PL Options History — October 2023

In October 2023, PL traded between $2.08 and $2.63. ATM implied volatility averaged 54.5%, placing in the 13.1% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded above realized volatility by 3.0% (HV 20d: 51.5%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 2.39.

Notable Days

  • 2023-10-25: Highest Volume — 1,604 contracts
  • 2023-10-19: Largest IV drop — 22.9% change
  • 2023-10-06: Highest IV Rank — 24.3%
  • 2023-10-09: Largest Expected Move — 21.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.32$2.08$2.63$2.56$2.15
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV54.5%37.9%69.1%64.0%43.3%
Expected Move15.6%10.9%21.3%18.4%12.4%
HV 20d51.5%35.5%58.3%56.5%58.3%
HV 60d52.6%50.2%56.6%52.3%50.7%
IV Rank13.1%0.2%24.3%20.4%4.3%
IV Percentile28.6%0.8%61.1%49.6%4.4%
Term Structure4.8%-21.1%32.9%-21.1%32.9%
VWIV61.7%48.6%75.3%64.4%54.7%
Bid-Ask Spread %24.6410.1364.3040.0711.32
Gamma HHI0.470.450.520.470.47
Net GEX7.8K16614.3K12.2K1.2K
Net DEX-207.2K-563.5K141.1K-537.4K53.0K
Net VEX-6.4K-7.7K-5.3K-7.3K-6.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.390.0023.300.120.01
Total Volume235.5241,60428484
Total OI21,410.27314,77224,70023,68116,484

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$2.56$2.5064.0%18.4%56.5%20.4%64.4%0.0%-21.1%12.2K-537.4K-7.3K0.1240.07N/AN/A25320,6633,018
2023-10-03$2.51$2.5068.6%19.7%56.5%23.9%69.0%0.0%-1.6%11.3K-466.7K-7.1K9.0919.16N/AN/A2220020,6583,020
2023-10-04$2.59$2.5062.9%18.0%57.8%19.5%63.1%0.0%2.8%12.1K-516.4K-7.6K0.0040.59N/AN/A29020,6693,220
2023-10-05$2.60$2.5064.6%16.9%57.8%20.9%59.1%0.0%12.0%12.6K-534.0K-7.7K10.0032.90N/AN/A88020,6573,220
2023-10-06$2.63$2.5069.1%17.1%40.5%24.3%59.6%0.0%6.9%11.7K-533.4K-7.6K0.7732.40N/AN/A221720,6583,260
2023-10-09$2.60$2.5066.9%21.3%38.9%22.6%75.3%0.0%-4.0%12.7K-563.5K-7.6K0.0622.90N/AN/A77520,6673,247
2023-10-10$2.60$2.5061.6%18.9%37.1%18.6%0.0%0.0%1.3%13.6K-492.1K-7.2K0.0029.21N/AN/A44020,6723,251
2023-10-11$2.48$2.5067.0%19.2%35.5%22.7%67.0%0.0%4.0%13.3K-357.9K-6.8K0.0720.55N/AN/A1521020,6963,251
2023-10-12$2.31$2.5066.3%19.0%41.4%22.2%66.4%0.0%-2.1%9.2K-78.9K-6.1K1.5223.22N/AN/A22934820,7603,210
2023-10-13$2.19$2.5055.1%15.8%44.0%13.5%48.6%0.0%2.3%5.3K-1.7K-5.5K0.0538.83N/AN/A3091520,9473,070
2023-10-16$2.25$2.5055.4%15.9%44.8%13.8%57.5%0.0%7.4%5.5K-5.5K-5.8K0.2213.61N/AN/A591321,0823,079
2023-10-17$2.41$2.5055.8%16.0%52.4%14.0%55.8%0.0%9.8%14.3K-269.6K-6.4K0.1624.94N/AN/A3836021,1153,069
2023-10-18$2.25$2.5054.1%15.5%56.5%12.7%61.6%0.0%-0.5%6.3K-88.3K-6.0K2.5440.97N/AN/A9824921,4523,074
2023-10-19$2.20$2.5041.7%12.0%56.7%3.2%0.0%0.0%-12.1%5.8K-87.5K-5.9K0.2064.30N/AN/A20421,5453,155
2023-10-20$2.15$2.5047.6%13.6%55.7%7.7%62.3%0.0%6.7%5.4K-54.8K-5.7K0.5710.13N/AN/A774421,5563,063
2023-10-23$2.10$2.5039.3%11.3%55.7%1.3%0.0%0.0%30.5%5.1K-107.4K-5.6K0.4816.31N/AN/A1055012,1922,651
2023-10-24$2.17$2.5037.9%10.9%57.4%0.2%0.0%0.0%5.7%5.8K-151.7K-5.8K0.0012.55N/AN/A49012,2832,605
2023-10-25$2.09$2.5040.1%11.5%58.1%1.9%0.0%0.0%23.5%5.3K-125.1K-5.3K23.3010.72N/AN/A661,53812,2992,473
2023-10-26$2.12$2.5043.3%12.4%57.5%4.4%0.0%0.0%4.5%166141.1K-5.8K0.6711.31N/AN/A211412,3354,008
2023-10-27$2.08$2.5049.0%14.0%56.8%8.7%54.7%0.0%3.6%1.2K109.5K-5.6K2.8614.71N/AN/A216012,3504,003
2023-10-30$2.10$2.5046.1%13.2%57.2%6.6%0.0%0.0%-7.2%692110.1K-5.8K0.0011.31N/AN/A171012,3633,976
2023-10-31$2.15$2.5043.3%12.4%58.3%4.3%0.0%0.0%32.9%1.2K53.0K-6.0K0.0111.32N/AN/A480412,5083,976