SNDK Options History — October 2008

In October 2008, SNDK traded between $7.53 and $20.65. ATM implied volatility averaged 143.0%, placing in the 75.0% IV rank vs the trailing year. The 30-day expected move averaged 41.2%. IV traded above realized volatility by 5.5% (HV 20d: 137.5%). Max pain ranged from $12.00 to $20.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 0.40.

Notable Days

  • 2008-10-20: Highest Volume — 70,831 contracts
  • 2008-10-22: Largest IV spike — 30.7% change
  • 2008-10-03: Highest IV Rank — 100.0%
  • 2008-10-17: Largest Expected Move — 50.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.16$7.53$20.65$20.00$8.89
Max Pain$17.20$12.00$20.00$17.50$12.00
ATM IV143.0%101.7%185.3%142.9%134.0%
Expected Move41.2%29.2%50.1%41.0%38.4%
HV 20d137.5%77.3%173.8%173.8%157.0%
HV 60d130.1%114.5%144.3%125.4%144.3%
IV Rank75.0%43.9%100.0%96.8%65.6%
IV Percentile96.9%90.5%100.0%99.6%93.7%
Term Structure-18.2%-52.3%18.0%-36.6%7.6%
VWIV141.0%104.2%164.2%139.5%137.3%
Skew 25d19.5%-4.8%46.6%12.9%-4.8%
Skew 10d40.1%-10.0%100.9%27.7%-8.2%
Call IV 25d131.7%106.2%153.6%130.9%141.9%
Put IV 25d151.1%108.5%185.1%143.7%137.1%
Bid-Ask Spread %22.317.7443.5135.097.74
Gamma HHI0.100.060.150.120.06
Net GEX1.8M227.7K4.5M3.3M514.0K
Net DEX-44.0M-269.2M55.0M-191.2M37.6M
Net VEX-1.2M-1.9M-499.7K-1.7M-626.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.041.450.120.21
Total Volume30,584.4355,35270,83168,62120,723
Total OI674,734.652528,009777,349665,645618,677

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-10-01$20.00$17.50142.9%41.0%173.8%96.8%139.5%12.9%-36.6%3.3M-191.2M-1.7M0.1235.09N/AN/A61,1427,479472,265193,380
2008-10-02$20.65$17.50144.2%41.3%172.1%97.9%137.7%25.7%-29.4%4.5M-269.2M-1.9M0.3610.99N/AN/A45,17116,380521,010195,661
2008-10-03$18.38$17.50147.3%42.2%151.3%100.0%142.7%0.9%-33.7%3.4M-133.0M-1.7M0.2114.09N/AN/A21,8354,641520,314205,928
2008-10-06$18.20$20.00185.3%43.9%149.6%100.0%152.1%30.4%-47.3%3.1M-147.2M-1.7M0.1337.41N/AN/A56,8047,457524,819207,954
2008-10-07$18.03$20.00160.1%40.3%146.8%83.1%135.7%26.5%-33.1%3.2M-137.0M-1.6M0.7230.06N/AN/A16,93812,177516,447210,684
2008-10-08$17.93$20.00148.6%40.2%146.8%75.4%135.3%33.6%-29.4%2.9M-121.3M-1.6M0.5330.80N/AN/A16,9709,001522,242219,951
2008-10-09$17.03$20.00141.4%40.9%147.5%70.5%138.6%25.7%-34.1%2.6M-92.1M-1.6M0.4240.15N/AN/A3,7771,575527,162218,277
2008-10-10$15.92$20.00162.3%46.9%148.7%84.6%164.2%32.0%-32.3%2.0M-45.0M-1.5M0.5943.51N/AN/A11,2996,709526,208215,768
2008-10-13$17.18$20.00132.9%45.8%147.3%64.8%152.1%46.6%-31.3%2.5M-80.6M-1.5M0.0925.58N/AN/A27,3622,377531,447215,330
2008-10-14$16.92$19.00130.1%40.4%147.0%62.9%140.9%28.2%-25.7%2.6M-81.2M-1.5M0.3826.05N/AN/A13,7105,142547,649215,996
2008-10-15$16.60$19.00116.3%42.6%83.4%53.7%143.2%25.3%-17.2%2.6M-63.0M-1.4M0.5234.52N/AN/A9,6505,039548,343218,642
2008-10-16$16.49$19.00142.1%40.7%77.3%71.0%139.2%23.5%-18.3%2.0M-18.8M-1.4M1.4530.33N/AN/A6,8199,905551,803221,077
2008-10-17$15.51$19.00174.8%50.1%78.7%92.9%159.1%37.3%-52.3%1.3M6.8M-1.3M0.2026.58N/AN/A29,3375,868552,374224,975
2008-10-20$14.42$17.00135.6%38.9%81.0%66.6%131.3%20.1%-2.5%1.2M-15.5M-1.1M0.249.93N/AN/A57,01413,817378,913149,096
2008-10-21$14.76$16.00101.7%29.2%82.5%43.9%104.2%2.4%1.1%1.8M-22.3M-1.2M0.1916.80N/AN/A26,0464,875415,040155,486
2008-10-22$10.09$15.00133.0%38.1%151.8%64.9%133.8%4.6%-5.8%460.7K54.5M-700.1K0.6333.14N/AN/A35,38322,263419,296155,965
2008-10-23$9.14$15.00122.4%35.1%152.8%57.8%120.5%-2.0%-2.6%393.7K51.7M-617.1K0.5312.97N/AN/A17,8679,474430,501152,659
2008-10-24$7.93$15.00154.5%44.3%155.9%79.3%157.4%18.6%-13.0%243.7K55.0M-507.9K1.0212.50N/AN/A12,51312,754433,563155,969
2008-10-27$7.53$15.00161.3%46.2%152.5%83.9%158.4%12.0%-8.0%227.7K49.6M-499.7K0.048.37N/AN/A19,354735439,888160,478
2008-10-28$7.97$15.00148.7%42.6%154.0%75.4%150.1%24.0%1.8%274.9K52.0M-530.7K0.368.84N/AN/A9,4963,387443,422159,616
2008-10-29$7.95$14.00140.9%40.4%152.8%70.2%140.2%10.9%4.9%266.6K48.7M-515.2K0.168.64N/AN/A15,2532,401448,208159,138
2008-10-30$8.14$13.00129.9%37.2%152.3%62.8%129.5%13.0%18.0%302.7K49.2M-533.1K0.189.01N/AN/A4,674849458,369158,907
2008-10-31$8.89$12.00134.0%38.4%157.0%65.6%137.3%-4.8%7.6%514.0K37.6M-626.9K0.217.74N/AN/A17,0863,637459,510159,167