SNDK Options History — July 2009

In July 2009, SNDK traded between $13.33 and $18.99. ATM implied volatility averaged 60.7%, placing in the 7.4% IV rank vs the trailing year. The 30-day expected move averaged 18.2%. IV traded above realized volatility by 1.0% (HV 20d: 59.7%). Max pain ranged from $14.00 to $17.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.62.

Notable Days

  • 2009-07-23: Highest Volume — 87,499 contracts
  • 2009-07-23: Largest IV drop — 21.6% change
  • 2009-07-20: Highest IV Rank — 14.5%
  • 2009-07-08: Largest Expected Move — 21.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.37$13.33$18.99$14.87$17.82
Max Pain$14.95$14.00$17.00$14.00$16.00
ATM IV60.7%49.4%70.4%55.6%49.4%
Expected Move18.2%14.2%21.3%15.9%14.2%
HV 20d59.7%48.2%70.7%51.6%67.7%
HV 60d71.6%67.5%76.8%76.8%69.2%
IV Rank7.4%0.0%14.5%3.5%0.0%
IV Percentile14.0%0.0%31.7%2.4%0.0%
Term Structure-0.1%-5.6%10.0%7.7%3.7%
VWIV63.6%49.6%72.9%56.9%49.6%
Skew 25d3.2%-1.6%10.4%-1.6%-0.4%
Skew 10d6.7%-4.2%17.8%-3.7%-0.1%
Call IV 25d62.4%50.2%71.4%59.3%50.2%
Put IV 25d65.7%49.8%79.4%57.7%49.8%
Bid-Ask Spread %3.582.344.674.274.21
Gamma HHI0.170.110.760.110.15
Net GEX2.0M402.0K10.9M1.2M2.0M
Net DEX-83.3M-198.7M-1.7M-44.4M-107.9M
Net VEX-641.6K-728.4K-524.0K-604.4K-706.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.271.200.910.31
Total Volume26,619.5456,06987,4996,0699,747
Total OI318,851.545254,049369,214315,940320,257

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-07-01$14.87$14.0055.6%15.9%51.6%3.5%56.9%-1.6%7.7%1.2M-44.4M-604.4K0.914.27N/AN/A3,1782,891181,196134,744
2009-07-02$14.19$14.0055.9%16.0%51.3%3.7%57.7%-0.7%10.0%833.8K-25.7M-574.0K1.203.52N/AN/A4,1685,022182,232134,272
2009-07-06$14.18$14.0062.7%20.2%51.3%8.8%69.3%9.2%-2.8%812.8K-24.7M-566.3K0.273.43N/AN/A7,4122,001184,004135,608
2009-07-07$13.57$14.0066.8%20.9%53.2%11.8%72.9%10.4%-3.1%532.7K-10.0M-544.3K0.403.86N/AN/A8,3923,344186,555136,187
2009-07-08$13.33$14.0066.5%21.3%48.2%11.6%72.2%9.6%-3.4%402.0K-1.7M-524.0K0.693.67N/AN/A6,6904,638189,644137,709
2009-07-09$14.02$14.0060.9%20.7%52.7%7.5%71.9%6.5%-3.0%808.0K-22.7M-573.5K0.554.16N/AN/A14,9968,235192,470139,138
2009-07-10$14.47$14.0061.3%20.3%53.8%7.8%70.3%3.1%0.4%1.3M-40.4M-593.8K0.523.38N/AN/A16,7948,801198,305141,863
2009-07-13$15.25$14.0066.5%20.4%57.3%11.6%70.8%3.5%-1.3%1.8M-70.6M-616.6K0.622.94N/AN/A13,6158,408203,874144,580
2009-07-14$15.47$14.0063.8%20.8%56.4%9.6%72.7%2.7%-2.4%2.1M-81.0M-625.9K0.514.01N/AN/A14,8627,516207,233143,004
2009-07-15$16.20$14.0065.6%19.8%58.1%10.9%69.1%3.7%-2.6%2.8M-114.4M-636.7K0.554.33N/AN/A19,50410,768213,414142,614
2009-07-16$17.67$15.0069.9%20.1%65.0%14.2%70.5%3.3%-3.9%3.6M-175.6M-669.7K0.353.47N/AN/A45,57316,077215,912146,135
2009-07-17$18.03$15.0068.2%19.6%59.4%12.9%68.5%4.5%-3.1%10.9M-198.7M-662.5K0.433.20N/AN/A25,56510,984221,292147,922
2009-07-20$18.62$15.0070.4%20.2%59.5%14.5%71.2%5.8%-5.6%1.5M-114.5M-673.2K0.702.81N/AN/A23,76816,689153,685100,364
2009-07-21$18.23$15.0069.0%19.8%52.4%13.5%68.9%4.3%-4.1%1.7M-108.5M-688.5K0.622.34N/AN/A14,4568,896162,115104,565
2009-07-22$18.99$16.0065.4%18.8%53.2%10.8%66.0%3.5%-3.2%1.7M-125.1M-674.3K0.613.56N/AN/A37,12122,779160,415102,474
2009-07-23$16.92$17.0051.2%14.7%70.5%0.3%52.1%0.2%3.8%1.3M-62.7M-644.5K0.544.52N/AN/A56,90030,599171,319115,712
2009-07-24$17.09$16.0053.6%15.4%70.2%2.0%54.3%1.7%2.6%1.6M-76.7M-684.1K0.772.76N/AN/A14,00510,840180,756121,735
2009-07-27$17.58$16.0054.5%15.6%70.2%2.7%55.0%0.6%1.8%1.8M-97.4M-710.9K0.403.98N/AN/A14,0585,615185,281125,459
2009-07-28$18.00$16.0053.0%15.2%70.3%1.6%53.5%1.0%2.3%2.0M-116.9M-702.6K0.752.95N/AN/A13,0589,822187,399125,754
2009-07-29$17.70$16.0053.4%15.3%70.7%1.8%54.0%-0.0%2.1%1.9M-103.3M-710.2K1.112.67N/AN/A4,7535,268188,526128,255
2009-07-30$17.89$16.0052.1%14.9%70.7%0.9%52.5%0.3%2.5%2.0M-110.5M-728.4K0.884.67N/AN/A9,5048,318189,772130,984
2009-07-31$17.82$16.0049.4%14.2%67.7%0.0%49.6%-0.4%3.7%2.0M-107.9M-706.4K0.314.21N/AN/A7,4372,310190,339129,918