PPL Options History — May 2019

In May 2019, PPL traded between $29.66 and $31.30. ATM implied volatility averaged 18.0%, placing in the 37.1% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 0.3% (HV 20d: 17.6%). Max pain ranged from $30.00 to $31.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.28.

Notable Days

  • 2019-05-16: Highest Volume — 7,370 contracts
  • 2019-05-13: Largest IV spike — 33.8% change
  • 2019-05-13: Highest IV Rank — 60.8%
  • 2019-05-09: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.48$29.66$31.30$31.13$29.84
Max Pain$30.59$30.00$31.00$31.00$30.00
ATM IV18.0%15.6%22.3%17.9%18.3%
Expected Move5.0%4.5%5.5%5.1%5.3%
HV 20d17.6%12.3%21.8%12.3%20.9%
HV 60d14.4%12.5%16.1%12.5%16.1%
IV Rank37.1%23.9%60.8%36.8%39.0%
IV Percentile41.1%8.3%90.1%38.1%50.8%
Term Structure-0.6%-2.2%1.2%-1.9%0.2%
VWIV17.6%14.5%19.4%17.1%18.6%
Skew 25d4.3%1.9%7.3%1.9%4.0%
Skew 10d8.1%-5.0%15.6%5.4%3.4%
Call IV 25d15.5%11.1%16.9%16.4%16.9%
Put IV 25d19.8%18.2%21.3%18.3%20.9%
Bid-Ask Spread %14.548.4124.1920.069.27
Gamma HHI0.260.160.420.420.19
Net GEX2.9M830.6K5.5M5.5M830.6K
Net DEX-1.4M-27.3M32.6M-27.3M13.2M
Net VEX-437.0K-519.3K-373.6K-519.3K-381.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.280.1410.230.470.98
Total Volume1,811.5912387,3701,0411,307
Total OI95,535.77382,858104,71297,82692,396

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$31.13$31.0017.9%5.1%12.3%36.8%17.1%1.9%-1.9%5.5M-27.3M-519.3K0.4720.06N/AN/A70633564,72433,102
2019-05-02$30.72$31.0016.0%4.6%12.6%26.2%16.2%2.2%0.2%3.9M-6.8M-477.5K1.2412.06N/AN/A34042064,98433,155
2019-05-03$31.20$31.0016.1%4.6%13.9%27.0%16.1%4.2%-0.3%5.5M-23.2M-498.7K0.9513.94N/AN/A52449864,90833,227
2019-05-06$31.05$31.0017.3%4.8%13.3%33.1%17.8%4.2%-0.7%4.8M-16.7M-486.6K1.5214.45N/AN/A27541965,05133,290
2019-05-07$30.86$31.0018.1%5.0%13.4%38.0%17.7%4.5%-1.5%3.9M-9.1M-478.7K1.9111.14N/AN/A5281,01065,11033,651
2019-05-08$30.43$31.0019.6%5.4%14.0%46.2%17.7%4.6%-2.2%2.3M8.7M-444.5K1.4417.96N/AN/A55880565,34534,490
2019-05-09$30.29$31.0020.4%5.5%14.0%50.2%18.9%4.8%-0.9%1.8M15.0M-428.4K1.7215.11N/AN/A54293165,14934,054
2019-05-10$30.91$31.0016.7%4.7%16.0%29.9%18.9%4.1%0.1%3.1M-8.4M-463.5K0.6420.24N/AN/A27517565,26034,045
2019-05-13$31.30$31.0022.3%5.2%16.8%60.8%18.1%6.9%-1.4%5.3M-26.8M-478.3K0.2615.25N/AN/A1,55339665,26034,045
2019-05-14$31.14$31.0021.5%5.1%16.8%56.3%18.9%3.5%-1.2%4.3M-25.5M-473.0K0.3724.19N/AN/A99437066,18834,370
2019-05-15$30.78$31.0017.2%4.9%16.5%32.9%17.2%4.9%-1.0%1.0M1.6M-435.2K0.2217.77N/AN/A1,17926266,20434,383
2019-05-16$29.84$31.0017.1%4.9%19.6%32.5%17.2%3.6%-0.2%1.5M30.8M-379.0K0.1416.70N/AN/A6,44093065,96834,433
2019-05-17$29.78$31.0017.2%4.9%19.6%32.8%17.1%3.3%0.1%1.6M32.6M-376.3K0.1917.55N/AN/A4,15380969,88734,825
2019-05-20$29.66$30.0016.8%4.8%19.6%30.6%15.8%5.5%1.0%1.8M7.5M-373.6K0.6111.16N/AN/A1,13669456,94225,916
2019-05-21$30.20$30.0017.6%5.0%20.8%34.9%19.4%3.8%-0.4%3.1M-3.6M-408.5K10.2312.96N/AN/A5475,59557,69526,058
2019-05-22$30.05$30.0018.5%5.3%20.7%40.1%18.2%3.4%-1.6%1.6M6.4M-408.6K1.1713.28N/AN/A42849957,69031,257
2019-05-23$30.31$30.0018.5%5.3%21.0%40.2%17.4%5.3%-1.8%2.4M-1.1M-434.1K1.5314.07N/AN/A38859458,90932,348
2019-05-24$30.79$30.0015.6%4.5%21.8%23.9%14.5%7.3%1.2%3.6M-13.9M-450.4K0.8311.07N/AN/A70558659,09932,375
2019-05-28$30.51$30.0017.0%4.9%21.8%31.8%17.3%3.2%0.0%2.8M-4.9M-429.6K0.2012.82N/AN/A1993959,50232,367
2019-05-29$29.99$30.0018.5%5.3%21.2%40.0%19.0%5.2%-1.0%1.3M9.3M-398.7K0.798.41N/AN/A44234959,57132,367
2019-05-30$29.80$30.0017.3%5.0%21.2%33.3%17.8%4.1%0.8%944.2K12.0M-389.5K0.8310.49N/AN/A50341759,61232,575
2019-05-31$29.84$30.0018.3%5.3%20.9%39.0%18.6%4.0%0.2%830.6K13.2M-381.4K0.989.27N/AN/A66064759,68532,711