PSNL Options History — March 2020

In March 2020, PSNL traded between $4.87 and $8.72. ATM implied volatility averaged 68.6%, placing in the 46.6% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded below realized volatility by 37.0% (HV 20d: 105.6%). Max pain ranged from $7.50 to $12.50. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.24.

Notable Days

  • 2020-03-26: Highest Volume — 50 contracts
  • 2020-03-23: Largest IV spike — 892.1% change
  • 2020-03-26: Highest IV Rank — 69.4%
  • 2020-03-25: Largest Expected Move — 42.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.82$4.87$8.72$8.12$8.01
Max Pain$10.00$7.50$12.50$12.50$7.50
ATM IV68.6%2.7%179.7%139.3%85.7%
Expected Move14.7%0.8%42.6%26.1%24.6%
HV 20d105.6%61.2%152.7%64.9%152.4%
HV 60d85.1%68.5%103.3%69.2%103.2%
IV Rank46.6%24.8%69.4%69.4%42.6%
IV Percentile42.5%17.3%76.2%76.2%31.8%
Term Structure16.9%-129.9%196.1%-6.1%73.6%
VWIV86.9%20.7%128.9%115.6%93.0%
Skew 25d22.4%-91.9%136.2%73.7%11.9%
Skew 10d-36.4%-130.0%29.5%-77.7%-10.9%
Call IV 25d88.2%13.5%160.2%106.5%62.1%
Put IV 25d110.6%10.4%180.5%180.2%74.0%
Bid-Ask Spread %143.13127.93153.94153.94142.59
Gamma HHI0.410.270.910.360.41
Net GEX1.5K-1963.4K2.9K3.4K
Net DEX-56.8K-167.9K41.7K-149.8K-123.0K
Net VEX-443-924-8-836-565
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.002.290.180.00
Total Volume18.1820501338
Total OI881.636817951867951

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$8.12$12.50139.3%0.0%64.9%0.0%0.0%73.7%-6.1%2.9K-149.8K-8360.18153.94N/AN/A11277592
2020-03-03$8.33$12.50130.8%0.0%64.1%0.0%0.0%62.1%-53.3%3.2K-167.9K-9241.00149.60N/AN/A1178690
2020-03-04$8.72$12.50122.1%0.0%66.6%0.0%0.0%66.3%-32.1%3.2K-140.9K-8310.00152.54N/AN/A0078791
2020-03-05$8.63$10.0091.1%26.1%63.1%0.0%115.6%3.7%29.9%2.8K-112.9K-7910.00127.93N/AN/A15078791
2020-03-06$8.53$10.00119.8%34.4%61.2%0.0%0.0%61.4%23.3%2.4K-118.0K-7600.00139.73N/AN/A0079391
2020-03-09$7.34$10.0010.9%3.1%77.1%0.0%82.8%-71.6%157.6%1.9K-99.2K-6940.00141.60N/AN/A5079391
2020-03-10$6.78$10.0028.6%2.2%80.0%0.0%67.8%19.3%194.4%1.7K-96.3K-5970.00139.23N/AN/A12078891
2020-03-11$6.02$10.0023.8%6.8%86.9%0.0%0.0%-3.4%-25.1%756-9.0K-2840.04141.02N/AN/A25180091
2020-03-12$5.04$10.007.0%2.0%101.6%0.0%0.0%-3.1%-49.4%12041.7K-250.18144.91N/AN/A33678092
2020-03-13$5.22$10.0019.4%5.6%102.2%0.0%0.0%55.7%-129.9%25626.3K-950.10143.51N/AN/A10178794
2020-03-16$4.87$10.008.7%2.5%99.4%0.0%0.0%0.0%6.0%-10940.5K-80.00146.38N/AN/A4078789
2020-03-17$5.05$10.0012.2%3.5%102.0%0.0%0.0%0.0%-0.9%56-4.1K-2540.00147.15N/AN/A0078389
2020-03-18$4.87$10.0042.5%0.0%100.6%0.0%0.0%0.0%-124.5%-4939.5K-90.00145.21N/AN/A2072889
2020-03-19$5.48$10.00179.7%0.0%114.9%0.0%0.0%0.0%-109.6%472-5.4K-2700.00147.88N/AN/A0078589
2020-03-20$6.58$10.002.7%0.8%137.6%0.0%66.8%3.9%196.1%-196-48.1K-3382.29145.59N/AN/A71678589
2020-03-23$6.53$10.0026.4%7.6%136.4%0.0%0.0%0.6%6.6%827-23.0K-3080.00141.60N/AN/A4075584
2020-03-24$6.34$10.0020.7%5.9%133.8%0.0%20.7%136.2%174.0%476-28.4K-3010.00150.10N/AN/A47075984
2020-03-25$6.69$10.00148.6%42.6%134.9%0.0%128.9%3.0%-1.8%1.6K-27.7K-3670.26148.83N/AN/A391080084
2020-03-26$7.62$10.00139.0%39.8%144.3%69.4%124.9%21.0%0.7%2.0K-102.3K-5790.19130.61N/AN/A42882794
2020-03-27$7.13$7.5050.4%14.4%145.8%24.8%89.9%-91.9%15.3%2.1K-24.9K-3620.07135.38N/AN/A30282886
2020-03-30$8.12$7.5099.7%28.6%152.7%49.6%78.8%55.0%25.9%3.2K-116.1K-5390.00133.45N/AN/A28085586
2020-03-31$8.01$7.5085.7%24.6%152.4%42.6%93.0%11.9%73.6%3.4K-123.0K-5650.00142.59N/AN/A38086586