PPL Options History — July 2019

In July 2019, PPL traded between $29.65 and $31.13. ATM implied volatility averaged 17.3%, placing in the 33.1% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 3.2% (HV 20d: 14.0%). Max pain ranged from $31.00 to $31.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.95.

Notable Days

  • 2019-07-31: Highest Volume — 11,883 contracts
  • 2019-07-19: Largest IV spike — 11.9% change
  • 2019-07-11: Highest IV Rank — 40.2%
  • 2019-07-11: Largest Expected Move — 5.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.41$29.65$31.13$30.54$29.74
Max Pain$31.00$31.00$31.00$31.00$31.00
ATM IV17.3%15.3%18.6%15.7%18.1%
Expected Move5.0%4.4%5.3%4.5%5.2%
HV 20d14.0%11.4%19.3%19.3%12.1%
HV 60d17.9%17.5%18.2%17.8%17.5%
IV Rank33.1%22.2%40.2%24.4%37.8%
IV Percentile38.4%7.9%59.9%10.7%55.6%
Term Structure0.1%-0.7%1.9%1.1%-0.6%
VWIV17.1%15.2%18.2%16.6%17.9%
Skew 25d3.2%1.6%5.1%5.1%1.6%
Skew 10d6.2%-3.6%12.2%10.7%-3.6%
Call IV 25d15.7%12.6%17.7%12.6%17.7%
Put IV 25d19.0%16.3%20.5%17.8%19.3%
Bid-Ask Spread %13.167.7820.429.2713.54
Gamma HHI0.260.180.360.230.31
Net GEX3.4M1.5M6.4M4.1M2.6M
Net DEX-6.1M-27.8M5.0M-9.1M4.5M
Net VEX-366.2K-407.7K-325.4K-389.3K-370.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.044.300.540.05
Total Volume2,681.09145011,8831,14411,883
Total OI85,587.18266,20195,92388,31585,962

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$30.54$31.0015.7%4.5%19.3%24.4%16.6%5.1%1.1%4.1M-9.1M-389.3K0.549.27N/AN/A74539961,86926,446
2019-07-02$30.81$31.0015.3%4.4%18.9%22.2%16.5%2.0%1.9%5.3M-18.4M-394.4K1.2511.15N/AN/A30137562,23026,646
2019-07-03$31.13$31.0015.5%4.5%17.9%23.7%15.3%2.1%1.6%6.4M-27.8M-407.7K1.1613.31N/AN/A31336262,38526,696
2019-07-05$30.99$31.0015.9%4.9%17.1%25.8%17.8%3.4%0.3%5.8M-22.4M-396.0K0.7116.06N/AN/A60042962,47226,744
2019-07-08$31.02$31.0016.2%4.9%16.2%27.4%16.5%3.3%-0.3%6.0M-22.2M-389.0K0.5318.75N/AN/A29415662,53326,802
2019-07-09$30.68$31.0016.8%5.0%15.8%30.6%17.2%3.5%-0.7%4.7M-11.4M-372.6K0.3714.56N/AN/A76828762,61626,907
2019-07-10$30.35$31.0018.1%5.2%16.1%37.6%17.9%2.7%0.1%3.2M-2.0M-356.9K0.8112.05N/AN/A1,8351,49262,62926,992
2019-07-11$30.40$31.0018.6%5.3%13.9%40.2%16.9%4.3%-0.6%3.1M-2.3M-354.9K0.8614.12N/AN/A1,5081,29662,62226,993
2019-07-12$30.20$31.0017.4%5.0%14.0%34.1%17.4%1.8%0.9%2.3M670.3K-347.1K3.1011.44N/AN/A4921,52362,60027,034
2019-07-15$30.49$31.0018.1%5.2%13.5%37.6%17.2%3.7%-0.7%3.5M-4.4M-349.1K0.6314.22N/AN/A33020962,67127,262
2019-07-16$30.32$31.0018.0%5.2%12.7%37.1%17.7%3.8%-0.7%2.1M1.1M-337.5K4.3016.94N/AN/A16169362,79427,302
2019-07-17$30.44$31.0017.7%5.1%12.8%35.7%17.8%2.5%-0.1%2.7M-2.9M-344.3K0.8815.32N/AN/A27624362,79127,775
2019-07-18$30.68$31.0015.8%4.5%11.4%25.4%15.2%3.3%0.8%4.5M-6.3M-344.6K0.0416.80N/AN/A4,46719362,84127,807
2019-07-19$30.34$31.0017.7%5.1%11.9%35.8%17.4%3.4%-0.2%1.8M-308.5K-342.2K0.4920.42N/AN/A64331467,46128,462
2019-07-22$30.10$31.0018.1%5.2%11.8%37.9%17.3%2.7%-0.1%1.5M3.8M-325.4K0.5211.15N/AN/A4,5842,39442,33023,871
2019-07-23$30.16$31.0017.6%5.0%11.9%35.0%17.0%3.8%0.7%1.8M434.5K-358.7K0.1011.96N/AN/A5,57557146,13725,695
2019-07-24$30.26$31.0017.7%5.1%12.0%35.8%17.1%4.5%0.1%2.8M-5.9M-386.9K1.7910.50N/AN/A31456151,41325,767
2019-07-25$30.18$31.0017.5%5.0%11.9%34.4%17.1%3.6%-0.1%2.6M-4.3M-376.3K1.7011.73N/AN/A38665651,53825,827
2019-07-26$30.38$31.0017.6%5.0%12.2%34.9%15.5%4.2%0.3%3.0M-8.0M-382.6K0.128.33N/AN/A6,17874951,65325,902
2019-07-29$30.06$31.0017.8%5.1%12.6%36.2%18.1%3.8%0.0%3.5M-2.5M-372.9K0.8110.09N/AN/A47238056,99725,966
2019-07-30$29.65$31.0018.3%5.2%12.6%38.7%18.2%2.4%-0.4%2.5M5.0M-356.6K0.147.78N/AN/A3,14942857,23026,248
2019-07-31$29.74$31.0018.1%5.2%12.1%37.8%17.9%1.6%-0.6%2.6M4.5M-370.6K0.0513.54N/AN/A11,28759659,41326,549