PSNL Options History — February 2023

In February 2023, PSNL traded between $2.57 and $4.16. ATM implied volatility averaged 126.3%, placing in the 18.6% IV rank vs the trailing year. The 30-day expected move averaged 35.1%. IV traded below realized volatility by 5.1% (HV 20d: 131.4%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.13.

Notable Days

  • 2023-02-03: Highest Volume — 2,208 contracts
  • 2023-02-24: Largest IV spike — 61.6% change
  • 2023-02-24: Highest IV Rank — 34.5%
  • 2023-02-24: Largest Expected Move — 55.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.37$2.57$4.16$2.57$3.04
Max Pain$4.47$2.50$5.00$2.50$5.00
ATM IV126.3%81.6%192.1%114.0%165.9%
Expected Move35.1%23.4%55.1%32.7%47.6%
HV 20d131.4%89.9%141.8%89.9%133.5%
HV 60d115.0%104.4%119.6%104.4%113.5%
IV Rank18.6%7.8%34.5%15.6%28.2%
IV Percentile46.0%13.1%79.8%40.1%71.4%
Term Structure-0.9%-195.8%202.0%25.4%-19.4%
VWIV111.5%62.6%190.7%62.6%127.2%
Bid-Ask Spread %92.1258.16125.54125.5492.55
Gamma HHI0.630.500.750.710.75
Net GEX2.7K2664.9K6132.4K
Net DEX-83.3K-235.3K23.5K-19.0K-20.2K
Net VEX-808-1.2K-107-107-662
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.130.001.000.000.00
Total Volume29012,208143
Total OI2,306.4212673,1692672,632

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$2.57$2.50114.0%32.7%89.9%15.6%62.6%0.0%25.4%613-19.0K-1070.00125.54N/AN/A14023730
2023-02-02$2.99$2.50142.3%52.2%100.3%22.5%0.0%0.0%-195.8%266-39.5K-1170.00110.39N/AN/A33024330
2023-02-03$3.88$2.50171.1%38.4%132.6%29.4%148.0%0.0%-18.1%353-60.9K-1700.1180.90N/AN/A1,98921927630
2023-02-06$3.98$2.50131.3%30.6%132.6%19.8%119.3%0.0%-22.5%2.5K-184.7K-9920.1271.98N/AN/A9871171,606230
2023-02-07$4.16$5.00152.2%29.5%132.7%24.9%101.2%0.0%2.0%4.9K-235.3K-1.1K0.0083.81N/AN/A66001,726256
2023-02-08$3.74$5.00119.0%34.1%140.9%16.8%92.5%0.0%-9.0%3.3K-164.4K-9980.2585.68N/AN/A5201311,940265
2023-02-09$3.60$5.0092.3%26.5%141.8%10.4%106.6%0.0%-16.6%3.3K-129.4K-1.1K0.2377.18N/AN/A4371012,240395
2023-02-10$3.54$5.0088.2%25.3%141.1%9.4%138.5%0.0%-14.6%3.7K-122.1K-1.2K0.00118.73N/AN/A4302,673496
2023-02-13$3.47$5.00117.7%33.7%141.3%16.5%0.0%0.0%-25.9%3.5K-103.0K-1.1K1.00116.86N/AN/A662,641496
2023-02-14$3.42$5.00146.7%42.1%138.8%23.5%0.0%0.0%75.3%3.6K-82.2K-1.0K0.0092.32N/AN/A3002,637491
2023-02-15$3.50$5.00108.8%31.2%134.3%14.4%130.0%0.0%-14.5%3.6K-72.8K-1.0K0.1771.82N/AN/A612,587491
2023-02-16$3.52$5.00114.3%32.8%126.1%15.7%66.7%0.0%-27.4%3.7K-69.0K-9980.1990.44N/AN/A106202,588490
2023-02-17$3.34$5.0081.6%23.4%128.6%7.8%0.0%0.0%32.0%3.0K-27.7K-7950.00102.52N/AN/A202,609470
2023-02-21$3.01$5.00116.6%33.4%135.3%16.2%77.6%0.0%-129.6%1.8K23.5K-5000.0990.54N/AN/A3532,223357
2023-02-22$3.17$5.00115.9%33.2%136.0%16.1%88.3%0.0%181.6%2.8K-105.9K-9640.00103.63N/AN/A902,244354
2023-02-23$3.13$5.00118.9%34.1%136.3%16.8%0.0%0.0%202.0%3.0K-47.3K-8340.0058.16N/AN/A102,251354
2023-02-24$2.94$5.00192.1%55.1%137.8%34.5%190.7%0.0%-81.1%2.6K-92.4K-8870.0088.98N/AN/A0212,252354
2023-02-27$3.01$5.00111.0%31.8%136.5%14.9%127.2%0.0%39.5%2.5K-29.7K-6720.2588.32N/AN/A822,252376
2023-02-28$3.04$5.00165.9%47.6%133.5%28.2%0.0%0.0%-19.4%2.4K-20.2K-6620.0092.55N/AN/A302,255377