PATK Options History — May 2020

In May 2020, PATK traded between $25.48 and $38.07. ATM implied volatility averaged 87.9%, placing in the 43.4% IV rank vs the trailing year. The 30-day expected move averaged 21.7%. IV traded below realized volatility by 17.6% (HV 20d: 105.5%). Max pain ranged from $23.33 to $30.00. Net GEX was positive for 5 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 14.89.

Notable Days

2020-05-28: Highest Volume — 765 contracts
2020-05-13: Largest IV drop — 44.0% change
2020-05-12: Highest IV Rank — 87.8%
2020-05-05: Largest Expected Move — 26.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$31.06	$25.48	$38.07	$25.48	$34.57
Max Pain	$26.00	$23.33	$30.00	$26.67	$30.00
ATM IV	87.9%	66.2%	152.4%	79.0%	74.0%
Expected Move	21.7%	16.0%	26.8%	22.6%	21.2%
HV 20d	105.5%	90.3%	147.3%	147.3%	91.3%
HV 60d	162.7%	159.9%	165.0%	159.9%	164.9%
IV Rank	43.4%	28.4%	87.8%	37.2%	33.8%
IV Percentile	82.8%	76.6%	98.4%	83.3%	77.4%
Term Structure	0.6%	-18.7%	23.2%	-2.0%	13.3%
VWIV	68.7%	52.2%	80.7%	80.7%	52.2%
Skew 25d	5.8%	-25.9%	37.9%	34.8%	37.9%
Skew 10d	7.6%	-12.0%	44.4%	16.7%	44.4%
Call IV 25d	74.8%	52.2%	107.2%	70.0%	53.9%
Put IV 25d	80.6%	68.1%	104.8%	104.8%	91.8%
Bid-Ask Spread %	112.96	93.56	129.38	115.55	115.65
Gamma HHI	0.49	0.19	0.96	0.89	0.95
Net GEX	-1.5K	-20.5K	46.7K	-18.3K	46.7K
Net DEX	-38.1K	-733.6K	406.5K	406.5K	-733.6K
Net VEX	-395	-2.6K	-132	-747	-2.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	14.89	0.00	200.00	200.00	0.00
Total Volume	58.3	0	765	302	3
Total OI	247.7	49	853	515	853

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
2020-05-01	$25.48	$26.67	79.0%	22.6%	147.3%	37.2%	80.7%	34.8%	-2.0%	-18.3K	406.5K	-747	200.00	115.55	2	300	122	393
2020-05-04	$26.70	$23.33	84.5%	22.7%	139.9%	41.1%	0.0%	7.7%	10.7%	-5.9K	44.0K	-331	0.00	93.56	0	0	123	183
2020-05-05	$27.11	$23.33	94.5%	26.8%	112.1%	47.9%	0.0%	-0.9%	-14.6%	-4.7K	15.4K	-356	5.00	103.89	2	8	123	183
2020-05-06	$26.48	$23.33	100.2%	24.6%	113.0%	51.9%	0.0%	0.3%	-8.6%	-5.0K	43.0K	-329	0.00	111.35	2	0	123	183
2020-05-07	$26.99	$23.33	98.3%	16.5%	106.5%	50.5%	0.0%	8.9%	10.1%	-5.5K	23.4K	-326	0.00	126.10	0	0	125	183
2020-05-08	$29.75	$23.33	102.0%	20.2%	110.8%	53.1%	74.8%	2.9%	0.5%	-2.8K	-74.9K	-304	0.83	116.39	9	8	125	183
2020-05-11	$30.27	$26.67	127.2%	21.1%	108.2%	70.5%	0.0%	5.1%	8.0%	-1.3K	-103.0K	-265	0.00	102.35	2	0	126	186
2020-05-12	$28.33	$26.67	152.4%	16.0%	112.1%	87.8%	60.0%	-25.9%	18.2%	-5.6K	-31.1K	-256	0.25	122.83	12	3	128	186
2020-05-13	$25.95	$26.67	85.3%	24.5%	104.1%	41.6%	0.0%	21.4%	3.4%	-8.1K	63.4K	-258	0.00	126.43	0	0	128	186
2020-05-14	$27.41	$26.67	66.2%	19.0%	104.0%	28.4%	0.0%	-5.7%	23.2%	-20.5K	-59.4K	-185	0.00	128.79	0	3	128	186
2020-05-15	$28.63	$26.67	81.2%	23.3%	95.4%	38.8%	0.0%	-24.8%	-5.5%	-309	-78.1K	-190	0.00	129.38	0	0	123	189
2020-05-18	$32.46	$26.67	86.8%	24.9%	100.9%	42.6%	0.0%	0.0%	-7.3%	-170	-14.9K	-158	0.00	113.01	3	0	17	32
2020-05-19	$33.94	$26.67	78.4%	22.5%	98.4%	36.9%	0.0%	6.9%	10.6%	95	-22.1K	-132	0.00	114.27	0	0	17	32
2020-05-20	$34.37	$26.67	80.0%	22.9%	98.4%	37.9%	77.2%	6.5%	0.6%	-168	-22.1K	-169	1.00	100.54	3	3	17	32
2020-05-21	$35.00	$26.67	84.1%	24.1%	95.8%	40.8%	0.0%	13.6%	-17.9%	-331	-11.4K	-161	0.75	114.26	6	5	14	35
2020-05-22	$35.56	$26.67	68.5%	19.6%	95.9%	30.0%	0.0%	-4.8%	-4.0%	-4	-23.1K	-200	0.00	109.49	14	0	20	39
2020-05-26	$38.07	$26.67	68.5%	19.6%	94.8%	30.0%	67.1%	4.2%	-1.2%	528	-54.5K	-299	0.00	107.99	5	0	33	39
2020-05-27	$37.96	$26.67	75.5%	21.7%	91.3%	34.9%	0.0%	10.5%	-18.7%	882	-66.7K	-315	0.67	103.26	5	3	38	39
2020-05-28	$36.18	$26.67	71.5%	20.5%	90.3%	32.1%	52.2%	18.4%	-7.2%	825	-61.9K	-361	0.00	104.18	765	0	41	41
2020-05-29	$34.57	$30.00	74.0%	21.2%	91.3%	33.8%	0.0%	37.9%	13.3%	46.7K	-733.6K	-2.6K	0.00	115.65	3	0	806	47