SNDK Options History — April 2009

In April 2009, SNDK traded between $12.50 and $15.72. ATM implied volatility averaged 98.5%, placing in the 39.9% IV rank vs the trailing year. The 30-day expected move averaged 28.8%. IV traded above realized volatility by 1.7% (HV 20d: 96.8%). Max pain ranged from $10.00 to $14.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.56.

Notable Days

  • 2009-04-22: Highest Volume — 51,482 contracts
  • 2009-04-09: Largest IV spike — 39.3% change
  • 2009-04-01: Highest IV Rank — 61.1%
  • 2009-04-01: Largest Expected Move — 37.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.24$12.50$15.72$12.50$15.72
Max Pain$13.00$10.00$14.00$10.00$14.00
ATM IV98.5%61.6%129.2%129.2%61.6%
Expected Move28.8%17.6%37.0%37.0%17.6%
HV 20d96.8%87.9%110.3%109.5%91.0%
HV 60d109.4%96.1%112.2%108.5%96.1%
IV Rank39.9%14.3%61.1%61.1%14.3%
IV Percentile55.5%27.8%84.9%84.9%27.8%
Term Structure-11.9%-29.2%7.9%-15.1%7.9%
VWIV100.5%61.3%128.2%128.2%61.3%
Skew 25d11.7%4.5%16.9%5.0%11.3%
Skew 10d21.9%7.6%29.5%9.3%22.8%
Call IV 25d94.1%58.5%126.3%126.3%58.5%
Put IV 25d105.8%69.8%131.3%131.3%69.8%
Bid-Ask Spread %4.313.356.184.296.18
Gamma HHI0.140.100.350.110.11
Net GEX1.4M556.3K2.2M1.3M1.2M
Net DEX-102.2M-175.6M-36.2M-83.3M-77.4M
Net VEX-724.0K-815.1K-646.8K-761.6K-708.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.130.990.540.13
Total Volume18,602.9057,12851,4828,30022,309
Total OI360,140.952252,806429,998405,994288,550

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-04-01$12.50$10.00129.2%37.0%109.5%61.1%128.2%5.0%-15.1%1.3M-83.3M-761.6K0.544.29N/AN/A5,4042,896245,412160,582
2009-04-02$13.30$10.00119.8%34.4%110.3%54.7%120.7%4.5%-1.9%1.5M-109.4M-793.0K0.875.10N/AN/A13,95412,072247,912162,025
2009-04-03$14.09$13.00116.6%33.4%107.5%52.4%115.8%16.9%-20.5%1.6M-137.2M-815.1K0.353.35N/AN/A12,4644,395251,068162,750
2009-04-06$13.69$13.00115.5%33.9%108.2%51.7%120.3%16.6%-24.0%1.8M-127.7M-761.5K0.513.35N/AN/A7,8194,005255,931159,421
2009-04-07$12.76$13.00117.2%33.8%98.9%52.8%115.9%14.7%-20.0%1.7M-95.9M-727.9K0.403.95N/AN/A5,6422,259259,127161,604
2009-04-08$13.01$13.0084.7%34.2%98.1%30.4%117.4%14.9%-23.8%2.0M-104.0M-711.9K0.293.78N/AN/A27,4727,889260,163162,323
2009-04-09$14.48$13.00118.0%33.8%103.2%53.4%116.4%15.5%-26.4%2.0M-163.9M-767.3K0.313.54N/AN/A23,2527,119263,367164,330
2009-04-13$14.42$13.00120.1%34.4%98.2%54.9%120.4%16.0%-29.2%2.0M-156.9M-736.9K0.613.37N/AN/A7,3174,457258,724166,147
2009-04-14$13.62$13.00114.9%32.9%89.6%51.2%113.7%13.7%-24.0%2.1M-126.5M-705.9K0.633.83N/AN/A6,1573,893259,979167,817
2009-04-15$13.55$13.00108.8%31.2%89.4%47.0%110.8%13.2%-21.1%2.2M-121.4M-685.4K0.964.65N/AN/A4,6954,507260,697169,301
2009-04-16$14.43$13.00104.1%29.8%89.3%43.8%102.8%15.9%-15.5%2.0M-157.1M-693.2K0.453.76N/AN/A9,4684,305254,886166,233
2009-04-17$14.82$13.0090.5%26.0%87.9%34.4%91.0%14.1%-9.1%1.6M-175.6M-687.4K0.324.87N/AN/A23,6457,557256,415167,925
2009-04-20$13.40$13.00101.2%29.0%95.1%41.7%102.0%12.8%-9.3%556.3K-36.2M-646.8K0.953.65N/AN/A7,7487,399146,369106,437
2009-04-21$13.71$13.00107.1%30.7%89.2%45.8%105.8%12.2%-16.0%589.4K-42.6M-666.5K0.414.43N/AN/A30,02512,380149,856110,615
2009-04-22$15.54$13.0076.4%21.9%97.7%24.6%79.9%7.9%-0.0%1.2M-89.6M-738.8K0.395.01N/AN/A37,06114,421167,951117,071
2009-04-23$15.44$14.0080.5%23.1%96.9%27.5%81.4%7.8%-2.2%972.8K-76.0M-723.7K0.644.58N/AN/A7,4154,748160,673120,176
2009-04-24$15.62$14.0073.9%21.2%93.5%22.9%75.8%8.7%2.3%995.9K-77.5M-737.9K0.995.67N/AN/A4,9044,850161,192122,204
2009-04-27$14.72$14.0079.5%22.8%96.0%26.7%80.7%5.4%-1.0%852.5K-57.0M-708.3K0.753.60N/AN/A5,1863,876163,104124,509
2009-04-28$14.82$14.0074.2%21.3%91.2%23.1%75.0%8.3%0.9%947.2K-58.6M-710.3K0.674.27N/AN/A5,1193,449164,834124,986
2009-04-29$15.48$14.0074.9%21.5%91.3%23.6%74.3%9.4%-2.2%1.1M-72.6M-715.7K0.535.36N/AN/A4,6742,454164,799125,495
2009-04-30$15.72$14.0061.6%17.6%91.0%14.3%61.3%11.3%7.9%1.2M-77.4M-708.6K0.136.18N/AN/A19,7722,537163,179125,371