PSNL Options History — March 2023

In March 2023, PSNL traded between $2.38 and $3.19. ATM implied volatility averaged 113.6%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 29.4%. IV traded above realized volatility by 7.4% (HV 20d: 106.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 2.71.

Notable Days

  • 2023-03-16: Highest Volume — 118 contracts
  • 2023-03-20: Largest IV spike — 164.7% change
  • 2023-03-02: Highest IV Rank — 39.1%
  • 2023-03-02: Largest Expected Move — 60.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.74$2.38$3.19$2.67$2.75
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV113.6%72.5%211.1%144.8%98.4%
Expected Move29.4%13.1%60.5%41.5%28.2%
HV 20d106.3%82.8%142.6%142.6%101.0%
HV 60d112.1%108.7%118.4%115.6%110.1%
IV Rank15.5%5.6%39.1%23.1%11.8%
IV Percentile34.7%6.7%85.3%59.1%28.6%
Term Structure4.3%-249.2%305.7%-53.5%138.9%
VWIV114.1%78.7%180.2%139.9%96.0%
Bid-Ask Spread %87.3647.61128.0486.81103.35
Gamma HHI0.660.460.860.770.51
Net GEX1.0K4502.2K1.3K841
Net DEX25.1K-14.2K66.6K43.5K-9.6K
Net VEX-303-603-143-359-289
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.710.0020.003.140.00
Total Volume21.5220118299
Total OI2,350.6091,9142,7712,6311,949

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$2.67$5.00144.8%41.5%142.6%23.1%139.9%0.0%-53.5%1.3K43.5K-3593.1486.81N/AN/A7222,254377
2023-03-02$2.62$5.00211.1%60.5%139.1%39.1%0.0%0.0%-167.0%1.1K-10.8K-4050.00113.28N/AN/A302,255395
2023-03-03$2.79$5.00112.6%32.3%129.6%15.3%124.3%0.0%110.3%2.0K-14.2K-6030.1449.44N/AN/A3652,257395
2023-03-06$2.95$5.0094.7%22.8%88.0%10.9%114.9%0.0%-17.6%1.6K39.4K-4190.0080.43N/AN/A602,272395
2023-03-07$3.01$5.00140.1%57.3%87.7%21.9%105.7%0.0%-249.2%2.2K6.0K-5630.0090.20N/AN/A3302,277395
2023-03-08$3.19$5.00125.3%19.5%89.0%18.3%103.2%0.0%21.3%1.4K44.4K-3750.0074.17N/AN/A102,268395
2023-03-09$3.06$5.00128.0%19.0%82.8%19.0%78.7%0.0%-17.2%1.1K38.3K-3710.0091.34N/AN/A1302,269395
2023-03-10$2.56$5.00107.6%13.1%101.9%14.1%180.2%0.0%76.9%77756.6K-2612.21114.41N/AN/A14312,264395
2023-03-13$2.79$5.00197.9%31.4%108.2%35.9%0.0%0.0%-71.3%1.2K49.3K-33520.00128.04N/AN/A1202,257421
2023-03-14$2.91$5.00109.8%21.8%109.9%14.6%0.0%0.0%305.7%1.2K48.1K-3120.0091.71N/AN/A002,256421
2023-03-15$2.79$5.0073.0%20.9%110.5%5.7%0.0%0.0%2.4%81265.8K-2020.0075.20N/AN/A1002,256421
2023-03-16$2.85$5.00108.5%31.1%110.4%14.3%0.0%0.0%0.0%1.4K50.0K-3248.0876.10N/AN/A131052,246421
2023-03-17$2.74$5.0072.5%20.8%110.7%5.6%0.0%0.0%10.2%75766.6K-20915.00104.65N/AN/A2302,245526
2023-03-20$2.66$5.00191.8%55.0%109.9%34.4%0.0%0.0%-179.8%1.1K3.4K-2710.00107.80N/AN/A501,745186
2023-03-21$2.81$5.0087.6%25.1%106.6%9.2%0.0%0.0%8.1%613-3.0K-2720.0052.41N/AN/A001,750186
2023-03-22$2.75$5.0081.2%23.3%104.7%7.7%0.0%0.0%148.8%8857.4K-2510.0094.17N/AN/A001,750186
2023-03-23$2.71$5.00101.9%29.2%104.7%12.7%0.0%0.0%-8.7%93312.0K-2430.1747.61N/AN/A1831,750186
2023-03-24$2.61$5.0083.6%24.0%103.3%8.3%83.7%0.0%17.4%69820.2K-1960.0086.24N/AN/A6301,768189
2023-03-27$2.59$5.0088.3%25.3%102.7%9.4%0.0%0.0%-1.6%665-1.2K-2500.0091.89N/AN/A001,725189
2023-03-28$2.38$5.0078.3%22.5%106.0%7.0%0.0%0.0%14.3%45022.9K-1430.0085.51N/AN/A801,725189
2023-03-29$2.44$5.0095.7%27.4%97.1%11.2%96.0%0.0%-10.0%50322.3K-1580.0374.09N/AN/A3611,725189
2023-03-30$2.50$5.0080.3%23.0%97.5%7.5%0.0%0.0%15.3%63020.7K-1490.0090.47N/AN/A001,761188
2023-03-31$2.75$5.0098.4%28.2%101.0%11.8%0.0%0.0%138.9%841-9.6K-2890.00103.35N/AN/A901,761188