PCH Options History — August 2024

In August 2024, PCH traded between $40.40 and $44.24. ATM implied volatility averaged 25.2%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded below realized volatility by 6.4% (HV 20d: 31.6%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 6.40.

Notable Days

  • 2024-08-16: Highest Volume — 202 contracts
  • 2024-08-28: Largest IV spike — 105.3% change
  • 2024-08-07: Highest IV Rank — 55.1%
  • 2024-08-29: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.18$40.40$44.24$43.28$43.30
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV25.2%14.6%46.7%21.5%27.8%
Expected Move6.6%4.2%8.8%6.2%8.0%
HV 20d31.6%25.7%37.0%33.0%33.8%
HV 60d26.2%24.1%29.9%24.3%29.9%
IV Rank17.2%0.0%55.1%10.4%23.0%
IV Percentile46.9%0.0%97.2%23.4%74.2%
Term Structure-0.5%-6.6%12.6%-1.0%-1.4%
VWIV23.3%18.5%34.6%21.9%23.6%
Skew 25d8.9%-4.5%41.6%-4.5%6.2%
Skew 10d17.5%-3.8%59.9%-3.8%3.8%
Call IV 25d20.9%13.6%53.2%24.2%21.1%
Put IV 25d29.7%19.7%76.1%19.7%27.2%
Bid-Ask Spread %89.9572.68110.9386.74110.93
Gamma HHI0.500.410.760.590.44
Net GEX-6.6K-153.8K76.6K76.6K4.7K
Net DEX-242.7K-874.1K347.2K-482.1K-681.1K
Net VEX-5.3K-7.2K-3.4K-4.1K-6.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.400.00100.000.250.60
Total Volume46.4093202258
Total OI1,207.3649461,4811,1531,202

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$43.28$40.0021.5%6.2%33.0%10.4%21.9%-4.5%-1.0%76.6K-482.1K-4.1K0.2586.74N/AN/A205682471
2024-08-02$43.05$40.0022.5%6.4%33.3%12.1%34.6%1.8%-0.4%62.9K-374.1K-4.1K0.4872.68N/AN/A2110697474
2024-08-05$43.02$40.0025.4%7.4%33.4%17.2%0.0%9.3%0.0%58.1K-345.9K-4.1K0.0082.33N/AN/A028693471
2024-08-06$42.97$40.0026.6%6.2%33.1%19.4%20.3%7.1%2.0%56.6K-400.1K-4.0K0.0084.48N/AN/A100693469
2024-08-07$42.38$40.0046.7%7.9%33.8%55.1%0.0%6.3%-3.1%4.0K-170.3K-3.6K1.0087.22N/AN/A22693469
2024-08-08$41.80$40.0032.7%7.5%30.1%30.2%20.6%6.4%-1.1%-17.5K34.0K-3.4K6.2375.18N/AN/A22137694469
2024-08-09$41.77$40.0025.3%7.0%30.1%17.1%24.5%5.6%12.6%-52.0K71.9K-3.4K0.0582.07N/AN/A955710568
2024-08-12$40.56$40.0032.9%6.8%32.2%30.7%23.9%10.6%-0.4%-109.7K347.2K-4.1K0.2297.77N/AN/A327805572
2024-08-13$41.11$40.0030.2%6.7%29.4%25.8%24.0%11.0%-0.5%-80.9K45.9K-4.2K0.1595.24N/AN/A203835573
2024-08-14$40.40$40.0022.5%6.5%27.6%12.1%22.5%1.7%-0.3%-153.8K215.5K-4.2K0.5492.82N/AN/A2413855576
2024-08-15$41.20$40.0021.6%6.2%28.7%10.4%22.0%9.2%-1.6%-6.8K-59.2K-4.4K0.1399.75N/AN/A324875576
2024-08-16$41.55$40.0021.3%6.1%28.8%10.1%0.0%8.2%-1.5%5.5K-358.1K-4.1K100.00101.13N/AN/A2200904577
2024-08-19$41.48$40.0021.2%6.1%28.8%9.8%21.1%7.4%-1.4%-15.7K27.9K-6.0K0.2795.22N/AN/A8824441505
2024-08-20$41.00$40.0021.7%6.2%27.9%10.7%21.7%11.0%-2.2%-13.3K78.9K-6.9K0.1076.49N/AN/A313528510
2024-08-21$41.32$40.0021.1%6.0%27.8%9.6%21.1%7.0%-1.3%-6.7K-52.3K-7.0K2.0090.88N/AN/A12555511
2024-08-22$41.02$40.0021.3%6.1%25.7%10.0%0.0%18.5%-1.3%-12.2K50.1K-7.0K15.0091.42N/AN/A460554513
2024-08-23$44.24$40.0018.5%5.3%36.7%4.9%18.5%41.6%-0.9%27.6K-874.1K-6.6K0.4291.11N/AN/A3615556573
2024-08-26$43.70$40.0018.5%5.3%37.0%5.0%24.6%3.8%-0.3%10.9K-730.5K-7.1K0.0083.58N/AN/A240585583
2024-08-27$43.06$40.0014.6%4.2%35.1%0.0%27.9%0.4%0.7%1.5K-577.0K-7.1K0.33103.64N/AN/A31589583
2024-08-28$42.78$40.0029.9%8.6%35.1%26.8%23.6%3.5%-1.9%-2.0K-479.5K-7.2K6.6782.70N/AN/A320592583
2024-08-29$43.04$40.0030.7%8.8%33.8%28.1%0.0%23.0%-6.6%16.2K-625.8K-6.7K0.0095.59N/AN/A40595603
2024-08-30$43.30$40.0027.8%8.0%33.8%23.0%0.0%6.2%-1.4%4.7K-681.1K-6.7K0.60110.93N/AN/A53599603