PLTR Options History — March 2023

In March 2023, PLTR traded between $7.34 and $8.48. ATM implied volatility averaged 54.4%, placing in the 6.1% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded below realized volatility by 16.4% (HV 20d: 70.8%). Max pain ranged from $8.00 to $8.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.43.

Notable Days

  • 2023-03-13: Highest Volume — 173,133 contracts
  • 2023-03-16: Largest IV drop — 7.5% change
  • 2023-03-13: Highest IV Rank — 18.5%
  • 2023-03-13: Largest Expected Move — 16.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.07$7.34$8.48$7.74$8.39
Max Pain$8.07$8.00$8.50$8.50$8.00
ATM IV54.4%50.1%60.8%57.0%51.4%
Expected Move15.4%14.2%16.4%16.1%14.4%
HV 20d70.8%49.0%98.8%98.8%49.0%
HV 60d70.2%68.6%72.6%70.6%69.0%
IV Rank6.1%0.0%18.5%10.8%2.5%
IV Percentile6.2%0.0%28.6%11.1%0.8%
Term Structure0.1%-3.0%3.4%-0.9%2.3%
VWIV55.0%49.4%60.0%57.4%52.1%
Skew 25d2.1%-1.4%6.1%-0.5%0.8%
Skew 10d4.0%-5.4%13.6%-5.4%2.0%
Call IV 25d54.9%48.4%61.0%58.2%52.3%
Put IV 25d57.0%53.0%62.4%57.7%53.1%
Bid-Ask Spread %2.962.023.982.553.37
Gamma HHI0.100.080.110.100.10
Net GEX2.4M81.7K4.5M81.7K3.4M
Net DEX-81.9M-146.3M33.3M-13.5M-137.0M
Net VEX-2.0M-2.2M-1.8M-2.0M-2.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.180.850.520.29
Total Volume91,352.21740,590173,13366,412128,203
Total OI1,714,294.4781,457,2041,904,6281,845,2031,572,390

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$7.74$8.5057.0%16.1%98.8%10.8%57.4%-0.5%-0.9%81.7K-13.5M-2.0M0.522.55N/AN/A43,81922,5931,213,820631,383
2023-03-02$8.00$8.5055.9%16.0%97.2%8.6%57.8%1.3%-1.2%891.7K-52.2M-2.1M0.352.40N/AN/A75,47226,4481,225,997634,703
2023-03-03$8.32$8.5055.2%15.8%93.8%7.3%57.2%-0.4%-1.1%2.3M-110.3M-2.1M0.262.02N/AN/A116,58430,0371,253,390638,974
2023-03-06$8.27$8.0053.7%15.2%91.8%4.4%53.8%0.5%0.1%2.6M-104.9M-2.1M0.592.91N/AN/A47,50328,1321,203,898597,017
2023-03-07$8.27$8.0053.6%15.1%91.7%4.2%53.8%1.8%-1.2%2.6M-104.7M-2.1M0.282.74N/AN/A60,68816,9401,220,332604,066
2023-03-08$8.16$8.0052.3%14.9%91.8%1.6%53.0%-1.3%0.1%2.3M-80.9M-2.0M0.183.58N/AN/A135,41624,3101,240,690607,252
2023-03-09$7.72$8.0054.8%15.5%93.8%6.5%55.6%-1.4%0.4%666.6K-25.8M-2.0M0.572.64N/AN/A61,53735,0991,252,736614,867
2023-03-10$7.34$8.0057.3%15.9%94.7%11.5%57.2%-0.1%-1.1%158.7K33.3M-1.8M0.853.31N/AN/A71,61161,0671,266,670621,445
2023-03-13$7.91$8.0060.8%16.4%96.4%18.5%60.0%1.4%-3.0%1.5M-59.2M-2.0M0.323.64N/AN/A130,85742,2761,215,495602,537
2023-03-14$7.86$8.0058.6%16.3%96.3%14.0%59.2%1.7%-1.8%1.6M-53.0M-2.0M0.192.57N/AN/A73,47714,2551,250,568603,068
2023-03-15$7.89$8.0058.5%16.3%65.2%13.9%58.3%1.5%-1.3%2.0M-63.6M-2.0M0.543.49N/AN/A63,56034,3161,270,053601,742
2023-03-16$8.00$8.0054.1%15.4%56.0%5.2%55.7%4.2%-0.7%2.2M-76.3M-2.1M0.322.96N/AN/A45,74814,5421,287,524610,103
2023-03-17$7.88$8.0055.3%15.8%54.9%7.5%55.4%2.5%0.0%2.3M-48.7M-2.0M0.602.41N/AN/A52,53231,4111,300,874603,754
2023-03-20$8.04$8.0053.7%15.3%53.9%4.3%54.6%5.5%1.1%2.6M-89.8M-2.0M0.312.79N/AN/A60,18218,8911,016,853440,351
2023-03-21$8.48$8.0051.9%14.9%50.6%0.8%52.4%6.1%2.0%4.3M-146.3M-2.2M0.242.59N/AN/A91,93221,6371,040,732448,840
2023-03-22$8.30$8.0052.4%15.0%50.8%1.7%53.5%3.0%-0.1%4.3M-130.1M-2.1M0.413.98N/AN/A58,52324,2161,071,956455,687
2023-03-23$8.32$8.0054.6%15.7%50.5%6.2%56.3%3.5%0.9%4.5M-133.1M-2.1M0.333.15N/AN/A47,98415,8911,087,516464,632
2023-03-24$8.20$8.0054.1%15.6%50.3%5.2%55.9%3.2%-0.2%3.0M-111.7M-2.0M0.563.25N/AN/A38,82621,6541,097,551466,821
2023-03-27$8.11$8.0053.5%15.1%50.4%4.0%53.9%4.3%0.6%2.7M-91.8M-1.9M0.683.49N/AN/A39,62326,8521,043,445446,537
2023-03-28$8.04$8.0051.5%14.5%49.9%0.0%51.7%2.1%2.2%2.6M-87.7M-2.0M0.513.67N/AN/A26,90513,6851,062,614456,494
2023-03-29$8.25$8.0050.1%14.3%50.3%0.0%49.4%4.7%3.4%3.4M-104.5M-2.0M0.402.58N/AN/A37,52014,9401,070,476463,596
2023-03-30$8.11$8.0051.1%14.2%49.5%1.8%50.6%3.3%2.3%2.7M-92.0M-1.9M0.492.07N/AN/A35,75717,6501,083,665465,659
2023-03-31$8.39$8.0051.4%14.4%49.0%2.5%52.1%0.8%2.3%3.4M-137.0M-2.1M0.293.37N/AN/A99,10929,0941,095,328477,062