PSNL Options History — March 2021

In March 2021, PSNL traded between $20.62 and $32.97. ATM implied volatility averaged 106.7%, placing in the 50.2% IV rank vs the trailing year. The 30-day expected move averaged 30.6%. IV traded above realized volatility by 10.6% (HV 20d: 96.1%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 7 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 0.96.

Notable Days

  • 2021-03-03: Highest Volume — 942 contracts
  • 2021-03-08: Largest IV spike — 24.5% change
  • 2021-03-08: Highest IV Rank — 63.4%
  • 2021-03-08: Largest Expected Move — 34.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.40$20.62$32.97$32.97$24.75
Max Pain$30.65$30.00$35.00$35.00$30.00
ATM IV106.7%96.5%134.4%110.6%99.9%
Expected Move30.6%27.9%34.5%31.7%28.6%
HV 20d96.1%77.8%107.1%77.8%106.2%
HV 60d92.6%89.3%96.5%89.3%96.5%
IV Rank50.2%45.4%63.4%52.1%47.0%
IV Percentile71.5%56.3%94.4%78.6%61.5%
Term Structure0.8%-18.9%15.8%2.8%-1.0%
VWIV103.4%92.1%119.9%104.1%96.5%
Skew 25d7.2%-4.7%29.2%10.3%10.5%
Skew 10d9.3%-22.3%53.2%15.7%17.9%
Call IV 25d102.1%87.0%112.6%98.4%95.4%
Put IV 25d109.3%98.5%137.6%108.6%105.9%
Bid-Ask Spread %82.0873.7394.4579.5784.30
Gamma HHI0.350.130.980.220.13
Net GEX-51.5K-978.4K49.9K49.9K340
Net DEX805.3K-1.6M2.2M-1.6M463.6K
Net VEX-11.1K-17.8K-7.6K-17.8K-9.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.960.118.710.300.29
Total Volume220.95754942140347
Total OI6,167.3042,9737,9877,0133,495

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$32.97$35.00110.6%31.7%77.8%52.1%104.1%10.3%2.8%49.9K-1.6M-17.8K0.3079.57N/AN/A108325,6041,409
2021-03-02$31.15$35.00117.5%33.7%78.0%55.4%116.8%17.2%15.8%30.0K-805.4K-16.0K0.2887.16N/AN/A86245,5601,431
2021-03-03$27.92$35.00112.9%32.4%80.5%53.2%108.8%-4.3%9.8%11.4K331.5K-13.0K8.7194.45N/AN/A978455,5751,433
2021-03-04$25.36$30.0096.5%31.1%83.4%45.4%110.3%-1.5%6.5%-38.1K1.9M-12.4K0.3587.72N/AN/A135475,5942,203
2021-03-05$23.91$30.00108.0%32.7%84.2%50.9%108.2%2.3%-7.7%-30.1K2.2M-11.4K1.9581.47N/AN/A2104095,6732,202
2021-03-08$22.22$30.00134.4%34.5%82.5%63.4%119.9%29.2%-10.8%-17.7K2.0M-10.2K0.8475.12N/AN/A1711435,7122,089
2021-03-09$24.39$30.00115.2%32.5%91.4%54.3%104.5%20.4%-9.8%-25.0K1.8M-11.6K0.1478.57N/AN/A244355,7112,171
2021-03-10$25.03$30.00109.0%31.2%92.9%51.3%107.3%3.2%5.9%-22.8K1.4M-12.1K0.1783.06N/AN/A76135,7662,177
2021-03-11$27.38$30.00117.3%33.6%101.3%55.3%101.6%15.4%-18.9%-21.2K863.8K-13.1K0.1185.65N/AN/A176205,8092,178
2021-03-12$26.99$30.00111.5%32.0%101.1%52.5%107.2%4.8%-7.8%-21.1K852.4K-12.9K0.2780.15N/AN/A77215,7692,178
2021-03-15$28.06$30.0099.3%28.5%98.8%46.8%102.3%6.3%0.5%-20.6K380.2K-12.4K0.2573.73N/AN/A51135,7952,139
2021-03-16$27.88$30.00100.2%28.7%98.9%47.2%98.4%0.5%2.3%-21.4K453.3K-12.3K0.3080.00N/AN/A82255,7942,144
2021-03-17$27.62$30.00100.6%28.9%98.8%47.4%103.9%5.4%0.1%16.1K239.7K-10.8K0.4084.40N/AN/A99405,7662,130
2021-03-18$24.60$30.00104.9%30.1%104.6%49.4%104.9%1.8%-0.6%-87.6K1.9M-9.7K1.8879.09N/AN/A40755,7682,130
2021-03-19$25.09$30.00101.9%29.2%105.7%48.0%100.9%4.9%1.0%-978.4K1.0M-9.5K0.2076.37N/AN/A275545,7742,099
2021-03-22$25.90$30.00105.8%30.3%102.1%49.8%98.7%2.4%2.6%7.5K201.8K-9.7K0.6085.14N/AN/A141841,8201,153
2021-03-23$23.66$30.00100.6%28.8%105.5%47.4%95.7%10.2%13.8%4.8K440.2K-9.4K0.9482.91N/AN/A31291,8861,227
2021-03-24$21.99$30.0097.2%27.9%105.8%45.7%92.1%-4.7%13.2%-481798.0K-8.2K2.5882.11N/AN/A842171,8781,251
2021-03-25$22.15$30.0099.4%28.5%102.7%46.8%92.3%9.4%1.2%-4.7K898.8K-8.3K0.1578.84N/AN/A4771,9461,353
2021-03-26$21.74$30.00103.1%29.5%102.7%48.5%99.7%5.8%1.1%-5.2K967.9K-8.1K0.3075.90N/AN/A60181,9711,358
2021-03-29$20.62$30.00104.3%29.9%98.5%49.1%99.6%17.3%-5.6%-5.6K1.0M-7.6K0.2584.19N/AN/A53131,9761,374
2021-03-30$22.84$30.00103.6%29.7%107.1%48.8%104.5%-0.9%3.2%-4.2K775.6K-8.6K0.7887.98N/AN/A1281001,9931,384
2021-03-31$24.75$30.0099.9%28.6%106.2%47.0%96.5%10.5%-1.0%340463.6K-9.6K0.2984.30N/AN/A269782,0231,472