PATK Options History — February 2020

In February 2020, PATK traded between $34.19 and $42.23. ATM implied volatility averaged 52.1%, placing in the 31.5% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 10.8% (HV 20d: 41.3%). Max pain ranged from $30.00 to $43.33. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.02.

Notable Days

2020-02-07: Highest Volume — 465 contracts
2020-02-28: Largest IV spike — 66.8% change
2020-02-28: Highest IV Rank — 92.9%
2020-02-28: Largest Expected Move — 30.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$38.57	$34.19	$42.23	$35.57	$34.19
Max Pain	$38.77	$30.00	$43.33	$30.00	$36.67
ATM IV	52.1%	37.2%	105.0%	44.9%	105.0%
Expected Move	14.0%	10.7%	30.1%	12.9%	30.1%
HV 20d	41.3%	33.0%	55.9%	34.8%	55.9%
HV 60d	33.7%	29.4%	39.7%	29.4%	39.7%
IV Rank	31.5%	14.2%	92.9%	23.2%	92.9%
IV Percentile	60.9%	18.3%	99.6%	50.8%	99.6%
Term Structure	-5.3%	-25.0%	15.9%	-14.8%	-24.3%
VWIV	36.4%	30.0%	42.1%	42.1%	30.0%
Skew 25d	5.4%	-50.6%	29.8%	19.5%	29.8%
Skew 10d	4.0%	-58.2%	47.0%	3.9%	47.0%
Call IV 25d	46.4%	27.2%	109.8%	39.2%	109.8%
Put IV 25d	51.9%	37.8%	139.5%	58.7%	139.5%
Bid-Ask Spread %	113.78	84.30	140.20	121.34	140.20
Gamma HHI	0.51	0.29	0.77	0.29	0.46
Net GEX	28.4K	9.5K	65.1K	24.6K	9.5K
Net DEX	-1.5M	-3.1M	-243.7K	-985.4K	-243.7K
Net VEX	-1.3K	-2.0K	-866	-1.3K	-872
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.02	0.00	0.14	0.00	0.00
Total Volume	66.632	0	465	315	0
Total OI	606.316	272	1,014	576	272

Daily Data (19 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
2020-02-03	$35.57	$30.00	44.9%	12.9%	34.8%	23.2%	0.0%	19.5%	-14.8%	24.6K	-985.4K	-1.3K	0.00	121.34	315	0	522	54
2020-02-04	$35.81	$30.00	47.8%	13.7%	34.8%	26.5%	0.0%	13.4%	-7.9%	25.6K	-1.1M	-1.4K	0.00	122.14	8	0	522	54
2020-02-05	$37.19	$30.00	42.7%	12.2%	36.1%	20.6%	0.0%	-0.5%	0.9%	25.4K	-1.2M	-1.3K	0.00	110.14	0	0	522	54
2020-02-06	$37.04	$43.33	53.7%	12.0%	34.3%	33.4%	0.0%	8.2%	3.8%	25.4K	-1.2M	-1.3K	0.00	86.03	0	0	522	54
2020-02-07	$36.13	$43.33	61.2%	12.2%	35.3%	42.1%	0.0%	1.0%	-5.1%	26.1K	-1.1M	-1.3K	0.00	107.87	465	0	522	54
2020-02-10	$37.01	$43.33	63.3%	15.0%	35.9%	44.6%	0.0%	4.6%	-2.8%	65.1K	-2.6M	-1.8K	0.00	104.82	0	0	960	54
2020-02-11	$37.83	$43.33	70.5%	14.3%	35.9%	52.8%	0.0%	-50.6%	-0.3%	55.2K	-2.7M	-2.0K	0.00	84.30	8	0	960	54
2020-02-12	$38.92	$43.33	46.1%	13.2%	33.0%	24.5%	0.0%	5.9%	-5.1%	49.1K	-2.9M	-1.7K	0.02	96.16	168	3	960	54
2020-02-13	$42.23	$43.33	53.7%	15.4%	43.0%	33.3%	0.0%	-22.4%	-25.0%	20.2K	-3.1M	-1.2K	0.06	114.67	173	11	818	57
2020-02-14	$40.95	$43.33	41.3%	11.9%	45.0%	19.0%	0.0%	0.1%	-12.1%	28.4K	-2.0M	-1.3K	0.00	113.24	9	0	600	65
2020-02-18	$41.01	$43.33	42.5%	12.2%	44.0%	20.4%	0.0%	10.7%	-6.8%	22.9K	-2.0M	-1.3K	0.00	116.83	3	0	609	65
2020-02-19	$41.26	$43.33	49.5%	14.2%	43.6%	28.5%	42.1%	16.2%	-18.3%	27.2K	-2.0M	-1.2K	0.14	108.24	11	2	609	65
2020-02-20	$41.89	$36.67	37.2%	10.7%	43.5%	14.2%	37.0%	5.7%	3.9%	30.4K	-2.0M	-1.2K	0.00	114.27	77	0	609	66
2020-02-21	$41.03	$36.67	38.3%	11.0%	44.6%	15.5%	0.0%	7.2%	-2.5%	28.2K	-2.0M	-1.1K	0.00	113.37	11	0	609	66
2020-02-24	$39.95	$36.67	45.1%	12.9%	45.5%	23.4%	0.0%	19.6%	4.4%	24.2K	-410.6K	-1.1K	0.00	124.84	0	0	245	27
2020-02-25	$38.86	$36.67	40.7%	11.7%	46.3%	18.2%	0.0%	17.8%	15.9%	20.1K	-339.5K	-980	0.00	123.11	0	0	245	27
2020-02-26	$38.95	$36.67	43.0%	12.3%	45.2%	20.9%	30.0%	20.2%	-0.7%	19.6K	-320.3K	-887	0.00	122.38	2	0	245	27
2020-02-27	$36.95	$36.67	62.9%	18.0%	48.2%	44.1%	0.0%	-2.8%	-3.1%	12.8K	-247.3K	-866	0.00	137.90	0	0	245	27
2020-02-28	$34.19	$36.67	105.0%	30.1%	55.9%	92.9%	0.0%	29.8%	-24.3%	9.5K	-243.7K	-872	0.00	140.20	0	0	245	27