PSEP Options History — March 2023

In March 2023, PSEP traded between $29.43 and $30.65. ATM implied volatility averaged 32.3%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 21.9% (HV 20d: 10.4%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 2 of 23 days.

Notable Days

  • 2023-03-22: Largest IV spike — 204.7% change
  • 2023-03-14: Highest IV Rank — 51.9%
  • 2023-03-22: Largest Expected Move — 20.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.02$29.43$30.65$29.93$30.65
ATM IV32.3%12.8%79.6%20.0%22.4%
Expected Move6.9%3.7%20.8%5.7%6.4%
HV 20d10.4%8.5%11.6%9.2%11.4%
HV 60d10.2%9.9%10.6%10.0%10.2%
IV Rank18.9%5.3%51.9%10.3%12.0%
IV Percentile55.0%14.3%98.0%32.9%36.5%
Term Structure-4.7%-24.3%26.7%-7.4%-12.1%
Skew 25d2.0%-0.1%10.2%1.5%5.3%
Skew 10d3.1%-0.3%15.5%4.5%0.9%
Call IV 25d21.8%12.8%90.3%22.3%21.5%
Put IV 25d23.8%14.1%100.5%23.8%26.8%
Bid-Ask Spread %161.40119.93185.42149.59156.94
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$29.93$0.0020.0%5.7%9.2%10.3%0.0%1.5%-7.4%0000.00149.59N/AN/A0000
2023-03-02$30.13$0.0031.3%9.0%8.5%18.2%0.0%2.6%-11.0%0000.00160.46N/AN/A0000
2023-03-03$30.37$0.0021.4%6.1%9.0%11.3%0.0%2.9%-7.7%0000.00151.31N/AN/A0000
2023-03-06$30.42$0.0038.1%6.2%8.9%22.9%0.0%0.6%-4.1%0000.00172.25N/AN/A0000
2023-03-07$30.09$0.0037.2%5.9%9.6%22.3%0.0%1.3%-4.0%0000.00168.60N/AN/A0000
2023-03-08$30.10$0.0039.9%5.9%9.1%24.2%0.0%1.2%-3.7%0000.00170.48N/AN/A0000
2023-03-09$29.77$0.0029.0%4.1%9.6%16.6%0.0%0.6%-4.7%0000.00155.91N/AN/A0000
2023-03-10$29.43$0.0037.6%4.9%10.2%22.6%0.0%0.2%-5.3%0000.00156.84N/AN/A0000
2023-03-13$29.55$0.0072.0%7.6%10.4%46.6%0.0%1.6%-6.6%0000.00167.06N/AN/A0000
2023-03-14$29.67$0.0079.6%7.6%10.0%51.9%0.0%1.1%-6.6%0000.00176.52N/AN/A0000
2023-03-15$29.60$0.0016.1%4.6%9.9%7.6%0.0%2.8%-4.7%0000.00155.94N/AN/A0000
2023-03-16$29.98$0.0021.9%6.3%11.2%11.7%0.0%1.8%26.7%0000.00161.72N/AN/A0000
2023-03-17$29.78$0.0022.7%6.5%11.2%12.2%0.0%2.5%-3.3%0000.00164.14N/AN/A0000
2023-03-20$29.94$0.0024.0%6.9%11.4%13.1%0.0%3.2%-4.3%0000.00164.91N/AN/A0000
2023-03-21$30.23$0.0023.8%6.8%11.5%13.0%0.0%1.8%-3.8%0000.00165.57N/AN/A0000
2023-03-22$30.05$0.0072.6%20.8%11.6%47.0%0.0%10.2%-24.3%0000.00185.42N/AN/A0000
2023-03-23$29.94$0.0023.7%6.8%11.4%12.9%0.0%0.6%-4.8%0000.00162.24N/AN/A0000
2023-03-24$30.04$0.0016.2%4.6%11.1%7.6%0.0%1.3%-3.4%0000.00148.95N/AN/A0000
2023-03-27$30.11$0.0026.7%7.6%11.1%15.0%0.0%-0.1%-6.9%0000.00165.62N/AN/A0000
2023-03-28$30.02$0.0026.5%7.6%11.1%14.8%0.0%-0.1%-6.5%0000.00165.97N/AN/A0000
2023-03-29$30.32$0.0012.8%3.7%11.6%5.3%0.0%1.3%7.6%0000.00119.93N/AN/A0000
2023-03-30$30.41$0.0028.1%8.1%11.4%16.0%0.0%1.7%-8.1%0000.00165.74N/AN/A0000
2023-03-31$30.65$0.0022.4%6.4%11.4%12.0%0.0%5.3%-12.1%0000.00156.94N/AN/A0000