PL Options History — July 2022

In July 2022, PL traded between $4.38 and $5.28. ATM implied volatility averaged 80.2%, placing in the 49.2% IV rank vs the trailing year. The 30-day expected move averaged 22.6%. IV traded above realized volatility by 16.9% (HV 20d: 63.2%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 1.65.

Notable Days

  • 2022-07-15: Highest Volume — 1,812 contracts
  • 2022-07-13: Largest IV drop — 18.4% change
  • 2022-07-12: Highest IV Rank — 63.3%
  • 2022-07-05: Largest Expected Move — 25.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.82$4.38$5.28$4.38$5.28
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV80.2%66.6%103.0%66.6%72.3%
Expected Move22.6%19.1%25.1%19.1%20.7%
HV 20d63.2%46.2%76.8%75.0%46.8%
HV 60d82.6%80.4%86.0%85.3%80.5%
IV Rank49.2%40.8%63.3%40.8%44.3%
IV Percentile47.4%38.9%72.6%45.6%38.9%
Term Structure5.6%-3.4%10.6%6.7%9.7%
VWIV78.9%72.4%85.9%76.2%72.4%
Skew 25d12.0%-8.2%38.7%4.6%-8.2%
Skew 10d16.4%-21.3%51.4%12.1%-19.3%
Call IV 25d86.9%78.3%96.7%82.6%82.8%
Put IV 25d98.9%74.6%128.0%87.2%74.6%
Bid-Ask Spread %11.116.8414.676.849.15
Gamma HHI0.290.270.360.290.30
Net GEX28.8K12.4K45.8K14.3K45.8K
Net DEX-1.1M-2.4M265.7K-189.4K-2.4M
Net VEX-15.4K-16.9K-13.2K-14.9K-16.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.650.515.510.761.54
Total Volume1,110.455291,8121,221600
Total OI28,964.0519,08437,51236,81121,920

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$4.38$5.0066.6%19.1%75.0%40.8%76.2%4.6%6.7%14.3K-189.4K-14.9K0.766.84N/AN/A69252929,1687,643
2022-07-05$4.56$5.0075.3%25.1%76.5%46.2%82.9%31.7%-3.4%12.4K-256.1K-14.7K0.7714.67N/AN/A56843829,2837,639
2022-07-06$4.71$5.0083.7%24.7%76.8%51.4%84.6%31.0%2.5%12.8K-770.9K-16.3K0.5512.06N/AN/A81244529,2657,649
2022-07-07$4.79$5.0094.3%23.4%76.8%57.9%80.8%30.7%4.1%16.5K-1.1M-16.4K1.6310.66N/AN/A42970029,4537,588
2022-07-08$4.83$5.0079.3%22.6%76.2%48.7%77.0%38.7%9.2%14.6K-1.2M-16.3K5.5110.91N/AN/A2031,11929,5607,509
2022-07-11$4.54$5.0092.3%24.8%74.2%56.7%85.9%5.6%2.5%20.4K-635.3K-14.8K1.8010.97N/AN/A27349229,5917,146
2022-07-12$4.49$5.00103.0%24.1%72.1%63.3%84.0%0.7%2.5%25.2K166.7K-13.2K3.2713.00N/AN/A4211,37829,5957,119
2022-07-13$4.60$5.0084.0%24.1%72.9%51.6%84.0%6.4%3.3%24.6K153.0K-13.7K2.4813.05N/AN/A4951,23029,4687,460
2022-07-14$4.55$5.0079.9%22.9%72.9%49.0%79.5%4.9%7.3%23.2K178.4K-13.8K1.499.81N/AN/A49173129,5877,546
2022-07-15$4.61$5.0075.6%21.7%62.2%46.4%75.6%6.8%8.8%24.0K265.7K-13.8K1.688.95N/AN/A6771,13529,7457,767
2022-07-18$4.67$5.0080.6%23.1%62.3%49.5%80.7%18.7%6.8%25.3K-1.2M-13.7K0.518.18N/AN/A86544415,2233,861
2022-07-19$4.92$5.0078.0%22.4%53.1%47.9%78.0%10.4%5.8%31.7K-1.6M-15.7K0.7312.16N/AN/A75955415,7553,927
2022-07-20$5.07$5.0080.3%23.0%53.3%49.3%80.3%11.2%3.3%37.1K-2.0M-16.3K0.5410.32N/AN/A92950416,2933,971
2022-07-21$5.22$5.0079.1%22.7%53.0%48.6%79.0%12.0%3.7%43.8K-2.4M-16.9K1.5110.66N/AN/A38358016,7803,907
2022-07-22$4.94$5.0075.1%21.5%56.2%46.1%75.1%8.8%5.7%40.5K-2.0M-16.6K1.3010.51N/AN/A41754116,9744,114
2022-07-25$4.92$5.0074.7%21.4%55.1%45.8%74.8%10.0%10.6%38.8K-1.8M-15.4K2.3311.63N/AN/A17039617,0464,327
2022-07-26$5.03$5.0078.1%22.4%55.3%47.9%75.8%10.1%9.4%40.3K-2.0M-15.8K1.0613.97N/AN/A25727217,0534,566
2022-07-27$5.14$5.0078.0%22.4%47.9%47.9%78.0%-6.8%6.7%42.6K-2.2M-16.4K1.8813.38N/AN/A22241717,2324,570
2022-07-28$5.07$5.0073.3%21.0%46.2%45.0%73.3%12.8%7.1%43.1K-2.0M-15.9K1.5611.30N/AN/A25039117,3264,655
2022-07-29$5.28$5.0072.3%20.7%46.8%44.3%72.4%-8.2%9.7%45.8K-2.4M-16.5K1.549.15N/AN/A23636417,3584,562