PFE Options History — July 2015

In July 2015, PFE traded between $31.55 and $34.24. ATM implied volatility averaged 16.1%, placing in the 39.2% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 4.0% (HV 20d: 12.1%). Max pain ranged from $32.26 to $32.26. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 1.45.

Notable Days

  • 2015-07-29: Highest Volume — 204,388 contracts
  • 2015-07-28: Largest IV drop — 20.1% change
  • 2015-07-08: Highest IV Rank — 66.0%
  • 2015-07-06: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.89$31.55$34.24$31.97$34.24
Max Pain$32.26$32.26$32.26$32.26$32.26
ATM IV16.1%13.9%19.4%17.9%14.7%
Expected Move4.5%3.7%5.2%4.7%4.1%
HV 20d12.1%8.1%16.4%8.1%16.0%
HV 60d11.5%10.8%12.7%10.9%12.0%
IV Rank39.2%21.3%66.0%53.9%27.5%
IV Percentile54.9%21.4%94.4%84.1%38.5%
Term Structure-0.3%-1.0%0.8%0.4%0.1%
VWIV15.8%14.2%18.6%16.5%14.6%
Skew 25d2.2%0.9%3.1%2.0%0.9%
Skew 10d4.5%2.8%6.9%4.6%3.0%
Call IV 25d15.3%12.6%18.2%16.7%15.1%
Put IV 25d17.5%14.5%20.6%18.7%16.1%
Bid-Ask Spread %10.045.9817.4211.548.82
Gamma HHI0.410.230.910.270.23
Net GEX88.2M12.0M512.4M16.4M66.6M
Net DEX-716.7M-1.30B-105.0M-271.2M-1.30B
Net VEX-5.2M-5.7M-4.9M-5.7M-5.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.450.223.490.810.42
Total Volume82,546.68221,921204,388170,342102,689
Total OI1,271,981.3181,102,6411,401,5361,349,6981,365,969

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-07-01$31.97$32.2617.9%4.7%8.1%53.9%16.5%2.0%0.4%16.4M-271.2M-5.7M0.8111.5494,27576,067796,150553,548
2015-07-02$31.71$32.2617.6%4.7%8.4%51.3%16.3%1.8%0.2%21.0M-167.4M-5.4M1.0013.4124,02524,038780,827520,983
2015-07-06$31.55$32.2618.9%5.2%8.5%61.7%17.7%2.7%-1.0%12.0M-105.0M-5.2M0.486.5114,8207,101777,748513,979
2015-07-07$31.98$32.2618.8%5.0%10.0%61.0%17.3%2.1%-0.6%27.2M-338.5M-5.3M2.0310.7116,66533,877785,909515,525
2015-07-08$31.81$32.2619.4%5.1%10.1%66.0%18.1%2.4%-0.9%19.1M-232.6M-5.4M0.969.0814,38913,825791,885531,016
2015-07-09$32.19$32.2619.2%5.2%10.7%63.9%18.6%1.9%-0.9%32.7M-425.0M-5.5M0.226.4636,1078,001791,936533,226
2015-07-10$32.62$32.2617.4%4.9%11.7%49.8%16.7%2.8%-0.1%71.8M-682.1M-5.2M0.437.9231,49513,577809,640534,786
2015-07-13$33.03$32.2615.8%4.4%12.2%36.6%15.8%1.6%-0.5%115.8M-934.0M-5.1M1.168.1719,26922,348791,256534,920
2015-07-14$33.26$32.2615.4%4.3%12.2%33.2%15.1%2.9%-0.5%153.7M-1.13B-5.0M1.138.7426,19829,556795,290535,850
2015-07-15$33.20$32.2615.5%4.3%12.3%34.0%15.0%2.3%-0.6%164.7M-1.10B-4.9M2.235.9815,28634,126802,208548,111
2015-07-16$33.32$32.2614.6%4.2%12.2%27.0%14.5%2.4%-0.3%229.8M-1.17B-4.9M1.706.9944,03674,745802,117560,337
2015-07-17$33.24$32.2614.8%4.1%11.8%28.2%14.6%1.8%-0.6%512.4M-1.04B-5.1M1.466.9255,65981,354787,565613,971
2015-07-20$33.43$32.2614.4%4.1%11.9%25.5%14.8%2.1%-0.3%59.5M-831.1M-4.9M3.308.1916,40954,170595,776506,865
2015-07-21$33.33$32.2614.8%4.2%12.0%28.1%14.4%2.1%-0.2%57.5M-798.7M-4.9M2.2110.1123,62052,134601,110517,712
2015-07-22$33.06$32.2614.2%4.1%12.3%23.9%14.2%2.5%-0.7%56.8M-652.2M-5.0M1.849.8822,60441,603611,009521,091
2015-07-23$33.00$32.2614.2%4.1%12.1%23.9%14.2%1.7%-0.1%55.8M-687.9M-4.9M2.6610.7212,26132,616619,568531,480
2015-07-24$32.57$32.2615.9%4.6%12.9%37.3%16.3%3.1%-0.4%38.2M-426.1M-5.0M2.4314.5418,96746,151621,646534,857
2015-07-27$32.57$32.2618.0%5.2%12.8%54.7%18.2%2.6%-0.3%37.2M-431.7M-5.0M3.4914.2935,942125,302614,257531,540
2015-07-28$33.60$32.2614.4%3.7%16.2%25.3%14.6%1.9%0.5%62.2M-885.9M-5.2M0.8017.4276,55561,574635,587579,042
2015-07-29$33.95$32.2614.8%4.2%16.4%28.8%15.9%2.2%0.2%61.8M-1.05B-5.1M0.4715.73138,78165,607647,980591,257
2015-07-30$33.94$32.2613.9%4.1%16.4%21.3%15.2%2.1%0.8%67.6M-1.09B-5.7M0.628.6648,17130,032721,915626,145
2015-07-31$34.24$32.2614.7%4.1%16.0%27.5%14.6%0.9%0.1%66.6M-1.30B-5.4M0.428.8272,35430,335738,933627,036