PFE Options History — April 2022

In April 2022, PFE traded between $48.35 and $55.33. ATM implied volatility averaged 33.9%, placing in the 72.8% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 6.0% (HV 20d: 27.9%). Max pain ranged from $50.00 to $52.50. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.65.

Notable Days

2022-04-07: Highest Volume — 290,494 contracts
2022-04-29: Largest IV spike — 10.4% change
2022-04-29: Highest IV Rank — 91.8%
2022-04-29: Largest Expected Move — 11.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$51.36	$48.35	$55.33	$51.43	$49.25
Max Pain	$51.00	$50.00	$52.50	$50.00	$50.00
ATM IV	33.9%	27.4%	38.4%	27.4%	38.4%
Expected Move	9.8%	8.3%	11.9%	8.3%	11.9%
HV 20d	27.9%	24.2%	31.3%	24.6%	31.3%
HV 60d	29.6%	27.9%	30.8%	28.0%	29.5%
IV Rank	72.8%	44.9%	91.8%	44.9%	91.8%
IV Percentile	80.4%	54.4%	97.2%	54.4%	97.2%
Term Structure	-0.9%	-2.6%	3.1%	3.1%	-2.2%
VWIV	34.7%	29.9%	41.6%	30.6%	41.6%
Skew 25d	3.9%	1.3%	5.8%	2.5%	5.4%
Skew 10d	7.2%	3.4%	10.9%	4.8%	10.9%
Call IV 25d	32.7%	25.5%	36.9%	25.5%	36.9%
Put IV 25d	36.6%	28.0%	42.3%	28.0%	42.3%
Bid-Ask Spread %	3.44	2.41	4.74	2.80	3.34
Gamma HHI	0.08	0.06	0.13	0.09	0.06
Net GEX	19.8M	-7.4M	66.4M	22.1M	46.3K
Net DEX	-775.2M	-2.17B	176.8M	-786.7M	-116.7M
Net VEX	-12.3M	-13.2M	-11.6M	-12.5M	-11.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.65	0.23	1.17	1.03	0.77
Total Volume	111,365.8	56,686	290,494	56,686	170,066
Total OI	1,864,376.05	1,746,652	2,006,253	1,883,005	1,879,642

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-04-01	$51.43	$50.00	27.4%	8.3%	24.6%	44.9%	30.6%	2.5%	3.1%	22.1M	-786.7M	-12.5M	1.03	2.80	27,915	28,771	962,629	920,376
2022-04-04	$50.87	$50.00	28.5%	8.4%	24.5%	49.6%	29.9%	4.5%	1.2%	14.8M	-616.1M	-12.2M	0.86	3.59	35,140	30,054	926,808	906,084
2022-04-05	$51.21	$50.00	29.5%	8.7%	24.2%	54.1%	30.1%	2.6%	0.1%	16.5M	-721.7M	-12.3M	0.52	2.91	41,321	21,591	930,342	917,094
2022-04-06	$52.87	$50.00	31.5%	8.8%	24.5%	62.3%	30.9%	2.9%	-1.1%	38.4M	-1.31B	-12.6M	0.50	3.42	67,822	34,115	938,364	918,565
2022-04-07	$55.26	$50.00	34.3%	9.5%	28.4%	74.2%	34.4%	1.3%	-0.0%	66.4M	-2.15B	-12.9M	0.36	2.81	213,764	76,730	958,665	925,380
2022-04-08	$55.33	$52.50	33.8%	9.4%	27.7%	72.3%	34.3%	2.9%	-0.1%	61.8M	-2.17B	-13.2M	0.46	3.48	84,369	39,096	984,958	957,613
2022-04-11	$53.90	$52.50	36.7%	9.6%	27.5%	84.8%	34.2%	3.1%	-2.5%	48.8M	-1.65B	-12.7M	0.23	2.88	136,153	31,430	968,328	943,107
2022-04-12	$53.12	$52.50	34.7%	9.7%	28.1%	76.1%	33.5%	3.0%	-0.6%	36.5M	-1.36B	-12.5M	0.60	2.78	99,662	59,380	993,065	954,551
2022-04-13	$53.15	$52.50	33.8%	9.1%	27.7%	72.4%	33.2%	3.8%	-1.5%	34.8M	-1.35B	-12.5M	1.17	3.41	36,038	42,077	1,017,463	977,305
2022-04-14	$53.25	$52.50	32.2%	9.1%	26.6%	65.6%	32.0%	2.4%	-0.7%	31.0M	-1.42B	-12.5M	0.52	2.41	80,763	41,864	1,023,602	982,651
2022-04-18	$51.72	$52.50	33.9%	9.6%	28.4%	72.6%	33.2%	3.8%	-1.0%	17.8M	-709.7M	-12.0M	0.58	3.36	60,280	34,940	875,541	871,111
2022-04-19	$50.32	$52.00	33.4%	9.5%	29.6%	70.7%	34.2%	4.1%	-1.0%	3.8M	-328.6M	-12.1M	0.58	4.31	78,220	45,750	889,266	885,566
2022-04-20	$49.68	$51.00	33.7%	9.7%	28.9%	71.8%	34.4%	4.5%	-1.6%	-1.0M	-163.0M	-11.6M	1.08	3.39	40,528	43,693	904,011	898,974
2022-04-21	$49.02	$51.00	35.2%	10.1%	28.7%	78.2%	35.5%	4.2%	-0.6%	-7.4M	24.7M	-11.9M	0.55	4.52	46,547	25,460	908,201	914,889
2022-04-22	$48.35	$50.50	36.5%	10.5%	28.8%	84.0%	37.1%	5.0%	-0.9%	-6.0M	176.8M	-12.0M	0.82	3.80	43,921	35,879	918,735	917,987
2022-04-25	$49.06	$50.50	36.4%	10.7%	29.4%	83.3%	38.5%	5.3%	-1.4%	-3.6M	-34.3M	-12.1M	0.64	3.58	53,612	34,557	883,231	907,201
2022-04-26	$49.20	$50.00	37.5%	11.3%	29.2%	88.1%	39.2%	5.8%	-1.6%	1.1M	-122.0M	-11.9M	0.36	4.74	76,252	27,218	901,733	917,793
2022-04-27	$49.72	$50.00	36.5%	11.0%	29.6%	83.8%	39.5%	5.3%	-2.6%	5.9M	-243.6M	-11.8M	0.58	2.95	59,362	34,519	913,585	924,578
2022-04-28	$50.52	$50.00	34.8%	10.6%	30.1%	76.3%	37.5%	5.1%	-2.0%	13.9M	-451.0M	-12.2M	0.75	4.31	50,588	37,869	924,303	944,224
2022-04-29	$49.25	$50.00	38.4%	11.9%	31.3%	91.8%	41.6%	5.4%	-2.2%	46.3K	-116.7M	-11.9M	0.77	3.34	95,931	74,135	929,952	949,690