PATK Options History — April 2017

In April 2017, PATK traded between $17.91 and $21.38. ATM implied volatility averaged 90.4%, placing in the 47.7% IV rank vs the trailing year. The 30-day expected move averaged 22.6%. IV traded above realized volatility by 53.9% (HV 20d: 36.5%). Max pain ranged from $17.78 to $22.22. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.38.

Notable Days

2017-04-18: Highest Volume — 176 contracts
2017-04-12: Largest IV drop — 44.6% change
2017-04-11: Highest IV Rank — 66.6%
2017-04-05: Largest Expected Move — 28.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.22	$17.91	$21.38	$19.79	$21.16
Max Pain	$18.17	$17.78	$22.22	$22.22	$17.78
ATM IV	90.4%	68.3%	123.3%	91.6%	83.7%
Expected Move	22.6%	12.7%	28.6%	26.3%	24.0%
HV 20d	36.5%	31.7%	41.8%	35.9%	41.8%
HV 60d	33.2%	31.3%	35.0%	31.3%	35.0%
IV Rank	47.7%	35.1%	66.6%	48.4%	43.9%
IV Percentile	85.4%	69.7%	98.0%	91.2%	82.1%
Term Structure	-31.7%	-62.5%	6.0%	-14.9%	-39.3%
VWIV	92.0%	50.9%	124.3%	117.5%	78.6%
Skew 25d	42.1%	-7.2%	79.1%	3.9%	15.9%
Skew 10d	19.7%	-78.5%	59.4%	-16.1%	10.0%
Call IV 25d	70.4%	36.2%	131.7%	116.8%	91.9%
Put IV 25d	112.5%	55.9%	124.5%	120.7%	107.8%
Bid-Ask Spread %	135.14	123.94	147.88	147.88	136.90
Gamma HHI	0.31	0.23	0.41	0.31	0.35
Net GEX	7.5K	-261	13.8K	10.4K	12.2K
Net DEX	-212.6K	-380.3K	-117.6K	-212.4K	-337.9K
Net VEX	-1.1K	-1.4K	-762	-1.0K	-1.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.38	0.24	0.52	0.52	0.24
Total Volume	148.789	121	176	121	161
Total OI	344.579	302	383	302	370

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
2017-04-03	$19.79	$22.22	91.6%	26.3%	35.9%	48.4%	117.5%	3.9%	-14.9%	10.4K	-212.4K	-1.0K	0.52	147.88	80	41	270	32
2017-04-04	$19.35	$19.26	98.8%	28.3%	31.7%	52.5%	123.4%	2.4%	-36.0%	8.0K	-201.3K	-1.0K	0.52	137.69	80	41	270	41
2017-04-05	$18.77	$19.26	99.7%	28.6%	32.3%	53.0%	124.3%	-7.2%	-17.0%	7.4K	-171.9K	-999	0.52	144.66	80	41	270	41
2017-04-06	$18.41	$17.78	103.6%	17.2%	32.1%	55.3%	93.9%	47.5%	-21.3%	6.6K	-140.8K	-882	0.52	136.74	80	41	270	41
2017-04-07	$18.92	$17.78	115.6%	18.1%	34.1%	62.2%	87.7%	69.0%	-40.0%	6.3K	-139.6K	-900	0.52	130.62	80	41	270	41
2017-04-10	$18.37	$17.78	114.2%	12.7%	35.1%	61.4%	50.9%	1.3%	-4.7%	5.5K	-117.6K	-762	0.52	125.72	80	41	270	41
2017-04-11	$18.59	$17.78	123.3%	19.9%	35.5%	66.6%	100.0%	67.4%	-33.9%	6.1K	-136.0K	-844	0.52	135.57	80	41	270	41
2017-04-12	$18.09	$17.78	68.3%	19.6%	35.7%	35.1%	104.9%	70.3%	-28.6%	5.8K	-134.9K	-856	0.52	138.96	80	41	270	41
2017-04-13	$17.91	$17.78	80.7%	23.1%	35.7%	42.2%	102.6%	66.7%	-33.9%	5.8K	-129.6K	-842	0.31	132.39	134	41	270	41
2017-04-17	$18.25	$17.78	88.1%	25.3%	36.8%	46.4%	79.6%	54.3%	-52.8%	6.7K	-206.5K	-1.2K	0.31	123.94	134	41	338	41
2017-04-18	$18.65	$17.78	79.1%	22.7%	37.3%	41.3%	103.2%	79.1%	-53.9%	8.6K	-187.2K	-1.2K	0.30	132.24	135	41	338	41
2017-04-19	$18.87	$17.78	75.8%	21.7%	36.8%	39.3%	89.4%	67.0%	-48.5%	6.3K	-205.9K	-1.2K	0.30	138.57	135	41	342	41
2017-04-20	$19.05	$17.78	86.2%	24.7%	37.1%	45.3%	99.6%	69.4%	-43.8%	3.6K	-232.9K	-1.3K	0.30	128.32	135	41	342	41
2017-04-21	$19.21	$17.78	88.2%	25.3%	37.0%	46.4%	103.5%	71.6%	-62.5%	-261	-236.3K	-1.3K	0.30	127.20	135	41	342	41
2017-04-24	$19.63	$17.78	89.3%	25.6%	38.0%	47.1%	68.7%	54.9%	-35.3%	9.1K	-264.0K	-1.2K	0.24	137.34	129	32	338	32
2017-04-25	$20.14	$17.78	74.0%	21.2%	39.1%	38.3%	75.3%	34.9%	-22.3%	9.6K	-290.4K	-1.3K	0.24	140.31	129	32	338	32
2017-04-26	$20.56	$17.78	74.2%	21.3%	39.7%	38.4%	78.4%	14.0%	-19.7%	10.3K	-313.6K	-1.3K	0.24	134.31	129	32	338	32
2017-04-27	$21.38	$17.78	83.0%	23.8%	41.6%	43.5%	65.9%	17.5%	6.0%	13.8K	-380.3K	-1.4K	0.24	138.35	129	32	338	32
2017-04-28	$21.16	$17.78	83.7%	24.0%	41.8%	43.9%	78.6%	15.9%	-39.3%	12.2K	-337.9K	-1.3K	0.24	136.90	129	32	338	32