PFE Options History — April 2023

In April 2023, PFE traded between $38.55 and $41.84. ATM implied volatility averaged 24.2%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 8.0% (HV 20d: 16.2%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 6 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.60.

Notable Days

  • 2023-04-05: Highest Volume — 150,488 contracts
  • 2023-04-25: Largest IV spike — 8.3% change
  • 2023-04-12: Highest IV Rank — 28.6%
  • 2023-04-27: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.55$38.55$41.84$41.42$38.78
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV24.2%22.7%25.8%24.0%22.7%
Expected Move6.8%5.4%7.9%5.4%7.1%
HV 20d16.2%14.4%18.4%15.7%18.2%
HV 60d16.8%15.5%20.3%20.3%15.8%
IV Rank20.0%11.8%28.6%18.9%11.8%
IV Percentile24.4%12.7%40.1%20.6%12.7%
Term Structure-0.9%-2.8%1.5%0.5%-0.6%
VWIV23.7%19.5%27.4%19.5%24.2%
Skew 25d4.0%2.7%5.0%4.1%3.7%
Skew 10d7.1%5.7%8.7%7.6%6.5%
Call IV 25d22.5%21.2%24.1%22.4%21.5%
Put IV 25d26.5%25.1%28.2%26.5%25.1%
Bid-Ask Spread %2.681.706.662.902.45
Gamma HHI0.150.090.230.100.20
Net GEX-15.2M-39.5M12.3M884.1K-36.5M
Net DEX547.0M186.0M1.07B306.7M994.9M
Net VEX-7.8M-8.4M-7.4M-8.1M-7.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.271.200.280.72
Total Volume61,801.10534,325150,48870,76657,682
Total OI1,374,720.6321,279,6241,453,1771,279,6241,448,726

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-04-03$41.42$40.0024.0%5.4%15.7%18.9%19.5%4.1%0.5%884.1K306.7M-8.1M0.282.9055,38615,380615,156664,468
2023-04-04$40.89$40.0023.6%5.7%15.2%16.8%19.9%3.7%0.9%-4.7M435.2M-7.9M0.582.5623,34713,568636,497667,671
2023-04-05$41.70$40.0023.9%5.8%16.3%18.2%20.3%3.4%0.5%12.3M206.6M-8.4M0.273.44118,12532,363644,989675,201
2023-04-06$41.41$40.0024.7%6.8%15.4%22.5%24.0%2.7%1.5%9.4M277.8M-8.2M0.332.0141,57713,882676,313688,646
2023-04-10$41.63$40.0025.4%6.9%15.2%26.5%25.0%4.2%-1.6%5.8M275.4M-8.2M0.522.1226,65113,913658,276680,150
2023-04-11$41.84$40.0025.1%6.9%14.4%25.1%25.3%3.4%-1.3%12.2M186.0M-8.1M0.472.3523,81411,100669,634688,238
2023-04-12$41.34$40.0025.8%6.8%15.0%28.6%24.0%3.9%-2.8%-399.1K346.1M-8.1M0.533.4130,31015,915676,567692,849
2023-04-13$41.64$40.0024.1%6.6%14.9%19.6%24.1%4.0%-1.6%6.8M256.6M-8.0M0.392.0727,79910,926676,972700,853
2023-04-14$41.11$40.0024.9%7.2%15.7%23.8%22.8%3.8%1.2%-8.8M402.7M-7.8M0.362.1062,30422,701688,363705,505
2023-04-17$41.22$40.0024.8%7.1%15.7%23.0%24.2%4.3%-2.7%-5.3M370.6M-7.8M0.362.3025,3059,020681,684703,513
2023-04-18$40.63$40.0023.8%6.8%16.0%17.5%23.1%4.1%-2.5%-23.1M531.3M-7.7M0.701.9723,49016,499695,087706,600
2023-04-19$40.28$40.0023.5%6.7%16.3%16.1%23.4%3.7%-1.1%-34.2M637.8M-7.7M0.841.7220,00316,893702,047714,930
2023-04-20$39.89$40.0023.3%6.8%16.4%15.1%23.5%4.7%-1.0%-39.3M766.4M-7.6M1.183.3530,42935,806710,693720,196
2023-04-21$40.13$40.0022.9%6.7%16.6%12.6%23.4%3.9%-0.9%-33.1M665.4M-7.6M0.961.7035,33933,856713,933739,244
2023-04-24$39.84$40.0023.2%6.9%16.7%14.5%23.8%3.9%-1.6%-34.9M770.3M-7.5M0.632.1946,13029,178611,697703,712
2023-04-25$39.36$40.0025.1%7.6%17.2%25.0%25.2%4.9%-1.5%-37.5M875.2M-7.6M0.593.0048,80028,853634,877723,221
2023-04-26$38.55$40.0024.9%7.9%18.4%23.5%27.3%5.0%-1.2%-39.5M1.07B-7.4M1.202.6241,17549,304656,309734,047
2023-04-27$38.72$40.0024.4%7.9%18.3%21.1%27.4%4.3%-0.7%-38.2M1.02B-7.5M0.446.6646,83920,559671,108741,720
2023-04-28$38.78$40.0022.7%7.1%18.2%11.8%24.2%3.7%-0.6%-36.5M994.9M-7.5M0.722.4533,58924,093698,297750,429