PFFA Options History — April 2026

In April 2026, PFFA traded between $20.59 and $20.62. ATM implied volatility averaged 219.4%, placing in the 85.5% IV rank vs the trailing year. The 30-day expected move averaged 62.9%. IV traded above realized volatility by 206.4% (HV 20d: 13.1%). Max pain ranged from $21.00 to $23.00. Net GEX was positive for 0 of 2 trading days. Term structure was in contango for 2 of 2 days. Put/call ratio averaged 0.40.

Notable Days

2026-04-02: Highest Volume — 22 contracts
2026-04-02: Largest IV drop — 4.3% change
2026-04-01: Highest IV Rank — 87.4%
2026-04-01: Largest Expected Move — 64.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.61	$20.59	$20.62	$20.59	$20.62
Max Pain	$22.00	$21.00	$23.00	$23.00	$21.00
ATM IV	219.4%	214.6%	224.3%	224.3%	214.6%
Expected Move	62.9%	61.5%	64.3%	64.3%	61.5%
HV 20d	13.1%	13.0%	13.2%	13.2%	13.0%
HV 60d	9.9%	9.9%	9.9%	9.9%	9.9%
IV Rank	85.5%	83.6%	87.4%	87.4%	83.6%
IV Percentile	98.8%	98.4%	99.2%	99.2%	98.4%
Term Structure	11.2%	3.4%	19.0%	3.4%	19.0%
VWIV	52.6%	52.6%	52.6%	52.6%	52.6%
Skew 25d	5.4%	4.9%	5.8%	4.9%	5.8%
Skew 10d	25.6%	12.2%	39.1%	12.2%	39.1%
Call IV 25d	6.3%	6.2%	6.4%	6.2%	6.4%
Put IV 25d	11.6%	11.1%	12.2%	11.1%	12.2%
Bid-Ask Spread %	41.46	35.72	47.20	35.72	47.20
Gamma HHI	0.40	0.32	0.48	0.32	0.48
Net GEX	-19.1K	-23.6K	-14.6K	-14.6K	-23.6K
Net DEX	417.0K	412.4K	421.7K	412.4K	421.7K
Net VEX	-3.8K	-4.1K	-3.5K	-4.1K	-3.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.40	0.00	0.80	0.80	0.00
Total Volume	15.5	9	22	9	22
Total OI	1,962	1,952	1,972	1,972	1,952

Daily Data (2 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2026-04-01	$20.59	$23.00	224.3%	64.3%	13.2%	87.4%	52.6%	4.9%	3.4%	-14.6K	412.4K	-4.1K	0.80	35.72	N/A	N/A	5	4	1,020	952
2026-04-02	$20.62	$21.00	214.6%	61.5%	13.0%	83.6%	0.0%	5.8%	19.0%	-23.6K	421.7K	-3.5K	0.00	47.20	N/A	N/A	22	0	1,024	928