PPL Options History — November 2018

In November 2018, PPL traded between $30.52 and $32.20. ATM implied volatility averaged 20.5%, placing in the 29.2% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded below realized volatility by 3.7% (HV 20d: 24.2%). Max pain ranged from $30.00 to $31.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.56.

Notable Days

  • 2018-11-19: Highest Volume — 9,132 contracts
  • 2018-11-12: Largest IV spike — 29.4% change
  • 2018-11-15: Highest IV Rank — 40.6%
  • 2018-11-15: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.11$30.52$32.20$30.64$30.56
Max Pain$30.90$30.00$31.00$30.00$31.00
ATM IV20.5%16.9%23.1%19.8%21.1%
Expected Move5.8%5.1%6.6%5.7%6.1%
HV 20d24.2%20.2%29.1%21.1%25.9%
HV 60d21.7%19.7%23.8%19.8%23.3%
IV Rank29.2%13.2%40.6%25.9%32.0%
IV Percentile66.7%19.4%90.5%60.7%74.6%
Term Structure-1.1%-2.2%0.0%-0.5%-0.1%
VWIV20.8%18.0%24.1%20.1%20.0%
Skew 25d4.1%2.4%6.3%3.8%4.3%
Skew 10d9.4%5.8%15.1%10.2%8.3%
Call IV 25d18.5%16.0%22.0%19.0%19.2%
Put IV 25d22.6%20.3%25.1%22.8%23.5%
Bid-Ask Spread %18.9213.9240.9917.1913.92
Gamma HHI0.350.210.760.430.21
Net GEX6.8M3.3M20.7M7.1M3.4M
Net DEX-47.8M-108.2M-14.3M-39.8M-14.3M
Net VEX-340.4K-366.2K-323.1K-346.9K-323.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.560.472.561.690.55
Total Volume4,931.9053,1709,1324,4574,243
Total OI79,241.8168,36489,12280,15475,706

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$30.64$30.0019.8%5.7%21.1%25.9%20.1%3.8%-0.5%7.1M-39.8M-346.9K1.6917.19N/AN/A1,6542,80357,88022,274
2018-11-02$30.78$30.0019.9%5.7%20.9%26.3%21.6%3.1%0.0%7.4M-45.9M-354.9K2.5227.71N/AN/A1,1272,83658,61622,300
2018-11-05$30.95$31.0019.8%5.7%20.9%25.9%20.1%4.3%-1.6%8.2M-51.5M-346.1K1.9419.54N/AN/A1,4792,87458,73022,489
2018-11-06$30.88$31.0019.4%5.4%20.8%24.3%20.2%3.9%-1.0%8.6M-50.5M-345.5K2.3315.73N/AN/A1,1722,73358,87522,643
2018-11-07$31.37$31.0018.5%5.3%21.4%20.3%20.4%5.2%-0.7%9.6M-67.6M-340.6K1.9917.39N/AN/A1,3502,68958,92622,722
2018-11-08$31.39$31.0019.1%5.3%20.2%23.1%18.1%3.7%-1.3%9.4M-71.8M-327.4K1.8018.50N/AN/A1,5312,76059,18622,801
2018-11-09$31.78$31.0016.9%5.1%20.5%13.2%18.1%4.3%-0.8%8.2M-88.2M-337.5K1.1417.27N/AN/A2,6082,97359,48222,964
2018-11-12$31.64$31.0021.9%5.6%20.6%35.4%20.1%4.2%-1.1%8.7M-84.5M-335.6K1.3017.70N/AN/A2,2082,87860,19123,312
2018-11-13$31.95$31.0018.9%5.2%20.4%22.1%18.0%3.8%-0.4%8.3M-96.7M-327.6K0.5918.33N/AN/A4,6562,73260,32423,559
2018-11-14$32.20$31.0019.7%5.6%20.6%25.6%20.7%4.3%-2.0%5.5M-108.2M-331.3K1.1215.48N/AN/A1,8872,11561,99123,822
2018-11-15$30.52$31.0023.1%6.6%28.5%40.6%24.1%2.4%-1.6%9.1M-26.9M-323.1K2.5640.99N/AN/A1,9454,98062,02024,187
2018-11-16$30.85$31.0020.6%5.9%28.5%29.7%20.9%3.5%-0.5%20.7M-42.6M-346.3K1.7320.54N/AN/A2,1883,78862,29126,831
2018-11-19$31.37$31.0021.8%6.3%28.1%34.9%21.1%5.1%-2.2%3.5M-32.0M-342.8K0.4716.69N/AN/A6,2242,90844,84223,522
2018-11-20$31.54$31.0020.6%5.9%28.2%29.6%21.7%4.7%-0.9%4.1M-40.5M-366.2K1.7016.98N/AN/A1,7232,92849,78523,638
2018-11-21$30.60$31.0022.3%6.4%29.1%37.2%21.7%2.6%-2.0%3.3M-20.0M-344.7K1.7114.56N/AN/A1,6512,82150,10723,770
2018-11-23$30.84$31.0021.9%6.3%27.7%35.3%23.1%4.9%-1.4%3.6M-24.6M-349.7K1.7319.34N/AN/A1,6432,83850,44123,850
2018-11-26$30.84$31.0022.0%6.3%26.7%35.7%23.3%4.9%-1.6%3.6M-22.9M-342.2K1.9816.22N/AN/A1,4632,89450,51923,979
2018-11-27$31.09$31.0021.7%6.2%25.8%34.4%21.6%6.3%-2.1%4.0M-33.9M-356.2K1.4416.60N/AN/A1,9112,74450,75824,045
2018-11-28$30.86$31.0021.3%6.1%26.0%32.7%20.7%3.2%-1.3%3.7M-22.4M-332.4K1.6217.76N/AN/A1,6952,74851,19524,053
2018-11-29$30.69$31.0020.6%5.9%26.0%29.7%21.0%4.2%-0.5%3.6M-18.9M-328.6K0.8518.97N/AN/A1,7151,45551,40124,051
2018-11-30$30.56$31.0021.1%6.1%25.9%32.0%20.0%4.3%-0.1%3.4M-14.3M-323.4K0.5513.92N/AN/A2,7401,50351,59924,107