PATK Options History — November 2017

In November 2017, PATK traded between $25.73 and $29.93. ATM implied volatility averaged 35.6%, placing in the 7.2% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 1.6% (HV 20d: 34.0%). Max pain ranged from $23.70 to $26.67. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 1.03.

Notable Days

  • 2017-11-03: Highest Volume — 1,677 contracts
  • 2017-11-03: Largest IV spike — 147.7% change
  • 2017-11-03: Highest IV Rank — 35.1%
  • 2017-11-30: Largest Expected Move — 21.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.23$25.73$29.93$27.24$29.93
Max Pain$24.62$23.70$26.67$23.70$23.70
ATM IV35.6%26.4%77.3%31.1%74.7%
Expected Move9.3%7.6%21.4%8.9%21.4%
HV 20d34.0%24.0%39.4%33.6%28.2%
HV 60d29.5%28.2%30.7%30.4%29.1%
IV Rank7.2%1.0%35.1%4.2%33.3%
IV Percentile13.1%0.4%70.2%4.4%66.3%
Term Structure2.6%-13.6%25.9%-1.3%-13.6%
VWIV32.3%27.2%61.4%31.3%61.4%
Skew 25d0.6%-38.0%8.4%1.2%-38.0%
Skew 10d3.3%-36.1%31.4%2.9%31.4%
Call IV 25d36.0%28.4%85.8%30.8%85.8%
Put IV 25d36.6%29.5%78.5%32.0%47.8%
Bid-Ask Spread %77.1247.18144.4785.87136.50
Gamma HHI0.320.240.490.380.24
Net GEX35.1K20.8K49.2K33.6K27.7K
Net DEX-2.0M-3.5M-728.2K-1.8M-2.4M
Net VEX-4.0K-5.5K-2.7K-3.5K-3.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.671.911.141.19
Total Volume1,299.7626801,6771,470823
Total OI2,218.8571,8432,6991,8432,010

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-11-01$27.24$23.7031.1%8.9%33.6%4.2%31.3%1.2%-1.3%33.6K-1.8M-3.5K1.1485.876877831,007836
2017-11-02$27.57$23.7031.2%9.1%33.6%4.3%28.9%2.9%0.5%24.9K-1.9M-3.5K1.1647.186877951,025905
2017-11-03$27.24$23.7077.3%10.1%34.2%35.1%37.4%8.4%25.9%20.8K-1.8M-5.5K0.90144.478827951,220917
2017-11-06$26.79$23.7048.0%7.7%34.8%15.5%42.3%7.4%16.4%27.1K-1.8M-4.9K0.85128.118827551,220917
2017-11-07$26.39$26.6732.1%8.6%35.4%4.9%29.5%2.0%2.9%33.4K-1.2M-4.7K0.8755.138697551,2201,058
2017-11-08$26.39$26.6726.4%7.6%35.4%1.0%27.2%0.6%6.5%33.5K-1.3M-4.7K0.8666.298767551,2331,058
2017-11-09$25.97$26.6730.0%8.6%36.0%3.4%30.1%2.2%2.7%35.8K-921.8K-4.6K0.8460.608767371,2291,058
2017-11-10$25.90$26.6730.4%8.7%36.0%3.7%30.4%2.5%3.4%36.9K-906.7K-4.3K0.8459.238787371,2291,074
2017-11-13$25.82$26.6730.2%8.7%36.0%3.6%29.2%1.6%3.7%34.0K-824.5K-4.2K1.5863.774717411,2411,074
2017-11-14$26.12$25.1930.3%8.7%35.9%3.6%30.0%1.0%3.5%39.9K-1.1M-4.1K1.5962.554677411,2501,094
2017-11-15$25.73$25.1931.8%9.1%36.4%4.6%29.5%2.2%2.4%23.8K-728.2K-3.9K1.2563.425937411,2501,094
2017-11-16$26.77$25.1930.1%8.6%38.8%3.5%28.6%2.7%3.3%49.2K-1.6M-4.4K0.8763.407976931,2741,094
2017-11-17$26.87$23.7029.8%8.6%38.8%3.3%27.6%2.3%3.6%46.0K-2.8M-4.5K0.7070.759326561,6141,085
2017-11-20$27.14$23.7031.2%8.9%38.6%4.2%29.1%2.5%-0.9%43.2K-2.3M-4.2K0.6771.557104731,376764
2017-11-21$27.99$23.7029.7%8.5%39.4%3.3%29.7%2.1%-0.1%37.8K-2.8M-3.7K0.6769.207074731,382764
2017-11-22$27.91$23.7029.5%8.5%39.0%3.1%29.6%1.1%0.0%40.1K-2.8M-3.6K0.8671.175524731,416764
2017-11-24$28.12$23.7030.0%8.6%24.0%3.5%30.3%1.7%-0.6%40.2K-3.0M-3.3K0.9075.995274731,431764
2017-11-27$27.85$23.7031.3%9.0%24.3%4.3%32.0%2.3%-1.3%42.1K-2.8M-3.4K0.9073.345274731,436764
2017-11-28$28.98$23.7031.0%8.9%27.7%4.1%31.9%1.9%-1.7%33.9K-3.5M-2.7K1.9172.582344461,436764
2017-11-29$29.19$23.7031.3%9.0%27.8%4.3%32.2%1.5%-1.8%32.7K-3.4M-2.9K1.1978.333774461,412837
2017-11-30$29.93$23.7074.7%21.4%28.2%33.3%61.4%-38.0%-13.6%27.7K-2.4M-3.4K1.19136.503774461,173837