PATK Options History — August 2017

In August 2017, PATK traded between $20.34 and $22.56. ATM implied volatility averaged 33.1%, placing in the 6.4% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 3.9% (HV 20d: 29.2%). Max pain ranged from $17.78 to $22.22. Net GEX was positive for 15 of 23 trading days. Term structure was in contango for 19 of 23 days. Put/call ratio averaged 2.05.

Notable Days

  • 2017-08-01: Highest Volume — 323 contracts
  • 2017-08-07: Largest IV spike — 18.1% change
  • 2017-08-07: Highest IV Rank — 9.3%
  • 2017-08-14: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.39$20.34$22.56$22.56$21.91
Max Pain$21.00$17.78$22.22$17.78$22.22
ATM IV33.1%31.6%37.5%33.6%31.6%
Expected Move9.4%9.1%9.8%9.6%9.1%
HV 20d29.2%25.8%33.9%32.3%31.4%
HV 60d32.8%31.6%33.9%33.2%31.6%
IV Rank6.4%5.4%9.3%6.7%5.4%
IV Percentile16.4%10.3%24.6%17.9%10.3%
Term Structure1.5%-1.0%3.7%0.5%0.7%
VWIV32.7%31.0%34.1%33.6%31.0%
Skew 25d0.7%-1.3%2.2%2.1%0.6%
Skew 10d1.8%-2.8%7.2%5.7%-2.8%
Call IV 25d32.3%31.1%33.6%32.1%31.5%
Put IV 25d33.0%32.1%34.3%34.3%32.1%
Bid-Ask Spread %59.6036.0697.6993.6470.27
Gamma HHI0.340.220.620.300.24
Net GEX7.3K-7.1K26.0K22.1K281
Net DEX-120.9K-378.1K67.2K-378.1K-90.4K
Net VEX-1.1K-1.3K-920-1.3K-1.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.051.464.711.882.19
Total Volume237.217139323323174
Total OI592.913361746708431

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-08-01$22.56$17.7833.6%9.6%32.3%6.7%33.6%2.1%0.5%22.1K-378.1K-1.3K1.8893.64113210498210
2017-08-02$21.94$17.7833.9%9.7%32.1%7.0%33.2%1.1%-1.0%18.0K-277.9K-1.3K1.5597.69113174498210
2017-08-03$21.41$20.7434.6%9.3%30.8%7.4%32.7%0.9%3.2%13.5K-172.6K-1.2K1.5562.19113174498215
2017-08-04$21.67$20.7431.8%9.3%26.5%5.5%32.3%-1.3%2.4%13.4K-202.3K-1.3K1.5556.45113174498248
2017-08-07$22.06$20.7437.5%9.7%27.0%9.3%32.5%-0.4%2.2%18.0K-275.0K-1.2K1.5558.35113174498221
2017-08-08$21.91$20.7434.5%9.4%27.0%7.3%32.8%0.6%2.6%18.2K-256.9K-1.2K1.5061.76116174498221
2017-08-09$21.50$20.7433.2%9.5%27.5%6.5%33.3%0.8%2.1%14.4K-186.6K-1.2K1.5036.06116174500221
2017-08-10$21.36$20.7434.1%9.8%27.5%7.0%33.7%-0.0%2.4%13.9K-156.9K-1.1K1.5047.13116174500221
2017-08-11$21.51$20.7432.6%9.4%27.7%6.1%33.1%0.8%3.2%17.3K-185.5K-1.1K1.4642.33120174504221
2017-08-14$21.85$20.7434.1%9.8%28.2%7.0%33.6%0.4%1.8%26.0K-261.2K-1.1K1.4641.63120174504221
2017-08-15$21.76$20.7432.5%9.3%27.6%6.0%32.9%0.5%2.5%22.2K-226.1K-1.0K1.4650.20120174504221
2017-08-16$21.17$20.7432.7%9.4%28.3%6.2%33.0%1.1%3.3%3.7K-125.0K-9521.4645.72120174504221
2017-08-17$20.58$20.7432.4%9.3%29.1%6.0%32.6%2.2%2.2%7.8K-51.8K-9492.0456.9286174504221
2017-08-18$20.34$20.7431.8%9.1%29.3%5.6%32.3%0.6%3.7%-6.3K6.6K-9301.6454.1686140500221
2017-08-21$20.39$20.7432.4%9.3%29.3%6.0%32.1%0.5%0.8%-7.1K67.2K-9584.7164.7826113113248
2017-08-22$20.90$22.2232.9%9.4%30.5%6.3%32.6%1.8%-0.2%-6.1K41.2K-9513.3058.5335113113255
2017-08-23$20.55$22.2232.9%9.4%26.4%6.3%32.2%0.8%-0.2%-6.5K56.0K-1.0K3.0059.2139113129255
2017-08-24$20.56$22.2231.8%9.1%25.9%5.6%32.3%0.9%1.4%-6.6K57.5K-9983.0061.1839113129255
2017-08-25$20.53$22.2232.0%9.2%25.8%5.7%31.6%1.0%1.0%-6.7K55.5K-9673.0064.8439113129255
2017-08-28$21.78$22.2232.9%9.4%33.9%6.3%33.3%0.1%-0.3%-1.5K-39.8K-9201.9462.7359113129255
2017-08-29$21.78$22.2232.7%9.4%33.8%6.2%34.1%0.8%0.1%-652-73.0K-1.0K1.9462.1762120156261
2017-08-30$22.02$22.2232.4%9.3%32.6%6.0%31.5%0.8%0.6%1.1K-105.0K-1.0K1.9462.8862120162261
2017-08-31$21.91$22.2231.6%9.1%31.4%5.4%31.0%0.6%0.7%281-90.4K-1.0K2.1970.2754120162269