PATK Options History — September 2020

In September 2020, PATK traded between $32.85 and $39.79. ATM implied volatility averaged 70.8%, placing in the 31.6% IV rank vs the trailing year. The 30-day expected move averaged 21.2%. IV traded above realized volatility by 22.4% (HV 20d: 48.4%). Max pain ranged from $33.33 to $40.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.04.

Notable Days

2020-09-02: Highest Volume — 900 contracts
2020-09-28: Largest IV spike — 85.1% change
2020-09-28: Highest IV Rank — 51.7%
2020-09-28: Largest Expected Move — 28.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$36.15	$32.85	$39.79	$39.23	$38.33
Max Pain	$36.83	$33.33	$40.00	$40.00	$33.33
ATM IV	70.8%	46.3%	99.9%	64.6%	55.0%
Expected Move	21.2%	15.5%	28.6%	18.5%	15.8%
HV 20d	48.4%	37.3%	59.2%	37.5%	54.2%
HV 60d	50.1%	47.3%	54.9%	52.6%	49.2%
IV Rank	31.6%	14.7%	51.7%	27.3%	20.7%
IV Percentile	59.6%	30.2%	84.9%	55.6%	39.7%
Term Structure	-4.8%	-32.6%	24.9%	24.9%	8.9%
VWIV	65.6%	43.0%	119.8%	57.3%	87.8%
Skew 25d	-4.7%	-68.4%	64.8%	-7.9%	-2.6%
Skew 10d	-3.7%	-84.1%	91.5%	-33.3%	-5.1%
Call IV 25d	82.8%	47.4%	124.7%	51.6%	47.4%
Put IV 25d	78.0%	43.7%	131.3%	43.7%	44.7%
Bid-Ask Spread %	133.23	112.17	152.84	131.59	121.31
Gamma HHI	0.36	0.20	0.77	0.23	0.22
Net GEX	4.5K	-16.2K	40.2K	-3.3K	6.1K
Net DEX	-57.6K	-307.2K	167.3K	-117.5K	-209.9K
Net VEX	-1.1K	-2.2K	-797	-897	-906
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.04	0.00	10.00	0.05	0.00
Total Volume	64.143	0	900	323	6
Total OI	889.048	185	1,483	219	223

Daily Data (21 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
2020-09-01	$39.23	$40.00	64.6%	18.5%	37.5%	27.3%	57.3%	-7.9%	24.9%	-3.3K	-117.5K	-897	0.05	131.59	308	15	105	114
2020-09-02	$39.79	$40.00	76.8%	22.0%	37.3%	35.7%	52.1%	-9.4%	10.9%	25.6K	-307.2K	-1.8K	0.00	129.60	900	0	416	131
2020-09-03	$36.47	$40.00	50.6%	19.8%	47.0%	17.6%	0.0%	31.1%	22.3%	40.2K	-255.5K	-2.2K	10.00	112.17	3	30	1,307	131
2020-09-04	$36.53	$40.00	46.3%	19.4%	46.9%	14.7%	48.8%	-2.2%	-13.0%	19.5K	-78.6K	-1.5K	0.00	130.93	12	0	1,307	161
2020-09-08	$36.08	$40.00	54.9%	23.2%	45.2%	20.6%	0.0%	64.8%	-27.2%	14.5K	-31.2K	-1.5K	0.00	133.28	0	2	1,310	161
2020-09-09	$35.79	$40.00	62.8%	18.0%	44.9%	26.1%	57.0%	35.0%	10.1%	9.2K	-9.5K	-1.3K	0.67	131.80	5	3	1,310	162
2020-09-10	$35.54	$36.67	78.8%	22.6%	44.9%	37.1%	0.0%	1.6%	-20.5%	-2.3K	73.8K	-1.2K	0.00	131.46	0	0	1,313	165
2020-09-11	$34.78	$36.67	64.6%	18.5%	44.5%	27.3%	0.0%	-24.1%	-8.5%	-6.9K	105.0K	-1.0K	0.00	136.36	0	5	1,313	165
2020-09-14	$36.13	$36.67	81.2%	23.3%	47.7%	38.7%	0.0%	-23.6%	-26.3%	-16.2K	83.3K	-1.0K	0.00	127.93	0	0	1,313	170
2020-09-15	$35.27	$36.67	82.2%	23.6%	45.3%	39.5%	0.0%	6.1%	-28.3%	-12.0K	107.5K	-967	0.00	130.36	0	0	1,313	170
2020-09-16	$35.21	$36.67	77.5%	22.2%	44.4%	36.2%	0.0%	-50.1%	-20.1%	-11.1K	135.0K	-948	0.00	127.88	2	0	1,313	170
2020-09-17	$34.57	$36.67	90.5%	25.9%	44.3%	45.2%	0.0%	26.6%	-2.3%	1.1K	167.3K	-947	0.00	139.64	0	0	1,313	167
2020-09-18	$34.65	$36.67	90.3%	25.9%	44.5%	45.0%	0.0%	9.0%	6.9%	2.2K	133.2K	-909	0.00	135.18	5	0	1,313	156
2020-09-21	$32.85	$36.67	96.5%	27.7%	46.9%	49.3%	119.8%	-57.0%	-25.6%	1.3K	-59.1K	-797	0.14	137.40	11	2	107	78
2020-09-22	$35.42	$36.67	56.0%	16.1%	56.1%	21.4%	0.0%	-16.0%	7.9%	2.6K	-101.5K	-817	1.00	126.70	2	2	116	80
2020-09-23	$35.37	$36.67	66.5%	19.1%	56.0%	28.6%	43.0%	-32.6%	5.4%	3.7K	-164.4K	-910	1.00	152.69	3	3	131	81
2020-09-24	$35.09	$33.33	57.5%	16.5%	55.9%	22.4%	59.3%	12.3%	2.1%	4.9K	-142.3K	-917	1.67	115.05	5	8	134	84
2020-09-25	$36.37	$33.33	54.0%	15.5%	57.6%	20.0%	0.0%	0.7%	1.7%	4.9K	-160.9K	-906	0.00	143.61	9	0	134	92
2020-09-28	$37.68	$33.33	99.9%	28.6%	59.2%	51.7%	87.8%	7.0%	-32.6%	4.4K	-184.3K	-934	0.00	150.07	6	0	126	92
2020-09-29	$38.00	$33.33	80.8%	23.2%	56.4%	38.5%	0.0%	-68.4%	3.3%	5.1K	-192.0K	-966	0.00	152.84	0	0	131	92
2020-09-30	$38.33	$33.33	55.0%	15.8%	54.2%	20.7%	0.0%	-2.6%	8.9%	6.1K	-209.9K	-906	0.00	121.31	6	0	131	92