PATK Options History — December 2020

In December 2020, PATK traded between $42.02 and $48.02. ATM implied volatility averaged 59.7%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded above realized volatility by 17.4% (HV 20d: 42.4%). Max pain ranged from $40.00 to $46.67. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 1.09.

Notable Days

  • 2020-12-17: Highest Volume — 692 contracts
  • 2020-12-24: Largest IV spike — 55.5% change
  • 2020-12-01: Highest IV Rank — 43.9%
  • 2020-12-01: Largest Expected Move — 25.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.67$42.02$48.02$42.31$45.87
Max Pain$44.13$40.00$46.67$40.00$46.67
ATM IV59.7%35.9%88.6%88.6%58.2%
Expected Move17.5%14.3%25.4%25.4%16.7%
HV 20d42.4%32.0%62.6%62.3%33.8%
HV 60d53.2%49.0%55.9%55.0%49.0%
IV Rank24.0%7.5%43.9%43.9%22.9%
IV Percentile33.7%5.2%73.8%73.8%28.6%
Term Structure-3.6%-35.7%17.4%-35.7%4.8%
VWIV60.6%40.3%107.1%68.7%107.1%
Skew 25d4.6%-30.6%26.7%20.7%8.2%
Skew 10d16.5%-41.1%47.2%35.9%0.6%
Call IV 25d72.9%48.9%91.2%71.2%48.9%
Put IV 25d77.5%47.5%101.1%91.9%57.2%
Bid-Ask Spread %127.28118.78145.40145.40131.27
Gamma HHI0.760.420.990.910.45
Net GEX231.8K12.0K734.6K128.6K18.5K
Net DEX-2.4M-7.4M-470.8K-1.7M-493.6K
Net VEX-3.7K-5.4K-1.9K-5.1K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.090.009.001.000.00
Total Volume650692100
Total OI1,292.0453022,0401,637387

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-12-01$42.31$40.0088.6%25.4%62.3%43.9%68.7%20.7%-35.7%128.6K-1.7M-5.1K1.00145.40551,356281
2020-12-02$42.02$40.0084.9%24.3%61.5%41.3%0.0%12.0%-33.6%120.8K-1.7M-5.1K0.00132.63001,361285
2020-12-03$43.09$0.0072.3%17.1%61.8%32.6%53.2%3.1%1.2%141.3K-1.3M-4.3K5.00120.61281,361285
2020-12-04$45.39$43.3335.9%16.2%62.6%7.5%0.0%-21.0%-9.8%347.7K-3.1M-5.4K0.00123.628001,362293
2020-12-07$45.32$43.3342.1%16.8%62.4%11.8%0.0%2.0%-8.6%318.1K-2.9M-5.2K0.00120.835101,436293
2020-12-08$45.05$43.3345.6%14.9%38.9%14.2%57.2%25.4%1.9%238.9K-2.8M-5.3K0.13118.784761,487293
2020-12-09$45.66$43.3351.0%14.6%38.8%17.9%54.2%26.7%6.9%394.7K-3.5M-5.4K0.04129.003821,529299
2020-12-10$45.33$43.3352.3%15.0%39.2%18.8%59.8%-10.6%-1.5%440.4K-2.5M-5.0K2.50123.99381,557300
2020-12-11$45.83$43.3357.2%16.4%37.0%22.2%0.0%3.7%-7.0%450.3K-3.6M-5.2K0.00124.3315301,560306
2020-12-14$46.09$43.3358.1%16.7%36.1%22.9%0.0%12.2%-18.8%596.4K-3.9M-4.6K0.00125.98001,707306
2020-12-15$48.02$43.3358.6%16.8%37.4%23.2%51.8%10.3%7.4%462.1K-5.7M-3.8K0.00123.334401,707306
2020-12-16$46.65$43.3367.8%19.4%39.1%29.5%0.0%14.7%-13.8%581.8K-4.2M-4.0K0.17127.7590151,734306
2020-12-17$47.09$43.3363.7%18.3%39.0%26.7%0.0%9.7%-7.9%734.6K-4.8M-3.3K0.00129.8969021,665291
2020-12-18$47.35$43.3362.1%17.8%38.9%25.6%71.0%9.5%1.5%12.0K-7.4M-1.9K0.05128.256031,659293
2020-12-21$45.85$43.3353.3%15.3%41.3%19.5%61.8%9.9%6.7%12.7K-480.3K-2.0K1.60137.0781222775
2020-12-22$45.85$46.6753.3%15.3%35.3%19.6%41.1%10.2%15.6%14.6K-470.8K-2.1K0.00129.1517022787
2020-12-23$46.37$46.6749.9%14.3%35.0%17.2%40.3%-30.6%17.4%15.0K-519.8K-2.2K0.05125.3430224287
2020-12-24$46.85$46.6777.6%22.2%32.2%36.3%0.0%-9.2%-14.4%15.2K-584.7K-2.3K0.00123.380026192
2020-12-28$47.02$46.6766.4%19.0%32.0%28.6%0.0%-24.5%-6.2%19.2K-593.7K-2.2K9.00126.6132726192
2020-12-29$45.55$46.6757.1%16.4%33.5%22.2%107.1%16.1%5.3%17.3K-476.7K-2.3K0.13119.57122264119
2020-12-30$46.24$46.6758.2%16.7%33.8%22.9%0.0%1.6%8.9%18.9K-493.2K-2.3K0.00133.3950266120
2020-12-31$45.87$46.6758.2%16.7%33.8%22.9%0.0%8.2%4.8%18.5K-493.6K-2.3K0.00131.2700267120