PPL Options History — September 2019

In September 2019, PPL traded between $29.28 and $31.68. ATM implied volatility averaged 16.4%, placing in the 28.5% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 0.5% (HV 20d: 15.9%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.59.

Notable Days

  • 2019-09-24: Highest Volume — 3,519 contracts
  • 2019-09-19: Largest IV drop — 14.9% change
  • 2019-09-09: Highest IV Rank — 36.9%
  • 2019-09-03: Largest Expected Move — 5.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.83$29.28$31.68$29.62$31.53
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV16.4%14.8%17.9%17.9%16.9%
Expected Move4.7%4.2%5.1%5.1%4.8%
HV 20d15.9%12.0%17.7%13.3%17.4%
HV 60d14.9%13.7%15.4%14.4%15.2%
IV Rank28.5%19.5%36.9%36.8%31.0%
IV Percentile24.3%4.4%50.8%50.4%31.0%
Term Structure1.1%-0.9%2.7%-0.9%1.3%
VWIV16.4%14.8%18.1%18.1%17.3%
Skew 25d2.6%1.3%4.9%3.5%2.3%
Skew 10d7.9%0.9%12.7%7.3%2.0%
Call IV 25d15.3%13.7%17.1%16.1%17.1%
Put IV 25d17.9%16.5%19.7%19.7%19.4%
Bid-Ask Spread %18.4412.1827.0414.0817.21
Gamma HHI0.410.290.620.360.30
Net GEX8.9M3.5M15.6M4.0M8.9M
Net DEX-55.9M-118.5M4.3M4.3M-75.7M
Net VEX-389.8K-424.8K-335.2K-354.2K-391.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.084.240.440.17
Total Volume1,400.653433,5193433,404
Total OI95,163.6587,024103,21094,58991,952

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-09-03$29.62$30.0017.9%5.1%13.3%36.8%18.1%3.5%-0.9%4.0M4.3M-354.2K0.4414.08N/AN/A23810565,83128,758
2019-09-04$29.66$30.0017.1%4.9%12.0%32.2%17.9%4.9%1.0%3.8M4.3M-350.1K0.0827.04N/AN/A7235865,96128,763
2019-09-05$30.09$30.0016.3%4.6%12.5%27.9%16.4%4.0%1.3%5.4M-6.2M-369.0K0.2015.52N/AN/A1,69834666,18028,763
2019-09-06$29.84$30.0016.4%4.5%12.8%28.4%15.4%2.5%1.4%4.7M-1.8M-356.3K0.2124.37N/AN/A58612466,71628,767
2019-09-09$29.28$30.0017.9%5.0%13.7%36.9%16.5%2.5%0.4%3.5M4.3M-335.2K0.9414.38N/AN/A38235966,92228,777
2019-09-10$29.88$30.0016.9%4.6%15.3%31.0%16.1%2.5%1.0%6.2M-12.6M-371.2K0.8820.82N/AN/A73564566,33128,895
2019-09-11$30.69$30.0015.0%4.3%17.5%20.9%15.1%3.3%1.2%11.8M-48.5M-411.5K0.1316.26N/AN/A1,36617166,68729,020
2019-09-12$30.90$30.0014.8%4.2%16.7%19.5%15.6%2.6%1.9%13.2M-63.9M-416.6K0.6920.57N/AN/A53136667,44429,052
2019-09-13$30.93$30.0015.3%4.4%16.7%22.5%14.8%2.6%1.3%13.2M-66.5M-424.8K0.2312.18N/AN/A1,45633767,71629,031
2019-09-16$31.20$30.0016.3%4.7%16.8%28.1%16.4%4.0%1.1%13.2M-83.5M-407.7K0.1917.52N/AN/A1,98237967,85328,939
2019-09-17$31.04$30.0016.3%4.7%17.0%27.6%15.8%2.8%0.9%14.8M-73.5M-412.6K0.3916.78N/AN/A39315468,35129,049
2019-09-18$31.27$30.0017.5%5.0%17.0%34.3%16.7%2.2%0.6%15.6M-95.0M-420.0K0.8220.75N/AN/A1,05987373,86229,075
2019-09-19$31.51$30.0014.9%4.3%17.0%20.0%15.8%3.2%2.7%10.9M-113.0M-400.3K0.5319.69N/AN/A78841473,89629,292
2019-09-20$31.61$30.0015.4%4.4%17.0%23.1%16.5%1.9%1.8%7.9M-118.5M-402.4K0.1816.33N/AN/A1,11620173,95929,251
2019-09-23$31.68$30.0016.1%4.6%16.3%27.0%16.2%1.9%0.8%8.0M-79.0M-383.9K0.6626.23N/AN/A41427360,54126,483
2019-09-24$31.56$30.0016.6%4.7%16.2%29.3%16.8%1.8%1.1%8.0M-75.9M-391.9K0.1120.22N/AN/A3,18433560,69626,661
2019-09-25$31.16$30.0016.9%4.9%17.1%31.4%16.9%1.3%1.1%8.5M-62.3M-395.9K4.2414.29N/AN/A3001,27363,67026,776
2019-09-26$31.64$30.0016.2%4.7%17.4%27.6%17.3%1.3%1.3%8.6M-80.1M-401.7K0.3717.26N/AN/A51719063,70227,859
2019-09-27$31.46$30.0017.4%5.0%17.7%34.1%16.9%1.9%1.1%8.9M-74.8M-399.0K0.2517.28N/AN/A43110763,86527,927
2019-09-30$31.53$30.0016.9%4.8%17.4%31.0%17.3%2.3%1.3%8.9M-75.7M-391.8K0.1717.21N/AN/A2,91149363,98227,970