PL Options History — October 2024

In October 2024, PL traded between $2.10 and $2.37. ATM implied volatility averaged 73.4%, placing in the 33.7% IV rank vs the trailing year. The 30-day expected move averaged 21.8%. IV traded above realized volatility by 20.0% (HV 20d: 53.4%). Max pain ranged from $2.00 to $2.50. Net GEX was positive for 13 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 0.30.

Notable Days

  • 2024-10-21: Highest Volume — 1,164 contracts
  • 2024-10-04: Largest IV spike — 35.0% change
  • 2024-10-29: Highest IV Rank — 44.6%
  • 2024-10-07: Largest Expected Move — 25.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.26$2.10$2.37$2.21$2.21
Max Pain$2.04$2.00$2.50$2.50$2.00
ATM IV73.4%53.0%86.0%72.8%69.4%
Expected Move21.8%16.2%25.2%20.9%19.9%
HV 20d53.4%38.2%133.1%132.8%45.7%
HV 60d99.4%93.7%104.0%104.0%94.8%
IV Rank33.7%15.8%44.6%33.1%30.1%
IV Percentile70.8%26.6%89.3%72.2%59.1%
Term Structure5.2%-14.7%29.8%-14.7%10.4%
VWIV76.3%53.3%92.2%90.2%92.2%
Skew 25d-6.7%-39.6%17.4%-39.6%-38.9%
Skew 10d13.1%-133.9%93.8%-39.2%45.0%
Call IV 25d82.0%50.3%109.1%91.8%100.4%
Put IV 25d75.3%51.3%93.0%52.2%61.6%
Bid-Ask Spread %67.4339.4587.1760.4539.45
Gamma HHI0.550.390.660.420.63
Net GEX10.6K-17.5K28.5K-5.0K25.0K
Net DEX-858.8K-1.7M50.5K-596.2K-1.3M
Net VEX-8.3K-10.2K-7.1K-10.2K-7.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.001.820.070.44
Total Volume422.0431411,164397372
Total OI37,424.65227,27444,38743,30427,906

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-10-01$2.21$2.5072.8%20.9%132.8%33.1%90.2%-39.6%-14.7%-5.0K-596.2K-10.2K0.0760.45N/AN/A3722530,50812,796
2024-10-02$2.25$2.5056.5%16.2%133.1%18.8%53.3%7.1%29.8%-5.2K-572.9K-10.2K0.2261.31N/AN/A2104630,38612,909
2024-10-03$2.21$2.0053.0%21.9%133.1%15.8%73.7%-4.9%8.8%-4.9K-515.8K-9.8K1.1641.71N/AN/A799230,52712,925
2024-10-04$2.24$2.0071.6%21.7%45.0%32.1%80.9%-3.3%8.3%-2.0K-513.2K-9.9K0.0358.25N/AN/A4731430,60012,965
2024-10-07$2.25$2.0068.2%25.2%39.3%29.1%82.8%4.9%-11.1%-4.2K-543.4K-9.6K0.0874.08N/AN/A6745430,95612,958
2024-10-08$2.15$2.0059.8%20.1%43.6%21.8%69.3%-4.1%18.2%-11.2K-82.9K-8.4K0.2873.95N/AN/A2717630,62613,007
2024-10-09$2.13$2.0077.8%22.3%43.6%37.4%79.2%2.6%8.7%-11.4K50.2K-8.0K0.2871.51N/AN/A37310430,84313,080
2024-10-10$2.10$2.0076.6%22.0%39.7%36.4%57.0%17.4%4.7%-17.5K50.5K-8.2K0.1473.72N/AN/A3755331,01813,053
2024-10-11$2.25$2.0079.8%22.9%43.6%39.2%76.8%14.7%0.9%-6.7K-471.7K-9.0K0.2082.77N/AN/A57311330,77513,055
2024-10-14$2.29$2.0072.3%20.7%43.7%32.7%70.7%9.9%9.0%-6.1K-537.1K-8.5K0.2787.17N/AN/A3379030,94413,165
2024-10-15$2.26$2.0079.1%22.7%44.1%38.6%79.2%-0.9%7.4%21.1K-438.5K-7.9K0.7681.34N/AN/A13310131,07113,098
2024-10-16$2.33$2.0077.8%22.3%42.9%37.5%78.6%7.7%-5.1%20.9K-367.3K-7.1K0.3283.79N/AN/A2337531,12913,199
2024-10-17$2.29$2.0071.2%20.4%42.4%31.7%75.4%12.9%13.9%21.2K-467.7K-7.7K0.0484.48N/AN/A2801031,22813,159
2024-10-18$2.31$2.0075.2%21.6%41.2%35.2%76.4%-0.3%13.0%22.5K-1.1M-7.9K0.2981.37N/AN/A35010031,32510,637
2024-10-21$2.27$2.0074.3%21.3%41.9%34.4%76.4%-0.3%10.6%21.6K-1.4M-7.7K1.8283.81N/AN/A41375123,7163,884
2024-10-22$2.31$2.0072.9%20.9%42.1%33.2%75.9%-0.8%3.7%24.7K-1.5M-7.7K0.0376.87N/AN/A4581323,8473,427
2024-10-23$2.27$2.0080.0%22.9%38.3%39.4%79.6%-16.1%-2.3%25.3K-1.4M-7.6K0.1661.83N/AN/A3836324,2103,420
2024-10-24$2.31$2.0077.2%22.1%38.2%37.0%80.6%2.3%7.3%25.5K-1.5M-7.6K0.0161.80N/AN/A140124,0153,421
2024-10-25$2.30$2.0079.1%22.7%38.3%38.6%66.1%-32.3%3.5%25.5K-1.5M-7.6K0.0063.44N/AN/A331124,0863,420
2024-10-28$2.35$2.0075.9%21.8%38.9%35.9%75.9%-38.1%4.4%27.4K-1.6M-7.7K0.0360.71N/AN/A182624,3043,419
2024-10-29$2.37$2.0086.0%24.6%38.7%44.6%83.8%-28.7%-3.8%28.1K-1.7M-7.7K0.0343.11N/AN/A4381224,3823,425
2024-10-30$2.37$2.0082.6%23.7%38.3%41.7%81.0%-25.5%-6.5%28.5K-1.7M-7.6K0.1944.08N/AN/A3847324,5273,416
2024-10-31$2.21$2.0069.4%19.9%45.7%30.1%92.2%-38.9%10.4%25.0K-1.3M-7.3K0.4439.45N/AN/A25911324,5363,370