PATK Options History — May 2024

In May 2024, PATK traded between $69.78 and $77.43. ATM implied volatility averaged 33.4%, placing in the 27.8% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 3.7% (HV 20d: 29.7%). Max pain ranged from $70.00 to $76.67. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 8.35.

Notable Days

  • 2024-05-01: Highest Volume — 143 contracts
  • 2024-05-14: Largest IV spike — 78.1% change
  • 2024-05-14: Highest IV Rank — 83.0%
  • 2024-05-01: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$74.97$69.78$77.43$69.78$76.22
Max Pain$75.45$70.00$76.67$70.00$76.67
ATM IV33.4%23.2%58.3%50.8%33.4%
Expected Move9.4%7.7%14.6%14.6%9.6%
HV 20d29.7%20.9%34.4%29.2%20.9%
HV 60d29.1%26.2%32.1%30.4%26.2%
IV Rank27.8%5.4%83.0%66.5%27.9%
IV Percentile32.8%1.2%99.2%95.6%40.1%
Term Structure-0.1%-14.1%4.2%-14.1%-0.9%
VWIV34.2%27.0%50.2%50.2%31.8%
Skew 25d1.4%-10.1%12.9%12.9%-1.9%
Skew 10d1.7%-15.5%15.5%5.2%-4.4%
Call IV 25d31.3%25.4%48.8%48.8%33.9%
Put IV 25d32.7%24.2%61.7%61.7%32.0%
Bid-Ask Spread %103.5194.42110.14102.16108.14
Gamma HHI0.180.120.250.180.15
Net GEX-48.6K-90.4K-18.6K-90.4K-46.2K
Net DEX-822.6K-2.2M564.2K564.2K163.2K
Net VEX-12.5K-16.2K-10.3K-16.2K-12.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.350.0071.0071.001.50
Total Volume30.86401431438
Total OI2,365.8641,5632,8762,6211,808

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$69.78$70.0050.8%14.6%29.2%66.5%50.2%12.9%-14.1%-90.4K564.2K-16.2K0.00102.1601437011,920
2024-05-02$73.53$70.0039.0%11.2%34.2%40.3%41.6%8.9%-0.4%-79.3K-811.3K-14.8K71.00103.1121077011,992
2024-05-03$74.23$70.0034.9%10.0%33.9%31.2%0.0%4.4%3.0%-75.8K-1.2M-14.2K0.00105.230186992,088
2024-05-06$74.82$70.0031.4%10.4%34.1%23.4%32.9%5.9%-1.0%-68.2K-1.4M-13.2K23.00100.232356992,106
2024-05-07$75.86$76.6723.2%8.6%34.4%5.4%30.0%-3.4%4.2%-51.4K-1.7M-12.6K6.7594.426417012,138
2024-05-08$76.37$76.6732.3%9.3%30.0%25.4%0.0%8.6%-1.7%-52.9K-1.8M-13.1K0.5095.33326982,177
2024-05-09$76.38$76.6725.9%9.1%30.0%11.2%0.0%9.3%0.8%-45.4K-1.9M-12.0K0.0096.39026962,177
2024-05-10$76.48$76.6731.6%9.0%28.8%23.8%0.0%2.2%3.4%-32.1K-1.9M-12.2K0.0098.56006902,178
2024-05-13$75.51$76.6732.7%8.3%29.0%26.4%0.0%-4.8%1.9%-66.3K-1.5M-12.4K0.0096.99026902,178
2024-05-14$77.43$76.6758.3%8.8%29.8%83.0%33.3%4.2%1.7%-42.0K-2.2M-11.9K0.0799.502126902,169
2024-05-15$76.33$76.6731.6%9.1%30.1%24.0%0.0%0.3%1.0%-37.5K-1.9M-10.9K0.0698.922626922,171
2024-05-16$75.03$76.6732.5%9.3%30.5%25.8%0.0%-2.9%0.2%-67.3K-1.4M-11.5K0.00105.52027022,172
2024-05-17$74.13$76.6729.6%8.5%31.0%19.5%31.1%2.2%0.1%-30.7K-1.4M-11.3K4.29104.7611457022,174
2024-05-20$75.51$76.6729.8%8.6%30.1%20.0%27.0%-0.5%0.4%-24.6K-382.4K-10.3K0.57108.991162851,278
2024-05-21$74.72$76.6729.3%8.4%29.5%18.8%28.0%1.0%-1.5%-25.5K-272.7K-11.1K0.00106.974102961,284
2024-05-22$73.62$76.6726.7%7.7%29.1%13.1%0.0%-1.4%2.1%-18.6K-247.8K-11.0K0.00108.23003321,284
2024-05-23$73.71$76.6736.5%10.5%27.9%34.8%36.5%-2.2%-3.5%-20.1K-237.1K-11.2K0.00109.1401233321,284
2024-05-24$74.87$76.6729.6%8.5%28.2%19.5%0.0%-2.8%0.5%-43.8K229.0K-13.0K0.00108.17023321,434
2024-05-28$75.33$76.6731.7%9.1%27.8%24.1%0.0%2.4%0.6%-49.3K273.4K-13.1K0.00110.14203321,466
2024-05-29$74.24$76.6729.7%8.5%27.1%19.8%0.0%-2.3%3.0%-51.8K458.9K-13.1K0.00108.09303331,466
2024-05-30$75.30$76.6733.3%9.5%27.4%27.6%31.8%-10.1%-2.8%-50.4K342.7K-13.5K0.75108.22653361,466
2024-05-31$76.22$76.6733.4%9.6%20.9%27.9%0.0%-1.9%-0.9%-46.2K163.2K-12.5K1.50108.14353391,469