PATK Options History — September 2019

In September 2019, PATK traded between $22.35 and $28.79. ATM implied volatility averaged 50.5%, placing in the 26.0% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded below realized volatility by 7.8% (HV 20d: 58.4%). Max pain ranged from $26.67 to $30.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.11.

Notable Days

2019-09-19: Highest Volume — 282 contracts
2019-09-17: Largest IV spike — 19.5% change
2019-09-10: Highest IV Rank — 32.3%
2019-09-30: Largest Expected Move — 16.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$26.49	$22.35	$28.79	$23.33	$28.79
Max Pain	$26.92	$26.67	$30.00	$26.67	$26.67
ATM IV	50.5%	36.4%	62.5%	46.4%	58.5%
Expected Move	14.1%	10.4%	16.8%	13.3%	16.8%
HV 20d	58.4%	51.7%	67.1%	52.2%	63.2%
HV 60d	50.3%	46.4%	54.7%	46.7%	54.7%
IV Rank	26.0%	18.7%	32.3%	23.9%	30.2%
IV Percentile	50.8%	11.1%	72.2%	42.5%	68.3%
Term Structure	-2.5%	-17.3%	8.3%	-0.3%	-17.3%
VWIV	44.4%	31.8%	59.1%	46.4%	59.1%
Skew 25d	6.4%	-7.3%	23.3%	0.8%	21.7%
Skew 10d	6.4%	-14.1%	43.8%	1.1%	43.8%
Call IV 25d	41.0%	27.9%	54.4%	40.0%	36.1%
Put IV 25d	47.4%	37.5%	57.8%	40.8%	57.8%
Bid-Ask Spread %	115.46	100.40	131.15	104.08	120.74
Gamma HHI	0.39	0.26	0.67	0.61	0.35
Net GEX	8.3K	-13.9K	45.7K	-13.0K	19.2K
Net DEX	-152.2K	-657.3K	521.7K	455.6K	-600.5K
Net VEX	-2.7K	-3.1K	-2.0K	-2.3K	-2.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.11	0.00	0.67	0.14	0.00
Total Volume	29.3	0	282	0	20
Total OI	905.75	797	1,124	797	918

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2019-09-03	$23.33	$26.67	46.4%	13.3%	52.2%	23.9%	0.0%	0.8%	-0.3%	-13.0K	455.6K	-2.3K	0.00	104.08	0	0	339	458
2019-09-04	$22.35	$26.67	52.0%	14.9%	52.4%	26.8%	0.0%	-7.3%	-9.7%	-13.5K	521.7K	-2.0K	0.00	119.90	0	0	339	458
2019-09-05	$23.35	$0.00	52.2%	12.7%	56.1%	26.9%	0.0%	3.9%	0.6%	-13.4K	457.9K	-2.1K	0.00	123.49	0	2	339	458
2019-09-06	$23.11	$0.00	48.1%	14.9%	55.2%	24.8%	0.0%	7.7%	-7.0%	-13.9K	414.0K	-2.1K	0.00	107.45	0	5	339	458
2019-09-09	$23.77	$0.00	55.2%	14.4%	55.5%	28.5%	0.0%	4.1%	0.1%	-13.5K	422.3K	-2.2K	0.00	120.14	0	0	339	462
2019-09-10	$25.71	$0.00	62.5%	13.6%	62.6%	32.3%	0.0%	8.2%	-8.7%	-5.2K	129.9K	-2.4K	0.14	120.59	32	5	339	462
2019-09-11	$27.45	$0.00	50.8%	14.6%	67.1%	26.2%	0.0%	1.2%	4.2%	45.7K	-207.9K	-2.3K	0.00	104.28	150	0	354	462
2019-09-12	$27.31	$0.00	50.7%	14.5%	64.6%	26.1%	0.0%	3.5%	-8.5%	9.7K	-247.9K	-2.9K	0.00	118.53	0	8	504	462
2019-09-13	$28.03	$0.00	43.8%	12.6%	62.7%	22.5%	46.4%	1.0%	5.5%	13.5K	-393.2K	-3.0K	0.00	108.24	2	0	504	462
2019-09-16	$28.65	$30.00	36.4%	10.4%	61.8%	18.7%	35.1%	4.6%	8.3%	14.6K	-504.5K	-2.8K	0.04	124.38	42	2	506	462
2019-09-17	$28.38	$26.67	43.5%	12.5%	61.8%	22.4%	0.0%	3.6%	0.2%	17.9K	-512.8K	-2.9K	0.67	105.84	5	3	546	464
2019-09-18	$27.44	$26.67	50.2%	14.4%	62.3%	25.9%	0.0%	7.5%	1.1%	13.0K	-337.8K	-3.0K	0.50	120.24	3	2	554	461
2019-09-19	$27.77	$26.67	51.4%	14.7%	62.2%	26.5%	52.3%	6.3%	-7.0%	18.2K	-400.4K	-2.9K	0.00	103.14	282	0	554	461
2019-09-20	$28.20	$26.67	47.9%	13.7%	61.8%	24.7%	0.0%	6.6%	2.0%	15.4K	-657.3K	-3.1K	0.00	100.40	0	0	663	461
2019-09-23	$28.18	$26.67	53.3%	15.3%	53.8%	27.5%	41.7%	12.9%	-4.7%	18.7K	-487.1K	-2.9K	0.00	120.66	3	0	536	363
2019-09-24	$27.48	$26.67	54.6%	15.7%	55.0%	28.2%	0.0%	23.3%	-0.8%	14.1K	-364.8K	-3.0K	0.00	131.15	3	0	539	363
2019-09-25	$27.43	$26.67	49.9%	14.3%	52.1%	25.7%	31.8%	13.2%	-7.8%	14.3K	-346.3K	-2.9K	0.00	121.92	2	0	542	363
2019-09-26	$27.13	$26.67	47.5%	13.6%	51.7%	24.4%	0.0%	-1.7%	1.0%	13.5K	-240.4K	-2.9K	0.00	118.94	15	0	540	363
2019-09-27	$25.99	$26.67	55.6%	15.9%	53.2%	28.7%	0.0%	6.0%	-0.3%	9.7K	-145.0K	-2.8K	0.00	115.01	0	0	555	363
2019-09-30	$28.79	$26.67	58.5%	16.8%	63.2%	30.2%	59.1%	21.7%	-17.3%	19.2K	-600.5K	-2.7K	0.00	120.74	20	0	555	363