PSNL Options History — January 2020

In January 2020, PSNL traded between $10.39 and $12.36. ATM implied volatility averaged 93.4%. The 30-day expected move averaged 29.5%. IV traded above realized volatility by 24.8% (HV 20d: 68.6%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.50.

Notable Days

  • 2020-01-13: Highest Volume — 525 contracts
  • 2020-01-31: Largest IV spike — 49.4% change
  • 2020-01-06: Largest Expected Move — 39.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.23$10.39$12.36$10.94$10.97
Max Pain$12.02$10.00$12.50$10.00$12.50
ATM IV93.4%57.6%136.5%83.3%89.4%
Expected Move29.5%16.5%39.4%23.9%25.6%
HV 20d68.6%63.3%74.5%67.4%72.1%
HV 60d64.5%61.5%67.6%64.6%67.1%
Term Structure12.7%-62.3%101.8%82.4%21.0%
VWIV95.3%61.0%140.2%84.0%61.0%
Skew 25d-1.9%-196.1%47.2%32.2%0.3%
Skew 10d-6.0%-74.7%64.6%-53.8%47.6%
Call IV 25d118.7%56.3%232.6%87.7%128.8%
Put IV 25d116.8%36.5%215.9%120.0%129.1%
Bid-Ask Spread %136.66115.39155.43134.72135.66
Gamma HHI0.510.290.770.760.35
Net GEX4.6K-7311.0K11.0K993
Net DEX-407.6K-732.2K-171.5K-570.2K-179.2K
Net VEX-1.2K-1.6K-723-1.1K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.005.000.130.18
Total Volume72.81152511767
Total OI942.3818351,088922995

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-01-02$10.94$10.0083.3%23.9%67.4%0.0%84.0%32.2%82.4%11.0K-570.2K-1.1K0.13134.72N/AN/A10413815107
2020-01-03$10.72$10.00105.9%30.4%68.2%0.0%0.0%17.5%48.0%1.5K-598.2K-7230.83115.39N/AN/A65728115
2020-01-06$10.39$12.50136.5%39.4%69.2%0.0%128.0%-1.4%-57.1%7.5K-372.9K-1.0K0.00136.03N/AN/A02724120
2020-01-07$10.95$10.0095.9%35.1%68.1%0.0%0.0%4.9%-33.7%8.4K-508.4K-9830.56153.28N/AN/A95724122
2020-01-08$11.33$10.0073.7%34.7%68.1%0.0%123.5%1.1%-17.6%10.3K-569.1K-8230.31151.06N/AN/A8025718117
2020-01-09$10.89$12.5071.2%33.7%67.6%0.0%0.0%20.1%-31.6%10.1K-488.8K-9205.00153.15N/AN/A15699142
2020-01-10$10.48$12.5074.5%38.1%68.6%0.0%109.9%47.2%-62.3%10.8K-415.8K-9211.00155.43N/AN/A22698147
2020-01-13$10.72$12.50109.0%26.2%68.9%0.0%92.6%-8.7%-24.4%11.0K-418.1K-8080.04132.12N/AN/A50322703149
2020-01-14$10.86$12.5074.8%31.2%65.5%0.0%97.5%-32.0%-44.6%3.5K-554.9K-1.1K0.06138.64N/AN/A161918170
2020-01-15$11.44$12.50109.7%31.4%63.3%0.0%0.0%35.0%1.7%3.0K-651.0K-1.3K0.06145.30N/AN/A473917171
2020-01-16$12.36$12.5097.4%27.9%64.0%0.0%84.9%27.1%-5.5%6.3K-732.2K-1.4K0.05129.38N/AN/A372908170
2020-01-17$11.74$12.50127.4%36.5%64.5%0.0%71.3%18.7%-35.0%4.3K-630.9K-1.3K0.86135.99N/AN/A240207909172
2020-01-21$11.28$12.5090.8%26.0%66.8%0.0%66.2%26.8%77.2%994-235.8K-1.6K0.29124.45N/AN/A175619292
2020-01-22$12.11$12.50129.5%37.1%70.3%0.0%140.2%33.9%29.2%554-275.7K-1.6K0.00129.41N/AN/A210636297
2020-01-23$11.68$12.5091.2%26.1%69.0%0.0%92.7%-60.1%47.5%2.7K-246.7K-1.5K0.54127.93N/AN/A137652297
2020-01-24$11.80$12.50120.4%34.5%67.5%0.0%0.0%22.0%62.9%15-257.8K-1.5K0.00126.66N/AN/A90651303
2020-01-27$10.91$12.5097.9%28.1%73.6%0.0%78.2%4.2%1.8%-73-181.4K-1.3K0.00132.54N/AN/A120656303
2020-01-28$11.12$12.5057.6%16.5%73.7%0.0%104.6%-16.0%25.4%426-171.5K-1.4K0.00145.55N/AN/A70662303
2020-01-29$11.64$12.5065.5%18.8%74.5%0.0%0.0%-196.1%80.2%846-255.9K-1.5K0.00134.64N/AN/A330664303
2020-01-30$11.47$12.5059.8%17.2%70.2%0.0%0.0%-16.6%101.8%1.5K-244.7K-1.3K0.00132.47N/AN/A10691303
2020-01-31$10.97$12.5089.4%25.6%72.1%0.0%61.0%0.3%21.0%993-179.2K-1.4K0.18135.66N/AN/A5710692303