PPL Options History — June 2021

In June 2021, PPL traded between $27.73 and $29.32. ATM implied volatility averaged 15.0%, placing in the 13.0% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 2.7% (HV 20d: 12.3%). Max pain ranged from $29.00 to $29.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.50.

Notable Days

  • 2021-06-10: Highest Volume — 10,575 contracts
  • 2021-06-09: Largest IV spike — 69.8% change
  • 2021-06-18: Highest IV Rank — 21.2%
  • 2021-06-02: Largest Expected Move — 4.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.61$27.73$29.32$28.96$27.95
Max Pain$29.00$29.00$29.00$29.00$29.00
ATM IV15.0%9.8%16.9%15.6%14.9%
Expected Move4.4%4.0%4.8%4.5%4.3%
HV 20d12.3%7.5%15.9%13.7%15.9%
HV 60d15.5%12.3%20.3%20.3%13.8%
IV Rank13.0%0.0%21.2%3.2%16.2%
IV Percentile4.0%0.0%10.7%2.8%3.6%
Term Structure1.5%-1.1%3.0%-0.2%1.1%
VWIV15.0%13.1%16.9%15.6%15.0%
Skew 25d2.2%-1.5%6.4%6.4%0.8%
Skew 10d5.5%-5.6%21.9%21.9%-1.5%
Call IV 25d14.2%11.8%16.4%11.8%16.0%
Put IV 25d16.4%14.9%18.5%18.2%16.9%
Bid-Ask Spread %41.686.6693.4654.4330.89
Gamma HHI0.310.200.430.340.23
Net GEX4.0M-1.4M9.8M3.5M1.5M
Net DEX-11.4M-35.5M17.8M-15.5M4.1M
Net VEX-275.5K-322.0K-232.7K-282.2K-278.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.053.320.290.27
Total Volume3,552.36450610,5759015,111
Total OI85,610.27371,10192,16886,61686,195

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$28.96$29.0015.6%4.5%13.7%3.2%15.6%6.4%-0.2%3.5M-15.5M-282.2K0.2954.43N/AN/A69720455,84530,771
2021-06-02$28.94$29.0016.9%4.8%13.6%7.4%16.7%5.9%-1.1%3.0M-16.2M-277.0K0.6443.02N/AN/A80351155,94430,832
2021-06-03$29.12$29.0015.9%4.4%13.4%4.0%14.2%2.6%1.7%3.6M-21.0M-278.3K0.2758.62N/AN/A39710956,10531,011
2021-06-04$28.98$29.0014.3%4.1%13.6%0.0%14.6%1.4%2.5%2.4M-15.9M-269.8K0.3530.72N/AN/A51717956,27931,056
2021-06-07$29.05$29.0012.4%4.1%12.6%0.0%13.1%0.9%2.8%4.7M-18.3M-250.6K3.3219.76N/AN/A1,7025,64356,46731,195
2021-06-08$28.90$29.009.8%4.0%11.9%0.0%14.0%1.7%2.4%4.0M-13.6M-246.3K0.2615.48N/AN/A4,2821,11357,17427,759
2021-06-09$29.02$29.0016.6%4.8%11.3%19.6%15.8%2.4%1.6%5.5M-19.4M-309.8K0.1047.19N/AN/A7,88982156,82428,731
2021-06-10$29.16$29.0016.0%4.6%8.9%17.8%15.1%2.7%1.5%8.2M-30.8M-322.0K0.0540.49N/AN/A10,07250361,32629,242
2021-06-11$29.32$29.0015.2%4.4%7.5%15.5%13.5%4.2%2.2%9.8M-35.0M-316.7K0.2947.88N/AN/A73821761,29329,452
2021-06-14$29.20$29.0015.4%4.4%7.5%16.6%15.1%2.1%1.8%8.7M-30.9M-302.7K0.1566.23N/AN/A1,23619161,43629,457
2021-06-15$29.30$29.0015.1%4.3%7.6%15.7%14.8%2.6%3.0%9.3M-35.5M-301.3K0.0960.42N/AN/A2,07719561,84629,326
2021-06-16$28.76$29.0014.9%4.3%9.8%15.1%14.4%1.7%2.2%6.2M-11.2M-284.6K0.2972.66N/AN/A2,01958762,36029,340
2021-06-17$28.64$29.0015.6%4.5%9.8%18.2%15.9%0.3%1.4%4.5M-4.4M-275.5K0.3431.19N/AN/A1,06236462,17429,637
2021-06-18$27.85$29.0016.5%4.7%13.6%21.2%16.7%2.6%0.2%-1.4M17.8M-244.6K0.6064.22N/AN/A1,48988762,39329,775
2021-06-21$28.07$29.0015.3%4.4%14.0%17.3%14.9%2.3%1.4%1.2M5.6M-232.7K0.0949.65N/AN/A6,58156845,57225,529
2021-06-22$28.12$29.0014.6%4.2%14.0%15.3%14.5%1.2%0.9%2.7M-2.9M-262.4K0.3549.36N/AN/A1,15040152,07526,029
2021-06-23$27.90$29.0015.1%4.3%13.7%16.8%14.9%2.2%1.3%2.1M1.7M-261.8K0.4216.13N/AN/A3,7341,56452,90526,380
2021-06-24$27.95$29.0014.5%4.2%13.8%15.0%14.5%2.5%0.9%2.1M624.1K-258.8K0.238.39N/AN/A91021153,35626,571
2021-06-25$28.27$29.0014.7%4.2%14.6%15.6%14.3%1.9%1.5%3.1M-7.4M-274.3K0.106.66N/AN/A1,51215553,99226,566
2021-06-28$28.22$29.0015.7%4.5%14.5%18.6%14.6%2.2%1.3%2.8M-6.1M-270.5K0.0910.22N/AN/A1,91817554,60926,625
2021-06-29$27.73$29.0015.0%4.3%15.5%16.4%16.9%-1.5%1.7%1.4M4.1M-260.9K2.5193.46N/AN/A2,1825,47655,11226,860
2021-06-30$27.95$29.0014.9%4.3%15.9%16.2%15.0%0.8%1.1%1.5M4.1M-278.3K0.2730.89N/AN/A4,0321,07955,37830,817