PPL Options History — November 2017

In November 2017, PPL traded between $35.91 and $37.17. ATM implied volatility averaged 15.4%, placing in the 48.3% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 1.4% (HV 20d: 14.0%). Max pain ranged from $36.00 to $38.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.91.

Notable Days

2017-11-06: Highest Volume — 10,001 contracts
2017-11-06: Largest IV spike — 27.0% change
2017-11-06: Highest IV Rank — 67.3%
2017-11-10: Largest Expected Move — 4.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$36.56	$35.91	$37.17	$36.95	$36.67
Max Pain	$36.86	$36.00	$38.00	$38.00	$37.00
ATM IV	15.4%	14.1%	18.2%	16.1%	14.1%
Expected Move	4.4%	4.0%	4.8%	4.6%	4.0%
HV 20d	14.0%	12.4%	14.8%	13.6%	13.7%
HV 60d	12.9%	11.8%	13.5%	11.9%	13.5%
IV Rank	48.3%	39.4%	67.3%	53.0%	39.4%
IV Percentile	67.4%	47.2%	84.9%	72.6%	47.2%
Term Structure	-0.8%	-2.8%	0.8%	-1.2%	0.1%
VWIV	15.8%	14.3%	17.0%	16.1%	16.2%
Skew 25d	4.6%	3.1%	6.4%	4.4%	4.8%
Skew 10d	10.2%	5.8%	13.7%	6.9%	8.0%
Call IV 25d	13.3%	11.9%	14.5%	14.0%	12.0%
Put IV 25d	17.9%	16.8%	19.0%	18.4%	16.8%
Bid-Ask Spread %	17.91	11.15	65.25	65.25	19.68
Gamma HHI	0.20	0.14	0.31	0.31	0.25
Net GEX	1.3M	304.9K	2.0M	1.9M	1.7M
Net DEX	1.6M	-4.7M	7.6M	-992.5K	-3.8M
Net VEX	-211.8K	-227.3K	-194.1K	-213.4K	-221.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.91	0.31	2.46	2.46	0.97
Total Volume	5,066.905	1,714	10,001	3,577	1,714
Total OI	49,073.952	46,260	50,661	46,260	50,661

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2017-11-01	$36.95	$38.00	16.1%	4.6%	13.6%	53.0%	16.1%	4.4%	-1.2%	1.9M	-992.5K	-213.4K	2.46	65.25	N/A	N/A	1,034	2,543	29,375	16,885
2017-11-02	$36.90	$37.00	15.0%	4.3%	13.2%	45.1%	14.3%	5.2%	-0.9%	1.4M	2.3M	-198.7K	0.57	17.42	N/A	N/A	4,292	2,460	29,695	16,925
2017-11-03	$36.76	$37.00	14.3%	4.3%	13.2%	40.7%	14.5%	3.5%	-0.5%	1.5M	1.4M	-211.7K	0.91	15.89	N/A	N/A	2,634	2,386	30,121	16,942
2017-11-06	$36.48	$37.00	18.2%	4.7%	13.4%	67.3%	15.3%	4.2%	-1.6%	1.0M	4.2M	-202.9K	0.32	17.11	N/A	N/A	7,565	2,436	30,344	16,948
2017-11-07	$37.17	$37.00	14.5%	4.4%	14.5%	41.5%	14.6%	4.8%	-1.0%	2.0M	-4.7M	-227.3K	0.37	15.61	N/A	N/A	6,691	2,478	31,682	17,058
2017-11-08	$36.91	$37.00	15.0%	4.3%	14.6%	45.6%	15.9%	3.9%	-0.7%	1.8M	-2.3M	-222.8K	0.56	16.57	N/A	N/A	4,360	2,461	31,581	17,109
2017-11-09	$36.77	$37.00	14.9%	4.3%	13.9%	45.1%	16.5%	4.4%	-0.1%	1.4M	971.2K	-212.8K	0.70	19.48	N/A	N/A	4,248	2,973	31,661	17,131
2017-11-10	$36.31	$37.00	16.8%	4.8%	12.4%	58.6%	15.8%	4.5%	-1.1%	787.5K	6.3M	-212.0K	0.54	16.21	N/A	N/A	4,426	2,407	31,654	17,712
2017-11-13	$36.65	$37.00	15.1%	4.3%	13.0%	46.8%	16.9%	4.9%	-0.2%	991.8K	2.7M	-211.6K	0.75	20.24	N/A	N/A	2,982	2,225	31,742	17,491
2017-11-14	$37.10	$37.00	14.8%	4.2%	13.8%	44.6%	15.9%	4.7%	-0.3%	1.6M	-2.9M	-217.4K	1.94	15.15	N/A	N/A	1,214	2,359	32,022	17,726
2017-11-15	$36.56	$37.00	15.3%	4.4%	14.7%	47.9%	16.7%	4.6%	-0.2%	1.1M	2.5M	-211.9K	1.93	13.56	N/A	N/A	1,120	2,156	32,144	17,905
2017-11-16	$36.23	$37.00	15.5%	4.4%	14.4%	49.2%	16.9%	3.1%	-0.6%	668.5K	7.6M	-198.8K	2.34	12.09	N/A	N/A	876	2,050	32,195	17,959
2017-11-17	$36.22	$37.00	15.2%	4.3%	14.4%	46.9%	14.9%	4.9%	-0.9%	304.9K	7.4M	-194.1K	0.41	15.37	N/A	N/A	4,946	2,005	32,207	17,992
2017-11-20	$35.91	$37.00	16.0%	4.6%	13.8%	52.7%	15.3%	4.4%	-1.7%	1.0M	6.6M	-205.1K	1.30	14.75	N/A	N/A	1,738	2,255	31,106	17,638
2017-11-21	$36.02	$37.00	15.1%	4.3%	14.0%	46.8%	15.4%	4.7%	-0.8%	1.1M	5.3M	-208.3K	0.33	16.44	N/A	N/A	5,057	1,654	31,352	17,749
2017-11-22	$36.05	$37.00	15.5%	4.4%	14.0%	49.4%	15.9%	4.6%	-1.4%	1.1M	4.7M	-212.2K	0.70	14.54	N/A	N/A	2,544	1,775	31,835	17,784
2017-11-24	$36.31	$36.00	16.4%	4.7%	14.4%	55.4%	17.0%	4.2%	-1.7%	1.3M	2.0M	-217.9K	0.32	14.44	N/A	N/A	2,466	785	31,944	17,919
2017-11-27	$36.61	$36.00	14.4%	4.1%	14.8%	41.4%	16.0%	6.4%	0.2%	1.6M	-2.4M	-215.1K	0.31	11.63	N/A	N/A	2,521	793	31,976	17,937
2017-11-28	$36.48	$36.00	16.3%	4.7%	14.7%	55.2%	14.9%	5.1%	-2.8%	1.7M	-2.0M	-216.0K	0.39	11.15	N/A	N/A	2,597	1,013	32,115	17,999
2017-11-29	$36.60	$36.00	14.5%	4.2%	14.7%	42.4%	16.2%	6.4%	0.8%	1.7M	-2.3M	-217.2K	0.93	13.46	N/A	N/A	1,123	1,043	32,229	18,103
2017-11-30	$36.67	$37.00	14.1%	4.0%	13.7%	39.4%	16.2%	4.8%	0.1%	1.7M	-3.8M	-221.4K	0.97	19.68	N/A	N/A	868	846	32,345	18,316