PFFA Options History — September 2024

In September 2024, PFFA traded between $21.89 and $22.95. ATM implied volatility averaged 7.4%, placing in the 7.2% IV rank vs the trailing year. The 30-day expected move averaged 2.1%. IV traded above realized volatility by 1.9% (HV 20d: 5.6%). Max pain ranged from $21.00 to $22.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 1.06.

Notable Days

  • 2024-09-18: Highest Volume — 107 contracts
  • 2024-09-26: Largest IV spike — 59.4% change
  • 2024-09-16: Highest IV Rank — 17.0%
  • 2024-09-16: Largest Expected Move — 3.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.52$21.89$22.95$21.89$22.82
Max Pain$21.90$21.00$22.00$21.00$22.00
ATM IV7.4%3.1%13.5%4.5%5.3%
Expected Move2.1%0.9%3.9%1.3%1.5%
HV 20d5.6%4.2%7.2%7.2%5.6%
HV 60d7.8%7.6%7.9%7.9%7.7%
IV Rank7.2%0.2%17.0%2.5%3.8%
IV Percentile34.0%0.4%85.3%3.6%8.7%
Term Structure4.3%-2.5%15.3%1.7%10.9%
VWIV12.4%2.6%37.0%2.8%3.8%
Skew 25d11.2%2.1%39.8%38.4%2.1%
Skew 10d19.8%0.2%60.9%31.1%0.2%
Call IV 25d6.4%4.0%18.3%18.3%5.3%
Put IV 25d17.6%6.7%56.7%56.7%7.4%
Bid-Ask Spread %120.31106.27145.87107.52106.27
Gamma HHI0.600.300.940.740.33
Net GEX26.0K-1.0K73.3K33.1K16.9K
Net DEX-212.4K-356.3K-69.4K-100.5K-90.2K
Net VEX-767-1.6K-296-544-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.060.007.007.000.89
Total Volume23.6501071636
Total OI521.15477675479528

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$21.89$21.004.5%1.3%7.2%2.5%2.8%38.4%1.7%33.1K-100.5K-5447.00107.52N/AN/A214173306
2024-09-04$21.99$21.006.1%1.7%6.3%5.0%6.1%39.8%1.3%39.4K-170.6K-4850.00108.56N/AN/A02175302
2024-09-05$22.11$22.008.7%2.5%6.4%9.2%8.8%21.6%-1.8%37.9K-207.4K-4720.00125.89N/AN/A210175302
2024-09-06$22.06$22.007.0%2.0%6.6%6.6%25.1%23.0%0.3%43.6K-195.4K-5271.00114.23N/AN/A44182302
2024-09-09$22.19$22.006.7%2.1%6.7%6.0%0.0%18.2%-0.5%73.3K-291.2K-3640.00124.60N/AN/A130182306
2024-09-10$22.23$22.009.0%2.3%6.2%9.7%0.0%17.6%-2.5%55.5K-271.5K-4620.67124.58N/AN/A32183306
2024-09-11$22.27$22.006.5%1.9%5.3%5.7%7.9%6.6%4.6%34.8K-277.8K-5520.15117.71N/AN/A132186308
2024-09-12$22.37$22.009.1%2.6%5.4%9.8%0.0%11.4%-1.0%25.7K-268.6K-4970.00121.56N/AN/A00184310
2024-09-13$22.45$22.008.8%2.5%5.4%9.3%0.0%3.8%-0.3%24.7K-284.7K-5501.17120.55N/AN/A1214183310
2024-09-16$22.57$22.0013.5%3.9%5.0%17.0%0.0%5.1%0.2%12.7K-319.9K-2960.70121.51N/AN/A2719185321
2024-09-17$22.62$22.009.7%2.8%4.9%10.8%9.0%4.2%-1.2%12.9K-294.8K-3841.16123.41N/AN/A4350194340
2024-09-18$22.76$22.0010.1%2.9%4.2%11.5%37.0%3.5%-0.7%22.9K-356.3K-4121.97145.87N/AN/A3671231389
2024-09-19$22.95$22.0010.5%3.0%4.6%12.2%23.0%7.0%10.2%25.2K-346.0K-3660.00125.79N/AN/A250216459
2024-09-20$22.84$22.005.8%1.7%5.3%4.6%2.6%4.1%9.7%3.5K-69.4K-1.4K0.42114.83N/AN/A2410147459
2024-09-23$22.81$22.007.2%2.1%5.3%6.8%3.1%4.4%10.5%-1.0K-143.3K-1.2K0.08120.08N/AN/A131156351
2024-09-24$22.89$22.007.6%2.2%5.3%7.4%0.0%3.6%7.8%21.0K-154.3K-1.2K0.00120.13N/AN/A00164352
2024-09-25$22.86$22.003.1%0.9%5.4%0.2%29.8%2.2%11.4%12.2K-141.4K-1.3K0.33121.77N/AN/A31165352
2024-09-26$22.88$22.004.9%1.4%5.3%3.1%2.8%3.4%15.3%10.3K-151.3K-1.3K0.00130.65N/AN/A10167352
2024-09-27$22.88$22.005.0%1.4%5.4%3.3%0.0%3.5%10.9%15.5K-113.2K-1.5K2.50110.78N/AN/A25168352
2024-09-30$22.82$22.005.3%1.5%5.6%3.8%3.8%2.1%10.9%16.9K-90.2K-1.6K0.89106.27N/AN/A1917171357