PPL Options History — February 2018

In February 2018, PPL traded between $28.67 and $31.48. ATM implied volatility averaged 22.9%, placing in the 83.2% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 0.9% (HV 20d: 22.0%). Max pain ranged from $30.00 to $32.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.34.

Notable Days

  • 2018-02-06: Highest Volume — 10,458 contracts
  • 2018-02-05: Largest IV spike — 29.3% change
  • 2018-02-05: Highest IV Rank — 100.0%
  • 2018-02-09: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.29$28.67$31.48$31.29$28.67
Max Pain$30.37$30.00$32.00$32.00$30.00
ATM IV22.9%19.2%26.7%19.2%22.9%
Expected Move6.6%5.6%7.6%5.9%6.6%
HV 20d22.0%14.4%29.6%14.4%29.6%
HV 60d19.4%17.3%22.3%17.3%22.3%
IV Rank83.2%61.7%100.0%89.2%79.4%
IV Percentile97.6%93.3%100.0%98.4%96.8%
Term Structure-2.4%-3.8%-0.1%-1.9%-1.6%
VWIV24.9%21.1%29.2%21.1%23.1%
Skew 25d4.1%1.4%5.5%3.1%4.5%
Skew 10d7.6%-1.3%18.5%4.7%1.5%
Call IV 25d20.6%16.6%23.9%19.1%21.4%
Put IV 25d24.7%21.5%29.3%22.2%25.9%
Bid-Ask Spread %25.5511.2778.3211.2716.43
Gamma HHI0.220.150.280.250.24
Net GEX662.7K233.7K1.3M1.3M429.2K
Net DEX13.5M-4.0M26.7M6.1M26.7M
Net VEX-198.6K-224.6K-159.1K-223.4K-159.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.340.141.000.290.16
Total Volume5,830.5262,84410,4585,8836,468
Total OI51,672.05345,56655,41949,08853,013

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$31.29$32.0019.2%5.9%14.4%89.2%21.1%3.1%-1.9%1.3M6.1M-223.4K0.2911.27N/AN/A4,5601,32332,91916,169
2018-02-02$31.22$32.0020.1%6.2%14.4%96.2%22.8%3.4%-2.0%1.3M6.3M-223.0K0.2013.30N/AN/A4,61991933,04516,557
2018-02-05$30.36$32.0025.9%6.9%17.4%100.0%24.9%3.2%-2.5%498.9K16.4M-205.7K0.2763.01N/AN/A4,7591,28333,30116,881
2018-02-06$30.09$31.0025.1%7.1%16.7%95.4%25.6%4.0%-3.1%296.8K20.2M-191.3K0.1424.23N/AN/A9,1611,29733,82817,381
2018-02-07$30.35$30.0022.9%6.6%17.1%82.4%26.2%1.4%-2.9%552.8K14.4M-202.7K0.2116.69N/AN/A5,3011,11134,59617,541
2018-02-08$29.61$30.0025.3%7.3%18.6%96.5%26.4%5.5%-3.0%233.7K20.9M-191.6K0.2178.32N/AN/A5,9061,23334,53917,687
2018-02-09$30.13$30.0026.7%7.6%19.8%100.0%27.5%5.4%-3.6%597.8K14.5M-206.0K0.2630.99N/AN/A5,8611,53536,10317,918
2018-02-12$30.47$30.0025.5%7.3%20.2%93.6%28.2%4.5%-3.8%599.0K11.3M-207.1K0.2326.97N/AN/A5,3971,25936,33818,337
2018-02-13$30.75$30.0023.1%6.6%20.4%80.6%29.2%4.9%-2.4%621.5K9.4M-208.9K0.1921.24N/AN/A4,77590636,51618,469
2018-02-14$30.27$30.0024.8%7.1%20.6%89.6%28.2%4.5%-3.5%448.4K14.6M-201.0K0.2619.09N/AN/A4,6831,19536,55818,508
2018-02-15$31.08$30.0020.4%5.9%22.9%65.9%22.0%4.6%-0.5%544.6K5.4M-214.2K0.2913.30N/AN/A5,5781,60136,60518,738
2018-02-16$31.48$30.0022.0%6.3%23.4%74.6%23.3%4.9%-2.8%1.0M-4.0M-224.6K0.2726.08N/AN/A5,1441,40036,81418,605
2018-02-20$30.84$30.0022.8%6.5%24.5%78.7%25.4%3.4%-3.0%752.1K7.5M-202.0K1.0017.69N/AN/A1,5621,55929,41916,147
2018-02-21$30.18$30.0023.0%6.6%25.2%79.8%24.3%3.4%-2.9%520.9K13.6M-194.2K0.4920.26N/AN/A1,91592929,85016,573
2018-02-22$29.46$30.0022.4%6.4%26.0%76.5%22.6%4.6%-3.1%266.7K23.1M-162.8K0.1940.69N/AN/A5,9081,14830,32116,692
2018-02-23$30.33$30.0019.7%5.6%28.4%61.7%24.8%4.9%-1.5%1.1M10.7M-199.1K0.5315.55N/AN/A2,1591,15034,71016,991
2018-02-26$29.78$30.0020.4%5.8%28.8%65.5%24.3%4.7%-0.1%875.5K17.4M-183.1K0.6813.55N/AN/A1,9571,33534,73417,038
2018-02-27$29.22$30.0022.2%6.4%29.1%75.4%24.2%2.9%-2.2%681.3K22.4M-173.4K0.5516.81N/AN/A2,5131,37135,01117,317
2018-02-28$28.67$30.0022.9%6.6%29.6%79.4%23.1%4.5%-1.6%429.2K26.7M-159.1K0.1616.43N/AN/A5,58288635,44417,569