PPL Options History — February 2015

In February 2015, PPL traded between $31.76 and $33.87. ATM implied volatility averaged 17.5%, placing in the 58.9% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded below realized volatility by 2.5% (HV 20d: 20.0%). Max pain ranged from $31.67 to $32.60. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.78.

Notable Days

  • 2015-02-10: Highest Volume — 3,136 contracts
  • 2015-02-26: Largest IV spike — 38.9% change
  • 2015-02-18: Highest IV Rank — 66.6%
  • 2015-02-09: Largest Expected Move — 5.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.70$31.76$33.87$33.44$31.76
Max Pain$32.16$31.67$32.60$32.60$32.60
ATM IV17.5%13.4%18.9%16.6%16.6%
Expected Move5.1%3.8%5.6%4.8%4.8%
HV 20d20.0%12.8%23.2%15.0%22.7%
HV 60d18.9%17.1%19.8%18.9%19.8%
IV Rank58.9%36.3%66.6%53.9%54.1%
IV Percentile83.7%26.2%95.2%81.3%77.0%
Term Structure-0.7%-2.6%1.9%1.9%0.9%
VWIV18.1%15.4%21.2%15.9%21.2%
Skew 25d4.3%-2.0%9.2%9.2%-2.0%
Skew 10d6.1%-4.0%18.3%12.8%-3.4%
Call IV 25d16.1%10.4%18.6%10.4%16.7%
Put IV 25d20.4%14.7%23.3%19.6%14.7%
Bid-Ask Spread %73.9856.7389.0465.2781.68
Gamma HHI0.670.610.720.630.68
Net GEX8.3M6.0M10.3M9.1M6.0M
Net DEX-51.6M-93.1M-20.7M-77.5M-20.7M
Net VEX-371.0K-457.7K-264.6K-441.2K-264.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.101.390.300.52
Total Volume2,227.4217653,1367652,590
Total OI73,389.05371,80474,97971,91473,093

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-02-02$33.44$32.6016.6%4.8%15.0%53.9%15.9%9.2%1.9%9.1M-77.5M-441.2K0.3065.27N/AN/A58717862,8079,107
2015-02-03$33.87$32.6018.8%5.4%12.8%66.1%17.3%6.7%-0.9%9.6M-91.4M-446.4K0.5856.73N/AN/A1,9681,13362,7569,244
2015-02-04$33.33$32.6016.9%4.8%14.2%55.3%16.0%2.3%-0.1%9.3M-81.2M-444.3K0.9359.36N/AN/A1,06999763,7719,487
2015-02-05$33.80$31.6715.5%5.3%15.0%48.1%18.3%3.7%-2.6%10.3M-93.1M-457.7K1.1977.29N/AN/A83699463,8939,487
2015-02-06$32.74$31.6715.2%5.3%19.0%46.4%20.8%4.4%-0.5%8.1M-57.9M-413.6K1.0268.41N/AN/A1,0821,10563,9239,456
2015-02-09$32.26$31.6718.3%5.6%19.6%63.4%19.5%3.9%-1.4%7.0M-40.0M-376.6K0.9367.83N/AN/A96589863,8679,741
2015-02-10$32.88$31.6718.2%5.4%20.7%62.9%19.2%3.8%-0.8%8.9M-54.7M-397.4K0.5571.43N/AN/A2,0201,11663,9649,849
2015-02-11$32.32$31.6718.6%5.3%21.3%65.0%17.3%4.7%-1.2%7.3M-43.7M-376.2K1.2776.80N/AN/A8501,08264,1729,856
2015-02-12$32.46$31.6718.0%5.2%20.9%61.6%19.5%4.3%0.6%7.6M-43.0M-367.0K1.3985.99N/AN/A8051,11864,0659,874
2015-02-13$32.32$31.6718.6%5.3%20.9%65.1%17.8%3.2%-1.7%7.2M-34.1M-335.1K1.2689.04N/AN/A8521,07364,1649,914
2015-02-17$32.14$31.6718.3%5.2%21.0%63.4%18.6%5.4%-0.5%6.9M-30.0M-316.4K1.3782.70N/AN/A71798564,3899,950
2015-02-18$32.93$31.6718.9%5.4%22.7%66.6%19.1%7.5%-1.9%9.5M-58.0M-375.5K1.1777.28N/AN/A9581,12164,5019,973
2015-02-19$32.75$32.6018.6%5.3%22.3%64.8%18.4%4.6%-0.5%8.4M-52.4M-365.6K0.1176.83N/AN/A1,10512564,66410,003
2015-02-20$32.58$32.6017.6%5.0%22.1%59.4%15.5%5.0%-0.8%8.2M-41.5M-343.7K0.1076.85N/AN/A2,69127664,89810,081
2015-02-23$32.73$32.6018.1%5.2%22.2%62.1%18.3%4.1%-1.5%9.0M-46.0M-355.1K0.5474.53N/AN/A1,78496763,1148,690
2015-02-24$32.82$32.6017.6%5.1%22.2%59.7%15.4%4.2%-0.3%9.6M-52.6M-358.2K0.6169.93N/AN/A1,6291,00263,4828,865
2015-02-25$32.25$32.6013.4%3.8%23.0%36.3%16.3%3.2%-0.4%8.3M-37.7M-330.2K0.4978.60N/AN/A1,85791763,5638,933
2015-02-26$31.94$32.6018.6%5.3%23.2%65.1%18.9%4.2%-1.5%6.7M-24.9M-284.0K0.3868.99N/AN/A2,08278763,6849,112
2015-02-27$31.76$32.6016.6%4.8%22.7%54.1%21.2%-2.0%0.9%6.0M-20.7M-264.6K0.5281.68N/AN/A1,69989163,9549,139