PATK Options History — July 2016

In July 2016, PATK traded between $17.97 and $19.79. ATM implied volatility averaged 41.8%, placing in the 19.9% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded below realized volatility by 46.6% (HV 20d: 88.4%). Max pain ranged from $17.78 to $19.26. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.65.

Notable Days

2016-07-05: Highest Volume — 215 contracts
2016-07-29: Largest IV spike — 143.2% change
2016-07-29: Highest IV Rank — 44.9%
2016-07-29: Largest Expected Move — 24.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.08	$17.97	$19.79	$18.25	$19.16
Max Pain	$17.85	$17.78	$19.26	$17.78	$17.78
ATM IV	41.8%	32.5%	85.5%	35.5%	85.5%
Expected Move	11.7%	10.1%	24.5%	10.2%	24.5%
HV 20d	88.4%	23.5%	125.3%	124.7%	27.2%
HV 60d	80.5%	78.1%	84.9%	84.9%	78.6%
IV Rank	19.9%	14.6%	44.9%	16.3%	44.9%
IV Percentile	28.4%	4.0%	89.2%	8.0%	89.2%
Term Structure	-3.0%	-21.1%	10.9%	10.9%	-21.1%
VWIV	49.4%	38.0%	114.6%	41.1%	114.6%
Skew 25d	11.1%	1.4%	21.7%	18.4%	21.7%
Skew 10d	12.9%	-47.4%	30.9%	25.0%	-47.4%
Call IV 25d	44.4%	30.6%	106.7%	30.6%	106.7%
Put IV 25d	55.6%	39.3%	128.3%	49.0%	128.3%
Bid-Ask Spread %	87.72	73.95	162.93	94.12	162.93
Gamma HHI	0.53	0.31	0.97	0.56	0.41
Net GEX	20.5K	775	263.4K	775	5.7K
Net DEX	-242.3K	-381.2K	-8.2K	-8.2K	-347.5K
Net VEX	-685	-998	-21	-21	-988
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.65	0.14	1.23	0.14	0.56
Total Volume	140.8	31	215	31	146
Total OI	251.95	19	335	19	335

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
2016-07-01	$18.25	$17.78	35.5%	10.2%	124.7%	16.3%	41.1%	0.0%	10.9%	775	-8.2K	-21	0.14	94.12	26	5	14	5
2016-07-05	$17.97	$19.26	33.5%	10.4%	125.3%	15.1%	38.0%	0.0%	-0.6%	3.1K	-18.1K	-61	0.34	86.38	161	54	59	5
2016-07-06	$18.51	$17.78	46.8%	11.7%	125.3%	22.7%	38.6%	0.0%	-5.1%	5.3K	-172.2K	-652	0.34	74.53	161	54	183	54
2016-07-07	$18.90	$17.78	32.5%	10.7%	124.2%	14.6%	38.6%	0.0%	-0.1%	7.2K	-189.5K	-630	0.73	74.83	75	54	183	54
2016-07-08	$19.27	$17.78	39.3%	11.5%	123.4%	18.4%	38.5%	0.0%	-2.8%	7.6K	-241.4K	-670	0.80	82.62	68	54	201	54
2016-07-11	$19.54	$17.78	46.5%	11.1%	121.6%	22.6%	46.3%	18.4%	-4.5%	16.7K	-312.8K	-717	0.62	73.95	89	54	243	54
2016-07-12	$19.70	$17.78	54.1%	11.6%	121.5%	27.0%	47.4%	18.1%	-6.3%	33.5K	-356.4K	-678	0.64	77.86	86	54	243	54
2016-07-13	$19.24	$17.78	38.1%	10.9%	121.6%	17.7%	38.2%	1.4%	-1.2%	10.5K	-260.9K	-678	0.73	98.72	75	54	215	54
2016-07-14	$19.27	$17.78	40.1%	11.5%	121.8%	18.9%	47.8%	17.3%	-5.4%	10.8K	-251.6K	-715	0.73	80.53	75	54	215	54
2016-07-15	$19.24	$17.78	38.8%	11.1%	121.2%	18.2%	47.6%	15.1%	-3.0%	263.4K	-220.9K	-691	1.23	88.32	45	54	215	54
2016-07-18	$19.39	$17.78	38.5%	11.0%	120.1%	18.0%	49.4%	9.1%	-2.1%	2.6K	-212.6K	-655	1.15	76.83	45	53	170	53
2016-07-19	$19.19	$17.78	37.5%	10.7%	120.4%	17.4%	47.4%	3.6%	2.4%	2.9K	-219.7K	-669	1.15	80.48	45	53	176	53
2016-07-20	$19.10	$17.78	37.5%	10.8%	120.6%	17.4%	48.5%	11.9%	-0.4%	2.5K	-218.0K	-668	1.15	90.03	45	53	176	53
2016-07-21	$18.97	$17.78	38.3%	11.0%	27.7%	17.9%	48.9%	6.3%	-3.4%	2.8K	-207.5K	-672	0.48	81.31	107	53	176	53
2016-07-22	$19.02	$17.78	37.9%	10.9%	25.8%	17.6%	49.8%	9.7%	-1.0%	6.2K	-282.0K	-883	0.48	80.80	107	53	248	53
2016-07-25	$18.89	$17.78	39.0%	11.2%	23.5%	18.3%	50.0%	6.8%	-1.0%	6.3K	-283.1K	-859	0.38	83.42	134	53	248	53
2016-07-26	$18.92	$17.78	43.6%	12.5%	23.5%	20.9%	54.6%	11.0%	-10.5%	6.5K	-315.5K	-998	0.39	80.55	129	53	275	53
2016-07-27	$19.25	$17.78	37.8%	10.8%	23.5%	17.6%	54.5%	11.2%	-4.7%	7.4K	-347.2K	-916	0.38	84.25	134	53	275	53
2016-07-28	$19.79	$17.78	35.1%	10.1%	24.5%	16.1%	48.5%	5.1%	-0.3%	7.7K	-381.2K	-885	0.54	101.87	95	53	270	53
2016-07-29	$19.16	$17.78	85.5%	24.5%	27.2%	44.9%	114.6%	21.7%	-21.1%	5.7K	-347.5K	-988	0.56	162.93	93	53	282	53