1%7.8%15.5%16.6%0.0%6.9%-3.4%61.3K-198.2K-2.3K0.0039.03N/AN/A4077088
2023-10-19$44.09$45.0029.2%8.4%15.6%20.4%0.0%8.8%-6.3%51.1K-95.7K-1.9K0.0042.43N/AN/A4076688
2023-10-20$43.52$45.0031.1%8.9%16.1%23.5%0.0%19.2%-1.3%28.9K-75.7K-2.0K0.2587.71N/AN/A4176687
2023-10-23$42.93$45.0030.5%8.8%16.6%22.6%0.0%15.4%3.0%25.2K-119.7K-1.7K0.0099.54N/AN/A39064965
2023-10-24$43.09$45.0021.0%6.0%16.7%6.3%38.3%3.1%2.4%25.8K-108.1K-1.6K0.0094.46N/AN/A8068865
2023-10-25$42.02$45.0032.6%9.4%18.3%26.2%0.0%19.4%10.8%9.9K-9.6K-1.4K0.0090.10N/AN/A4069265
2023-10-26$42.69$45.0019.6%5.6%19.6%3.9%0.0%8.6%11.9%8.9K-9.5K-1.3K0.0082.58N/AN/A32069265
2023-10-27$42.38$45.0034.5%9.9%19.5%29.4%26.6%8.1%4.9%5.8K12.4K-1.1K0.7380.06N/AN/A11868065
2023-10-30$42.60$45.0031.1%8.9%19.7%23.6%37.2%15.8%-11.7%23.1K-132.2K-1.7K0.1583.78N/AN/A20367165
2023-10-31$42.83$45.0047.1%13.5%19.8%50.9%47.0%1.2%-34.1%42.1K-304.1K-2.0K0.0892.76N/AN/A13169167