PATK Options History — October 2018

In October 2018, PATK traded between $26.80 and $38.69. ATM implied volatility averaged 72.0%, placing in the 27.1% IV rank vs the trailing year. The 30-day expected move averaged 19.3%. IV traded above realized volatility by 36.5% (HV 20d: 35.5%). Max pain ranged from $36.67 to $40.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 3.24.

Notable Days

  • 2018-10-25: Highest Volume — 1,888 contracts
  • 2018-10-26: Largest IV spike — 215.7% change
  • 2018-10-29: Highest IV Rank — 62.7%
  • 2018-10-29: Largest Expected Move — 38.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.22$26.80$38.69$38.04$29.28
Max Pain$37.10$36.67$40.00$40.00$36.67
ATM IV72.0%36.3%135.8%36.3%124.0%
Expected Move19.3%10.4%38.9%10.4%35.5%
HV 20d35.5%31.1%52.6%32.5%50.9%
HV 60d40.0%35.1%42.4%41.2%40.7%
IV Rank27.1%7.2%62.7%7.2%56.1%
IV Percentile57.1%26.2%98.0%27.4%95.2%
Term Structure-9.3%-79.1%33.1%4.4%-60.5%
VWIV83.2%34.7%140.5%34.7%116.3%
Skew 25d34.2%-39.5%119.2%4.3%77.0%
Skew 10d8.4%-98.4%56.2%8.0%-52.1%
Call IV 25d59.4%33.0%155.6%33.3%53.7%
Put IV 25d93.5%37.5%173.4%37.5%130.7%
Bid-Ask Spread %138.0976.14168.6276.14145.27
Gamma HHI0.390.230.830.320.72
Net GEX-19.2K-118.1K-1.8K-7.9K-67.3K
Net DEX414.2K-24.9K2.0M108.1K1.5M
Net VEX-2.9K-8.1K-1.6K-2.0K-7.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.241.3316.721.962.40
Total Volume399.0431981,888213373
Total OI8024562,1084912,108

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-10-01$38.04$40.0036.3%10.4%32.5%7.2%34.7%4.3%4.4%-7.9K108.1K-2.0K1.9676.1472141192299
2018-10-02$37.61$40.0044.8%12.8%31.1%11.9%47.3%20.7%3.1%-2.3K57.4K-2.2K2.47152.7457141207302
2018-10-03$38.69$40.0068.5%19.6%33.5%25.1%81.7%43.8%-7.5%-7.2K45.7K-2.0K2.47168.6257141204302
2018-10-04$38.44$36.6785.4%12.6%33.4%34.6%68.2%-39.5%14.3%-2.2K-24.9K-2.1K2.47155.3057141203302
2018-10-05$37.87$36.6750.9%11.1%32.9%15.4%55.7%-5.9%-7.5%-5.1K80.6K-2.0K2.47139.7057141203302
2018-10-08$36.93$36.6742.1%11.7%32.8%10.5%43.1%0.8%-3.2%-11.3K177.0K-1.8K1.94112.4278152203302
2018-10-09$35.79$36.67128.4%21.3%33.7%58.5%99.2%69.9%-45.5%-5.9K126.7K-2.3K1.94137.2978152224315
2018-10-10$35.90$36.6746.8%13.4%33.8%13.0%55.2%13.1%-7.5%-12.0K226.1K-2.0K1.82129.9883150224314
2018-10-11$36.96$36.6748.9%14.0%35.8%14.3%62.9%11.2%8.7%-9.7K168.5K-2.1K1.56141.7896150231314
2018-10-12$35.65$36.6757.3%16.4%32.4%18.9%101.3%31.2%-3.2%-4.2K75.1K-2.2K1.56150.8896150246314
2018-10-15$36.21$36.6742.1%12.1%32.9%10.5%125.4%-7.1%6.1%-1.8K63.4K-2.4K1.56142.7096150246314
2018-10-16$36.56$36.6757.6%16.5%33.4%19.1%65.6%33.5%10.2%-18.3K137.4K-1.9K1.56144.0396150246315
2018-10-17$35.62$36.6754.3%15.6%33.9%17.3%59.0%63.7%6.6%-13.5K239.4K-1.8K1.52148.4199150246315
2018-10-18$34.61$36.6765.5%18.8%33.7%23.5%120.7%75.6%-28.3%-8.4K283.2K-1.9K1.47141.89102150243315
2018-10-19$33.53$36.6752.7%15.1%33.9%16.3%123.8%90.9%-8.7%-10.2K227.5K-1.8K1.44135.44102147246308
2018-10-22$32.65$36.6772.0%20.6%33.4%27.1%53.4%46.0%-10.4%-11.9K210.0K-1.6K1.33138.0399132165291
2018-10-23$32.21$36.67118.8%34.1%33.3%53.2%113.1%119.2%-23.9%-6.6K202.5K-1.8K1.35132.2998132188291
2018-10-24$30.71$36.6788.7%25.4%34.8%36.4%70.5%-33.5%-8.8%-5.0K173.1K-1.9K2.75135.33102281188291
2018-10-25$29.43$36.6739.9%11.4%35.7%9.2%72.7%5.2%33.1%-9.5K421.7K-2.2K16.72132.161071,781195413
2018-10-26$28.39$36.67125.8%36.1%36.5%57.1%125.3%97.5%-79.1%-45.3K1.7M-8.1K16.72140.111071,7811971,910
2018-10-29$26.80$36.67135.8%38.9%38.7%62.7%140.5%17.8%-9.0%-58.5K1.3M-7.0K2.65141.781072821971,910
2018-10-30$29.12$36.6769.1%19.8%52.6%25.5%79.0%50.1%3.2%-118.1K2.0M-7.2K2.41133.721072571971,908
2018-10-31$29.28$36.67124.0%35.5%50.9%56.1%116.3%77.0%-60.5%-67.3K1.5M-7.3K2.40145.271102631981,910