PCH Options History — May 2024

In May 2024, PCH traded between $40.83 and $44.36. ATM implied volatility averaged 26.0%, placing in the 17.3% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 5.6% (HV 20d: 20.4%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 1.22.

Notable Days

  • 2024-05-23: Highest Volume — 29 contracts
  • 2024-05-23: Largest IV spike — 65.8% change
  • 2024-05-13: Highest IV Rank — 74.1%
  • 2024-05-30: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.94$40.83$44.36$40.83$42.88
Max Pain$41.82$40.00$45.00$45.00$45.00
ATM IV26.0%15.7%57.7%24.8%23.1%
Expected Move5.8%4.5%9.5%7.1%6.6%
HV 20d20.4%16.1%29.2%26.6%16.4%
HV 60d23.1%21.3%23.8%23.2%21.3%
IV Rank17.3%0.0%74.1%13.3%13.2%
IV Percentile39.1%0.0%98.4%44.4%32.1%
Term Structure0.8%-24.1%5.8%-1.3%5.7%
VWIV19.3%16.2%22.7%22.7%19.7%
Skew 25d4.9%0.9%27.6%4.1%8.7%
Skew 10d9.0%1.1%36.1%7.8%6.0%
Call IV 25d17.7%13.5%21.8%21.8%15.1%
Put IV 25d22.6%18.3%43.9%26.0%23.8%
Bid-Ask Spread %87.9054.59112.6191.64112.61
Gamma HHI0.640.490.740.500.70
Net GEX-64.9K-69.9K-60.1K-63.1K-66.2K
Net DEX1.3M956.4K1.7M1.7M1.4M
Net VEX-6.1K-6.7K-5.2K-5.2K-5.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.004.002.670.00
Total Volume7.364029221
Total OI1,064.5458591,1921,165922

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$40.83$45.0024.8%7.1%26.6%13.3%0.0%4.1%-1.3%-63.1K1.7M-5.2K2.6791.64N/AN/A616498667
2024-05-02$41.31$40.0024.2%6.9%27.3%12.3%0.0%4.7%-0.6%-64.3K1.6M-6.0K0.0092.61N/AN/A60496682
2024-05-03$41.76$40.0022.4%6.4%27.9%9.9%22.7%4.5%0.5%-65.8K1.5M-5.9K0.0094.25N/AN/A04496682
2024-05-06$42.61$40.0030.0%5.7%29.2%23.7%22.0%3.3%3.4%-63.8K1.4M-6.5K0.5089.57N/AN/A21496684
2024-05-07$42.51$40.0029.0%5.6%27.9%21.9%0.0%3.4%3.4%-66.0K1.4M-6.4K0.0065.37N/AN/A012495684
2024-05-08$42.41$40.0039.9%6.4%21.4%41.6%17.7%3.4%0.8%-64.4K1.4M-6.1K0.6767.64N/AN/A32495674
2024-05-09$42.97$40.0038.8%5.4%21.4%39.6%0.0%2.9%3.8%-63.9K1.3M-6.4K0.0068.91N/AN/A00497673
2024-05-10$43.16$40.0046.9%4.9%21.0%54.4%0.0%1.5%3.7%-64.4K1.3M-6.6K0.5054.59N/AN/A42497673
2024-05-13$43.90$40.0057.7%5.2%20.9%74.1%0.0%2.9%2.8%-61.9K1.1M-6.7K0.0072.12N/AN/A00500671
2024-05-14$44.22$40.0019.8%5.1%20.3%5.2%17.8%3.2%3.1%-60.1K989.9K-6.7K4.0095.21N/AN/A520500671
2024-05-15$44.36$40.0016.7%4.8%16.9%0.0%0.0%3.3%3.5%-63.0K956.4K-6.7K3.0096.37N/AN/A26499691
2024-05-16$44.02$40.0016.1%4.6%16.1%0.0%0.0%3.7%1.6%-66.0K1.1M-6.5K0.5098.52N/AN/A21501690
2024-05-17$43.83$40.0016.0%4.6%16.4%0.0%0.0%2.5%1.1%-68.3K1.1M-6.4K0.0098.68N/AN/A00501691
2024-05-20$43.56$40.0016.2%4.6%16.5%0.4%0.0%0.9%1.2%-68.4K1.2M-6.1K0.5493.16N/AN/A137249610
2024-05-21$43.91$40.0016.2%4.7%16.6%0.5%16.2%27.6%1.0%-69.9K1.1M-6.4K1.2576.11N/AN/A45266617
2024-05-22$43.62$45.0016.4%4.7%16.7%0.8%0.0%1.3%1.0%-69.5K1.2M-6.2K0.0075.50N/AN/A00266622
2024-05-23$42.74$45.0027.2%7.8%18.5%20.1%0.0%3.0%-0.2%-65.0K1.4M-5.6K0.00107.27N/AN/A290266622
2024-05-24$42.67$45.0015.7%4.5%18.5%0.0%19.7%3.3%5.5%-64.7K1.5M-5.7K2.0094.60N/AN/A12293622
2024-05-28$42.73$45.0017.0%4.9%18.2%2.4%0.0%4.5%5.8%-65.7K1.4M-5.6K1.50100.29N/AN/A23294624
2024-05-29$42.12$45.0024.4%7.0%17.5%15.5%0.0%11.6%-4.2%-60.8K1.6M-5.2K0.0090.33N/AN/A01294627
2024-05-30$42.46$45.0033.0%9.5%16.5%30.8%0.0%3.6%-24.1%-63.4K1.5M-5.5K0.0098.53N/AN/A00294628
2024-05-31$42.88$45.0023.1%6.6%16.4%13.2%0.0%8.7%5.7%-66.2K1.4M-5.8K0.00112.61N/AN/A10294628