PL Options History — December 2021

In December 2021, PL traded between $6.00 and $7.17. ATM implied volatility averaged 125.1%, placing in the 76.9% IV rank vs the trailing year. The 30-day expected move averaged 34.7%. IV traded below realized volatility by 691.5% (HV 20d: 816.5%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 12 of 13 trading days. Term structure was in contango for 6 of 13 days. Put/call ratio averaged 0.53.

Notable Days

2021-12-15: Highest Volume — 16,160 contracts
2021-12-15: Largest IV drop — 15.6% change
2021-12-14: Highest IV Rank — 100.0%
2021-12-15: Largest Expected Move — 39.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.44	$6.00	$7.17	$7.03	$6.18
Max Pain	$7.88	$7.50	$10.00	$10.00	$7.50
ATM IV	125.1%	108.1%	162.4%	162.4%	108.1%
Expected Move	34.7%	31.0%	39.3%	32.0%	31.0%
HV 20d	816.5%	813.2%	819.7%	815.6%	818.0%
HV 60d	472.1%	470.7%	473.2%	470.9%	473.2%
IV Rank	76.9%	66.5%	100.0%	100.0%	66.5%
IV Percentile	98.1%	95.2%	100.0%	100.0%	95.2%
Term Structure	-1.5%	-13.7%	14.6%	2.0%	0.5%
VWIV	130.2%	118.7%	147.8%	123.3%	125.8%
Skew 25d	-21.0%	-34.5%	16.8%	-21.9%	-18.5%
Skew 10d	-47.3%	-68.5%	-27.8%	-44.2%	-27.8%
Call IV 25d	138.4%	124.0%	159.7%	131.9%	130.5%
Put IV 25d	117.4%	106.4%	140.8%	110.0%	112.0%
Bid-Ask Spread %	16.61	12.09	27.55	21.75	18.56
Gamma HHI	0.26	0.23	0.34	0.34	0.28
Net GEX	47.6K	-212	84.4K	-212	58.7K
Net DEX	-2.1M	-5.9M	1.3M	1.3M	-2.5M
Net VEX	-34.1K	-43.4K	-18.8K	-18.8K	-41.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.53	0.14	1.17	0.38	0.69
Total Volume	6,536.846	2,888	16,160	13,540	3,400
Total OI	41,728.231	32,011	50,499	32,011	50,499

Daily Data (13 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
2021-12-14	$7.03	$10.00	162.4%	32.0%	815.6%	100.0%	123.3%	-21.9%	2.0%	-212	1.3M	-18.8K	0.38	21.75	N/A	N/A	9,801	3,739	23,969	8,042
2021-12-15	$6.59	$10.00	137.0%	39.3%	814.7%	84.3%	147.8%	-34.5%	-13.7%	29.4K	-60.3K	-24.0K	0.45	27.55	N/A	N/A	11,160	5,000	28,088	8,433
2021-12-16	$6.59	$7.50	131.9%	37.8%	814.7%	81.2%	141.7%	-24.9%	-6.2%	44.5K	-943.3K	-31.3K	0.96	24.49	N/A	N/A	2,996	2,877	34,858	10,741
2021-12-17	$6.20	$7.50	117.2%	33.6%	813.8%	72.1%	134.8%	-26.0%	-0.5%	37.6K	-342.6K	-29.9K	0.81	12.95	N/A	N/A	2,592	2,096	35,326	11,298
2021-12-20	$6.00	$7.50	114.6%	32.9%	813.2%	70.5%	129.6%	-24.7%	0.0%	32.1K	-1.4M	-30.2K	0.91	13.12	N/A	N/A	1,585	1,441	23,031	10,228
2021-12-21	$6.85	$7.50	117.6%	33.7%	817.2%	72.3%	124.5%	-17.6%	5.6%	45.3K	-2.9M	-33.8K	0.32	12.09	N/A	N/A	4,460	1,407	23,305	10,427
2021-12-22	$6.36	$7.50	136.0%	39.0%	816.3%	83.7%	134.2%	-27.4%	-10.2%	44.2K	-2.6M	-34.2K	0.31	16.11	N/A	N/A	5,929	1,849	25,535	10,876
2021-12-23	$7.17	$7.50	126.8%	36.4%	819.7%	78.0%	133.0%	-27.6%	-5.1%	84.4K	-5.9M	-43.4K	0.14	14.52	N/A	N/A	6,731	916	29,557	12,175
2021-12-27	$6.44	$7.50	126.5%	36.3%	818.6%	77.8%	126.2%	-22.1%	-2.7%	71.8K	-4.1M	-39.1K	0.32	14.14	N/A	N/A	4,308	1,362	32,100	12,595
2021-12-28	$6.19	$7.50	113.0%	32.4%	818.0%	69.5%	125.5%	-26.0%	-7.2%	55.2K	-2.4M	-37.7K	0.31	12.62	N/A	N/A	2,210	678	31,650	13,702
2021-12-29	$6.03	$7.50	110.0%	31.5%	817.5%	67.6%	127.9%	-18.7%	2.7%	52.6K	-1.9M	-37.2K	1.17	12.55	N/A	N/A	2,528	2,961	32,397	14,126
2021-12-30	$6.13	$7.50	124.7%	35.8%	817.8%	76.7%	118.7%	16.8%	14.6%	63.4K	-3.5M	-42.7K	0.18	15.49	N/A	N/A	2,501	452	33,556	15,953
2021-12-31	$6.18	$7.50	108.1%	31.0%	818.0%	66.5%	125.8%	-18.5%	0.5%	58.7K	-2.5M	-41.5K	0.69	18.56	N/A	N/A	2,009	1,391	34,569	15,930