PL Options History — November 2024

In November 2024, PL traded between $2.21 and $3.90. ATM implied volatility averaged 97.0%, placing in the 54.3% IV rank vs the trailing year. The 30-day expected move averaged 28.2%. IV traded above realized volatility by 34.9% (HV 20d: 62.1%). Max pain ranged from $2.00 to $2.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.12.

Notable Days

  • 2024-11-26: Highest Volume — 9,104 contracts
  • 2024-11-07: Largest IV drop — 43.5% change
  • 2024-11-27: Highest IV Rank — 84.4%
  • 2024-11-27: Largest Expected Move — 37.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.99$2.21$3.90$2.26$3.90
Max Pain$2.48$2.00$2.50$2.00$2.50
ATM IV97.0%49.8%131.4%85.9%110.4%
Expected Move28.2%20.8%37.7%24.6%31.7%
HV 20d62.1%46.2%77.4%46.2%68.9%
HV 60d93.0%88.5%95.8%94.5%92.1%
IV Rank54.3%13.0%84.4%44.6%66.0%
IV Percentile85.1%17.1%98.8%88.9%91.3%
Term Structure-8.2%-20.2%3.4%-4.1%-11.1%
VWIV101.4%68.6%139.9%70.9%124.6%
Skew 25d-21.8%-96.6%25.4%-31.8%-46.2%
Skew 10d-1.1%-68.2%82.2%32.3%-68.2%
Call IV 25d107.6%70.8%183.3%97.2%120.4%
Put IV 25d85.9%52.5%112.5%65.4%74.2%
Bid-Ask Spread %60.7234.0879.2253.3564.21
Gamma HHI0.540.430.710.640.54
Net GEX37.3K24.5K91.0K26.6K49.3K
Net DEX-3.6M-7.5M-1.3M-1.4M-6.6M
Net VEX-9.9K-21.5K-6.6K-7.1K-16.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.120.000.540.000.01
Total Volume2,724.351999,1043632,995
Total OI32,078.2528,02544,62728,05444,627

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$2.26$2.0085.9%24.6%46.2%44.6%70.9%-31.8%-4.1%26.6K-1.4M-7.1K0.0053.35N/AN/A363024,5973,457
2024-11-04$2.21$2.5081.4%25.0%46.9%40.6%85.9%-3.8%-7.4%24.8K-1.3M-6.7K0.0456.24N/AN/A192724,6313,457
2024-11-05$2.31$2.5097.4%24.7%46.4%54.6%87.5%5.9%-7.5%28.8K-1.5M-7.0K0.3959.90N/AN/A2238624,8073,458
2024-11-06$2.46$2.5088.1%23.1%50.6%46.5%68.6%-18.4%-0.3%31.2K-1.9M-7.3K0.0656.83N/AN/A1,4598324,6463,379
2024-11-07$2.55$2.5049.8%20.8%50.9%13.0%71.8%-18.3%3.4%37.2K-2.0M-6.6K0.0275.64N/AN/A5521224,6543,444
2024-11-08$2.50$2.5062.9%23.5%46.8%24.5%68.7%-22.3%-1.2%35.8K-2.0M-7.3K0.1866.73N/AN/A3135524,8613,440
2024-11-11$2.60$2.5088.9%26.7%48.1%47.2%91.9%-10.4%-13.0%35.1K-2.3M-7.5K0.0365.01N/AN/A2,8817824,9933,415
2024-11-12$2.63$2.5092.8%25.6%47.6%50.6%87.8%-5.9%-15.2%39.8K-2.4M-7.3K0.0464.47N/AN/A1,1484325,3083,485
2024-11-13$3.04$2.5089.6%25.7%67.9%47.8%107.3%-53.9%-1.9%24.5K-3.9M-7.0K0.0268.63N/AN/A8,35313325,2383,467
2024-11-14$2.98$2.50100.4%28.8%68.1%57.3%102.3%-19.4%-4.7%32.1K-3.6M-8.9K0.0767.39N/AN/A2,19915927,9693,554
2024-11-15$2.92$2.5097.9%28.1%69.1%55.1%97.7%25.4%-4.7%31.7K-3.4M-8.6K0.5454.31N/AN/A74040128,1803,600
2024-11-18$3.08$2.50106.6%30.5%69.7%62.7%128.0%-96.6%-9.0%26.8K-3.8M-7.5K0.2353.50N/AN/A79518527,2713,209
2024-11-19$3.15$2.50110.8%31.8%69.7%66.3%111.2%-13.2%-11.0%35.1K-3.6M-9.8K0.2151.01N/AN/A59312527,7603,355
2024-11-20$3.10$2.50108.7%31.1%69.6%64.5%104.1%-18.0%-13.9%35.5K-3.6M-9.5K0.3764.47N/AN/A48718228,2363,425
2024-11-21$3.31$2.50111.3%31.9%71.9%66.8%118.1%-13.9%-20.2%37.0K-4.2M-10.2K0.0679.22N/AN/A5,41433128,0993,589
2024-11-22$3.50$2.50115.2%33.0%72.6%70.2%111.4%1.5%-9.5%42.7K-4.7M-12.7K0.0465.16N/AN/A5,78924229,6163,800
2024-11-25$3.79$2.50115.5%33.1%75.5%70.5%120.5%-59.7%-7.6%39.0K-5.8M-13.5K0.0351.08N/AN/A5,84218832,4833,912
2024-11-26$3.69$2.5094.4%27.1%77.4%52.0%139.9%4.8%-10.7%40.9K-5.9M-15.0K0.0063.18N/AN/A9,0693536,0124,034
2024-11-27$3.84$2.50131.4%37.7%77.2%84.4%130.3%-41.7%-14.7%91.0K-7.5M-21.5K0.0034.08N/AN/A2,7251040,0464,051
2024-11-29$3.90$2.50110.4%31.7%68.9%66.0%124.6%-46.2%-11.1%49.3K-6.6M-16.7K0.0164.21N/AN/A2,9801540,5714,056