PPL Options History — April 2019

In April 2019, PPL traded between $30.52 and $32.07. ATM implied volatility averaged 17.0%, placing in the 31.7% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 3.8% (HV 20d: 13.2%). Max pain ranged from $31.00 to $32.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.74.

Notable Days

  • 2019-04-01: Highest Volume — 17,509 contracts
  • 2019-04-10: Largest IV spike — 10.3% change
  • 2019-04-18: Highest IV Rank — 40.3%
  • 2019-04-02: Largest Expected Move — 5.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.41$30.52$32.07$31.55$31.15
Max Pain$31.95$31.00$32.00$32.00$31.00
ATM IV17.0%14.2%18.6%17.0%18.4%
Expected Move5.0%4.7%5.3%5.3%5.3%
HV 20d13.2%9.6%14.7%14.2%12.5%
HV 60d12.9%11.8%14.5%14.5%12.5%
IV Rank31.7%16.2%40.3%31.8%39.3%
IV Percentile26.1%2.0%47.2%21.0%46.4%
Term Structure-0.6%-2.0%1.7%1.7%-1.9%
VWIV17.4%16.3%19.1%19.1%17.7%
Skew 25d3.1%0.8%4.2%2.2%4.2%
Skew 10d8.3%3.0%12.3%3.0%5.0%
Call IV 25d16.2%14.7%17.5%17.4%16.1%
Put IV 25d19.4%18.2%20.7%19.6%20.2%
Bid-Ask Spread %16.0710.1526.0919.3915.01
Gamma HHI0.320.210.640.250.42
Net GEX3.6M-10.4M6.8M5.8M5.3M
Net DEX-20.6M-44.1M9.9M-30.8M-24.2M
Net VEX-527.1K-583.4K-469.3K-513.4K-508.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.022.712.710.17
Total Volume3,273.90515917,50917,5091,897
Total OI101,057.8184,601107,85988,56596,181

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$31.55$32.0017.0%5.3%14.2%31.8%19.1%2.2%1.7%5.8M-30.8M-513.4K2.7119.39N/AN/A4,72512,78457,61730,948
2019-04-02$31.70$32.0016.9%5.3%14.2%30.9%18.8%2.5%1.7%4.7M-30.9M-578.7K1.4018.20N/AN/A52974361,78842,941
2019-04-03$31.95$32.0015.9%4.8%14.5%25.6%16.8%3.2%-0.2%5.7M-41.0M-583.4K1.4217.17N/AN/A8221,17062,20643,772
2019-04-04$31.73$32.0015.5%5.0%14.3%23.7%17.3%3.8%-0.7%5.1M-31.2M-574.9K0.5717.13N/AN/A88350662,29643,787
2019-04-05$32.07$32.0014.4%4.7%14.7%17.3%16.3%4.1%0.1%6.6M-44.1M-576.9K2.0213.81N/AN/A6981,41362,67544,699
2019-04-08$31.95$32.0014.2%4.9%13.9%16.2%17.1%3.8%-1.0%6.2M-36.4M-563.1K0.2315.83N/AN/A2154962,74644,779
2019-04-09$31.93$32.0015.5%4.9%13.7%23.7%17.0%2.8%-0.4%6.1M-36.0M-562.1K0.5618.17N/AN/A31317562,76144,808
2019-04-10$31.76$32.0017.1%4.9%13.8%32.4%16.6%3.2%-0.8%5.6M-29.2M-549.1K0.3812.46N/AN/A61423562,80644,954
2019-04-11$31.91$32.0016.5%4.7%13.9%29.2%17.0%3.8%0.2%6.2M-33.7M-555.1K1.2815.46N/AN/A25232262,85444,615
2019-04-12$31.84$32.0016.4%4.7%13.7%28.4%16.8%2.6%-0.6%6.8M-32.5M-544.4K1.1217.86N/AN/A40845562,93844,654
2019-04-15$31.76$32.0016.4%4.7%13.7%28.5%16.4%3.1%-0.4%6.8M-27.2M-519.2K1.0916.22N/AN/A768362,93744,879
2019-04-16$31.30$32.0017.8%5.1%12.9%36.0%17.3%3.7%-0.7%956.8K-6.8M-510.1K0.6716.17N/AN/A1,05470462,95444,905
2019-04-17$31.07$32.0018.2%5.2%12.9%38.3%17.0%0.8%-1.2%-3.9M6.2M-493.0K1.0412.96N/AN/A35837263,03444,799
2019-04-18$30.99$32.0018.6%5.3%12.7%40.3%17.4%4.0%-2.0%-10.4M9.9M-485.6K0.0726.09N/AN/A6,41946163,04344,803
2019-04-22$30.80$32.0018.4%5.3%12.8%39.6%18.1%3.4%-1.2%2.2M-2.1M-476.6K0.0217.05N/AN/A9,58923652,06732,534
2019-04-23$30.87$32.0017.7%5.1%12.7%35.5%19.0%3.4%-0.6%3.4M-8.8M-496.7K0.1416.00N/AN/A3,13145457,70632,402
2019-04-24$31.01$32.0018.1%5.2%12.9%37.8%17.8%3.1%-1.4%3.7M-13.0M-499.8K0.0713.53N/AN/A5,12333358,46532,635
2019-04-25$30.93$32.0017.7%5.1%12.9%35.4%17.4%3.1%-1.2%3.7M-13.4M-509.4K0.0515.34N/AN/A5,59427559,52732,652
2019-04-26$30.81$32.0018.0%5.2%9.6%37.2%17.7%2.4%-1.4%3.5M-9.1M-499.6K0.4310.15N/AN/A70030160,16032,687
2019-04-29$30.52$32.0018.1%5.2%9.8%37.7%17.6%2.5%-1.2%2.7M1.3M-469.3K0.0613.37N/AN/A4,03125060,48132,719
2019-04-30$31.15$31.0018.4%5.3%12.5%39.3%17.7%4.2%-1.9%5.3M-24.2M-508.5K0.1715.01N/AN/A1,62527263,30832,873