PPL Options History — April 2015

In April 2015, PPL traded between $31.02 and $32.23. ATM implied volatility averaged 18.2%, placing in the 62.8% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded below realized volatility by 3.1% (HV 20d: 21.3%). Max pain ranged from $31.67 to $32.60. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.00.

Notable Days

  • 2015-04-21: Highest Volume — 5,757 contracts
  • 2015-04-06: Largest IV spike — 13.6% change
  • 2015-04-06: Highest IV Rank — 70.2%
  • 2015-04-29: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.59$31.02$32.23$31.35$31.71
Max Pain$31.71$31.67$32.60$32.60$31.67
ATM IV18.2%16.9%19.5%18.1%18.7%
Expected Move5.2%4.9%5.5%5.2%5.4%
HV 20d21.3%14.9%31.3%31.2%16.9%
HV 60d23.8%23.2%24.2%23.2%24.0%
IV Rank62.8%55.8%70.2%62.1%65.7%
IV Percentile82.1%68.3%97.2%82.5%87.3%
Term Structure-0.1%-2.3%1.6%1.4%1.6%
VWIV18.8%17.2%20.7%19.1%18.5%
Skew 25d3.0%1.5%5.6%3.9%3.4%
Skew 10d5.8%-6.8%13.9%9.8%1.4%
Call IV 25d17.5%14.7%18.9%17.9%18.9%
Put IV 25d20.5%18.5%22.3%21.7%22.3%
Bid-Ask Spread %64.2544.2698.8944.2648.75
Gamma HHI0.410.320.480.380.47
Net GEX5.0M3.7M6.4M4.1M5.7M
Net DEX-33.8M-54.0M-12.9M-24.3M-42.7M
Net VEX-324.9K-365.8K-274.4K-330.2K-335.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.072.370.711.07
Total Volume2,486.9052555,7571,9384,858
Total OI65,115.42952,16571,49269,53860,950

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-04-01$31.35$32.6018.1%5.2%31.2%62.1%19.1%3.9%1.4%4.1M-24.3M-330.2K0.7144.26N/AN/A1,13180757,60611,932
2015-04-02$31.55$31.6717.2%5.3%31.3%57.2%18.7%3.5%-0.0%4.3M-30.2M-344.2K0.7959.76N/AN/A1,17492357,70711,986
2015-04-06$32.02$31.6719.5%5.4%24.7%70.2%19.9%2.1%0.4%5.1M-45.3M-364.4K0.8664.03N/AN/A99385557,87812,045
2015-04-07$31.58$31.6718.3%5.3%25.4%63.4%20.5%3.3%0.4%4.4M-35.6M-344.7K0.9563.91N/AN/A89485458,01312,062
2015-04-08$31.74$31.6719.0%5.5%25.3%67.4%19.0%2.1%-0.3%4.6M-34.1M-343.2K0.0761.68N/AN/A2391658,05112,107
2015-04-09$31.39$31.6718.8%5.4%25.6%66.1%19.6%2.7%-0.5%4.3M-24.1M-315.1K0.8465.17N/AN/A1,00984458,16612,119
2015-04-10$31.69$31.6718.1%5.2%25.3%62.3%19.7%3.8%0.1%4.9M-31.6M-321.9K0.7170.12N/AN/A1,15281958,21712,143
2015-04-13$31.24$31.6719.3%5.5%25.9%68.8%20.7%3.4%-2.3%4.4M-22.6M-305.5K0.5864.90N/AN/A1,34678458,22712,231
2015-04-14$31.55$31.6717.6%5.1%25.6%59.6%18.7%2.8%-0.1%5.0M-25.0M-303.6K0.6879.20N/AN/A1,16679858,35912,287
2015-04-15$31.23$31.6716.9%4.9%26.0%55.8%17.2%2.9%1.2%4.8M-20.5M-292.5K0.6970.68N/AN/A1,24185858,66312,300
2015-04-16$31.10$31.6719.2%5.5%17.6%68.2%18.7%3.4%-0.9%3.9M-14.9M-285.2K0.8478.32N/AN/A1,11092958,88812,451
2015-04-17$31.02$31.6719.1%5.5%17.3%67.6%18.7%3.6%-0.6%3.7M-12.9M-274.4K0.3166.03N/AN/A2,93590958,91612,576
2015-04-20$31.48$31.6717.5%5.0%16.6%58.9%17.9%2.7%0.2%4.5M-33.2M-295.0K0.7362.85N/AN/A1,8201,32246,3105,855
2015-04-21$31.30$31.6717.1%4.9%16.6%56.7%17.2%2.2%-0.3%4.7M-32.5M-299.5K0.3561.98N/AN/A4,2541,50347,3966,484
2015-04-22$31.64$31.6717.2%4.9%16.7%57.5%17.7%1.9%0.8%5.5M-39.2M-324.7K1.0766.77N/AN/A1,4021,49350,6656,842
2015-04-23$31.91$31.6717.9%5.1%14.9%61.3%18.3%3.8%-0.3%6.1M-48.6M-347.2K1.9098.89N/AN/A7921,50551,4487,147
2015-04-24$32.23$31.6717.3%5.0%15.1%57.7%17.8%1.5%-1.3%6.4M-54.0M-365.8K1.4553.88N/AN/A9911,43751,7517,445
2015-04-27$31.68$31.6717.8%5.1%16.6%60.3%18.6%1.8%0.4%5.9M-44.4M-342.0K2.2853.19N/AN/A6761,54552,2107,616
2015-04-28$31.97$31.6718.1%5.2%16.4%62.1%18.7%3.7%-0.2%6.4M-45.9M-340.8K2.3754.01N/AN/A6021,42852,2897,794
2015-04-29$32.06$31.6719.3%5.5%16.4%68.8%19.3%5.6%-1.0%6.3M-48.5M-348.1K1.8460.94N/AN/A9891,82252,3857,907
2015-04-30$31.71$31.6718.7%5.4%16.9%65.7%18.5%3.4%1.6%5.7M-42.7M-335.1K1.0748.75N/AN/A2,3472,51152,6078,343