PATK Options History — March 2020

In March 2020, PATK traded between $12.77 and $35.86. ATM implied volatility averaged 115.6%, placing in the 67.9% IV rank vs the trailing year. The 30-day expected move averaged 31.6%. IV traded below realized volatility by 18.9% (HV 20d: 134.5%). Max pain ranged from $20.00 to $36.67. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 1.57.

Notable Days

2020-03-26: Highest Volume — 32 contracts
2020-03-09: Largest IV spike — 88.8% change
2020-03-09: Highest IV Rank — 100.0%
2020-03-25: Largest Expected Move — 48.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$22.51	$12.77	$35.86	$34.93	$19.00
Max Pain	$27.14	$20.00	$36.67	$36.67	$20.00
ATM IV	115.6%	45.5%	170.0%	55.6%	113.2%
Expected Move	31.6%	13.0%	48.7%	15.9%	32.4%
HV 20d	134.5%	55.8%	220.1%	56.3%	219.5%
HV 60d	86.2%	39.2%	132.3%	39.4%	132.3%
IV Rank	67.9%	23.8%	100.0%	35.6%	60.8%
IV Percentile	94.6%	51.6%	100.0%	84.9%	94.4%
Term Structure	-19.4%	-59.3%	7.5%	-7.6%	-22.9%
VWIV	123.9%	45.0%	183.6%	45.0%	115.4%
Skew 25d	7.9%	-152.2%	66.4%	-4.3%	3.6%
Skew 10d	14.7%	-80.2%	61.7%	-34.6%	46.2%
Call IV 25d	109.5%	41.6%	194.4%	57.6%	126.8%
Put IV 25d	117.4%	37.2%	198.6%	53.3%	130.5%
Bid-Ask Spread %	122.30	108.30	138.94	112.06	119.64
Gamma HHI	0.25	0.14	0.42	0.34	0.16
Net GEX	2.1K	-287	10.9K	7.7K	-164
Net DEX	-21.3K	-175.7K	45.5K	-146.4K	20.6K
Net VEX	-320	-677	-57	-588	-253
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.57	0.00	10.00	0.00	0.00
Total Volume	4.227	0	32	3	9
Total OI	236.955	114	283	272	171

Daily Data (22 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
2020-03-02	$34.93	$36.67	55.6%	15.9%	56.3%	35.6%	0.0%	-4.3%	-7.6%	7.7K	-146.4K	-588	0.00	112.06	0	3	245	27
2020-03-03	$35.76	$36.67	58.0%	16.6%	55.8%	38.4%	0.0%	22.3%	-14.0%	10.9K	-175.7K	-677	0.00	138.94	0	2	245	30
2020-03-04	$35.86	$36.67	45.5%	13.0%	55.8%	23.8%	45.0%	8.8%	2.6%	7.4K	-143.2K	-578	0.00	118.53	2	0	245	32
2020-03-05	$33.28	$0.00	60.6%	16.2%	59.9%	41.4%	0.0%	15.1%	-3.7%	5.1K	-101.4K	-526	0.00	108.30	0	8	246	32
2020-03-06	$31.53	$0.00	78.5%	18.0%	62.3%	62.2%	0.0%	3.2%	-4.3%	4.5K	-81.5K	-536	1.00	118.03	2	2	246	33
2020-03-09	$26.15	$0.00	148.3%	30.9%	89.0%	100.0%	0.0%	17.9%	-11.2%	3.4K	-57.1K	-512	0.00	124.21	0	0	246	35
2020-03-10	$25.29	$0.00	166.3%	31.8%	87.9%	100.0%	0.0%	33.3%	-25.6%	2.1K	-26.2K	-418	0.00	122.95	0	0	246	35
2020-03-11	$24.73	$0.00	94.4%	27.1%	86.5%	49.1%	0.0%	12.0%	-12.6%	1.5K	-10.1K	-364	0.00	120.11	0	0	246	35
2020-03-12	$20.51	$0.00	129.2%	37.0%	102.5%	73.8%	0.0%	-46.6%	-59.3%	906	-7.4K	-277	0.00	130.28	0	0	246	35
2020-03-13	$21.86	$0.00	113.5%	32.5%	100.0%	62.7%	0.0%	23.7%	-46.3%	1.3K	-2.8K	-286	0.00	136.51	0	0	246	35
2020-03-16	$20.14	$0.00	158.4%	45.4%	101.5%	94.4%	0.0%	4.2%	-56.7%	530	8.4K	-250	0.00	127.96	3	0	246	35
2020-03-17	$19.75	$0.00	132.5%	38.0%	100.7%	76.1%	0.0%	66.4%	-15.2%	519	9.0K	-253	0.00	126.35	0	0	248	35
2020-03-18	$12.77	$0.00	136.1%	39.0%	172.7%	78.7%	0.0%	49.0%	-16.6%	243	7.5K	-170	0.00	115.81	0	0	248	35
2020-03-19	$14.06	$0.00	136.6%	39.2%	179.6%	79.0%	0.0%	-6.6%	-3.9%	57	33.4K	-96	0.00	117.09	0	0	248	35
2020-03-20	$12.77	$0.00	123.0%	35.2%	179.7%	69.3%	0.0%	30.2%	-22.9%	-33	36.3K	-57	0.00	125.47	0	0	248	35
2020-03-23	$13.23	$0.00	140.1%	40.2%	182.5%	81.5%	0.0%	11.8%	-11.2%	-18	34.4K	-59	10.00	114.36	2	15	81	33
2020-03-24	$15.29	$0.00	110.1%	31.6%	195.7%	60.2%	0.0%	33.5%	7.5%	-218	45.5K	-120	0.00	121.91	0	0	83	48
2020-03-25	$18.54	$0.00	170.0%	48.7%	212.9%	100.0%	183.6%	-152.2%	-38.0%	265	16.1K	-254	0.00	126.84	2	0	83	48
2020-03-26	$20.93	$20.00	131.4%	37.7%	220.1%	73.4%	137.8%	17.9%	-13.1%	459	10.5K	-273	0.00	118.58	0	32	89	48
2020-03-27	$20.18	$20.00	114.4%	32.8%	219.3%	61.6%	0.0%	-1.8%	-0.4%	-23	30.6K	-278	0.00	122.47	0	0	89	80
2020-03-30	$18.54	$20.00	127.8%	36.6%	219.5%	70.9%	137.6%	32.2%	-51.8%	-287	31.2K	-217	0.00	124.16	11	0	89	72
2020-03-31	$19.00	$20.00	113.2%	32.4%	219.5%	60.8%	115.4%	3.6%	-22.9%	-164	20.6K	-253	0.00	119.64	9	0	99	72