A new symmetrical photochromic diarylethene, 1,2-bis[2-methyl-5-(3-methoxylphenyl)-3-thienyl]perfluorocyclopentene (1a), was synthesized, and its photochromic properties were investigated. The compound exhibited good photochromism both in solution and in PMMA film with alternating irradiation by UV/VIS light, and the maxima absorption of its closed-ring isomer 1b are 582 and 599 nm, respectively. Using diarylethene 1b/PMMA film as recording medium and a He-Ne laser (633 nm) for recording and readout, four types of polarization and angular multiplexing holographic optical recording were performed perfectly. For different types of polarization recording including parallel linear polarization recording, parallel circular polarization recording, orthogonal linear polarization recording and orthogonal circular polarization recording,have been accomplished successfully. The results demonstrated that the orthogonal circular polarization recording is the best method for polarization holographic optical recording when this compound was used as recording material. With angular multiplexing recording technology, two high contrast holograms were recorded in the same place on the film with the dimension of 0.78 μm2.