PSEP Options History — May 2022

In May 2022, PSEP traded between $27.93 and $29.28. ATM implied volatility averaged 21.1%, placing in the 20.4% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 5.5% (HV 20d: 15.6%). Max pain ranged from $29.00 to $30.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 5.56.

Notable Days

  • 2022-05-03: Highest Volume — 65 contracts
  • 2022-05-17: Largest IV spike — 199.9% change
  • 2022-05-09: Highest IV Rank — 85.5%
  • 2022-05-04: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.52$27.93$29.28$28.79$28.90
Max Pain$29.14$29.00$30.00$30.00$29.00
ATM IV21.1%9.0%72.0%20.4%9.0%
Expected Move4.3%2.6%12.2%5.9%2.6%
HV 20d15.6%11.8%17.4%12.0%16.0%
HV 60d12.7%11.4%13.5%11.4%13.1%
IV Rank20.4%4.9%85.5%19.5%4.9%
IV Percentile33.6%0.8%99.6%44.8%0.8%
Term Structure3.0%-33.8%19.7%-9.0%18.1%
VWIV12.0%8.7%22.3%11.3%9.7%
Skew 25d5.2%-1.3%10.9%10.9%-0.5%
Skew 10d7.1%-3.9%20.6%4.1%3.1%
Call IV 25d11.2%7.2%31.3%12.6%9.9%
Put IV 25d16.4%9.0%30.0%23.5%9.4%
Bid-Ask Spread %142.40112.70165.44138.23165.44
Gamma HHI0.480.400.530.450.50
Net GEX-25.9K-33.8K-17.9K-25.9K-24.3K
Net DEX243.2K168.6K318.7K230.0K198.7K
Net VEX-975-1.1K-825-1.1K-865
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.563.3350.0050.003.33
Total Volume64.33351655165
Total OI223.381213227213219

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$28.79$30.0020.4%5.9%12.0%19.5%0.0%10.9%-9.0%-25.9K230.0K-1.1K50.00138.23N/AN/A15031182
2022-05-03$28.89$30.0020.6%5.9%11.8%19.8%0.0%10.8%-11.9%-30.7K220.2K-9943.33134.91N/AN/A155031182
2022-05-04$29.28$30.0042.4%12.2%13.0%47.6%0.0%-1.3%-33.8%-21.7K168.6K-1.1K3.33158.18N/AN/A155045182
2022-05-05$28.69$29.0024.2%2.9%14.6%24.4%11.3%3.5%4.3%-21.6K198.4K-1.1K3.33135.09N/AN/A155045182
2022-05-06$28.70$29.0039.8%3.2%14.5%44.4%11.8%3.1%10.0%-20.6K223.5K-1.1K3.33146.90N/AN/A155045182
2022-05-09$28.33$29.0072.0%3.7%15.0%85.5%12.7%8.5%7.3%-22.0K253.6K-1.1K3.33145.57N/AN/A155045182
2022-05-10$28.39$29.0037.3%3.7%14.9%41.2%12.8%6.2%4.1%-23.9K261.3K-1.0K3.33140.81N/AN/A155045182
2022-05-11$28.18$29.0011.1%3.2%15.0%7.6%11.1%6.5%3.0%-29.2K291.8K-9563.33124.45N/AN/A155045182
2022-05-12$27.93$29.0012.2%3.5%14.8%9.0%12.1%6.0%11.1%-24.7K282.0K-1.0K3.33142.47N/AN/A155045182
2022-05-13$28.44$29.0010.3%3.0%16.6%6.6%10.1%3.8%2.5%-33.5K279.6K-9583.33138.01N/AN/A155045182
2022-05-16$28.43$29.0010.4%3.0%16.6%6.7%10.6%5.2%3.3%-33.5K277.3K-9253.33141.16N/AN/A155045182
2022-05-17$28.71$29.0031.3%9.0%16.5%33.4%22.3%2.8%-17.6%-18.2K230.8K-1.1K3.33145.10N/AN/A155045182
2022-05-18$28.19$29.0013.0%3.7%17.4%10.0%12.8%7.5%0.8%-26.7K281.6K-9243.33137.55N/AN/A155045182
2022-05-19$28.13$29.009.8%2.8%17.3%5.9%10.2%6.1%16.8%-33.8K318.7K-8253.33138.24N/AN/A155045182
2022-05-20$28.16$29.0013.9%4.0%17.1%11.1%13.7%9.4%4.8%-28.0K291.1K-9183.33135.31N/AN/A155045182
2022-05-23$28.36$29.0010.9%3.1%17.4%7.4%11.4%3.1%8.1%-31.5K253.0K-9073.33112.70N/AN/A155045174
2022-05-24$28.31$29.0011.6%3.3%17.0%8.2%12.3%6.9%7.6%-31.4K261.7K-8623.33139.14N/AN/A155045174
2022-05-25$28.42$29.0024.9%7.1%17.0%25.2%14.3%8.5%-6.0%-17.9K193.9K-9533.33156.34N/AN/A155045174
2022-05-26$28.69$29.009.0%2.6%16.8%4.9%8.7%1.8%19.3%-18.0K205.7K-9703.33160.56N/AN/A155045174
2022-05-27$28.95$29.009.3%2.7%15.9%5.3%8.9%-0.3%19.7%-26.1K185.8K-8633.33154.27N/AN/A155045174
2022-05-31$28.90$29.009.0%2.6%16.0%4.9%9.7%-0.5%18.1%-24.3K198.7K-8653.33165.44N/AN/A155045174