PPL Options History — October 2018

In October 2018, PPL traded between $29.38 and $31.28. ATM implied volatility averaged 19.8%, placing in the 28.3% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 0.2% (HV 20d: 20.0%). Max pain ranged from $29.00 to $30.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 1.10.

Notable Days

2018-10-19: Highest Volume — 15,329 contracts
2018-10-16: Largest IV drop — 11.6% change
2018-10-31: Highest IV Rank — 43.4%
2018-10-31: Largest Expected Move — 6.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$30.41	$29.38	$31.28	$29.38	$30.48
Max Pain	$29.96	$29.00	$30.00	$30.00	$30.00
ATM IV	19.8%	16.2%	23.7%	16.9%	23.7%
Expected Move	5.7%	4.6%	6.8%	4.9%	6.8%
HV 20d	20.0%	16.9%	24.4%	24.2%	21.9%
HV 60d	18.2%	17.2%	20.2%	20.2%	20.0%
IV Rank	28.3%	17.5%	43.4%	20.6%	43.4%
IV Percentile	62.5%	21.0%	92.5%	29.8%	92.5%
Term Structure	-1.2%	-2.3%	2.0%	0.7%	-1.4%
VWIV	20.1%	16.0%	25.5%	16.0%	25.5%
Skew 25d	3.2%	0.9%	4.5%	3.9%	4.4%
Skew 10d	7.6%	-0.1%	13.6%	8.2%	11.8%
Call IV 25d	18.7%	13.9%	23.2%	13.9%	21.5%
Put IV 25d	21.8%	17.2%	26.0%	17.8%	26.0%
Bid-Ask Spread %	15.27	8.75	23.57	8.75	18.05
Gamma HHI	0.43	0.29	0.70	0.36	0.40
Net GEX	6.4M	3.9M	10.3M	4.1M	6.4M
Net DEX	-38.5M	-71.5M	-8.1M	-8.1M	-37.7M
Net VEX	-318.5K	-356.1K	-275.4K	-275.4K	-350.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.10	0.16	3.80	0.41	3.07
Total Volume	4,970.87	2,712	15,329	2,785	4,477
Total OI	73,372.522	64,238	79,674	69,329	79,674

