PCH Options History — November 2025

In November 2025, PCH traded between $38.27 and $41.40. ATM implied volatility averaged 33.9%, placing in the 42.4% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 9.7% (HV 20d: 24.2%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.80.

Notable Days

  • 2025-11-20: Highest Volume — 423 contracts
  • 2025-11-04: Largest IV drop — 15.2% change
  • 2025-11-03: Highest IV Rank — 57.1%
  • 2025-11-03: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.65$38.27$41.40$39.35$39.96
Max Pain$39.21$35.00$40.00$35.00$40.00
ATM IV33.9%27.7%40.4%40.4%27.7%
Expected Move9.6%7.9%11.6%11.6%7.9%
HV 20d24.2%22.4%27.9%22.6%25.9%
HV 60d24.5%23.9%24.9%24.8%23.9%
IV Rank42.4%28.3%57.1%57.1%28.3%
IV Percentile87.4%62.3%97.2%97.2%62.3%
Term Structure-1.5%-4.7%0.2%-4.7%-0.6%
VWIV34.6%31.1%39.3%37.1%31.8%
Skew 25d7.0%-8.1%13.9%6.3%9.0%
Skew 10d15.9%5.6%25.6%13.8%14.4%
Call IV 25d29.5%20.4%37.5%37.5%24.1%
Put IV 25d36.4%22.8%43.8%43.8%33.1%
Bid-Ask Spread %89.8983.24101.7787.36101.77
Gamma HHI0.550.340.780.630.56
Net GEX511.5K74.0K1.2M781.5K103.8K
Net DEX-4.5M-12.3M749.6K-7.5M246.6K
Net VEX-25.1K-40.5K-14.3K-40.1K-15.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.005.000.100.00
Total Volume45.3161423901
Total OI12,376.6843,97414,69814,4784,063

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$39.35$35.0040.4%11.6%22.6%57.1%37.1%6.3%-4.7%781.5K-7.5M-40.1K0.1087.36N/AN/A82812,7761,702
2025-11-04$38.95$35.0034.2%9.8%22.5%43.1%34.2%4.2%-0.1%579.8K-5.1M-31.3K0.6584.68N/AN/A432812,8451,703
2025-11-05$39.50$35.0033.4%9.6%23.1%41.2%36.4%9.9%0.2%540.7K-5.3M-31.4K0.1491.95N/AN/A14212,8571,803
2025-11-06$40.36$40.0034.9%10.0%24.1%44.7%0.0%3.2%-2.0%874.3K-9.3M-37.2K0.0083.24N/AN/A0112,8661,801
2025-11-07$41.40$40.0035.4%10.0%25.2%45.9%31.1%4.8%-2.0%1.2M-12.3M-40.5K0.0087.07N/AN/A4012,8661,801
2025-11-10$41.06$40.0040.0%9.9%24.6%56.2%34.7%6.7%-2.2%905.1K-10.1M-34.7K0.0088.52N/AN/A4012,8651,801
2025-11-11$40.48$40.0034.1%9.8%24.5%42.8%33.9%6.9%-2.0%688.9K-8.3M-30.3K1.6784.33N/AN/A3512,8651,801
2025-11-12$40.08$40.0033.3%9.5%24.6%41.1%31.6%4.9%-1.2%517.1K-6.7M-26.8K0.3086.68N/AN/A20612,8671,806
2025-11-13$39.86$40.0034.5%9.9%23.1%43.7%34.5%5.1%-1.9%498.4K-6.4M-26.3K0.5088.08N/AN/A4212,8751,807
2025-11-14$39.39$40.0033.2%9.5%22.4%40.9%33.6%3.8%-0.6%377.3K-4.7M-23.0K3.0083.25N/AN/A2612,8751,803
2025-11-17$38.45$40.0035.1%10.1%23.5%45.1%35.1%9.4%-0.7%314.5K-2.6M-19.6K0.8993.99N/AN/A9812,8801,803
2025-11-18$38.27$40.0034.8%10.0%23.3%44.5%34.8%-8.1%-1.3%309.5K-2.2M-18.1K0.0797.69N/AN/A14112,8781,809
2025-11-19$38.39$40.0034.5%9.9%23.1%43.8%39.3%8.4%-1.1%235.4K-2.3M-17.5K5.0089.96N/AN/A1512,8881,810
2025-11-20$39.17$40.0035.5%10.2%24.2%46.1%38.1%11.2%-2.4%431.6K-3.2M-19.0K1.1891.15N/AN/A19422912,8871,811
2025-11-21$39.67$40.0033.4%9.6%24.7%41.3%33.0%11.7%-2.1%1.1M-427.3K-18.0K0.4696.00N/AN/A13612,1891,719
2025-11-24$38.79$40.0030.6%8.8%25.4%34.9%31.8%8.8%-1.7%74.0K749.6K-14.3K0.0488.07N/AN/A7333,005969
2025-11-25$39.96$40.0029.7%8.5%27.9%32.9%0.0%12.7%-1.3%118.8K74.0K-16.7K0.2391.43N/AN/A44103,037969
2025-11-26$40.17$40.0029.7%8.5%25.9%32.9%0.0%13.9%-1.6%138.1K-155.2K-17.5K0.2392.61N/AN/A1333,076979
2025-11-28$39.96$40.0027.7%7.9%25.9%28.3%0.0%9.0%-0.6%103.8K246.6K-15.5K0.00101.77N/AN/A103,083980