PSNL Options History — December 2019

In December 2019, PSNL traded between $8.71 and $10.85. ATM implied volatility averaged 94.5%. The 30-day expected move averaged 25.3%. IV traded above realized volatility by 32.8% (HV 20d: 61.7%). Max pain ranged from $7.50 to $17.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.12.

Notable Days

  • 2019-12-10: Highest Volume — 190 contracts
  • 2019-12-03: Largest IV spike — 327.6% change
  • 2019-12-31: Largest Expected Move — 34.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.66$8.71$10.85$8.71$10.85
Max Pain$10.12$7.50$17.50$7.50$10.00
ATM IV94.5%27.2%118.8%27.2%118.8%
Expected Move25.3%7.8%34.1%7.8%34.1%
HV 20d61.7%56.5%67.4%62.2%67.4%
HV 60d68.1%62.3%71.1%69.2%64.6%
Term Structure24.6%-100.6%122.3%-46.3%28.6%
VWIV93.6%50.4%121.2%63.8%115.6%
Skew 25d-4.0%-66.1%25.6%17.2%-25.1%
Skew 10d-44.1%-92.3%14.7%-66.6%-56.8%
Call IV 25d97.8%80.2%155.8%96.8%138.3%
Put IV 25d93.8%77.2%114.0%114.0%113.2%
Bid-Ask Spread %130.44114.00152.64135.62114.00
Gamma HHI0.630.270.930.340.82
Net GEX5.8K69517.1K1.1K7.9K
Net DEX-248.7K-487.1K-82.6K-82.6K-487.1K
Net VEX-795-1.2K-320-340-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.120.001.000.000.08
Total Volume44.5242190282
Total OI633.143260956262866

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-12-02$8.71$7.5027.2%7.8%62.2%0.0%63.8%17.2%-46.3%1.1K-82.6K-3400.00135.62N/AN/A2022933
2019-12-03$8.79$7.50116.3%33.4%59.3%0.0%116.3%5.2%-100.6%695-88.0K-3200.00135.26N/AN/A17022733
2019-12-04$8.99$7.50101.6%29.1%60.1%0.0%101.3%17.5%-81.0%1.3K-88.4K-3681.00139.56N/AN/A1123233
2019-12-05$8.86$17.5063.3%10.1%59.1%0.0%50.4%5.6%110.1%792-87.9K-3440.07151.69N/AN/A15123133
2019-12-06$9.44$17.50105.5%14.1%63.9%0.0%106.1%-66.1%69.1%1.5K-88.1K-3530.00147.36N/AN/A109024434
2019-12-09$9.28$7.50116.5%23.4%63.7%0.0%0.0%25.6%31.2%1.8K-104.4K-4100.00152.64N/AN/A2031234
2019-12-10$9.85$7.50100.8%26.5%66.6%0.0%89.9%-34.4%85.8%2.2K-117.3K-4290.33132.09N/AN/A1434731034
2019-12-11$9.62$10.00109.3%31.3%64.1%0.0%0.0%-7.8%-16.1%4.0K-206.5K-7670.00133.43N/AN/A8054280
2019-12-12$9.63$10.0091.5%26.2%58.1%0.0%95.1%0.2%-4.9%4.3K-200.4K-7290.00131.00N/AN/A50054880
2019-12-13$10.26$10.0089.5%25.7%60.0%0.0%121.2%14.9%3.1%7.3K-327.7K-8870.00130.71N/AN/A21066980
2019-12-16$9.66$10.0092.7%26.6%61.1%0.0%91.4%-4.5%-3.7%6.5K-273.5K-8270.00119.14N/AN/A56067680
2019-12-17$10.38$10.00102.2%29.3%56.5%0.0%100.4%4.7%-16.8%7.2K-384.6K-9190.20117.16N/AN/A1092272085
2019-12-18$9.90$10.00101.4%29.1%59.6%0.0%107.8%-1.0%-2.8%13.1K-357.4K-1.1K0.70123.88N/AN/A2014820104
2019-12-19$9.99$10.00101.5%29.1%59.1%0.0%91.3%-12.2%-0.1%17.1K-375.3K-1.1K0.00123.31N/AN/A50833118
2019-12-20$9.90$10.00100.3%28.8%58.7%0.0%99.5%13.6%-7.9%6.3K-330.6K-1.1K0.00120.92N/AN/A290838118
2019-12-23$9.42$10.0076.5%21.9%61.9%0.0%84.1%2.1%122.3%7.1K-272.6K-1.0K0.08128.06N/AN/A66566596
2019-12-24$9.89$10.0092.3%26.5%63.2%0.0%83.3%1.2%83.3%7.1K-341.7K-1.1K0.00121.32N/AN/A40698101
2019-12-26$9.67$10.0084.9%24.3%63.8%0.0%69.5%-18.0%106.1%9.4K-349.2K-1.1K0.05130.39N/AN/A211695101
2019-12-27$9.74$10.0088.0%25.2%63.7%0.0%88.1%-2.8%91.1%8.0K-292.9K-1.1K0.00122.41N/AN/A610705102
2019-12-30$10.05$10.00104.5%30.0%64.4%0.0%103.3%-20.3%66.2%8.2K-366.4K-1.1K0.00129.35N/AN/A230755102
2019-12-31$10.85$10.00118.8%34.1%67.4%0.0%115.6%-25.1%28.6%7.9K-487.1K-1.2K0.08114.00N/AN/A766764102