PATK Options History — February 2024

In February 2024, PATK traded between $67.25 and $79.93. ATM implied volatility averaged 35.9%, placing in the 19.3% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 6.6% (HV 20d: 29.3%). Max pain ranged from $66.67 to $73.33. Net GEX was positive for 4 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 7.39.

Notable Days

2024-02-20: Highest Volume — 625 contracts
2024-02-07: Largest IV drop — 17.3% change
2024-02-06: Highest IV Rank — 32.3%
2024-02-05: Largest Expected Move — 11.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$73.35	$67.25	$79.93	$67.89	$79.93
Max Pain	$71.17	$66.67	$73.33	$66.67	$73.33
ATM IV	35.9%	30.6%	46.1%	40.2%	31.5%
Expected Move	9.9%	8.8%	11.9%	10.0%	9.0%
HV 20d	29.3%	21.3%	33.9%	21.3%	30.6%
HV 60d	30.2%	28.6%	30.9%	30.2%	29.6%
IV Rank	19.3%	12.6%	32.3%	24.9%	13.7%
IV Percentile	37.4%	19.0%	82.1%	51.6%	23.0%
Term Structure	0.1%	-5.4%	5.2%	-0.6%	-0.4%
VWIV	38.1%	31.6%	43.1%	39.7%	34.1%
Skew 25d	4.2%	-2.7%	16.0%	5.0%	-2.6%
Skew 10d	10.0%	-8.1%	19.5%	16.7%	-8.1%
Call IV 25d	33.2%	23.3%	39.5%	33.5%	37.2%
Put IV 25d	37.5%	32.1%	43.2%	38.5%	34.6%
Bid-Ask Spread %	85.35	64.20	99.50	70.49	99.50
Gamma HHI	0.16	0.08	0.30	0.09	0.17
Net GEX	-50.0K	-149.4K	64.8K	4.6K	64.8K
Net DEX	-2.1M	-3.4M	-853.9K	-1.9M	-3.4M
Net VEX	-24.5K	-29.3K	-20.6K	-23.8K	-22.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	7.39	0.00	92.00	2.00	2.75
Total Volume	137.05	2	625	18	45
Total OI	3,919.45	3,155	4,737	3,566	3,743

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-02-01	$67.89	$66.67	40.2%	10.0%	21.3%	24.9%	39.7%	5.0%	-0.6%	4.6K	-1.9M	-23.8K	2.00	70.49	6	12	1,865	1,701
2024-02-02	$68.73	$66.67	44.3%	10.9%	21.5%	30.0%	40.6%	3.0%	-2.0%	17.2K	-2.3M	-24.4K	0.00	78.90	0	65	1,871	1,712
2024-02-05	$67.25	$66.67	45.4%	11.9%	23.3%	31.4%	0.0%	3.7%	-1.9%	-20.2K	-1.6M	-24.2K	0.00	82.09	2	0	1,871	1,776
2024-02-06	$68.11	$66.67	46.1%	10.4%	23.5%	32.3%	42.4%	3.9%	-0.7%	-33.3K	-1.9M	-22.9K	0.04	64.20	74	3	1,871	1,817
2024-02-07	$68.91	$66.67	38.1%	10.9%	23.7%	22.1%	39.0%	7.8%	-5.4%	-18.7K	-2.1M	-23.2K	2.13	88.81	69	147	1,944	1,817
2024-02-08	$70.57	$66.67	31.7%	9.1%	24.6%	13.9%	31.6%	6.0%	2.6%	-65.6K	-2.9M	-20.6K	12.86	79.54	21	270	2,003	1,947
2024-02-09	$73.92	$70.00	34.6%	9.9%	28.7%	17.6%	37.7%	16.0%	2.2%	6.5K	-3.4M	-25.4K	3.04	87.30	123	374	2,022	2,135
2024-02-12	$75.41	$73.33	35.5%	10.2%	27.9%	18.8%	38.2%	2.3%	1.4%	-37.9K	-3.2M	-24.8K	92.00	86.45	2	138	2,036	2,493
2024-02-13	$71.63	$73.33	36.0%	10.3%	33.9%	19.4%	38.1%	0.5%	-0.4%	-149.4K	-1.1M	-29.3K	0.69	86.21	83	57	2,036	2,631
2024-02-14	$72.94	$73.33	35.4%	10.1%	33.7%	18.7%	34.9%	5.2%	-1.0%	-108.0K	-1.9M	-27.8K	5.00	83.58	3	15	2,064	2,655
2024-02-15	$73.93	$73.33	36.5%	10.5%	33.3%	20.1%	0.0%	3.7%	-0.5%	-80.9K	-2.3M	-27.4K	0.33	85.60	219	72	2,067	2,670
2024-02-16	$74.10	$73.33	34.3%	9.8%	33.3%	17.3%	36.5%	5.1%	-2.4%	-81.0K	-965.8K	-26.3K	0.50	83.08	42	21	1,839	2,717
2024-02-20	$74.39	$73.33	36.4%	10.4%	32.4%	20.0%	39.0%	5.7%	-2.7%	-109.2K	-853.9K	-26.8K	0.02	86.12	614	11	1,143	2,012
2024-02-21	$74.65	$73.33	35.1%	10.1%	32.1%	18.3%	0.0%	2.9%	-0.5%	-101.8K	-1.1M	-24.3K	1.33	86.16	18	24	1,572	2,012
2024-02-22	$76.37	$73.33	30.6%	8.8%	32.5%	12.6%	0.0%	9.3%	0.5%	-81.0K	-1.6M	-24.7K	1.50	90.23	27	41	1,590	2,042
2024-02-23	$76.12	$73.33	32.0%	9.2%	32.6%	14.4%	0.0%	-2.7%	3.8%	-70.4K	-1.8M	-24.7K	0.00	86.31	0	30	1,592	2,076
2024-02-26	$76.59	$73.33	30.7%	8.8%	32.5%	12.7%	43.1%	-1.5%	3.3%	-63.9K	-2.0M	-22.4K	5.50	95.81	3	17	1,592	2,078
2024-02-27	$77.28	$73.33	32.4%	9.3%	32.4%	14.8%	0.0%	0.7%	1.6%	-51.7K	-2.2M	-22.8K	0.54	92.99	20	11	1,592	2,085
2024-02-28	$78.26	$73.33	31.2%	9.0%	31.4%	13.4%	0.0%	10.7%	5.2%	-20.6K	-2.7M	-22.0K	2.73	93.69	17	45	1,604	2,096
2024-02-29	$79.93	$73.33	31.5%	9.0%	30.6%	13.7%	34.1%	-2.6%	-0.4%	64.8K	-3.4M	-22.6K	2.75	99.50	12	33	1,602	2,141