PCH Options History — September 2024

In September 2024, PCH traded between $41.48 and $46.02. ATM implied volatility averaged 23.1%, placing in the 14.8% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded below realized volatility by 10.7% (HV 20d: 33.7%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 64.94.

Notable Days

  • 2024-09-23: Highest Volume — 1,004 contracts
  • 2024-09-04: Largest IV spike — 70.8% change
  • 2024-09-05: Highest IV Rank — 48.0%
  • 2024-09-04: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.35$41.48$46.02$43.41$44.81
Max Pain$41.50$40.00$45.00$40.00$45.00
ATM IV23.1%16.0%42.1%16.0%20.6%
Expected Move5.8%4.6%7.8%4.6%5.9%
HV 20d33.7%27.3%38.6%33.8%27.5%
HV 60d31.4%29.7%32.5%29.8%31.4%
IV Rank14.8%2.5%48.0%2.5%10.5%
IV Percentile29.0%1.6%96.0%1.6%17.9%
Term Structure3.1%0.2%4.4%0.2%3.8%
VWIV25.7%17.9%85.9%85.9%20.6%
Skew 25d5.8%0.4%36.6%36.6%0.4%
Skew 10d12.1%0.6%73.1%73.1%0.6%
Call IV 25d18.9%13.0%41.8%41.8%20.4%
Put IV 25d24.6%18.5%78.4%78.4%20.8%
Bid-Ask Spread %87.8560.55104.1996.2690.49
Gamma HHI0.570.430.860.460.86
Net GEX-60.6K-335.1K60.3K22.8K-335.1K
Net DEX-471.8K-1.7M1.3M-725.7K1.3M
Net VEX-7.6K-10.9K-6.2K-6.8K-10.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio64.940.001003.000.200.40
Total Volume66.9501,00467
Total OI1,469.751,0822,0931,2102,093

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$43.41$40.0016.0%4.6%33.8%2.5%85.9%36.6%0.2%22.8K-725.7K-6.8K0.2096.26N/AN/A51604606
2024-09-04$42.70$40.0027.4%7.8%34.4%22.3%0.0%7.7%3.9%-6.3K-455.9K-7.0K0.0096.24N/AN/A60609606
2024-09-05$42.40$40.0042.1%6.6%34.1%48.0%0.0%3.0%2.3%-11.9K-381.9K-7.1K0.0078.73N/AN/A00615606
2024-09-06$42.64$40.0033.7%5.8%33.8%33.4%0.0%3.1%2.5%-7.6K-442.3K-7.1K0.0077.56N/AN/A03615606
2024-09-09$41.48$40.0025.7%6.4%35.3%19.3%22.3%5.9%2.7%-30.6K-75.5K-6.8K22.0087.21N/AN/A244615606
2024-09-10$42.92$40.0040.6%5.7%35.5%45.3%0.0%3.5%2.7%-5.6K-571.0K-6.8K5.0085.48N/AN/A15616633
2024-09-11$42.47$40.0021.1%6.0%35.6%11.3%0.0%3.7%4.4%-12.2K-472.1K-6.5K0.0091.24N/AN/A01615637
2024-09-12$44.60$40.0019.6%5.6%38.6%8.7%19.6%4.2%2.1%41.4K-1.0M-6.5K1.1898.16N/AN/A2833615636
2024-09-13$45.05$40.0019.1%5.5%38.2%7.9%19.1%7.4%3.3%36.8K-1.2M-6.6K0.0687.35N/AN/A352635667
2024-09-16$45.41$40.0019.5%5.6%38.2%8.6%19.5%8.1%2.8%43.2K-1.5M-6.5K0.0098.14N/AN/A50665666
2024-09-17$45.84$40.0020.8%6.0%38.2%10.9%0.0%5.5%2.4%44.4K-1.6M-6.4K0.0096.92N/AN/A360668666
2024-09-18$45.44$40.0019.4%5.5%38.0%8.3%19.0%3.2%2.9%47.8K-1.5M-6.6K4.57104.19N/AN/A732703666
2024-09-19$46.02$40.0019.3%5.5%38.1%8.3%0.0%4.9%3.1%59.4K-1.6M-6.4K0.09103.76N/AN/A434706638
2024-09-20$45.80$40.0017.9%5.1%38.0%5.9%17.9%5.5%4.0%60.3K-1.7M-6.2K0.5597.99N/AN/A116710641
2024-09-23$45.20$45.0019.7%5.7%28.1%9.0%19.7%4.0%3.1%58.7K-1.1M-6.3K1003.0074.97N/AN/A11,003616466
2024-09-24$45.44$45.0019.6%5.6%27.6%8.7%0.0%5.1%3.6%-289.3K644.9K-10.7K1.0060.55N/AN/A226171,468
2024-09-25$44.93$45.0019.6%5.6%27.4%8.7%19.6%1.3%3.9%-309.3K1.2M-10.9K0.5074.11N/AN/A216171,468
2024-09-26$45.27$45.0019.7%5.7%27.3%8.9%0.0%1.7%4.2%-306.7K823.3K-10.6K0.5075.28N/AN/A426191,467
2024-09-27$45.17$45.0020.0%5.7%27.3%9.4%19.9%0.8%4.3%-312.7K901.9K-10.5K0.0082.45N/AN/A056231,470
2024-09-30$44.81$45.0020.6%5.9%27.5%10.5%20.6%0.4%3.8%-335.1K1.3M-10.3K0.4090.49N/AN/A526231,470