PCH Options History — February 2026

In February 2026, PCH traded between $36.59 and $40.92. ATM implied volatility averaged 123.6%, placing in the 89.3% IV rank vs the trailing year. The 30-day expected move averaged 32.4%. IV traded above realized volatility by 54.7% (HV 20d: 68.8%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 11 of 12 trading days. Term structure was in contango for 0 of 12 days.

Notable Days

  • 2026-02-03: Largest IV spike — 32.7% change
  • 2026-02-02: Highest IV Rank — 100.0%
  • 2026-02-03: Largest Expected Move — 39.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.56$36.59$40.92$36.59$40.92
Max Pain$41.25$40.00$45.00$45.00$40.00
ATM IV123.6%104.9%139.7%104.9%108.6%
Expected Move32.4%30.1%39.9%30.1%31.1%
HV 20d68.8%60.2%72.5%60.2%66.9%
HV 60d44.3%39.2%45.5%39.2%44.4%
IV Rank89.3%74.3%100.0%100.0%74.6%
IV Percentile98.9%97.6%100.0%100.0%97.6%
Term Structure-50.5%-68.5%-10.8%-68.5%-55.1%
Skew 25d3.2%-38.8%18.7%-38.8%18.7%
Skew 10d2.7%-7.7%44.6%21.9%-2.3%
Call IV 25d107.9%75.3%168.7%75.3%88.7%
Put IV 25d111.1%36.5%162.1%36.5%107.4%
Bid-Ask Spread %12.342.82101.49101.495.63
Gamma HHI0.270.260.340.260.34
Net GEX23.1K-4.6K34.1K19.7K-4.6K
Net DEX-257.9K-697.4K627.3K627.3K439.0K
Net VEX-8.9K-10.3K-6.6K-8.6K-6.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI2,4382,4382,4382,4382,438

Daily Data (12 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$36.59$45.00104.9%30.1%60.2%100.0%0.0%-38.8%-68.5%19.7K627.3K-8.6K0.00101.49N/AN/A001,4051,033
2026-02-03$40.92$45.00139.3%39.9%72.5%100.0%0.0%-1.2%-10.8%34.1K-697.4K-10.2K0.003.46N/AN/A001,4051,033
2026-02-04$40.92$45.00139.2%39.9%72.4%99.9%0.0%-7.2%-11.3%29.4K-620.8K-10.2K0.002.82N/AN/A001,4051,033
2026-02-05$40.92$40.00139.2%31.0%72.2%100.0%0.0%4.7%-60.3%31.5K-528.1K-10.3K0.003.69N/AN/A001,4051,033
2026-02-06$40.92$40.00139.2%31.0%71.3%100.0%0.0%6.8%-59.7%30.5K-526.5K-10.1K0.003.78N/AN/A001,4051,033
2026-02-09$40.92$40.00139.5%31.0%69.4%100.0%0.0%7.0%-58.2%27.9K-432.5K-9.5K0.004.64N/AN/A001,4051,033
2026-02-10$40.92$40.00139.7%31.0%69.4%100.0%0.0%8.0%-58.1%26.0K-481.7K-9.2K0.006.28N/AN/A001,4051,033
2026-02-11$40.92$40.00108.2%31.0%69.4%74.3%0.0%8.5%-57.0%22.4K-244.1K-8.6K0.005.05N/AN/A001,4051,033
2026-02-12$40.92$40.00108.3%31.0%67.8%74.4%0.0%8.0%-55.9%24.8K-291.6K-8.6K0.003.17N/AN/A001,4051,033
2026-02-13$40.92$40.00108.3%31.1%67.6%74.4%0.0%7.2%-54.7%22.3K-167.4K-8.2K0.003.53N/AN/A001,4051,033
2026-02-17$40.92$40.00108.4%31.1%67.0%74.5%0.0%17.4%-56.5%13.7K-170.5K-7.3K0.004.58N/AN/A001,4051,033
2026-02-18$40.92$40.00108.6%31.1%66.9%74.6%0.0%18.7%-55.1%-4.6K439.0K-6.6K0.005.63N/AN/A001,4051,033