PCH Options History — August 2025

In August 2025, PCH traded between $41.38 and $44.11. ATM implied volatility averaged 27.3%, placing in the 28.3% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded below realized volatility by 3.1% (HV 20d: 30.4%). 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 8 of 21 days. Put/call ratio averaged 1.90.

Notable Days

  • 2025-08-01: Highest Volume — 3,920 contracts
  • 2025-08-08: Largest IV spike — 31.8% change
  • 2025-08-18: Highest IV Rank — 36.3%
  • 2025-08-18: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.73$41.38$44.11$41.38$41.88
Max Pain$41.43$40.00$45.00$40.00$40.00
ATM IV27.3%21.2%30.8%26.8%27.4%
Expected Move7.9%7.0%8.8%7.7%7.8%
HV 20d30.4%24.3%32.9%32.6%24.3%
HV 60d27.9%27.3%29.0%28.7%27.9%
IV Rank28.3%14.8%36.3%27.3%28.6%
IV Percentile75.5%42.9%89.7%77.8%76.2%
Term Structure0.3%-1.7%3.1%2.0%-0.2%
VWIV26.8%18.0%36.3%26.8%24.7%
Skew 25d4.2%-1.4%6.1%6.0%2.1%
Skew 10d17.6%-8.0%39.5%8.1%38.2%
Call IV 25d25.0%20.8%33.7%20.8%25.3%
Put IV 25d29.2%26.8%32.3%26.8%27.4%
Bid-Ask Spread %85.8381.8691.7385.3085.32
Gamma HHI0.810.570.860.570.78
Net GEX1.1M273.7K1.5M273.7K1.1M
Net DEX-18.3M-22.9M-8.8M-8.8M-15.4M
Net VEX-77.4K-96.6K-44.1K-44.1K-78.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.900.0033.000.031.67
Total Volume449.52433,9203,9208
Total OI12,245.7147,35013,3427,35013,280

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$41.38$40.0026.8%7.7%32.6%27.3%26.8%6.0%2.0%273.7K-8.8M-44.1K0.0385.30N/AN/A3,8071135,9121,438
2025-08-04$42.26$45.0029.8%8.4%32.6%34.2%24.7%5.0%-0.9%821.5K-14.8M-64.8K0.1084.04N/AN/A782769,5771,433
2025-08-05$42.94$45.0027.9%7.2%31.9%29.7%24.1%6.1%3.1%922.0K-16.9M-66.8K0.0383.72N/AN/A406119,6321,434
2025-08-06$42.96$45.0029.7%7.4%31.9%33.8%24.9%5.3%2.2%975.6K-17.4M-68.7K0.0084.33N/AN/A44809,8291,443
2025-08-07$43.00$45.0021.2%7.4%31.9%14.8%25.0%5.2%2.1%1.0M-18.0M-71.8K0.0383.00N/AN/A39110,1841,443
2025-08-08$42.75$45.0028.0%7.4%32.0%30.0%24.2%5.0%1.9%1.0M-17.4M-68.5K0.0083.67N/AN/A298010,1691,443
2025-08-11$42.14$45.0021.5%8.4%32.5%15.5%26.8%4.8%-1.7%982.5K-16.1M-68.3K0.7584.65N/AN/A806010,6001,443
2025-08-12$43.05$40.0024.9%7.3%32.5%23.1%28.8%4.9%1.7%1.1M-18.3M-70.2K0.0484.39N/AN/A185810,4111,499
2025-08-13$44.11$40.0024.4%7.0%32.4%22.0%24.4%6.1%1.7%1.3M-22.3M-71.8K0.0589.90N/AN/A5382610,5921,503
2025-08-14$43.84$40.0029.9%8.6%32.4%34.4%36.3%-1.4%-0.6%1.2M-22.7M-78.5K0.1188.99N/AN/A4354711,1071,528
2025-08-15$43.00$40.0030.3%8.7%32.7%35.2%33.2%1.5%-0.5%1.1M-20.2M-79.9K0.0486.42N/AN/A4141811,4451,575
2025-08-18$42.68$40.0030.8%8.8%32.9%36.3%31.7%4.3%-0.7%1.1M-19.8M-81.0K0.3182.53N/AN/A1,03531910,8991,031
2025-08-19$43.21$40.0027.9%8.0%31.0%29.8%0.0%4.8%-0.2%1.3M-22.3M-96.6K0.1281.86N/AN/A43511,9101,321
2025-08-20$42.60$40.0028.2%8.1%31.5%30.5%33.2%2.4%-0.7%1.3M-20.3M-92.6K0.1388.05N/AN/A16211,9461,326
2025-08-21$42.21$40.0030.4%8.7%30.0%35.4%26.1%3.9%-1.6%1.2M-18.0M-88.9K0.0084.72N/AN/A3011,9421,327
2025-08-22$43.45$40.0025.3%7.2%29.7%23.9%18.0%3.2%-0.1%1.4M-22.9M-94.7K0.0084.50N/AN/A45011,9401,327
2025-08-25$43.44$40.0025.4%7.3%26.2%24.1%0.0%3.0%-0.1%1.5M-22.3M-91.1K33.0087.75N/AN/A13311,9821,327
2025-08-26$42.80$40.0026.9%7.7%25.6%27.5%25.1%3.3%0.1%1.3M-19.7M-88.3K2.8686.60N/AN/A72011,9821,360
2025-08-27$41.88$40.0028.8%8.3%26.8%31.8%25.5%6.1%-1.0%1.2M-16.1M-81.7K0.1190.97N/AN/A931011,9871,355
2025-08-28$41.72$40.0026.8%7.7%24.7%27.4%26.0%5.5%-0.3%1.1M-15.1M-78.8K0.6091.73N/AN/A5311,9131,365
2025-08-29$41.88$40.0027.4%7.8%24.3%28.6%24.7%2.1%-0.2%1.1M-15.4M-78.0K1.6785.32N/AN/A3511,9151,365