PL Options History — October 2025

In October 2025, PL traded between $12.54 and $15.77. ATM implied volatility averaged 87.1%, placing in the 20.6% IV rank vs the trailing year. The 30-day expected move averaged 24.7%. IV traded above realized volatility by 9.9% (HV 20d: 77.2%). Max pain ranged from $5.00 to $12.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.38.

Notable Days

  • 2025-10-02: Highest Volume — 49,723 contracts
  • 2025-10-30: Largest IV spike — 14.6% change
  • 2025-10-07: Highest IV Rank — 25.7%
  • 2025-10-02: Largest Expected Move — 27.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.09$12.54$15.77$13.96$13.52
Max Pain$11.11$5.00$12.00$5.00$12.00
ATM IV87.1%72.6%97.2%83.1%86.7%
Expected Move24.7%20.4%27.0%25.2%21.9%
HV 20d77.2%51.7%144.2%144.2%66.5%
HV 60d97.8%94.8%100.0%96.7%99.6%
IV Rank20.6%13.1%25.7%18.6%20.3%
IV Percentile39.2%4.8%66.7%31.0%37.7%
Term Structure2.6%-3.3%18.2%-0.8%10.9%
VWIV87.8%75.9%96.0%88.2%82.0%
Skew 25d-8.1%-16.8%6.8%-10.0%6.3%
Skew 10d-13.5%-35.2%24.7%-26.2%0.4%
Call IV 25d93.4%72.8%108.8%90.4%79.6%
Put IV 25d85.3%71.7%94.3%80.4%85.9%
Bid-Ask Spread %52.0834.9574.4337.8268.07
Gamma HHI0.140.100.200.150.20
Net GEX1.0M540.5K1.7M1.1M1.1M
Net DEX-126.6M-208.6M-59.7M-151.2M-78.6M
Net VEX-374.3K-403.6K-309.5K-309.5K-370.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.111.340.220.16
Total Volume18,110.3914,47349,72327,5547,886
Total OI231,530.565194,391300,755205,404198,358

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$13.96$5.0083.1%25.2%144.2%18.6%88.2%-10.0%-0.8%1.1M-151.2M-309.5K0.2237.82N/AN/A22,5804,974143,67661,728
2025-10-02$14.91$5.5087.6%27.0%143.7%20.9%95.5%-12.4%-1.0%1.1M-175.9M-325.1K0.5835.61N/AN/A31,51518,208149,88464,963
2025-10-03$15.27$6.0087.8%26.6%143.2%20.9%94.5%-12.5%-1.8%1.1M-185.8M-372.2K0.2541.02N/AN/A22,5765,688161,57579,898
2025-10-06$15.62$11.0092.5%25.0%64.2%23.3%87.8%-14.2%-2.5%1.1M-181.2M-370.2K0.6745.46N/AN/A28,51719,009154,39681,435
2025-10-07$15.77$12.0097.2%26.2%58.9%25.7%91.8%-13.6%-2.4%1.1M-198.0M-381.9K0.2541.18N/AN/A27,1136,691169,18898,514
2025-10-08$15.61$12.0095.4%26.9%56.7%24.8%96.0%-13.0%0.1%1.5M-200.7M-399.1K0.1840.72N/AN/A26,7994,919181,151101,355
2025-10-09$15.63$12.0092.6%25.9%51.7%23.3%88.9%-13.1%-1.5%1.7M-208.6M-401.6K0.3751.01N/AN/A12,0494,426189,539103,858
2025-10-10$14.73$12.0096.2%26.7%58.8%25.2%95.2%-13.0%-3.3%1.2M-180.8M-403.6K0.8239.68N/AN/A9,9688,132196,261104,494
2025-10-13$15.27$12.0092.3%26.2%59.0%23.2%94.1%-15.2%-1.3%1.4M-166.3M-398.7K0.2243.64N/AN/A9,5652,115167,05877,798
2025-10-14$14.89$12.0091.7%26.0%60.5%22.9%90.8%-14.1%-0.7%1.5M-158.7M-387.8K0.1549.74N/AN/A8,9041,339170,51278,795
2025-10-15$15.02$12.0092.0%25.1%59.9%23.0%88.8%-16.8%-0.8%1.6M-163.2M-395.3K1.3449.40N/AN/A6,1398,207175,91279,177
2025-10-16$13.23$12.0091.5%26.4%79.2%22.8%95.7%1.7%7.0%835.4K-112.6M-389.4K0.9649.93N/AN/A13,08012,604178,02685,667
2025-10-17$13.16$12.0087.0%25.3%76.2%20.5%90.8%-2.3%1.2%584.5K-108.6M-382.2K0.3050.38N/AN/A9,3132,775179,51187,936
2025-10-20$13.57$12.0084.8%24.1%75.8%19.4%88.2%-11.1%0.2%851.0K-83.8M-382.9K0.3650.53N/AN/A5,5821,982129,21070,206
2025-10-21$12.91$12.0085.6%24.3%72.7%19.8%89.0%-7.9%-2.3%655.2K-70.0M-373.2K0.3734.95N/AN/A3,6821,380131,64270,293
2025-10-22$12.54$12.0078.0%22.4%73.5%15.9%84.0%-5.5%3.4%540.5K-59.7M-365.8K0.2960.94N/AN/A13,1143,860132,75071,031
2025-10-23$12.93$12.0086.5%24.8%74.1%20.2%84.2%-4.7%-1.6%627.8K-68.7M-367.1K0.1261.74N/AN/A7,188844130,44073,636
2025-10-24$13.59$12.0082.3%22.7%75.8%18.1%77.6%-15.8%9.9%974.0K-80.1M-376.2K0.4466.38N/AN/A11,2594,997134,20873,847
2025-10-27$13.34$12.0076.3%20.4%73.3%15.0%75.9%-1.1%11.3%939.6K-78.2M-368.5K0.1167.40N/AN/A7,974847121,56872,823
2025-10-28$12.86$12.0081.7%22.5%74.6%17.8%77.3%6.8%12.9%811.7K-67.8M-364.1K0.2264.00N/AN/A6,5151,409123,60073,175
2025-10-29$12.84$12.0072.6%21.6%69.4%13.1%79.3%-3.7%18.2%783.0K-66.9M-361.9K0.1473.75N/AN/A5,575767123,76973,942
2025-10-30$12.89$12.0083.2%24.0%64.4%18.6%84.0%-2.0%5.1%794.3K-66.5M-361.9K0.2574.43N/AN/A3,566907124,34374,055
2025-10-31$13.52$12.0086.7%21.9%66.5%20.3%82.0%6.3%10.9%1.1M-78.6M-370.6K0.1668.07N/AN/A6,8131,073124,33574,023