PSNL Options History — February 2021

In February 2021, PSNL traded between $30.86 and $42.69. ATM implied volatility averaged 108.2%, placing in the 51.0% IV rank vs the trailing year. The 30-day expected move averaged 32.0%. IV traded above realized volatility by 14.9% (HV 20d: 93.2%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.60.

Notable Days

  • 2021-02-05: Highest Volume — 1,035 contracts
  • 2021-02-10: Largest IV spike — 27.0% change
  • 2021-02-17: Highest IV Rank — 58.9%
  • 2021-02-17: Largest Expected Move — 35.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.22$30.86$42.69$40.30$30.86
Max Pain$38.42$35.00$40.00$40.00$35.00
ATM IV108.2%94.3%124.9%97.3%107.0%
Expected Move32.0%27.1%35.8%27.9%30.7%
HV 20d93.2%73.6%102.8%100.6%73.6%
HV 60d90.7%86.3%93.5%91.8%88.4%
IV Rank51.0%44.4%58.9%45.8%50.4%
IV Percentile74.1%55.2%89.7%63.9%73.4%
Term Structure-0.5%-30.5%20.4%-3.0%16.7%
VWIV106.7%81.1%122.9%105.4%108.1%
Skew 25d7.2%-10.2%55.8%4.9%-2.6%
Skew 10d-4.3%-57.3%33.1%25.4%17.6%
Call IV 25d103.5%71.9%117.9%96.8%112.8%
Put IV 25d110.7%94.5%127.7%101.7%110.1%
Bid-Ask Spread %78.1265.6691.7091.7081.47
Gamma HHI0.310.180.470.370.18
Net GEX217.5K30.8K347.4K222.3K30.8K
Net DEX-7.2M-12.6M-827.5K-9.2M-827.5K
Net VEX-28.1K-37.9K-17.1K-33.4K-17.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.072.760.072.76
Total Volume408.4741711,035225297
Total OI7,981.0536,0529,2337,2007,056

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$40.30$40.0097.3%27.9%100.6%45.8%105.4%4.9%-3.0%222.3K-9.2M-33.4K0.0791.70N/AN/A211146,210990
2021-02-02$42.69$40.0094.5%27.1%99.3%44.5%95.3%-0.8%15.9%257.8K-11.0M-34.2K0.2391.51N/AN/A139326,2751,002
2021-02-03$39.99$40.0095.2%27.3%102.8%44.8%107.1%-8.4%20.4%233.6K-9.5M-32.2K0.4890.16N/AN/A4702266,2711,000
2021-02-04$39.53$40.00103.4%35.1%99.5%48.7%122.9%11.7%-15.8%238.7K-9.2M-34.3K0.3971.33N/AN/A5392086,7421,052
2021-02-05$41.02$40.0094.6%30.2%97.2%44.5%108.6%16.4%16.9%277.9K-10.7M-36.7K0.3778.90N/AN/A7532827,0571,232
2021-02-08$42.19$40.0094.3%31.2%96.9%44.4%100.4%9.0%20.1%307.8K-12.6M-37.9K0.1874.17N/AN/A282507,3031,469
2021-02-09$40.19$40.0097.7%34.6%98.0%46.0%106.3%16.0%-1.8%283.1K-9.5M-34.3K0.1077.86N/AN/A314327,3501,493
2021-02-10$39.36$35.00124.1%35.6%97.3%58.5%113.9%11.2%-0.6%278.0K-9.4M-33.3K0.0972.65N/AN/A158147,2681,498
2021-02-11$37.92$35.00104.4%29.9%97.1%49.2%81.1%55.8%15.0%254.9K-6.6M-28.3K0.3583.26N/AN/A213757,2701,501
2021-02-12$40.41$35.00110.2%31.6%97.3%51.9%103.7%2.1%-2.0%314.5K-9.3M-31.3K0.1365.66N/AN/A193267,3401,572
2021-02-16$39.86$40.00122.2%35.0%97.0%57.6%117.1%16.2%-20.0%295.7K-9.0M-28.5K0.3476.80N/AN/A129447,4121,586
2021-02-17$39.69$40.00124.9%35.8%89.9%58.9%114.4%-1.3%-14.8%334.6K-7.9M-26.7K0.7876.09N/AN/A4133237,4331,533
2021-02-18$39.28$40.00123.4%35.4%86.1%58.1%110.4%1.1%-12.6%347.4K-7.7M-26.4K0.2367.70N/AN/A281667,6451,553
2021-02-19$38.72$40.00113.6%32.6%85.0%53.5%100.8%21.2%3.9%162.2K-5.3M-24.2K0.3676.68N/AN/A223817,7101,523
2021-02-22$34.75$40.00118.2%33.9%91.5%55.7%107.4%-6.0%-30.5%101.4K-3.5M-18.7K1.2269.38N/AN/A2503065,352700
2021-02-23$33.59$40.00109.8%31.5%91.7%51.7%106.8%3.0%-7.2%69.9K-2.3M-17.5K1.2173.72N/AN/A2733305,490994
2021-02-24$34.52$35.00108.2%31.0%88.5%51.0%108.0%-2.5%-11.7%78.4K-2.6M-21.1K0.2780.75N/AN/A164455,5601,296
2021-02-25$31.39$35.00112.4%32.2%82.0%52.9%108.8%-10.2%2.2%44.2K-1.2M-17.7K1.7584.53N/AN/A1111945,5901,312
2021-02-26$30.86$35.00107.0%30.7%73.6%50.4%108.1%-2.6%16.7%30.8K-827.5K-17.1K2.7681.47N/AN/A792185,6081,448