PL Options History — February 2025

In February 2025, PL traded between $4.42 and $6.49. ATM implied volatility averaged 97.4%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 27.9%. IV traded above realized volatility by 3.7% (HV 20d: 93.7%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.16.

Notable Days

  • 2025-02-04: Highest Volume — 15,975 contracts
  • 2025-02-18: Largest IV spike — 13.1% change
  • 2025-02-27: Highest IV Rank — 34.2%
  • 2025-02-27: Largest Expected Move — 30.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.66$4.42$6.49$6.08$4.58
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV97.4%90.2%106.0%97.9%101.3%
Expected Move27.9%25.8%30.4%28.1%29.0%
HV 20d93.7%75.8%105.7%105.4%77.5%
HV 60d90.4%87.3%92.5%90.0%92.5%
IV Rank30.1%26.6%34.2%30.3%32.0%
IV Percentile76.4%69.8%84.5%78.2%79.0%
Term Structure0.2%-12.6%11.2%-0.4%-3.7%
VWIV100.5%92.6%105.3%104.7%101.6%
Skew 25d-10.3%-25.7%-0.3%-10.3%-7.5%
Skew 10d-20.5%-56.8%36.0%-34.4%-48.2%
Call IV 25d105.7%94.7%113.5%110.1%108.9%
Put IV 25d95.4%87.9%101.6%99.8%101.4%
Bid-Ask Spread %25.8612.9934.8829.1026.55
Gamma HHI0.240.190.660.220.26
Net GEX458.6K236.9K1.1M433.4K253.6K
Net DEX-29.2M-42.6M-10.6M-37.3M-11.2M
Net VEX-108.8K-133.4K-71.8K-124.8K-72.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.160.050.430.100.06
Total Volume5,455.5261,26415,97512,9431,732
Total OI122,224.368109,143132,431116,312111,755

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$6.08$5.0097.9%28.1%105.4%30.3%104.7%-10.3%-0.4%433.4K-37.3M-124.8K0.1029.10N/AN/A11,7581,185108,0698,243
2025-02-04$6.42$5.0098.3%28.2%105.1%30.5%102.4%-12.7%2.9%448.8K-41.6M-131.9K0.0933.79N/AN/A14,6071,368109,1699,210
2025-02-05$6.33$5.0093.3%26.8%105.7%28.1%100.4%-13.7%1.5%477.7K-40.7M-131.9K0.2230.87N/AN/A3,114680113,31110,015
2025-02-06$6.17$5.0092.7%27.5%102.6%27.8%97.1%-12.6%7.3%475.2K-38.0M-131.8K0.1234.88N/AN/A2,805345114,10810,614
2025-02-07$5.99$5.0093.6%26.7%101.0%28.3%94.4%-4.8%9.0%471.8K-35.5M-127.6K0.0624.19N/AN/A4,127249114,15610,863
2025-02-10$6.49$5.0099.3%27.3%99.9%31.0%98.7%-8.0%8.7%509.2K-42.6M-133.4K0.1116.14N/AN/A6,001682114,02010,965
2025-02-11$6.22$5.0099.8%27.7%99.8%31.3%94.2%-6.8%5.1%504.5K-38.8M-127.2K0.0526.75N/AN/A8,724440115,61710,965
2025-02-12$6.13$5.0092.5%26.5%100.6%27.7%101.3%-10.0%11.2%510.6K-38.0M-125.6K0.0725.94N/AN/A2,578189116,70311,132
2025-02-13$6.22$5.0094.1%27.0%100.7%28.5%94.6%-6.6%7.4%531.6K-38.0M-125.3K0.2831.91N/AN/A987277116,48411,191
2025-02-14$6.12$5.0090.2%25.8%101.2%26.6%92.6%-12.8%8.7%519.3K-36.9M-121.8K0.0929.08N/AN/A5,054442116,46811,346
2025-02-18$6.21$5.00102.0%29.2%100.9%32.3%104.0%-3.4%-8.5%548.3K-37.0M-118.1K0.0615.90N/AN/A6,102357118,85011,664
2025-02-19$5.69$5.00102.0%29.2%88.4%32.3%101.4%-14.5%-5.1%510.5K-28.9M-108.1K0.2119.87N/AN/A4,9811,058118,43511,867
2025-02-20$5.49$5.0097.0%27.8%87.5%29.9%104.6%-13.8%-5.8%348.8K-24.9M-100.1K0.0712.99N/AN/A3,393230119,59812,434
2025-02-21$5.00$5.0099.9%28.6%93.7%31.3%103.8%-4.7%-3.6%1.1M-17.9M-90.2K0.2026.10N/AN/A6,3121,243120,04212,389
2025-02-24$4.70$5.0096.9%27.8%75.8%29.9%101.8%-9.7%-3.8%273.4K-13.0M-76.2K0.2625.10N/AN/A2,41862399,2369,907
2025-02-25$4.42$5.0093.6%26.8%76.9%28.3%105.3%-25.7%-7.6%236.9K-10.6M-71.8K0.4325.83N/AN/A2,22896699,81910,401
2025-02-26$4.71$5.00100.5%28.8%79.0%31.6%101.0%-0.3%-6.0%272.2K-12.6M-75.0K0.3828.08N/AN/A2,9951,13499,96511,022
2025-02-27$4.53$5.00106.0%30.4%78.5%34.2%104.7%-18.3%-12.6%255.3K-11.4M-73.7K0.1228.36N/AN/A2,019252101,06911,161
2025-02-28$4.58$5.00101.3%29.0%77.5%32.0%101.6%-7.5%-3.7%253.6K-11.2M-72.6K0.0626.55N/AN/A1,63498100,40511,350