PATK Options History — November 2018

In November 2018, PATK traded between $26.27 and $31.75. ATM implied volatility averaged 78.6%, placing in the 35.9% IV rank vs the trailing year. The 30-day expected move averaged 23.1%. IV traded above realized volatility by 26.4% (HV 20d: 52.1%). Max pain ranged from $26.67 to $36.67. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 2.14.

Notable Days

  • 2018-11-15: Highest Volume — 473 contracts
  • 2018-11-14: Largest IV spike — 4893.4% change
  • 2018-11-02: Highest IV Rank — 67.5%
  • 2018-11-02: Largest Expected Move — 41.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.47$26.27$31.75$30.36$26.49
Max Pain$27.62$26.67$36.67$36.67$26.67
ATM IV78.6%1.8%144.5%136.6%46.5%
Expected Move23.1%11.2%41.4%39.2%13.3%
HV 20d52.1%38.0%56.3%53.9%38.0%
HV 60d41.1%39.8%42.3%41.6%42.1%
IV Rank35.9%0.0%67.5%63.1%22.3%
IV Percentile59.4%0.0%98.4%98.0%25.4%
Term Structure-20.1%-72.5%16.7%-72.5%-10.2%
VWIV72.9%39.3%169.2%169.2%43.1%
Skew 25d-23.0%-72.9%21.0%8.2%21.0%
Skew 10d-34.0%-81.5%51.3%-49.3%12.3%
Call IV 25d100.0%33.7%188.3%43.5%33.7%
Put IV 25d77.0%43.2%193.5%51.7%54.7%
Bid-Ask Spread %144.51128.37156.85135.59145.95
Gamma HHI0.780.570.930.740.90
Net GEX-79.5K-163.2K-50.1K-76.5K-138.5K
Net DEX1.6M1.1M2.3M1.5M2.3M
Net VEX-6.4K-7.4K-5.8K-7.4K-5.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.140.623.023.020.62
Total Volume341.571178473350178
Total OI2,0501,8982,2012,1141,953

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-11-01$30.36$36.67136.6%39.2%53.9%63.1%169.2%8.2%-72.5%-76.5K1.5M-7.4K3.02135.59872632011,913
2018-11-02$31.43$36.67144.5%41.4%56.3%67.5%110.4%5.2%-28.7%-78.7K1.1M-6.7K2.97144.70892632031,913
2018-11-05$31.16$26.6773.0%23.6%56.0%27.7%61.7%6.6%-20.2%-64.6K1.4M-7.0K2.97130.88892632041,913
2018-11-06$31.75$26.67114.1%15.4%56.1%50.6%53.3%1.2%16.7%-92.8K1.4M-6.4K2.97128.37892632041,913
2018-11-07$31.15$26.67121.5%24.3%56.2%54.7%65.7%-24.9%-20.0%-57.6K1.4M-7.0K2.97144.48892632041,913
2018-11-08$30.01$26.67125.4%23.7%55.5%56.9%76.0%-33.8%-3.3%-51.1K1.3M-6.6K2.34153.151282992041,913
2018-11-09$29.13$26.6748.3%24.5%55.1%13.9%74.3%-42.5%-19.1%-50.1K1.6M-7.3K2.73147.551233362421,959
2018-11-12$28.68$26.6742.9%25.3%54.3%10.9%65.1%-9.7%-27.5%-56.3K1.6M-6.6K2.73156.851233362421,881
2018-11-13$29.03$26.671.8%25.4%54.4%0.0%63.8%-54.1%-27.8%-50.4K1.6M-6.6K2.73155.181233362451,880
2018-11-14$28.72$26.6790.4%25.9%54.2%44.1%66.9%-50.5%-23.5%-55.9K1.5M-6.4K2.73142.771233362451,880
2018-11-15$28.31$26.6758.3%16.7%53.8%28.1%58.3%-63.6%-12.4%-56.0K1.6M-6.5K2.46155.071373362451,955
2018-11-16$27.51$26.6771.8%20.6%53.6%34.8%66.7%-4.6%-26.2%-62.7K1.7M-6.4K1.98141.971372702451,955
2018-11-19$27.43$26.6778.0%22.4%53.3%37.9%84.2%-56.4%-8.5%-60.4K1.5M-6.3K1.76142.55951671071,791
2018-11-20$26.27$26.6760.8%17.4%54.7%29.4%61.0%-1.6%-3.2%-96.3K2.1M-6.6K1.95130.83961881081,791
2018-11-21$26.37$26.6780.2%23.0%53.0%39.0%67.9%8.1%-51.8%-50.7K2.2M-6.2K1.71149.551101881081,815
2018-11-23$27.28$26.6770.7%20.3%53.3%34.3%74.2%-72.9%-11.0%-65.5K1.4M-6.0K1.71152.191101881231,815
2018-11-26$26.45$26.6787.4%25.0%52.9%42.6%91.5%-14.3%-9.8%-65.6K1.5M-5.8K1.71143.081101881231,815
2018-11-27$26.36$26.6739.2%11.2%48.9%18.6%39.3%3.5%13.4%-163.2K2.3M-5.9K1.71130.131101881231,815
2018-11-28$27.36$26.6777.2%22.1%40.4%37.5%68.9%-55.5%-38.0%-130.5K1.5M-5.8K0.62150.15110681231,815
2018-11-29$26.71$26.6781.5%23.4%41.0%39.7%69.8%-52.4%-38.4%-146.1K1.8M-6.0K0.62153.69110681231,830
2018-11-30$26.49$26.6746.5%13.3%38.0%22.3%43.1%21.0%-10.2%-138.5K2.3M-5.8K0.62145.95110681231,830