PL Options History — March 2026

In March 2026, PL traded between $24.53 and $34.94. ATM implied volatility averaged 117.7%, placing in the 82.2% IV rank vs the trailing year. The 30-day expected move averaged 35.0%. IV traded above realized volatility by 32.7% (HV 20d: 85.0%). Max pain ranged from $13.00 to $24.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.63.

Notable Days

  • 2026-03-20: Highest Volume — 110,067 contracts
  • 2026-03-20: Largest IV drop — 14.1% change
  • 2026-03-02: Highest IV Rank — 100.0%
  • 2026-03-13: Largest Expected Move — 56.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.89$24.53$34.94$26.20$28.00
Max Pain$17.76$13.00$24.00$24.00$19.00
ATM IV117.7%91.5%133.1%132.6%102.2%
Expected Move35.0%27.3%56.5%44.7%29.3%
HV 20d85.0%60.6%115.8%90.1%111.6%
HV 60d87.7%76.0%97.3%96.7%92.0%
IV Rank82.2%51.7%100.0%100.0%64.1%
IV Percentile86.8%61.1%100.0%100.0%75.4%
Term Structure-4.8%-14.0%4.6%-9.8%-1.1%
VWIV120.4%93.5%163.8%158.7%106.6%
Skew 25d1.9%-9.2%20.3%3.0%1.3%
Skew 10d4.1%-18.3%14.5%6.5%4.0%
Call IV 25d117.4%80.1%138.6%130.0%100.2%
Put IV 25d119.3%99.0%137.9%133.0%101.6%
Bid-Ask Spread %32.0719.6047.7330.7426.82
Gamma HHI0.110.060.250.110.06
Net GEX1.1M-1.4M3.0M1.2M717.7K
Net DEX-233.6M-399.5M-174.4M-207.9M-196.2M
Net VEX-898.2K-1.0M-810.7K-834.4K-999.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.211.160.210.59
Total Volume24,004.4295,964110,06712,88821,443
Total OI233,367.905200,221279,956200,221267,202

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$26.20$24.00132.6%44.7%90.1%100.0%158.7%3.0%-9.8%1.2M-207.9M-834.4K0.2130.74N/AN/A10,6702,218126,55873,663
2026-03-03$25.55$24.00133.1%45.7%85.9%100.0%158.3%1.4%-8.4%1.4M-199.8M-827.3K0.2531.84N/AN/A5,4701,370130,59874,661
2026-03-04$26.14$24.00131.6%46.1%85.4%98.2%163.8%-0.9%-7.8%1.6M-208.4M-829.4K0.4727.13N/AN/A4,4132,095131,71575,312
2026-03-05$24.57$14.00129.6%35.0%81.7%96.0%120.7%2.6%-9.4%1.2M-178.6M-810.7K0.7638.95N/AN/A5,4914,193133,50976,535
2026-03-06$25.16$14.00132.0%35.2%77.8%98.7%122.4%-0.8%-14.0%1.3M-196.8M-823.0K0.8047.73N/AN/A11,5299,212134,48279,793
2026-03-09$25.79$13.00130.9%34.5%73.7%97.4%124.1%9.6%-6.0%1.1M-194.1M-850.5K1.1644.98N/AN/A11,63013,463130,09677,738
2026-03-10$25.55$17.00131.2%35.1%68.0%97.8%120.5%5.8%-10.6%1.2M-197.7M-874.3K0.3743.15N/AN/A4,3421,622136,72088,773
2026-03-11$25.45$17.00127.2%34.2%65.3%93.1%121.4%-3.0%-7.6%1.2M-191.2M-877.0K0.2845.15N/AN/A5,6561,561138,55790,026
2026-03-12$25.13$17.00128.3%34.1%61.7%94.5%123.0%5.6%-8.8%1.2M-192.2M-861.7K0.2922.39N/AN/A5,4671,612140,79290,941
2026-03-13$24.53$17.00125.8%56.5%62.1%91.5%120.7%-4.6%-11.7%839.9K-178.2M-852.4K0.4626.63N/AN/A6,9363,207142,65992,356
2026-03-16$24.56$17.00123.2%35.3%60.6%88.5%122.1%-2.5%1.4%1.0M-174.4M-851.1K0.7325.93N/AN/A7,3555,380137,12184,557
2026-03-17$26.84$17.00120.1%34.8%67.5%84.9%121.7%-2.0%-6.1%1.3M-215.2M-863.0K0.9922.65N/AN/A12,63112,478139,94387,876
2026-03-19$26.99$15.00120.3%34.7%64.5%85.2%122.1%4.8%-7.6%1.5M-226.5M-855.6K0.6029.46N/AN/A18,54011,174143,88387,584
2026-03-20$33.20$16.00103.4%29.1%95.6%65.5%102.2%4.1%3.1%3.0M-399.5M-867.1K0.6619.60N/AN/A66,28643,781155,86196,208
2026-03-23$34.42$16.0091.5%27.5%94.4%51.7%93.5%20.3%-2.0%1.4M-335.0M-923.2K1.0634.23N/AN/A22,58823,912133,96985,446
2026-03-24$31.84$17.0098.4%27.9%100.0%59.7%102.0%-0.8%4.6%1.2M-287.6M-982.5K1.0233.15N/AN/A12,17412,472144,003101,523
2026-03-25$34.94$18.00100.4%28.9%103.6%62.0%101.4%-3.1%1.3%1.4M-364.8M-1.0M0.6931.21N/AN/A33,60523,185147,847108,867
2026-03-26$32.14$19.00101.7%27.3%109.6%63.5%104.6%6.6%0.4%694.8K-304.7M-1.0M0.4835.80N/AN/A13,2586,347158,147117,359
2026-03-27$30.92$19.00103.6%30.0%110.9%65.7%108.4%0.8%-3.4%-1.4M-266.7M-1.0M0.6230.87N/AN/A12,3437,659161,408118,548
2026-03-30$27.75$19.00105.0%30.1%115.8%67.4%110.6%-9.2%3.0%739.7K-190.3M-996.6K0.8125.02N/AN/A13,98911,336151,778106,112
2026-03-31$28.00$19.00102.2%29.3%111.6%64.1%106.6%1.3%-1.1%717.7K-196.2M-999.3K0.5926.82N/AN/A13,4867,957155,120112,082