PSNL Options History — November 2020

In November 2020, PSNL traded between $24.46 and $31.10. ATM implied volatility averaged 91.3%, placing in the 43.0% IV rank vs the trailing year. The 30-day expected move averaged 26.3%. IV traded above realized volatility by 12.0% (HV 20d: 79.2%). Max pain ranged from $20.00 to $30.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.28.

Notable Days

  • 2020-11-23: Highest Volume — 970 contracts
  • 2020-11-12: Largest IV spike — 34.7% change
  • 2020-11-23: Highest IV Rank — 50.5%
  • 2020-11-23: Largest Expected Move — 30.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.33$24.46$31.10$24.46$27.47
Max Pain$26.25$20.00$30.00$25.00$25.00
ATM IV91.3%67.5%107.1%89.1%89.5%
Expected Move26.3%19.3%30.7%25.5%25.7%
HV 20d79.2%66.7%95.9%88.6%92.4%
HV 60d75.1%70.5%82.1%73.5%80.9%
IV Rank43.0%31.7%50.5%41.9%42.1%
IV Percentile52.4%21.0%75.4%46.4%47.6%
Term Structure1.1%-33.8%38.0%-19.9%28.7%
VWIV83.5%55.8%106.6%87.9%90.4%
Skew 25d12.0%-23.5%54.0%17.1%25.4%
Skew 10d0.7%-85.7%63.3%-36.2%-78.8%
Call IV 25d97.8%68.9%125.0%87.3%85.2%
Put IV 25d109.8%84.9%157.2%104.4%110.6%
Bid-Ask Spread %109.8281.26137.95111.51102.64
Gamma HHI0.450.270.760.310.27
Net GEX25.6K12.5K55.5K18.1K15.0K
Net DEX-1.7M-3.2M-936.4K-936.4K-1.4M
Net VEX-4.5K-7.1K-3.8K-3.8K-5.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.001.590.050.45
Total Volume185.3797039113
Total OI1,849.151,2932,4471,5432,022

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$24.46$25.0089.1%25.5%88.6%41.9%87.9%17.1%-19.9%18.1K-936.4K-3.8K0.05111.51N/AN/A3721,039504
2020-11-03$26.48$25.00102.2%29.3%76.4%48.1%80.0%38.0%-33.8%22.0K-1.3M-3.8K0.00103.31N/AN/A3501,039504
2020-11-04$26.19$25.0090.3%25.9%75.5%42.5%86.7%32.7%-5.4%24.9K-1.4M-4.1K0.17112.67N/AN/A611,099505
2020-11-05$26.82$22.5085.9%25.0%76.2%40.4%79.1%-0.1%3.4%28.3K-1.5M-4.1K0.63132.08N/AN/A75471,099505
2020-11-06$26.30$30.0079.5%27.6%72.4%37.4%0.0%-0.4%-2.6%26.3K-1.4M-4.0K0.77124.22N/AN/A119921,138539
2020-11-09$25.44$30.0084.7%24.9%66.7%39.9%58.1%-23.5%-0.5%16.1K-1.1M-3.9K0.09122.16N/AN/A4541,074605
2020-11-10$26.20$30.0092.6%24.3%67.2%43.6%87.2%-21.2%22.2%18.1K-1.2M-4.2K1.59137.95N/AN/A39621,091619
2020-11-11$29.31$30.0067.5%19.3%74.1%31.7%66.2%29.0%14.9%24.3K-2.0M-4.0K0.14108.82N/AN/A116161,117681
2020-11-12$28.88$30.0090.9%26.0%74.1%42.8%85.1%7.2%-18.1%28.5K-1.9M-4.3K0.08128.10N/AN/A9981,181692
2020-11-13$29.41$30.0093.1%26.7%74.2%43.8%0.0%-7.9%-23.6%28.5K-2.1M-4.3K0.00117.03N/AN/A2401,190697
2020-11-16$27.49$30.00102.6%29.4%76.9%48.3%76.3%14.1%-14.6%23.7K-1.7M-3.8K0.14109.71N/AN/A103141,186697
2020-11-17$27.94$30.0094.8%27.2%76.1%44.6%106.6%11.3%-17.2%12.5K-1.7M-3.8K0.00121.95N/AN/A12501,226709
2020-11-18$28.83$22.5084.1%24.1%70.3%39.6%55.8%-17.4%38.0%43.3K-2.1M-4.1K0.40112.42N/AN/A83331,276709
2020-11-19$29.05$22.5092.0%26.4%69.8%43.3%85.8%25.5%-15.6%55.5K-2.2M-4.1K0.00111.67N/AN/A4101,299741
2020-11-20$31.10$22.5085.1%24.4%72.9%40.0%88.1%5.3%2.9%14.3K-3.2M-4.3K0.0492.35N/AN/A501191,329741
2020-11-23$26.30$20.00107.1%30.7%95.7%50.5%100.4%45.6%19.8%14.4K-1.3M-4.2K0.2793.08N/AN/A766204893400
2020-11-24$25.40$25.0096.3%27.6%94.6%45.3%82.4%54.0%33.1%33.3K-1.7M-5.8K0.5081.26N/AN/A2841411,476566
2020-11-25$26.22$25.00105.8%30.3%94.8%49.8%95.1%0.8%-11.2%28.6K-1.6M-7.1K0.0587.55N/AN/A201101,662686
2020-11-27$27.31$25.0092.5%26.5%95.9%43.5%91.9%5.1%22.2%35.6K-1.8M-7.1K0.3285.91N/AN/A182591,761686
2020-11-30$27.47$25.0089.5%25.7%92.4%42.1%90.4%25.4%28.7%15.0K-1.4M-5.9K0.45102.64N/AN/A78351,298724