PL Options History — June 2025

In June 2025, PL traded between $3.80 and $6.12. ATM implied volatility averaged 89.2%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 25.3%. IV traded below realized volatility by 44.6% (HV 20d: 133.7%). Max pain ranged from $4.00 to $4.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.27.

Notable Days

  • 2025-06-05: Highest Volume — 85,329 contracts
  • 2025-06-26: Largest IV spike — 28.1% change
  • 2025-06-03: Highest IV Rank — 35.4%
  • 2025-06-03: Largest Expected Move — 32.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.31$3.80$6.12$3.80$6.12
Max Pain$4.00$4.00$4.00$4.00$4.00
ATM IV89.2%69.5%113.8%106.4%96.9%
Expected Move25.3%19.9%32.6%30.5%27.8%
HV 20d133.7%43.7%152.7%43.7%151.4%
HV 60d106.0%78.0%112.8%79.9%109.4%
IV Rank23.1%13.2%35.4%31.7%26.9%
IV Percentile50.8%17.5%88.5%83.7%65.9%
Term Structure-7.1%-28.2%5.0%-22.0%-13.3%
VWIV94.0%74.9%115.1%107.1%108.4%
Skew 25d-8.2%-26.0%26.4%26.4%-26.0%
Skew 10d-16.6%-53.6%67.7%37.5%-53.6%
Call IV 25d97.0%80.9%122.8%82.9%118.1%
Put IV 25d88.8%65.1%124.2%109.3%92.1%
Bid-Ask Spread %36.5013.6959.4913.6939.15
Gamma HHI0.240.150.460.410.21
Net GEX300.6K-31.9K503.5K152.8K503.5K
Net DEX-21.0M-31.6M-6.1M-6.1M-31.6M
Net VEX-59.9K-78.6K-32.0K-32.0K-74.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.031.010.340.07
Total Volume10,059.792985,3294,2776,723
Total OI129,354.95102,203141,699102,203134,478

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$3.80$4.00106.4%30.5%43.7%31.7%107.1%26.4%-22.0%152.8K-6.1M-32.0K0.3413.69N/AN/A3,1801,09791,32110,882
2025-06-03$3.85$4.00113.8%32.6%43.8%35.4%114.0%6.4%-23.4%160.4K-6.6M-32.7K0.3315.30N/AN/A93230993,49111,917
2025-06-04$4.00$4.00112.7%32.3%45.3%34.8%115.1%1.4%-19.6%170.8K-8.0M-34.5K0.0934.12N/AN/A5,51249194,01212,040
2025-06-05$5.97$4.00113.8%29.9%146.4%35.4%110.7%-13.2%-12.0%350.2K-31.0M-60.1K0.1416.15N/AN/A74,66510,66497,70112,766
2025-06-06$5.89$4.0099.4%27.7%146.9%28.2%97.5%-9.4%-8.6%395.5K-29.4M-77.6K0.4234.33N/AN/A8,7793,709113,35720,781
2025-06-09$5.83$4.0099.3%27.0%146.7%28.2%97.7%-5.5%-3.6%392.4K-28.2M-78.6K0.6226.28N/AN/A3,8982,405116,89522,084
2025-06-10$5.59$4.0090.6%25.3%148.2%23.8%88.9%-8.3%-1.0%350.9K-23.9M-69.8K1.0128.89N/AN/A2,5722,597117,29421,961
2025-06-11$5.46$4.0080.6%23.1%149.0%18.7%101.5%-11.9%-1.3%329.2K-21.7M-64.3K0.0437.59N/AN/A11,107439117,61321,698
2025-06-12$5.46$4.0080.7%23.1%149.1%18.8%99.5%-15.3%0.4%358.9K-23.5M-74.7K0.4042.26N/AN/A6,5532,648118,74121,921
2025-06-13$5.33$4.0079.0%22.7%149.6%18.0%85.9%-8.2%1.6%313.6K-20.8M-65.6K0.0459.49N/AN/A3,774165117,53921,884
2025-06-16$5.30$4.0079.0%22.6%149.8%17.9%92.2%-14.5%2.0%292.3K-21.0M-64.8K0.3055.34N/AN/A1,736528119,15321,892
2025-06-17$5.09$4.0082.9%23.8%150.2%19.9%83.7%-9.4%-1.8%253.7K-17.5M-57.8K0.2457.01N/AN/A2,185516119,81321,886
2025-06-18$5.13$4.0076.9%22.0%150.2%16.9%79.8%-3.1%-28.2%233.8K-18.1M-56.5K0.4448.87N/AN/A643286119,81520,997
2025-06-20$5.00$4.0077.2%22.1%149.5%17.0%82.1%-12.2%3.5%-31.9K-16.3M-53.2K0.4437.39N/AN/A2,055896120,14320,976
2025-06-23$5.29$4.0073.5%21.1%150.2%15.2%76.3%-16.5%-4.8%282.1K-17.5M-52.2K0.1226.54N/AN/A3,230400108,30214,720
2025-06-24$5.53$4.0074.1%21.2%150.2%15.5%81.8%-9.9%5.0%307.1K-20.3M-56.0K0.1149.49N/AN/A2,365264109,83414,943
2025-06-25$5.46$4.0069.5%19.9%149.6%13.2%74.9%-17.4%0.3%303.4K-20.1M-54.7K0.0926.88N/AN/A1,544146111,04414,929
2025-06-26$6.05$4.0089.1%25.5%152.7%23.0%91.1%-15.8%-8.4%433.0K-28.4M-67.7K0.0339.93N/AN/A20,733632111,96015,042
2025-06-27$6.12$4.0088.3%25.3%152.4%22.6%92.2%-1.9%-7.8%461.4K-29.4M-70.3K0.0641.32N/AN/A10,233583115,89315,381
2025-06-30$6.12$4.0096.9%27.8%151.4%26.9%108.4%-26.0%-13.3%503.5K-31.6M-74.2K0.0739.15N/AN/A6,287436118,80315,675