PFE Options History — July 2024

In July 2024, PFE traded between $27.68 and $31.36. ATM implied volatility averaged 26.1%, placing in the 52.6% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 6.1% (HV 20d: 20.0%). Max pain ranged from $27.00 to $29.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.48.

Notable Days

2024-07-25: Highest Volume — 818,360 contracts
2024-07-26: Largest IV drop — 9.4% change
2024-07-11: Highest IV Rank — 67.7%
2024-07-29: Largest Expected Move — 9.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$29.28	$27.68	$31.36	$28.21	$30.63
Max Pain	$27.50	$27.00	$29.00	$28.00	$29.00
ATM IV	26.1%	22.6%	28.4%	25.9%	22.6%
Expected Move	7.4%	5.7%	9.3%	6.0%	6.5%
HV 20d	20.0%	16.5%	23.8%	23.8%	19.5%
HV 60d	24.7%	21.1%	25.6%	25.2%	21.9%
IV Rank	52.6%	29.2%	67.7%	51.1%	29.2%
IV Percentile	63.0%	22.6%	80.2%	64.7%	22.6%
Term Structure	-1.1%	-3.1%	1.2%	-1.0%	-0.3%
VWIV	25.9%	20.3%	33.3%	21.1%	23.2%
Skew 25d	0.9%	-0.5%	2.7%	2.4%	0.5%
Skew 10d	1.4%	-0.9%	3.6%	3.1%	3.6%
Call IV 25d	26.0%	22.8%	28.3%	24.6%	22.8%
Put IV 25d	26.9%	23.2%	29.6%	27.0%	23.2%
Bid-Ask Spread %	7.76	3.43	18.07	17.44	3.90
Gamma HHI	0.13	0.08	0.35	0.10	0.10
Net GEX	18.6M	-18.1M	57.6M	6.3M	38.9M
Net DEX	-427.6M	-1.17B	341.2M	1.2M	-799.7M
Net VEX	-13.6M	-14.2M	-13.1M	-13.5M	-14.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.48	0.09	0.97	0.40	0.48
Total Volume	185,919.273	41,640	818,360	107,236	155,662
Total OI	2,807,362.364	2,652,411	3,003,980	2,712,576	2,854,361

Daily Data (22 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
2024-07-01	$28.21	$28.00	25.9%	6.0%	23.8%	51.1%	21.1%	2.4%	-1.0%	6.3M	1.2M	-13.5M	0.40	17.44	76,696	30,540	1,315,774	1,396,802
2024-07-02	$27.86	$28.00	25.6%	5.7%	21.8%	49.4%	20.3%	2.2%	-0.9%	-6.9M	227.2M	-13.3M	0.97	8.90	44,393	43,081	1,337,919	1,405,557
2024-07-03	$27.74	$28.00	26.6%	6.0%	21.5%	56.1%	20.7%	0.9%	-2.2%	-13.4M	293.3M	-13.3M	0.46	18.07	28,616	13,024	1,347,080	1,431,274
2024-07-05	$28.04	$27.00	25.6%	7.1%	22.0%	49.5%	24.7%	1.8%	-1.3%	-5.2M	116.5M	-13.3M	0.64	4.07	42,473	27,241	1,354,384	1,437,113
2024-07-08	$27.84	$27.00	26.7%	7.2%	20.9%	56.6%	25.3%	1.3%	-0.9%	-14.5M	231.3M	-13.1M	0.80	7.60	38,901	31,127	1,320,344	1,421,389
2024-07-09	$27.68	$27.00	27.1%	7.5%	20.8%	59.3%	26.5%	1.8%	-0.4%	-18.1M	341.2M	-13.1M	0.64	10.78	75,526	48,699	1,336,012	1,424,766
2024-07-10	$28.23	$27.00	27.6%	7.7%	21.1%	62.6%	26.6%	0.2%	-0.4%	-4.6M	6.7M	-13.4M	0.32	6.29	76,848	24,947	1,359,189	1,450,072
2024-07-11	$28.64	$27.00	28.4%	7.6%	21.7%	67.7%	27.2%	0.7%	-1.2%	12.5M	-262.6M	-13.5M	0.46	5.68	138,984	64,020	1,378,128	1,461,658
2024-07-12	$28.96	$27.00	25.9%	7.2%	21.1%	51.3%	25.1%	1.0%	-1.3%	5.8M	-444.1M	-13.4M	0.51	8.26	115,240	58,585	1,403,663	1,498,711
2024-07-15	$29.16	$27.00	25.7%	7.3%	21.2%	49.8%	25.2%	1.1%	-1.2%	30.6M	-531.0M	-13.2M	0.65	3.47	73,894	48,057	1,386,688	1,468,806
2024-07-16	$29.41	$27.00	25.5%	7.3%	21.1%	48.4%	25.2%	0.9%	-1.0%	37.4M	-689.7M	-13.3M	0.31	6.70	92,571	28,512	1,409,598	1,500,443
2024-07-17	$29.98	$27.00	25.9%	7.4%	19.6%	51.2%	26.0%	0.5%	-0.8%	46.9M	-1.00B	-13.5M	0.28	7.27	177,594	50,117	1,408,424	1,508,827
2024-07-18	$29.69	$27.00	27.4%	8.0%	19.8%	61.4%	28.1%	-0.1%	-3.1%	38.6M	-798.4M	-13.8M	0.44	7.72	181,881	79,938	1,427,689	1,529,156
2024-07-19	$29.91	$27.00	26.6%	8.0%	19.5%	56.0%	28.4%	0.1%	-1.1%	57.6M	-879.0M	-13.8M	0.48	4.13	84,182	40,631	1,442,459	1,561,521
2024-07-22	$29.55	$27.00	26.9%	7.9%	20.1%	57.7%	27.9%	-0.1%	-1.3%	10.3M	-429.2M	-13.4M	0.42	6.87	98,457	41,519	1,297,243	1,404,956
2024-07-23	$29.51	$27.00	26.2%	7.7%	18.8%	53.0%	27.3%	0.2%	-0.5%	8.7M	-416.0M	-13.5M	0.41	18.04	44,060	17,947	1,328,042	1,425,471
2024-07-24	$29.91	$27.00	27.2%	8.1%	18.6%	60.0%	28.5%	-0.5%	-1.0%	33.7M	-631.1M	-13.8M	0.30	8.49	81,429	24,649	1,339,548	1,429,746
2024-07-25	$30.27	$27.00	27.3%	8.2%	16.5%	60.5%	23.5%	0.3%	-1.5%	47.8M	-848.9M	-13.6M	0.09	5.47	754,166	64,194	1,349,704	1,431,114
2024-07-26	$30.77	$29.00	24.7%	8.5%	16.7%	43.4%	30.0%	2.7%	1.2%	26.8M	-897.1M	-14.1M	0.38	3.43	200,018	75,116	1,286,574	1,455,474
2024-07-29	$30.70	$29.00	24.3%	9.3%	16.9%	40.3%	33.3%	1.3%	-1.2%	23.6M	-824.6M	-14.2M	0.72	3.49	162,509	117,350	1,274,464	1,377,947
2024-07-30	$31.36	$29.00	24.6%	7.3%	17.7%	42.7%	26.4%	0.6%	-1.7%	47.1M	-1.17B	-14.2M	0.50	4.76	277,651	139,179	1,346,147	1,437,735
2024-07-31	$30.63	$29.00	22.6%	6.5%	19.5%	29.2%	23.2%	0.5%	-0.3%	38.9M	-799.7M	-14.1M	0.48	3.90	105,294	50,368	1,358,582	1,495,779