PATK Options History — October 2016

In October 2016, PATK traded between $16.73 and $19.16. ATM implied volatility averaged 37.8%, placing in the 17.6% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 5.8% (HV 20d: 32.0%). Max pain ranged from $17.78 to $19.26. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 12.76.

Notable Days

  • 2016-10-17: Highest Volume — 1,947 contracts
  • 2016-10-11: Largest IV spike — 27.3% change
  • 2016-10-26: Highest IV Rank — 22.0%
  • 2016-10-26: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.23$16.73$19.16$18.57$16.99
Max Pain$17.99$17.78$19.26$19.26$17.78
ATM IV37.8%25.3%45.4%26.8%40.3%
Expected Move11.2%7.2%13.0%7.7%11.6%
HV 20d32.0%29.9%34.4%30.8%32.2%
HV 60d30.5%28.9%31.3%29.0%30.8%
IV Rank17.6%10.4%22.0%11.3%19.0%
IV Percentile30.5%1.2%53.4%1.6%37.5%
Term Structure-2.2%-8.9%10.6%6.8%0.8%
VWIV40.7%31.1%46.8%39.8%32.3%
Skew 25d3.7%-4.9%13.6%0.7%3.9%
Skew 10d4.9%-16.1%28.4%-16.1%4.5%
Call IV 25d41.3%31.3%51.3%32.2%38.3%
Put IV 25d44.9%32.9%53.2%32.9%42.2%
Bid-Ask Spread %90.3872.90107.6285.42107.09
Gamma HHI0.600.260.970.640.37
Net GEX-99.3K-347.4K909-146.9K-2.1K
Net DEX292.4K-201.5K864.4K864.4K-52.2K
Net VEX-2.2K-4.2K-1.0K-4.2K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio12.760.9819.5416.331.00
Total Volume1,461.9052691,9471,934270
Total OI2,171.5714112,8882,834516

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-10-03$18.57$19.2626.8%7.7%30.8%11.3%39.8%0.7%6.8%-146.9K864.4K-4.2K16.3385.421131,8214102,424
2016-10-04$18.68$19.2625.3%7.2%30.4%10.4%41.7%11.2%8.2%-121.2K647.2K-3.9K16.3398.951131,8214102,424
2016-10-05$18.55$19.2628.9%8.3%29.9%12.5%40.2%7.8%3.4%-123.3K745.0K-3.9K16.33100.081131,8214102,424
2016-10-06$19.06$17.7830.1%10.9%31.4%13.2%42.2%4.3%-3.7%-105.5K256.8K-3.0K16.3372.941131,8214102,424
2016-10-07$18.48$17.7834.3%11.2%31.9%15.6%41.1%1.5%-0.6%-140.2K748.3K-3.6K16.8479.201081,8213922,424
2016-10-10$19.16$17.7828.8%11.1%34.4%12.4%40.8%11.0%-5.6%-94.5K109.3K-2.4K17.3986.461071,8213862,424
2016-10-11$18.65$17.7836.6%11.1%32.4%16.9%41.7%-1.8%-4.7%-106.5K429.0K-2.9K16.3373.171131,8213862,424
2016-10-12$18.81$17.7838.9%11.1%32.4%18.2%38.1%-1.1%-2.5%-114.4K380.9K-2.6K16.3381.941131,8213862,424
2016-10-13$18.57$17.7842.3%12.1%32.9%20.2%40.5%-0.9%-8.8%-121.8K450.0K-2.7K15.8572.901161,8213862,424
2016-10-14$18.45$17.7843.2%12.4%32.3%20.7%44.2%4.7%-5.8%-135.8K614.7K-2.6K19.5480.27951,8483902,424
2016-10-17$18.59$17.7842.8%12.3%32.4%20.5%43.7%3.4%-7.7%-155.8K418.0K-2.1K18.8674.99991,8483962,492
2016-10-18$18.50$17.7845.1%12.9%32.4%21.8%45.1%2.1%-8.9%-173.7K416.4K-1.9K18.8692.74991,8483962,492
2016-10-19$18.43$17.7843.4%12.4%32.4%20.8%43.7%4.2%-4.5%-197.6K343.3K-1.7K18.8699.46991,8483962,492
2016-10-20$18.13$17.7840.1%11.5%31.3%18.9%40.8%13.6%-3.0%-347.4K537.0K-1.5K18.86101.00991,8483962,492
2016-10-21$18.13$17.7840.6%11.6%31.3%19.2%41.6%2.6%-4.9%-1-131.6K-1.1K18.8695.77991,8483962,492
2016-10-24$18.49$17.7843.6%12.5%32.0%20.9%46.8%7.0%0.7%909-201.5K-1.0K1.0395.53134135264147
2016-10-25$17.81$17.7840.1%11.5%32.0%18.9%41.7%2.7%-2.3%733-172.6K-1.3K0.98102.27140135318174
2016-10-26$17.23$17.7845.4%13.0%32.7%22.0%46.2%-4.9%-7.5%888-128.3K-1.2K1.0084.19135135332174
2016-10-27$16.83$17.7834.4%9.9%32.9%15.6%31.1%-0.4%10.6%-557-80.9K-1.2K1.00106.06135135342174
2016-10-28$16.73$17.7843.5%12.5%32.0%20.9%32.3%5.0%-6.0%-1.2K-53.2K-1.2K1.00107.62135135342174
2016-10-31$16.99$17.7840.3%11.6%32.2%19.0%32.3%3.9%0.8%-2.1K-52.2K-1.1K1.00107.09135135342174