PCH Options History — April 2025

In April 2025, PCH traded between $37.97 and $44.94. ATM implied volatility averaged 33.4%, placing in the 42.5% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded below realized volatility by 8.6% (HV 20d: 42.0%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.98.

Notable Days

  • 2025-04-29: Highest Volume — 252 contracts
  • 2025-04-04: Largest IV spike — 104.6% change
  • 2025-04-08: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.88$37.97$44.94$44.75$38.38
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV33.4%23.3%59.3%25.2%23.4%
Expected Move9.2%6.7%12.5%7.5%6.7%
HV 20d42.0%23.7%49.4%23.7%48.3%
HV 60d30.9%23.6%34.0%23.7%33.1%
IV Rank42.5%19.8%100.0%24.5%19.8%
IV Percentile83.0%55.6%100.0%68.3%55.6%
Term Structure-3.5%-8.5%1.1%1.1%0.9%
VWIV32.7%22.7%53.6%22.7%24.0%
Skew 25d9.9%3.4%14.8%12.3%9.3%
Skew 10d18.1%4.5%30.1%19.6%12.2%
Call IV 25d28.8%19.9%40.7%19.9%23.8%
Put IV 25d38.7%29.4%55.0%32.1%33.0%
Bid-Ask Spread %74.4360.7888.1880.4683.84
Gamma HHI0.260.210.390.270.31
Net GEX17.3K-1.9K81.3K79.8K18.0K
Net DEX49.5K-952.6K361.4K-952.6K152.1K
Net VEX-5.1K-8.0K-4.0K-8.0K-4.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.005.670.000.77
Total Volume45.52412521023
Total OI1,706.7621,6031,9661,6031,964

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$44.75$40.0025.2%7.5%23.7%24.5%22.7%12.3%1.1%79.8K-952.6K-8.0K0.0080.46N/AN/A1001,242361
2025-04-02$44.94$40.0024.7%7.4%23.7%23.4%25.8%6.0%-1.1%81.3K-919.0K-7.7K0.0069.18N/AN/A011,251361
2025-04-03$42.63$40.0023.3%8.3%29.1%20.1%32.9%4.5%-2.3%48.7K-463.3K-7.1K5.5074.42N/AN/A2111,251360
2025-04-04$40.47$40.0047.6%11.2%33.6%76.5%38.8%10.5%-6.3%23.9K-4.1K-6.0K0.3367.22N/AN/A2481,251360
2025-04-07$39.10$40.0053.3%11.7%34.9%89.8%39.6%12.0%-6.9%15.0K152.8K-5.5K2.2567.13N/AN/A491,250354
2025-04-08$37.97$40.0059.3%12.5%35.5%100.0%53.6%14.2%-8.5%7.1K315.9K-5.0K0.2561.06N/AN/A411,250358
2025-04-09$40.44$40.0034.1%9.8%43.4%43.7%35.6%9.8%-5.3%16.9K69.7K-5.0K2.4782.20N/AN/A15371,249359
2025-04-10$38.81$40.0038.9%11.1%45.3%54.4%0.0%14.2%-6.3%8.3K237.3K-5.1K1.0078.39N/AN/A111,263394
2025-04-11$39.05$40.0036.2%10.4%44.3%48.4%32.8%10.0%-5.0%4.6K289.5K-4.6K0.5074.26N/AN/A421,264395
2025-04-14$39.62$40.0031.8%9.1%44.1%38.5%28.5%8.0%-3.4%4.8K251.2K-4.4K0.1473.07N/AN/A3551,264396
2025-04-15$39.29$40.0029.9%8.6%44.1%34.2%0.0%5.2%-2.1%-846304.0K-4.0K0.0860.78N/AN/A5141,269401
2025-04-16$38.55$40.0031.2%8.9%44.1%37.1%31.1%12.1%-2.5%-1.9K361.4K-4.2K0.0780.48N/AN/A1511,306401
2025-04-17$40.02$40.0030.0%8.6%47.0%34.5%30.0%14.8%-2.0%73112.8K-4.5K0.1181.95N/AN/A2731,305402
2025-04-21$38.21$40.0032.9%9.4%48.4%40.9%41.3%10.9%-3.5%-392334.0K-4.0K5.6768.03N/AN/A211191,253358
2025-04-22$39.33$40.0032.1%9.2%49.4%39.2%32.2%12.2%-3.5%-697207.6K-4.7K0.2272.09N/AN/A69151,257461
2025-04-23$39.21$40.0031.3%9.0%49.2%37.5%31.7%3.4%-3.5%4.0K179.1K-4.5K0.0474.65N/AN/A2411,317472
2025-04-24$39.21$40.0030.6%8.8%49.2%36.0%30.9%10.5%-4.2%4.7K175.5K-4.4K0.0075.64N/AN/A2001,337472
2025-04-25$39.05$40.0028.5%8.2%48.3%31.2%32.1%10.1%-3.1%3.8K173.3K-4.3K0.1566.44N/AN/A2641,353472
2025-04-28$39.38$40.0033.1%9.5%48.6%41.5%33.2%9.8%-6.0%9.8K68.0K-4.6K0.0488.18N/AN/A10341,367476
2025-04-29$39.08$40.0024.5%7.0%48.1%22.1%24.8%8.6%-1.0%36.2K-6.2K-4.3K0.0683.65N/AN/A238141,490476
2025-04-30$38.38$40.0023.4%6.7%48.3%19.8%24.0%9.3%0.9%18.0K152.1K-4.4K0.7783.84N/AN/A13101,479485