PL Options History — February 2024

In February 2024, PL traded between $2.15 and $2.42. ATM implied volatility averaged 55.3%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 16.1%. IV traded below realized volatility by 5.3% (HV 20d: 60.5%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.11.

Notable Days

  • 2024-02-02: Highest Volume — 414 contracts
  • 2024-02-20: Largest IV spike — 43.1% change
  • 2024-02-06: Highest IV Rank — 31.1%
  • 2024-02-13: Largest Expected Move — 21.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.22$2.15$2.42$2.30$2.20
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV55.3%39.8%76.9%53.0%53.8%
Expected Move16.1%11.4%21.5%18.2%15.4%
HV 20d60.5%54.1%70.1%54.3%56.8%
HV 60d54.6%51.0%56.2%53.8%56.0%
IV Rank14.4%2.4%31.1%12.7%13.2%
IV Percentile36.5%3.2%85.7%29.0%32.9%
Term Structure12.6%-15.5%55.6%3.0%-15.5%
VWIV59.6%37.5%86.4%56.4%62.0%
Skew 25d-2.4%-31.2%20.9%-20.1%20.2%
Skew 10d35.9%-23.1%176.0%-19.3%104.7%
Call IV 25d56.7%36.1%82.5%67.9%42.5%
Put IV 25d54.3%41.9%72.9%47.8%62.7%
Bid-Ask Spread %67.9432.3295.9986.6186.31
Gamma HHI0.490.430.570.540.50
Net GEX10.1K6.3K14.6K12.6K9.3K
Net DEX-429.3K-641.9K-260.6K-525.1K-371.5K
Net VEX-4.5K-5.1K-3.3K-5.0K-4.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.000.580.020.18
Total Volume103.1511414178100
Total OI11,057.510,49011,37611,10810,978

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$2.30$1.0053.0%18.2%54.3%12.7%56.4%-20.1%3.0%12.6K-525.1K-5.0K0.0286.61N/AN/A17539,5441,564
2024-02-02$2.26$1.0047.1%19.7%54.6%8.1%0.0%-21.0%-13.7%12.3K-492.5K-5.0K0.0083.05N/AN/A41409,6601,566
2024-02-05$2.16$1.0065.0%18.1%56.1%21.9%86.4%-4.7%-8.0%10.7K-432.2K-4.6K0.0253.50N/AN/A5019,7131,566
2024-02-06$2.19$1.0076.9%17.9%55.5%31.1%63.8%-2.2%-7.5%10.8K-449.7K-4.9K0.5841.38N/AN/A1279,7411,567
2024-02-07$2.19$1.0056.5%16.2%54.5%15.4%0.0%-8.3%37.3%10.8K-496.1K-5.0K0.0050.70N/AN/A1309,7421,570
2024-02-08$2.21$1.0049.6%14.2%54.1%10.0%0.0%-18.0%18.0%11.1K-416.8K-4.2K0.0041.18N/AN/A4609,7521,570
2024-02-09$2.30$1.0055.9%16.0%55.4%14.9%57.9%-12.3%6.0%13.4K-540.4K-4.9K0.1340.23N/AN/A142189,7661,570
2024-02-12$2.42$1.0058.7%16.8%57.9%17.0%58.8%-17.9%7.4%14.6K-641.9K-5.1K0.0353.76N/AN/A8739,7111,580
2024-02-13$2.17$1.0075.1%21.5%69.0%29.8%79.3%-9.6%-6.5%11.2K-450.0K-4.7K0.1466.86N/AN/A169239,7611,580
2024-02-14$2.25$1.0052.7%15.1%69.9%12.4%51.7%7.3%16.1%8.6K-484.2K-4.7K0.1332.32N/AN/A1629,7551,600
2024-02-15$2.29$1.0055.6%15.9%69.9%14.6%58.3%-10.2%24.0%9.4K-535.1K-4.8K0.2062.61N/AN/A1029,7711,597
2024-02-16$2.25$1.0042.6%12.2%70.1%4.5%64.1%-31.2%42.8%8.8K-418.4K-4.2K0.0579.00N/AN/A12669,7791,597
2024-02-20$2.21$1.0060.9%17.5%63.2%18.8%44.0%18.5%0.3%8.0K-318.4K-3.7K0.2476.76N/AN/A82209,0111,479
2024-02-21$2.17$1.0054.9%15.7%63.4%14.1%0.0%20.9%22.3%8.3K-345.5K-4.3K0.0082.71N/AN/A2009,0861,479
2024-02-22$2.16$1.0039.8%11.4%63.4%2.4%37.5%5.2%40.2%6.3K-260.6K-3.3K0.1084.46N/AN/A1019,1001,479
2024-02-23$2.16$1.0040.7%11.7%63.3%3.1%42.9%5.2%55.6%7.5K-330.4K-4.2K0.2580.11N/AN/A1239,1091,479
2024-02-26$2.21$1.0048.4%13.9%63.9%9.0%0.0%15.2%39.1%8.5K-349.0K-4.2K0.0095.99N/AN/A31009,1091,478
2024-02-27$2.24$1.0063.1%18.1%57.3%20.4%71.5%15.1%-8.5%10.1K-392.3K-4.3K0.0080.84N/AN/A9009,3551,478
2024-02-28$2.15$1.0055.0%15.8%57.9%14.2%62.0%0.5%-0.4%8.9K-335.1K-4.2K0.1380.43N/AN/A80109,4301,478
2024-02-29$2.20$1.0053.8%15.4%56.8%13.2%0.0%20.2%-15.5%9.3K-371.5K-4.2K0.1886.31N/AN/A85159,5051,473