PATK Options History — November 2021

In November 2021, PATK traded between $51.87 and $55.33. ATM implied volatility averaged 32.6%, placing in the 4.5% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 5.3% (HV 20d: 27.2%). Max pain ranged from $50.00 to $53.33. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.66.

Notable Days

2021-11-30: Highest Volume — 400 contracts
2021-11-26: Largest IV spike — 30.6% change
2021-11-26: Highest IV Rank — 9.6%
2021-11-03: Largest Expected Move — 10.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$53.66	$51.87	$55.33	$53.82	$53.50
Max Pain	$51.11	$50.00	$53.33	$50.00	$53.33
ATM IV	32.6%	25.7%	38.0%	36.1%	36.9%
Expected Move	9.4%	7.4%	10.9%	10.3%	10.6%
HV 20d	27.2%	25.3%	31.5%	26.2%	27.4%
HV 60d	26.8%	25.4%	28.4%	28.4%	26.3%
IV Rank	4.5%	0.0%	9.6%	7.0%	9.6%
IV Percentile	8.0%	0.0%	24.2%	15.9%	24.2%
Term Structure	4.2%	-2.4%	10.8%	0.8%	-1.5%
VWIV	33.8%	29.1%	45.8%	45.8%	33.7%
Skew 25d	4.2%	-0.7%	14.3%	14.3%	2.5%
Skew 10d	8.3%	1.4%	29.1%	29.1%	23.1%
Call IV 25d	30.7%	26.3%	37.1%	30.5%	35.9%
Put IV 25d	34.9%	30.4%	44.9%	44.9%	38.4%
Bid-Ask Spread %	91.15	76.16	101.38	96.61	101.38
Gamma HHI	0.27	0.16	0.84	0.20	0.28
Net GEX	-3.9K	-194.9K	37.8K	37.8K	-21.7K
Net DEX	-932.2K	-1.8M	-84.9K	-1.1M	-119.8K
Net VEX	-3.5K	-4.4K	-2.4K	-4.4K	-4.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.66	0.44	1.52	1.52	0.74
Total Volume	325.143	254	400	383	400
Total OI	1,370.524	491	1,762	1,541	719

Daily Data (21 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
2021-11-01	$53.82	$50.00	36.1%	10.3%	26.2%	7.0%	45.8%	14.3%	0.8%	37.8K	-1.1M	-4.4K	1.52	96.61	152	231	945	596
2021-11-02	$52.51	$50.00	34.6%	9.9%	27.2%	5.7%	38.8%	-0.7%	-0.9%	35.5K	-937.6K	-4.2K	0.58	91.56	161	93	969	597
2021-11-03	$52.81	$50.00	38.0%	10.9%	27.0%	8.7%	38.9%	1.2%	-2.4%	31.0K	-900.9K	-4.3K	0.44	95.26	216	95	980	614
2021-11-04	$52.73	$50.00	33.8%	9.5%	25.3%	5.1%	34.9%	6.1%	4.7%	30.1K	-976.6K	-4.1K	0.44	76.16	216	95	998	615
2021-11-05	$53.22	$50.00	31.2%	9.6%	25.4%	2.8%	32.6%	1.2%	3.5%	31.1K	-1.1M	-3.8K	0.44	86.34	216	95	998	615
2021-11-08	$52.61	$50.00	32.3%	9.3%	25.5%	3.7%	35.1%	1.5%	5.4%	25.7K	-1.0M	-3.5K	0.46	77.85	204	95	999	614
2021-11-09	$51.87	$50.00	31.4%	8.8%	25.7%	3.0%	32.8%	7.9%	7.9%	20.9K	-835.1K	-3.5K	0.54	85.05	177	96	1,011	615
2021-11-10	$52.59	$50.00	29.3%	8.4%	26.5%	1.1%	30.4%	6.5%	10.8%	21.3K	-1.0M	-3.2K	0.75	92.58	177	132	1,011	618
2021-11-11	$53.65	$50.00	36.1%	10.3%	27.1%	7.0%	31.3%	0.3%	4.5%	-4.3K	-1.2M	-3.1K	0.58	90.02	176	102	1,011	683
2021-11-12	$54.64	$50.00	33.6%	9.6%	26.9%	4.9%	33.5%	4.3%	5.2%	6.0K	-1.5M	-3.1K	0.60	88.36	177	107	1,010	714
2021-11-15	$55.31	$50.00	30.6%	8.8%	26.7%	2.3%	32.8%	4.8%	6.8%	-271	-1.8M	-2.6K	0.55	87.70	195	107	1,010	717
2021-11-16	$54.68	$50.00	30.1%	8.6%	26.3%	1.8%	30.4%	0.6%	8.9%	-5.0K	-1.7M	-2.6K	0.59	95.83	185	108	1,029	716
2021-11-17	$53.95	$50.00	30.1%	8.6%	26.4%	1.8%	29.8%	2.4%	8.7%	-11.5K	-1.5M	-2.8K	0.59	95.24	185	108	1,040	716
2021-11-18	$53.71	$50.00	30.9%	8.9%	26.5%	2.5%	29.4%	3.9%	1.4%	-23.4K	-1.3M	-2.8K	0.63	97.99	182	114	1,040	716
2021-11-19	$53.30	$53.33	33.0%	9.5%	26.5%	4.4%	32.5%	5.5%	-1.1%	-194.9K	-1.2M	-2.4K	1.01	93.11	198	200	1,037	725
2021-11-22	$55.33	$53.33	25.7%	7.4%	29.4%	0.0%	30.4%	3.8%	7.9%	-13.5K	-304.2K	-3.0K	0.79	92.78	212	167	227	264
2021-11-23	$54.80	$53.33	30.1%	8.6%	29.2%	3.8%	29.1%	6.5%	1.5%	1.5K	-466.9K	-3.9K	0.70	91.27	210	147	333	266
2021-11-24	$55.27	$53.33	28.2%	8.1%	29.0%	2.2%	33.9%	6.6%	5.0%	-4.7K	-410.0K	-4.0K	0.73	90.09	213	156	335	306
2021-11-26	$53.14	$53.33	36.9%	10.6%	31.5%	9.6%	37.5%	4.4%	5.1%	-19.6K	-84.9K	-4.3K	0.68	94.13	213	144	341	336
2021-11-29	$53.33	$53.33	35.1%	10.1%	30.1%	8.0%	36.6%	4.9%	5.1%	-24.3K	-87.8K	-4.2K	0.61	94.86	230	141	341	354
2021-11-30	$53.50	$53.33	36.9%	10.6%	27.4%	9.6%	33.7%	2.5%	-1.5%	-21.7K	-119.8K	-4.4K	0.74	101.38	230	170	360	359