PCH Options History — March 2024

In March 2024, PCH traded between $44.48 and $47.37. ATM implied volatility averaged 27.2%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 3.6% (HV 20d: 23.6%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 1.75.

Notable Days

  • 2024-03-19: Highest Volume — 246 contracts
  • 2024-03-08: Largest IV spike — 70.5% change
  • 2024-03-12: Highest IV Rank — 93.5%
  • 2024-03-04: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.09$44.48$47.37$45.71$47.05
Max Pain$43.00$40.00$45.00$45.00$45.00
ATM IV27.2%19.8%71.9%21.8%19.8%
Expected Move6.3%5.7%7.0%6.3%5.7%
HV 20d23.6%17.2%25.0%17.2%24.3%
HV 60d20.9%19.1%23.4%21.3%19.8%
IV Rank17.4%4.9%93.5%8.3%4.9%
IV Percentile26.5%2.4%99.2%10.7%2.4%
Term Structure2.9%1.0%5.1%1.0%5.1%
VWIV22.2%19.8%28.7%21.6%21.2%
Skew 25d2.8%-0.3%19.0%19.0%1.2%
Skew 10d5.0%-1.8%39.9%39.9%1.8%
Call IV 25d21.0%18.3%23.7%18.8%19.3%
Put IV 25d23.8%20.3%37.8%37.8%20.5%
Bid-Ask Spread %75.3864.3093.0568.0469.61
Gamma HHI0.420.340.480.350.42
Net GEX-22.1K-43.6K6.2K-2.4K-15.0K
Net DEX612.4K195.7K982.6K646.5K422.9K
Net VEX-8.6K-9.2K-8.1K-9.2K-8.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.750.0017.920.450.00
Total Volume23.75024610
Total OI1,111.159991,2831,0591,283

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$45.71$45.0021.8%6.3%17.2%8.3%0.0%19.0%1.0%-2.4K646.5K-9.2K0.0068.04N/AN/A01409650
2024-03-04$47.37$40.0032.8%7.0%20.6%26.8%21.6%3.0%1.8%2.3K195.7K-9.2K0.4571.65N/AN/A115409650
2024-03-05$45.99$40.0024.2%6.9%23.4%12.3%0.0%3.6%2.6%5.7K569.3K-9.0K0.1764.30N/AN/A61409654
2024-03-06$46.34$40.0021.3%6.9%23.2%7.4%21.1%4.5%2.4%6.2K466.2K-9.1K1.0074.58N/AN/A22405655
2024-03-07$46.41$40.0024.4%7.0%23.2%12.7%0.0%3.8%1.9%-23.5K564.6K-8.9K0.0072.99N/AN/A30346653
2024-03-08$47.11$40.0041.6%6.9%23.7%41.9%21.0%3.0%2.2%-17.6K409.5K-8.9K0.2069.56N/AN/A51349652
2024-03-11$47.09$40.0052.5%6.8%23.7%60.4%20.7%2.9%2.5%-16.7K418.3K-8.8K0.0067.91N/AN/A10350652
2024-03-12$46.24$40.0071.9%6.4%24.1%93.5%19.8%1.3%2.7%-24.3K586.4K-8.8K0.0074.83N/AN/A10356652
2024-03-13$45.86$40.0022.0%6.3%22.3%8.6%22.0%-0.3%2.7%-29.7K657.1K-8.6K0.5082.11N/AN/A42356652
2024-03-14$44.60$45.0021.6%6.2%24.6%7.9%0.0%2.6%2.6%-38.4K957.6K-8.3K0.0083.94N/AN/A020358654
2024-03-15$44.77$45.0021.8%6.2%24.5%8.2%28.7%2.8%2.5%-38.7K928.0K-8.3K6.2591.77N/AN/A850358674
2024-03-18$44.48$45.0020.5%5.9%24.4%6.0%20.5%5.6%3.1%-43.6K982.6K-8.1K0.4584.61N/AN/A115346695
2024-03-19$44.95$45.0021.6%6.2%24.1%7.8%28.3%1.4%2.8%-40.3K879.4K-8.2K17.9283.40N/AN/A13233347700
2024-03-20$45.88$45.0021.5%6.2%25.0%7.7%21.5%-0.0%3.0%-36.0K687.1K-8.4K0.0093.05N/AN/A01355883
2024-03-21$46.31$45.0021.3%6.1%25.0%7.4%21.2%0.2%3.5%-29.8K606.2K-8.5K0.0073.15N/AN/A130355884
2024-03-22$46.38$45.0020.8%6.0%25.0%6.6%0.0%-0.1%3.7%-27.2K579.4K-8.5K0.4567.85N/AN/A3114364884
2024-03-25$46.31$45.0021.2%6.1%24.8%7.2%21.1%0.7%3.6%-26.7K590.4K-8.6K0.6371.20N/AN/A85387884
2024-03-26$46.40$45.0021.2%6.1%24.8%7.2%21.2%0.9%3.6%-24.7K565.4K-8.5K0.0071.86N/AN/A160388884
2024-03-27$46.55$45.0019.9%5.7%24.4%4.9%0.0%0.6%4.7%-22.0K534.5K-8.4K0.0071.15N/AN/A20397884
2024-03-28$47.05$45.0019.8%5.7%24.3%4.9%0.0%1.2%5.1%-15.0K422.9K-8.5K0.0069.61N/AN/A00399884