SNDK Options History — October 2009

In October 2009, SNDK traded between $20.09 and $24.01. ATM implied volatility averaged 54.8%, placing in the 8.0% IV rank vs the trailing year. The 30-day expected move averaged 16.4%. IV traded above realized volatility by 0.3% (HV 20d: 54.5%). Max pain ranged from $17.00 to $22.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.55.

Notable Days

  • 2009-10-21: Highest Volume — 110,379 contracts
  • 2009-10-21: Largest IV drop — 30.2% change
  • 2009-10-30: Highest IV Rank — 15.4%
  • 2009-10-16: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.67$20.09$24.01$20.40$20.48
Max Pain$20.82$17.00$22.00$17.00$22.00
ATM IV54.8%41.0%64.5%57.8%60.3%
Expected Move16.4%11.7%18.5%16.6%17.3%
HV 20d54.5%46.2%69.9%50.0%69.9%
HV 60d48.3%42.0%53.5%51.9%53.5%
IV Rank8.0%0.0%15.4%8.1%15.4%
IV Percentile16.9%0.0%31.3%20.6%28.6%
Term Structure-1.6%-6.6%4.9%4.0%-1.0%
VWIV57.5%42.2%64.6%58.8%60.7%
Skew 25d3.5%1.4%6.0%1.7%2.5%
Skew 10d6.5%1.4%12.2%2.3%3.1%
Call IV 25d56.3%40.9%64.3%58.2%60.3%
Put IV 25d59.9%43.4%67.0%59.9%62.8%
Bid-Ask Spread %3.682.655.153.344.49
Gamma HHI0.180.100.350.170.11
Net GEX3.0M1.8M4.5M2.1M1.8M
Net DEX-141.1M-209.8M-52.8M-119.7M-52.8M
Net VEX-757.7K-944.6K-645.2K-657.6K-869.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.251.040.910.73
Total Volume30,787.5917,204110,37917,98825,519
Total OI322,578.273259,208352,884306,333346,481

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-10-01$20.40$17.0057.8%16.6%50.0%8.1%58.8%1.7%4.0%2.1M-119.7M-657.6K0.913.34N/AN/A9,4018,587182,409123,924
2009-10-02$20.09$17.0056.4%16.2%50.7%7.1%57.3%2.6%4.5%2.0M-108.9M-664.5K0.453.30N/AN/A12,2795,561185,145127,157
2009-10-05$20.94$21.0058.0%17.6%51.6%8.2%61.5%5.6%-3.9%2.5M-139.5M-674.1K0.563.18N/AN/A6,5733,648188,938127,660
2009-10-06$21.42$21.0060.3%18.3%50.4%9.9%62.9%5.9%-5.0%2.7M-157.5M-675.1K0.372.65N/AN/A11,3534,251188,704127,989
2009-10-07$21.29$21.0057.4%18.0%46.8%8.5%62.5%6.0%-4.4%2.7M-153.6M-674.8K0.933.20N/AN/A3,7413,463190,768129,718
2009-10-08$21.24$21.0051.4%17.3%46.7%3.8%60.2%5.5%-3.5%2.8M-147.6M-666.4K1.043.56N/AN/A4,4394,634191,147131,290
2009-10-09$21.44$21.0049.2%17.9%46.8%2.1%62.3%5.0%-4.7%2.9M-152.3M-657.5K0.433.27N/AN/A9,9144,215191,138131,035
2009-10-12$21.02$21.0058.5%18.2%46.3%9.4%63.7%4.1%-5.8%2.6M-141.6M-645.2K0.383.56N/AN/A16,1346,144193,877131,752
2009-10-13$21.18$21.0058.9%18.3%46.2%9.7%63.5%3.3%-6.3%2.9M-145.8M-650.8K0.803.15N/AN/A12,60010,107199,353133,504
2009-10-14$22.48$21.0053.4%18.0%49.9%5.4%62.8%3.1%-5.5%4.4M-209.8M-720.5K0.293.50N/AN/A28,6468,185204,629140,105
2009-10-15$22.00$21.0064.5%18.5%50.1%14.1%64.6%3.7%-6.6%4.5M-187.5M-729.8K0.373.62N/AN/A13,9485,133209,522141,813
2009-10-16$20.98$21.0064.5%18.5%48.9%14.1%64.5%1.7%-5.9%2.6M-134.5M-703.7K0.272.88N/AN/A20,7265,549210,284142,600
2009-10-19$21.46$21.0062.4%17.9%49.8%12.4%62.1%2.1%-2.6%2.1M-106.8M-728.6K0.252.98N/AN/A22,0055,417161,09498,114
2009-10-20$21.48$21.0058.7%16.8%49.8%10.1%58.4%2.2%-2.8%2.4M-111.4M-741.4K0.533.00N/AN/A49,44426,063169,377101,631
2009-10-21$23.53$21.0041.0%11.7%59.8%0.0%42.5%2.5%4.2%4.0M-195.4M-817.9K0.434.76N/AN/A77,41432,965187,786115,038
2009-10-22$22.85$21.0042.1%12.1%59.4%0.9%42.8%4.1%4.4%4.2M-169.1M-882.6K0.424.51N/AN/A22,5699,502201,274122,807
2009-10-23$22.12$21.0042.0%12.0%59.8%0.8%42.2%4.7%4.9%3.5M-125.1M-839.8K0.594.37N/AN/A11,0926,558193,903122,348
2009-10-26$24.01$21.0050.1%14.4%64.1%7.2%50.7%1.4%0.6%3.8M-203.5M-884.3K0.385.15N/AN/A62,60623,489192,484122,539
2009-10-27$22.69$22.0050.5%14.5%66.9%7.6%51.4%2.4%1.0%3.4M-141.9M-937.8K0.573.55N/AN/A18,21210,382206,705134,569
2009-10-28$21.62$22.0052.8%15.1%69.2%9.3%53.3%4.3%0.5%2.7M-91.5M-902.6K0.884.34N/AN/A15,46113,673209,584136,566
2009-10-29$21.92$22.0055.8%16.0%65.4%11.8%56.1%2.8%-1.7%2.9M-109.1M-944.6K0.454.53N/AN/A17,7837,942212,862137,099
2009-10-30$20.48$22.0060.3%17.3%69.9%15.4%60.7%2.5%-1.0%1.8M-52.8M-869.4K0.734.49N/AN/A14,74910,770210,174136,307