PSNL Options History — April 2020

In April 2020, PSNL traded between $7.61 and $10.98. ATM implied volatility averaged 87.5%, placing in the 43.5% IV rank vs the trailing year. The 30-day expected move averaged 23.4%. IV traded below realized volatility by 14.3% (HV 20d: 101.8%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.05.

Notable Days

  • 2020-04-21: Highest Volume — 53 contracts
  • 2020-04-23: Largest IV spike — 1794.1% change
  • 2020-04-23: Highest IV Rank — 95.0%
  • 2020-04-23: Largest Expected Move — 54.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.96$7.61$10.98$7.88$10.40
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV87.5%9.4%189.8%90.0%85.8%
Expected Move23.4%2.7%54.4%25.8%24.6%
HV 20d101.8%47.9%152.3%151.4%53.1%
HV 60d101.4%99.3%103.6%103.1%99.9%
IV Rank43.5%4.1%95.0%44.8%42.6%
IV Percentile39.4%5.0%95.2%36.2%32.7%
Term Structure18.2%-88.7%134.8%134.8%-47.3%
VWIV116.5%89.2%144.4%89.2%107.6%
Skew 25d-10.1%-141.8%76.8%22.2%-90.0%
Skew 10d-28.9%-147.6%22.5%22.5%-27.4%
Call IV 25d131.7%67.1%176.7%68.6%121.4%
Put IV 25d121.6%31.3%195.3%90.8%31.3%
Bid-Ask Spread %167.02139.85176.06139.85167.62
Gamma HHI0.430.310.640.410.38
Net GEX2.2K7264.4K3.3K1.4K
Net DEX-119.5K-193.3K-62.8K-110.2K-165.8K
Net VEX-406-545-316-534-378
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.050.000.380.000.00
Total Volume11.90505355
Total OI665.143238954954312

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$7.88$7.5090.0%25.8%151.4%44.8%89.2%22.2%0.0%3.3K-110.2K-5340.00139.85N/AN/A5086886
2020-04-02$7.98$7.5090.7%4.7%151.6%45.1%0.0%14.9%134.8%3.4K-122.3K-5450.00173.68N/AN/A5086886
2020-04-03$7.61$7.5090.8%34.3%152.3%45.1%0.0%18.8%0.0%2.8K-106.4K-5030.00174.95N/AN/A0086386
2020-04-06$8.16$7.5084.4%3.1%144.5%41.9%0.0%-51.2%70.1%3.8K-104.3K-4660.00172.20N/AN/A0086384
2020-04-07$7.82$7.5092.3%24.4%142.2%45.9%0.0%-15.1%-88.7%3.4K-86.1K-4490.00172.01N/AN/A0086384
2020-04-08$7.88$7.5088.6%25.4%134.2%44.0%0.0%-13.7%-59.1%3.3K-94.3K-4200.00176.06N/AN/A10086384
2020-04-09$8.12$7.5087.6%25.1%113.6%43.6%0.0%42.6%-73.3%3.4K-110.6K-4300.00172.73N/AN/A1086384
2020-04-13$8.32$7.5019.2%5.5%113.5%9.1%0.0%40.6%102.5%726-134.5K-3790.00174.57N/AN/A4086284
2020-04-14$8.63$7.5059.4%17.0%108.1%29.3%0.0%60.6%-7.4%850-134.0K-3810.00173.11N/AN/A8086284
2020-04-15$8.67$7.5067.1%19.2%108.4%33.2%0.0%51.7%-0.8%895-130.9K-3780.05172.84N/AN/A21185484
2020-04-16$8.64$7.509.4%2.7%106.5%4.1%0.0%3.4%31.1%1.1K-110.7K-3190.00172.01N/AN/A13085583
2020-04-17$8.87$7.50153.8%44.1%101.1%76.9%0.0%0.1%7.9%892-127.0K-3450.00172.79N/AN/A7085283
2020-04-20$8.84$7.50141.0%40.4%82.2%70.4%141.0%0.4%-5.5%1.2K-62.8K-3160.38168.53N/AN/A261020731
2020-04-21$9.42$7.50100.4%28.8%83.5%50.0%100.4%76.8%103.0%1.2K-78.9K-3340.00167.40N/AN/A53021231
2020-04-22$9.47$7.5010.0%2.9%81.7%4.4%0.0%19.4%61.9%2.3K-106.1K-3970.00168.56N/AN/A2026531
2020-04-23$9.58$7.50189.8%54.4%80.8%95.0%0.0%-36.1%17.9%1.5K-117.6K-4260.00161.33N/AN/A1026631
2020-04-24$9.96$7.5073.2%21.0%69.7%36.3%144.4%-141.8%36.4%2.1K-115.4K-4000.13156.99N/AN/A8126631
2020-04-27$10.36$7.50104.8%30.0%63.5%52.2%0.0%-119.5%3.2%1.3K-158.6K-3780.36153.05N/AN/A281026532
2020-04-28$10.50$7.5090.7%26.0%47.9%45.1%0.0%-80.8%64.0%3.2K-139.3K-3940.00158.74N/AN/A4028137
2020-04-29$10.98$7.50107.6%30.8%48.1%53.6%107.6%-15.6%-4.9%4.4K-193.3K-3480.00158.37N/AN/A27028537
2020-04-30$10.40$7.5085.8%24.6%53.1%42.6%0.0%-90.0%-47.3%1.4K-165.8K-3780.00167.62N/AN/A5027537