POET Options History — May 2024

In May 2024, POET traded between $1.77 and $2.67. ATM implied volatility averaged 112.0%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 29.7%. IV traded below realized volatility by 59.6% (HV 20d: 171.6%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.66.

Notable Days

  • 2024-05-03: Highest Volume — 2,598 contracts
  • 2024-05-13: Largest IV spike — 87.0% change
  • 2024-05-13: Highest IV Rank — 29.4%
  • 2024-05-02: Largest Expected Move — 43.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.13$1.77$2.67$2.67$1.77
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV112.0%83.0%165.8%119.4%101.3%
Expected Move29.7%23.8%43.5%34.2%29.0%
HV 20d171.6%92.0%208.7%198.0%92.0%
HV 60d134.6%127.6%138.5%127.6%138.4%
IV Rank15.5%8.0%29.4%17.4%12.7%
IV Percentile52.9%29.0%87.7%60.3%42.5%
Term Structure1.1%-34.2%53.8%-2.7%10.7%
VWIV106.0%78.7%163.6%113.0%103.1%
Skew 25d30.6%-77.5%100.7%42.9%-2.2%
Skew 10d73.6%-98.0%187.4%-12.4%-7.0%
Call IV 25d125.3%56.9%322.5%103.5%105.9%
Put IV 25d156.0%98.6%298.5%146.4%103.7%
Bid-Ask Spread %72.8453.9196.7273.2369.11
Gamma HHI0.320.290.400.400.32
Net GEX13.1K10.2K18.0K18.0K10.6K
Net DEX-849.4K-1.4M-445.8K-1.4M-457.1K
Net VEX-4.2K-5.4K-3.1K-5.3K-3.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.031.930.390.48
Total Volume702.273402,5981,55174
Total OI15,461.68213,49917,68013,49914,916

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$2.67$2.00119.4%34.2%198.0%17.4%113.0%42.9%-2.7%18.0K-1.4M-5.3K0.3973.231,11543611,7851,714
2024-05-02$2.41$2.00151.6%43.5%203.3%25.7%163.6%-77.5%-34.2%11.1K-1.0M-4.4K0.6161.7750130412,0841,689
2024-05-03$2.10$2.00123.8%35.5%208.4%18.5%122.9%29.7%-13.0%12.5K-636.2K-3.9K0.3968.511,87172712,2221,948
2024-05-06$2.12$2.00144.7%30.7%208.1%24.0%129.1%11.9%0.9%15.0K-743.9K-4.5K0.7160.6394667213,5112,260
2024-05-07$2.08$2.00121.1%29.2%208.7%17.8%91.2%50.2%4.4%15.8K-747.9K-4.6K0.7868.6025319813,9932,223
2024-05-08$1.99$2.00150.1%31.5%205.7%25.4%103.2%63.8%-6.8%14.2K-626.8K-4.3K0.6560.6735222814,0822,301
2024-05-09$2.13$2.00118.9%27.8%206.0%17.3%105.8%41.2%18.3%15.0K-766.9K-4.6K0.0961.255284713,9622,266
2024-05-10$2.22$2.0088.6%29.3%205.5%9.4%108.4%39.0%-2.8%14.9K-898.2K-4.6K0.3762.1863223614,3632,248
2024-05-13$2.17$2.00165.8%31.3%201.1%29.4%116.2%80.3%-3.5%16.0K-931.3K-4.7K0.4783.8450924114,8332,278
2024-05-14$2.36$2.00105.6%24.1%201.5%13.8%78.7%-2.4%53.8%13.9K-1.3M-5.4K0.2153.9170414715,0472,284
2024-05-15$2.46$2.0093.0%26.6%200.4%10.5%96.4%9.3%34.9%16.2K-1.3M-4.9K0.5880.4152130415,2022,297
2024-05-16$2.28$2.0090.6%26.0%201.7%9.9%96.5%-16.3%12.4%10.8K-1.1M-3.7K0.4596.7276634415,3422,338
2024-05-17$2.21$2.0083.0%23.8%202.8%8.0%80.7%98.6%-3.5%10.2K-1.1M-4.0K0.6491.3622514315,0302,427
2024-05-20$2.19$2.00103.0%29.5%185.7%13.1%108.2%100.7%-13.7%13.9K-917.5K-4.3K0.6583.0133821912,3241,814
2024-05-21$2.23$2.0091.2%26.1%172.1%10.1%91.6%32.1%-5.8%10.5K-1.0M-3.8K0.4890.61271312,4361,850
2024-05-22$2.12$2.0092.3%26.5%140.3%10.4%92.0%72.5%-8.6%13.7K-885.2K-4.5K0.0381.23181612,4421,861
2024-05-23$1.97$2.00101.3%29.0%138.3%12.7%102.8%37.7%-26.6%12.4K-661.8K-4.0K1.9372.6912023112,4821,866
2024-05-24$1.77$2.0090.8%26.0%107.0%10.0%99.5%12.2%13.0%10.4K-445.8K-3.5K0.9775.4723122312,5131,992
2024-05-28$1.83$2.0090.5%25.9%94.8%9.9%93.3%38.0%13.2%11.2K-456.7K-3.3K1.8875.8916731412,5972,012
2024-05-29$1.90$2.00119.9%34.4%96.7%17.5%119.0%21.1%-11.1%11.5K-648.6K-3.8K1.7364.42406912,7511,869
2024-05-30$1.83$2.00116.8%33.5%96.9%16.7%117.4%-8.6%-6.0%10.7K-520.2K-3.3K0.0566.922361112,7691,934
2024-05-31$1.77$2.00101.3%29.0%92.0%12.7%103.1%-2.2%10.7%10.6K-457.1K-3.1K0.4869.11502412,9831,933