PATK Options History — January 2021

In January 2021, PATK traded between $44.93 and $49.95. ATM implied volatility averaged 71.5%, placing in the 29.1% IV rank vs the trailing year. The 30-day expected move averaged 16.4%. IV traded above realized volatility by 29.8% (HV 20d: 41.6%). Max pain ranged from $40.00 to $46.67. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.40.

Notable Days

2021-01-14: Highest Volume — 1,202 contracts
2021-01-13: Largest IV drop — 53.0% change
2021-01-11: Highest IV Rank — 80.3%
2021-01-27: Largest Expected Move — 23.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.54	$44.93	$49.95	$46.38	$46.25
Max Pain	$44.04	$40.00	$46.67	$43.33	$46.67
ATM IV	71.5%	41.2%	142.7%	95.0%	57.4%
Expected Move	16.4%	11.8%	23.0%	18.0%	16.5%
HV 20d	41.6%	28.4%	50.6%	33.0%	50.5%
HV 60d	49.7%	47.9%	50.8%	49.1%	49.5%
IV Rank	29.1%	6.7%	80.3%	47.3%	18.5%
IV Percentile	41.1%	4.4%	96.8%	79.0%	21.8%
Term Structure	-0.4%	-26.1%	19.4%	0.4%	-3.0%
VWIV	56.6%	35.9%	84.1%	53.4%	84.1%
Skew 25d	9.2%	-21.6%	44.8%	19.9%	-4.9%
Skew 10d	0.5%	-33.1%	25.5%	5.6%	5.9%
Call IV 25d	71.2%	48.1%	103.3%	72.1%	97.4%
Put IV 25d	80.3%	49.6%	120.6%	92.0%	92.5%
Bid-Ask Spread %	118.04	104.84	131.76	112.44	128.43
Gamma HHI	0.52	0.31	0.73	0.42	0.59
Net GEX	89.7K	15.3K	357.4K	17.8K	98.0K
Net DEX	-1.3M	-2.8M	-523.5K	-523.5K	-1.1M
Net VEX	-4.5K	-8.4K	-1.8K	-2.2K	-4.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.40	0.00	2.50	0.00	0.00
Total Volume	79.789	0	1,202	0	3
Total OI	1,091.947	386	1,702	387	1,696

Daily Data (19 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
2021-01-04	$46.38	$43.33	95.0%	18.0%	33.0%	47.3%	0.0%	19.9%	0.4%	17.8K	-523.5K	-2.2K	0.00	112.44	0	0	267	120
2021-01-05	$47.27	$43.33	75.6%	16.1%	28.4%	33.8%	53.4%	20.8%	5.3%	20.9K	-562.5K	-2.1K	0.00	104.84	9	0	267	120
2021-01-06	$49.39	$43.33	67.7%	15.3%	31.9%	28.2%	57.4%	23.7%	-0.1%	24.9K	-768.5K	-2.1K	1.00	113.41	21	21	273	120
2021-01-07	$48.57	$43.33	77.3%	15.5%	32.6%	35.0%	55.5%	10.3%	-1.6%	15.3K	-687.1K	-1.8K	0.00	122.93	62	0	254	132
2021-01-08	$46.15	$43.33	105.3%	17.2%	37.7%	53.2%	55.3%	5.6%	7.7%	16.8K	-532.1K	-2.2K	0.04	113.20	41	2	314	132
2021-01-11	$46.65	$40.00	142.7%	17.8%	37.8%	80.3%	0.0%	12.2%	-1.9%	20.3K	-635.9K	-2.4K	0.00	112.46	0	0	354	134
2021-01-12	$48.93	$40.00	123.0%	18.5%	41.1%	66.0%	55.7%	18.7%	3.2%	30.1K	-807.2K	-2.3K	0.29	114.26	11	3	354	134
2021-01-13	$47.98	$43.33	57.8%	16.6%	41.9%	18.8%	57.4%	3.9%	1.5%	25.2K	-748.2K	-2.3K	1.00	120.58	3	3	359	137
2021-01-14	$48.31	$43.33	55.0%	15.8%	39.4%	16.7%	50.7%	20.5%	-12.9%	21.2K	-809.1K	-2.2K	0.00	116.07	1,202	0	362	140
2021-01-15	$46.65	$43.33	55.8%	16.0%	40.0%	17.3%	0.0%	16.5%	-7.4%	357.4K	-1.9M	-7.6K	0.00	122.44	2	0	1,562	140
2021-01-19	$49.55	$43.33	41.2%	11.8%	45.3%	6.7%	35.9%	-4.4%	17.4%	147.5K	-2.8M	-8.4K	0.04	113.84	36	2	1,502	132
2021-01-20	$49.95	$43.33	51.3%	14.7%	45.4%	14.1%	62.3%	-21.6%	4.6%	169.2K	-2.8M	-8.4K	0.00	108.84	3	0	1,529	132
2021-01-21	$48.55	$43.33	59.7%	17.1%	45.0%	20.1%	67.7%	-3.5%	-15.5%	164.9K	-2.5M	-7.9K	0.31	117.07	48	15	1,526	132
2021-01-22	$48.12	$46.67	45.3%	13.0%	45.2%	9.7%	43.8%	11.7%	14.4%	143.1K	-2.4M	-7.6K	2.50	121.58	3	8	1,527	147
2021-01-25	$46.13	$46.67	50.8%	14.6%	47.7%	13.7%	84.1%	44.8%	2.0%	103.1K	-1.1M	-5.1K	0.00	122.77	0	8	1,526	155
2021-01-26	$46.77	$46.67	56.6%	16.2%	47.8%	17.9%	0.0%	-16.6%	19.4%	133.4K	-1.8M	-6.3K	0.00	123.00	0	2	1,526	162
2021-01-27	$44.93	$46.67	80.3%	23.0%	49.8%	35.1%	0.0%	17.3%	-26.1%	83.4K	-1.2M	-5.3K	0.00	131.76	0	0	1,526	164
2021-01-28	$46.73	$46.67	59.7%	17.1%	50.6%	20.1%	0.0%	-0.8%	-14.3%	111.9K	-1.4M	-5.3K	0.00	122.88	8	0	1,526	164
2021-01-29	$46.25	$46.67	57.4%	16.5%	50.5%	18.5%	0.0%	-4.9%	-3.0%	98.0K	-1.1M	-4.6K	0.00	128.43	0	3	1,532	164