PCH Options History — March 2025

In March 2025, PCH traded between $44.09 and $47.56. ATM implied volatility averaged 26.4%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 5.1% (HV 20d: 21.3%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.41.

Notable Days

  • 2025-03-03: Highest Volume — 576 contracts
  • 2025-03-04: Largest IV spike — 55.5% change
  • 2025-03-10: Highest IV Rank — 37.5%
  • 2025-03-10: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.56$44.09$47.56$47.56$45.19
Max Pain$41.43$40.00$45.00$40.00$40.00
ATM IV26.4%19.7%36.1%19.7%26.3%
Expected Move7.9%5.7%10.3%5.7%7.5%
HV 20d21.3%17.0%25.1%18.8%23.6%
HV 60d24.5%22.1%26.1%25.8%23.6%
IV Rank23.5%8.9%37.5%8.9%27.2%
IV Percentile70.2%27.8%93.3%27.8%72.2%
Term Structure0.1%-5.4%2.1%-0.4%-0.1%
VWIV27.6%17.0%36.0%22.9%22.2%
Skew 25d7.4%3.4%13.2%4.2%13.2%
Skew 10d16.8%8.2%53.1%31.3%21.2%
Call IV 25d22.7%15.9%27.6%23.2%19.1%
Put IV 25d30.0%27.0%34.1%27.4%32.3%
Bid-Ask Spread %78.4760.1999.3264.8665.87
Gamma HHI0.340.260.470.470.27
Net GEX120.9K67.5K177.1K107.6K80.6K
Net DEX-1.5M-2.3M-758.1K-2.0M-940.6K
Net VEX-9.3K-11.2K-6.8K-6.8K-7.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.003.000.010.00
Total Volume46.571057657641
Total OI1,658.9521,1671,7771,1671,572

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$47.56$40.0019.7%5.7%18.8%8.9%22.9%4.2%-0.4%107.6K-2.0M-6.8K0.0164.86N/AN/A5724774393
2025-03-04$47.15$40.0030.6%8.8%19.0%28.0%27.4%4.3%-2.2%137.5K-2.3M-11.0K0.0567.45N/AN/A2211,305394
2025-03-05$47.25$40.0028.2%8.1%17.0%23.8%27.5%9.3%-5.4%151.1K-2.3M-10.9K0.4195.64N/AN/A34141,321395
2025-03-06$46.27$40.0028.7%8.2%18.7%24.6%28.7%5.6%-0.5%144.0K-2.0M-11.1K0.5891.90N/AN/A1271,341408
2025-03-07$46.30$45.0029.7%8.5%17.7%26.3%17.0%3.4%0.7%140.3K-2.0M-11.2K0.0687.30N/AN/A3321,311409
2025-03-10$46.22$45.0036.1%10.3%17.7%37.5%36.0%6.6%-1.3%135.6K-2.0M-11.1K0.0092.17N/AN/A3501,320411
2025-03-11$45.34$45.0030.3%10.3%19.2%27.3%35.8%6.7%-0.8%127.0K-1.6M-10.5K0.2299.32N/AN/A921,307411
2025-03-12$44.45$45.0028.3%8.6%20.1%23.9%29.9%5.1%-0.4%127.8K-1.3M-9.8K0.7594.61N/AN/A431,309412
2025-03-13$44.09$45.0028.5%8.9%20.1%24.3%31.1%5.8%-0.7%122.3K-1.1M-9.9K0.3394.86N/AN/A311,311414
2025-03-14$45.09$45.0026.6%7.8%21.6%20.9%27.0%4.8%0.7%156.1K-1.4M-9.4K1.0092.74N/AN/A111,313415
2025-03-17$45.88$40.0026.1%7.6%21.9%26.6%0.0%4.5%0.2%167.2K-1.9M-9.7K0.0760.19N/AN/A1511,314415
2025-03-18$45.78$40.0026.7%7.8%21.6%28.2%0.0%5.8%0.3%177.1K-1.9M-9.9K0.0068.12N/AN/A101,329414
2025-03-19$45.86$40.0025.3%7.6%21.5%24.9%28.1%4.0%1.2%176.1K-1.7M-9.1K0.0564.02N/AN/A5631,310414
2025-03-20$45.80$40.0024.7%7.4%21.1%23.4%24.2%5.8%1.1%130.6K-1.9M-9.4K0.3674.99N/AN/A1141,358417
2025-03-21$44.43$40.0023.1%7.2%23.7%19.6%26.6%10.1%1.9%67.5K-778.5K-7.9K0.2576.45N/AN/A53131,358419
2025-03-24$45.17$40.0023.0%6.9%24.4%19.4%24.1%11.1%1.2%83.0K-978.3K-8.1K0.1871.27N/AN/A1121,201362
2025-03-25$44.36$40.0021.7%6.8%24.7%16.4%30.5%10.2%2.1%69.5K-758.1K-7.4K0.0074.16N/AN/A021,210360
2025-03-26$44.48$40.0022.7%7.0%24.5%18.8%30.7%10.4%1.6%73.3K-819.0K-7.6K3.0069.21N/AN/A131,210359
2025-03-27$45.30$40.0023.5%7.2%24.9%20.6%0.0%12.2%1.6%86.6K-1.1M-8.9K0.0068.01N/AN/A001,211360
2025-03-28$44.69$40.0024.2%7.4%25.1%22.3%0.0%11.2%1.5%78.3K-930.6K-7.9K0.0074.78N/AN/A011,211360
2025-03-31$45.19$40.0026.3%7.5%23.6%27.2%22.2%13.2%-0.1%80.6K-940.6K-7.8K0.0065.87N/AN/A4101,211361