PSNL Options History — September 2020

In September 2020, PSNL traded between $20.24 and $23.98. ATM implied volatility averaged 76.1%, placing in the 35.8% IV rank vs the trailing year. The 30-day expected move averaged 21.8%. IV traded above realized volatility by 15.0% (HV 20d: 61.2%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.40.

Notable Days

  • 2020-09-22: Highest Volume — 596 contracts
  • 2020-09-23: Largest IV spike — 32.2% change
  • 2020-09-11: Highest IV Rank — 46.9%
  • 2020-09-11: Largest Expected Move — 28.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.09$20.24$23.98$22.98$21.68
Max Pain$20.24$20.00$22.50$22.50$20.00
ATM IV76.1%55.0%99.5%89.9%55.0%
Expected Move21.8%15.8%28.5%25.8%15.8%
HV 20d61.2%54.3%72.3%67.2%55.0%
HV 60d69.9%68.0%72.7%71.5%68.3%
IV Rank35.8%25.8%46.9%42.3%25.8%
IV Percentile28.6%14.7%51.4%39.8%14.7%
Term Structure21.7%-14.8%54.4%19.9%46.6%
VWIV77.7%54.6%101.9%75.6%64.0%
Skew 25d12.6%-17.1%76.0%-16.1%15.0%
Skew 10d27.4%-78.4%107.7%-34.7%23.3%
Call IV 25d77.4%57.4%108.9%107.0%63.3%
Put IV 25d89.9%68.6%146.7%90.9%78.4%
Bid-Ask Spread %114.42103.86124.17114.87123.99
Gamma HHI0.350.260.450.340.45
Net GEX29.8K13.1K46.9K23.5K46.8K
Net DEX-1.4M-2.6M-760.2K-1.9M-1.3M
Net VEX-5.5K-6.7K-4.7K-6.6K-4.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.002.230.111.50
Total Volume130.52465964250
Total OI2,435.9051,9942,9962,5392,126

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$22.98$22.5089.9%25.8%67.2%42.3%75.6%-16.1%19.9%23.5K-1.9M-6.6K0.11114.87N/AN/A3841,764775
2020-09-02$22.99$22.5082.8%23.7%66.8%38.9%77.2%-17.1%43.4%23.5K-1.9M-6.7K0.01114.58N/AN/A16421,750777
2020-09-03$21.59$20.0090.2%25.1%70.6%42.4%83.4%13.0%18.0%25.7K-1.6M-6.5K0.48112.24N/AN/A93451,814778
2020-09-04$21.03$20.0074.8%21.0%71.1%35.2%76.8%-12.8%25.1%22.0K-980.7K-5.8K0.51108.99N/AN/A57291,725801
2020-09-08$20.24$20.0079.2%23.3%72.3%37.3%101.9%3.0%29.8%16.8K-854.3K-5.4K0.84121.00N/AN/A38321,724847
2020-09-09$20.26$20.0078.2%22.4%72.1%36.8%0.0%64.5%3.0%13.9K-760.2K-5.2K0.20122.45N/AN/A511,724879
2020-09-10$20.85$20.0081.4%23.3%61.7%38.3%83.1%-1.8%26.3%19.4K-906.3K-5.3K0.00114.67N/AN/A4201,725880
2020-09-11$20.81$20.0099.5%28.5%59.8%46.9%79.1%10.0%5.1%13.1K-832.8K-5.1K0.07120.20N/AN/A4431,725880
2020-09-14$21.85$20.0081.3%23.3%61.8%38.3%83.9%67.1%4.2%18.6K-1.2M-5.0K0.00116.50N/AN/A7701,743880
2020-09-15$22.05$20.0083.0%23.8%56.2%39.0%80.8%2.3%21.7%24.2K-1.5M-5.0K0.11113.45N/AN/A125141,760880
2020-09-16$23.58$20.0094.5%27.1%60.4%44.5%82.4%76.0%-14.8%39.5K-2.1M-5.2K0.02110.51N/AN/A58191,769894
2020-09-17$22.88$20.0093.6%26.8%56.5%44.1%84.1%13.6%7.3%25.6K-2.0M-5.8K0.73111.44N/AN/A90662,040901
2020-09-18$23.98$20.0069.8%20.0%59.1%32.8%78.6%18.2%12.8%36.0K-2.6M-5.6K0.29103.86N/AN/A138402,085911
2020-09-21$23.77$20.0077.3%22.2%59.1%36.3%95.4%-11.4%11.6%35.5K-1.9M-5.5K2.23111.40N/AN/A40891,515479
2020-09-22$23.77$20.0056.5%16.2%54.3%26.5%74.1%3.9%19.6%39.1K-1.9M-5.7K0.00106.24N/AN/A59601,543567
2020-09-23$22.44$20.0074.7%21.4%56.6%35.1%74.6%-5.4%32.2%37.3K-1.5M-5.4K0.16110.98N/AN/A64101,499567
2020-09-24$21.67$20.0061.0%17.5%56.9%28.6%70.0%6.5%29.1%37.6K-1.2M-5.2K0.79118.35N/AN/A14111,520585
2020-09-25$21.41$20.0056.8%16.3%56.2%26.6%54.6%16.3%38.6%40.5K-1.2M-5.0K0.29124.17N/AN/A52151,513588
2020-09-28$21.82$20.0058.5%16.8%56.0%27.5%70.6%6.9%21.1%40.5K-1.1M-4.9K0.00114.31N/AN/A3201,506600
2020-09-29$22.19$20.0060.7%17.4%54.6%28.5%63.9%11.8%54.4%46.9K-1.2M-4.8K0.03108.67N/AN/A3011,515600
2020-09-30$21.68$20.0055.0%15.8%55.0%25.8%64.0%15.0%46.6%46.8K-1.3M-4.7K1.50123.99N/AN/A20301,525601