PL Options History — December 2024

In December 2024, PL traded between $3.81 and $4.54. ATM implied volatility averaged 134.3%, placing in the 47.9% IV rank vs the trailing year. The 30-day expected move averaged 36.0%. IV traded above realized volatility by 49.0% (HV 20d: 85.3%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.14.

Notable Days

  • 2024-12-02: Highest Volume — 76,236 contracts
  • 2024-12-10: Largest IV drop — 44.0% change
  • 2024-12-02: Highest IV Rank — 100.0%
  • 2024-12-02: Largest Expected Move — 69.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.13$3.81$4.54$4.51$4.10
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV134.3%92.5%242.3%242.3%96.0%
Expected Move36.0%26.5%69.5%69.5%27.5%
HV 20d85.3%73.4%91.9%80.4%73.4%
HV 60d66.7%62.5%72.7%62.7%72.7%
IV Rank47.9%27.8%100.0%100.0%29.5%
IV Percentile89.4%80.6%100.0%100.0%81.0%
Term Structure-8.0%-50.7%9.1%-44.5%-6.5%
VWIV129.1%92.5%244.9%244.9%93.2%
Skew 25d-13.9%-40.3%7.4%-32.4%-1.3%
Skew 10d-23.6%-60.6%33.9%-45.1%5.7%
Call IV 25d134.5%92.2%256.4%256.1%92.2%
Put IV 25d120.6%82.5%223.8%223.8%91.0%
Bid-Ask Spread %20.058.0037.6127.3810.69
Gamma HHI0.590.510.660.600.66
Net GEX195.6K85.4K268.3K85.4K173.4K
Net DEX-13.1M-19.9M-8.3M-12.3M-8.3M
Net VEX-43.1K-55.9K-25.7K-25.7K-37.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.140.040.340.040.34
Total Volume14,705.3331,67376,23676,2361,735
Total OI98,453.23846,270119,85846,27079,611

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$4.51$2.50242.3%69.5%80.4%100.0%244.9%-32.4%-44.5%85.4K-12.3M-25.7K0.0427.38N/AN/A73,6382,59842,2084,062
2024-12-03$4.36$2.50229.9%65.9%81.6%94.0%237.6%-40.3%-50.7%185.7K-19.9M-50.6K0.068.00N/AN/A56,6793,62382,6965,708
2024-12-04$4.14$2.50180.4%51.7%86.9%70.1%198.0%-25.1%-34.6%218.9K-18.4M-52.3K0.0817.80N/AN/A23,0301,89394,0587,786
2024-12-05$4.11$2.50175.9%40.4%86.9%68.0%147.2%-15.3%-13.5%231.9K-16.9M-50.5K0.1316.98N/AN/A20,7932,61494,6899,029
2024-12-06$4.16$2.50188.6%40.5%86.9%74.1%145.5%-15.7%-8.9%244.0K-18.0M-55.9K0.0522.89N/AN/A13,01067097,7049,896
2024-12-09$4.00$2.50236.8%45.2%88.5%97.3%162.5%-11.4%-19.9%224.8K-17.8M-53.4K0.3025.19N/AN/A17,8265,343101,38810,292
2024-12-10$3.81$2.50132.6%32.0%91.8%47.1%116.9%-5.3%-1.3%222.6K-12.2M-44.2K0.1124.59N/AN/A19,3962,222105,98813,870
2024-12-11$3.94$2.50109.7%31.5%91.9%36.1%109.9%7.4%0.8%239.6K-12.6M-44.7K0.1116.29N/AN/A7,247765103,86113,434
2024-12-12$3.92$2.50108.9%31.2%79.5%35.7%111.0%4.0%6.0%214.2K-11.9M-42.7K0.1520.95N/AN/A4,142617102,86813,596
2024-12-13$4.00$2.50104.3%29.9%78.6%33.4%105.7%-22.4%9.1%188.7K-11.4M-40.9K0.0811.01N/AN/A2,756227101,72913,492
2024-12-16$4.33$2.50106.3%30.5%80.6%34.4%107.0%-14.2%6.9%268.3K-14.5M-43.9K0.0929.04N/AN/A7,018621101,51913,443
2024-12-17$4.16$2.50107.5%30.8%82.3%35.0%116.8%-24.3%-0.1%191.7K-12.7M-42.2K0.0737.61N/AN/A5,037333101,86113,564
2024-12-18$3.83$2.50108.7%31.2%89.2%35.6%112.8%-25.4%-0.8%167.9K-10.3M-37.8K0.0431.62N/AN/A4,709194103,28713,628
2024-12-19$3.90$2.50104.3%29.9%88.7%33.4%106.5%-28.9%-0.2%150.9K-10.4M-38.7K0.1226.68N/AN/A4,012489103,61913,448
2024-12-20$4.12$2.5097.1%27.8%87.9%30.0%103.1%-18.7%4.5%163.2K-12.4M-39.5K0.1013.68N/AN/A4,257442103,98213,534
2024-12-23$4.03$2.50101.9%29.2%87.0%32.3%100.6%2.2%-3.2%151.0K-9.4M-38.0K0.3027.56N/AN/A1,94959165,9146,995
2024-12-24$4.13$2.5092.5%26.5%83.0%27.8%92.5%-0.8%1.5%166.2K-9.6M-38.5K0.3214.46N/AN/A1,27040366,3107,419
2024-12-26$4.54$2.50102.6%29.4%88.0%32.6%102.5%-6.5%-4.7%210.7K-12.9M-44.0K0.0913.17N/AN/A8,15470266,5757,728
2024-12-27$4.38$2.5098.0%28.1%88.7%30.4%101.7%-7.6%0.9%212.7K-11.9M-43.7K0.1011.82N/AN/A3,87837669,3138,186
2024-12-30$4.23$2.5095.6%27.4%89.9%29.2%96.0%-9.4%-7.7%196.3K-10.7M-41.6K0.1713.69N/AN/A3,03551870,7378,491
2024-12-31$4.10$2.5096.0%27.5%73.4%29.5%93.2%-1.3%-6.5%173.4K-8.3M-37.0K0.3410.69N/AN/A1,29743870,7918,820