PATK Options History — June 2021

In June 2021, PATK traded between $47.51 and $58.11. ATM implied volatility averaged 41.0%, placing in the 8.4% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 9.0% (HV 20d: 32.0%). Max pain ranged from $50.00 to $56.67. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.33.

Notable Days

  • 2021-06-30: Highest Volume — 1,565 contracts
  • 2021-06-29: Largest IV drop — 29.2% change
  • 2021-06-04: Highest IV Rank — 12.6%
  • 2021-06-18: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.06$47.51$58.11$58.11$48.83
Max Pain$53.48$50.00$56.67$53.33$50.00
ATM IV41.0%29.5%45.8%41.7%37.3%
Expected Move11.6%8.4%13.0%11.9%10.7%
HV 20d32.0%21.1%37.3%36.7%35.3%
HV 60d38.5%37.4%39.8%39.8%37.5%
IV Rank8.4%0.0%12.6%8.8%6.9%
IV Percentile6.8%0.0%15.5%6.0%2.4%
Term Structure3.6%-3.0%8.7%2.9%1.8%
VWIV40.4%35.7%49.9%37.7%35.8%
Skew 25d1.5%-4.4%9.3%-4.2%3.6%
Skew 10d1.8%-23.5%20.7%9.8%2.8%
Call IV 25d40.0%29.6%47.0%42.5%38.0%
Put IV 25d41.5%35.5%56.3%38.4%41.6%
Bid-Ask Spread %94.5182.93105.17103.0085.00
Gamma HHI0.210.110.380.160.36
Net GEX15.2K-1.0K49.1K15.9K49.1K
Net DEX-420.3K-750.4K-5.3K-664.7K-672.7K
Net VEX-3.0K-5.0K-2.4K-2.6K-4.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.002.250.500.28
Total Volume140.40901,565321,565
Total OI691.6365361,0355361,035

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-06-01$58.11$53.3341.7%11.9%36.7%8.8%37.7%-4.2%2.9%15.9K-664.7K-2.6K0.50103.002111422114
2021-06-02$57.21$53.3342.7%12.3%37.0%9.8%47.7%8.2%6.2%13.5K-614.7K-2.6K0.00105.17017437122
2021-06-03$55.85$56.6743.4%11.8%37.3%10.4%42.6%-4.4%3.6%9.5K-499.5K-2.6K0.1791.8992437132
2021-06-04$55.18$56.6745.8%11.6%36.8%12.6%0.0%2.9%8.7%6.9K-451.3K-2.5K0.0091.71300441134
2021-06-07$55.36$56.6742.3%12.2%35.3%9.4%0.0%-1.8%4.3%7.4K-459.9K-2.5K0.1488.75112456132
2021-06-08$56.35$56.6743.9%11.9%35.7%10.8%41.6%2.5%1.1%11.8K-563.7K-2.7K2.2589.501227464134
2021-06-09$55.11$56.6741.9%12.0%34.5%9.0%0.0%-3.3%-0.0%5.0K-433.0K-2.8K0.0092.6980479161
2021-06-10$53.71$56.6740.7%11.7%30.8%7.9%0.0%0.2%2.5%1.1K-320.1K-2.6K0.1795.6792479155
2021-06-11$54.01$56.6745.3%13.0%22.7%12.1%0.0%1.1%-3.0%5.6K-410.8K-2.7K0.0095.9000503156
2021-06-14$53.16$56.6739.9%11.4%22.6%7.2%0.0%9.3%2.8%-101-319.5K-2.5K0.0099.8490503156
2021-06-15$52.95$56.6737.2%10.7%22.4%4.8%40.3%8.2%6.4%-1.0K-302.0K-2.6K0.05100.14322507156
2021-06-16$52.73$53.3341.2%11.8%21.1%8.4%49.9%1.9%8.3%4.6K-355.3K-2.5K0.80103.381512536158
2021-06-17$49.37$53.3344.8%12.9%29.9%11.7%38.6%8.4%1.4%7.2K-62.2K-2.4K0.19102.58479539170
2021-06-18$47.83$53.3345.5%13.0%30.9%12.3%41.7%5.7%0.5%6.1K-5.3K-2.5K0.26103.875314585168
2021-06-21$48.43$50.0041.0%11.8%31.8%8.2%40.7%-1.5%3.2%10.2K-178.1K-2.7K0.0993.04656449149
2021-06-22$47.51$50.0040.4%11.6%31.5%7.6%38.2%-2.1%1.7%14.0K-149.5K-2.6K0.3192.454414492147
2021-06-23$47.91$50.0040.0%11.5%32.0%7.3%39.1%-1.5%7.3%18.7K-244.8K-2.9K0.2582.9329174531149
2021-06-24$48.94$50.0037.5%10.8%33.2%5.1%37.6%-3.6%6.8%28.9K-468.3K-3.4K0.0789.88605596150
2021-06-25$50.03$50.0037.5%10.7%34.6%5.0%35.7%-3.2%4.6%37.4K-750.4K-4.0K0.1891.458615642155
2021-06-28$48.34$50.0041.6%11.9%35.9%8.8%41.2%-2.5%2.3%39.7K-589.6K-4.2K0.5487.326938719171
2021-06-29$48.50$50.0029.5%8.4%34.9%0.0%38.2%8.3%4.8%43.6K-732.1K-5.0K0.4293.05284119788207
2021-06-30$48.83$50.0037.3%10.7%35.3%6.9%35.8%3.6%1.8%49.1K-672.7K-4.9K0.2885.001,220345813222