PATK Options History — May 2017

In May 2017, PATK traded between $19.29 and $22.19. ATM implied volatility averaged 66.7%, placing in the 34.2% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded above realized volatility by 29.6% (HV 20d: 37.1%). Max pain ranged from $17.78 to $20.74. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.18.

Notable Days

  • 2017-05-26: Highest Volume — 241 contracts
  • 2017-05-04: Largest IV spike — 120.3% change
  • 2017-05-09: Highest IV Rank — 53.3%
  • 2017-05-26: Largest Expected Move — 27.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.57$19.29$22.19$21.94$19.59
Max Pain$20.25$17.78$20.74$17.78$20.74
ATM IV66.7%24.8%100.2%53.1%90.0%
Expected Move17.0%7.1%27.2%15.2%25.8%
HV 20d37.1%33.8%42.7%42.7%34.7%
HV 60d36.7%35.5%37.6%35.8%36.2%
IV Rank34.2%10.2%53.3%26.4%47.5%
IV Percentile61.2%0.8%92.0%49.8%86.5%
Term Structure-14.2%-64.6%25.4%8.4%-44.5%
VWIV53.8%24.4%85.2%76.6%35.4%
Skew 25d16.0%-37.5%47.3%2.1%46.3%
Skew 10d13.3%-80.9%51.9%-16.5%5.8%
Call IV 25d78.5%30.1%110.8%86.6%74.0%
Put IV 25d94.5%38.2%127.4%88.7%120.3%
Bid-Ask Spread %150.94136.87166.24140.78162.74
Gamma HHI0.330.240.410.410.26
Net GEX12.4K8.0K17.7K14.9K14.0K
Net DEX-286.2K-410.2K-197.3K-374.8K-226.7K
Net VEX-1.2K-1.3K-950-1.3K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.020.240.240.11
Total Volume181.545118241161241
Total OI364.227269426370426

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-05-01$21.94$17.7853.1%15.2%42.7%26.4%76.6%2.1%8.4%14.9K-374.8K-1.3K0.24140.781293233832
2017-05-02$22.04$17.7857.6%16.5%35.4%29.0%66.7%3.5%-10.7%15.4K-390.8K-1.3K0.24136.871293233832
2017-05-03$22.19$17.7843.0%12.3%33.8%20.6%74.7%-0.6%25.0%16.3K-410.2K-1.3K0.24138.901293233832
2017-05-04$21.00$0.0094.8%15.5%38.3%50.3%0.0%17.1%-17.8%17.7K-323.9K-1.2K0.23161.411343233832
2017-05-05$21.38$0.0093.7%15.8%37.4%49.6%0.0%23.9%-9.5%13.8K-349.4K-1.3K0.23155.131343234232
2017-05-08$20.74$0.0092.5%17.0%38.9%48.9%0.0%11.7%-30.7%12.7K-325.5K-1.2K0.20152.841493234232
2017-05-09$20.77$0.00100.2%13.3%36.8%53.3%51.2%-0.1%-0.5%13.3K-312.1K-1.2K0.23139.381493534532
2017-05-10$20.61$20.7462.5%17.9%37.0%31.8%71.8%17.9%-9.0%13.8K-319.8K-1.2K0.23156.851493534535
2017-05-11$20.71$20.7448.1%13.8%35.0%23.5%50.4%11.7%-16.3%12.1K-302.2K-1.2K0.23152.521493534535
2017-05-12$20.62$20.7467.3%19.3%34.7%34.5%83.0%24.6%-9.1%13.4K-293.6K-1.1K0.23152.381493534535
2017-05-15$20.81$20.7448.4%13.9%34.4%23.7%50.0%18.9%-7.4%13.6K-302.0K-1.2K0.23146.311493534535
2017-05-16$21.10$20.7468.2%19.6%34.1%35.0%85.2%22.4%-24.9%17.0K-308.2K-1.0K0.23145.531493534535
2017-05-17$20.05$20.7469.3%19.9%39.5%35.6%62.5%11.8%-44.6%8.4K-254.6K-1.0K0.23152.151493534535
2017-05-18$19.87$20.7475.0%21.5%39.7%38.9%60.6%23.9%-24.0%8.1K-229.3K-1.0K0.23151.851493534535
2017-05-19$19.76$20.7476.9%22.0%39.7%40.0%45.9%-37.5%-62.8%9.0K-218.0K-9740.23140.321493534535
2017-05-22$20.30$20.7428.2%8.1%40.1%12.1%31.3%47.3%22.8%8.3K-206.5K-9500.03159.7211352645
2017-05-23$20.19$20.7424.8%7.1%39.1%10.2%24.4%8.1%18.6%8.2K-197.3K-9520.03149.2411352695
2017-05-24$20.16$20.7443.7%12.5%38.3%21.0%28.0%38.8%25.4%8.0K-231.3K-1.0K0.02158.1714952695
2017-05-25$20.06$20.7446.1%13.2%35.3%22.4%40.1%33.3%18.3%11.3K-232.3K-1.0K0.12155.24203263058
2017-05-26$19.29$20.7494.8%27.2%37.5%50.3%45.3%8.1%-64.6%10.8K-257.4K-1.3K0.11146.002152635927
2017-05-30$19.45$20.7489.5%25.7%34.6%47.2%39.5%19.8%-53.5%11.9K-230.7K-1.3K0.11166.242152639927
2017-05-31$19.59$20.7490.0%25.8%34.7%47.5%35.4%46.3%-44.5%14.0K-226.7K-1.3K0.11162.742152639927