PFFA Options History — June 2025

In June 2025, PFFA traded between $20.43 and $20.88. ATM implied volatility averaged 9.6%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 2.8%. IV traded above realized volatility by 0.9% (HV 20d: 8.7%). Max pain ranged from $19.00 to $21.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 2.36.

Notable Days

  • 2025-06-24: Highest Volume — 73 contracts
  • 2025-06-25: Largest IV spike — 132.9% change
  • 2025-06-03: Highest IV Rank — 44.0%
  • 2025-06-03: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.72$20.43$20.88$20.43$20.85
Max Pain$20.00$19.00$21.00$21.00$20.00
ATM IV9.6%4.5%18.7%17.5%5.9%
Expected Move2.8%1.3%5.4%5.0%1.7%
HV 20d8.7%6.4%10.3%10.2%6.5%
HV 60d16.2%16.1%16.3%16.2%16.3%
IV Rank18.5%4.2%44.0%40.7%8.2%
IV Percentile48.0%3.6%90.1%88.9%12.3%
Term Structure4.5%-12.7%32.1%-10.4%11.2%
VWIV10.0%4.3%23.4%6.4%4.3%
Skew 25d4.1%-4.4%24.6%-4.4%2.6%
Skew 10d9.7%-1.9%30.7%20.2%0.5%
Call IV 25d6.6%2.8%10.8%10.6%5.7%
Put IV 25d10.7%6.2%31.7%6.2%8.3%
Bid-Ask Spread %117.7398.99130.97104.38117.61
Gamma HHI0.450.220.690.490.62
Net GEX24.9K-49.0K118.3K-48.9K109.4K
Net DEX153.6K-253.5K456.6K456.6K-253.5K
Net VEX-2.3K-2.8K-2.0K-2.3K-2.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.360.0012.003.500.12
Total Volume26.8273937
Total OI1,752.61,1462,0611,8921,281

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$20.43$21.0017.5%5.0%10.2%40.7%6.4%-4.4%-10.4%-48.9K456.6K-2.3K3.50104.38N/AN/A271,069823
2025-06-03$20.45$21.0018.7%5.4%10.1%44.0%5.9%-4.3%-12.7%-49.0K447.6K-2.2K0.73103.05N/AN/A22161,067829
2025-06-04$20.55$21.009.0%2.6%10.2%17.0%11.4%-2.5%-1.9%-45.9K390.9K-2.2K1.0098.99N/AN/A111,089839
2025-06-05$20.59$19.008.8%2.3%10.3%16.2%0.0%5.9%4.5%-42.4K361.5K-2.2K1.00114.58N/AN/A221,090840
2025-06-06$20.66$19.008.8%2.3%10.2%16.5%0.0%6.0%3.4%-27.8K301.1K-2.0K0.16123.49N/AN/A1931,092841
2025-06-09$20.73$19.007.2%2.8%10.1%12.0%7.3%24.4%0.1%15.8K344.8K-2.0K0.19119.54N/AN/A2141,107841
2025-06-10$20.77$19.006.2%2.6%9.9%9.2%0.0%24.6%1.7%-340180.8K-2.4K0.03123.42N/AN/A3311,121841
2025-06-11$20.81$19.009.7%2.8%9.8%18.8%5.9%0.9%0.7%13.9K89.0K-2.8K0.38124.94N/AN/A831,152842
2025-06-12$20.83$19.0010.3%3.0%9.7%20.6%0.0%2.8%1.8%13.6K196.7K-2.3K0.40130.97N/AN/A1041,160842
2025-06-13$20.68$19.0010.2%2.9%9.9%20.3%23.4%0.1%0.5%29.8K364.6K-2.4K4.00130.79N/AN/A141,168844
2025-06-16$20.76$20.0011.8%3.4%9.4%24.7%0.0%2.1%1.9%25.3K295.7K-2.4K0.00128.81N/AN/A0411,168848
2025-06-17$20.82$20.0011.5%3.3%9.3%24.0%0.0%3.3%3.3%17.0K221.7K-2.3K12.00128.12N/AN/A2241,168887
2025-06-18$20.88$20.0010.8%3.1%8.7%21.8%16.5%2.3%32.1%885195.1K-2.7K7.00125.89N/AN/A171,164897
2025-06-20$20.71$21.0011.5%3.3%6.4%23.8%0.0%1.9%-1.4%43.2K381.8K-2.6K4.07116.71N/AN/A14571,157899
2025-06-23$20.69$21.009.2%2.6%6.4%17.4%8.1%-0.4%7.4%44.5K-143.2K-2.3K0.13105.61N/AN/A162710436
2025-06-24$20.84$21.004.5%1.3%6.8%4.2%0.0%3.5%12.1%82.4K-192.0K-2.1K0.16113.26N/AN/A6310724438
2025-06-25$20.76$21.0010.4%3.0%6.5%20.9%10.4%5.1%13.0%80.6K-202.8K-2.2K0.00114.08N/AN/A630784445
2025-06-26$20.82$20.004.6%1.3%6.4%4.6%0.0%3.9%12.3%117.3K-205.9K-2.4K10.00116.97N/AN/A220831444
2025-06-27$20.79$20.004.6%1.3%6.4%4.6%0.0%4.4%10.7%118.3K-157.9K-2.6K0.00113.35N/AN/A130831443
2025-06-30$20.85$20.005.9%1.7%6.5%8.2%4.3%2.6%11.2%109.4K-253.5K-2.2K0.12117.61N/AN/A334838443