PATK Options History — May 2015

In May 2015, PATK traded between $7.59 and $11.87. ATM implied volatility averaged 54.6%, placing in the 36.8% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 20.8% (HV 20d: 33.8%). Max pain ranged from $5.27 to $12.84. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.02.

Notable Days

2015-05-05: Highest Volume — 503 contracts
2015-05-13: Largest IV drop — 61.6% change
2015-05-11: Highest IV Rank — 100.0%
2015-05-01: Largest Expected Move — 18.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.00	$7.59	$11.87	$7.88	$11.87
Max Pain	$8.61	$5.27	$12.84	$5.27	$12.84
ATM IV	54.6%	34.9%	111.1%	63.2%	44.9%
Expected Move	11.5%	9.1%	18.1%	18.1%	12.9%
HV 20d	33.8%	24.8%	151.0%	29.5%	151.0%
HV 60d	35.3%	24.1%	89.0%	39.9%	89.0%
IV Rank	36.8%	8.2%	100.0%	54.8%	20.3%
IV Percentile	66.2%	13.1%	100.0%	95.9%	66.9%
Term Structure	-8.4%	-32.4%	1.9%	-32.4%	-14.4%
VWIV	40.5%	31.5%	59.7%	59.7%	43.9%
Skew 25d	6.4%	0.9%	14.0%	5.2%	3.3%
Skew 10d	10.2%	-26.0%	18.5%	-26.0%	9.9%
Call IV 25d	52.9%	40.1%	73.1%	73.1%	58.1%
Put IV 25d	59.3%	42.6%	78.6%	78.4%	61.3%
Bid-Ask Spread %	122.11	117.48	125.76	118.79	125.76
Gamma HHI	0.49	0.28	0.80	0.28	0.52
Net GEX	6.7K	3.0K	9.7K	8.7K	3.3K
Net DEX	-256.4K	-420.6K	-99.3K	-420.6K	-110.4K
Net VEX	-638	-847	-405	-847	-421
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.02	0.00	0.04	0.03	0.02
Total Volume	320.25	0	503	471	299
Total OI	588.1	191	836	836	191

Daily Data (20 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
2015-05-01	$7.88	$5.27	63.2%	18.1%	29.5%	54.8%	59.7%	5.2%	-32.4%	8.7K	-420.6K	-847	0.03	118.79	453	18	818	18
2015-05-04	$7.92	$8.56	45.0%	9.8%	29.5%	26.4%	0.0%	2.5%	1.0%	9.0K	-385.7K	-769	0.00	121.81	0	0	788	18
2015-05-05	$7.75	$8.56	66.1%	10.4%	29.6%	59.3%	36.6%	0.9%	-2.0%	8.4K	-388.7K	-764	0.03	117.48	485	18	788	18
2015-05-06	$7.78	$8.56	69.1%	9.7%	29.3%	64.0%	34.1%	3.5%	0.1%	8.5K	-368.2K	-754	0.03	119.73	485	18	761	18
2015-05-07	$7.85	$8.56	75.9%	9.8%	28.7%	74.5%	33.7%	8.3%	0.9%	8.6K	-372.4K	-783	0.03	121.28	485	18	761	18
2015-05-08	$7.76	$8.56	72.8%	9.3%	27.8%	69.8%	0.0%	2.5%	1.9%	9.2K	-348.8K	-720	0.00	123.86	18	0	761	18
2015-05-11	$7.69	$8.56	97.2%	9.1%	27.9%	100.0%	0.0%	3.2%	-3.0%	9.1K	-334.0K	-697	0.00	124.74	12	0	761	18
2015-05-12	$7.68	$8.56	111.1%	12.2%	27.8%	100.0%	34.7%	8.8%	-17.8%	8.7K	-344.2K	-715	0.04	117.94	426	18	761	18
2015-05-13	$7.59	$8.56	42.6%	12.2%	27.9%	17.6%	37.4%	6.7%	-18.4%	9.2K	-331.7K	-682	0.04	119.44	437	18	761	18
2015-05-14	$7.84	$8.56	34.9%	10.0%	29.8%	8.2%	31.5%	12.9%	-7.9%	9.7K	-372.4K	-688	0.04	122.64	437	18	761	18
2015-05-15	$7.72	$8.56	36.7%	10.5%	28.8%	10.4%	39.5%	5.5%	-5.9%	5.6K	-353.2K	-669	0.04	121.43	437	18	761	18
2015-05-18	$7.87	$8.56	38.7%	11.1%	24.8%	12.8%	0.0%	3.3%	-1.5%	5.4K	-130.1K	-601	0.00	124.78	0	0	423	12
2015-05-19	$8.03	$8.56	37.1%	10.6%	25.7%	11.0%	0.0%	4.3%	-0.0%	6.2K	-145.4K	-631	0.00	124.29	0	0	423	12
2015-05-20	$7.81	$8.56	35.2%	10.1%	26.9%	8.6%	0.0%	3.4%	-0.5%	6.2K	-151.2K	-654	0.03	124.66	255	12	423	12
2015-05-21	$7.93	$8.56	41.3%	11.9%	26.4%	16.0%	38.3%	13.7%	-11.9%	6.0K	-156.9K	-676	0.02	123.15	392	12	426	12
2015-05-22	$7.78	$8.56	43.2%	12.4%	27.1%	18.3%	40.7%	3.4%	-17.9%	3.2K	-107.0K	-439	0.02	122.41	392	12	275	12
2015-05-26	$7.70	$8.56	46.0%	13.2%	27.3%	21.6%	49.1%	11.9%	-13.5%	3.2K	-99.3K	-418	0.02	123.68	392	12	275	12
2015-05-27	$7.79	$8.56	47.3%	13.5%	25.8%	23.1%	38.1%	10.9%	-17.3%	3.1K	-99.7K	-405	0.02	122.60	392	12	275	12
2015-05-28	$7.81	$8.56	44.6%	12.8%	25.4%	19.9%	50.2%	14.0%	-8.3%	3.0K	-107.5K	-417	0.02	121.74	392	12	275	12
2015-05-29	$11.87	$12.84	44.9%	12.9%	151.0%	20.3%	43.9%	3.3%	-14.4%	3.3K	-110.4K	-421	0.02	125.76	291	8	183	8