PATK Options History — August 2018

In August 2018, PATK traded between $37.93 and $43.23. ATM implied volatility averaged 70.0%, placing in the 25.8% IV rank vs the trailing year. The 30-day expected move averaged 18.3%. IV traded above realized volatility by 18.9% (HV 20d: 51.1%). Max pain ranged from $33.33 to $40.00. Net GEX was positive for 8 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 2.49.

Notable Days

  • 2018-08-13: Highest Volume — 299 contracts
  • 2018-08-08: Largest IV spike — 258.2% change
  • 2018-08-13: Highest IV Rank — 82.0%
  • 2018-08-03: Largest Expected Move — 31.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.43$37.93$43.23$37.93$42.57
Max Pain$35.80$33.33$40.00$40.00$36.67
ATM IV70.0%23.4%170.4%71.9%84.1%
Expected Move18.3%10.6%31.0%20.6%24.1%
HV 20d51.1%31.4%60.0%55.2%31.4%
HV 60d42.3%40.3%43.7%43.3%40.3%
IV Rank25.8%0.0%82.0%25.8%33.9%
IV Percentile58.4%0.0%99.2%66.3%74.6%
Term Structure-18.8%-53.6%24.7%-44.3%-39.6%
VWIV61.9%37.6%99.8%98.9%91.0%
Skew 25d-21.5%-83.4%18.5%-56.4%14.6%
Skew 10d16.7%-62.8%139.5%133.2%40.5%
Call IV 25d75.0%30.5%144.3%135.5%106.4%
Put IV 25d53.5%28.1%121.0%79.1%121.0%
Bid-Ask Spread %165.35153.80174.13160.32174.13
Gamma HHI0.340.230.550.360.23
Net GEX645-12.5K10.8K7.2K-997
Net DEX-184.4K-391.7K-72.2K-170.4K-135.8K
Net VEX-1.1K-1.8K-614-1.3K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.491.892.962.282.62
Total Volume261.478193299193282
Total OI396.478255546435283

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-08-01$37.93$40.0071.9%20.6%55.2%25.8%98.9%-56.4%-44.3%7.2K-170.4K-1.3K2.28160.3259134279156
2018-08-02$39.07$40.00106.3%30.5%55.8%45.3%93.7%-83.4%-49.7%6.6K-153.3K-1.3K2.28156.5459134279167
2018-08-03$39.67$40.00108.0%31.0%55.9%46.3%99.8%-55.3%-53.6%7.4K-201.0K-1.4K2.28164.2059134279167
2018-08-06$39.97$36.6738.7%13.1%55.6%7.0%43.1%-27.6%2.0%-2.6K-96.6K-8562.23159.9760134279167
2018-08-07$40.20$36.6723.4%17.6%54.8%0.0%52.4%-33.4%-18.6%-8.1K-72.2K-8712.23172.9660134279165
2018-08-08$40.33$36.6783.7%17.7%54.8%33.6%52.8%-15.9%-19.1%7.4K-229.9K-1.3K1.89167.4471134279165
2018-08-09$41.00$33.3386.0%17.9%54.7%34.9%56.6%-34.3%-12.4%10.7K-391.7K-1.3K2.38172.2387207305165
2018-08-10$41.49$33.33104.3%18.1%54.7%45.1%55.2%-29.1%-14.5%6.9K-349.7K-1.8K2.42168.9286207305240
2018-08-13$41.67$33.33170.4%18.5%54.5%82.0%69.7%10.0%-18.5%7.8K-243.3K-1.6K2.26170.3492207306240
2018-08-14$43.03$33.3355.6%17.9%54.4%18.0%52.7%-1.4%-29.3%10.8K-316.8K-1.2K2.26166.1192207299240
2018-08-15$40.80$33.3367.8%19.5%58.0%24.8%56.8%-31.1%-13.2%-12.5K-133.2K-1.2K2.26164.1692207299240
2018-08-16$42.13$33.3363.6%18.2%59.1%22.4%54.6%-42.9%-25.7%-4.4K-180.8K-1.0K2.26169.8592207299240
2018-08-17$40.87$33.3347.4%13.6%60.0%13.4%40.1%-13.3%-22.2%-2.6K-188.7K-9012.26160.8792207299240
2018-08-20$41.23$33.3343.6%12.5%60.0%11.3%51.8%-6.8%-4.3%-3.4K-115.8K-9112.87153.806819475180
2018-08-21$42.30$33.3345.3%13.0%57.0%12.3%37.6%-27.1%7.5%-991-173.4K-6142.96166.646920478180
2018-08-22$42.17$36.6736.8%10.6%56.3%7.5%37.9%-3.7%0.6%-3.2K-152.3K-7902.96157.206920483191
2018-08-23$42.40$36.6772.8%20.9%45.9%27.6%61.3%-55.0%-33.5%-1.8K-115.4K-1.1K2.96170.606920483191
2018-08-24$42.40$36.6742.6%12.2%44.1%10.7%53.2%17.2%24.7%-2.3K-134.1K-1.0K2.96168.416920483191
2018-08-27$43.23$36.6779.2%22.7%44.5%31.1%74.1%-12.8%-30.8%-2.1K-164.1K-8792.67157.027720483191
2018-08-28$43.20$36.6775.9%21.8%44.1%29.3%70.7%-23.4%-20.8%-1.4K-194.8K-8952.67166.887720492191
2018-08-29$42.63$36.6748.5%13.9%32.8%14.0%60.0%18.5%0.2%-1.8K-170.0K-9372.67169.667720492191
2018-08-30$42.57$36.6752.8%15.2%31.7%16.4%61.0%-2.1%-17.8%-1.8K-157.3K-9522.67164.717720492191
2018-08-31$42.57$36.6784.1%24.1%31.4%33.9%91.0%14.6%-39.6%-997-135.8K-1.1K2.62174.137820492191