PSNL Options History — January 2022

In January 2022, PSNL traded between $10.03 and $14.21. ATM implied volatility averaged 100.6%, placing in the 26.0% IV rank vs the trailing year. The 30-day expected move averaged 29.2%. IV traded above realized volatility by 28.8% (HV 20d: 71.8%). Max pain ranged from $12.50 to $17.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 2.51.

Notable Days

  • 2022-01-10: Highest Volume — 315 contracts
  • 2022-01-13: Largest IV spike — 46.7% change
  • 2022-01-26: Highest IV Rank — 45.4%
  • 2022-01-26: Largest Expected Move — 38.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.67$10.03$14.21$14.21$11.28
Max Pain$13.75$12.50$17.50$17.50$12.50
ATM IV100.6%77.0%135.0%93.7%85.6%
Expected Move29.2%22.1%38.7%26.9%24.5%
HV 20d71.8%58.7%79.5%77.2%71.4%
HV 60d68.7%65.3%72.2%65.3%72.2%
IV Rank26.0%12.6%45.4%22.1%17.5%
IV Percentile63.7%21.0%98.4%51.6%37.7%
Term Structure-10.4%-79.4%19.0%-13.3%-5.2%
VWIV99.4%76.2%125.4%108.6%107.7%
Skew 25d23.4%-19.7%87.1%26.4%67.3%
Skew 10d55.5%-0.4%104.9%81.5%79.7%
Call IV 25d94.3%59.4%130.8%121.0%67.3%
Put IV 25d117.7%71.9%204.2%147.4%134.6%
Bid-Ask Spread %115.82104.20126.82113.26121.41
Gamma HHI0.210.150.300.260.19
Net GEX-2.1K-4.9K-222-2.5K-222
Net DEX281.4K114.2K437.8K215.4K129.1K
Net VEX-1.5K-2.4K-917-2.4K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.511.763.352.541.76
Total Volume261.15197315287215
Total OI1,378.858581,6461,607887

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$14.21$17.5093.7%26.9%77.2%22.1%108.6%26.4%-13.3%-2.5K215.4K-2.4K2.54113.26N/AN/A81206989618
2022-01-04$13.80$17.5093.9%26.9%76.1%22.2%78.6%-0.3%-1.6%-3.6K313.9K-2.0K2.96109.23N/AN/A722131,002619
2022-01-05$12.57$17.50129.5%37.1%77.3%42.3%125.2%8.9%-79.4%-1.8K302.6K-2.0K2.56104.20N/AN/A872231,002628
2022-01-06$12.16$12.5086.9%23.3%76.6%18.2%89.3%0.3%-3.4%-3.3K381.0K-1.7K2.75105.01N/AN/A792171,001638
2022-01-07$12.93$12.5081.9%28.5%78.9%15.4%102.2%-19.7%7.9%-3.5K327.0K-2.0K2.92108.99N/AN/A742161,004639
2022-01-10$13.03$12.5084.3%28.1%77.3%16.7%114.5%-13.3%8.7%-3.3K286.1K-2.2K2.18111.79N/AN/A992161,005641
2022-01-11$13.02$12.5088.9%24.4%76.9%19.3%85.5%-0.7%-20.9%-4.9K422.8K-1.5K2.49113.38N/AN/A87217978641
2022-01-12$12.27$12.5077.0%22.1%79.5%12.6%76.2%25.3%-14.9%-3.6K437.8K-1.4K2.47120.31N/AN/A87215978642
2022-01-13$11.82$12.50112.9%32.4%78.9%32.9%115.1%-1.3%0.4%-2.4K349.6K-1.6K3.35119.77N/AN/A65218979603
2022-01-14$12.15$15.0097.0%27.8%76.1%23.9%93.2%33.4%-4.9%-3.8K415.3K-1.3K3.35111.88N/AN/A65218980606
2022-01-18$11.12$15.00104.4%29.9%68.7%28.1%82.3%33.8%-10.6%-2.2K375.5K-1.3K2.90124.36N/AN/A63183981606
2022-01-19$10.75$15.00112.7%32.3%69.1%32.8%84.3%40.1%-12.8%-1.9K360.3K-1.2K2.97126.82N/AN/A63187982579
2022-01-20$10.62$15.00117.5%33.7%67.1%35.5%82.9%29.2%19.0%-1.5K289.8K-1.2K2.52116.40N/AN/A77194982509
2022-01-21$10.41$12.5091.7%26.3%66.0%20.9%100.5%44.4%-45.1%-595280.6K-1.1K2.47114.31N/AN/A79195995513
2022-01-24$10.35$12.5085.8%24.6%66.1%17.6%88.7%28.6%15.1%-645140.9K-1.1K2.15118.18N/AN/A65140490368
2022-01-25$10.50$12.50115.6%33.1%64.8%34.4%116.3%16.1%-32.5%-423130.7K-1.2K1.98119.86N/AN/A66131492376
2022-01-26$10.24$12.50135.0%38.7%64.8%45.4%125.4%87.1%-17.0%-491114.2K-1.1K1.97123.71N/AN/A67132493377
2022-01-27$10.03$12.50113.0%32.4%64.8%33.0%121.3%35.9%0.4%-727172.2K-9421.94118.75N/AN/A70136503367
2022-01-28$10.21$12.50104.8%30.1%58.7%28.4%90.1%26.3%1.5%-702183.6K-9171.97114.74N/AN/A69136512372
2022-01-31$11.28$12.5085.6%24.5%71.4%17.5%107.7%67.3%-5.2%-222129.1K-1.2K1.76121.41N/AN/A78137515372