PCH Options History — January 2025

In January 2025, PCH traded between $38.41 and $44.77. ATM implied volatility averaged 20.8%, placing in the 10.9% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded below realized volatility by 7.0% (HV 20d: 27.8%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 1.94.

Notable Days

  • 2025-01-22: Highest Volume — 135 contracts
  • 2025-01-10: Largest IV spike — 44.8% change
  • 2025-01-10: Highest IV Rank — 22.5%
  • 2025-01-24: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.30$38.41$44.77$39.13$44.77
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV20.8%16.8%27.5%17.3%18.2%
Expected Move6.0%4.8%7.2%5.0%5.2%
HV 20d27.8%23.6%32.3%28.1%26.4%
HV 60d27.8%26.6%29.2%26.9%27.0%
IV Rank10.9%3.9%22.5%4.8%6.3%
IV Percentile33.8%7.1%75.4%9.1%13.9%
Term Structure0.1%-1.2%3.0%3.0%1.0%
VWIV21.5%17.1%25.8%17.7%18.2%
Skew 25d4.2%0.4%11.9%11.9%8.8%
Skew 10d6.0%-0.7%16.3%15.5%14.0%
Call IV 25d21.0%15.6%24.5%17.8%15.6%
Put IV 25d25.2%20.4%30.9%29.7%24.5%
Bid-Ask Spread %47.5730.9270.3356.9832.38
Gamma HHI0.480.370.690.490.69
Net GEX31.8K-34.1K176.3K-34.1K176.3K
Net DEX-261.8K-1.8M666.2K518.0K-1.8M
Net VEX-6.4K-8.2K-4.4K-4.4K-8.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.940.0020.000.750.02
Total Volume62.8561356131
Total OI1,340.951,0951,6741,0951,674

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$39.13$40.0017.3%5.0%28.1%4.8%0.0%11.9%3.0%-34.1K518.0K-4.4K0.0056.98N/AN/A06622473
2025-01-03$39.54$40.0017.7%5.1%28.6%5.4%17.7%11.7%2.7%-33.9K422.6K-4.6K0.7567.02N/AN/A5138622479
2025-01-06$40.20$40.0018.0%6.2%29.6%5.9%22.0%3.6%-0.4%-24.2K205.3K-5.2K1.0870.33N/AN/A3740654515
2025-01-07$39.33$40.0018.9%6.1%29.7%7.5%21.2%2.6%0.1%-16.6K387.4K-4.8K20.0054.43N/AN/A360656475
2025-01-08$39.02$40.0019.0%6.1%29.3%7.7%21.2%2.4%0.1%-24.0K543.2K-5.0K0.1150.01N/AN/A273658509
2025-01-10$38.41$40.0027.5%6.1%28.0%22.5%22.1%2.6%0.5%-29.0K666.2K-4.8K0.4847.40N/AN/A2512678512
2025-01-13$39.66$40.0021.8%6.4%29.8%12.5%22.2%1.8%-0.6%-10.0K326.2K-5.5K2.3855.53N/AN/A1331693519
2025-01-14$39.78$40.0020.6%6.3%29.5%10.5%25.8%2.5%-0.5%-8.3K327.7K-5.7K7.7553.51N/AN/A431704550
2025-01-15$41.02$40.0022.3%6.4%31.9%13.5%22.7%2.5%0.2%1.1K-131.5K-6.2K0.0354.75N/AN/A401707575
2025-01-16$41.78$40.0023.5%6.7%32.3%15.6%0.0%0.4%-1.2%18.2K-413.7K-6.4K0.0145.94N/AN/A1031726576
2025-01-17$42.26$40.0024.1%6.9%31.5%16.6%20.5%2.9%-0.0%41.2K-670.5K-6.9K0.0644.36N/AN/A523829577
2025-01-21$42.85$40.0020.1%5.8%23.6%9.7%24.6%3.7%-0.4%66.2K-797.2K-6.9K1.1930.92N/AN/A2125777553
2025-01-22$41.78$40.0024.6%7.0%25.5%17.4%23.1%3.3%-0.5%36.2K-414.4K-6.7K0.9036.57N/AN/A7164797533
2025-01-23$41.98$40.0024.5%7.0%25.4%17.3%21.7%3.4%-0.2%38.2K-415.2K-7.7K0.0736.35N/AN/A282858595
2025-01-24$41.73$40.0025.0%7.2%24.7%18.1%24.6%0.7%-1.2%30.6K-312.6K-7.6K0.7138.77N/AN/A75871596
2025-01-27$42.85$40.0021.7%6.2%26.1%12.4%22.8%6.0%-1.1%63.7K-736.0K-7.6K0.1234.17N/AN/A496872601
2025-01-28$42.80$40.0017.2%4.9%25.5%4.5%20.4%0.8%-1.1%75.1K-725.3K-7.6K0.3251.66N/AN/A7223910612
2025-01-29$43.52$40.0017.7%5.1%25.5%5.4%19.0%5.6%0.4%135.1K-1.1M-7.8K0.8451.63N/AN/A6353981632
2025-01-30$43.66$40.0016.8%4.8%25.5%3.9%17.1%5.9%1.4%135.0K-1.1M-7.8K0.0038.76N/AN/A560965683
2025-01-31$44.77$40.0018.2%5.2%26.4%6.3%18.2%8.8%1.0%176.3K-1.8M-8.2K0.0232.38N/AN/A1292991683