SNDK Options History — April 2010

In April 2010, SNDK traded between $34.71 and $44.61. ATM implied volatility averaged 40.6%, placing in the 12.9% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 2.6% (HV 20d: 38.0%). Max pain ranged from $29.00 to $39.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.73.

Notable Days

  • 2010-04-22: Highest Volume — 96,102 contracts
  • 2010-04-15: Largest IV spike — 60.8% change
  • 2010-04-19: Highest IV Rank — 28.6%
  • 2010-04-19: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.46$34.71$44.61$34.71$39.84
Max Pain$36.57$29.00$39.00$29.00$39.00
ATM IV40.6%30.4%52.4%34.8%46.6%
Expected Move13.1%10.0%15.0%10.0%13.3%
HV 20d38.0%28.2%59.6%28.5%59.6%
HV 60d50.6%46.9%54.1%53.4%48.5%
IV Rank12.9%0.0%28.6%0.0%24.8%
IV Percentile15.8%0.0%53.6%0.0%30.2%
Term Structure-0.4%-4.3%11.6%11.6%1.9%
VWIV46.2%35.4%52.7%35.4%46.8%
Skew 25d2.3%0.2%3.6%1.4%2.9%
Skew 10d4.5%-0.7%7.2%3.1%5.2%
Call IV 25d45.2%35.1%52.3%35.1%45.6%
Put IV 25d47.5%36.5%53.7%36.5%48.5%
Bid-Ask Spread %3.392.255.382.854.67
Gamma HHI0.130.080.220.130.08
Net GEX3.4M1.4M4.6M3.6M2.0M
Net DEX-327.4M-462.9M-152.1M-278.2M-240.4M
Net VEX-1.4M-1.8M-1.2M-1.3M-1.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.412.112.110.57
Total Volume31,862.61911,34596,10218,77120,645
Total OI298,154.714219,915336,185294,022320,149

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-04-01$34.71$29.0034.8%10.0%28.5%0.0%35.4%1.4%11.6%3.6M-278.2M-1.3M2.112.85N/AN/A6,04512,726156,268137,754
2010-04-05$35.99$36.0037.3%13.4%28.7%3.0%47.6%3.5%-1.4%3.7M-332.6M-1.3M0.852.25N/AN/A10,5959,054156,403140,868
2010-04-06$35.84$36.0036.4%13.4%28.8%2.0%47.2%3.4%-1.5%3.7M-324.7M-1.3M0.722.29N/AN/A6,7404,860157,189141,093
2010-04-07$35.74$35.0037.0%13.5%28.9%2.6%47.3%3.3%-1.3%3.7M-322.7M-1.3M0.663.03N/AN/A10,0376,597159,035142,060
2010-04-08$35.63$35.0033.3%13.5%28.5%0.0%47.5%3.4%-1.0%3.7M-313.6M-1.3M0.712.39N/AN/A9,7326,886159,035142,060
2010-04-09$36.03$36.0030.6%13.3%28.7%0.0%46.7%3.4%-1.2%4.2M-338.5M-1.3M0.972.36N/AN/A7,3427,090163,436147,784
2010-04-12$36.25$36.0031.3%13.6%28.2%0.8%47.7%3.6%-2.4%4.1M-346.7M-1.3M0.572.38N/AN/A12,8217,354165,317152,322
2010-04-13$35.96$36.0030.8%13.6%28.2%0.2%47.5%3.4%-2.2%4.5M-327.4M-1.3M0.712.77N/AN/A7,3835,259166,156153,907
2010-04-14$37.68$36.0030.4%13.5%32.0%0.0%47.8%3.4%-3.2%4.6M-403.4M-1.2M0.412.62N/AN/A38,63915,999165,338155,370
2010-04-15$38.63$37.0048.9%14.0%31.6%23.6%49.6%3.6%-4.3%3.8M-451.3M-1.3M0.453.89N/AN/A21,8069,729171,480162,236
2010-04-16$37.74$37.0050.7%14.5%33.0%26.5%50.9%2.1%-4.1%3.7M-388.8M-1.3M0.693.89N/AN/A22,41415,480171,185165,000
2010-04-19$36.69$37.0052.4%15.0%33.5%28.6%52.7%1.4%-4.1%1.4M-152.1M-1.4M0.553.81N/AN/A17,5849,731109,329110,586
2010-04-20$37.38$37.0049.6%14.2%30.2%25.0%49.7%0.5%-2.1%1.7M-176.1M-1.4M0.443.18N/AN/A11,1824,895116,048115,380
2010-04-21$37.59$37.0047.6%13.7%28.8%22.5%47.3%1.1%-2.7%1.9M-186.8M-1.4M0.714.73N/AN/A51,44136,419117,873116,739
2010-04-22$42.22$37.0040.5%11.6%49.3%15.4%41.4%2.0%1.1%4.4M-394.0M-1.4M0.873.80N/AN/A51,44544,657143,897135,397
2010-04-23$44.61$38.0041.1%11.8%51.5%16.4%41.6%0.2%1.8%3.8M-462.9M-1.5M0.604.32N/AN/A39,66223,604148,560147,185
2010-04-26$43.52$38.0043.5%12.5%52.7%20.1%43.8%0.4%0.4%3.7M-415.4M-1.6M0.653.00N/AN/A17,56611,393152,609151,551
2010-04-27$41.81$38.0043.6%12.5%55.8%20.2%43.9%1.3%1.6%3.2M-337.5M-1.7M0.885.38N/AN/A19,78117,402154,411154,250
2010-04-28$41.83$39.0043.6%12.5%55.6%20.2%44.1%1.8%2.4%3.4M-338.3M-1.7M0.734.11N/AN/A14,87310,902159,955156,920
2010-04-29$42.02$39.0043.0%12.3%55.2%19.3%43.5%2.7%2.5%3.2M-345.0M-1.7M0.523.47N/AN/A7,4533,892160,228158,886
2010-04-30$39.84$39.0046.6%13.3%59.6%24.8%46.8%2.9%1.9%2.0M-240.4M-1.8M0.574.67N/AN/A13,1807,465160,586159,563