PATK Options History — July 2018

In July 2018, PATK traded between $37.57 and $41.23. ATM implied volatility averaged 69.2%, placing in the 24.3% IV rank vs the trailing year. The 30-day expected move averaged 20.2%. IV traded above realized volatility by 36.3% (HV 20d: 33.0%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 1.63.

Notable Days

  • 2018-07-02: Highest Volume — 187 contracts
  • 2018-07-10: Largest IV spike — 171.0% change
  • 2018-07-31: Highest IV Rank — 40.4%
  • 2018-07-31: Largest Expected Move — 28.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.75$37.57$41.23$39.23$41.03
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV69.2%31.8%97.6%69.0%97.6%
Expected Move20.2%14.1%28.0%19.8%28.0%
HV 20d33.0%26.6%48.6%32.6%47.1%
HV 60d42.1%35.0%45.1%45.1%41.0%
IV Rank24.3%3.1%40.4%24.1%40.4%
IV Percentile64.6%13.1%87.3%65.1%87.3%
Term Structure-28.3%-48.8%-7.8%-45.5%-42.6%
VWIV71.0%49.3%121.5%121.5%90.2%
Skew 25d-6.9%-45.4%24.0%2.5%-11.5%
Skew 10d49.7%-19.8%128.7%4.5%128.7%
Call IV 25d74.9%40.7%138.8%138.8%87.1%
Put IV 25d68.1%46.7%141.7%141.3%75.5%
Bid-Ask Spread %156.04133.70173.81173.32164.72
Gamma HHI0.320.270.420.320.40
Net GEX9.9K5.4K15.1K10.5K9.5K
Net DEX-228.0K-341.7K-111.0K-263.9K-280.6K
Net VEX-1.5K-2.1K-1.0K-2.1K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.631.222.711.252.10
Total Volume176.524137187187182
Total OI456.905411482471435

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-07-02$39.23$40.0069.0%19.8%32.6%24.1%121.5%2.5%-45.5%10.5K-263.9K-2.1K1.25173.3283104318153
2018-07-03$39.03$40.0069.7%20.0%30.3%24.5%118.8%7.2%-35.3%11.2K-280.1K-2.0K1.25173.8183104318153
2018-07-05$39.80$40.0031.8%17.7%30.9%3.1%57.6%6.6%-23.2%11.0K-251.8K-1.8K1.25152.7483104318153
2018-07-06$40.27$40.0076.0%18.8%29.8%28.1%56.1%1.7%-27.4%14.1K-341.7K-1.8K1.25148.4083104318153
2018-07-09$39.60$40.0034.5%18.6%30.0%4.6%62.0%24.0%-22.0%11.5K-294.1K-1.9K1.22153.4883101318153
2018-07-10$38.59$40.0093.4%19.2%28.4%38.0%67.5%-11.3%-25.2%11.4K-321.1K-2.0K1.22144.8183101318155
2018-07-11$38.53$40.0074.1%21.2%27.9%27.0%64.8%10.3%-48.8%10.3K-242.2K-1.9K1.25150.8883104321155
2018-07-12$39.27$40.0067.9%19.5%26.6%23.5%63.8%19.2%-25.1%10.0K-251.3K-1.9K1.25151.1283104321159
2018-07-13$39.70$40.0068.5%19.6%27.0%23.9%62.2%18.6%-26.2%12.1K-315.7K-1.8K1.25157.6083104321159
2018-07-16$39.32$40.0064.7%18.6%27.1%21.7%56.1%4.1%-19.3%10.7K-174.8K-1.6K1.25151.9283104321159
2018-07-17$40.65$40.0072.8%20.9%29.8%26.3%61.0%-39.5%-32.0%13.8K-246.2K-1.5K1.28154.1881104321159
2018-07-18$40.67$40.0050.4%14.5%29.8%13.6%54.4%-7.7%-7.8%12.5K-211.1K-1.2K1.24152.6581101321159
2018-07-19$40.83$40.0076.0%21.8%29.7%28.1%70.4%0.5%-29.1%15.1K-326.1K-1.6K1.24164.3781101321161
2018-07-20$40.33$40.0049.2%14.1%29.7%12.9%49.3%6.8%-9.0%6.6K-179.3K-1.2K1.24133.7081101321161
2018-07-23$40.47$40.0057.7%16.5%27.2%17.8%63.5%-21.4%-24.8%6.5K-147.1K-1.0K2.25165.724295264155
2018-07-24$38.37$40.0085.5%24.5%32.0%33.5%64.9%-31.1%-36.1%5.4K-111.0K-1.2K2.71152.9042114264155
2018-07-25$37.57$40.0064.3%18.4%32.7%21.5%80.2%-32.5%-28.4%6.3K-123.1K-1.2K2.39147.5442101264147
2018-07-26$41.23$40.0068.3%19.6%46.9%23.8%68.2%-34.0%-7.8%6.7K-159.9K-1.1K2.48151.6844108264149
2018-07-27$39.90$40.0088.1%25.3%48.6%35.0%79.1%-11.0%-36.5%5.6K-119.4K-1.1K2.66169.0744116266149
2018-07-30$40.27$40.0094.6%27.1%48.1%38.7%79.0%-45.4%-41.7%7.2K-146.3K-1.1K2.10162.2659123266149
2018-07-31$41.03$40.0097.6%28.0%47.1%40.4%90.2%-11.5%-42.6%9.5K-280.6K-1.4K2.10164.7259123279156