PPL Options History — June 2019

In June 2019, PPL traded between $30.09 and $31.68. ATM implied volatility averaged 16.9%, placing in the 31.0% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded below realized volatility by 4.0% (HV 20d: 20.8%). Max pain ranged from $30.00 to $31.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.53.

Notable Days

  • 2019-06-24: Highest Volume — 5,900 contracts
  • 2019-06-07: Largest IV spike — 20.6% change
  • 2019-06-11: Highest IV Rank — 47.8%
  • 2019-06-11: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.11$30.09$31.68$30.09$30.95
Max Pain$30.80$30.00$31.00$30.00$31.00
ATM IV16.9%14.8%19.9%17.8%16.3%
Expected Move4.8%4.3%5.2%5.1%4.7%
HV 20d20.8%18.5%23.2%20.2%18.7%
HV 60d17.6%16.1%18.4%16.1%17.7%
IV Rank31.0%19.6%47.8%36.1%27.9%
IV Percentile27.6%4.4%75.0%40.9%19.0%
Term Structure0.7%-0.3%1.5%-0.3%1.5%
VWIV17.4%15.4%23.6%17.7%17.3%
Skew 25d3.4%1.7%8.0%4.0%2.4%
Skew 10d7.4%1.6%13.9%6.4%9.0%
Call IV 25d15.3%12.1%17.0%17.0%16.0%
Put IV 25d18.7%17.1%21.0%21.0%18.4%
Bid-Ask Spread %12.879.1218.1215.7610.56
Gamma HHI0.250.180.400.190.24
Net GEX5.4M1.1M9.9M1.1M5.5M
Net DEX-26.8M-44.2M10.7M10.7M-24.9M
Net VEX-431.8K-469.3K-382.4K-382.4K-422.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.022.190.150.36
Total Volume1,854.65635,9001,172772
Total OI91,72680,80595,60292,92888,198

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$30.09$30.0017.8%5.1%20.2%36.1%17.7%4.0%-0.3%1.1M10.7M-382.4K0.1515.76N/AN/A1,01615659,91833,010
2019-06-04$30.51$30.0016.6%4.7%20.9%29.4%18.9%5.3%0.8%2.4M-3.0M-408.4K0.1512.22N/AN/A2,42935960,84833,042
2019-06-05$31.13$30.0017.5%5.0%22.1%34.3%23.6%8.0%0.2%4.7M-22.6M-449.2K0.199.30N/AN/A4,03378661,06532,952
2019-06-06$31.59$30.0014.8%4.5%22.0%19.6%20.9%4.2%1.3%6.6M-39.7M-469.3K0.0815.70N/AN/A4,81536862,73432,868
2019-06-07$31.12$31.0017.8%4.9%22.7%36.3%17.5%2.7%0.1%5.4M-31.0M-454.6K0.2011.95N/AN/A1,90737358,95332,902
2019-06-10$30.65$31.0017.7%4.8%22.2%35.4%17.4%2.5%0.3%3.4M-15.2M-431.8K2.1910.69N/AN/A24453558,99932,903
2019-06-11$30.45$31.0019.9%5.2%21.8%47.8%17.5%3.1%-0.2%2.6M-9.0M-419.7K1.1412.09N/AN/A41447459,10733,133
2019-06-12$31.12$31.0016.9%4.8%23.2%31.1%16.8%3.1%0.8%5.6M-28.9M-444.3K0.2715.53N/AN/A93225159,26033,245
2019-06-13$31.03$31.0016.6%4.8%22.8%29.7%16.4%2.6%0.8%5.1M-25.9M-438.6K0.639.12N/AN/A48230359,89833,297
2019-06-14$31.45$31.0017.3%5.0%20.0%33.2%16.7%3.1%0.2%7.6M-39.1M-447.2K0.6116.89N/AN/A64439160,01433,389
2019-06-17$30.98$31.0017.0%4.9%20.9%31.7%17.3%2.8%0.2%4.9M-24.8M-426.2K0.3010.78N/AN/A81624360,30333,200
2019-06-18$30.96$31.0016.6%4.8%20.8%29.6%16.8%2.8%0.9%4.5M-21.4M-413.0K0.9414.86N/AN/A31029260,59933,334
2019-06-19$31.49$31.0016.7%4.8%20.7%30.2%15.7%3.5%1.0%6.9M-37.8M-429.0K0.5018.12N/AN/A77839160,64633,406
2019-06-20$31.55$31.0015.0%4.3%20.6%20.7%15.4%3.4%1.5%7.6M-40.1M-430.7K1.0816.30N/AN/A27129261,08033,442
2019-06-21$31.68$31.0016.0%4.6%20.4%26.2%16.0%3.5%0.2%9.9M-44.2M-434.5K1.1713.83N/AN/A9401,10461,38734,187
2019-06-24$31.62$31.0016.0%4.6%19.8%26.1%16.7%3.5%1.0%5.8M-38.6M-424.9K0.0210.82N/AN/A5,76913154,67126,134
2019-06-25$31.43$31.0017.6%5.0%19.7%35.1%16.3%2.9%0.6%6.4M-38.9M-443.5K0.0512.31N/AN/A2,23312160,06026,235
2019-06-26$31.21$31.0016.5%4.7%18.7%29.1%16.1%3.3%0.9%6.0M-32.0M-437.3K0.2610.18N/AN/A66817661,68526,303
2019-06-27$31.14$31.0016.6%4.8%18.5%29.6%17.3%1.7%1.3%5.9M-29.3M-430.2K0.3110.27N/AN/A66520861,71526,398
2019-06-28$30.95$31.0016.3%4.7%18.7%27.9%17.3%2.4%1.5%5.5M-24.9M-422.0K0.3610.56N/AN/A56720561,79926,399