PATK Options History — February 2015

In February 2015, PATK traded between $5.74 and $7.78. ATM implied volatility averaged 45.3%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 10.5% (HV 20d: 34.8%). Max pain ranged from $4.61 to $7.90. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.55.

Notable Days

2015-02-18: Highest Volume — 960 contracts
2015-02-10: Largest IV spike — 122.7% change
2015-02-10: Highest IV Rank — 100.0%
2015-02-24: Largest Expected Move — 14.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.60	$5.74	$7.78	$5.74	$7.28
Max Pain	$6.06	$4.61	$7.90	$4.61	$7.90
ATM IV	45.3%	32.4%	92.2%	36.3%	35.9%
Expected Move	12.0%	9.3%	14.6%	10.4%	10.3%
HV 20d	34.8%	19.9%	59.3%	20.6%	59.3%
HV 60d	31.5%	25.6%	40.9%	26.1%	40.7%
IV Rank	30.1%	6.8%	100.0%	18.7%	12.2%
IV Percentile	60.6%	6.6%	100.0%	25.9%	21.0%
Term Structure	-7.0%	-37.6%	2.4%	-1.7%	-8.5%
VWIV	47.0%	27.8%	65.9%	43.5%	35.6%
Skew 25d	10.4%	-9.0%	34.6%	5.5%	-9.0%
Skew 10d	26.8%	5.1%	65.6%	11.8%	14.7%
Call IV 25d	51.9%	34.3%	128.3%	38.5%	56.3%
Put IV 25d	62.3%	35.2%	145.8%	44.0%	47.4%
Bid-Ask Spread %	117.79	106.92	126.22	123.95	115.95
Gamma HHI	0.56	0.34	0.91	0.70	0.58
Net GEX	8.5K	-12.3K	27.6K	21.7K	-12.3K
Net DEX	-368.6K	-922.1K	-109.0K	-251.7K	-109.2K
Net VEX	-455	-795	-118	-451	-559
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.55	0.00	5.71	0.00	0.63
Total Volume	692.526	18	960	18	836
Total OI	1,072	909	1,591	1,061	909

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2015-02-02	$5.74	$4.61	36.3%	10.4%	20.6%	18.7%	0.0%	5.5%	-1.7%	21.7K	-251.7K	-451	0.00	123.95	18	0	1,013	48
2015-02-03	$5.83	$4.61	43.0%	12.3%	21.4%	34.1%	43.5%	23.6%	-7.4%	20.6K	-309.8K	-478	0.07	109.19	669	48	1,031	48
2015-02-04	$5.80	$4.61	41.4%	11.9%	21.4%	30.4%	46.1%	6.5%	-9.1%	20.3K	-326.7K	-460	0.07	109.58	669	48	1,031	48
2015-02-05	$5.94	$5.27	45.8%	10.2%	22.6%	40.2%	32.5%	5.9%	-5.2%	21.4K	-360.6K	-434	0.07	106.92	669	48	1,031	48
2015-02-06	$5.90	$5.27	45.8%	10.3%	22.8%	40.3%	33.5%	6.6%	-0.4%	19.9K	-344.5K	-437	0.07	107.70	669	48	1,031	48
2015-02-09	$6.05	$5.27	41.4%	11.4%	23.3%	30.4%	47.5%	28.5%	-6.0%	27.6K	-401.8K	-318	0.07	115.09	669	48	1,031	48
2015-02-10	$6.16	$5.27	92.2%	13.8%	23.8%	100.0%	53.3%	31.8%	-13.7%	10.8K	-415.3K	-403	0.07	118.72	669	48	1,031	48
2015-02-11	$6.08	$5.27	48.1%	13.8%	22.8%	31.2%	0.0%	17.5%	-6.7%	10.1K	-412.2K	-374	0.07	116.19	669	48	1,031	48
2015-02-12	$6.10	$5.27	49.2%	14.1%	22.3%	33.0%	53.5%	34.6%	-8.7%	10.3K	-415.5K	-356	0.07	117.08	669	48	1,031	48
2015-02-13	$6.21	$5.27	32.4%	9.3%	20.7%	6.8%	50.8%	11.7%	1.9%	12.0K	-417.2K	-337	0.07	124.86	669	48	1,031	48
2015-02-17	$6.42	$5.27	40.8%	11.7%	22.3%	19.9%	57.6%	-6.2%	-2.4%	9.4K	-450.8K	-240	0.06	119.85	728	48	1,031	48
2015-02-18	$6.46	$5.27	50.9%	14.6%	19.9%	35.6%	63.6%	12.2%	-37.6%	8.0K	-396.9K	-233	0.05	124.14	912	48	930	48
2015-02-19	$7.53	$6.58	47.0%	13.5%	54.4%	29.6%	58.4%	18.9%	2.4%	1.9K	-804.5K	-118	0.66	126.22	291	194	1,106	48
2015-02-20	$7.78	$7.90	40.2%	11.5%	54.7%	19.0%	27.8%	-4.6%	-2.1%	875	-922.1K	-597	5.71	122.58	59	305	1,349	242
2015-02-23	$7.64	$7.90	43.5%	12.5%	56.2%	24.2%	45.9%	-0.4%	-18.2%	-3.6K	-240.5K	-795	0.83	118.06	413	345	558	498
2015-02-24	$7.57	$7.90	51.0%	14.6%	56.7%	35.8%	65.9%	18.1%	-2.2%	-3.7K	-188.4K	-788	0.63	121.37	513	323	513	498
2015-02-25	$7.56	$7.90	40.4%	11.6%	57.0%	19.3%	45.0%	1.5%	-5.7%	-6.6K	-126.6K	-640	0.63	118.84	513	323	396	513
2015-02-26	$7.37	$7.90	34.7%	9.9%	58.6%	10.4%	37.8%	-6.1%	-1.2%	-7.1K	-109.0K	-630	0.63	121.72	513	323	396	513
2015-02-27	$7.28	$7.90	35.9%	10.3%	59.3%	12.2%	35.6%	-9.0%	-8.5%	-12.3K	-109.2K	-559	0.63	115.95	513	323	396	513