PATK Options History — October 2020

In October 2020, PATK traded between $37.07 and $44.67. ATM implied volatility averaged 75.1%, placing in the 34.6% IV rank vs the trailing year. The 30-day expected move averaged 19.1%. IV traded above realized volatility by 21.5% (HV 20d: 53.7%). Max pain ranged from $30.00 to $40.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.89.

Notable Days

  • 2020-10-26: Highest Volume — 150 contracts
  • 2020-10-06: Largest IV spike — 90.3% change
  • 2020-10-06: Highest IV Rank — 61.3%
  • 2020-10-28: Largest Expected Move — 25.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.11$37.07$44.67$41.59$37.21
Max Pain$37.42$30.00$40.00$33.33$36.67
ATM IV75.1%39.4%113.9%58.8%71.1%
Expected Move19.1%13.7%25.9%16.8%20.4%
HV 20d53.7%45.5%61.5%61.5%45.5%
HV 60d50.5%48.6%52.2%51.9%48.7%
IV Rank34.6%10.0%61.3%23.3%31.8%
IV Percentile60.0%15.1%91.7%43.7%57.9%
Term Structure-2.0%-37.6%23.6%15.5%-12.4%
VWIV71.6%50.7%135.4%52.0%135.4%
Skew 25d13.6%-40.9%76.7%1.3%76.7%
Skew 10d14.1%-38.5%37.3%8.3%-21.6%
Call IV 25d82.4%53.5%106.1%61.6%55.8%
Put IV 25d96.0%42.5%132.6%63.0%132.6%
Bid-Ask Spread %117.48107.88132.04132.04120.92
Gamma HHI0.240.190.320.230.30
Net GEX5.5K19014.2K7.7K12.0K
Net DEX-306.5K-482.4K-32.9K-329.5K-398.8K
Net VEX-1.5K-2.1K-847-847-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.008.000.113.00
Total Volume23.4092150327
Total OI371.818229549229542

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-10-01$41.59$33.3358.8%16.8%61.5%23.3%52.0%1.3%15.5%7.7K-329.5K-8470.11132.0429313792
2020-10-02$42.60$33.3369.1%19.8%52.0%30.4%50.7%-21.4%20.7%5.3K-370.4K-9820.25125.2112314495
2020-10-05$44.67$30.0059.9%16.3%53.8%24.0%69.6%21.8%2.3%7.7K-470.3K-8530.25107.8812315398
2020-10-06$44.51$30.00113.9%20.5%53.4%61.3%66.9%12.1%0.5%6.2K-437.3K-1.1K1.00114.4433158101
2020-10-07$44.51$30.0083.5%18.8%53.1%40.3%57.6%7.9%5.2%7.6K-448.0K-1.0K2.08113.883675158104
2020-10-08$42.21$40.0096.7%17.6%57.4%49.5%72.1%9.8%-0.5%4.2K-288.5K-1.7K0.63115.31128179179
2020-10-09$42.83$40.00103.8%15.4%56.3%54.4%56.3%3.2%6.4%5.0K-364.6K-1.6K0.00116.03300188186
2020-10-12$43.08$40.00111.0%16.0%55.4%59.3%0.0%0.9%5.0%4.3K-325.9K-1.5K0.00116.8120180186
2020-10-13$42.59$40.0039.4%15.4%54.6%10.0%0.0%3.8%5.5%3.6K-362.9K-1.4K0.00116.2003180186
2020-10-14$41.91$40.0047.9%13.7%55.2%15.8%0.0%12.1%2.5%1.9K-312.2K-1.5K0.09116.52172180189
2020-10-15$43.19$40.0057.4%16.4%54.7%22.3%69.9%13.6%-7.6%5.2K-382.8K-1.6K0.67112.7353198189
2020-10-16$42.57$40.0054.5%15.6%55.4%20.3%52.1%9.2%5.2%3.6K-397.9K-1.6K0.00114.8260201192
2020-10-19$41.53$40.0089.0%25.5%51.9%44.2%61.8%17.2%-37.6%2.1K-213.4K-1.6K0.00115.1330162174
2020-10-20$42.44$40.0055.0%15.8%46.4%20.7%60.5%36.7%-3.5%4.0K-268.6K-1.5K0.00111.66120165174
2020-10-21$39.31$40.0073.8%21.2%55.4%33.7%0.0%17.0%-22.6%2.8K-136.3K-1.6K0.00122.70015177174
2020-10-22$38.66$40.0072.2%20.7%55.8%32.6%130.0%27.3%-15.9%1.5K-70.7K-1.7K0.00120.14024177189
2020-10-23$38.13$40.0086.4%24.8%54.9%42.3%0.0%26.5%-13.3%919-61.8K-1.7K0.00111.7508177201
2020-10-26$37.51$40.0085.6%24.6%53.9%41.8%68.0%-40.9%-5.9%190-32.9K-1.6K0.00121.781500177210
2020-10-27$37.07$36.6767.2%19.3%53.9%29.1%71.8%4.9%23.6%11.1K-282.1K-2.1K0.00117.42120327213
2020-10-28$37.85$36.6790.4%25.9%54.4%45.1%135.4%22.2%-31.1%10.9K-306.5K-2.0K8.00121.44212336213
2020-10-29$38.49$36.6765.8%18.9%45.5%28.2%0.0%37.3%13.3%14.2K-482.4K-2.1K0.00119.8230338201
2020-10-30$37.21$36.6771.1%20.4%45.5%31.8%0.0%76.7%-12.4%12.0K-398.8K-2.1K3.00120.9225341201