PFFA Options History — April 2024

In April 2024, PFFA traded between $20.13 and $21.01. ATM implied volatility averaged 9.3%, placing in the 8.2% IV rank vs the trailing year. The 30-day expected move averaged 2.6%. IV traded above realized volatility by 0.7% (HV 20d: 8.6%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 4 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 5.77.

Notable Days

  • 2024-04-02: Highest Volume — 24 contracts
  • 2024-04-15: Largest IV spike — 205.0% change
  • 2024-04-16: Highest IV Rank — 21.4%
  • 2024-04-16: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.60$20.13$21.01$21.01$20.44
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV9.3%4.9%17.3%5.9%8.9%
Expected Move2.6%1.4%5.0%1.7%2.5%
HV 20d8.6%4.8%11.6%4.9%11.4%
HV 60d8.8%7.9%9.6%7.9%9.4%
IV Rank8.2%0.8%21.4%2.6%7.4%
IV Percentile36.6%1.6%84.5%3.2%36.9%
Term Structure-1.0%-10.0%6.3%0.6%-5.6%
VWIV10.9%6.0%23.6%7.1%11.7%
Skew 25d8.6%-1.1%29.9%1.4%0.1%
Skew 10d15.9%-1.9%38.3%5.1%1.1%
Call IV 25d7.5%5.4%15.2%7.9%7.1%
Put IV 25d16.0%5.8%37.2%9.3%7.2%
Bid-Ask Spread %113.0697.09130.80116.7499.78
Gamma HHI0.490.370.680.470.39
Net GEX-2.8K-10.7K4.2K3.8K-3.9K
Net DEX95.6K-30.1K230.5K-30.1K130.1K
Net VEX-665-791-464-675-725
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.770.0021.001.0021.00
Total Volume9.409024422
Total OI312.318247364247330

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$21.01$21.005.9%1.7%4.9%2.6%7.1%1.4%0.6%3.8K-30.1K-6751.00116.74N/AN/A22122125
2024-04-02$20.88$21.006.1%1.8%5.3%2.8%6.0%3.5%0.8%3.5K3.8K-6962.00119.10N/AN/A816137128
2024-04-03$20.96$21.007.8%2.2%5.5%5.6%10.0%5.7%2.4%-104-7.5K-69815.00117.89N/AN/A115143144
2024-04-04$20.95$21.006.5%2.3%5.4%3.4%0.0%2.3%-0.3%-10.5K11.7K-7270.00130.80N/AN/A05143157
2024-04-05$20.99$21.0010.0%2.3%5.0%9.3%0.0%21.8%0.2%-6215.2K-7030.00128.54N/AN/A07143162
2024-04-08$21.01$21.009.7%2.1%4.8%8.7%0.0%21.9%0.9%-1.8K4.8K-6530.00129.93N/AN/A00143167
2024-04-09$20.98$21.009.9%1.9%4.8%9.1%0.0%24.2%1.3%1.8K19.1K-6620.40126.90N/AN/A104143167
2024-04-10$20.73$21.0011.8%3.4%6.3%12.2%0.0%8.3%6.3%-4.2K79.6K-79112.00124.20N/AN/A112153171
2024-04-11$20.68$21.004.9%1.4%6.4%0.8%0.0%29.9%3.2%4.2K131.3K-4641.00130.74N/AN/A11154183
2024-04-12$20.70$21.005.0%1.4%6.4%1.0%6.7%7.9%6.3%-9.2K118.6K-7720.20119.28N/AN/A51155184
2024-04-15$20.21$21.0015.3%4.4%10.4%18.0%23.6%12.7%-5.7%-4.8K179.8K-7513.00104.22N/AN/A13160185
2024-04-16$20.13$21.0017.3%5.0%10.4%21.4%14.5%6.8%-10.0%-6.7K210.4K-6470.00112.58N/AN/A100161190
2024-04-17$20.36$21.0012.5%3.6%11.4%13.4%12.9%14.5%-4.0%-6.9K185.7K-6912.00108.33N/AN/A12169190
2024-04-18$20.29$21.009.6%2.7%11.3%8.6%10.0%10.5%-1.3%-10.7K204.4K-5770.00101.69N/AN/A07170192
2024-04-19$20.39$21.0013.3%3.8%11.3%14.6%14.0%14.7%-5.3%-3.4K230.5K-6310.00114.87N/AN/A07170194
2024-04-22$20.38$21.008.3%2.4%11.3%6.5%6.3%1.0%-1.1%-1.4K110.5K-5900.0097.09N/AN/A04143134
2024-04-23$20.49$21.008.4%2.4%11.5%6.6%10.3%1.1%-4.7%-4.3K96.0K-5480.18102.88N/AN/A112143135
2024-04-24$20.45$21.008.2%2.3%11.5%6.2%0.0%0.5%-0.6%-1.6K99.8K-6300.0098.49N/AN/A01153137
2024-04-25$20.41$21.009.4%2.7%11.4%8.4%9.1%1.4%-1.2%-176101.1K-6573.00104.95N/AN/A13153136
2024-04-26$20.36$21.007.7%2.2%11.3%5.4%0.0%-1.1%1.3%-1.0K106.8K-6580.0099.58N/AN/A020154137
2024-04-29$20.48$21.009.1%2.6%11.6%7.8%0.0%-0.5%-5.3%-3.5K111.0K-68220.0098.83N/AN/A120154157
2024-04-30$20.44$21.008.9%2.5%11.4%7.4%11.7%0.1%-5.6%-3.9K130.1K-72521.0099.78N/AN/A121154176