SNDK Options History — August 2007

In August 2007, SNDK traded between $51.62 and $57.42. ATM implied volatility averaged 42.0%, placing in the 42.6% IV rank vs the trailing year. The 30-day expected move averaged 12.1%. IV traded above realized volatility by 2.0% (HV 20d: 40.0%). Max pain ranged from $52.50 to $55.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 23 of 23 days. Put/call ratio averaged 0.88.

Notable Days

  • 2007-08-16: Highest Volume — 83,322 contracts
  • 2007-08-17: Largest IV drop — 19.6% change
  • 2007-08-16: Highest IV Rank — 70.7%
  • 2007-08-16: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.14$51.62$57.42$53.19$56.06
Max Pain$53.70$52.50$55.00$52.50$55.00
ATM IV42.0%34.6%53.6%43.1%34.6%
Expected Move12.1%9.9%15.4%12.4%9.9%
HV 20d40.0%35.5%42.6%41.5%40.7%
HV 60d34.9%32.4%37.2%32.9%37.2%
IV Rank42.6%24.9%70.7%45.4%24.9%
IV Percentile72.9%51.5%90.4%78.6%51.5%
Term Structure6.2%0.5%9.5%0.9%7.1%
VWIV42.3%34.7%53.8%44.2%34.7%
Skew 25d2.8%-1.1%6.6%2.6%3.9%
Skew 10d5.1%-2.6%11.1%2.6%4.8%
Call IV 25d41.0%32.2%50.9%42.4%32.2%
Put IV 25d43.8%36.1%57.4%45.0%36.1%
Bid-Ask Spread %11.667.3015.577.917.71
Gamma HHI0.180.120.260.170.15
Net GEX6.1M-1.3M13.8M4.8M7.3M
Net DEX-573.2M-925.3M-328.5M-529.6M-657.6M
Net VEX-5.1M-5.3M-4.9M-5.3M-5.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.251.801.511.25
Total Volume33,869.39114,68983,32276,83441,343
Total OI605,194.261533,178669,274608,699594,595

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-08-01$53.19$52.5043.1%12.4%41.5%45.4%44.2%2.6%0.9%4.8M-529.6M-5.3M1.517.91N/AN/A30,58746,247353,351255,348
2007-08-02$52.77$52.5044.0%12.6%41.7%47.4%44.5%-0.3%0.5%5.2M-501.8M-5.3M0.509.18N/AN/A12,7706,361358,894259,085
2007-08-03$53.43$52.5042.5%12.2%41.3%43.9%42.8%-1.1%0.9%6.6M-582.0M-5.3M0.5411.97N/AN/A21,56711,573360,803259,274
2007-08-06$53.78$55.0043.1%12.4%39.0%45.4%43.2%2.0%6.7%6.3M-589.9M-5.2M0.7211.40N/AN/A8,5486,141362,415262,757
2007-08-07$53.56$55.0041.2%12.2%39.0%40.6%42.4%1.0%4.5%5.9M-577.7M-5.1M0.7915.03N/AN/A14,45711,443361,191264,410
2007-08-08$55.28$55.0037.5%11.3%40.4%31.7%39.7%1.5%5.8%9.5M-739.8M-5.0M0.8912.35N/AN/A25,27422,601360,688264,729
2007-08-09$56.46$55.0040.7%12.3%36.7%39.5%43.0%1.7%4.7%11.1M-847.2M-5.1M0.6512.52N/AN/A17,19311,196361,121269,717
2007-08-10$57.13$55.0046.0%12.8%36.8%52.2%44.6%1.1%3.4%12.3M-913.6M-5.1M0.4813.09N/AN/A25,11312,174361,641273,510
2007-08-13$57.42$55.0043.2%12.8%36.5%45.6%45.2%2.5%5.5%13.8M-925.3M-5.1M0.7513.36N/AN/A10,5897,971366,210276,298
2007-08-14$55.34$55.0045.6%12.8%35.5%51.2%44.7%1.6%6.2%7.2M-721.7M-5.1M0.8413.96N/AN/A16,51313,802364,965279,327
2007-08-15$52.64$55.0051.0%14.0%39.3%64.5%48.6%3.7%6.0%1.2M-444.5M-5.1M1.3313.37N/AN/A20,56127,351366,762279,594
2007-08-16$51.62$55.0053.6%15.4%39.2%70.7%53.8%6.6%7.4%-1.3M-332.4M-5.1M0.9114.00N/AN/A43,73539,587368,520287,563
2007-08-17$53.67$55.0043.1%12.3%41.4%45.2%43.8%3.8%9.1%3.8M-554.4M-5.2M0.6014.22N/AN/A31,99019,351376,980292,294
2007-08-20$54.68$52.5043.4%12.5%42.1%46.1%42.8%3.5%9.1%5.3M-542.4M-5.1M0.2511.12N/AN/A25,6366,362299,704233,474
2007-08-21$54.19$52.5041.8%12.0%42.2%42.2%43.3%5.0%8.2%6.6M-536.0M-5.2M1.8012.75N/AN/A9,83917,754315,401233,540
2007-08-22$54.70$52.5037.9%10.9%42.0%32.8%37.7%4.0%9.5%6.7M-558.8M-5.1M1.189.38N/AN/A14,95017,585313,892241,838
2007-08-23$53.12$52.5039.8%11.4%42.6%37.3%39.8%4.0%7.4%5.2M-437.8M-5.1M1.268.87N/AN/A8,35910,521319,947247,220
2007-08-24$54.00$52.5036.2%10.4%41.8%28.7%37.9%4.3%8.7%5.6M-492.8M-5.0M0.9710.78N/AN/A9,0088,764317,185248,572
2007-08-27$51.86$52.5040.5%11.6%42.2%39.1%40.5%2.8%8.3%2.7M-328.5M-4.9M0.267.30N/AN/A15,3193,964318,265251,906
2007-08-28$52.03$52.5042.2%12.1%38.1%43.2%41.9%3.4%7.7%3.6M-361.2M-5.0M0.9913.16N/AN/A12,03411,891320,664250,372
2007-08-29$53.54$52.5038.1%10.9%39.5%33.3%37.3%4.7%6.8%4.6M-461.1M-5.0M0.9015.57N/AN/A11,30810,148323,092255,330
2007-08-30$54.66$52.5036.8%10.5%40.0%30.0%37.0%2.9%8.0%5.7M-546.8M-5.0M0.899.30N/AN/A15,61413,902326,175260,849
2007-08-31$56.06$55.0034.6%9.9%40.7%24.9%34.7%3.9%7.1%7.3M-657.6M-5.0M1.257.71N/AN/A18,35822,985328,766265,829