PATK Options History — February 2023

In February 2023, PATK traded between $47.72 and $51.35. ATM implied volatility averaged 43.5%, placing in the 18.3% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded above realized volatility by 14.7% (HV 20d: 28.8%). Max pain ranged from $43.33 to $50.00. Net GEX was positive for 6 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 3.81.

Notable Days

  • 2023-02-01: Highest Volume — 1,375 contracts
  • 2023-02-28: Largest IV spike — 35.0% change
  • 2023-02-28: Highest IV Rank — 37.7%
  • 2023-02-28: Largest Expected Move — 15.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.31$47.72$51.35$48.63$48.43
Max Pain$48.60$43.33$50.00$43.33$50.00
ATM IV43.5%36.9%53.3%44.7%53.3%
Expected Move12.3%10.6%15.3%12.8%15.3%
HV 20d28.8%26.0%30.8%26.7%29.7%
HV 60d33.6%31.2%39.8%39.0%31.5%
IV Rank18.3%5.2%37.7%20.7%37.7%
IV Percentile21.2%2.0%70.2%21.8%70.2%
Term Structure1.9%-14.4%15.6%-0.9%-14.4%
VWIV44.1%31.3%52.5%48.5%31.9%
Skew 25d9.8%2.7%24.2%8.6%10.3%
Skew 10d16.0%-8.6%36.2%29.1%14.0%
Call IV 25d34.6%23.9%44.5%42.0%44.5%
Put IV 25d44.5%34.7%54.7%50.6%54.7%
Bid-Ask Spread %97.1985.67106.7689.09106.76
Gamma HHI0.210.170.290.200.22
Net GEX-19.1K-60.9K94.0K21.5K-47.1K
Net DEX525.0K-1.1M1.4M-538.3K1.4M
Net VEX-24.8K-27.2K-5.9K-5.9K-24.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.810.0032.001.220.00
Total Volume122.36801,3751,3753
Total OI4,654.2632,7805,8123,7812,866

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-02-01$48.63$43.3344.7%12.8%26.7%20.7%48.5%8.6%-0.9%21.5K-538.3K-5.9K1.2289.096207551,1602,621
2023-02-02$50.17$46.6746.0%12.1%26.5%23.3%0.0%10.8%-1.2%28.2K-356.8K-23.2K32.0085.6782401,7753,375
2023-02-03$51.35$46.6745.3%11.9%26.0%21.8%50.3%4.6%2.3%94.0K-1.1M-26.9K8.6990.46201701,7753,609
2023-02-06$49.97$46.6742.7%12.1%28.5%16.8%52.5%7.3%-0.2%18.1K-19.1K-26.6K0.0092.43081,7883,773
2023-02-07$49.80$46.6752.6%13.2%28.7%36.2%51.2%13.3%-6.2%26.5K-36.6K-27.2K5.3890.5612651,7883,777
2023-02-08$48.96$46.6744.5%12.8%29.8%20.2%0.0%9.1%0.2%-7.8K614.1K-27.1K0.8091.17861,7873,854
2023-02-09$48.65$46.6743.3%12.4%30.1%17.8%46.4%4.8%4.8%-60.9K909.4K-25.7K3.9293.1920771,7943,854
2023-02-10$49.59$50.0042.6%12.2%30.5%16.5%46.1%9.1%6.6%-38.0K593.9K-27.0K3.3394.5823751,8113,930
2023-02-13$50.55$50.0042.0%12.0%30.8%15.3%0.0%10.0%3.1%-23.7K152.9K-26.8K0.1393.482331,8233,947
2023-02-14$50.15$50.0039.2%11.2%29.9%9.8%34.8%2.7%6.2%-46.6K282.7K-26.0K0.00102.51801,8423,944
2023-02-15$50.01$50.0041.3%11.8%26.9%13.9%31.3%8.0%5.8%-54.1K360.4K-26.1K0.05101.123021,8503,944
2023-02-16$49.96$50.0041.9%12.0%27.1%15.2%0.0%11.8%-6.9%8.7K253.2K-26.4K0.0097.832101,8683,944
2023-02-17$49.46$50.0045.7%13.1%27.1%22.6%40.7%6.6%-6.7%-39.7K919.3K-26.1K1.3396.86561,7693,944
2023-02-21$47.72$50.0043.8%12.6%29.9%18.9%51.8%12.9%3.2%-49.8K1.4M-24.8K0.23101.8145118691,911
2023-02-22$48.19$50.0040.3%11.6%29.8%11.9%0.0%24.2%14.3%-44.0K1.2M-25.5K0.00103.620159181,928
2023-02-23$48.51$50.0036.9%10.6%29.8%5.2%31.9%6.5%5.4%-52.6K1.3M-25.4K0.11105.781429181,943
2023-02-24$48.18$50.0040.9%11.7%30.0%13.2%0.0%15.7%15.6%-46.4K1.3M-25.4K0.00105.210309231,943
2023-02-27$48.54$50.0039.5%11.3%29.7%10.4%0.0%10.6%5.4%-49.6K1.2M-25.1K0.00104.39009231,943
2023-02-28$48.43$50.0053.3%15.3%29.7%37.7%0.0%10.3%-14.4%-47.1K1.4M-24.1K0.00106.76309231,943