PCH Options History — January 2026

In January 2026, PCH traded between $39.77 and $45.55. ATM implied volatility averaged 28.7%, placing in the 28.0% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 0.8% (HV 20d: 28.0%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 1.87.

Notable Days

  • 2026-01-26: Highest Volume — 238 contracts
  • 2026-01-12: Largest IV spike — 109.4% change
  • 2026-01-13: Highest IV Rank — 86.0%
  • 2026-01-27: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.73$39.77$45.55$39.77$41.98
Max Pain$44.75$40.00$45.00$40.00$45.00
ATM IV28.7%22.2%53.3%23.9%25.8%
Expected Move7.6%6.8%8.2%6.8%7.4%
HV 20d28.0%21.7%34.0%21.7%33.9%
HV 60d25.7%23.1%27.5%23.1%27.1%
IV Rank28.0%12.8%86.0%16.6%21.1%
IV Percentile57.4%27.8%99.2%38.1%46.8%
Term Structure-0.4%-2.9%3.5%3.5%1.6%
VWIV32.7%24.1%120.9%120.9%25.2%
Skew 25d5.5%-0.1%11.7%1.9%0.2%
Skew 10d9.9%0.4%20.0%2.9%1.7%
Call IV 25d24.1%19.1%28.0%24.3%25.0%
Put IV 25d29.6%25.2%34.9%26.2%25.2%
Bid-Ask Spread %90.9583.41103.1890.3495.18
Gamma HHI0.610.490.700.500.57
Net GEX167.2K58.5K266.7K58.5K126.0K
Net DEX-1.6M-4.5M658.9K658.9K-308.2K
Net VEX-12.9K-15.4K-9.0K-11.1K-9.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.870.0017.001.950.27
Total Volume46.8532385938
Total OI3,088.352,9483,3372,9483,315

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$39.77$40.0023.9%6.8%21.7%16.6%120.9%1.9%3.5%58.5K658.9K-11.1K1.9590.34N/AN/A20391,9381,010
2026-01-05$40.77$45.0026.6%8.1%23.2%23.0%27.3%5.6%1.0%94.2K-113.0K-13.3K0.0485.93N/AN/A2411,9501,039
2026-01-06$40.35$45.0026.4%8.2%23.0%22.5%28.4%5.3%0.3%75.0K325.6K-11.6K0.0886.41N/AN/A1211,9651,039
2026-01-07$39.93$45.0026.9%8.2%22.9%23.7%0.0%5.0%-0.1%64.3K533.9K-11.2K0.6087.70N/AN/A1061,9711,040
2026-01-08$41.22$45.0027.4%8.0%24.7%24.9%26.0%3.5%-0.5%112.2K-392.1K-13.0K0.0483.41N/AN/A7731,9801,040
2026-01-09$43.05$45.0022.2%7.2%26.1%12.8%31.0%6.6%0.1%176.6K-1.9M-15.1K5.3388.59N/AN/A3161,9901,040
2026-01-12$42.63$45.0046.6%7.2%26.4%70.1%26.9%5.3%0.0%164.5K-1.4M-13.8K0.1888.72N/AN/A2241,9921,032
2026-01-13$42.56$45.0053.3%7.2%26.0%86.0%28.9%5.4%-0.2%167.1K-1.4M-13.8K0.2188.57N/AN/A1942,0051,034
2026-01-14$44.19$45.0026.0%7.4%28.8%21.6%24.1%9.8%-0.6%229.3K-3.0M-14.8K0.0187.32N/AN/A8212,0121,032
2026-01-15$44.60$45.0025.7%7.4%28.8%20.9%27.8%3.6%-0.6%256.2K-3.6M-15.4K0.2286.54N/AN/A3272,0701,031
2026-01-16$45.55$45.0027.0%7.7%29.0%23.8%28.3%11.7%-1.3%261.5K-4.5M-15.0K0.00103.18N/AN/A2702,0561,030
2026-01-20$44.88$45.0028.2%8.1%28.0%26.8%28.8%11.1%-1.8%243.0K-3.6M-14.8K0.1593.61N/AN/A1322,0241,014
2026-01-21$45.45$45.0027.9%8.0%27.3%26.0%27.9%6.4%-1.7%266.7K-4.3M-14.4K17.0091.06N/AN/A1172,0281,016
2026-01-22$44.25$45.0026.6%7.6%29.3%23.0%0.0%7.8%-1.5%248.3K-2.9M-14.2K0.0091.01N/AN/A032,0291,026
2026-01-23$44.30$45.0026.8%7.7%29.3%23.5%26.8%8.4%-1.5%247.4K-2.8M-13.9K7.3390.42N/AN/A3222,0291,032
2026-01-26$43.26$45.0027.8%8.0%31.0%26.0%29.7%5.8%-1.8%207.2K-1.9M-12.8K0.1891.50N/AN/A202362,0301,030
2026-01-27$42.78$45.0028.6%8.2%31.5%27.7%29.0%4.5%-2.9%174.9K-1.3M-12.2K0.1285.55N/AN/A3442,2341,046
2026-01-28$41.36$45.0025.4%7.3%34.0%20.1%26.6%-0.1%0.3%72.3K305.3K-9.0K0.17102.02N/AN/A103172,2331,048
2026-01-29$41.63$45.0025.6%7.3%34.0%20.7%25.2%1.4%0.2%98.9K-66.2K-9.5K1.67101.87N/AN/A12202,2841,053
2026-01-30$41.98$45.0025.8%7.4%33.9%21.1%25.2%0.2%1.6%126.0K-308.2K-9.5K0.2795.18N/AN/A3082,2821,033