PL Options History — February 2022

In February 2022, PL traded between $4.86 and $6.43. ATM implied volatility averaged 111.1%, placing in the 68.3% IV rank vs the trailing year. The 30-day expected move averaged 31.9%. IV traded above realized volatility by 8.5% (HV 20d: 102.6%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.83.

Notable Days

  • 2022-02-11: Highest Volume — 6,175 contracts
  • 2022-02-24: Largest IV spike — 11.9% change
  • 2022-02-01: Highest IV Rank — 77.3%
  • 2022-02-01: Largest Expected Move — 36.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.68$4.86$6.43$6.43$5.61
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV111.1%98.7%125.7%125.7%113.1%
Expected Move31.9%28.3%36.0%36.0%32.4%
HV 20d102.6%81.7%123.9%117.6%87.2%
HV 60d478.7%478.0%479.4%478.0%479.4%
IV Rank68.3%60.7%77.3%77.3%69.6%
IV Percentile88.4%82.5%95.2%95.2%87.7%
Term Structure-3.9%-15.3%2.0%-14.2%-6.7%
VWIV113.2%104.3%125.5%125.5%110.4%
Skew 25d-8.8%-23.6%6.2%-5.3%-2.5%
Skew 10d-7.5%-41.8%39.5%-11.5%8.2%
Call IV 25d118.0%107.1%130.2%130.2%121.0%
Put IV 25d109.2%92.7%124.9%124.9%118.5%
Bid-Ask Spread %18.779.7737.7020.6513.46
Gamma HHI0.310.250.380.310.27
Net GEX33.4K-9.7K71.5K59.4K21.5K
Net DEX-2.3M-4.5M-9.2K-4.5M-2.5M
Net VEX-34.5K-42.2K-27.7K-42.2K-29.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.431.320.511.26
Total Volume2,556.4741,4036,1752,4903,047
Total OI46,379.36839,14851,22744,83543,624

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$6.43$5.00125.7%36.0%117.6%77.3%125.5%-5.3%-14.2%59.4K-4.5M-42.2K0.5120.65N/AN/A1,64484628,34716,488
2022-02-02$5.67$5.00118.5%34.0%123.9%72.9%125.2%-10.1%-15.3%35.9K-2.3M-37.9K0.5318.17N/AN/A1,36072029,19616,488
2022-02-03$5.62$5.00113.1%31.7%122.0%69.6%110.6%-9.4%-4.6%32.2K-2.0M-37.3K0.5427.91N/AN/A1,15261729,63516,618
2022-02-04$5.93$5.00119.9%31.3%123.2%73.8%111.1%-8.3%-0.1%47.1K-3.1M-38.9K0.5319.23N/AN/A1,37072729,76016,701
2022-02-07$6.10$5.00107.1%32.7%123.3%65.9%110.6%-3.4%-2.0%55.1K-3.6M-39.7K0.4919.21N/AN/A1,66180830,10316,832
2022-02-08$6.19$5.00103.9%32.6%122.6%63.9%113.7%-4.7%-7.1%31.9K-3.2M-36.4K0.8019.36N/AN/A1,3771,09931,04016,887
2022-02-09$6.21$5.00107.8%30.9%120.1%66.3%110.3%-6.5%-0.7%67.5K-3.9M-39.1K0.8119.50N/AN/A1,02883731,34416,672
2022-02-10$6.23$5.00107.7%30.9%113.4%66.2%112.9%-9.7%-1.1%71.5K-4.2M-39.9K0.4825.79N/AN/A1,88390531,72016,641
2022-02-11$5.87$5.00109.1%31.3%106.0%67.1%119.2%-14.9%-1.2%47.3K-2.9M-37.7K1.0823.74N/AN/A2,9653,21032,25816,736
2022-02-14$5.67$5.00115.8%33.2%91.5%71.2%116.2%-9.0%-2.1%34.2K-2.3M-33.7K1.1113.19N/AN/A1,2151,35032,75215,584
2022-02-15$5.74$5.00114.4%32.8%91.6%70.3%114.7%1.3%-4.9%31.0K-2.6M-33.1K1.2220.67N/AN/A1,0271,25133,00616,095
2022-02-16$5.82$5.00113.2%32.5%91.1%69.6%112.3%6.2%-5.7%31.7K-2.5M-33.2K0.9212.78N/AN/A86679433,40216,901
2022-02-17$5.37$5.00108.7%31.2%93.3%66.8%109.6%-23.4%0.9%-9.7K-1.5M-31.4K0.9637.70N/AN/A1,00896733,64816,994
2022-02-18$5.21$5.0098.7%28.3%86.4%60.7%113.2%-23.6%2.0%18.2K-1.1M-29.5K0.9619.75N/AN/A1,4721,41434,03017,197
2022-02-22$5.08$5.00104.3%29.9%86.4%64.1%106.9%-11.8%0.6%13.3K-517.7K-28.5K0.7410.06N/AN/A1,28895225,20713,941
2022-02-23$4.86$5.00104.0%29.8%81.7%63.9%104.3%-17.5%0.9%9.3K-9.2K-27.7K1.1113.44N/AN/A1,1471,27525,79714,594
2022-02-24$5.10$5.00116.3%33.4%83.3%71.6%116.4%-8.1%-8.2%13.3K-373.0K-29.3K0.4312.20N/AN/A2,7141,17426,27515,095
2022-02-25$5.25$5.00108.5%31.1%83.9%66.7%108.1%-5.9%-3.9%24.6K-1.1M-31.1K1.329.77N/AN/A60679728,38315,217
2022-02-28$5.61$5.00113.1%32.4%87.2%69.6%110.4%-2.5%-6.7%21.5K-2.5M-29.3K1.2613.46N/AN/A1,3511,69628,47215,152