PL Options History — November 2022

In November 2022, PL traded between $5.05 and $5.61. ATM implied volatility averaged 78.0%, placing in the 43.8% IV rank vs the trailing year. The 30-day expected move averaged 22.5%. IV traded above realized volatility by 25.7% (HV 20d: 52.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.58.

Notable Days

  • 2022-11-11: Highest Volume — 2,444 contracts
  • 2022-11-14: Largest IV spike — 11.1% change
  • 2022-11-14: Highest IV Rank — 50.1%
  • 2022-11-30: Largest Expected Move — 24.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.31$5.05$5.61$5.36$5.33
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV78.0%71.8%86.7%71.8%86.7%
Expected Move22.5%20.6%24.9%20.6%24.9%
HV 20d52.3%43.9%57.0%55.6%48.7%
HV 60d74.0%71.4%75.8%75.5%71.4%
IV Rank43.8%34.5%50.1%44.0%41.6%
IV Percentile26.2%13.5%47.2%15.1%47.2%
Term Structure-4.5%-14.9%7.9%7.9%-14.9%
VWIV78.4%71.5%86.6%71.8%86.6%
Skew 25d8.5%-10.9%31.8%18.9%27.6%
Skew 10d19.7%-14.1%69.2%44.7%50.2%
Call IV 25d73.6%55.2%92.3%60.4%66.3%
Put IV 25d82.1%74.3%97.7%79.3%93.9%
Bid-Ask Spread %13.346.6041.1010.8411.64
Gamma HHI0.360.280.480.300.48
Net GEX36.1K28.0K49.2K40.3K30.2K
Net DEX-1.7M-2.7M-942.4K-2.0M-1.3M
Net VEX-10.8K-12.5K-9.8K-12.5K-10.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.580.058.670.220.22
Total Volume854292,444399587
Total OI26,085.33324,52827,81824,52827,300

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$5.36$5.0071.8%20.6%55.6%44.0%71.8%18.9%7.9%40.3K-2.0M-12.5K0.2210.84N/AN/A3277220,6913,837
2022-11-02$5.14$5.0071.8%20.6%57.0%44.0%71.8%29.3%4.4%35.2K-1.6M-11.3K0.5815.56N/AN/A20812020,7423,853
2022-11-03$5.21$5.0072.2%22.9%56.5%44.3%79.6%-2.7%-3.9%36.3K-1.7M-11.3K1.138.38N/AN/A22325120,8073,861
2022-11-04$5.30$5.0073.1%21.8%56.1%44.9%76.0%-3.1%-0.2%37.9K-2.1M-10.2K0.2311.37N/AN/A3518220,8083,861
2022-11-07$5.42$5.0080.1%23.5%55.3%49.1%80.3%5.2%-6.3%42.3K-2.1M-11.4K0.4511.56N/AN/A22910420,9233,872
2022-11-08$5.41$5.0080.7%22.6%52.8%49.6%79.5%-4.2%-3.3%40.9K-2.0M-11.0K0.8725.57N/AN/A32728620,9443,866
2022-11-09$5.24$5.0081.2%23.3%53.8%49.9%81.6%-2.8%-5.8%28.1K-1.6M-9.9K0.2310.65N/AN/A3357820,9964,098
2022-11-10$5.35$5.0081.0%23.2%54.1%49.7%80.7%-2.0%-4.6%30.6K-1.7M-10.0K0.237.40N/AN/A3217521,0564,129
2022-11-11$5.50$5.0073.5%21.1%48.3%45.1%73.7%-1.1%-2.6%41.2K-2.3M-10.8K0.3812.00N/AN/A1,77267221,2344,129
2022-11-14$5.42$5.0081.6%23.4%48.3%50.1%81.5%-2.0%-5.7%45.6K-2.1M-11.7K0.238.85N/AN/A1,67237722,8444,427
2022-11-15$5.61$5.0075.4%21.6%49.3%46.2%75.8%-2.1%-0.2%49.2K-2.7M-11.7K0.1717.76N/AN/A1,70629122,8454,511
2022-11-16$5.61$5.0076.8%22.0%43.9%47.1%79.0%-2.1%0.1%48.7K-2.7M-11.6K0.059.90N/AN/A1,6608422,8784,524
2022-11-17$5.12$5.0078.6%22.5%56.4%48.2%78.8%-10.9%-4.2%37.4K-1.9M-10.1K5.466.60N/AN/A2531,38122,8784,520
2022-11-18$5.11$5.0080.1%23.0%56.4%39.2%80.2%-3.2%-5.7%31.3K-1.7M-10.5K0.467.28N/AN/A44920622,9364,882
2022-11-21$5.05$5.0078.6%22.5%53.8%38.1%77.9%20.9%-2.3%28.6K-942.4K-9.8K0.349.59N/AN/A36812621,3094,374
2022-11-22$5.16$5.0077.5%22.2%50.3%37.3%77.2%5.5%-5.3%31.1K-1.2M-10.1K1.519.59N/AN/A46169621,5714,437
2022-11-23$5.35$5.0074.0%21.2%51.5%34.5%71.5%24.0%-8.7%33.2K-1.4M-11.4K2.0116.74N/AN/A13326721,6975,068
2022-11-25$5.33$5.0079.0%22.7%51.5%38.1%79.1%31.8%-9.6%31.9K-1.3M-11.1K8.6741.10N/AN/A32621,7245,262
2022-11-28$5.20$5.0082.1%23.5%49.6%39.6%82.2%26.2%-8.6%29.6K-1.2M-10.2K2.5214.57N/AN/A215321,7295,284
2022-11-29$5.20$5.0082.4%23.6%48.3%39.6%82.0%25.3%-14.0%28.0K-1.1M-10.0K7.2613.14N/AN/A1551,12621,7335,352
2022-11-30$5.33$5.0086.7%24.9%48.7%41.6%86.6%27.6%-14.9%30.2K-1.3M-10.4K0.2211.64N/AN/A48010721,8155,485