PATK Options History — August 2021

In August 2021, PATK traded between $54.15 and $58.09. ATM implied volatility averaged 36.6%, placing in the 6.3% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 4.1% (HV 20d: 32.5%). Max pain ranged from $43.33 to $50.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.77.

Notable Days

  • 2021-08-03: Highest Volume — 90 contracts
  • 2021-08-23: Largest IV drop — 19.6% change
  • 2021-08-10: Highest IV Rank — 11.1%
  • 2021-08-20: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.40$54.15$58.09$56.09$54.63
Max Pain$48.64$43.33$50.00$46.67$50.00
ATM IV36.6%32.2%42.1%35.9%37.2%
Expected Move10.4%9.2%12.0%10.3%10.7%
HV 20d32.5%29.7%34.5%34.3%34.0%
HV 60d35.0%33.5%37.3%37.3%36.0%
IV Rank6.3%2.4%11.1%5.6%6.8%
IV Percentile5.7%0.4%19.4%1.2%7.5%
Term Structure1.0%-5.3%5.3%-0.3%-0.9%
VWIV37.3%27.9%48.7%35.8%33.0%
Skew 25d4.7%-5.3%10.9%1.5%10.1%
Skew 10d11.6%-1.4%22.4%15.4%18.2%
Call IV 25d34.0%24.4%40.0%35.6%31.8%
Put IV 25d38.7%31.0%43.2%37.1%42.0%
Bid-Ask Spread %86.1579.7994.5385.0792.71
Gamma HHI0.700.480.820.480.61
Net GEX172.2K91.9K229.5K187.1K91.9K
Net DEX-4.7M-6.8M-972.7K-6.0M-972.7K
Net VEX-7.7K-9.8K-4.7K-9.8K-4.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.004.000.324.00
Total Volume28.4556904415
Total OI2,742.1361,2233,4713,3821,331

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-08-02$56.09$46.6735.9%10.3%34.3%5.6%35.8%1.5%-0.3%187.1K-6.0M-9.8K0.3285.0733112,0241,358
2021-08-03$56.29$46.6734.7%10.0%32.4%4.6%35.6%2.0%0.9%196.2K-6.3M-9.3K0.3094.5369212,0401,362
2021-08-04$55.32$46.6733.0%9.5%33.7%3.1%0.0%-5.3%2.4%178.1K-5.9M-9.5K0.1791.082752,0641,364
2021-08-05$55.84$43.3332.8%10.0%32.5%3.0%48.7%3.7%4.6%182.3K-6.0M-9.1K2.6781.955122,0401,371
2021-08-06$57.01$43.3337.7%10.4%32.1%7.3%0.0%2.8%3.4%195.4K-6.5M-9.5K2.0079.97362,0431,376
2021-08-09$55.36$46.6737.0%10.8%34.3%6.7%36.6%8.0%2.7%163.8K-5.5M-7.9K1.3682.2917231,9911,370
2021-08-10$57.75$46.6742.1%10.9%34.5%11.1%38.9%-1.1%3.2%205.0K-6.8M-8.9K1.2282.2514171,9921,367
2021-08-11$57.97$50.0035.7%10.2%33.9%5.5%0.0%3.9%1.9%219.3K-6.8M-8.9K0.0080.640261,9971,391
2021-08-12$58.09$50.0038.0%10.9%34.0%7.5%33.1%5.9%-5.3%229.5K-6.8M-8.9K0.0083.314402,0041,407
2021-08-13$57.65$50.0038.2%10.9%34.5%7.7%0.0%6.2%0.2%213.4K-6.5M-8.7K0.0083.36802,0041,427
2021-08-16$57.42$50.0039.9%11.4%32.4%9.2%37.1%2.4%3.5%205.1K-6.4M-8.3K0.5479.7920112,0241,427
2021-08-17$56.01$50.0037.8%10.8%30.6%7.4%0.0%6.9%3.2%155.7K-5.5M-7.3K0.1480.591122,0311,427
2021-08-18$55.31$50.0038.3%11.0%30.4%7.8%39.8%1.1%3.3%137.5K-5.6M-7.7K1.0086.8017172,0311,428
2021-08-19$54.15$50.0038.2%10.9%31.7%7.7%40.5%1.5%-2.1%99.9K-4.9M-6.6K0.2583.78622,0331,430
2021-08-20$54.93$50.0041.9%12.0%31.9%11.0%39.0%6.9%-4.5%106.5K-5.1M-6.5K0.6183.5327172,0251,446
2021-08-23$55.85$50.0033.7%9.7%32.2%3.7%32.9%10.8%5.3%133.7K-1.4M-5.9K0.3389.47238989234
2021-08-24$56.89$50.0034.2%9.8%32.2%4.2%34.4%6.6%3.7%159.1K-1.7M-6.4K0.0490.283921,005246
2021-08-25$57.53$50.0034.5%9.9%32.0%4.5%27.9%3.1%0.3%181.5K-2.1M-7.0K0.4491.801461,028255
2021-08-26$56.17$50.0036.1%10.3%29.7%5.8%36.8%7.3%-0.2%144.0K-1.7M-6.4K0.0091.08601,052255
2021-08-27$57.59$50.0032.2%9.2%30.8%2.4%44.2%10.9%1.4%219.5K-2.1M-6.7K0.4390.201151,064252
2021-08-30$56.91$50.0035.5%10.2%30.6%5.4%39.5%8.6%-4.0%183.8K-1.9M-6.4K0.4290.901881,070252
2021-08-31$54.63$50.0037.2%10.7%34.0%6.8%33.0%10.1%-0.9%91.9K-972.7K-4.7K4.0092.713121,077254