PATK Options History — December 2016

In December 2016, PATK traded between $20.59 and $23.21. ATM implied volatility averaged 77.4%, placing in the 40.3% IV rank vs the trailing year. The 30-day expected move averaged 17.3%. IV traded above realized volatility by 48.0% (HV 20d: 29.4%). Max pain ranged from $19.26 to $20.74. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.42.

Notable Days

  • 2016-12-16: Highest Volume — 397 contracts
  • 2016-12-05: Largest IV spike — 297.5% change
  • 2016-12-13: Highest IV Rank — 69.0%
  • 2016-12-30: Largest Expected Move — 21.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.05$20.59$23.21$20.64$22.58
Max Pain$20.60$19.26$20.74$19.26$20.74
ATM IV77.4%27.6%127.6%28.6%76.1%
Expected Move17.3%7.9%21.8%8.2%21.8%
HV 20d29.4%22.4%32.8%32.1%22.4%
HV 60d32.1%30.9%33.5%33.5%31.3%
IV Rank40.3%11.8%69.0%12.3%39.6%
IV Percentile75.1%4.0%98.0%6.0%82.1%
Term Structure-17.3%-32.4%6.7%6.7%-14.6%
VWIV53.3%31.1%68.4%31.1%51.1%
Skew 25d6.4%-72.4%37.8%-4.2%37.8%
Skew 10d44.0%-5.1%118.8%-5.1%118.8%
Call IV 25d69.3%30.2%131.3%35.6%30.2%
Put IV 25d75.7%31.4%102.6%31.4%68.0%
Bid-Ask Spread %143.17118.76153.74118.90148.51
Gamma HHI0.320.240.390.320.29
Net GEX7.0K5.7K9.8K9.3K6.2K
Net DEX-549.6K-619.8K-464.2K-465.9K-555.6K
Net VEX-1.0K-1.3K-802-1.1K-977
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.330.480.480.33
Total Volume360.905329397377343
Total OI457.429416488480425

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-12-01$20.64$19.2628.6%8.2%32.1%12.3%31.1%-4.2%6.7%9.3K-465.9K-1.1K0.48118.90255122351129
2016-12-02$20.59$19.2627.6%7.9%31.5%11.8%40.7%8.4%0.1%9.6K-464.2K-1.1K0.48118.76255122359129
2016-12-05$20.89$20.74109.8%18.0%31.5%58.8%68.4%-72.4%-20.8%6.1K-487.5K-1.1K0.48144.74255122359129
2016-12-06$21.41$20.74114.8%17.3%31.6%61.7%62.7%16.6%-20.1%6.1K-498.7K-1.3K0.48143.86255122359129
2016-12-07$21.87$20.74110.9%15.6%31.8%59.5%60.4%18.0%-15.6%5.9K-513.5K-1.3K0.48137.55255122359129
2016-12-08$22.06$20.74123.2%15.9%31.8%66.5%60.5%18.6%-32.4%6.3K-571.3K-1.1K0.48147.93255122359129
2016-12-09$22.12$20.7481.1%17.1%31.2%42.4%51.5%10.0%-30.8%9.4K-619.8K-9180.48147.79255122359129
2016-12-12$21.94$20.7496.2%16.3%31.6%51.0%54.7%10.0%-8.6%9.8K-592.8K-1.0K0.48153.74255122359129
2016-12-13$21.66$20.74127.6%16.9%32.5%69.0%60.0%-1.2%-29.4%5.7K-527.5K-1.1K0.48150.87255122359129
2016-12-14$21.51$20.7465.0%18.7%32.8%33.2%61.9%17.0%-16.9%9.6K-571.7K-1.0K0.48148.60255122359129
2016-12-15$21.66$20.7457.4%16.4%31.5%28.8%55.6%24.1%-6.6%7.7K-547.0K-1.1K0.45152.84270122359129
2016-12-16$21.84$20.7464.7%18.6%27.5%33.0%56.4%12.7%-26.7%6.0K-595.7K-8650.44151.53275122359129
2016-12-19$22.01$20.7465.9%18.9%26.9%33.7%55.3%13.5%-31.9%6.7K-543.0K-8880.35153.582438632493
2016-12-20$22.67$20.7463.6%18.2%28.2%32.4%45.6%24.0%-21.3%6.1K-587.1K-8020.35145.432438632493
2016-12-21$23.17$20.7461.2%17.5%28.7%31.0%51.3%19.2%-24.0%6.1K-578.4K-9640.34139.872488632493
2016-12-22$22.81$20.7470.2%20.1%29.7%36.1%57.4%8.9%-21.8%5.9K-559.6K-9690.34135.072488632393
2016-12-23$22.86$20.7467.7%19.4%29.7%34.7%44.9%24.9%-6.0%5.9K-556.2K-9740.34140.132488632393
2016-12-27$23.21$20.7465.4%18.7%27.7%33.4%47.5%-22.0%-18.6%6.0K-578.9K-8970.34142.382518632393
2016-12-28$22.76$20.7473.2%21.0%24.0%37.9%47.5%-46.9%-9.1%6.2K-561.8K-9440.34146.102518632493
2016-12-29$22.86$20.7475.2%21.6%23.6%39.0%55.2%16.6%-15.7%6.2K-565.2K-9310.33138.442578632493
2016-12-30$22.58$20.7476.1%21.8%22.4%39.6%51.1%37.8%-14.6%6.2K-555.6K-9770.33148.512578633293