PATK Options History — November 2023

In November 2023, PATK traded between $50.71 and $56.75. ATM implied volatility averaged 30.6%, placing in the 8.0% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded below realized volatility by 1.5% (HV 20d: 32.1%). Max pain ranged from $50.00 to $53.33. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 2.22.

Notable Days

  • 2023-11-21: Highest Volume — 131 contracts
  • 2023-11-21: Largest IV spike — 40.3% change
  • 2023-11-06: Highest IV Rank — 18.1%
  • 2023-11-01: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.28$50.71$56.75$51.30$54.50
Max Pain$53.17$50.00$53.33$50.00$53.33
ATM IV30.6%24.7%38.1%37.3%33.8%
Expected Move8.8%7.1%10.7%10.7%9.7%
HV 20d32.1%29.2%35.4%29.6%32.8%
HV 60d31.7%29.3%33.5%29.7%29.3%
IV Rank8.0%0.0%18.1%17.0%12.2%
IV Percentile9.4%0.4%25.4%21.8%19.8%
Term Structure0.7%-13.4%9.4%-1.4%-1.5%
VWIV32.2%20.1%41.3%34.7%31.1%
Skew 25d3.6%-6.8%16.7%16.7%16.7%
Skew 10d8.9%-14.0%32.0%28.8%-14.0%
Call IV 25d31.2%17.3%41.5%25.9%25.2%
Put IV 25d34.7%27.5%50.4%42.6%41.9%
Bid-Ask Spread %94.2187.67107.63107.6394.14
Gamma HHI0.210.160.420.250.20
Net GEX-61.2K-136.5K117.2K-94.6K-80.2K
Net DEX1.0M49.4K2.1M1.7M1.2M
Net VEX-17.2K-18.3K-15.6K-17.5K-18.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.220.009.251.502.00
Total Volume280131155
Total OI2,153.4761,9192,3132,0712,117

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-11-01$51.30$50.0037.3%10.7%29.6%17.0%34.7%16.7%-1.4%-94.6K1.7M-17.5K1.50107.63695211,550
2023-11-02$52.71$53.3336.3%9.5%29.2%15.7%0.0%2.8%0.6%-75.5K1.3M-17.6K7.3389.235335131,572
2023-11-03$54.17$53.3329.2%9.3%30.0%6.0%31.1%-3.3%-0.8%-59.9K778.6K-17.0K1.8287.8517305181,605
2023-11-06$52.92$53.3338.1%9.2%31.6%18.1%0.0%14.2%3.2%-89.7K1.4M-17.6K0.0087.67305341,635
2023-11-07$52.50$53.3328.4%9.8%30.8%5.0%31.6%7.2%-2.0%-85.4K1.4M-18.2K2.1092.0115325371,635
2023-11-08$51.72$53.3334.8%10.0%31.4%13.7%0.0%5.4%-5.2%-105.8K1.9M-17.8K0.0090.26025331,682
2023-11-09$50.71$53.3328.7%8.2%29.9%5.5%0.0%-0.1%9.4%-136.5K2.1M-17.6K0.0099.82005331,682
2023-11-10$52.19$53.3330.4%8.7%31.2%7.7%0.0%8.9%4.3%-88.8K1.6M-17.6K1.67100.68585331,682
2023-11-13$52.21$53.3329.8%8.6%30.1%6.9%40.5%6.0%1.6%-106.4K1.7M-17.3K0.5090.60325371,686
2023-11-14$55.37$53.3333.3%9.5%35.4%11.6%27.9%2.3%2.4%-42.1K413.4K-15.6K9.2591.766565371,688
2023-11-15$55.93$53.3325.6%7.3%35.2%1.3%20.1%13.9%8.2%-28.5K325.2K-16.2K0.6394.8529185391,730
2023-11-16$55.58$53.3328.2%8.1%33.3%4.8%0.0%-5.9%-2.5%-19.0K451.1K-16.6K0.0094.17905671,746
2023-11-17$56.52$53.3328.4%8.1%33.5%5.0%34.8%-3.0%0.9%117.2K49.4K-15.7K0.3993.1742175661,746
2023-11-20$56.75$53.3326.3%7.5%32.7%2.1%28.8%-6.8%4.3%-34.8K516.5K-15.6K1.7194.5632543901,529
2023-11-21$55.95$53.3336.9%10.6%33.3%16.4%41.3%0.2%-13.4%-58.6K824.0K-17.0K2.0092.2744874081,583
2023-11-22$55.99$53.3330.4%8.7%32.9%7.7%31.1%2.9%-5.1%-65.5K820.4K-18.3K0.0091.440154461,665
2023-11-24$56.44$53.3324.7%7.1%32.8%0.0%0.0%-1.2%4.0%-47.6K520.8K-17.4K0.0088.90004401,679
2023-11-27$56.48$53.3326.5%7.6%32.5%2.4%0.0%-4.2%7.3%-46.1K591.4K-17.7K0.0099.87024401,679
2023-11-28$55.23$53.3326.8%7.7%33.4%2.8%0.0%-0.1%1.0%-64.9K904.7K-17.8K0.0096.80004401,680
2023-11-29$54.68$53.3329.6%8.5%33.4%6.6%0.0%2.1%0.7%-72.5K1.1M-17.5K0.00100.64024401,680
2023-11-30$54.50$53.3333.8%9.7%32.8%12.2%0.0%16.7%-1.5%-80.2K1.2M-18.0K0.0094.14054401,677