PATK Options History — May 2023

In May 2023, PATK traded between $42.87 and $47.06. ATM implied volatility averaged 45.8%, placing in the 21.3% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded above realized volatility by 7.6% (HV 20d: 38.2%). Max pain ranged from $43.33 to $46.67. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 2.18.

Notable Days

  • 2023-05-11: Highest Volume — 231 contracts
  • 2023-05-03: Largest IV drop — 13.7% change
  • 2023-05-02: Highest IV Rank — 39.4%
  • 2023-05-02: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.71$42.87$47.06$45.93$43.73
Max Pain$44.39$43.33$46.67$46.67$43.33
ATM IV45.8%40.0%58.0%51.2%46.4%
Expected Move12.9%11.5%16.6%14.7%13.3%
HV 20d38.2%29.8%42.4%39.5%36.6%
HV 60d31.5%29.8%34.2%30.3%34.1%
IV Rank21.3%12.7%39.4%29.3%22.0%
IV Percentile39.3%11.1%87.7%63.9%46.4%
Term Structure-0.8%-12.7%9.1%-3.4%-2.6%
VWIV42.5%34.7%47.3%45.0%42.8%
Skew 25d4.6%-4.8%17.7%13.4%2.4%
Skew 10d8.8%-11.4%25.5%-11.4%1.8%
Call IV 25d41.2%32.1%51.4%32.5%45.7%
Put IV 25d45.8%39.6%51.3%45.9%48.1%
Bid-Ask Spread %94.2080.13104.2797.30104.27
Gamma HHI0.340.270.430.310.31
Net GEX-109.8K-167.6K-28.4K-99.4K-76.1K
Net DEX2.9M716.1K4.7M2.0M3.1M
Net VEX-21.8K-26.0K-18.1K-26.0K-18.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.180.009.005.002.88
Total Volume43023106
Total OI4,451.9553,7615,0304,5103,868

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-05-01$45.93$46.6751.2%14.7%39.5%29.3%0.0%13.4%-3.4%-99.4K2.0M-26.0K0.0097.30001,5322,978
2023-05-02$45.07$46.6758.0%16.6%40.1%39.4%45.0%-0.7%-12.7%-105.5K2.7M-25.0K0.0092.440171,5322,978
2023-05-03$44.33$46.6750.1%14.4%37.6%27.6%45.7%4.8%-7.6%-124.0K3.2M-23.7K5.00101.453151,5322,991
2023-05-04$42.97$46.6747.3%13.5%38.9%23.5%46.9%-0.4%2.9%-132.0K4.0M-22.4K0.2595.38621,5353,005
2023-05-05$44.35$46.6744.1%12.5%40.3%18.7%41.8%8.4%0.1%-144.7K3.5M-23.2K9.0085.48121081,5363,006
2023-05-08$43.80$46.6749.1%12.1%39.2%26.1%43.5%0.1%6.9%-146.7K3.8M-22.5K3.4296.7018621,5453,107
2023-05-09$43.44$46.6748.5%11.8%36.8%25.2%38.6%3.9%9.1%-166.5K4.3M-21.5K0.0586.643321,5603,132
2023-05-10$43.63$43.3346.8%13.4%36.9%22.7%39.4%8.6%0.5%-150.5K4.1M-21.8K0.0088.64901,5933,134
2023-05-11$43.35$43.3342.3%12.1%36.9%16.1%39.7%-4.8%6.8%-156.2K4.3M-21.3K1.6692.71871441,5953,134
2023-05-12$42.87$43.3343.5%12.5%37.0%17.8%42.7%1.1%1.1%-159.8K4.7M-22.0K0.0096.2301251,6823,273
2023-05-15$43.67$43.3347.0%13.5%37.6%23.0%44.7%8.3%-0.5%-167.6K3.9M-21.5K0.1091.074451,6823,291
2023-05-16$43.27$43.3347.1%13.5%37.7%23.2%47.3%8.8%-0.2%-164.4K4.4M-20.4K0.0098.530121,7253,291
2023-05-17$45.61$43.3345.0%12.9%42.0%20.0%0.0%5.1%1.5%-160.2K2.2M-22.8K0.4495.821461,7253,294
2023-05-18$46.33$43.3341.7%12.0%42.4%15.2%45.3%12.4%-4.0%-150.6K1.7M-22.1K1.2080.1315181,7253,293
2023-05-19$45.88$43.3340.0%11.5%42.4%12.7%40.7%3.4%0.7%-35.8K2.1M-22.7K0.0088.920271,7403,290
2023-05-22$45.87$43.3341.8%12.0%42.4%15.3%44.4%-0.6%1.3%-42.3K1.7M-20.9K0.0091.91031,5362,225
2023-05-23$46.04$43.3341.5%11.9%41.7%14.9%41.1%-1.1%-2.4%-47.4K1.6M-20.9K0.0097.48021,5362,226
2023-05-24$45.76$43.3340.2%11.5%37.6%12.9%0.0%1.6%0.1%-40.1K1.7M-20.8K0.0098.64001,5362,228
2023-05-25$46.17$43.3342.8%12.3%29.8%16.8%34.7%4.6%-1.2%-55.6K1.6M-20.1K0.0097.800111,5362,228
2023-05-26$47.06$43.3347.8%13.7%30.5%24.2%46.3%17.7%-12.5%-28.4K716.1K-20.7K2.8896.0212351,5362,237
2023-05-30$44.51$43.3346.0%13.2%36.6%21.6%37.0%4.9%-0.7%-62.3K2.5M-19.9K0.0098.950931,5442,271
2023-05-31$43.73$43.3346.4%13.3%36.6%22.0%42.8%2.4%-2.6%-76.1K3.1M-18.1K0.00104.27061,5442,324