SNDK Options History — October 2007

In October 2007, SNDK traded between $40.12 and $55.08. ATM implied volatility averaged 56.9%, placing in the 62.5% IV rank vs the trailing year. The 30-day expected move averaged 15.2%. IV traded above realized volatility by 4.9% (HV 20d: 51.9%). Max pain ranged from $45.00 to $52.50. Net GEX was positive for 21 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.62.

Notable Days

  • 2007-10-19: Highest Volume — 196,744 contracts
  • 2007-10-11: Largest IV drop — 29.4% change
  • 2007-10-05: Highest IV Rank — 100.0%
  • 2007-10-15: Largest Expected Move — 18.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.82$40.12$55.08$55.08$44.40
Max Pain$49.35$45.00$52.50$50.00$45.00
ATM IV56.9%39.5%81.3%52.4%39.5%
Expected Move15.2%11.3%18.7%15.0%11.3%
HV 20d51.9%34.6%75.2%43.4%75.2%
HV 60d46.1%39.2%55.2%41.2%55.2%
IV Rank62.5%26.6%100.0%67.8%26.6%
IV Percentile87.0%53.1%100.0%90.9%53.1%
Term Structure-5.2%-12.2%3.6%-6.5%3.6%
VWIV53.8%41.0%66.3%52.5%41.0%
Skew 25d0.3%-3.2%4.7%2.8%0.1%
Skew 10d0.5%-5.9%8.2%5.8%0.7%
Call IV 25d53.7%41.1%67.2%51.2%41.1%
Put IV 25d54.1%41.2%64.2%54.0%41.2%
Bid-Ask Spread %8.255.0210.835.199.72
Gamma HHI0.170.110.610.230.12
Net GEX3.6M-22.9M13.0M8.3M4.7M
Net DEX-142.5M-604.6M499.5M-604.6M-59.2M
Net VEX-4.4M-4.9M-3.7M-4.7M-4.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.271.740.570.44
Total Volume62,148.47814,690196,74414,69031,650
Total OI676,459.435585,914850,709610,130680,144

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-10-01$55.08$50.0052.4%15.0%43.4%67.8%52.5%2.8%-6.5%8.3M-604.6M-4.7M0.575.19N/AN/A9,3835,307345,962264,168
2007-10-02$55.04$50.0054.3%15.6%41.2%72.4%54.6%4.7%-7.6%8.1M-603.8M-4.7M0.615.02N/AN/A9,5345,857346,428265,736
2007-10-03$53.36$50.0059.2%17.0%40.3%84.3%58.6%2.9%-10.3%6.3M-461.6M-4.7M0.787.36N/AN/A15,06411,807350,604268,299
2007-10-04$53.19$50.0061.9%17.8%40.3%90.8%61.2%3.9%-12.2%6.4M-448.1M-4.7M1.745.76N/AN/A9,35216,281355,768270,564
2007-10-05$52.10$52.5067.6%14.7%36.6%100.0%51.0%3.4%-4.5%5.5M-366.9M-4.7M0.529.58N/AN/A26,00813,393357,539268,716
2007-10-08$52.97$52.5075.4%15.5%36.7%100.0%54.2%3.4%-6.3%7.2M-456.8M-4.7M0.428.82N/AN/A20,3338,481369,854274,372
2007-10-09$51.24$52.5079.1%16.0%38.2%100.0%55.3%1.8%-5.6%5.7M-320.9M-4.6M0.298.25N/AN/A39,19511,396376,506274,317
2007-10-10$51.68$52.5081.3%16.6%34.6%100.0%57.8%0.7%-7.5%6.2M-349.9M-4.6M0.896.65N/AN/A18,76616,614378,300277,103
2007-10-11$48.70$52.5057.4%16.5%38.7%58.1%58.0%-0.9%-6.5%2.2M-73.8M-4.4M0.728.28N/AN/A51,18836,785381,088285,606
2007-10-12$47.40$52.5061.5%17.6%38.4%65.2%63.3%-3.2%-9.6%1.1M31.7M-4.4M0.289.67N/AN/A104,77529,165398,068297,414
2007-10-15$48.32$52.5065.3%18.7%38.8%72.0%66.3%-3.0%-12.2%5.6M-113.3M-4.7M0.377.60N/AN/A39,00814,262444,491305,072
2007-10-16$47.00$50.0064.5%18.5%36.6%70.5%65.8%-2.9%-11.1%5.6M-29.7M-4.6M0.277.61N/AN/A68,45218,438462,623305,911
2007-10-17$49.07$50.0062.4%17.9%40.0%66.8%63.2%-0.4%-12.0%11.1M-265.2M-4.8M0.656.99N/AN/A40,68426,254488,704313,400
2007-10-18$50.31$50.0061.8%17.7%41.1%65.8%61.1%1.1%-11.5%13.0M-402.1M-4.9M0.4410.05N/AN/A112,84949,772493,100323,135
2007-10-19$42.71$50.0050.7%14.5%70.2%46.3%52.1%-2.5%-2.3%-22.9M499.5M-3.7M1.038.77N/AN/A96,93299,812511,460339,249
2007-10-22$44.11$47.5044.8%12.8%71.4%35.9%46.0%-1.4%-1.2%886.5K82.7M-4.0M0.6310.83N/AN/A51,42532,594360,620225,294
2007-10-23$43.46$47.5042.1%12.1%71.2%31.2%43.3%0.5%0.9%811.7K100.4M-3.9M0.5810.44N/AN/A38,43822,334382,837226,620
2007-10-24$41.82$47.5044.8%12.9%70.8%36.0%46.4%-2.0%0.2%318.8K160.5M-3.8M0.949.19N/AN/A32,34930,452393,554232,277
2007-10-25$40.12$45.0047.3%13.6%70.2%40.3%49.1%-1.7%-0.7%-504.9K235.2M-3.7M0.628.09N/AN/A40,24625,025403,406241,978
2007-10-26$41.02$45.0045.7%13.1%71.1%37.6%46.8%-1.0%1.2%840.7K152.3M-4.0M0.399.37N/AN/A21,4258,290420,254246,277
2007-10-29$43.01$45.0044.8%12.8%74.4%35.8%45.4%0.5%1.5%2.5M39.3M-4.2M0.367.49N/AN/A28,22310,030422,710247,847
2007-10-30$43.76$45.0044.3%12.7%75.0%35.0%45.2%0.6%0.7%3.7M-22.3M-4.4M0.689.09N/AN/A18,89312,894429,031252,161
2007-10-31$44.40$45.0039.5%11.3%75.2%26.6%41.0%0.1%3.6%4.7M-59.2M-4.4M0.449.72N/AN/A21,9109,740429,789250,355