PL Options History — June 2024

In June 2024, PL traded between $1.79 and $2.06. ATM implied volatility averaged 67.6%, placing in the 28.3% IV rank vs the trailing year. The 30-day expected move averaged 18.2%. IV traded above realized volatility by 11.7% (HV 20d: 56.0%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.11.

Notable Days

  • 2024-06-10: Highest Volume — 2,058 contracts
  • 2024-06-07: Largest IV drop — 50.9% change
  • 2024-06-06: Highest IV Rank — 73.1%
  • 2024-06-03: Largest Expected Move — 34.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.90$1.79$2.06$1.87$1.83
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV67.6%44.9%130.6%120.7%74.3%
Expected Move18.2%12.9%34.6%34.6%21.3%
HV 20d56.0%46.4%62.7%52.9%60.6%
HV 60d57.3%54.2%60.6%54.2%55.0%
IV Rank28.3%9.2%73.1%65.6%41.2%
IV Percentile54.2%11.5%99.2%98.4%82.5%
Term Structure-6.0%-46.8%84.3%-46.8%-19.4%
VWIV70.8%51.3%121.1%121.1%76.5%
Skew 25d-1.9%-16.2%39.5%39.5%-14.9%
Skew 10d2.3%-19.3%41.9%41.9%-1.7%
Call IV 25d60.3%39.8%91.1%91.1%72.2%
Put IV 25d58.4%43.5%130.6%130.6%57.2%
Bid-Ask Spread %82.0643.38112.7792.1682.48
Gamma HHI0.350.280.520.280.33
Net GEX11.6K7.4K26.2K7.6K8.6K
Net DEX-347.1K-554.3K-244.4K-315.1K-294.0K
Net VEX-3.1K-3.6K-2.8K-3.3K-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.001.110.040.03
Total Volume365.316502,058195120
Total OI14,600.68413,21315,52213,21314,344

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-06-03$1.87$2.00120.7%34.6%52.9%65.6%121.1%39.5%-46.8%7.6K-315.1K-3.3K0.0492.16N/AN/A188711,8281,385
2024-06-04$1.79$2.0075.0%21.5%53.4%30.6%83.9%-15.2%-19.5%7.4K-244.4K-2.9K0.0552.14N/AN/A2071111,9411,390
2024-06-05$1.81$2.0090.0%25.8%48.1%42.1%91.4%-1.0%-19.3%7.7K-246.7K-2.9K0.0769.73N/AN/A1591112,0081,391
2024-06-06$1.81$2.00130.6%22.4%46.4%73.1%91.0%-12.1%-27.3%7.5K-285.7K-2.9K0.2343.38N/AN/A66415212,1371,397
2024-06-07$2.00$2.0064.2%17.2%59.5%22.3%55.5%24.0%84.3%13.8K-418.9K-3.1K0.0596.96N/AN/A9314412,8311,582
2024-06-10$2.06$2.0078.5%16.4%54.0%33.3%75.3%-16.2%3.7%16.1K-554.3K-3.6K0.01100.19N/AN/A2,0471113,3041,586
2024-06-11$2.00$2.0047.0%13.8%55.1%9.2%56.3%2.2%5.4%15.7K-469.7K-3.6K0.0293.84N/AN/A96213,7561,595
2024-06-12$2.02$2.0047.4%13.6%52.8%9.5%51.3%5.2%10.7%16.7K-482.8K-3.6K0.0194.74N/AN/A514613,7101,594
2024-06-13$1.94$2.0052.9%15.2%54.3%13.7%60.1%8.0%13.7%13.4K-394.6K-3.4K0.0651.46N/AN/A47313,7791,595
2024-06-14$1.85$2.0051.5%14.8%56.2%17.3%0.0%-9.0%12.3%10.9K-331.7K-3.4K0.0099.68N/AN/A129013,7911,596
2024-06-17$1.88$2.0059.9%17.2%55.9%26.1%63.3%-1.0%20.1%11.5K-272.6K-2.8K0.0883.24N/AN/A1391113,8461,596
2024-06-18$1.88$2.0053.9%15.5%55.9%19.8%65.8%-11.5%17.7%12.7K-309.8K-3.0K1.1178.69N/AN/A444913,8631,590
2024-06-20$1.87$2.0056.1%16.1%54.0%22.1%70.1%-14.3%-19.9%7.9K-265.2K-3.0K0.0499.95N/AN/A75313,8891,620
2024-06-21$2.00$2.0044.9%12.9%59.2%10.3%54.8%-1.9%-7.7%26.2K-455.8K-3.4K0.0390.82N/AN/A4131113,9051,617
2024-06-24$2.00$2.0053.4%15.3%58.2%19.3%53.4%9.3%-13.3%10.8K-384.6K-3.2K0.0165.49N/AN/A527512,7851,313
2024-06-25$1.87$2.0048.3%13.9%62.7%14.0%64.1%-14.9%-29.2%9.0K-298.2K-3.0K0.0099.86N/AN/A97012,9421,318
2024-06-26$1.85$2.0070.4%20.2%62.0%37.0%70.8%-8.2%-32.8%9.0K-305.0K-3.0K0.18112.77N/AN/A1242212,9741,318
2024-06-27$1.83$2.0065.6%18.8%62.2%32.0%69.4%-3.3%-46.1%8.5K-265.4K-2.9K0.0051.61N/AN/A72012,9591,338
2024-06-28$1.83$2.0074.3%21.3%60.6%41.2%76.5%-14.9%-19.4%8.6K-294.0K-3.0K0.0382.48N/AN/A116413,0131,331