PATK Options History — November 2016

In November 2016, PATK traded between $16.26 and $21.26. ATM implied volatility averaged 38.0%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 6.3% (HV 20d: 31.7%). Max pain ranged from $16.30 to $19.26. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.76.

Notable Days

2016-11-16: Highest Volume — 431 contracts
2016-11-29: Largest IV spike — 177.3% change
2016-11-29: Highest IV Rank — 49.0%
2016-11-29: Largest Expected Move — 26.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.71	$16.26	$21.26	$16.47	$21.10
Max Pain	$16.76	$16.30	$19.26	$17.78	$19.26
ATM IV	38.0%	27.1%	92.7%	40.3%	27.2%
Expected Move	10.7%	7.8%	26.6%	11.6%	7.8%
HV 20d	31.7%	27.5%	37.2%	33.3%	30.1%
HV 60d	31.3%	29.4%	33.4%	31.1%	33.4%
IV Rank	17.7%	11.4%	49.0%	19.0%	11.5%
IV Percentile	25.6%	2.4%	91.6%	37.5%	3.2%
Term Structure	-2.2%	-37.5%	6.1%	1.3%	5.6%
VWIV	39.9%	28.9%	120.0%	39.5%	32.7%
Skew 25d	7.2%	-7.4%	48.2%	-7.4%	-4.7%
Skew 10d	11.5%	-10.3%	55.1%	-4.3%	0.5%
Call IV 25d	35.8%	28.2%	51.3%	51.3%	36.6%
Put IV 25d	43.0%	31.8%	82.3%	43.8%	31.8%
Bid-Ask Spread %	100.36	85.16	138.53	107.61	113.65
Gamma HHI	0.33	0.22	0.71	0.33	0.32
Net GEX	815	-24.8K	10.8K	-864	8.5K
Net DEX	-261.1K	-511.8K	-11.5K	-36.7K	-511.8K
Net VEX	-1.1K	-1.3K	-977	-1.1K	-1.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.76	0.34	1.18	1.00	0.49
Total Volume	327.19	270	431	270	370
Total OI	493.524	371	572	516	480

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
2016-11-01	$16.47	$17.78	40.3%	11.6%	33.3%	19.0%	39.5%	-7.4%	1.3%	-864	-36.7K	-1.1K	1.00	107.61	135	135	342	174
2016-11-02	$16.43	$17.78	42.0%	12.0%	33.3%	20.0%	40.2%	6.7%	-5.5%	125	-27.4K	-1.1K	0.98	110.06	140	135	342	174
2016-11-03	$16.26	$0.00	43.1%	10.3%	30.9%	20.6%	0.0%	3.5%	1.2%	551	-11.5K	-1.0K	0.98	87.99	140	135	342	174
2016-11-04	$16.49	$0.00	42.3%	11.8%	30.5%	20.2%	39.9%	7.9%	-0.7%	-1.0K	-19.2K	-1.0K	0.93	90.45	147	135	342	174
2016-11-07	$16.86	$16.30	45.9%	11.6%	28.2%	22.2%	40.7%	8.4%	-3.0%	-717	-48.4K	-1.0K	0.93	95.70	147	135	350	174
2016-11-08	$17.08	$16.30	41.9%	11.0%	27.9%	20.0%	36.5%	3.7%	-3.3%	-1.2K	-86.5K	-1.0K	0.91	85.16	149	135	350	174
2016-11-09	$17.23	$16.30	32.6%	9.3%	27.9%	14.6%	36.3%	5.6%	0.8%	-3.7K	-123.5K	-1.1K	0.91	101.71	149	135	351	174
2016-11-10	$17.76	$16.30	37.4%	10.7%	30.3%	17.4%	33.0%	21.4%	-3.3%	-5.3K	-166.5K	-1.1K	0.91	85.95	149	135	351	174
2016-11-11	$18.16	$16.30	38.0%	10.9%	31.4%	17.7%	32.0%	9.7%	-3.1%	-24.8K	-228.3K	-1.0K	0.91	89.45	149	135	351	174
2016-11-14	$18.24	$16.30	35.8%	10.3%	31.3%	16.5%	32.1%	8.5%	-0.3%	-16.0K	-246.3K	-1.0K	1.18	97.54	153	180	351	174
2016-11-15	$18.56	$16.30	34.4%	9.9%	32.0%	15.6%	33.7%	1.6%	2.6%	-256	-262.1K	-1.2K	1.18	106.03	153	180	356	216
2016-11-16	$19.16	$16.30	32.4%	9.3%	33.8%	14.5%	30.6%	1.5%	2.7%	6.4K	-335.3K	-1.2K	0.72	89.31	251	180	356	216
2016-11-17	$20.09	$16.30	27.1%	7.8%	36.7%	11.4%	37.1%	13.9%	5.9%	10.8K	-437.4K	-1.1K	0.78	94.58	230	180	345	216
2016-11-18	$19.85	$16.30	33.5%	9.6%	37.2%	15.1%	33.3%	-0.8%	6.1%	5.1K	-432.0K	-983	0.74	95.44	243	180	345	216
2016-11-21	$20.07	$16.30	32.4%	9.3%	36.8%	14.5%	36.8%	3.8%	-7.2%	5.3K	-373.6K	-977	0.39	106.52	224	89	282	89
2016-11-22	$20.33	$16.30	27.2%	7.8%	33.5%	11.5%	39.1%	6.4%	-2.3%	5.5K	-387.6K	-987	0.39	98.92	228	89	282	89
2016-11-23	$20.52	$16.30	30.1%	8.6%	30.0%	13.2%	33.7%	7.9%	-0.5%	6.6K	-410.1K	-999	0.36	102.99	248	89	296	89
2016-11-25	$20.71	$16.30	28.7%	8.2%	27.5%	12.4%	28.9%	4.4%	0.5%	7.4K	-446.9K	-1.0K	0.34	111.39	261	89	311	89
2016-11-28	$20.21	$16.30	33.4%	9.6%	29.7%	15.1%	41.5%	1.3%	-6.6%	9.4K	-443.6K	-1.0K	0.51	98.58	242	122	336	89
2016-11-29	$21.26	$19.26	92.7%	26.6%	33.1%	49.0%	120.0%	48.2%	-37.5%	5.3K	-447.7K	-1.3K	0.49	138.53	248	122	332	122
2016-11-30	$21.10	$19.26	27.2%	7.8%	30.1%	11.5%	32.7%	-4.7%	5.6%	8.5K	-511.8K	-1.0K	0.49	113.65	248	122	351	129