PPL Options History — June 2018

In June 2018, PPL traded between $25.62 and $28.82. ATM implied volatility averaged 18.6%, placing in the 36.4% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded below realized volatility by 3.5% (HV 20d: 22.1%). Max pain ranged from $27.00 to $28.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.43.

Notable Days

  • 2018-06-19: Highest Volume — 8,189 contracts
  • 2018-06-13: Largest IV drop — 21.2% change
  • 2018-06-12: Highest IV Rank — 53.4%
  • 2018-06-06: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.22$25.62$28.82$26.99$28.63
Max Pain$27.19$27.00$28.00$27.00$27.00
ATM IV18.6%17.0%23.4%18.3%17.0%
Expected Move5.1%4.8%5.4%5.2%4.9%
HV 20d22.1%18.9%24.9%20.1%23.5%
HV 60d19.6%17.7%20.4%17.7%20.3%
IV Rank36.4%30.4%53.4%35.1%30.4%
IV Percentile63.2%48.4%93.3%64.3%48.4%
Term Structure0.2%-1.1%1.3%-0.2%1.3%
VWIV17.7%14.4%19.1%18.1%17.9%
Skew 25d2.4%1.3%4.3%1.4%2.0%
Skew 10d5.5%-5.8%12.6%-5.8%5.6%
Call IV 25d17.0%14.5%18.2%17.7%16.6%
Put IV 25d19.4%18.6%20.9%19.1%18.6%
Bid-Ask Spread %11.876.1522.359.516.73
Gamma HHI0.430.330.570.530.40
Net GEX3.0M541.9K5.3M1.8M5.3M
Net DEX-7.3M-50.2M29.2M16.1M-46.2M
Net VEX-231.9K-299.1K-146.9K-194.1K-291.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.160.740.340.30
Total Volume4,317.0952,5538,1893,1842,834
Total OI69,124.04861,96475,38263,31575,382

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-06-01$26.99$27.0018.3%5.2%20.1%35.1%18.1%1.4%-0.2%1.8M16.1M-194.1K0.349.51N/AN/A2,37381144,10219,213
2018-06-04$27.06$28.0019.7%5.0%19.2%40.3%17.4%2.5%-0.3%2.0M14.7M-192.9K0.4211.45N/AN/A2,02886144,42719,308
2018-06-05$26.93$28.0018.7%4.8%18.9%36.8%16.8%3.0%0.1%1.8M17.0M-188.5K0.6821.57N/AN/A1,5191,03444,68719,427
2018-06-06$25.74$28.0021.1%5.4%21.1%45.1%19.1%2.6%-0.9%541.9K29.2M-146.9K0.6312.71N/AN/A3,5492,22845,05119,593
2018-06-07$25.62$28.0020.0%5.4%20.4%41.3%18.9%2.4%-0.3%726.2K26.7M-159.0K0.238.60N/AN/A6,0951,37746,32320,464
2018-06-08$25.78$27.0017.7%5.3%20.3%33.2%18.5%2.3%-1.1%799.7K21.9M-177.3K0.507.94N/AN/A2,1351,05748,41819,696
2018-06-11$25.75$27.0020.9%5.2%20.3%44.7%18.5%2.5%-0.4%1.0M19.4M-180.0K0.676.95N/AN/A1,8701,25648,57919,682
2018-06-12$26.05$27.0023.4%5.3%20.9%53.4%18.3%1.3%-0.2%1.3M17.7M-180.5K0.4122.35N/AN/A2,7421,12748,91819,944
2018-06-13$26.23$27.0018.4%5.3%20.6%35.7%17.0%2.6%-0.1%1.5M14.4M-192.3K0.4915.07N/AN/A2,2691,11149,44419,751
2018-06-14$27.01$27.0017.7%5.1%23.3%33.1%17.4%2.5%-0.6%3.8M-2.1M-227.5K0.2516.93N/AN/A5,0231,26050,01919,411
2018-06-15$27.07$27.0017.5%5.0%22.9%32.3%17.3%2.1%0.1%2.5M-7.3M-233.7K0.3910.76N/AN/A2,5841,00450,99519,513
2018-06-18$27.31$27.0018.5%5.3%23.1%35.9%17.6%3.5%-0.3%2.9M-6.4M-234.2K0.2216.01N/AN/A6,0441,35343,69218,272
2018-06-19$27.18$27.0017.9%5.1%23.1%33.8%17.6%1.7%1.0%3.2M-6.2M-246.9K0.186.49N/AN/A6,9241,26547,64618,632
2018-06-20$27.31$27.0018.1%5.2%22.6%34.7%18.2%2.0%0.6%3.9M-12.4M-270.4K0.167.86N/AN/A6,3251,03852,22918,877
2018-06-21$27.72$27.0017.2%4.9%23.2%31.4%17.8%2.7%1.0%4.5M-20.0M-277.8K0.5013.88N/AN/A1,87893952,27619,081
2018-06-22$28.28$27.0017.5%5.0%24.2%32.4%17.1%4.3%1.2%4.9M-36.1M-294.1K0.398.90N/AN/A2,6301,03452,68919,294
2018-06-25$28.82$27.0018.1%5.2%24.9%34.4%18.5%2.4%0.4%4.8M-50.2M-295.1K0.5216.51N/AN/A2,7921,46353,38019,371
2018-06-26$28.67$27.0018.2%5.2%24.1%34.9%14.4%1.6%1.0%5.0M-48.5M-299.1K0.5713.19N/AN/A1,8821,06653,96519,924
2018-06-27$28.76$27.0017.9%5.1%23.9%33.7%18.3%2.9%0.6%5.1M-48.5M-293.8K0.499.60N/AN/A1,95196454,74220,062
2018-06-28$28.64$27.0017.4%5.0%23.9%32.0%17.4%1.8%1.2%5.3M-45.7M-294.1K0.746.15N/AN/A1,7031,26154,92620,200
2018-06-29$28.63$27.0017.0%4.9%23.5%30.4%17.9%2.0%1.3%5.3M-46.2M-291.9K0.306.73N/AN/A2,17366154,90820,474