PL Options History — March 2024

In March 2024, PL traded between $2.16 and $2.54. ATM implied volatility averaged 72.8%, placing in the 28.0% IV rank vs the trailing year. The 30-day expected move averaged 20.6%. IV traded above realized volatility by 29.8% (HV 20d: 43.0%). Max pain ranged from $1.00 to $2.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.22.

Notable Days

  • 2024-03-28: Highest Volume — 2,242 contracts
  • 2024-03-05: Largest IV spike — 48.9% change
  • 2024-03-12: Highest IV Rank — 55.2%
  • 2024-03-28: Largest Expected Move — 23.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.31$2.16$2.54$2.23$2.54
Max Pain$2.42$1.00$2.50$1.00$2.50
ATM IV72.8%45.9%108.0%62.0%80.7%
Expected Move20.6%17.8%23.1%17.8%23.1%
HV 20d43.0%29.9%57.3%56.8%35.4%
HV 60d52.9%49.4%56.2%55.9%49.4%
IV Rank28.0%7.1%55.2%19.6%34.1%
IV Percentile73.4%11.1%96.4%57.1%86.9%
Term Structure-2.5%-18.8%20.8%12.3%-3.0%
VWIV73.1%57.4%85.0%57.4%77.5%
Skew 25d-0.2%-15.4%15.2%15.2%-14.1%
Skew 10d8.9%-30.4%103.2%46.0%-23.4%
Call IV 25d76.6%42.8%89.6%42.8%87.9%
Put IV 25d76.4%58.0%93.8%58.0%73.8%
Bid-Ask Spread %75.0659.4785.3377.9682.36
Gamma HHI0.500.440.620.490.49
Net GEX11.6K8.7K15.8K10.0K15.7K
Net DEX-488.7K-752.0K-363.4K-400.9K-752.0K
Net VEX-4.6K-5.7K-3.9K-4.3K-5.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.000.800.010.32
Total Volume356.35452,242882,242
Total OI11,652.711,05512,64311,05512,643

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$2.23$1.0062.0%17.8%56.8%19.6%57.4%15.2%12.3%10.0K-400.9K-4.3K0.0177.96N/AN/A8719,5671,488
2024-03-04$2.17$2.5045.9%19.4%57.3%7.1%75.3%3.6%9.8%8.7K-424.3K-4.7K0.7179.09N/AN/A35259,6361,488
2024-03-05$2.17$2.5068.3%20.7%55.0%24.5%74.9%-4.8%20.8%9.2K-371.5K-4.3K0.0169.30N/AN/A9319,6621,513
2024-03-06$2.17$2.5072.0%19.7%54.7%27.4%76.3%-6.6%6.2%9.8K-461.5K-4.9K0.0168.03N/AN/A15029,7191,514
2024-03-07$2.23$2.5058.9%21.2%55.6%17.2%69.8%-2.7%-15.5%10.7K-432.6K-4.6K0.0874.69N/AN/A132109,9291,516
2024-03-08$2.25$2.5085.8%22.1%55.6%38.1%74.4%-2.5%-14.1%11.2K-459.2K-4.5K0.8076.03N/AN/A12710210,0051,523
2024-03-11$2.21$2.5086.4%21.3%54.0%38.5%77.6%-7.0%-9.6%10.0K-423.0K-4.4K0.0673.51N/AN/A2321410,0551,623
2024-03-12$2.16$2.50108.0%21.5%50.7%55.2%85.0%-15.4%0.7%9.0K-394.1K-4.3K0.4968.45N/AN/A1346610,1181,637
2024-03-13$2.17$2.5062.7%18.0%32.9%20.2%73.2%-10.4%7.1%10.1K-398.2K-4.3K0.4181.04N/AN/A321310,1951,631
2024-03-14$2.16$2.5071.5%20.5%30.0%27.0%70.2%-2.9%2.1%9.6K-399.7K-4.2K0.0081.67N/AN/A109010,2271,633
2024-03-15$2.21$2.5070.7%20.3%30.5%26.3%66.2%-6.2%-3.8%10.2K-406.4K-4.3K0.0278.45N/AN/A61110,3311,633
2024-03-18$2.21$2.5077.6%22.3%29.9%31.7%66.5%3.9%-7.7%10.5K-363.4K-4.3K0.6081.19N/AN/A112679,6731,424
2024-03-19$2.35$2.5072.9%20.9%36.5%28.0%74.3%0.9%-13.9%12.3K-492.8K-4.6K0.2672.23N/AN/A326859,7751,490
2024-03-20$2.41$2.5070.1%20.1%36.3%25.8%69.1%5.6%-11.9%12.4K-468.3K-3.9K0.0874.92N/AN/A5944610,0011,566
2024-03-21$2.46$2.5071.7%20.6%36.5%27.1%71.6%8.3%-7.0%14.3K-625.7K-5.2K0.0085.33N/AN/A334110,0851,575
2024-03-22$2.41$2.5077.5%22.2%37.7%31.6%77.9%5.3%-18.8%12.9K-541.7K-4.7K0.0282.45N/AN/A161410,2301,575
2024-03-25$2.52$2.5076.6%22.0%39.8%30.9%76.6%10.2%-10.4%15.4K-718.7K-5.7K0.0974.38N/AN/A3513210,3171,578
2024-03-26$2.54$2.5072.4%20.7%39.7%27.6%78.1%7.0%4.9%13.8K-615.2K-4.2K0.0859.47N/AN/A4633810,4121,623
2024-03-27$2.54$2.5064.4%18.5%35.7%21.5%70.4%8.6%1.7%15.8K-623.8K-4.1K0.2660.72N/AN/A66917510,8001,644
2024-03-28$2.54$2.5080.7%23.1%35.4%34.1%77.5%-14.1%-3.0%15.7K-752.0K-5.7K0.3282.36N/AN/A1,69954310,8591,784