PFFA Options History — December 2024

In December 2024, PFFA traded between $21.77 and $22.75. ATM implied volatility averaged 10.3%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 3.2%. IV traded above realized volatility by 3.3% (HV 20d: 7.0%). Max pain ranged from $21.00 to $23.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 2.71.

Notable Days

  • 2024-12-19: Highest Volume — 136 contracts
  • 2024-12-31: Largest IV spike — 77.7% change
  • 2024-12-27: Highest IV Rank — 29.7%
  • 2024-12-27: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.32$21.77$22.75$22.66$21.90
Max Pain$22.14$21.00$23.00$23.00$22.00
ATM IV10.3%5.7%21.4%5.7%14.5%
Expected Move3.2%1.6%6.1%1.6%4.2%
HV 20d7.0%5.8%8.7%8.7%5.9%
HV 60d7.6%7.3%7.8%7.8%7.8%
IV Rank11.8%4.4%29.7%4.4%18.6%
IV Percentile57.4%9.5%97.2%9.5%88.9%
Term Structure-1.1%-11.0%9.1%-1.1%-6.5%
VWIV12.9%4.2%37.3%8.7%37.3%
Skew 25d9.1%-10.9%49.3%44.3%20.6%
Skew 10d20.7%0.4%79.3%75.4%6.6%
Call IV 25d12.1%4.3%28.9%26.0%18.1%
Put IV 25d21.3%7.7%74.6%70.3%38.7%
Bid-Ask Spread %129.2096.50140.82108.01127.93
Gamma HHI0.540.300.760.650.41
Net GEX102-370.1K128.8K79.4K-12.8K
Net DEX61.0K-203.8K518.7K-136.5K157.7K
Net VEX-2.1K-2.5K-1.6K-1.6K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.710.0529.500.390.91
Total Volume34.5712136221
Total OI1,176.4767461,5001,228810

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$22.66$23.005.7%1.6%8.7%4.4%0.0%44.3%-1.1%79.4K-136.5K-1.6K0.00108.01N/AN/A02588640
2024-12-03$22.62$23.006.8%1.9%8.3%6.2%8.7%49.3%-1.3%86.8K-173.2K-1.9K0.3997.33N/AN/A239588642
2024-12-04$22.65$23.005.9%1.7%8.0%4.7%6.6%45.8%-1.4%70.1K-143.2K-1.7K1.6096.50N/AN/A1524607650
2024-12-05$22.75$21.006.8%3.2%8.2%6.2%0.0%2.0%3.7%128.8K-184.1K-2.1K0.00139.63N/AN/A02605674
2024-12-06$22.73$21.006.9%3.2%7.9%6.4%0.0%1.8%3.7%118.7K-203.8K-2.2K0.05140.46N/AN/A201605676
2024-12-09$22.66$21.007.0%3.4%7.4%6.5%4.2%6.7%3.9%96.4K-110.1K-2.5K1.00138.03N/AN/A22619677
2024-12-10$22.66$21.007.3%3.5%7.1%7.0%0.0%7.0%3.5%91.0K-134.8K-2.0K0.20138.38N/AN/A51621679
2024-12-11$22.64$21.009.3%2.7%6.9%10.3%0.0%8.2%4.9%63.3K-51.4K-2.1K0.67140.82N/AN/A32621678
2024-12-12$22.55$21.008.6%2.5%7.0%9.1%8.7%4.7%1.1%50.2K-36.5K-1.9K0.00136.68N/AN/A028622680
2024-12-13$22.44$22.009.7%2.8%7.1%10.8%7.6%-8.2%-4.6%12.1K62.7K-2.0K0.24139.16N/AN/A6616622708
2024-12-16$22.41$22.0010.6%3.0%7.2%12.3%0.0%6.3%-6.4%17.4K62.2K-1.9K0.12136.65N/AN/A435682723
2024-12-17$22.37$22.0010.4%3.0%7.1%11.9%0.0%6.5%-6.8%14.6K14.8K-2.4K1.45137.29N/AN/A1116716728
2024-12-18$22.13$22.0010.9%3.1%8.0%12.8%11.5%4.0%-5.7%-71.4K309.9K-2.1K0.38134.04N/AN/A83713733
2024-12-19$21.99$22.0014.1%4.1%6.8%18.0%11.0%-10.9%-2.9%-223.4K518.7K-2.1K2.32134.07N/AN/A4195673736
2024-12-20$21.99$23.0016.7%4.8%6.4%22.1%22.0%6.4%0.1%-370.1K495.0K-2.2K29.50130.64N/AN/A259673827
2024-12-23$22.02$23.0013.5%3.9%6.2%17.1%12.4%1.9%-11.0%-25.1K145.2K-2.2K0.34131.61N/AN/A4415314432
2024-12-24$21.99$23.008.8%2.5%6.0%9.4%11.1%0.1%5.0%-26.5K117.5K-2.3K3.00131.31N/AN/A13357432
2024-12-26$21.91$23.0013.3%3.8%6.1%16.7%11.4%-3.8%-5.6%-28.6K172.1K-2.2K1.43126.31N/AN/A710358435
2024-12-27$21.77$23.0021.4%6.1%5.9%29.7%22.9%-3.4%-5.7%-31.5K206.4K-2.2K0.00128.72N/AN/A043352439
2024-12-30$21.87$23.008.2%2.3%5.8%8.4%4.8%2.8%9.1%-37.4K193.3K-2.0K2.55119.69N/AN/A2256352419
2024-12-31$21.90$22.0014.5%4.2%5.9%18.6%37.3%20.6%-6.5%-12.8K157.7K-2.1K0.91127.93N/AN/A1110376434