SNDK Options History — June 2008

In June 2008, SNDK traded between $18.70 and $28.85. ATM implied volatility averaged 53.8%, placing in the 40.8% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded above realized volatility by 4.3% (HV 20d: 49.4%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.54.

Notable Days

  • 2008-06-20: Highest Volume — 89,133 contracts
  • 2008-06-30: Largest IV spike — 10.3% change
  • 2008-06-30: Highest IV Rank — 51.9%
  • 2008-06-30: Largest Expected Move — 18.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.85$18.70$28.85$27.34$18.70
Max Pain$27.26$25.00$30.00$30.00$25.00
ATM IV53.8%46.3%62.8%47.6%62.8%
Expected Move15.4%13.3%18.0%13.6%18.0%
HV 20d49.4%39.6%54.5%45.2%53.2%
HV 60d57.9%54.4%60.1%58.2%54.5%
IV Rank40.8%30.9%51.9%32.8%51.9%
IV Percentile73.2%48.8%89.3%56.7%89.3%
Term Structure4.3%0.9%8.4%5.1%5.3%
VWIV54.6%45.4%63.2%48.3%63.2%
Skew 25d1.7%-0.2%2.9%1.4%0.3%
Skew 10d2.9%-7.7%9.3%3.4%2.1%
Call IV 25d54.8%45.3%64.6%48.4%64.6%
Put IV 25d56.5%48.2%64.9%49.8%64.9%
Bid-Ask Spread %3.912.525.733.052.89
Gamma HHI0.120.100.150.140.12
Net GEX721.7K-182.1K2.7M1.5M-182.1K
Net DEX85.4M-71.4M166.1M5.4M166.1M
Net VEX-1.8M-2.3M-1.2M-2.1M-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.181.070.800.51
Total Volume26,638.76210,60389,13317,68520,159
Total OI513,994.048477,210546,692477,210545,085

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-06-02$27.34$30.0047.6%13.6%45.2%32.8%48.3%1.4%5.1%1.5M5.4M-2.1M0.803.05N/AN/A9,8337,852275,731201,479
2008-06-03$28.85$30.0046.9%13.5%48.9%31.9%48.0%2.3%5.8%2.7M-71.4M-2.3M0.683.98N/AN/A11,0497,475276,984200,551
2008-06-04$28.25$30.0047.5%13.6%49.4%32.7%47.4%2.5%8.4%2.4M-43.1M-2.3M0.584.04N/AN/A22,77213,232278,282200,365
2008-06-05$28.71$30.0046.3%13.3%49.6%30.9%45.4%2.9%1.1%2.7M-60.2M-2.3M1.074.70N/AN/A12,88213,760282,649205,262
2008-06-06$27.60$27.5048.5%14.3%51.4%34.2%50.2%2.2%4.2%1.9M-9.9M-2.2M0.795.73N/AN/A12,4009,847288,165210,404
2008-06-09$26.52$27.5051.6%14.6%53.1%38.8%52.1%2.8%4.0%843.7K44.8M-2.1M0.274.51N/AN/A30,2368,250287,539209,664
2008-06-10$25.50$27.5051.5%14.7%54.3%38.6%51.8%2.1%4.5%472.0K84.5M-2.0M0.705.72N/AN/A9,8776,928295,421210,443
2008-06-11$24.48$27.5051.8%15.1%52.1%39.0%53.4%2.2%3.6%54.9K111.4M-1.8M0.925.09N/AN/A18,07816,652297,947209,329
2008-06-12$23.68$27.5055.1%15.8%50.6%44.0%55.6%1.6%2.8%-137.7K134.2M-1.8M0.514.29N/AN/A14,4777,355302,976209,904
2008-06-13$24.02$27.5054.8%15.7%45.6%42.4%55.6%1.3%1.0%32.3K117.2M-1.8M0.185.04N/AN/A23,6434,282304,595208,869
2008-06-16$24.13$27.5054.7%15.7%46.1%42.3%55.3%1.7%1.0%714.1K102.9M-1.8M0.402.75N/AN/A7,6313,025317,320209,251
2008-06-17$23.71$27.5052.9%15.2%39.8%39.6%53.2%1.5%3.6%418.8K121.2M-1.7M0.304.41N/AN/A13,0813,954317,968208,411
2008-06-18$22.98$27.5053.9%15.5%39.6%41.1%54.8%1.2%2.7%190.0K127.5M-1.7M0.673.22N/AN/A6,3654,238325,361205,796
2008-06-19$23.44$27.5054.4%15.6%41.0%41.6%55.5%2.9%1.9%301.1K124.8M-1.7M0.395.18N/AN/A28,70911,185326,605205,905
2008-06-20$21.16$27.5059.1%17.0%52.3%48.0%59.8%1.8%0.9%-73.3K163.7M-1.5M0.403.47N/AN/A63,51425,619340,465206,227
2008-06-23$20.78$25.0058.8%16.8%52.3%47.4%59.9%0.3%4.9%199.9K133.2M-1.5M0.313.03N/AN/A29,2848,982312,868195,115
2008-06-24$20.85$25.0058.6%16.8%52.7%47.2%59.0%0.8%6.5%578.3K120.6M-1.5M0.702.52N/AN/A12,1798,548329,605194,849
2008-06-25$20.99$25.0055.9%16.0%52.9%42.8%57.4%1.4%7.4%569.7K121.1M-1.5M0.372.63N/AN/A9,5603,582333,181196,964
2008-06-26$19.93$25.0059.6%17.1%54.5%47.5%60.5%1.7%6.2%221.4K141.5M-1.4M0.392.78N/AN/A15,3765,996334,496198,674
2008-06-27$19.23$25.0056.9%16.3%53.4%42.8%59.7%-0.2%8.4%-80.8K158.4M-1.3M0.423.10N/AN/A12,3615,186334,496198,674
2008-06-30$18.70$25.0062.8%18.0%53.2%51.9%63.2%0.3%5.3%-182.1K166.1M-1.2M0.512.89N/AN/A13,3326,827344,909200,176