PATK Options History — March 2021

In March 2021, PATK traded between $51.79 and $61.08. ATM implied volatility averaged 57.8%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded above realized volatility by 21.1% (HV 20d: 36.8%). Max pain ranged from $46.67 to $60.00. Net GEX was positive for 4 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 10.47.

Notable Days

  • 2021-03-19: Highest Volume — 1,716 contracts
  • 2021-03-10: Largest IV drop — 29.0% change
  • 2021-03-05: Highest IV Rank — 30.3%
  • 2021-03-30: Largest Expected Move — 18.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.86$51.79$61.08$55.37$57.28
Max Pain$57.02$46.67$60.00$46.67$56.67
ATM IV57.8%46.7%73.7%58.7%62.6%
Expected Move15.7%12.9%18.7%16.8%18.0%
HV 20d36.8%29.1%46.1%29.1%44.0%
HV 60d40.0%38.3%42.5%38.7%42.5%
IV Rank18.8%10.7%30.3%19.4%22.3%
IV Percentile22.9%4.0%52.4%24.2%34.5%
Term Structure-4.2%-32.6%14.5%-23.1%-7.5%
VWIV55.2%43.5%73.3%57.5%57.2%
Skew 25d-5.3%-46.8%13.3%-34.3%2.2%
Skew 10d13.5%-24.1%51.6%8.1%13.2%
Call IV 25d68.2%47.3%93.7%91.9%72.2%
Put IV 25d62.9%36.8%89.5%57.6%74.4%
Bid-Ask Spread %134.42119.54152.10152.10141.17
Gamma HHI0.590.270.780.520.70
Net GEX-48.9K-100.6K25.8K18.8K-78.8K
Net DEX-32.3K-1.3M1.5M-663.3K465.1K
Net VEX-4.1K-6.4K-2.0K-2.0K-5.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.470.00150.00150.000.00
Total Volume93.8701,7162273
Total OI1,038.7832751,1542751,079

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-03-01$55.37$46.6758.7%16.8%29.1%19.4%57.5%-34.3%-23.1%18.8K-663.3K-2.0K150.00152.10222520669
2021-03-02$53.96$50.0064.8%18.6%30.8%23.9%0.0%-8.8%-8.4%-93.0K601.1K-4.8K0.00146.5505206819
2021-03-03$55.45$50.0064.3%18.4%31.5%23.5%0.0%-4.2%-32.6%-66.6K393.8K-4.6K0.00144.1920206824
2021-03-04$54.05$0.0065.0%14.4%33.6%23.9%0.0%1.6%5.8%-80.2K464.9K-4.6K0.00130.9960207824
2021-03-05$55.63$0.0073.7%14.3%33.1%30.3%0.0%6.9%-2.2%-54.8K-3.1K-4.0K0.50144.0032213824
2021-03-08$57.44$0.0067.1%12.9%32.5%25.5%0.0%6.9%14.5%-48.3K-333.2K-3.3K1.00133.4222213825
2021-03-09$59.22$0.0065.8%15.8%32.8%24.5%61.7%2.6%-10.4%-23.2K-741.5K-2.6K0.00123.44380215827
2021-03-10$60.69$60.0046.7%13.4%33.2%10.7%0.0%12.6%2.7%-26.9K-944.6K-2.4K0.04128.17352245827
2021-03-11$60.42$60.0050.9%14.6%33.3%13.8%0.0%12.4%3.6%-28.0K-747.8K-3.5K0.00123.83110278828
2021-03-12$59.84$60.0050.6%14.5%33.6%13.6%0.0%-2.3%8.3%-19.4K-932.4K-3.0K0.00119.5400276828
2021-03-15$61.08$60.0047.2%13.5%33.8%11.1%0.0%13.3%10.8%9.9K-1.3M-2.2K0.00129.3700276828
2021-03-16$60.38$60.0047.5%13.6%34.0%11.3%48.5%-0.8%3.9%-20.4K-908.5K-2.8K0.00136.78140276828
2021-03-17$59.91$60.0048.8%14.0%33.5%12.2%0.0%-8.4%1.1%-17.8K-946.2K-2.6K5.00131.58315275828
2021-03-18$57.60$60.0056.1%16.1%37.2%17.5%59.6%4.0%5.7%11.8K-1.2M-2.2K0.00124.40300278843
2021-03-19$56.63$60.0055.6%15.9%37.4%17.2%73.3%10.2%-2.3%25.8K-1.2M-2.3K9.79128.171591,557308846
2021-03-22$55.57$60.0051.1%14.7%38.1%13.9%51.9%6.8%-8.5%-88.2K968.3K-6.4K0.50130.4595197848
2021-03-23$52.91$56.6757.7%16.5%42.0%18.7%43.5%-26.4%-12.0%-92.7K1.3M-6.4K0.25139.28123206854
2021-03-24$51.79$56.6756.8%16.3%42.1%18.0%0.0%-17.6%-9.8%-100.6K1.5M-6.2K0.00133.1400212857
2021-03-25$54.14$56.6762.1%17.8%43.8%21.9%43.6%-46.8%-2.8%-79.9K1.3M-6.3K0.50139.8063212857
2021-03-26$56.45$56.6752.8%15.1%46.1%15.2%0.0%-29.9%1.8%-94.8K676.9K-5.9K0.00138.5200216858
2021-03-29$55.31$56.6758.7%16.8%45.1%19.5%57.2%-7.0%-16.7%-91.7K813.7K-5.8K0.00135.4205216857
2021-03-30$56.71$56.6765.3%18.7%44.9%24.2%0.0%-15.0%-19.8%-86.7K689.0K-5.5K0.00137.4100216861
2021-03-31$57.28$56.6762.6%18.0%44.0%22.3%0.0%2.2%-7.5%-78.8K465.1K-5.5K0.00141.1730218861