PL Options History — May 2024

In May 2024, PL traded between $1.77 and $2.09. ATM implied volatility averaged 61.8%, placing in the 20.5% IV rank vs the trailing year. The 30-day expected move averaged 18.6%. IV traded above realized volatility by 8.1% (HV 20d: 53.7%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.28.

Notable Days

  • 2024-05-07: Highest Volume — 505 contracts
  • 2024-05-15: Largest IV spike — 34.1% change
  • 2024-05-24: Highest IV Rank — 41.2%
  • 2024-05-24: Largest Expected Move — 25.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.93$1.77$2.09$1.77$1.88
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV61.8%38.4%88.9%47.2%82.5%
Expected Move18.6%11.3%25.5%13.5%23.7%
HV 20d53.7%49.9%62.1%52.1%52.9%
HV 60d54.1%51.3%56.5%54.8%54.5%
IV Rank20.5%2.6%41.2%9.3%36.4%
IV Percentile51.3%1.6%93.7%13.1%89.7%
Term Structure-4.1%-28.8%39.7%-8.8%-13.2%
VWIV71.2%47.6%92.0%88.1%83.1%
Skew 25d18.2%-13.3%228.2%6.5%6.3%
Skew 10d0.8%-79.4%272.7%-2.2%15.5%
Call IV 25d52.4%33.5%72.2%47.4%71.4%
Put IV 25d70.6%40.9%270.5%53.9%77.7%
Bid-Ask Spread %92.4531.98134.5381.90100.58
Gamma HHI0.300.270.340.290.28
Net GEX7.5K5.1K9.1K5.1K8.0K
Net DEX-307.0K-397.3K-190.2K-190.2K-328.0K
Net VEX-3.2K-3.6K-2.9K-2.9K-3.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.004.620.010.03
Total Volume116.2731550513836
Total OI12,706.77312,16613,20512,16613,187

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$1.77$2.0047.2%13.5%52.1%9.3%88.1%6.5%-8.8%5.1K-190.2K-2.9K0.0181.90N/AN/A137110,8691,297
2024-05-02$1.81$2.0039.3%11.3%52.4%3.3%0.0%0.0%32.4%5.1K-215.5K-3.0K0.0031.98N/AN/A119010,9641,298
2024-05-03$1.81$2.0043.4%12.4%52.1%6.4%47.6%228.2%27.5%6.1K-240.7K-3.0K0.0182.30N/AN/A117111,0761,298
2024-05-06$1.88$2.0043.0%15.4%54.4%6.1%67.4%1.8%1.0%7.3K-295.6K-3.4K0.01120.07N/AN/A192211,1481,299
2024-05-07$2.00$2.0056.9%17.8%58.3%16.7%56.5%10.8%1.1%8.2K-347.2K-3.4K0.0491.98N/AN/A4861911,0031,299
2024-05-08$2.06$2.0048.2%16.6%56.4%10.1%55.3%8.5%-19.2%8.4K-385.9K-3.6K0.0197.75N/AN/A92111,3421,318
2024-05-09$2.09$2.0038.4%15.0%56.6%2.6%69.6%-10.2%-28.8%8.7K-397.3K-3.4K4.62103.75N/AN/A136011,3941,318
2024-05-10$1.94$2.0044.6%15.4%62.1%7.4%0.0%-10.9%-25.6%7.9K-305.0K-3.3K0.0098.03N/AN/A21011,3971,317
2024-05-13$1.96$2.0059.6%18.0%52.9%18.9%62.9%8.4%-15.3%8.2K-309.3K-3.2K0.0573.56N/AN/A44211,3921,317
2024-05-14$2.05$2.0049.2%19.2%49.9%10.8%0.0%21.2%-12.0%9.1K-365.2K-3.4K0.0062.68N/AN/A46011,4011,319
2024-05-15$2.08$2.0065.9%18.9%49.9%23.7%66.4%27.4%-16.7%8.9K-394.3K-3.5K0.0086.68N/AN/A15011,4051,319
2024-05-16$2.04$2.0066.6%19.1%50.8%24.2%78.8%25.9%-8.7%8.3K-377.2K-3.4K0.00108.16N/AN/A51011,3971,319
2024-05-17$1.98$2.0064.6%18.5%52.2%22.7%64.6%13.5%-3.3%6.5K-275.0K-3.0K0.0979.17N/AN/A80711,4291,319
2024-05-20$1.98$2.0068.8%19.7%52.2%25.8%68.8%40.5%2.0%7.3K-333.0K-3.4K0.17107.19N/AN/A41711,2521,278
2024-05-21$1.90$2.0070.2%20.1%54.8%27.0%70.3%1.6%-1.6%6.6K-283.1K-3.1K0.0350.44N/AN/A92311,2761,285
2024-05-22$1.90$2.0071.4%20.5%53.6%27.9%71.6%1.7%6.1%6.7K-297.9K-3.1K0.15108.25N/AN/A2573911,2991,288
2024-05-23$1.85$2.0075.1%21.5%53.1%30.7%76.7%-11.8%39.7%7.1K-313.2K-3.3K0.01134.53N/AN/A193111,5501,326
2024-05-24$1.90$2.0088.9%25.5%53.5%41.2%92.0%-13.3%-27.2%7.3K-278.4K-3.1K0.01103.26N/AN/A81111,7221,327
2024-05-28$1.85$2.0075.3%21.6%54.4%30.9%73.3%40.5%-5.8%7.8K-294.0K-2.9K0.84105.86N/AN/A615111,7811,333
2024-05-29$1.85$2.0084.9%24.3%53.5%38.2%84.9%-12.9%-11.7%7.3K-248.1K-2.9K0.0095.51N/AN/A137011,8021,384
2024-05-30$1.92$2.0075.2%21.6%52.6%30.8%74.9%-1.9%-3.3%8.0K-279.9K-2.9K0.00110.21N/AN/A52011,8211,384
2024-05-31$1.88$2.0082.5%23.7%52.9%36.4%83.1%6.3%-13.2%8.0K-328.0K-3.3K0.03100.58N/AN/A35111,8031,384