PL Options History — August 2024

In August 2024, PL traded between $2.00 and $2.79. ATM implied volatility averaged 99.2%, placing in the 67.2% IV rank vs the trailing year. The 30-day expected move averaged 27.9%. IV traded above realized volatility by 11.6% (HV 20d: 87.6%). 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 4 of 22 days. Put/call ratio averaged 0.25.

Notable Days

  • 2024-08-19: Highest Volume — 10,747 contracts
  • 2024-08-15: Largest IV spike — 51.7% change
  • 2024-08-21: Highest IV Rank — 99.9%
  • 2024-08-21: Largest Expected Move — 37.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.39$2.00$2.79$2.29$2.67
Max Pain$2.18$2.00$2.50$2.50$2.50
ATM IV99.2%56.6%130.5%68.9%128.5%
Expected Move27.9%16.2%37.4%19.8%36.8%
HV 20d87.6%72.2%98.9%78.6%85.0%
HV 60d70.2%64.5%77.2%64.5%77.2%
IV Rank67.2%22.6%99.9%35.5%97.8%
IV Percentile88.4%40.9%99.6%73.0%98.8%
Term Structure-8.3%-26.1%12.4%-14.6%-26.1%
VWIV101.3%62.1%132.8%62.1%128.3%
Skew 25d0.9%-32.0%100.7%-32.0%33.9%
Skew 10d-10.6%-109.2%206.2%-36.4%28.6%
Call IV 25d97.2%56.7%152.2%97.6%104.9%
Put IV 25d98.1%59.4%157.5%65.6%138.8%
Bid-Ask Spread %49.3613.37104.2453.2221.56
Gamma HHI0.520.390.780.610.41
Net GEX24.1K16.9K37.1K21.9K28.0K
Net DEX-1.6M-2.9M-743.4K-1.2M-2.3M
Net VEX-7.8K-11.7K-5.0K-6.1K-10.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.002.580.260.32
Total Volume1,578.6364210,747338582
Total OI21,827.63616,14730,48516,14730,485

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$2.29$2.5068.9%19.8%78.6%35.5%62.1%-32.0%-14.6%21.9K-1.2M-6.1K0.2653.22N/AN/A2687014,7651,382
2024-08-02$2.09$2.5073.9%21.2%86.7%40.7%73.8%100.7%8.4%18.2K-843.2K-5.4K0.0540.44N/AN/A3371714,8941,350
2024-08-05$2.00$2.0072.0%20.5%88.3%38.7%89.0%-18.6%8.0%16.9K-743.4K-5.2K0.3191.57N/AN/A1003115,0901,347
2024-08-06$2.04$2.0059.4%17.1%87.9%25.5%0.0%-25.1%12.4%17.5K-767.1K-5.2K0.05104.24N/AN/A44215,1121,366
2024-08-07$2.04$2.0077.1%20.2%87.9%44.0%73.4%-21.2%-12.2%17.9K-754.7K-5.2K0.0181.05N/AN/A493615,1491,365
2024-08-08$2.13$2.0081.3%20.8%81.7%48.4%74.7%-28.9%-3.6%20.7K-925.7K-5.5K0.0979.50N/AN/A67615,3391,374
2024-08-09$2.13$2.0075.2%19.7%80.6%42.1%66.6%-3.9%-11.7%20.1K-870.5K-5.3K0.0891.41N/AN/A39315,3321,377
2024-08-12$2.08$2.0085.1%19.6%79.9%52.4%77.2%-14.1%-6.7%17.9K-817.2K-5.1K0.0084.99N/AN/A55015,3821,378
2024-08-13$2.13$2.0075.6%19.6%79.2%42.5%70.0%-2.1%0.9%17.8K-816.2K-5.0K0.5273.40N/AN/A1548015,3661,378
2024-08-14$2.08$2.0056.6%16.2%74.2%22.6%76.2%-11.4%-5.1%18.4K-785.1K-5.0K0.0086.45N/AN/A46015,4941,409
2024-08-15$2.17$2.0085.8%24.6%72.2%53.1%83.9%-0.8%-11.6%18.8K-903.0K-5.2K0.1271.67N/AN/A1722015,5091,404
2024-08-16$2.50$2.00101.7%29.2%87.5%69.8%99.9%10.8%-1.3%37.1K-1.6M-6.2K0.0123.35N/AN/A6,0646815,6261,422
2024-08-19$2.79$2.00122.8%35.2%92.9%91.9%124.7%-22.8%-11.7%22.7K-2.3M-7.8K0.0239.04N/AN/A10,49924817,2321,315
2024-08-20$2.74$2.00125.0%35.8%93.3%94.1%131.9%-21.6%-6.1%34.1K-2.9M-11.3K0.0824.07N/AN/A1,70013126,0541,491
2024-08-21$2.73$2.00130.5%37.4%92.6%99.9%132.8%-26.3%-3.5%34.5K-2.9M-11.7K0.0714.95N/AN/A1,1217926,4521,599
2024-08-22$2.54$2.00128.4%36.8%95.6%97.7%127.1%23.3%-14.1%33.0K-2.6M-11.3K0.0224.61N/AN/A6,19611726,7491,663
2024-08-23$2.71$2.50122.7%35.2%97.3%91.7%122.5%28.6%-9.4%31.6K-2.6M-10.3K2.5815.07N/AN/A9012,32925,6111,738
2024-08-26$2.75$2.50126.7%36.3%96.9%95.9%126.9%12.0%-19.1%27.5K-2.6M-11.4K0.3214.45N/AN/A74424125,7523,831
2024-08-27$2.62$2.50128.1%36.7%98.6%97.4%128.0%20.7%-20.5%26.0K-2.2M-10.9K0.3814.29N/AN/A55120826,0933,941
2024-08-28$2.54$2.50129.9%37.2%98.9%99.3%129.7%14.9%-15.9%25.3K-2.0M-10.6K0.2023.12N/AN/A1783526,2944,038
2024-08-29$2.71$2.50128.1%36.7%92.2%97.4%128.1%3.4%-19.6%23.7K-2.5M-11.2K0.0613.37N/AN/A6874126,1934,067
2024-08-30$2.67$2.50128.5%36.8%85.0%97.8%128.3%33.9%-26.1%28.0K-2.3M-10.5K0.3221.56N/AN/A44114126,4394,046