PCH Options History — July 2025

In July 2025, PCH traded between $39.37 and $42.05. ATM implied volatility averaged 25.0%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded below realized volatility by 4.2% (HV 20d: 29.2%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 1.41.

Notable Days

  • 2025-07-31: Highest Volume — 1,997 contracts
  • 2025-07-29: Largest IV drop — 21.6% change
  • 2025-07-28: Highest IV Rank — 35.9%
  • 2025-07-28: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.69$39.37$42.05$39.78$40.80
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV25.0%20.7%30.6%20.9%23.6%
Expected Move7.2%6.0%8.8%6.0%6.8%
HV 20d29.2%25.9%34.4%25.9%32.9%
HV 60d28.8%25.6%34.5%34.5%29.5%
IV Rank23.4%13.7%35.9%14.2%20.2%
IV Percentile66.4%34.9%86.9%39.3%60.7%
Term Structure-0.7%-4.7%8.6%2.6%0.2%
VWIV24.5%21.3%31.1%21.3%23.6%
Skew 25d5.9%1.2%11.5%1.2%3.8%
Skew 10d9.6%1.7%18.6%1.7%5.7%
Call IV 25d22.0%14.2%32.5%22.3%20.1%
Put IV 25d27.8%23.3%35.5%23.5%23.9%
Bid-Ask Spread %81.4574.0899.1499.1476.31
Gamma HHI0.350.310.450.360.32
Net GEX134.0K60.6K148.6K122.1K60.6K
Net DEX-6.0M-7.5M-4.5M-5.0M-5.9M
Net VEX-28.4K-31.3K-24.6K-31.3K-27.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.410.007.330.520.02
Total Volume167.90911,997941,997
Total OI4,970.4554,7445,4264,7445,426

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$39.78$40.0020.9%6.0%25.9%14.2%0.0%1.2%2.6%122.1K-5.0M-31.3K0.5299.14N/AN/A62323,6531,091
2025-07-02$40.66$40.0021.3%6.1%26.8%15.1%21.3%6.6%3.0%135.3K-6.1M-30.2K0.0193.25N/AN/A9813,6871,123
2025-07-03$39.98$40.0020.7%6.8%27.6%13.7%23.7%3.7%-0.1%126.6K-5.3M-30.6K5.0078.89N/AN/A153,7221,123
2025-07-07$39.37$40.0023.2%7.2%28.1%19.3%22.1%9.0%-1.1%128.1K-4.5M-30.3K0.2581.15N/AN/A95243,7231,125
2025-07-08$40.38$40.0027.1%7.6%29.3%27.9%26.6%6.2%-2.1%145.3K-5.8M-30.1K0.1178.95N/AN/A913,7951,150
2025-07-09$40.68$40.0025.9%7.4%29.2%25.4%24.6%6.2%-1.6%148.6K-6.1M-29.8K0.4276.53N/AN/A1253,7921,150
2025-07-10$40.61$40.0026.1%7.5%28.3%25.8%26.3%4.5%-1.9%146.3K-6.0M-29.7K7.3382.19N/AN/A3223,7951,150
2025-07-11$40.63$40.0024.8%7.1%28.3%22.8%23.5%3.7%-1.2%144.2K-6.1M-29.3K0.2079.57N/AN/A513,7951,168
2025-07-14$40.39$40.0024.4%7.0%28.3%22.0%23.3%3.4%-1.1%142.7K-5.8M-29.1K2.5081.98N/AN/A8203,8001,169
2025-07-15$39.79$40.0024.6%7.0%27.8%22.3%24.6%11.3%-1.1%145.6K-5.1M-29.4K0.1181.56N/AN/A913,8021,189
2025-07-16$40.82$40.0025.5%7.3%29.0%24.5%0.0%4.1%-2.1%144.8K-6.3M-28.9K0.0882.29N/AN/A2423,8031,190
2025-07-17$40.58$40.0025.4%7.3%27.2%24.2%24.6%3.5%-1.5%145.7K-6.1M-28.5K0.6381.85N/AN/A853,8141,191
2025-07-18$39.97$40.0024.6%7.1%27.1%22.5%24.9%9.6%-1.3%146.4K-5.3M-28.9K3.4083.28N/AN/A15513,8131,194
2025-07-21$40.25$40.0024.9%7.1%27.0%23.1%24.9%11.5%-1.5%146.0K-5.6M-27.5K0.0079.71N/AN/A0423,7261,125
2025-07-22$41.66$40.0027.5%7.9%28.9%28.9%22.1%5.8%-2.2%143.8K-7.1M-26.2K0.0077.20N/AN/A3003,7261,166
2025-07-23$41.91$40.0027.3%7.8%28.8%28.5%25.3%3.3%-2.4%146.6K-7.2M-26.1K7.0076.36N/AN/A4283,7321,166
2025-07-24$40.78$40.0025.5%7.3%30.0%24.5%0.0%7.4%-2.4%140.4K-6.0M-26.9K0.0080.89N/AN/A103,7341,166
2025-07-25$42.05$40.0028.5%8.2%31.4%31.1%27.1%5.5%-2.2%145.2K-7.2M-26.6K0.3381.80N/AN/A1863,7341,166
2025-07-28$40.56$40.0030.6%8.8%34.1%35.9%31.1%3.0%-4.7%138.3K-5.8M-27.0K1.0774.08N/AN/A2372543,7371,167
2025-07-29$41.61$40.0024.0%6.9%34.4%21.1%23.9%9.6%-0.2%99.9K-6.8M-26.4K0.0978.32N/AN/A9593,8741,420
2025-07-30$41.95$40.0024.2%6.9%32.0%21.6%22.3%6.5%8.6%106.2K-7.5M-24.6K0.4886.68N/AN/A3071473,8641,414
2025-07-31$40.80$40.0023.6%6.8%32.9%20.2%23.6%3.8%0.2%60.6K-5.9M-27.8K0.0276.31N/AN/A1,966313,9791,447