PATK Options History — May 2018

In May 2018, PATK traded between $37.40 and $42.30. ATM implied volatility averaged 66.8%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 16.4%. IV traded above realized volatility by 12.8% (HV 20d: 53.9%). Max pain ranged from $33.33 to $40.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.88.

Notable Days

  • 2018-05-16: Highest Volume — 260 contracts
  • 2018-05-08: Largest IV spike — 163.0% change
  • 2018-05-08: Highest IV Rank — 63.8%
  • 2018-05-02: Largest Expected Move — 30.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.67$37.40$42.30$38.33$40.37
Max Pain$34.09$33.33$40.00$40.00$36.67
ATM IV66.8%30.4%138.3%102.9%34.4%
Expected Move16.4%8.7%30.8%29.5%9.9%
HV 20d53.9%38.6%59.5%58.1%43.7%
HV 60d44.7%43.3%46.1%45.9%45.1%
IV Rank23.4%2.3%63.8%43.9%4.5%
IV Percentile55.5%4.4%98.0%88.5%29.0%
Term Structure-10.4%-56.9%16.9%-56.9%0.3%
VWIV53.3%34.7%91.4%88.8%34.7%
Skew 25d4.0%-33.9%72.9%4.1%-3.5%
Skew 10d5.6%-63.7%51.8%24.3%-8.0%
Call IV 25d58.7%24.8%147.7%147.7%35.8%
Put IV 25d62.7%27.0%153.0%151.7%32.4%
Bid-Ask Spread %155.48125.77169.28160.31125.77
Gamma HHI0.320.160.590.170.33
Net GEX5.9K-4.9K16.3K2.1K12.2K
Net DEX-147.9K-302.8K-50.2K-81.6K-155.5K
Net VEX-1.2K-1.9K-791-1.1K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.221.521.520.27
Total Volume167.364110260110220
Total OI232.636191347191281

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-05-01$38.33$40.00102.9%29.5%58.1%43.9%88.8%4.1%-56.9%2.1K-81.6K-1.1K1.52160.31446611774
2018-05-02$38.63$40.00107.3%30.8%58.1%46.3%91.4%10.1%-36.5%2.2K-97.4K-1.1K1.52159.68446611774
2018-05-03$37.40$33.33111.5%18.3%57.9%48.7%46.4%4.8%-5.4%2.2K-74.9K-1.0K1.52155.62446611774
2018-05-04$37.80$33.33116.7%11.9%57.4%51.6%43.2%-16.7%-17.2%2.3K-72.4K-9781.47162.07456611774
2018-05-07$39.40$33.3352.6%9.5%59.5%15.6%36.1%40.8%16.9%1.4K-50.2K-8951.47163.08456611974
2018-05-08$37.73$33.33138.3%21.0%57.6%63.8%57.6%-33.9%-22.4%2.5K-72.9K-9461.47168.54456611974
2018-05-09$38.20$33.3373.6%21.1%57.7%27.4%59.6%-26.6%4.5%2.5K-105.4K-1.0K1.52165.92446612274
2018-05-10$39.40$33.3349.4%14.1%58.6%13.8%44.5%8.4%-6.1%3.0K-77.4K-9801.52163.09446612274
2018-05-11$39.13$33.3369.2%19.8%58.1%24.9%57.2%1.8%-22.3%2.7K-124.8K-9561.52165.08446611974
2018-05-14$38.90$33.3359.5%17.1%58.1%19.5%38.2%-13.7%-5.8%2.1K-81.4K-8681.42169.28476611974
2018-05-15$38.70$33.3374.8%21.4%58.1%28.1%53.5%1.2%-34.6%2.6K-67.2K-8641.42167.02476612374
2018-05-16$39.87$33.3373.8%21.2%59.0%27.5%40.5%-8.1%-22.6%-4.9K-83.1K-7910.34157.231946612374
2018-05-17$40.33$33.3345.5%13.0%56.0%11.6%58.5%32.3%-18.9%1.8K-272.4K-1.8K0.34165.351946627374
2018-05-18$41.90$33.3346.3%13.3%57.0%12.1%63.1%-1.7%8.2%11.6K-264.6K-1.6K0.35148.231896627374
2018-05-21$42.30$33.3349.0%14.0%56.9%13.6%65.6%72.9%15.9%10.9K-302.8K-1.9K0.23144.231683921839
2018-05-22$41.77$33.3350.4%14.5%56.1%14.4%68.2%2.2%15.7%11.6K-298.1K-1.8K0.23152.621683921839
2018-05-23$39.90$33.3384.2%24.1%59.3%33.4%73.3%15.1%-32.6%10.4K-271.8K-1.7K0.23163.231683921839
2018-05-24$39.93$33.3330.4%8.7%40.4%2.3%36.9%-4.2%0.3%10.7K-129.2K-1.3K0.23141.981683921839
2018-05-25$39.63$33.3332.0%9.2%38.6%3.2%40.5%-1.4%-1.5%10.1K-122.6K-1.2K0.23138.491683921839
2018-05-29$41.03$33.3333.6%9.6%39.7%4.1%35.4%5.4%-6.8%13.1K-192.4K-1.5K0.22142.621743922439
2018-05-30$42.10$33.3333.5%9.6%40.5%4.0%38.9%-0.7%-1.6%16.3K-256.3K-1.6K0.27141.151734723439
2018-05-31$40.37$36.6734.4%9.9%43.7%4.5%34.7%-3.5%0.3%12.2K-155.5K-1.3K0.27125.771734723447