PPL Options History — April 2014

In April 2014, PPL traded between $30.20 and $31.32. ATM implied volatility averaged 13.2%, placing in the 55.3% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded below realized volatility by 0.3% (HV 20d: 13.5%). Max pain ranged from $27.94 to $27.94. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.37.

Notable Days

  • 2014-04-30: Highest Volume — 7,019 contracts
  • 2014-04-07: Largest IV spike — 29.1% change
  • 2014-04-30: Highest IV Rank — 67.2%
  • 2014-04-07: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.78$30.20$31.32$30.52$31.05
Max Pain$27.94$27.94$27.94$27.94$27.94
ATM IV13.2%10.3%14.7%11.1%14.7%
Expected Move4.4%3.9%4.5%4.4%4.4%
HV 20d13.5%12.3%15.9%15.8%12.3%
HV 60d13.1%12.9%13.4%13.2%12.9%
IV Rank55.3%35.9%67.2%42.5%67.2%
IV Percentile38.1%2.0%72.2%4.8%72.2%
Term Structure0.3%-0.7%1.8%1.8%0.8%
VWIV15.5%12.0%19.7%16.8%14.6%
Skew 25d2.4%0.6%3.8%2.5%2.6%
Skew 10d3.6%-2.2%8.3%3.1%6.2%
Call IV 25d12.4%9.8%14.1%9.8%13.8%
Put IV 25d14.8%11.8%16.4%12.3%16.3%
Bid-Ask Spread %57.9048.3168.5163.7060.56
Gamma HHI0.290.230.370.360.23
Net GEX4.1M3.1M6.5M4.2M3.5M
Net DEX-58.0M-76.2M-46.2M-56.9M-57.1M
Net VEX-315.9K-330.8K-301.3K-317.6K-317.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.001.660.000.02
Total Volume1,623.2383017,0192,7957,019
Total OI52,199.1942,64562,87351,82347,069

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-04-01$30.52$27.9411.1%4.4%15.8%42.5%16.8%2.5%1.8%4.2M-56.9M-317.6K0.0063.70N/AN/A2,793235,78816,035
2014-04-02$30.20$27.9411.9%4.3%15.9%48.5%19.7%0.9%1.1%4.3M-50.6M-321.7K0.0252.94N/AN/A3,0436335,92016,030
2014-04-03$30.24$27.9412.3%4.4%14.0%52.1%15.2%2.1%1.1%4.4M-49.5M-330.8K0.3962.22N/AN/A2399237,33316,070
2014-04-04$30.47$27.9410.3%4.4%13.3%35.9%0.0%2.4%0.5%4.3M-55.8M-319.9K0.8663.07N/AN/A29024836,28516,073
2014-04-07$30.55$27.9413.3%4.5%13.1%59.9%12.0%3.1%-0.0%4.1M-58.8M-315.5K0.4959.80N/AN/A84741436,47516,196
2014-04-08$31.01$27.9413.3%4.3%13.8%54.2%0.0%3.7%-0.1%3.7M-65.6M-309.3K0.6855.06N/AN/A19313236,68316,544
2014-04-09$30.76$27.9412.3%4.4%13.3%45.6%14.1%2.8%0.2%3.8M-62.5M-310.9K0.7157.92N/AN/A75753636,70116,635
2014-04-10$30.75$27.9413.7%4.4%13.2%58.0%17.9%2.1%-0.5%4.0M-62.7M-312.0K0.0468.51N/AN/A3,61614737,34517,060
2014-04-11$30.36$27.9414.1%4.4%13.3%62.0%15.2%1.0%-0.3%4.8M-55.0M-321.5K0.0453.29N/AN/A3,75613544,05417,195
2014-04-14$30.50$27.9414.0%4.5%13.4%60.3%15.7%2.3%-0.4%4.6M-56.7M-312.2K0.0855.93N/AN/A1,89014843,95317,322
2014-04-15$30.93$27.9413.9%4.4%14.3%59.8%16.3%3.1%-0.3%5.1M-69.2M-318.7K0.1154.64N/AN/A4174745,36017,408
2014-04-16$31.13$27.9413.6%4.5%12.6%56.9%14.0%3.6%-0.2%6.5M-76.2M-316.3K0.2154.96N/AN/A2495245,41817,392
2014-04-17$30.87$27.9413.8%4.5%13.1%58.7%15.9%2.5%-0.4%4.7M-69.0M-314.6K0.4260.11N/AN/A45418945,44017,433
2014-04-21$30.68$27.9413.8%4.3%13.2%59.1%13.7%3.6%-0.7%3.1M-47.0M-301.3K0.3459.37N/AN/A40913731,96610,679
2014-04-22$30.68$27.9412.7%4.5%13.1%48.4%15.3%3.8%1.1%3.1M-46.2M-305.5K1.6655.09N/AN/A18731032,33410,681
2014-04-23$30.84$27.9413.2%4.4%13.2%53.7%15.6%0.6%0.8%3.1M-49.5M-306.6K0.0460.96N/AN/A3,56312732,42410,929
2014-04-24$31.10$27.9414.4%4.4%13.5%64.1%0.0%2.2%-0.3%3.3M-55.6M-321.5K0.6548.31N/AN/A19412635,16210,957
2014-04-25$31.25$27.9413.0%3.9%12.9%51.5%17.0%2.7%1.1%3.4M-57.5M-323.3K0.8254.51N/AN/A17514435,33011,040
2014-04-28$31.32$27.9413.6%4.0%12.8%57.4%15.5%1.5%0.1%3.5M-59.6M-317.1K0.1554.77N/AN/A4656835,41811,168
2014-04-29$31.16$27.9414.5%4.2%12.9%65.2%15.3%0.8%0.3%3.5M-56.7M-320.4K0.1760.09N/AN/A3556035,65011,228
2014-04-30$31.05$27.9414.7%4.4%12.3%67.2%14.6%2.6%0.8%3.5M-57.1M-317.7K0.0260.56N/AN/A6,90911035,83511,234