PATK Options History — January 2019

In January 2019, PATK traded between $20.10 and $26.67. ATM implied volatility averaged 96.1%, placing in the 49.8% IV rank vs the trailing year. The 30-day expected move averaged 25.8%. IV traded above realized volatility by 54.7% (HV 20d: 41.3%). Max pain ranged from $26.67 to $33.33. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 11.07.

Notable Days

  • 2019-01-04: Highest Volume — 183 contracts
  • 2019-01-18: Largest IV drop — 61.0% change
  • 2019-01-07: Highest IV Rank — 80.3%
  • 2019-01-17: Largest Expected Move — 37.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.23$20.10$26.67$20.38$26.52
Max Pain$32.70$26.67$33.33$26.67$26.67
ATM IV96.1%51.1%154.3%135.0%57.6%
Expected Move25.8%13.6%37.5%35.9%14.6%
HV 20d41.3%35.3%51.2%51.2%35.9%
HV 60d50.2%45.6%52.8%48.6%45.6%
IV Rank49.8%26.3%80.3%70.2%29.7%
IV Percentile67.0%31.7%95.6%92.5%35.7%
Term Structure-33.5%-70.1%19.9%-63.7%-5.9%
VWIV83.7%51.2%130.3%125.4%51.2%
Skew 25d3.2%-89.1%47.3%41.8%2.4%
Skew 10d-12.0%-130.5%31.4%31.4%1.6%
Call IV 25d114.3%44.6%166.5%139.3%47.1%
Put IV 25d117.5%49.5%192.8%181.1%49.5%
Bid-Ask Spread %135.33104.71157.89157.89104.71
Gamma HHI0.320.190.680.680.24
Net GEX-6.2K-19.1K-1.6K-19.1K-1.6K
Net DEX522.2K432.5K635.3K432.5K498.9K
Net VEX-1.2K-1.6K-833-1.3K-957
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio11.070.0060.0050.000.00
Total Volume55.38131831517
Total OI537.476464596503503

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-01-02$20.38$26.67135.0%0.0%51.2%70.2%0.0%41.8%-63.7%-19.1K432.5K-1.3K0.00157.89015113390
2019-01-03$20.10$33.33106.3%35.9%40.6%55.2%125.4%8.0%-59.5%-6.0K526.5K-1.2K50.00142.22275113405
2019-01-04$21.30$33.33101.4%36.1%47.3%52.6%130.3%36.1%-61.9%-7.4K635.3K-1.3K60.00141.903180113480
2019-01-07$22.35$33.33154.3%32.7%50.1%80.3%115.6%-85.7%-40.1%-8.2K632.4K-1.1K0.00144.4230111473
2019-01-08$22.65$33.33125.0%13.6%50.4%65.0%62.7%-25.3%19.9%-8.2K631.7K-96415.00139.13345114473
2019-01-09$23.69$33.3387.8%25.2%48.9%45.5%98.4%47.3%8.5%-6.5K461.8K-1.6K25.00142.48375114465
2019-01-10$23.47$33.33116.0%33.3%45.9%60.3%96.4%25.9%-58.0%-8.3K559.4K-1.4K27.50144.38383114465
2019-01-11$23.45$33.33119.9%34.4%45.6%62.3%90.3%10.7%-70.1%-7.1K488.9K-1.5K27.50143.84383114465
2019-01-14$23.85$33.33123.6%35.4%42.4%64.2%0.0%30.3%-66.7%-6.6K526.2K-1.3K0.00143.62170113465
2019-01-15$23.55$33.33106.0%30.4%41.0%55.0%103.3%27.1%-45.0%-6.8K522.6K-1.3K0.00139.73200129465
2019-01-16$24.14$33.33129.6%37.1%38.4%67.4%56.1%-87.0%-60.3%-6.3K512.7K-1.4K6.00144.9720117131465
2019-01-17$24.75$33.33130.9%37.5%38.3%68.1%58.2%-89.1%-55.4%-5.5K496.1K-1.2K5.20145.3823117131419
2019-01-18$25.88$33.3351.1%14.6%39.7%26.3%72.3%23.7%3.5%-6.4K483.4K-1.2K5.20146.1123117134419
2019-01-22$25.85$33.3356.9%16.3%36.9%29.4%58.1%0.0%-17.8%-3.7K558.4K-8330.00128.97200123341
2019-01-23$25.48$33.3380.2%23.0%36.4%41.6%76.6%38.6%-37.0%-5.7K448.5K-1.3K0.00147.24200143341
2019-01-24$25.89$33.3393.8%26.9%35.5%48.6%85.2%-24.7%-46.8%-6.3K474.4K-1.2K0.00146.57200143341
2019-01-25$26.31$33.3358.3%16.7%35.4%30.1%59.3%23.1%-8.8%-3.5K523.5K-9740.00110.47230143341
2019-01-28$26.67$33.3362.8%18.0%35.3%32.4%0.0%28.5%-9.1%-3.4K513.5K-1.0K0.00111.9880146341
2019-01-29$26.34$33.3360.8%17.4%36.3%31.4%0.0%22.3%-19.8%-2.3K520.9K-9330.00109.9080153341
2019-01-30$26.13$33.3360.2%17.3%36.2%31.1%0.0%13.1%-9.9%-2.0K518.0K-9050.00106.04170153341
2019-01-31$26.52$26.6757.6%14.6%35.9%29.7%51.2%2.4%-5.9%-1.6K498.9K-9570.00104.71170162341