PLTR Options History — May 2023

In May 2023, PLTR traded between $7.33 and $14.79. ATM implied volatility averaged 61.3%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 18.2%. IV traded below realized volatility by 19.4% (HV 20d: 80.7%). Max pain ranged from $8.00 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.46.

Notable Days

  • 2023-05-18: Highest Volume — 1,091,345 contracts
  • 2023-05-09: Largest IV drop — 24.2% change
  • 2023-05-30: Highest IV Rank — 83.9%
  • 2023-05-30: Largest Expected Move — 25.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.46$7.33$14.79$7.79$14.71
Max Pain$8.64$8.00$10.00$8.00$10.00
ATM IV61.3%48.2%78.2%61.4%74.9%
Expected Move18.2%13.8%25.4%20.3%23.5%
HV 20d80.7%37.1%103.6%38.5%102.7%
HV 60d68.2%63.1%77.8%64.0%73.2%
IV Rank30.1%0.0%83.9%21.8%74.7%
IV Percentile38.0%0.0%92.9%33.3%86.9%
Term Structure-1.5%-4.7%1.0%-1.8%-3.5%
VWIV66.0%49.6%93.3%72.2%87.4%
Skew 25d-2.4%-11.6%1.8%1.8%-9.5%
Skew 10d-3.4%-19.5%6.5%5.0%-19.5%
Call IV 25d64.6%50.0%86.9%60.6%83.9%
Put IV 25d62.3%49.6%75.6%62.3%74.4%
Bid-Ask Spread %2.421.873.172.492.15
Gamma HHI0.140.100.230.110.12
Net GEX8.5M435.6K14.6M1.3M14.6M
Net DEX-540.1M-1.31B4.0M-37.0M-1.30B
Net VEX-2.9M-4.7M-1.7M-1.8M-4.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.320.730.470.48
Total Volume397,555.63664,5391,091,34565,295594,142
Total OI2,081,614.7271,674,2532,531,2061,674,2532,531,206

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$7.79$8.0061.4%20.3%38.5%21.8%72.2%1.8%-1.8%1.3M-37.0M-1.8M0.472.49N/AN/A44,31720,9781,142,805531,448
2023-05-02$7.63$8.0063.3%20.8%39.0%25.6%74.5%1.6%-1.0%914.2K-20.0M-1.7M0.522.68N/AN/A59,85731,0581,153,582535,975
2023-05-03$7.56$8.0064.9%21.9%39.0%28.6%77.5%1.3%-1.5%842.9K-13.9M-1.8M0.332.23N/AN/A48,62515,9141,171,724552,455
2023-05-04$7.33$8.0066.6%18.4%37.1%31.8%65.8%0.1%-2.0%435.6K4.0M-1.8M0.501.87N/AN/A50,50725,1321,192,967555,459
2023-05-05$7.47$8.0067.9%18.6%37.5%34.5%64.7%1.3%-4.1%740.5K-17.0M-1.8M0.422.09N/AN/A87,67437,2421,211,393559,967
2023-05-08$7.71$8.0075.4%20.3%37.7%48.9%76.2%0.9%-2.7%1.8M-68.9M-1.9M0.452.26N/AN/A219,21197,6381,193,526561,998
2023-05-09$9.66$8.0057.2%16.5%89.7%13.7%60.1%0.6%1.0%9.1M-454.9M-2.4M0.342.77N/AN/A721,788243,1311,293,503621,353
2023-05-10$9.96$8.0052.5%15.0%89.4%5.5%55.6%-2.1%-0.5%13.6M-520.9M-2.5M0.472.66N/AN/A395,096186,4171,389,454680,451
2023-05-11$9.91$8.0052.0%14.9%89.1%4.3%53.4%-1.4%0.0%12.5M-487.9M-2.6M0.472.26N/AN/A194,32190,6351,431,007746,449
2023-05-12$9.52$8.0048.3%14.0%90.1%0.0%49.6%-2.0%1.0%6.9M-359.8M-2.4M0.702.23N/AN/A142,07399,0561,446,276771,027
2023-05-15$9.57$8.0048.3%13.8%89.9%0.0%50.3%-0.8%-0.7%7.3M-319.0M-2.4M0.732.03N/AN/A113,49282,4591,338,985677,104
2023-05-16$9.48$8.0048.2%13.9%90.0%0.0%49.7%0.3%-1.0%7.0M-308.3M-2.4M0.532.11N/AN/A67,95936,1811,367,186696,064
2023-05-17$10.23$8.0050.0%14.3%92.5%5.1%52.2%0.1%-0.1%13.0M-495.6M-2.6M0.332.06N/AN/A262,38087,6371,380,935706,096
2023-05-18$11.75$8.0058.3%16.9%101.1%28.3%61.5%-3.7%-3.0%13.6M-894.4M-3.1M0.372.51N/AN/A794,190297,1551,442,751738,470
2023-05-19$11.66$9.0058.8%17.2%101.4%29.7%62.7%-4.1%-3.6%10.0M-844.5M-3.4M0.442.20N/AN/A451,505200,5341,528,668895,633
2023-05-22$11.86$9.0057.8%17.0%100.9%26.8%60.9%-3.3%-1.1%10.3M-678.7M-3.4M0.452.85N/AN/A185,75284,3531,356,733713,232
2023-05-23$12.75$10.0064.4%19.1%99.7%45.4%69.0%-1.8%-1.0%12.4M-921.8M-3.7M0.482.94N/AN/A302,885144,2881,410,133748,472
2023-05-24$12.21$10.0063.3%18.7%102.0%42.3%67.0%-3.5%-1.0%9.6M-728.6M-3.9M0.682.53N/AN/A69,23246,8311,485,829854,709
2023-05-25$12.89$10.0066.5%19.9%102.5%51.4%73.0%-7.3%-0.7%14.0M-948.7M-4.0M0.323.17N/AN/A388,175122,6971,516,415873,126
2023-05-26$13.63$10.0069.3%20.6%102.3%59.1%76.4%-8.8%-0.3%13.4M-1.16B-4.2M0.332.85N/AN/A643,580209,6611,546,697895,120
2023-05-30$14.79$10.0078.2%25.4%103.6%83.9%93.3%-11.6%-4.7%13.1M-1.31B-4.5M0.342.26N/AN/A559,314191,1521,513,976835,165
2023-05-31$14.71$10.0074.9%23.5%102.7%74.7%87.4%-9.5%-3.5%14.6M-1.30B-4.7M0.482.15N/AN/A401,348192,7941,630,325900,881