Daily Data (23 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
2018-10-01	$29.38	$30.00	16.9%	4.9%	24.2%	20.6%	16.0%	3.9%	0.7%	4.1M	-8.1M	-275.4K	0.41	8.75	N/A	N/A	1,971	814	47,568	21,761
2018-10-02	$29.76	$30.00	16.2%	4.6%	24.4%	17.5%	16.5%	0.9%	2.0%	5.0M	-20.3M	-297.0K	0.30	12.35	N/A	N/A	2,932	868	47,936	21,863
2018-10-03	$29.48	$30.00	18.0%	5.2%	23.4%	24.9%	18.2%	2.3%	0.8%	4.4M	-12.1M	-288.8K	0.39	8.77	N/A	N/A	2,334	903	48,609	21,961
2018-10-04	$30.02	$29.00	17.4%	5.4%	23.7%	22.7%	19.0%	2.9%	-1.9%	5.5M	-26.9M	-311.5K	0.50	23.57	N/A	N/A	2,235	1,125	48,943	22,118
2018-10-05	$30.31	$30.00	17.6%	5.4%	18.4%	22.4%	19.0%	2.1%	-1.7%	6.2M	-37.1M	-319.8K	0.34	13.01	N/A	N/A	2,449	821	49,154	22,312
2018-10-08	$30.50	$30.00	18.1%	5.5%	18.0%	24.5%	19.3%	2.8%	-1.6%	6.6M	-44.2M	-315.9K	0.44	12.75	N/A	N/A	2,282	1,007	49,402	22,349
2018-10-09	$30.37	$30.00	19.1%	5.5%	18.0%	28.6%	19.6%	2.6%	-1.8%	6.4M	-38.7M	-313.5K	0.36	12.99	N/A	N/A	2,144	779	49,475	22,476
2018-10-10	$30.62	$30.00	19.1%	5.5%	18.3%	28.7%	19.9%	2.4%	-1.8%	6.6M	-47.0M	-314.7K	0.52	15.29	N/A	N/A	2,723	1,411	49,561	22,553
2018-10-11	$30.10	$30.00	20.7%	5.9%	19.3%	30.2%	21.4%	2.9%	-1.9%	5.9M	-29.9M	-304.8K	0.45	19.21	N/A	N/A	2,045	910	49,769	23,114
2018-10-12	$30.24	$30.00	20.1%	5.8%	19.3%	27.5%	20.4%	3.4%	-2.1%	6.4M	-33.9M	-300.8K	0.47	14.83	N/A	N/A	2,004	945	49,752	23,150
2018-10-15	$30.49	$30.00	20.8%	6.0%	19.2%	30.3%	20.5%	3.9%	-2.0%	7.2M	-41.7M	-294.6K	0.44	12.19	N/A	N/A	1,880	832	49,881	23,216
2018-10-16	$30.85	$30.00	18.4%	5.3%	19.2%	19.6%	19.0%	2.3%	-1.0%	8.3M	-54.8M	-298.0K	0.46	13.32	N/A	N/A	4,405	2,048	50,014	23,192
2018-10-17	$30.86	$30.00	19.0%	5.4%	17.8%	22.4%	19.2%	3.7%	-2.0%	8.8M	-58.4M	-314.0K	0.99	10.77	N/A	N/A	2,151	2,130	51,532	23,894
2018-10-18	$30.85	$30.00	20.1%	5.7%	17.7%	27.2%	19.4%	4.0%	-2.3%	10.1M	-55.7M	-315.5K	0.75	15.37	N/A	N/A	2,903	2,191	51,716	23,904
2018-10-19	$31.18	$30.00	19.4%	5.6%	17.9%	24.2%	18.7%	2.9%	-1.8%	10.3M	-71.5M	-313.7K	0.16	18.75	N/A	N/A	13,209	2,120	52,739	24,023
2018-10-22	$30.54	$30.00	19.1%	5.5%	18.3%	23.1%	19.1%	3.3%	-0.2%	3.9M	-29.3M	-319.6K	0.26	12.24	N/A	N/A	8,914	2,299	45,155	19,083
2018-10-23	$30.58	$30.00	20.4%	5.9%	16.9%	28.8%	21.1%	3.9%	-0.9%	5.7M	-38.7M	-344.6K	3.08	13.23	N/A	N/A	1,117	3,443	52,997	19,419
2018-10-24	$31.28	$30.00	21.2%	6.1%	17.8%	32.1%	21.5%	4.3%	-1.2%	5.8M	-59.8M	-346.9K	1.18	19.49	N/A	N/A	3,107	3,658	53,616	20,490
2018-10-25	$30.46	$30.00	22.9%	6.6%	21.0%	40.0%	22.0%	3.1%	-1.2%	5.7M	-37.6M	-356.1K	2.63	18.31	N/A	N/A	1,357	3,567	55,691	21,167
2018-10-26	$29.89	$30.00	23.0%	6.6%	21.4%	40.4%	23.1%	2.0%	-1.2%	4.7M	-21.2M	-335.4K	3.04	23.12	N/A	N/A	1,178	3,587	55,859	21,234
2018-10-29	$30.53	$30.00	22.5%	6.4%	22.5%	37.9%	22.5%	4.3%	-1.5%	6.0M	-38.8M	-343.4K	3.80	20.92	N/A	N/A	1,017	3,869	56,062	21,336
2018-10-30	$30.65	$30.00	21.5%	6.2%	22.1%	33.7%	21.7%	4.5%	-1.3%	6.3M	-41.1M	-349.9K	1.31	13.83	N/A	N/A	2,676	3,493	56,166	21,682
2018-10-31	$30.48	$30.00	23.7%	6.8%	21.9%	43.4%	25.5%	4.4%	-1.4%	6.4M	-37.7M	-350.7K	3.07	18.05	N/A	N/A	1,099	3,378	57,859	21,815