PL Options History — July 2024

In July 2024, PL traded between $1.77 and $2.56. ATM implied volatility averaged 61.7%, placing in the 27.9% IV rank vs the trailing year. The 30-day expected move averaged 17.6%. IV traded below realized volatility by 0.2% (HV 20d: 61.8%). Max pain ranged from $2.00 to $2.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.10.

Notable Days

  • 2024-07-18: Highest Volume — 3,313 contracts
  • 2024-07-17: Largest IV spike — 73.9% change
  • 2024-07-17: Highest IV Rank — 73.3%
  • 2024-07-17: Largest Expected Move — 30.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.13$1.77$2.56$1.77$2.56
Max Pain$2.09$2.00$2.50$2.00$2.50
ATM IV61.7%43.3%105.0%53.3%48.2%
Expected Move17.6%12.4%30.1%15.3%13.8%
HV 20d61.8%45.5%69.5%61.2%63.9%
HV 60d57.1%53.8%60.5%55.0%60.2%
IV Rank27.9%8.7%73.3%19.2%13.8%
IV Percentile50.1%8.7%97.2%32.9%17.1%
Term Structure6.3%-22.1%33.6%-22.1%12.0%
VWIV65.3%48.0%127.5%127.5%50.0%
Skew 25d-0.3%-76.9%51.9%-8.6%-76.9%
Skew 10d34.4%-99.6%165.1%-13.9%-99.6%
Call IV 25d68.7%36.2%126.3%59.5%126.3%
Put IV 25d68.4%49.4%129.9%50.9%49.4%
Bid-Ask Spread %84.4629.46122.6979.8950.40
Gamma HHI0.460.290.650.330.63
Net GEX15.1K6.6K25.9K6.8K25.9K
Net DEX-756.8K-1.6M-165.7K-184.4K-1.6M
Net VEX-4.2K-6.6K-2.2K-2.4K-6.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.880.010.19
Total Volume546163,313200531
Total OI15,15214,15019,01414,40616,100

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$1.77$2.0053.3%15.3%61.2%19.2%0.0%-8.6%-22.1%6.8K-184.4K-2.4K0.0179.89N/AN/A198213,0801,326
2024-07-02$1.79$2.0047.0%13.5%61.4%12.5%0.0%29.4%-4.6%7.4K-228.2K-2.6K0.1461.27N/AN/A14213,2101,327
2024-07-03$1.79$2.0056.8%16.3%59.4%22.9%0.0%36.3%18.5%7.7K-280.9K-2.9K0.0085.51N/AN/A64013,2131,326
2024-07-05$1.83$2.0063.1%13.4%59.8%29.4%127.5%18.1%25.9%8.3K-252.5K-2.7K0.88105.19N/AN/A403513,1981,326
2024-07-08$1.81$2.0083.5%17.4%60.0%50.7%64.5%5.5%6.1%8.5K-267.4K-2.8K0.40109.16N/AN/A451813,2101,361
2024-07-09$1.77$2.0046.3%22.5%47.3%11.9%66.5%-5.4%-3.9%6.9K-192.3K-2.4K0.00118.44N/AN/A589013,2101,376
2024-07-10$1.77$2.0043.3%12.4%45.5%8.7%0.0%20.5%27.1%6.6K-165.7K-2.2K0.02110.23N/AN/A107212,9181,376
2024-07-11$1.96$2.0062.1%17.8%59.0%28.4%56.3%27.9%25.5%10.2K-329.6K-2.7K0.06115.15N/AN/A2631713,0161,378
2024-07-12$2.04$2.0047.2%13.5%60.7%12.8%49.4%48.6%-3.8%12.5K-409.4K-2.8K0.00109.08N/AN/A205113,1921,393
2024-07-15$2.12$2.0067.9%19.5%60.1%34.4%76.5%51.9%-19.0%14.6K-558.4K-3.4K0.07117.37N/AN/A5503913,3071,394
2024-07-16$2.20$2.0060.4%17.3%57.9%26.6%48.0%25.9%-1.8%16.5K-669.4K-3.5K0.0098.56N/AN/A286013,6651,396
2024-07-17$2.37$2.00105.0%30.1%62.4%73.3%55.4%20.4%6.6%24.0K-921.6K-3.8K0.00122.69N/AN/A1,714013,7041,396
2024-07-18$2.21$2.0049.5%14.2%68.7%15.2%67.6%-20.4%33.6%9.7K-702.5K-3.7K0.01108.85N/AN/A3,2932014,6291,396
2024-07-19$2.16$2.0068.4%19.6%69.5%34.9%76.6%39.4%17.4%15.0K-963.0K-5.3K0.0689.16N/AN/A4432517,5991,415
2024-07-22$2.30$2.0064.9%18.6%69.0%31.3%60.4%-17.3%-1.4%16.6K-977.8K-5.6K0.0092.83N/AN/A985112,8751,275
2024-07-23$2.35$2.0072.5%20.8%69.1%39.2%72.4%-24.2%-3.0%19.7K-1.2M-6.0K0.0229.46N/AN/A365613,6211,275
2024-07-24$2.29$2.0067.5%19.4%64.5%34.0%58.6%-24.7%7.0%18.4K-1.1M-6.1K0.0258.35N/AN/A229413,8601,280
2024-07-25$2.40$2.0060.1%17.2%65.3%26.3%60.1%-40.8%3.2%23.0K-1.2M-6.0K0.1656.45N/AN/A3165013,9471,284
2024-07-26$2.50$2.5052.4%15.0%65.4%18.2%52.4%-56.2%15.8%24.6K-1.5M-6.6K0.0848.86N/AN/A6515014,2251,334
2024-07-29$2.45$2.5067.9%19.5%66.4%34.5%68.0%-29.8%-6.4%24.3K-1.4M-6.4K0.0245.72N/AN/A180314,6201,334
2024-07-30$2.50$2.5069.3%19.9%63.9%35.8%65.7%-25.4%5.2%25.1K-1.5M-6.4K0.0045.52N/AN/A669014,6421,335
2024-07-31$2.56$2.5048.2%13.8%63.9%13.8%50.0%-76.9%12.0%25.9K-1.6M-6.5K0.1950.40N/AN/A4488314,7651,335