PATK Options History — September 2016

In September 2016, PATK traded between $17.62 and $19.79. ATM implied volatility averaged 34.9%, placing in the 16.0% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 6.0% (HV 20d: 29.0%). Max pain ranged from $16.30 to $19.26. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 5.95.

Notable Days

2016-09-20: Highest Volume — 2,416 contracts
2016-09-08: Largest IV spike — 39.7% change
2016-09-12: Highest IV Rank — 29.1%
2016-09-13: Largest Expected Move — 12.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.52	$17.62	$19.79	$19.08	$18.36
Max Pain	$18.80	$16.30	$19.26	$16.30	$19.26
ATM IV	34.9%	23.4%	57.9%	27.5%	29.4%
Expected Move	9.5%	6.7%	12.0%	7.9%	8.4%
HV 20d	29.0%	24.3%	35.4%	29.0%	31.7%
HV 60d	51.3%	28.9%	76.0%	76.0%	29.2%
IV Rank	16.0%	9.3%	29.1%	11.7%	12.8%
IV Percentile	18.0%	0.4%	68.9%	0.4%	4.4%
Term Structure	7.4%	0.4%	23.0%	6.6%	9.6%
VWIV	33.2%	25.5%	43.9%	29.4%	30.1%
Skew 25d	4.3%	-8.3%	14.2%	8.7%	0.9%
Skew 10d	1.4%	-17.7%	15.6%	2.7%	-9.3%
Call IV 25d	34.2%	26.2%	43.7%	38.5%	27.5%
Put IV 25d	38.5%	24.7%	49.0%	47.2%	28.3%
Bid-Ask Spread %	98.58	79.48	118.42	114.89	100.93
Gamma HHI	0.42	0.22	0.70	0.28	0.70
Net GEX	-51.1K	-191.1K	9.7K	7.7K	-153.5K
Net DEX	148.7K	-381.8K	1.5M	-330.2K	736.7K
Net VEX	-2.3K	-5.2K	-858	-917	-4.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	5.95	0.16	19.96	0.16	16.33
Total Volume	964.095	134	2,416	250	1,934
Total OI	1,255.714	310	2,834	317	2,834

Daily Data (21 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
2016-09-01	$19.08	$16.30	27.5%	7.9%	29.0%	11.7%	29.4%	8.7%	6.6%	7.7K	-330.2K	-917	0.16	114.89	215	35	282	35
2016-09-02	$19.52	$16.30	30.7%	8.8%	30.0%	13.5%	36.8%	9.9%	6.7%	7.2K	-363.1K	-920	0.30	115.73	113	35	282	35
2016-09-06	$19.79	$0.00	31.6%	10.1%	29.1%	14.1%	0.0%	5.7%	1.6%	7.1K	-381.8K	-889	0.30	79.48	113	35	282	35
2016-09-07	$19.42	$0.00	28.1%	10.3%	29.9%	12.0%	0.0%	8.3%	1.2%	7.7K	-369.4K	-875	0.30	91.38	113	35	282	35
2016-09-08	$19.20	$0.00	39.3%	10.2%	30.2%	18.4%	0.0%	-1.0%	2.9%	7.7K	-343.5K	-888	0.18	100.92	113	21	282	35
2016-09-09	$18.67	$0.00	47.2%	10.8%	32.0%	23.0%	0.0%	7.1%	0.4%	7.5K	-301.2K	-858	0.26	94.89	134	35	282	39
2016-09-12	$18.59	$0.00	57.9%	10.9%	32.0%	29.1%	0.0%	1.1%	3.5%	9.7K	-334.9K	-918	0.29	87.89	140	41	302	21
2016-09-13	$17.83	$0.00	57.8%	12.0%	35.4%	29.1%	0.0%	3.9%	1.3%	7.4K	-282.1K	-884	0.28	104.66	147	41	297	21
2016-09-14	$17.92	$0.00	40.6%	11.6%	34.0%	19.2%	0.0%	10.1%	1.0%	8.1K	-282.4K	-895	0.33	96.64	147	48	297	21
2016-09-15	$17.93	$0.00	40.3%	11.5%	26.9%	19.0%	28.2%	14.2%	2.6%	6.7K	-283.2K	-892	0.65	97.25	147	95	297	26
2016-09-16	$17.64	$19.26	39.1%	11.2%	24.3%	18.3%	25.5%	5.3%	6.1%	2.2K	-205.8K	-928	0.91	89.19	116	107	297	72
2016-09-19	$17.69	$19.26	39.1%	11.2%	24.3%	18.4%	29.7%	7.4%	2.5%	2.4K	-146.9K	-960	1.13	95.65	80	89	224	86
2016-09-20	$17.62	$19.26	34.5%	9.9%	24.3%	15.7%	34.9%	-4.7%	11.9%	2.9K	-143.4K	-951	11.33	90.02	197	2,219	228	86
2016-09-21	$17.75	$19.26	29.7%	8.5%	24.6%	13.0%	30.3%	-1.3%	12.1%	-168.3K	1.5M	-5.1K	9.09	89.68	197	1,781	350	2,388
2016-09-22	$18.28	$19.26	28.8%	8.3%	27.3%	12.5%	33.0%	-1.2%	13.3%	-189.7K	1.1M	-5.0K	9.25	95.30	194	1,781	350	2,384
2016-09-23	$18.31	$19.26	25.2%	7.2%	27.3%	10.4%	35.0%	-5.5%	23.0%	-123.4K	1.1M	-5.2K	9.41	100.19	189	1,781	356	2,384
2016-09-26	$18.24	$19.26	29.9%	8.6%	26.8%	13.1%	32.6%	-8.3%	13.2%	-191.1K	1.1M	-4.5K	9.63	103.83	189	1,821	356	2,384
2016-09-27	$18.90	$19.26	25.7%	7.4%	28.8%	10.7%	43.9%	12.8%	10.7%	-123.8K	687.4K	-4.5K	19.96	98.31	93	1,821	356	2,424
2016-09-28	$19.24	$19.26	28.0%	8.0%	29.5%	12.0%	39.5%	11.3%	10.6%	-93.3K	256.0K	-3.8K	18.59	104.88	99	1,821	383	2,424
2016-09-29	$18.85	$19.26	23.4%	6.7%	30.4%	9.3%	35.6%	6.5%	15.2%	-113.2K	454.8K	-3.9K	16.33	118.42	113	1,821	392	2,424
2016-09-30	$18.36	$19.26	29.4%	8.4%	31.7%	12.8%	30.1%	0.9%	9.6%	-153.5K	736.7K	-4.2K	16.33	100.93	113	1,821	410	2,424