PSNL Options History — August 2020

In August 2020, PSNL traded between $17.97 and $23.91. ATM implied volatility averaged 93.0%, placing in the 43.8% IV rank vs the trailing year. The 30-day expected move averaged 25.3%. IV traded above realized volatility by 8.2% (HV 20d: 84.7%). Max pain ranged from $10.00 to $22.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.37.

Notable Days

  • 2020-08-27: Highest Volume — 773 contracts
  • 2020-08-11: Largest IV spike — 88.2% change
  • 2020-08-11: Highest IV Rank — 59.5%
  • 2020-08-03: Largest Expected Move — 33.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.55$17.97$23.91$17.97$22.72
Max Pain$18.21$10.00$22.50$10.00$20.00
ATM IV93.0%67.0%126.1%116.0%90.4%
Expected Move25.3%18.7%33.3%33.3%25.9%
HV 20d84.7%55.7%91.3%55.7%89.6%
HV 60d83.0%71.5%86.4%79.6%71.5%
IV Rank43.8%31.5%59.5%54.7%42.5%
IV Percentile42.8%20.0%75.1%65.6%40.9%
Term Structure4.3%-31.4%36.1%-31.4%8.9%
VWIV85.7%61.2%99.3%90.4%85.7%
Skew 25d-1.0%-67.8%93.7%41.0%12.9%
Skew 10d2.3%-100.4%117.1%-82.5%57.1%
Call IV 25d92.1%54.0%130.8%74.9%79.5%
Put IV 25d91.1%63.0%147.8%115.9%92.4%
Bid-Ask Spread %114.64101.88135.03134.21102.54
Gamma HHI0.360.200.580.230.47
Net GEX10.5K48628.9K48615.5K
Net DEX-857.4K-1.7M-149.8K-149.8K-1.7M
Net VEX-2.8K-7.0K-393-393-6.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.001.630.001.63
Total Volume193.0481577315137
Total OI1,137.3331832,4891832,212

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$17.97$10.00116.0%33.3%55.7%54.7%0.0%41.0%-31.4%486-149.8K-3930.00134.21N/AN/A15012954
2020-08-04$21.31$10.0083.2%23.9%78.7%39.1%90.4%-67.8%-15.3%502-237.3K-4080.50108.87N/AN/A1698514454
2020-08-05$21.83$10.0099.7%28.6%78.4%46.9%89.9%10.8%-5.6%2.4K-336.9K-9920.35126.26N/AN/A6623286135
2020-08-06$21.66$22.50106.7%24.4%79.0%50.3%80.7%-23.5%-3.4%3.8K-414.7K-1.2K0.15117.03N/AN/A406363161
2020-08-07$21.35$22.50101.9%23.3%79.1%48.0%89.1%-6.7%0.6%5.7K-405.8K-1.3K0.04121.75N/AN/A522381167
2020-08-10$21.45$22.5067.0%18.7%79.3%31.5%61.2%-9.9%7.9%7.6K-464.5K-1.2K0.06121.28N/AN/A1268396165
2020-08-11$21.13$20.00126.1%20.6%80.0%59.5%83.7%8.4%3.2%10.7K-521.8K-1.5K0.04135.03N/AN/A281508147
2020-08-12$19.02$20.00110.8%31.8%87.0%52.2%95.2%1.6%-3.4%5.1K-323.3K-1.4K0.38118.60N/AN/A23389517177
2020-08-13$19.90$17.5085.8%24.6%88.1%40.4%84.9%-8.5%36.1%9.1K-565.3K-2.1K1.15115.27N/AN/A130149724255
2020-08-14$20.27$17.5088.2%25.3%88.1%41.5%62.3%-17.3%17.2%11.5K-660.4K-2.8K0.32124.99N/AN/A7925813402
2020-08-17$21.81$17.5097.5%28.0%89.7%45.9%96.2%-9.1%-20.4%20.0K-1.1M-2.9K0.67112.74N/AN/A9765883400
2020-08-18$22.39$20.0085.1%24.4%88.2%40.0%90.7%-9.7%8.7%23.7K-1.2M-3.2K0.06116.24N/AN/A25314956465
2020-08-19$23.91$17.5085.3%24.4%89.6%40.1%72.6%0.9%26.5%28.9K-1.6M-2.8K0.04113.80N/AN/A29112937455
2020-08-20$23.72$17.5083.5%23.9%89.6%39.3%76.8%-23.1%-10.1%8.9K-1.6M-3.2K0.05115.24N/AN/A14681,009466
2020-08-21$23.50$17.5088.9%25.5%87.4%41.8%83.9%93.7%-10.2%9.8K-1.6M-3.4K0.32108.95N/AN/A157501,034469
2020-08-24$22.09$20.0081.2%23.3%89.4%38.2%90.6%-7.7%31.0%8.2K-836.8K-3.5K0.68102.58N/AN/A10773831436
2020-08-25$21.24$20.0076.3%21.9%91.2%35.9%88.1%-17.8%1.4%7.4K-808.0K-3.8K1.23102.10N/AN/A125154913507
2020-08-26$21.96$20.0092.6%26.6%90.9%43.6%98.6%19.0%4.1%7.0K-915.6K-4.7K0.03101.88N/AN/A2037995647
2020-08-27$21.38$20.0096.6%27.7%91.3%45.5%99.3%-26.5%15.5%10.5K-931.4K-5.0K0.11102.48N/AN/A699741,148654
2020-08-28$21.90$20.0089.0%25.5%89.5%41.9%93.5%17.8%28.7%23.2K-1.7M-7.0K0.06105.71N/AN/A5331,773716
2020-08-31$22.72$20.0090.4%25.9%89.6%42.5%85.7%12.9%8.9%15.5K-1.7M-6.2K1.63102.54N/AN/A52851,493719