PPL Options History — February 2019

In February 2019, PPL traded between $30.48 and $32.09. ATM implied volatility averaged 17.0%, placing in the 12.9% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 3.2% (HV 20d: 13.8%). Max pain ranged from $30.00 to $31.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.56.

Notable Days

  • 2019-02-05: Highest Volume — 10,035 contracts
  • 2019-02-25: Largest IV spike — 40.1% change
  • 2019-02-04: Highest IV Rank — 24.3%
  • 2019-02-01: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.20$30.48$32.09$31.12$32.09
Max Pain$30.68$30.00$31.00$30.00$31.00
ATM IV17.0%11.2%20.3%18.9%15.7%
Expected Move4.8%3.2%5.4%5.4%4.5%
HV 20d13.8%11.6%16.9%16.9%11.6%
HV 60d23.6%22.0%25.7%25.7%22.0%
IV Rank12.9%0.0%24.3%17.6%18.0%
IV Percentile16.8%0.0%57.1%32.5%3.2%
Term Structure-0.7%-1.7%0.6%-0.9%-0.4%
VWIV16.9%14.9%18.8%18.3%16.2%
Skew 25d4.5%2.7%7.3%4.6%7.3%
Skew 10d7.7%1.9%13.4%7.0%6.0%
Call IV 25d14.2%10.3%17.1%15.8%10.3%
Put IV 25d18.6%16.6%21.0%20.4%17.5%
Bid-Ask Spread %14.5710.6218.9418.4911.27
Gamma HHI0.410.300.530.490.30
Net GEX7.8M3.9M9.6M7.0M8.4M
Net DEX-62.2M-90.7M-24.1M-65.0M-90.7M
Net VEX-445.9K-501.4K-404.5K-404.5K-501.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.091.440.941.11
Total Volume3,003.26338610,0353,1003,564
Total OI84,307.73771,50690,58075,70090,580

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$31.12$30.0018.9%5.4%16.9%17.6%18.3%4.6%-0.9%7.0M-65.0M-404.5K0.9418.49N/AN/A1,5951,50551,53424,166
2019-02-04$30.97$30.0020.3%5.3%15.7%24.3%18.6%4.7%-0.4%7.1M-59.6M-413.6K0.1016.17N/AN/A1,81818252,48725,030
2019-02-05$31.03$31.0019.3%5.3%15.6%19.3%16.7%4.0%-1.7%7.5M-66.2M-428.5K0.1414.74N/AN/A8,7901,24554,56425,146
2019-02-06$30.82$31.0018.3%5.2%15.9%14.6%18.2%2.7%-0.8%8.2M-57.8M-462.4K0.4616.20N/AN/A26512159,23726,157
2019-02-07$31.03$31.0018.6%5.3%15.9%15.9%18.8%3.9%-1.6%8.2M-61.2M-458.2K1.4217.89N/AN/A27739359,25826,235
2019-02-08$31.29$31.0018.6%5.3%15.9%16.0%18.6%4.2%-1.4%8.3M-72.5M-453.1K1.4416.64N/AN/A32646959,34426,402
2019-02-11$31.07$31.0018.7%5.4%16.3%16.3%18.8%3.7%-1.7%8.9M-68.6M-411.0K0.1413.69N/AN/A2,81939059,54826,496
2019-02-12$31.02$31.0018.2%5.2%13.5%14.2%17.4%4.6%-1.6%9.0M-64.1M-447.5K0.1113.52N/AN/A1,98221259,86126,654
2019-02-13$30.88$31.0017.5%5.0%13.0%11.1%17.4%4.0%-0.8%9.6M-55.4M-437.8K0.1818.94N/AN/A1,46727160,34926,765
2019-02-14$30.61$31.0015.5%4.4%13.1%1.5%15.7%3.5%0.0%8.6M-39.5M-421.9K0.1112.27N/AN/A2,17424760,69526,891
2019-02-15$30.48$31.0017.6%5.0%13.0%11.2%15.7%5.4%-0.8%3.9M-32.4M-408.6K0.4118.10N/AN/A2,5061,03860,65826,878
2019-02-19$30.62$31.0015.7%4.5%13.0%2.5%14.9%5.5%0.2%4.2M-24.1M-407.7K0.0910.62N/AN/A6,64756946,99324,513
2019-02-20$31.20$30.0016.0%4.6%13.9%3.8%16.1%4.8%-0.5%7.4M-52.9M-472.3K0.8410.78N/AN/A1,4471,22056,89224,930
2019-02-21$31.43$30.0016.4%4.7%12.1%5.6%16.7%4.1%-1.0%7.8M-61.7M-445.3K0.4312.91N/AN/A1,81478657,75525,721
2019-02-22$31.59$30.0011.2%3.2%11.8%0.0%15.9%4.8%0.6%8.0M-70.1M-442.3K0.2015.72N/AN/A4,19082757,91225,764
2019-02-25$31.66$30.0015.7%4.5%11.8%17.8%15.9%3.9%-0.0%8.7M-73.7M-465.2K0.8013.87N/AN/A91172561,39525,835
2019-02-26$31.94$31.0015.6%4.5%11.9%17.5%15.7%5.0%-0.7%8.4M-83.8M-493.1K0.5612.11N/AN/A1,46481662,12126,794
2019-02-27$31.98$31.0015.8%4.5%11.9%18.2%16.2%4.4%-0.6%8.5M-82.4M-498.1K1.1212.95N/AN/A9371,05362,89827,389
2019-02-28$32.09$31.0015.7%4.5%11.6%18.0%16.2%7.3%-0.4%8.4M-90.7M-501.4K1.1111.27N/AN/A1,6891,87563,09827,482