PATK Options History — August 2023

In August 2023, PATK traded between $52.67 and $57.30. ATM implied volatility averaged 31.5%, placing in the 7.7% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 12.0% (HV 20d: 19.5%). Max pain ranged from $56.67 to $56.67. Net GEX was positive for 4 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 31.12.

Notable Days

  • 2023-08-21: Highest Volume — 734 contracts
  • 2023-08-04: Largest IV spike — 23.3% change
  • 2023-08-09: Highest IV Rank — 17.4%
  • 2023-08-09: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.00$52.67$57.30$57.30$55.87
Max Pain$56.67$56.67$56.67$56.67$56.67
ATM IV31.5%25.1%38.7%28.7%32.2%
Expected Move9.1%7.2%11.1%8.2%9.2%
HV 20d19.5%16.5%23.6%22.6%23.5%
HV 60d35.7%26.0%37.9%37.9%26.0%
IV Rank7.7%0.0%17.4%0.0%9.7%
IV Percentile3.3%0.0%10.7%0.0%6.0%
Term Structure3.8%-6.4%13.7%11.8%1.1%
VWIV37.9%21.3%65.0%65.0%31.9%
Skew 25d1.2%-15.4%25.9%2.9%-0.6%
Skew 10d2.7%-17.9%22.1%3.6%2.2%
Call IV 25d34.0%16.8%47.4%39.7%35.3%
Put IV 25d35.2%24.9%42.6%42.6%34.7%
Bid-Ask Spread %95.3773.57107.2073.57107.20
Gamma HHI0.560.290.920.360.41
Net GEX-279.0K-1.6M66.4K57.1K-60.5K
Net DEX1.0M-988.9K3.3M-988.9K94.2K
Net VEX-10.2K-13.3K-8.4K-9.9K-9.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio31.120.00488.001.434.00
Total Volume137.43507345138
Total OI3,531.0871,4665,2733,4512,313

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$57.30$56.6728.7%8.2%22.6%0.0%65.0%2.9%11.8%57.1K-988.9K-9.9K1.4373.5721301,1092,342
2023-08-02$56.97$56.6725.9%7.4%21.6%0.0%0.0%-15.4%12.0%66.4K-702.0K-9.5K0.0077.340231,1422,367
2023-08-03$56.37$56.6728.7%10.7%20.9%3.8%37.5%1.5%-1.0%-4.1K-153.3K-11.2K19.7391.21234441,1422,390
2023-08-04$56.65$56.6735.4%10.6%20.6%12.9%0.0%2.2%-1.1%25.5K-420.4K-11.5K0.0091.33901,1582,694
2023-08-07$56.39$56.6734.4%9.7%20.4%11.7%0.0%-2.2%3.8%10.2K-217.6K-10.4K0.0992.38228201,1642,694
2023-08-08$56.10$56.6736.6%10.7%18.7%14.6%0.0%6.5%-2.7%-70.3K166.7K-9.6K12.8295.30263271,3682,711
2023-08-09$55.42$56.6738.7%11.1%18.5%17.4%0.0%12.0%-2.1%-181.7K511.2K-10.2K0.0096.7604921,3943,033
2023-08-10$55.25$56.6734.8%10.0%18.2%12.1%0.0%-2.1%3.5%-332.6K2.1M-13.3K0.0095.92201,3943,525
2023-08-11$54.54$56.6730.0%8.6%18.7%5.6%0.0%4.3%8.1%-355.5K2.3M-12.8K0.0097.210301,3953,525
2023-08-14$54.87$56.6729.8%8.5%18.5%5.3%0.0%5.5%5.3%-468.3K1.8M-9.9K2.0095.61231,3953,555
2023-08-15$54.39$56.6732.3%9.2%18.6%8.7%32.5%-0.3%4.5%-697.1K2.1M-9.4K0.2084.91821,3943,558
2023-08-16$53.99$56.6729.7%8.5%17.8%5.1%0.0%1.7%3.0%-725.4K3.0M-9.0K0.0097.17001,3913,560
2023-08-17$52.67$56.6732.7%9.4%19.4%9.3%30.2%2.2%12.6%-754.2K3.3M-8.4K34.0090.02124081,3913,560
2023-08-18$53.65$56.6730.8%8.8%17.7%6.6%42.8%-1.8%3.6%-1.6M2.9M-8.9K1.4996.8062921,3973,876
2023-08-21$53.15$56.6731.0%8.9%17.3%6.9%29.8%-4.5%4.6%-94.2K882.8K-8.7K488.0098.282732558908
2023-08-22$53.45$56.6731.7%9.1%17.5%7.9%0.0%-3.8%0.2%-226.1K1.7M-11.1K2.0098.31235601,640
2023-08-23$54.27$56.6725.7%7.4%18.5%0.0%0.0%2.6%9.5%-178.0K1.5M-11.4K0.0499.314225611,643
2023-08-24$53.56$56.6725.1%7.2%18.9%0.0%0.0%-5.4%13.7%-269.3K1.1M-10.6K4.50103.533146031,644
2023-08-25$53.45$56.6730.2%8.6%16.5%6.9%21.3%4.4%0.2%-210.7K1.2M-11.5K21.00100.542326051,658
2023-08-28$53.88$56.6731.0%8.9%16.6%7.9%0.0%-1.2%4.7%-194.4K959.2K-10.7K0.00102.311106051,686
2023-08-29$56.32$56.6736.6%10.5%23.6%15.6%39.4%25.9%-6.4%-94.3K303.6K-9.8K0.00104.07606151,686
2023-08-30$56.40$56.6732.3%9.3%23.6%9.7%48.8%-7.5%-0.7%-63.5K96.0K-9.0K0.00104.42806201,686
2023-08-31$55.87$56.6732.2%9.2%23.5%9.7%31.9%-0.6%1.1%-60.5K94.2K-9.0K4.00107.208306271,686