PL Options History — September 2024

In September 2024, PL traded between $1.77 and $2.49. ATM implied volatility averaged 81.5%, placing in the 41.8% IV rank vs the trailing year. The 30-day expected move averaged 22.3%. IV traded below realized volatility by 54.1% (HV 20d: 135.6%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.89.

Notable Days

  • 2024-09-06: Highest Volume — 9,529 contracts
  • 2024-09-06: Largest IV drop — 45.0% change
  • 2024-09-03: Highest IV Rank — 100.0%
  • 2024-09-04: Largest Expected Move — 39.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.14$1.77$2.49$2.48$2.23
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV81.5%46.7%149.2%134.5%46.7%
Expected Move22.3%13.4%39.8%38.6%13.4%
HV 20d135.6%88.2%155.6%88.2%135.0%
HV 60d100.2%76.2%105.1%78.9%104.0%
IV Rank41.8%10.2%100.0%100.0%10.2%
IV Percentile70.1%13.5%100.0%100.0%13.5%
Term Structure0.4%-35.6%37.0%-35.6%31.4%
VWIV83.2%63.6%137.6%137.6%83.0%
Skew 25d-1.6%-54.7%55.8%15.0%-54.7%
Skew 10d-5.5%-108.8%183.3%-6.7%-41.8%
Call IV 25d77.3%47.9%125.3%125.3%91.3%
Put IV 25d75.8%36.6%146.3%140.3%36.6%
Bid-Ask Spread %68.0324.7686.5124.7663.83
Gamma HHI0.420.370.500.430.43
Net GEX3.3K-8.2K25.1K25.1K-4.3K
Net DEX-411.5K-2.0M297.6K-1.8M-624.4K
Net VEX-9.0K-10.3K-5.6K-9.9K-10.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.004.160.960.00
Total Volume1,381.93209,5297581,648
Total OI40,205.730,74045,09930,74042,393

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$2.48$2.50134.5%38.6%88.2%100.0%137.6%15.0%-35.6%25.1K-1.8M-9.9K0.9624.76N/AN/A38737126,5694,171
2024-09-04$2.49$2.50138.7%39.8%88.2%100.0%136.0%22.6%-34.5%23.5K-1.9M-10.1K0.0732.47N/AN/A5563826,7364,511
2024-09-05$2.49$2.50149.2%30.7%88.2%100.0%106.9%-11.3%-10.4%24.5K-2.0M-10.3K1.9154.23N/AN/A7391,40927,0294,538
2024-09-06$1.77$2.5082.1%22.0%151.7%41.2%72.6%24.8%7.2%10.9K36.2K-5.6K2.1572.75N/AN/A3,0246,50527,6355,970
2024-09-09$1.90$2.5093.8%22.3%154.3%51.5%93.3%-37.6%-8.8%1.7K213.0K-8.4K0.1086.51N/AN/A1,67916029,09811,323
2024-09-10$1.90$2.5091.7%22.5%154.2%49.7%77.2%10.9%7.4%3.4K297.6K-7.8K0.9376.29N/AN/A69164229,97411,275
2024-09-11$1.94$2.5069.6%20.0%154.1%30.3%67.8%-6.6%17.0%236210.6K-8.5K1.4662.86N/AN/A29643230,49711,811
2024-09-12$2.05$2.5073.1%21.0%155.4%33.4%73.2%-7.4%14.2%2.3K-71.8K-9.3K0.3072.88N/AN/A47914630,57612,229
2024-09-13$2.15$2.5074.8%21.4%155.6%34.9%72.5%-3.4%5.4%6.7K-320.6K-9.6K0.0167.91N/AN/A906830,72812,321
2024-09-16$2.13$2.5074.3%21.3%146.2%34.5%76.2%-9.9%8.8%2.2K-256.7K-9.1K4.1671.12N/AN/A6225831,21812,320
2024-09-17$2.13$2.5068.0%19.5%139.6%28.9%75.1%-3.4%7.5%3.2K-241.8K-9.0K2.0675.80N/AN/A17235531,24612,549
2024-09-18$2.06$2.5061.8%17.7%139.7%23.5%78.0%-19.1%24.7%-19847.6K-8.5K2.6476.31N/AN/A33187431,32212,899
2024-09-19$2.13$2.5070.4%20.2%140.7%31.0%75.7%-3.6%-13.7%-832-311.6K-9.2K0.1977.73N/AN/A71113731,56813,110
2024-09-20$2.08$2.5063.7%18.3%139.0%25.2%63.6%16.4%7.4%-8.2K-23.9K-8.4K0.1477.35N/AN/A3545131,94313,156
2024-09-23$2.08$2.5075.2%21.6%136.3%35.2%75.1%20.3%-34.5%-7.2K215.6K-8.0K0.0273.02N/AN/A5761127,13112,252
2024-09-24$2.08$2.5081.7%23.4%136.0%40.9%81.7%55.8%-3.0%-5.9K63.3K-8.3K0.0280.41N/AN/A567927,50412,263
2024-09-25$2.20$2.5073.6%21.1%137.5%33.8%77.4%25.5%-3.4%-3.9K-406.5K-9.7K0.4271.60N/AN/A1,26752828,01912,272
2024-09-26$2.24$2.5048.7%14.0%137.6%12.0%66.3%-33.5%37.0%-3.3K-656.5K-10.2K0.1369.82N/AN/A4846429,10312,673
2024-09-27$2.24$2.5057.8%16.6%135.0%20.0%73.9%-32.2%-15.8%-5.0K-731.0K-10.3K0.0872.94N/AN/A6605129,40912,773
2024-09-30$2.23$2.5046.7%13.4%135.0%10.2%83.0%-54.7%31.4%-4.3K-624.4K-10.1K0.0063.83N/AN/A1,641729,60312,790