PPL Options History — August 2019

In August 2019, PPL traded between $29.07 and $29.88. ATM implied volatility averaged 20.2%, placing in the 49.2% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 5.3% (HV 20d: 14.9%). 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 1 of 22 days. Put/call ratio averaged 0.67.

Notable Days

  • 2019-08-02: Highest Volume — 18,559 contracts
  • 2019-08-02: Largest IV spike — 22.2% change
  • 2019-08-05: Highest IV Rank — 87.8%
  • 2019-08-02: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.49$29.07$29.88$29.80$29.57
Max Pain$30.09$30.00$31.00$31.00$30.00
ATM IV20.2%16.7%27.2%19.4%17.4%
Expected Move5.6%4.8%6.8%5.6%5.0%
HV 20d14.9%11.4%16.1%11.4%15.6%
HV 60d16.4%14.7%17.8%17.5%14.7%
IV Rank49.2%29.9%87.8%44.8%33.7%
IV Percentile71.1%27.8%98.4%73.0%36.9%
Term Structure-1.5%-2.8%0.4%-0.9%-0.9%
VWIV19.5%16.9%24.8%18.8%19.5%
Skew 25d3.6%-0.6%5.7%3.6%5.7%
Skew 10d7.4%-1.4%12.6%-1.4%6.3%
Call IV 25d17.7%14.6%24.8%17.9%14.6%
Put IV 25d21.3%18.3%24.5%21.5%20.2%
Bid-Ask Spread %16.559.5743.5113.1513.78
Gamma HHI0.360.270.510.380.35
Net GEX3.2M1.5M5.2M3.7M3.8M
Net DEX5.8M-7.4M17.7M-2.6M4.9M
Net VEX-380.5K-435.4K-338.1K-402.4K-363.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.023.220.740.31
Total Volume3,026.77322718,5594,799255
Total OI98,799.04581,573111,18292,12894,498

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$29.80$31.0019.4%5.6%11.4%44.8%18.8%3.6%-0.9%3.7M-2.6M-402.4K0.7413.15N/AN/A2,7542,04565,17826,950
2019-08-02$29.72$31.0023.7%6.8%11.4%68.4%24.8%-0.6%-2.7%3.7M-5.9M-412.2K0.0614.31N/AN/A17,4961,06365,38427,120
2019-08-05$29.07$30.0027.2%6.6%13.3%87.8%21.9%3.7%-2.6%3.1M9.6M-370.1K2.6217.13N/AN/A1,0622,77975,30228,129
2019-08-06$29.54$30.0022.3%6.0%14.6%60.5%21.6%3.8%-1.7%3.9M2.7M-410.2K0.3719.02N/AN/A2,9921,09675,65729,907
2019-08-07$29.87$30.0021.1%6.1%14.9%54.4%19.6%3.6%-1.4%5.2M-7.4M-435.4K0.0518.00N/AN/A3,34817875,88530,476
2019-08-08$29.88$30.0018.9%5.5%14.9%42.0%19.4%3.5%-1.4%5.1M-5.6M-424.6K0.4718.19N/AN/A32115078,22730,684
2019-08-09$29.47$30.0020.8%6.0%15.5%52.3%20.7%3.6%-2.1%2.9M8.6M-393.7K3.2215.83N/AN/A5301,70678,37830,699
2019-08-12$29.27$30.0025.2%6.0%15.0%76.9%20.9%4.0%-1.3%1.7M16.4M-362.5K1.3717.09N/AN/A26336178,29231,287
2019-08-13$29.59$30.0020.5%5.5%15.7%51.1%19.2%4.1%-1.4%2.2M9.2M-380.1K0.6616.43N/AN/A27217978,35631,349
2019-08-14$29.21$30.0021.4%6.1%16.1%55.7%22.1%3.6%-1.0%1.5M17.7M-360.7K0.7219.72N/AN/A35926078,41831,331
2019-08-15$29.27$30.0020.9%6.0%15.7%53.4%19.9%5.1%-2.3%1.6M16.7M-370.6K0.0218.36N/AN/A4,9887779,08331,296
2019-08-16$29.38$30.0019.8%5.7%15.5%47.1%17.9%4.2%-1.5%2.3M13.3M-373.7K0.8516.33N/AN/A1,08892179,89631,286
2019-08-19$29.54$30.0017.7%5.1%15.5%35.6%16.9%3.9%-0.0%2.6M5.9M-361.6K0.059.57N/AN/A7,18536853,59827,975
2019-08-20$29.46$30.0019.6%5.6%15.5%45.9%18.1%3.1%-2.8%3.3M3.9M-375.4K0.0617.68N/AN/A2,95017559,73228,089
2019-08-21$29.70$30.0017.5%5.0%15.7%34.2%18.0%3.9%-1.0%3.8M-705.3K-384.6K0.4710.44N/AN/A27813159,87428,110
2019-08-22$29.81$30.0016.7%4.8%15.8%29.9%17.2%4.5%0.4%4.3M-4.5M-393.0K0.3612.20N/AN/A40014560,06728,146
2019-08-23$29.51$30.0017.7%5.1%15.9%35.7%17.2%2.9%-0.9%3.3M3.4M-376.7K0.1143.51N/AN/A5,69062560,06528,262
2019-08-26$29.38$30.0019.8%5.7%15.6%47.0%19.5%4.0%-2.4%3.7M4.5M-379.5K0.6311.26N/AN/A1398865,35628,574
2019-08-27$29.30$30.0019.0%5.5%14.9%42.8%19.1%5.4%-1.9%2.9M10.8M-355.0K0.5314.10N/AN/A52127465,50528,592
2019-08-28$29.18$30.0019.1%5.5%14.9%43.0%19.1%2.2%-1.0%2.7M13.1M-348.1K0.2318.30N/AN/A52412165,49228,707
2019-08-29$29.20$30.0018.6%5.3%14.8%40.2%16.9%1.7%-1.9%2.7M13.4M-338.1K0.769.64N/AN/A24618665,59628,771
2019-08-30$29.57$30.0017.4%5.0%15.6%33.7%19.5%5.7%-0.9%3.8M4.9M-363.4K0.3113.78N/AN/A1946165,69528,803