PL Options History — August 2022

In August 2022, PL traded between $5.41 and $6.43. ATM implied volatility averaged 83.9%, placing in the 51.5% IV rank vs the trailing year. The 30-day expected move averaged 24.2%. IV traded above realized volatility by 34.9% (HV 20d: 49.0%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.72.

Notable Days

  • 2022-08-12: Highest Volume — 1,924 contracts
  • 2022-08-09: Largest IV spike — 33.3% change
  • 2022-08-09: Highest IV Rank — 62.0%
  • 2022-08-31: Largest Expected Move — 27.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.89$5.41$6.43$5.41$5.54
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV83.9%62.7%100.8%77.1%95.2%
Expected Move24.2%18.7%27.3%22.1%27.3%
HV 20d49.0%40.4%57.5%47.1%53.0%
HV 60d70.0%61.6%79.7%79.7%61.6%
IV Rank51.5%38.4%62.0%47.3%58.5%
IV Percentile49.7%36.1%70.2%41.3%63.5%
Term Structure-1.2%-11.9%29.4%7.5%-11.9%
VWIV85.7%61.3%101.0%77.1%96.5%
Skew 25d-1.7%-5.3%4.6%-2.1%-3.4%
Skew 10d-5.5%-19.9%10.4%-12.8%-14.7%
Call IV 25d83.5%79.9%88.0%82.9%87.1%
Put IV 25d81.8%77.3%85.4%80.8%83.8%
Bid-Ask Spread %31.5411.1856.6113.8218.50
Gamma HHI0.400.300.470.300.42
Net GEX59.9K44.9K76.6K50.7K44.9K
Net DEX-3.8M-5.5M-2.3M-2.9M-2.3M
Net VEX-17.8K-20.5K-15.2K-16.6K-15.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.016.380.291.16
Total Volume791.522781,9241,503497
Total OI23,985.8721,45126,85221,92222,470

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$5.41$5.0077.1%22.1%47.1%47.3%77.1%-2.1%7.5%50.7K-2.9M-16.6K0.2913.82N/AN/A1,16334017,4834,439
2022-08-02$5.76$5.0075.8%21.7%49.6%46.5%75.7%-0.0%4.4%61.8K-3.9M-18.8K0.6226.36N/AN/A1,06666218,3924,385
2022-08-03$5.81$5.0065.3%18.7%49.0%40.0%61.3%-2.0%29.4%49.2K-4.2M-17.7K0.3728.41N/AN/A88132819,0804,611
2022-08-04$5.81$5.0083.7%23.8%49.0%51.4%83.6%-3.3%-2.6%62.4K-3.8M-18.7K0.3647.75N/AN/A1,18942918,9434,694
2022-08-05$5.86$5.0062.7%23.5%49.0%38.4%81.9%1.3%1.6%67.0K-4.2M-18.8K1.6246.04N/AN/A15725519,8814,779
2022-08-08$5.86$5.0075.6%24.7%41.4%46.4%85.7%-1.5%-1.6%68.2K-4.2M-18.1K0.7722.11N/AN/A34626519,8694,776
2022-08-09$5.98$5.00100.8%24.5%40.5%62.0%84.1%-1.2%-6.7%71.8K-4.5M-18.4K0.2549.81N/AN/A1,16428920,0174,794
2022-08-10$6.12$5.0082.7%23.7%40.4%50.7%84.1%-1.5%-2.5%63.7K-4.9M-19.2K0.8049.09N/AN/A72257820,1024,964
2022-08-11$5.94$5.0084.5%24.2%42.5%51.9%86.1%-2.0%-0.7%59.7K-4.5M-18.4K0.0549.90N/AN/A3101620,2595,117
2022-08-12$6.21$5.0085.7%24.6%43.9%52.6%82.3%-5.3%-5.2%63.4K-4.9M-18.4K0.0346.59N/AN/A1,8754920,2375,122
2022-08-15$6.16$5.0083.8%24.0%44.7%51.5%81.1%-2.8%-1.5%70.8K-5.2M-19.8K0.0956.61N/AN/A3162921,5175,112
2022-08-16$6.43$5.0082.7%23.7%43.7%50.8%88.9%-0.9%-2.2%75.8K-5.5M-20.3K0.0120.99N/AN/A1,0381321,4805,132
2022-08-17$6.19$5.0084.0%24.1%46.8%51.6%83.6%4.6%-2.8%71.5K-5.1M-19.6K0.0853.20N/AN/A6835621,6575,137
2022-08-18$6.35$5.0082.8%23.7%46.7%50.8%83.7%-0.4%0.2%76.6K-5.5M-20.5K0.0548.48N/AN/A1,0605721,7195,133
2022-08-19$5.84$5.0085.6%24.5%52.7%52.6%86.2%-2.0%-8.2%58.5K-4.2M-17.5K0.3917.00N/AN/A42316621,2195,132
2022-08-22$5.64$5.0088.5%25.4%54.7%54.4%88.5%-1.9%-3.9%50.3K-2.5M-16.1K0.8111.18N/AN/A25820917,7513,700
2022-08-23$5.62$5.0087.0%24.9%54.5%53.4%87.5%-4.1%-3.2%49.0K-2.4M-15.9K1.6414.33N/AN/A11218417,7953,895
2022-08-24$5.80$5.0087.0%24.9%55.0%53.4%94.1%1.4%-2.7%53.7K-2.7M-16.6K0.2919.65N/AN/A1955717,8764,077
2022-08-25$6.04$5.0085.8%24.6%55.8%52.7%89.1%-2.6%4.0%56.2K-3.2M-16.4K0.3321.24N/AN/A2719018,0554,109
2022-08-26$5.78$5.0090.6%26.0%57.5%55.6%101.0%-4.2%-8.8%54.8K-2.7M-16.5K0.1320.80N/AN/A69918,1184,113
2022-08-29$5.69$5.0092.5%26.5%57.4%56.8%97.7%-2.2%-5.8%50.3K-2.6M-16.1K0.1114.99N/AN/A1231418,1124,110
2022-08-30$5.62$5.0090.4%25.9%53.0%55.5%90.8%-3.3%-5.1%47.7K-2.4M-15.2K6.3828.67N/AN/A2616618,1974,115
2022-08-31$5.54$5.0095.2%27.3%53.0%58.5%96.5%-3.4%-11.9%44.9K-2.3M-15.6K1.1618.50N/AN/A23026718,1914,279