PATK Options History — October 2017

In October 2017, PATK traded between $24.79 and $27.60. ATM implied volatility averaged 36.4%, placing in the 7.8% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 11.0% (HV 20d: 25.5%). Max pain ranged from $22.22 to $23.70. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.47.

Notable Days

  • 2017-10-31: Highest Volume — 1,388 contracts
  • 2017-10-26: Largest IV drop — 17.9% change
  • 2017-10-24: Highest IV Rank — 11.7%
  • 2017-10-24: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.49$24.79$27.60$25.54$27.60
Max Pain$23.50$22.22$23.70$22.22$23.70
ATM IV36.4%30.6%42.4%33.0%33.0%
Expected Move10.8%9.0%12.2%9.5%9.4%
HV 20d25.5%18.7%36.3%22.3%35.6%
HV 60d27.9%25.9%31.0%27.5%30.3%
IV Rank7.8%3.8%11.7%5.5%5.4%
IV Percentile24.3%4.8%37.3%19.4%19.0%
Term Structure-2.3%-6.2%6.3%5.0%-1.4%
VWIV36.9%24.6%42.4%25.2%33.5%
Skew 25d1.3%0.6%2.1%0.9%1.3%
Skew 10d1.8%-0.5%3.7%3.0%0.7%
Call IV 25d37.0%31.0%41.6%32.4%33.0%
Put IV 25d38.3%31.6%42.8%33.3%34.2%
Bid-Ask Spread %61.9654.1983.4759.3083.47
Gamma HHI0.470.330.780.680.38
Net GEX15.0K-1.4K48.1K13.7K30.4K
Net DEX-707.8K-2.0M-346.8K-567.4K-2.0M
Net VEX-1.7K-3.5K-1.1K-1.2K-3.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.470.252.571.861.06
Total Volume528.7732061,3882061,388
Total OI818.4555321,8315321,831

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-10-02$25.54$22.2233.0%9.5%22.3%5.5%25.2%0.9%5.0%13.7K-567.4K-1.2K1.8659.3072134311221
2017-10-03$25.76$22.2232.6%9.4%21.9%5.2%24.6%0.6%5.5%10.9K-573.8K-1.3K1.7767.5175134318255
2017-10-04$24.95$22.2231.3%9.0%26.4%4.3%30.8%0.6%6.3%13.7K-496.1K-1.4K1.1462.67143162324255
2017-10-05$24.92$23.7031.1%10.7%25.9%4.2%37.6%1.2%-2.6%16.9K-525.1K-1.7K1.1454.19143162396282
2017-10-06$25.02$23.7030.6%10.8%25.7%3.8%37.5%1.2%-2.8%16.9K-552.9K-1.6K1.1455.86143162396282
2017-10-09$24.83$23.7032.5%11.0%26.1%5.1%38.6%1.8%-3.3%17.7K-519.4K-1.6K1.1456.40143162396282
2017-10-10$24.79$23.7033.4%11.0%25.9%5.7%38.7%1.3%-3.4%17.9K-511.2K-1.6K1.1455.29143162396282
2017-10-11$24.92$23.7038.5%11.0%25.7%9.1%38.5%1.6%-3.6%18.0K-539.3K-1.6K1.1455.85143162396282
2017-10-12$24.98$23.7038.8%11.1%23.5%9.3%38.6%1.1%-3.5%17.7K-558.1K-1.5K1.1456.09143162396282
2017-10-13$25.04$23.7038.6%11.1%22.6%9.2%38.6%1.3%-3.6%17.7K-568.1K-1.5K2.3357.05143332396282
2017-10-16$25.16$23.7040.1%11.5%21.4%10.2%39.8%1.3%-4.8%3.9K-568.0K-1.5K2.3358.48143332396450
2017-10-17$24.90$23.7039.6%11.3%21.9%9.8%39.7%2.1%-4.1%-1.4K-476.1K-1.5K2.3357.23143332396450
2017-10-18$25.05$23.7039.9%11.4%21.8%10.1%40.3%1.2%-4.6%1.8K-538.8K-1.4K2.5758.17143365396450
2017-10-19$24.98$23.7039.8%11.4%22.0%10.0%40.2%1.8%-4.5%2.4K-531.2K-1.5K1.9359.05189365396485
2017-10-20$25.05$23.7040.5%11.6%21.3%10.5%40.4%1.2%-5.2%8.8K-416.6K-1.3K1.9358.10189365332485
2017-10-23$24.86$23.7041.5%11.9%21.3%11.2%41.8%0.8%-5.3%8.8K-346.8K-1.3K1.2458.99153189315291
2017-10-24$25.35$23.7042.4%12.2%21.9%11.7%42.0%0.9%-6.2%9.2K-421.9K-1.2K1.3363.64143189315291
2017-10-25$25.04$23.7042.2%12.1%18.7%11.6%42.4%2.0%-6.0%9.3K-373.1K-1.2K1.4064.66147203318291
2017-10-26$27.33$23.7034.6%9.9%36.2%6.5%35.1%0.9%-1.0%16.3K-758.5K-1.1K0.2563.40728183377305
2017-10-27$27.21$23.7034.5%9.9%36.3%6.5%34.0%1.7%-0.8%48.1K-1.9M-2.4K0.9979.13674669903305
2017-10-30$27.50$23.7033.3%9.5%35.6%5.6%34.7%1.7%-1.2%32.2K-1.9M-3.5K1.0578.536747021,007791
2017-10-31$27.60$23.7033.0%9.4%35.6%5.4%33.5%1.3%-1.4%30.4K-2.0M-3.4K1.0683.476747141,007824