PATK Options History — May 2019

In May 2019, PATK traded between $27.10 and $32.85. ATM implied volatility averaged 51.0%, placing in the 26.3% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 9.1% (HV 20d: 42.0%). Max pain ranged from $33.33 to $36.67. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.10.

Notable Days

  • 2019-05-14: Highest Volume — 309 contracts
  • 2019-05-10: Largest IV spike — 44.4% change
  • 2019-05-10: Highest IV Rank — 41.7%
  • 2019-05-03: Largest Expected Move — 17.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.96$27.10$32.85$32.08$27.10
Max Pain$36.06$33.33$36.67$36.67$33.33
ATM IV51.0%39.7%80.5%45.8%57.3%
Expected Move13.4%10.9%17.1%13.1%16.4%
HV 20d42.0%33.5%49.4%43.8%35.6%
HV 60d42.8%41.4%44.1%43.0%42.2%
IV Rank26.3%20.4%41.7%23.5%29.6%
IV Percentile45.6%26.2%76.6%38.5%56.3%
Term Structure-3.0%-9.6%9.1%-0.4%-9.6%
VWIV43.6%33.2%59.7%44.1%33.9%
Skew 25d5.2%-11.3%14.5%-2.2%14.5%
Skew 10d8.4%-21.1%21.4%-2.9%19.9%
Call IV 25d40.9%32.0%52.0%40.3%44.3%
Put IV 25d46.1%34.5%58.8%38.1%58.8%
Bid-Ask Spread %101.3288.57119.5798.17107.53
Gamma HHI0.300.260.420.360.27
Net GEX-17.3K-51.8K-1.7K-45.6K-3.3K
Net DEX1.3M60.1K2.5M2.0M161.1K
Net VEX-2.8K-4.6K-2.2K-3.9K-2.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.003.600.890.42
Total Volume47.81803095581
Total OI1,223.8185061,8031,715562

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$32.08$36.6745.8%13.1%43.8%23.5%44.1%-2.2%-0.4%-45.6K2.0M-3.9K0.8998.1729264951,220
2019-05-02$31.49$36.6747.2%13.5%44.4%24.3%40.3%-0.1%-9.5%-33.9K2.2M-3.1K3.4099.628265011,220
2019-05-03$32.85$36.6759.5%17.1%46.0%30.7%58.9%-4.7%-8.5%-51.8K1.6M-4.6K3.6098.938275011,220
2019-05-06$32.50$36.6753.2%10.9%46.2%27.4%0.0%9.4%2.2%-49.8K1.9M-3.8K0.0097.48005071,221
2019-05-07$31.18$36.6752.3%12.7%48.7%26.9%44.7%6.0%2.0%-31.3K2.3M-3.0K0.0096.800745071,221
2019-05-08$31.07$36.6751.5%12.6%48.7%26.6%46.4%11.4%0.7%-32.8K2.4M-3.2K0.0094.390745071,295
2019-05-09$31.34$36.6755.7%11.4%46.8%28.8%40.8%-4.1%3.7%-29.5K2.5M-3.0K0.00100.98055071,295
2019-05-10$30.60$36.6780.5%14.4%47.4%41.7%0.0%7.1%-3.9%-35.4K2.3M-3.4K0.00119.5713505071,296
2019-05-13$29.26$36.6762.9%14.1%49.4%32.5%0.0%7.1%-3.8%-17.3K2.5M-2.7K0.0089.111105071,296
2019-05-14$29.72$36.6756.2%14.0%45.1%29.0%48.3%-1.6%-4.8%-2.7K2.1M-2.5K0.6988.571831264821,110
2019-05-15$29.65$36.6743.1%12.4%42.0%22.1%0.0%0.3%1.3%-2.0K2.0M-2.6K0.0097.73004981,109
2019-05-16$29.62$36.6748.5%13.9%39.4%25.0%0.0%12.3%-6.4%-1.7K2.0M-2.6K0.00100.95004981,109
2019-05-17$28.94$36.6742.4%12.2%39.6%21.8%0.0%10.4%-6.4%-3.7K2.0M-2.5K0.00104.03004981,109
2019-05-20$28.70$36.6747.9%13.7%39.6%24.7%42.5%12.5%-6.2%-3.9K144.3K-2.4K0.2993.06216216302
2019-05-21$29.58$36.6745.6%13.1%41.4%23.5%47.8%-11.3%-2.4%-4.5K75.5K-2.5K0.2997.69268215306
2019-05-22$29.52$36.6751.4%14.7%41.2%26.5%40.9%2.1%-5.9%-4.2K85.8K-2.4K0.2993.80268215308
2019-05-23$29.27$36.6740.2%11.5%36.7%20.6%33.2%8.0%9.1%-5.7K123.0K-2.4K0.29109.97268215308
2019-05-24$29.35$36.6739.7%11.4%36.8%20.4%33.7%10.1%0.9%-6.3K124.4K-2.4K0.29111.68268215308
2019-05-28$28.60$33.3348.9%14.0%35.4%25.2%41.1%13.5%-7.9%-4.3K60.1K-2.3K3.00113.3025215291
2019-05-29$28.35$33.3341.5%11.9%35.3%21.3%40.4%5.7%-4.0%-6.5K156.3K-2.2K3.00104.6725216290
2019-05-30$28.26$33.3351.3%14.7%33.5%26.4%59.7%8.1%-7.3%-4.0K88.6K-2.2K0.08110.91575216290
2019-05-31$27.10$33.3357.3%16.4%35.6%29.6%33.9%14.5%-9.6%-3.3K161.1K-2.2K0.42107.535724272290