SNDK Options History — July 2008

In July 2008, SNDK traded between $13.35 and $18.72. ATM implied volatility averaged 68.2%, placing in the 57.8% IV rank vs the trailing year. The 30-day expected move averaged 19.8%. IV traded below realized volatility by 8.3% (HV 20d: 76.5%). Max pain ranged from $15.00 to $25.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.37.

Notable Days

  • 2008-07-22: Highest Volume — 105,865 contracts
  • 2008-07-22: Largest IV drop — 18.4% change
  • 2008-07-21: Highest IV Rank — 83.3%
  • 2008-07-21: Largest Expected Move — 23.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.16$13.35$18.72$17.62$14.10
Max Pain$18.52$15.00$25.00$25.00$15.00
ATM IV68.2%56.2%83.2%62.0%58.6%
Expected Move19.8%16.1%23.8%17.8%16.8%
HV 20d76.5%47.5%115.5%47.5%112.1%
HV 60d62.6%51.7%78.4%55.6%77.4%
IV Rank57.8%37.0%83.3%49.8%41.1%
IV Percentile88.5%72.6%98.4%88.5%75.0%
Term Structure-3.8%-15.6%8.2%6.7%-3.0%
VWIV70.4%59.1%82.4%65.9%60.3%
Skew 25d1.8%-3.7%8.1%3.2%-3.2%
Skew 10d3.3%-7.2%16.0%4.4%-7.2%
Call IV 25d70.6%60.3%80.6%64.7%63.0%
Put IV 25d72.4%57.8%88.7%68.0%59.8%
Bid-Ask Spread %3.731.826.022.732.52
Gamma HHI0.110.100.160.100.16
Net GEX883.5K-252.4K2.1M-252.4K1.0M
Net DEX106.0M8.1M172.5M172.5M61.8M
Net VEX-1.2M-1.5M-831.5K-1.1M-989.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.160.620.180.30
Total Volume38,260.81811,324105,865105,09013,223
Total OI613,992.409524,392666,914546,951610,770

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-07-01$17.62$25.0062.0%17.8%47.5%49.8%65.9%3.2%6.7%-252.4K172.5M-1.1M0.182.73N/AN/A89,33115,759350,212196,739
2008-07-02$18.72$25.0065.4%18.7%56.4%55.2%66.2%-0.6%7.3%685.5K122.9M-1.4M0.212.51N/AN/A82,87017,006376,107200,645
2008-07-03$18.43$25.0061.6%17.7%54.7%46.5%61.9%3.4%8.2%1.2M116.8M-1.5M0.343.15N/AN/A14,7574,990421,131207,540
2008-07-07$17.58$20.0067.5%20.7%55.1%56.4%72.6%3.4%-5.0%968.2K137.4M-1.4M0.424.67N/AN/A19,5328,249426,743209,279
2008-07-08$17.83$20.0064.8%20.5%56.2%51.8%72.0%2.1%-4.6%1.2M125.5M-1.4M0.575.38N/AN/A14,3798,176432,547207,070
2008-07-09$17.30$20.0066.5%21.0%55.9%54.7%76.1%2.1%-5.1%933.6K133.0M-1.4M0.276.02N/AN/A18,0324,778436,069205,835
2008-07-10$16.97$20.0073.9%21.2%55.3%67.4%75.2%1.9%-4.6%969.2K135.1M-1.3M0.445.94N/AN/A14,6156,394441,914206,819
2008-07-11$16.56$20.0074.7%21.4%55.1%68.7%76.6%2.7%-5.1%873.4K135.8M-1.3M0.284.08N/AN/A22,9356,436445,762207,046
2008-07-14$16.55$20.0077.4%22.2%54.2%73.3%81.6%1.9%-6.9%1.0M130.7M-1.3M0.183.83N/AN/A10,3001,901452,958207,117
2008-07-15$16.58$17.5079.0%22.7%54.0%76.2%80.6%4.0%-9.9%963.0K136.5M-1.3M0.525.07N/AN/A19,1399,969455,966205,824
2008-07-16$17.36$17.5076.8%22.0%58.7%72.4%77.5%2.4%-8.5%1.4M107.4M-1.4M0.464.70N/AN/A7,7813,543460,154201,136
2008-07-17$18.12$17.5081.9%23.5%61.9%81.0%81.4%6.5%-13.1%1.8M82.9M-1.5M0.265.01N/AN/A21,9175,673460,832201,121
2008-07-18$17.57$17.5081.1%23.3%61.1%79.8%81.7%6.2%-13.6%902.5K95.1M-1.4M0.313.97N/AN/A36,12511,305465,255201,659
2008-07-21$17.93$17.5083.2%23.8%52.6%83.3%82.4%8.1%-15.6%2.1M8.1M-1.5M0.354.67N/AN/A72,42925,683367,784156,608
2008-07-22$13.62$17.5067.9%19.5%108.4%57.0%67.4%3.6%-0.8%158.4K116.8M-831.5K0.622.59N/AN/A65,34740,518391,585167,007
2008-07-23$14.57$17.5058.3%16.7%112.6%40.6%59.8%2.4%-0.3%552.3K85.0M-982.9K0.512.69N/AN/A22,91411,798402,027169,501
2008-07-24$13.52$15.0062.4%17.9%113.9%47.6%63.5%-1.1%-0.2%432.2K93.4M-883.8K0.501.82N/AN/A14,5197,253410,249171,977
2008-07-25$13.66$15.0059.3%17.0%113.9%42.2%61.7%-3.7%-1.2%524.5K88.0M-894.1K0.582.04N/AN/A17,70110,316413,773167,163
2008-07-28$13.35$15.0062.8%18.0%113.8%48.2%63.9%-1.9%-3.8%465.7K90.9M-869.6K0.262.47N/AN/A17,3434,539419,862172,700
2008-07-29$13.89$15.0059.0%16.9%115.5%41.7%61.0%-2.3%-4.1%698.5K79.4M-934.8K0.162.86N/AN/A20,8983,391424,953171,993
2008-07-30$13.72$15.0056.2%16.1%114.3%37.0%59.1%-2.4%-1.3%800.5K76.4M-921.4K0.443.28N/AN/A12,4735,501436,452169,949
2008-07-31$14.10$15.0058.6%16.8%112.1%41.1%60.3%-3.2%-3.0%1.0M61.8M-989.3K0.302.52N/AN/A10,1613,062441,040169,730