PATK Options History — March 2023

In March 2023, PATK traded between $44.18 and $49.47. ATM implied volatility averaged 44.2%, placing in the 20.5% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded above realized volatility by 20.3% (HV 20d: 24.0%). Max pain ranged from $43.33 to $50.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 22 of 23 days. Put/call ratio averaged 10.56.

Notable Days

  • 2023-03-03: Highest Volume — 152 contracts
  • 2023-03-14: Largest IV spike — 79.5% change
  • 2023-03-14: Highest IV Rank — 100.0%
  • 2023-03-09: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.18$44.18$49.47$48.56$45.67
Max Pain$47.83$43.33$50.00$50.00$43.33
ATM IV44.2%31.5%98.9%31.5%42.3%
Expected Move11.9%9.0%13.9%9.0%12.1%
HV 20d24.0%21.4%27.2%27.2%26.5%
HV 60d29.1%26.9%32.2%30.8%27.3%
IV Rank20.5%0.0%100.0%0.0%16.1%
IV Percentile24.2%0.0%100.0%0.0%19.8%
Term Structure6.5%-4.3%16.2%4.8%5.5%
VWIV41.0%31.8%55.1%42.0%39.9%
Skew 25d9.2%1.2%19.0%9.3%10.1%
Skew 10d9.2%-10.6%32.9%3.3%32.9%
Call IV 25d38.0%30.3%44.4%31.5%38.3%
Put IV 25d47.3%36.3%60.1%40.8%48.4%
Bid-Ask Spread %98.4389.22105.74105.61100.57
Gamma HHI0.230.190.260.230.24
Net GEX-55.3K-72.6K-38.0K-55.0K-38.0K
Net DEX2.0M1.1M2.7M1.3M1.6M
Net VEX-23.0K-25.4K-20.6K-24.9K-21.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.560.00100.000.0020.00
Total Volume43.5652152532
Total OI3,0492,8673,1932,8673,136

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-03-01$48.56$50.0031.5%9.0%27.2%0.0%42.0%9.3%4.8%-55.0K1.3M-24.9K0.00105.61059241,943
2023-03-02$48.72$50.0040.2%11.5%25.9%16.2%0.0%1.2%1.9%-52.9K1.2M-24.7K0.0098.49209241,943
2023-03-03$49.47$50.0033.2%9.5%23.9%3.2%34.6%11.1%2.8%-55.2K1.1M-24.4K100.00105.7421509241,943
2023-03-06$48.55$50.0038.6%11.9%23.0%13.2%43.4%1.3%7.0%-68.8K1.6M-25.3K0.0097.180369262,093
2023-03-07$47.87$50.0051.3%13.3%21.5%37.1%47.2%11.9%3.0%-72.4K1.8M-25.4K4.0091.95269262,120
2023-03-08$48.11$50.0039.4%11.7%21.7%14.8%0.0%8.9%10.5%-72.6K1.9M-25.1K0.0089.22809272,124
2023-03-09$47.44$50.0040.4%13.9%21.4%16.6%0.0%14.2%-4.3%-69.9K1.9M-24.5K0.2693.5699269412,124
2023-03-10$46.14$50.0046.4%11.4%23.3%28.0%0.0%9.9%6.7%-45.6K2.3M-23.7K10.5098.976631,0402,124
2023-03-13$45.08$50.0055.1%12.1%22.9%44.2%0.0%19.0%4.4%-46.3K2.5M-22.9K25.00101.192381,0412,121
2023-03-14$45.36$50.0098.9%12.8%21.5%100.0%0.0%17.8%2.9%-54.5K2.3M-22.7K33.0099.493991,0412,087
2023-03-15$45.31$50.0047.2%13.5%21.6%23.3%55.1%10.4%2.9%-52.5K2.6M-23.5K0.00100.19081,0432,141
2023-03-16$46.45$50.0039.1%11.2%24.0%11.3%32.8%6.9%12.3%-40.4K2.1M-24.0K2.0098.85231,0442,145
2023-03-17$45.39$50.0035.8%10.3%24.9%6.4%32.1%3.0%12.2%-63.8K2.7M-22.6K0.00101.010961,0462,147
2023-03-20$45.26$50.0044.0%12.6%24.9%18.5%43.0%6.9%3.5%-62.7K2.3M-21.6K0.04101.274228971,991
2023-03-21$46.36$50.0039.1%11.2%23.9%11.2%31.8%4.0%8.9%-60.7K1.9M-23.0K0.0095.992609361,992
2023-03-22$45.63$46.6741.9%12.0%24.0%15.4%49.1%7.0%7.9%-57.0K2.1M-22.3K0.5995.6726159651,992
2023-03-23$44.52$43.3343.6%12.5%25.0%17.9%43.7%9.7%1.6%-61.4K2.5M-21.5K3.3396.199309902,007
2023-03-24$44.18$43.3338.7%11.1%25.0%10.7%34.9%5.2%16.2%-59.3K2.6M-20.6K1.5793.7035549962,028
2023-03-27$44.42$43.3343.0%12.3%24.9%17.2%42.7%18.5%8.4%-53.5K2.4M-21.2K0.0099.154801,0312,012
2023-03-28$44.56$43.3339.8%11.4%25.0%12.3%38.0%6.8%13.4%-45.5K2.2M-21.1K0.0094.111801,0792,012
2023-03-29$44.63$43.3342.5%12.2%25.0%16.4%40.9%10.6%8.9%-42.4K2.0M-21.7K0.00100.81201,1182,012
2023-03-30$44.41$43.3345.8%13.1%24.8%21.3%45.7%8.3%8.1%-40.5K2.2M-20.6K0.33105.09521,1192,012
2023-03-31$45.67$43.3342.3%12.1%26.5%16.1%39.9%10.1%5.5%-38.0K1.6M-21.6K20.00100.572301,1242,012