PFFA Options History — June 2021

In June 2021, PFFA traded between $24.59 and $25.11. ATM implied volatility averaged 13.9%. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 8.6% (HV 20d: 5.3%). Max pain ranged from $23.00 to $25.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.54.

Notable Days

  • 2021-06-29: Highest Volume — 51 contracts
  • 2021-06-25: Largest IV spike — 71.1% change
  • 2021-06-16: Largest Expected Move — 4.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.90$24.59$25.11$24.59$25.11
Max Pain$24.59$23.00$25.00$23.00$24.00
ATM IV13.9%6.9%17.0%14.5%10.1%
Expected Move4.0%2.0%4.9%4.1%2.9%
HV 20d5.3%2.5%9.6%9.6%2.8%
HV 60d7.4%6.2%8.3%8.3%6.3%
Term Structure-1.4%-8.5%9.1%9.0%-4.8%
VWIV20.1%14.5%25.8%14.5%25.8%
Skew 25d7.9%0.7%18.2%2.9%8.1%
Skew 10d5.5%-1.5%16.8%-1.1%16.8%
Call IV 25d11.3%6.1%20.3%6.4%8.8%
Put IV 25d19.2%9.3%26.6%9.3%16.9%
Bid-Ask Spread %121.19116.24127.44119.19118.71
Gamma HHI0.460.250.730.480.39
Net GEX6.1K1.3K14.3K4.5K4.3K
Net DEX-78.6K-100.7K-50.1K-60.2K-82.2K
Net VEX-223-283-160-185-240
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.002.500.000.82
Total Volume6.545051120
Total OI82.560927692

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$24.59$23.0014.5%4.1%9.6%0.0%0.0%2.9%9.0%4.5K-60.2K-1850.00119.19N/AN/A1204927
2021-06-02$24.66$23.0014.5%4.1%9.6%0.0%0.0%2.5%9.1%6.2K-80.3K-2590.00119.59N/AN/A006127
2021-06-03$24.71$25.0014.4%4.4%9.6%0.0%0.0%1.4%-2.8%6.8K-84.3K-2450.00124.89N/AN/A506127
2021-06-04$24.75$25.0014.4%4.5%9.6%0.0%0.0%0.9%-8.5%5.8K-83.3K-2830.00125.10N/AN/A006127
2021-06-07$24.82$25.0014.9%3.6%9.3%0.0%0.0%2.4%2.4%6.9K-87.0K-2660.00124.86N/AN/A1006127
2021-06-08$24.85$25.0015.7%4.6%9.3%0.0%0.0%1.3%-4.1%7.0K-89.7K-2561.00124.77N/AN/A116127
2021-06-09$24.88$25.0015.8%4.5%8.6%0.0%0.0%0.7%-1.4%7.5K-99.1K-1910.00124.49N/AN/A006227
2021-06-10$24.92$25.0016.0%4.6%5.2%0.0%0.0%13.2%-1.4%8.0K-100.7K-1790.00122.77N/AN/A006227
2021-06-11$24.95$25.0015.8%4.5%3.6%0.0%0.0%0.8%-3.8%8.0K-97.4K-2340.00124.94N/AN/A006227
2021-06-14$24.97$25.0016.1%4.6%3.6%0.0%0.0%14.4%-1.8%8.7K-80.4K-1600.00123.14N/AN/A105227
2021-06-15$25.02$25.0016.3%4.7%3.6%0.0%0.0%16.1%-4.2%5.8K-76.7K-2090.00123.14N/AN/A025227
2021-06-16$25.03$25.0017.0%4.9%3.6%0.0%0.0%16.2%-4.3%6.6K-76.1K-2080.00122.53N/AN/A005229
2021-06-17$25.04$25.0014.6%4.2%3.5%0.0%0.0%13.1%-3.0%14.3K-82.1K-1800.00118.69N/AN/A015229
2021-06-18$24.97$25.0014.9%4.3%3.1%0.0%0.0%12.5%-1.4%14.3K-69.6K-2260.00119.50N/AN/A015230
2021-06-21$24.90$25.0013.4%3.8%3.3%0.0%0.0%12.0%-3.8%1.9K-50.1K-1890.00118.19N/AN/A803525
2021-06-22$24.91$25.0011.2%3.2%3.3%0.0%0.0%3.7%-5.1%1.3K-54.9K-2810.00116.24N/AN/A004325
2021-06-23$24.92$25.0011.5%3.3%3.3%0.0%14.5%4.0%-1.6%2.2K-54.3K-2360.54116.43N/AN/A24134325
2021-06-24$24.95$24.006.9%2.0%3.1%0.0%0.0%9.1%7.3%2.2K-74.6K-2322.50116.74N/AN/A4105025
2021-06-25$24.95$24.0011.7%3.4%3.1%0.0%0.0%4.3%-2.1%2.0K-81.5K-2220.00117.72N/AN/A005435
2021-06-28$25.02$24.0012.4%3.6%3.1%0.0%0.0%15.2%0.3%5.0K-86.4K-1810.00127.44N/AN/A005435
2021-06-29$24.99$24.0012.9%3.7%2.5%0.0%25.8%18.2%-4.1%4.7K-78.5K-2360.82117.08N/AN/A28235435
2021-06-30$25.11$24.0010.1%2.9%2.8%0.0%0.0%8.1%-4.8%4.3K-82.2K-2400.00118.71N/AN/A005438