PATK Options History — March 2018

In March 2018, PATK traded between $40.03 and $44.87. ATM implied volatility averaged 80.9%, placing in the 31.5% IV rank vs the trailing year. The 30-day expected move averaged 16.7%. IV traded above realized volatility by 42.3% (HV 20d: 38.6%). Max pain ranged from $40.00 to $43.33. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.31.

Notable Days

2018-03-14: Highest Volume — 186 contracts
2018-03-28: Largest IV spike — 79.1% change
2018-03-12: Highest IV Rank — 93.4%
2018-03-01: Largest Expected Move — 30.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$42.61	$40.03	$44.87	$40.03	$41.27
Max Pain	$41.18	$40.00	$43.33	$43.33	$43.33
ATM IV	80.9%	32.3%	191.1%	106.4%	87.5%
Expected Move	16.7%	8.2%	30.5%	30.5%	25.1%
HV 20d	38.6%	30.9%	47.4%	47.1%	31.5%
HV 60d	99.6%	99.2%	100.1%	99.4%	100.1%
IV Rank	31.5%	4.2%	93.4%	45.8%	35.2%
IV Percentile	64.8%	13.5%	99.6%	92.5%	79.8%
Term Structure	-8.9%	-35.8%	22.2%	-35.8%	-11.0%
VWIV	83.5%	43.6%	136.8%	127.7%	89.4%
Skew 25d	8.3%	-14.4%	31.5%	-1.3%	7.6%
Skew 10d	15.0%	-28.2%	42.7%	-4.5%	8.2%
Call IV 25d	81.3%	36.7%	153.0%	138.8%	114.5%
Put IV 25d	89.5%	45.8%	171.5%	137.4%	122.1%
Bid-Ask Spread %	162.73	133.67	171.49	169.91	171.49
Gamma HHI	0.23	0.17	0.56	0.18	0.18
Net GEX	3.2K	-86	15.3K	387	651
Net DEX	-123.1K	-272.4K	-7.4K	-31.3K	-49.3K
Net VEX	-1.3K	-1.5K	-1.1K	-1.2K	-1.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.31	0.75	2.65	1.46	2.65
Total Volume	147.714	94	186	152	94
Total OI	204.714	158	272	201	166

Daily Data (21 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
2018-03-01	$40.03	$43.33	106.4%	30.5%	47.1%	45.8%	127.7%	-1.3%	-35.8%	387	-31.3K	-1.2K	1.46	169.91	62	90	96	105
2018-03-02	$40.60	$43.33	75.8%	21.7%	47.4%	28.6%	136.8%	18.6%	12.9%	-86	-7.4K	-1.2K	1.46	162.39	62	90	96	105
2018-03-05	$41.33	$0.00	123.8%	17.4%	45.6%	55.6%	0.0%	9.5%	6.4%	1.1K	-43.4K	-1.1K	1.46	166.18	62	90	96	105
2018-03-06	$42.27	$0.00	120.4%	16.6%	43.6%	53.7%	0.0%	25.8%	-19.5%	1.1K	-65.4K	-1.1K	0.98	166.22	92	90	96	105
2018-03-07	$42.73	$0.00	97.4%	16.7%	42.2%	40.8%	0.0%	12.1%	-31.1%	1.4K	-139.2K	-1.5K	0.98	165.09	92	90	132	105
2018-03-08	$41.80	$0.00	134.7%	16.7%	42.7%	61.7%	79.9%	10.8%	-21.6%	3.1K	-156.8K	-1.5K	0.77	168.18	92	71	132	105
2018-03-09	$43.13	$40.00	147.9%	16.5%	42.4%	69.2%	80.1%	25.5%	-13.2%	2.7K	-144.9K	-1.5K	0.77	167.33	92	71	132	116
2018-03-12	$43.53	$40.00	191.1%	17.2%	41.5%	93.4%	84.8%	31.5%	-15.4%	2.6K	-170.2K	-1.4K	0.77	163.08	92	71	132	116
2018-03-13	$44.50	$40.00	43.8%	8.2%	41.8%	10.7%	99.2%	7.3%	22.2%	13.9K	-272.4K	-1.3K	0.75	169.45	102	77	132	116
2018-03-14	$44.60	$40.00	47.2%	13.5%	40.8%	12.5%	67.3%	12.3%	-11.0%	8.0K	-269.8K	-1.4K	0.82	157.58	102	84	135	122
2018-03-15	$43.87	$40.00	42.4%	12.2%	40.4%	9.9%	110.2%	11.9%	-4.8%	15.3K	-228.9K	-1.4K	0.82	166.79	102	84	135	137
2018-03-16	$44.77	$40.00	43.2%	12.4%	36.0%	10.3%	99.0%	-7.1%	-7.7%	2.1K	-262.1K	-1.4K	0.84	156.77	101	84	135	137
2018-03-19	$44.20	$40.00	32.3%	9.2%	35.2%	4.2%	58.5%	12.6%	14.8%	3.6K	-140.3K	-1.4K	1.05	153.87	65	68	93	75
2018-03-20	$44.87	$40.00	45.8%	13.1%	32.0%	11.8%	111.1%	3.9%	-3.4%	2.4K	-144.1K	-1.4K	1.00	170.55	68	68	93	75
2018-03-21	$43.97	$40.00	48.0%	13.8%	30.9%	13.0%	53.0%	-14.4%	-12.1%	3.3K	-124.3K	-1.2K	1.02	153.00	68	69	83	75
2018-03-22	$42.80	$40.00	45.7%	13.1%	32.7%	11.7%	43.6%	0.9%	-15.2%	1.8K	-100.2K	-1.3K	1.02	165.94	68	69	83	77
2018-03-23	$41.13	$40.00	48.9%	14.0%	35.7%	13.5%	49.0%	-8.7%	-11.0%	1.3K	-92.3K	-1.2K	1.00	157.50	69	69	83	77
2018-03-26	$41.57	$43.33	83.8%	24.0%	34.6%	33.2%	84.1%	7.7%	-12.0%	861	-59.7K	-1.2K	2.65	161.40	26	68	83	81
2018-03-27	$40.79	$43.33	47.6%	13.6%	32.7%	12.8%	44.8%	4.2%	-4.9%	38	-36.0K	-1.2K	2.65	133.67	26	68	83	83
2018-03-28	$41.13	$43.33	85.3%	24.4%	32.9%	34.0%	83.9%	2.8%	-12.8%	689	-47.7K	-1.2K	2.65	170.92	26	68	83	83
2018-03-29	$41.27	$43.33	87.5%	25.1%	31.5%	35.2%	89.4%	7.6%	-11.0%	651	-49.3K	-1.2K	2.65	171.49	26	68	83	83