PATK Options History — September 2018

In September 2018, PATK traded between $39.39 and $44.47. ATM implied volatility averaged 30.4%, placing in the 3.9% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 1.2% (HV 20d: 29.2%). Max pain ranged from $36.67 to $43.33. Net GEX was positive for 13 of 19 trading days. Term structure was in contango for 19 of 19 days. Put/call ratio averaged 1.84.

Notable Days

2018-09-20: Highest Volume — 523 contracts
2018-09-07: Largest IV drop — 7.4% change
2018-09-24: Highest IV Rank — 5.0%
2018-09-24: Largest Expected Move — 9.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$42.48	$39.39	$44.47	$43.40	$39.49
Max Pain	$39.82	$36.67	$43.33	$36.67	$40.00
ATM IV	30.4%	27.9%	32.4%	30.8%	31.6%
Expected Move	8.8%	8.4%	9.3%	8.8%	9.0%
HV 20d	29.2%	23.5%	32.1%	31.9%	30.3%
HV 60d	40.1%	39.1%	41.2%	40.4%	40.6%
IV Rank	3.9%	2.5%	5.0%	4.1%	4.6%
IV Percentile	8.1%	0.8%	19.8%	6.7%	15.1%
Term Structure	5.3%	1.2%	9.5%	1.2%	6.2%
VWIV	31.5%	28.8%	42.1%	42.1%	31.9%
Skew 25d	4.8%	3.0%	10.9%	8.7%	3.2%
Skew 10d	9.9%	5.7%	20.6%	11.4%	9.9%
Call IV 25d	28.0%	21.1%	31.9%	22.4%	30.8%
Put IV 25d	32.8%	28.9%	35.5%	31.1%	34.0%
Bid-Ask Spread %	81.64	58.60	129.40	129.40	70.26
Gamma HHI	0.35	0.22	0.52	0.41	0.28
Net GEX	5.9K	-23.2K	56.8K	4.2K	-3.7K
Net DEX	-161.7K	-563.6K	405.8K	-239.5K	16.9K
Net VEX	-1.2K	-2.0K	-361	-361	-2.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.84	0.67	3.23	1.88	2.40
Total Volume	303.474	201	523	225	220
Total OI	428.316	200	773	200	485

Daily Data (19 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
2018-09-04	$43.40	$36.67	30.8%	8.8%	31.9%	4.1%	42.1%	8.7%	1.2%	4.2K	-239.5K	-361	1.88	129.40	78	147	83	117
2018-09-05	$43.43	$36.67	30.4%	8.7%	31.9%	3.9%	32.5%	10.9%	1.4%	2.9K	-220.9K	-754	1.85	117.20	80	147	93	194
2018-09-06	$43.57	$40.00	30.1%	8.5%	31.9%	3.8%	29.6%	3.7%	6.0%	3.6K	-230.3K	-760	1.92	89.65	80	153	95	194
2018-09-07	$44.03	$40.00	27.9%	8.9%	31.7%	2.5%	30.4%	4.3%	4.1%	4.0K	-244.9K	-716	1.92	89.87	80	153	95	200
2018-09-10	$44.47	$40.00	28.4%	8.7%	31.6%	2.8%	28.8%	7.8%	5.6%	7.0K	-261.7K	-682	1.92	90.63	80	153	95	200
2018-09-11	$43.93	$40.00	29.7%	9.0%	32.1%	3.5%	31.1%	3.6%	4.3%	5.7K	-253.5K	-732	1.80	92.68	83	149	99	200
2018-09-12	$43.03	$40.00	30.8%	8.8%	31.1%	4.1%	29.9%	3.5%	5.1%	5.8K	-215.7K	-820	2.31	71.46	83	191	102	203
2018-09-13	$42.00	$40.00	30.3%	8.7%	25.8%	3.9%	30.0%	3.0%	5.2%	2.0K	-148.0K	-1.2K	2.10	66.36	92	192	111	251
2018-09-14	$43.80	$40.00	30.4%	8.7%	27.5%	3.9%	28.8%	4.0%	5.3%	5.8K	-249.2K	-1.1K	1.08	76.88	177	192	111	255
2018-09-17	$44.27	$40.00	29.4%	8.4%	24.8%	3.3%	31.9%	7.7%	9.5%	22.9K	-485.7K	-1.2K	0.67	126.99	285	192	192	255
2018-09-18	$44.23	$40.00	29.2%	8.4%	24.8%	3.3%	29.3%	3.2%	6.9%	56.8K	-563.6K	-1.2K	1.44	76.02	177	255	308	257
2018-09-19	$44.02	$40.00	29.7%	8.5%	23.5%	3.5%	31.0%	3.7%	7.0%	26.6K	-421.3K	-1.2K	1.12	62.75	237	266	308	321
2018-09-20	$42.65	$40.00	29.7%	8.5%	26.3%	3.5%	31.7%	4.2%	6.0%	-23.2K	113.6K	-1.5K	1.04	58.60	257	266	369	396
2018-09-21	$41.43	$40.00	30.8%	8.8%	28.3%	4.2%	30.3%	3.4%	6.0%	146	405.8K	-1.4K	0.84	70.91	234	197	377	396
2018-09-24	$40.10	$43.33	32.4%	9.3%	30.4%	5.0%	31.7%	3.4%	5.6%	-2.8K	-54.4K	-1.4K	3.23	59.61	60	194	152	239
2018-09-25	$39.39	$40.00	32.3%	9.3%	29.7%	5.0%	32.6%	3.8%	5.1%	-3.7K	18.0K	-2.0K	2.35	63.41	60	141	176	276
2018-09-26	$39.83	$40.00	32.0%	9.2%	30.2%	4.8%	32.8%	4.3%	5.4%	-1.8K	-10.9K	-1.9K	2.35	66.90	60	141	185	281
2018-09-27	$39.99	$40.00	31.9%	9.1%	30.1%	4.7%	31.4%	4.7%	5.7%	-681	-27.0K	-2.0K	2.64	71.64	59	155	186	281
2018-09-28	$39.49	$40.00	31.6%	9.0%	30.3%	4.6%	31.9%	3.2%	6.2%	-3.7K	16.9K	-2.0K	2.40	70.26	65	155	188	297