PATK Options History — February 2021

In February 2021, PATK traded between $45.73 and $55.50. ATM implied volatility averaged 57.7%, placing in the 18.7% IV rank vs the trailing year. The 30-day expected move averaged 16.1%. IV traded above realized volatility by 16.0% (HV 20d: 41.7%). Max pain ranged from $46.67 to $46.67. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.97.

Notable Days

2021-02-04: Highest Volume — 243 contracts
2021-02-09: Largest IV spike — 62.1% change
2021-02-09: Highest IV Rank — 31.2%
2021-02-01: Largest Expected Move — 19.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$51.88	$45.73	$55.50	$45.73	$53.45
Max Pain	$46.67	$46.67	$46.67	$46.67	$46.67
ATM IV	57.7%	46.3%	75.0%	68.1%	60.3%
Expected Move	16.1%	13.5%	19.5%	19.5%	17.3%
HV 20d	41.7%	28.1%	50.9%	50.6%	28.1%
HV 60d	41.8%	37.7%	49.2%	49.2%	38.1%
IV Rank	18.7%	10.4%	31.2%	26.2%	20.6%
IV Percentile	22.3%	6.7%	53.6%	43.7%	27.0%
Term Structure	-0.9%	-24.8%	11.3%	-9.9%	-10.5%
VWIV	74.2%	52.9%	142.4%	71.4%	52.9%
Skew 25d	-0.5%	-49.2%	16.5%	4.4%	-2.6%
Skew 10d	15.7%	-6.2%	61.1%	17.6%	61.1%
Call IV 25d	73.0%	49.7%	119.3%	104.3%	77.5%
Put IV 25d	72.5%	52.0%	108.8%	108.8%	74.9%
Bid-Ask Spread %	135.67	118.53	154.95	124.85	139.13
Gamma HHI	0.62	0.20	0.96	0.64	0.54
Net GEX	175.7K	4.6K	671.8K	104.7K	19.8K
Net DEX	-2.6M	-7.5M	-261.2K	-1.2M	-549.5K
Net VEX	-3.8K	-6.4K	-974	-5.0K	-2.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.97	0.00	13.00	0.17	0.01
Total Volume	45.842	0	243	11	0
Total OI	1,303.579	140	1,818	1,684	275

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
2021-02-01	$45.73	$46.67	68.1%	19.5%	50.6%	26.2%	71.4%	4.4%	-9.9%	104.7K	-1.2M	-5.0K	0.17	124.85	9	2	1,517	167
2021-02-02	$46.15	$46.67	54.3%	15.6%	50.6%	16.2%	142.4%	-49.2%	8.4%	99.2K	-881.1K	-3.9K	0.00	128.58	0	2	1,521	168
2021-02-03	$46.99	$46.67	65.5%	18.8%	50.5%	24.3%	69.5%	-46.7%	-18.2%	129.2K	-1.5M	-5.1K	0.00	126.36	8	0	1,521	167
2021-02-04	$48.60	$46.67	69.8%	16.0%	49.4%	27.4%	0.0%	-0.8%	-4.2%	158.7K	-1.9M	-5.5K	0.13	153.69	216	27	1,518	167
2021-02-05	$50.48	$46.67	59.4%	14.5%	50.9%	19.9%	0.0%	4.3%	10.5%	254.9K	-2.9M	-6.4K	13.00	123.54	2	20	1,671	147
2021-02-08	$51.83	$46.67	46.3%	18.5%	47.5%	10.4%	69.8%	6.6%	-16.2%	252.0K	-3.7M	-6.2K	0.00	130.17	108	0	1,673	128
2021-02-09	$52.77	$46.67	75.0%	15.1%	47.7%	31.2%	0.0%	-2.4%	8.8%	293.5K	-4.3M	-6.1K	0.12	131.71	137	17	1,653	158
2021-02-10	$52.65	$46.67	53.0%	15.2%	45.1%	15.3%	0.0%	9.0%	7.4%	226.5K	-4.0M	-5.6K	0.03	154.95	45	2	1,538	144
2021-02-11	$52.46	$46.67	52.7%	15.1%	44.4%	15.1%	56.5%	1.4%	-0.3%	290.9K	-4.0M	-5.2K	0.00	144.82	51	0	1,512	146
2021-02-12	$52.39	$46.67	54.7%	15.7%	44.4%	16.5%	0.0%	4.0%	2.5%	214.3K	-3.6M	-5.1K	0.23	137.35	20	5	1,502	146
2021-02-16	$51.96	$46.67	47.1%	13.5%	42.3%	11.0%	0.0%	-9.0%	11.3%	280.6K	-3.3M	-3.5K	0.19	149.72	24	5	1,497	149
2021-02-17	$53.45	$46.67	54.8%	15.7%	38.0%	16.6%	0.0%	16.5%	-1.8%	300.0K	-4.2M	-3.2K	0.00	141.51	2	0	1,488	152
2021-02-18	$53.65	$46.67	53.1%	15.2%	38.0%	15.4%	0.0%	12.3%	5.0%	671.8K	-4.5M	-2.4K	0.00	127.26	0	3	1,488	152
2021-02-19	$54.65	$46.67	50.8%	14.6%	36.4%	13.7%	0.0%	7.4%	5.6%	4.8K	-7.5M	-974	0.00	125.35	11	0	1,488	155
2021-02-22	$54.71	$46.67	53.7%	15.4%	36.0%	15.8%	57.1%	11.6%	3.9%	4.6K	-261.2K	-1.1K	0.67	118.53	14	9	81	59
2021-02-23	$54.69	$46.67	55.2%	15.8%	31.3%	16.9%	0.0%	11.5%	5.3%	6.6K	-282.4K	-1.2K	0.00	128.49	23	0	93	68
2021-02-24	$55.50	$46.67	62.1%	17.8%	31.3%	21.9%	52.9%	10.5%	-24.8%	7.0K	-370.9K	-1.5K	0.01	152.67	107	2	116	68
2021-02-25	$53.67	$46.67	60.5%	17.3%	30.0%	20.7%	0.0%	1.5%	0.5%	19.4K	-590.6K	-2.1K	0.00	139.01	0	0	206	69
2021-02-26	$53.45	$46.67	60.3%	17.3%	28.1%	20.6%	0.0%	-2.6%	-10.5%	19.8K	-549.5K	-2.1K	0.00	139.13	0	0	206	69