PATK Options History — August 2019

In August 2019, PATK traded between $22.65 and $29.43. ATM implied volatility averaged 55.4%, placing in the 28.6% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 6.3% (HV 20d: 49.1%). Max pain ranged from $26.67 to $30.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 10.96.

Notable Days

  • 2019-08-12: Highest Volume — 311 contracts
  • 2019-08-14: Largest IV drop — 49.6% change
  • 2019-08-13: Highest IV Rank — 57.7%
  • 2019-08-27: Largest Expected Move — 18.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.31$22.65$29.43$29.33$24.03
Max Pain$28.64$26.67$30.00$30.00$26.67
ATM IV55.4%41.6%111.1%54.0%57.3%
Expected Move14.0%11.4%18.2%15.5%16.4%
HV 20d49.1%45.4%53.7%45.6%52.2%
HV 60d43.2%40.0%46.8%40.7%46.8%
IV Rank28.6%21.4%57.7%27.9%29.5%
IV Percentile53.0%26.2%86.9%59.5%65.9%
Term Structure-0.4%-18.0%30.1%-5.8%-15.4%
VWIV49.1%32.5%63.2%60.0%59.0%
Skew 25d4.6%-6.9%17.2%-2.0%-0.5%
Skew 10d6.1%-20.3%21.6%-9.6%2.2%
Call IV 25d41.7%32.9%51.3%46.7%51.3%
Put IV 25d46.3%38.7%53.7%44.7%50.8%
Bid-Ask Spread %116.5399.83128.49110.75128.49
Gamma HHI0.460.290.760.290.51
Net GEX-3.1K-23.8K34.1K18.6K-10.3K
Net DEX315.0K-244.9K1.0M-244.9K347.6K
Net VEX-2.5K-3.1K-1.7K-3.1K-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.960.0064.000.780.00
Total Volume58.63603111488
Total OI996.9095901,3251,202799

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$29.33$30.0054.0%15.5%45.6%27.9%60.0%-2.0%-5.8%18.6K-244.9K-3.1K0.78110.758365632570
2019-08-02$29.43$30.0041.9%12.0%45.5%21.5%0.0%-3.0%1.5%23.1K-101.1K-2.9K0.00118.9703636558
2019-08-05$28.53$30.0049.5%15.1%45.5%25.5%0.0%10.7%-4.2%14.0K60.5K-2.9K0.00116.64084636561
2019-08-06$29.01$30.0051.7%13.0%46.0%26.7%44.7%-6.9%0.0%18.5K-49.1K-2.8K0.00113.6808636581
2019-08-07$28.81$30.0069.0%14.2%46.1%35.7%0.0%5.0%-0.9%15.0K-52.0K-3.0K0.00126.10042636585
2019-08-08$29.31$30.0045.3%11.4%45.4%23.3%0.0%-2.0%7.3%34.1K-73.1K-2.4K0.00109.3000636543
2019-08-09$28.04$30.0064.0%13.4%46.6%33.1%0.0%9.6%-6.2%7.7K271.1K-2.2K2.00119.4236636543
2019-08-12$27.13$30.0093.1%13.9%47.1%48.3%49.6%6.0%-0.5%-7.5K467.0K-1.7K40.40109.278303633537
2019-08-13$27.29$30.00111.1%15.7%47.1%57.7%0.0%7.1%-15.6%-23.8K491.2K-2.6K0.28112.61278641684
2019-08-14$26.00$30.0056.0%16.0%49.6%28.9%56.1%11.0%-1.4%-22.3K680.2K-2.5K0.00111.37017642663
2019-08-15$24.87$30.0052.7%15.1%51.3%27.2%42.6%0.7%-10.5%-12.4K1.0M-2.1K64.00113.16296642662
2019-08-16$25.83$30.0043.3%12.4%53.7%22.3%44.2%9.2%-0.5%-17.3K543.4K-2.2K0.00118.66051644521
2019-08-19$26.31$30.0046.7%13.4%53.5%24.0%52.7%0.9%22.8%-17.0K360.3K-2.2K1.25108.141215138452
2019-08-20$25.62$26.6751.6%14.8%50.9%26.6%51.8%9.9%-18.0%-16.8K375.1K-2.3K0.0099.831170150467
2019-08-21$26.04$26.6742.1%12.1%49.3%21.6%0.0%17.2%-1.3%-7.7K273.9K-2.6K0.00113.2800267467
2019-08-22$25.53$26.6747.0%13.5%49.4%24.2%47.2%7.5%30.1%-9.1K260.5K-2.5K0.00116.4602267467
2019-08-23$23.64$26.6746.9%13.4%53.1%24.1%32.5%6.4%2.5%-8.5K418.0K-2.4K3.40127.02826267465
2019-08-26$23.58$26.6745.7%13.1%51.1%23.5%34.7%6.2%-6.8%-10.2K436.6K-2.0K6.33113.94529266426
2019-08-27$22.65$26.6763.6%18.2%48.8%32.9%63.2%-1.5%12.8%-10.2K510.5K-1.9K2.06124.0371146261431
2019-08-28$23.45$26.6745.0%12.9%50.9%23.1%0.0%5.0%1.7%-16.3K565.9K-2.5K0.00125.5900332510
2019-08-29$24.39$26.6741.6%11.9%52.4%21.4%0.0%4.2%-0.7%-10.9K380.7K-2.8K0.00127.01045332510
2019-08-30$24.03$26.6757.3%16.4%52.2%29.5%59.0%-0.5%-15.4%-10.3K347.6K-2.5K0.00128.4980332467