PATK Options History — February 2017

In February 2017, PATK traded between $23.21 and $25.24. ATM implied volatility averaged 74.5%, placing in the 38.6% IV rank vs the trailing year. The 30-day expected move averaged 19.0%. IV traded above realized volatility by 49.1% (HV 20d: 25.5%). Max pain ranged from $14.81 to $23.70. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.31.

Notable Days

2017-02-16: Highest Volume — 421 contracts
2017-02-08: Largest IV drop — 40.4% change
2017-02-07: Highest IV Rank — 58.0%
2017-02-01: Largest Expected Move — 24.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.08	$23.21	$25.24	$24.21	$23.59
Max Pain	$22.59	$14.81	$23.70	$14.81	$23.70
ATM IV	74.5%	48.2%	108.3%	86.2%	72.2%
Expected Move	19.0%	13.8%	24.7%	24.7%	20.7%
HV 20d	25.5%	21.0%	29.5%	22.9%	29.5%
HV 60d	26.3%	24.8%	27.1%	26.3%	25.7%
IV Rank	38.6%	23.5%	58.0%	45.3%	37.3%
IV Percentile	77.0%	56.2%	93.6%	87.6%	77.3%
Term Structure	-19.9%	-45.2%	14.4%	-22.1%	-19.2%
VWIV	63.3%	22.1%	120.5%	120.5%	65.3%
Skew 25d	10.4%	-25.5%	27.3%	27.3%	6.0%
Skew 10d	20.3%	-24.6%	48.9%	48.9%	5.0%
Call IV 25d	84.1%	69.2%	113.0%	113.0%	69.2%
Put IV 25d	94.5%	56.3%	140.3%	140.3%	75.2%
Bid-Ask Spread %	136.13	122.66	154.42	133.33	152.15
Gamma HHI	0.34	0.25	0.47	0.33	0.36
Net GEX	8.7K	5.6K	12.8K	5.8K	11.7K
Net DEX	-615.3K	-858.6K	-343.9K	-638.6K	-382.4K
Net VEX	-950	-1.1K	-626	-766	-1.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.31	0.27	0.36	0.30	0.33
Total Volume	309.053	118	421	386	125
Total OI	414.158	283	566	424	296

Daily Data (19 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
2017-02-01	$24.21	$14.81	86.2%	24.7%	22.9%	45.3%	120.5%	27.3%	-22.1%	5.8K	-638.6K	-766	0.30	133.33	297	89	329	95
2017-02-02	$23.99	$0.00	88.9%	15.5%	21.1%	46.8%	0.0%	15.8%	0.8%	6.1K	-642.0K	-860	0.30	132.43	291	89	342	95
2017-02-03	$24.01	$0.00	92.6%	18.0%	21.1%	49.0%	0.0%	14.2%	-18.8%	7.0K	-657.6K	-890	0.30	124.91	291	89	350	95
2017-02-06	$23.97	$0.00	105.1%	19.1%	21.0%	56.2%	0.0%	13.7%	-28.7%	7.0K	-698.4K	-729	0.30	124.17	291	89	350	95
2017-02-07	$24.08	$0.00	108.3%	16.4%	21.0%	58.0%	0.0%	15.7%	-20.3%	5.6K	-655.4K	-891	0.30	135.99	291	89	350	95
2017-02-08	$24.32	$0.00	64.5%	18.5%	21.2%	32.9%	0.0%	18.8%	-24.3%	6.8K	-651.3K	-878	0.29	125.14	305	89	350	95
2017-02-09	$25.24	$0.00	54.8%	15.7%	24.8%	27.3%	0.0%	-14.0%	-23.7%	9.3K	-806.0K	-626	0.29	123.66	305	89	369	95
2017-02-10	$24.90	$0.00	66.1%	19.0%	25.4%	33.8%	0.0%	14.3%	-31.1%	8.0K	-748.8K	-842	0.28	122.66	315	89	369	95
2017-02-13	$24.50	$0.00	69.0%	19.8%	25.9%	35.5%	0.0%	14.3%	-45.2%	8.3K	-751.2K	-1.1K	0.28	128.38	315	89	405	95
2017-02-14	$24.65	$0.00	69.6%	20.0%	25.9%	35.8%	0.0%	17.9%	-41.9%	9.7K	-776.8K	-1.0K	0.28	130.20	315	89	405	95
2017-02-15	$24.96	$0.00	69.3%	19.9%	26.2%	35.7%	0.0%	25.7%	-29.0%	9.8K	-805.1K	-936	0.28	129.22	315	89	404	95
2017-02-16	$23.97	$0.00	48.2%	13.8%	27.7%	23.5%	22.1%	1.5%	14.4%	7.4K	-812.5K	-878	0.27	154.42	332	89	404	95
2017-02-17	$23.32	$23.70	66.5%	19.1%	29.5%	34.0%	54.2%	-23.4%	-17.8%	9.5K	-858.6K	-1.1K	0.27	143.59	323	89	471	95
2017-02-21	$23.33	$23.70	76.3%	21.9%	29.5%	39.6%	65.9%	-25.5%	-13.2%	10.0K	-359.5K	-1.1K	0.36	138.61	86	32	251	32
2017-02-22	$23.61	$23.70	55.9%	16.0%	28.1%	28.0%	36.4%	15.3%	12.1%	11.4K	-357.6K	-1.1K	0.36	141.48	86	32	255	32
2017-02-23	$23.21	$23.70	78.3%	22.4%	26.7%	40.8%	85.1%	18.2%	-38.3%	9.0K	-343.9K	-1.1K	0.36	152.88	86	32	255	32
2017-02-24	$23.44	$23.70	81.5%	23.4%	27.0%	42.6%	81.7%	22.1%	-37.7%	9.5K	-350.2K	-1.0K	0.33	142.08	93	32	255	32
2017-02-27	$24.13	$23.70	62.6%	17.9%	29.2%	31.8%	38.3%	19.9%	5.7%	12.8K	-394.3K	-1.1K	0.33	151.15	93	32	264	32
2017-02-28	$23.59	$23.70	72.2%	20.7%	29.5%	37.3%	65.3%	6.0%	-19.2%	11.7K	-382.4K	-1.1K	0.33	152.15	93	32	264	32