PPL Options History — May 2015

In May 2015, PPL traded between $30.97 and $32.47. ATM implied volatility averaged 18.5%, placing in the 64.2% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 1.7% (HV 20d: 16.7%). Max pain ranged from $31.67 to $31.67. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 1.06.

Notable Days

  • 2015-05-05: Highest Volume — 8,009 contracts
  • 2015-05-11: Largest IV spike — 18.4% change
  • 2015-05-06: Highest IV Rank — 84.3%
  • 2015-05-07: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.78$30.97$32.47$31.82$32.36
Max Pain$31.67$31.67$31.67$31.67$31.67
ATM IV18.5%16.3%22.1%19.5%17.4%
Expected Move5.2%4.7%5.8%5.6%5.0%
HV 20d16.7%15.2%17.7%16.8%15.2%
HV 60d22.6%21.9%23.8%23.8%21.9%
IV Rank64.2%52.3%84.3%69.9%58.1%
IV Percentile76.7%52.4%99.6%96.4%63.9%
Term Structure-0.7%-2.0%0.5%-1.6%0.5%
VWIV18.5%16.5%20.2%19.2%19.0%
Skew 25d4.2%2.8%6.2%2.9%3.3%
Skew 10d9.1%0.9%16.3%3.7%0.9%
Call IV 25d16.1%12.5%18.5%18.5%16.0%
Put IV 25d20.3%18.4%22.3%21.4%19.3%
Bid-Ask Spread %62.2643.4872.0743.4851.75
Gamma HHI0.490.400.570.450.55
Net GEX6.5M4.1M8.5M5.8M8.3M
Net DEX-42.1M-62.2M-19.0M-42.9M-59.4M
Net VEX-342.8K-377.4K-287.3K-346.4K-357.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.060.062.831.721.10
Total Volume2,995.054618,0093,0252,584
Total OI68,473.8562,80772,82762,80769,655

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-05-01$31.82$31.6719.5%5.6%16.8%69.9%19.2%2.9%-1.6%5.8M-42.9M-346.4K1.7243.48N/AN/A1,1111,91453,4019,406
2015-05-04$32.09$31.6720.4%5.6%16.2%75.1%18.7%3.7%-2.0%6.4M-52.2M-357.1K0.0666.60N/AN/A4,09626453,4699,588
2015-05-05$31.44$31.6720.8%5.2%17.1%77.2%19.0%4.4%-0.5%6.1M-38.7M-335.2K0.4567.95N/AN/A5,5112,49857,2099,623
2015-05-06$31.02$31.6722.1%5.7%17.6%84.3%19.9%4.2%-1.9%4.7M-23.1M-310.4K1.5967.46N/AN/A1,7842,84058,27910,869
2015-05-07$31.15$31.6719.9%5.8%17.3%72.3%19.8%4.5%-0.5%5.0M-28.3M-325.3K1.7461.65N/AN/A1,4022,44458,52611,321
2015-05-08$31.57$31.6717.8%5.1%17.7%60.3%17.5%3.9%-0.1%6.1M-37.6M-347.9K0.2362.29N/AN/A55913158,47811,208
2015-05-11$31.43$31.6721.0%5.2%17.0%78.3%17.6%4.6%0.1%6.0M-36.5M-338.4K1.5270.37N/AN/A18327858,50211,194
2015-05-12$31.34$31.6719.5%5.4%16.7%70.0%19.1%4.0%-0.5%5.3M-28.0M-316.5K1.9560.18N/AN/A1,2452,42558,50311,303
2015-05-13$30.97$31.6719.3%5.5%16.8%68.8%20.0%4.4%-0.6%4.1M-19.0M-287.3K0.5264.54N/AN/A3,3581,76058,57411,344
2015-05-14$31.26$31.6718.0%5.2%17.1%61.6%19.2%4.0%-0.6%4.9M-25.1M-314.7K0.3166.80N/AN/A4,4201,39060,03911,597
2015-05-15$31.60$31.6717.0%4.9%17.5%56.3%18.4%3.7%-0.4%6.8M-33.9M-331.7K0.5368.93N/AN/A2,5021,33161,27911,548
2015-05-18$31.93$31.6716.9%4.9%17.0%55.8%16.5%2.8%-0.1%7.1M-41.2M-348.5K0.2972.07N/AN/A77222756,39510,484
2015-05-19$32.23$31.6716.3%4.7%17.1%52.4%16.9%6.1%-0.3%7.3M-52.4M-372.9K0.2759.62N/AN/A56015256,68810,468
2015-05-20$32.47$31.6716.8%4.8%16.9%55.2%17.7%3.8%-1.2%7.7M-62.2M-377.4K0.8567.32N/AN/A1,2251,03956,91610,601
2015-05-21$32.16$31.6716.3%4.7%17.1%52.3%17.3%2.9%-1.1%7.5M-54.9M-368.3K1.0561.37N/AN/A1,0541,11057,26410,712
2015-05-22$32.10$31.6717.2%4.9%16.7%57.3%17.7%3.9%-1.0%7.6M-51.5M-364.8K2.8370.76N/AN/A4851,37157,48010,857
2015-05-26$31.95$31.6718.4%5.3%15.6%64.1%18.7%4.8%-1.8%7.1M-44.2M-345.2K1.6064.56N/AN/A7171,14657,48811,194
2015-05-27$32.30$31.6717.0%4.9%15.7%56.2%17.1%6.2%-0.3%8.3M-52.6M-352.7K1.8151.08N/AN/A5941,07457,66311,281
2015-05-28$32.38$31.6717.5%5.0%15.7%58.8%20.2%5.6%-1.0%8.5M-57.6M-358.5K0.8246.47N/AN/A1,2891,05657,75911,312
2015-05-29$32.36$31.6717.4%5.0%15.2%58.1%19.0%3.3%0.5%8.3M-59.4M-357.3K1.1051.75N/AN/A1,2281,35658,35211,303