PATK Options History — January 2017

In January 2017, PATK traded between $22.96 and $24.70. ATM implied volatility averaged 76.0%, placing in the 39.5% IV rank vs the trailing year. The 30-day expected move averaged 20.7%. IV traded above realized volatility by 53.3% (HV 20d: 22.6%). Max pain ranged from $14.81 to $20.74. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.34.

Notable Days

2017-01-25: Highest Volume — 373 contracts
2017-01-10: Largest IV spike — 59.6% change
2017-01-10: Highest IV Rank — 55.8%
2017-01-31: Largest Expected Move — 24.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.86	$22.96	$24.70	$22.96	$24.30
Max Pain	$15.41	$14.81	$20.74	$20.74	$14.81
ATM IV	76.0%	59.1%	104.5%	85.0%	85.5%
Expected Move	20.7%	15.7%	24.5%	24.4%	24.5%
HV 20d	22.6%	20.8%	24.9%	22.7%	23.3%
HV 60d	28.7%	26.4%	31.1%	31.1%	26.4%
IV Rank	39.5%	29.8%	55.8%	44.6%	44.9%
IV Percentile	79.9%	66.1%	92.4%	87.3%	87.6%
Term Structure	-28.5%	-48.5%	-13.9%	-20.9%	-19.1%
VWIV	91.5%	72.6%	118.0%	72.6%	118.0%
Skew 25d	15.8%	-30.3%	31.2%	-30.3%	31.2%
Skew 10d	32.9%	3.5%	57.0%	49.6%	50.0%
Call IV 25d	90.8%	71.0%	109.4%	96.6%	107.0%
Put IV 25d	106.6%	66.4%	138.2%	66.4%	138.2%
Bid-Ask Spread %	128.88	120.88	152.33	146.23	132.45
Gamma HHI	0.32	0.26	0.41	0.29	0.37
Net GEX	5.9K	4.5K	7.7K	6.5K	6.3K
Net DEX	-626.1K	-665.9K	-564.6K	-569.6K	-647.3K
Net VEX	-753	-926	-635	-926	-759
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.34	0.31	0.38	0.33	0.31
Total Volume	347.6	329	373	343	373
Total OI	422.4	406	431	425	424

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
2017-01-03	$22.96	$20.74	85.0%	24.4%	22.7%	44.6%	72.6%	-30.3%	-20.9%	6.5K	-569.6K	-926	0.33	146.23	257	86	332	93
2017-01-04	$23.63	$20.74	80.3%	23.0%	24.0%	41.9%	74.8%	18.6%	-48.5%	6.3K	-615.3K	-846	0.33	152.33	257	86	332	93
2017-01-05	$23.64	$14.81	59.1%	15.7%	23.0%	29.8%	73.8%	20.6%	-20.8%	5.9K	-616.4K	-882	0.33	130.90	257	86	332	93
2017-01-06	$23.82	$14.81	92.0%	18.1%	22.2%	48.6%	73.6%	14.4%	-32.3%	6.9K	-633.2K	-767	0.33	120.88	257	86	332	93
2017-01-09	$23.85	$14.81	65.5%	18.7%	22.2%	33.4%	81.2%	13.9%	-37.1%	7.0K	-640.7K	-743	0.33	122.58	257	86	332	93
2017-01-10	$23.74	$14.81	104.5%	18.5%	22.4%	55.8%	85.8%	13.3%	-26.2%	6.5K	-631.8K	-735	0.35	124.41	243	86	332	93
2017-01-11	$23.82	$14.81	64.5%	18.5%	22.0%	32.9%	87.5%	14.6%	-36.6%	7.7K	-640.0K	-667	0.35	124.83	243	86	329	93
2017-01-12	$23.79	$14.81	66.6%	19.1%	21.1%	34.1%	86.0%	12.3%	-27.7%	6.0K	-621.2K	-741	0.35	124.56	243	86	329	93
2017-01-13	$24.09	$14.81	66.3%	19.0%	20.8%	33.9%	83.5%	17.7%	-17.8%	6.4K	-658.8K	-635	0.35	124.82	243	86	329	93
2017-01-17	$24.00	$14.81	70.4%	20.2%	21.1%	36.3%	91.5%	14.6%	-38.8%	5.8K	-641.4K	-665	0.36	124.94	243	89	329	93
2017-01-18	$23.99	$14.81	71.1%	20.4%	21.2%	36.7%	91.7%	14.8%	-38.9%	4.5K	-647.7K	-653	0.38	125.74	243	93	329	95
2017-01-19	$23.21	$14.81	74.2%	21.3%	24.9%	38.4%	94.0%	10.3%	-48.1%	5.0K	-599.1K	-676	0.38	126.08	243	93	329	99
2017-01-20	$23.11	$14.81	75.1%	21.5%	22.9%	39.0%	97.7%	16.4%	-39.7%	4.7K	-586.6K	-688	0.36	128.20	257	93	329	102
2017-01-23	$23.26	$14.81	80.1%	23.0%	21.6%	41.8%	99.8%	18.5%	-21.8%	5.2K	-564.6K	-776	0.37	127.79	242	89	311	95
2017-01-24	$23.90	$14.81	80.6%	23.1%	22.8%	42.1%	95.1%	24.2%	-14.4%	4.7K	-609.3K	-683	0.31	126.11	282	89	311	95
2017-01-25	$24.55	$14.81	62.5%	17.9%	24.4%	31.7%	104.1%	25.9%	-24.4%	5.7K	-642.8K	-823	0.31	131.47	284	89	324	95
2017-01-26	$24.62	$14.81	74.9%	21.5%	24.0%	38.9%	102.5%	19.3%	-13.9%	5.4K	-665.9K	-781	0.31	123.19	284	89	329	95
2017-01-27	$24.70	$14.81	80.2%	23.0%	22.4%	41.9%	110.3%	23.3%	-23.8%	6.0K	-656.8K	-799	0.31	126.59	284	89	329	95
2017-01-30	$24.21	$14.81	80.9%	23.2%	24.0%	42.3%	107.3%	22.7%	-18.5%	5.7K	-633.5K	-815	0.31	133.59	284	89	329	95
2017-01-31	$24.30	$14.81	85.5%	24.5%	23.3%	44.9%	118.0%	31.2%	-19.1%	6.3K	-647.3K	-759	0.31	132.45	284	89	329	95