SNDK Options History — September 2010

In September 2010, SNDK traded between $34.81 and $39.73. ATM implied volatility averaged 49.4%, placing in the 44.4% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded below realized volatility by 3.1% (HV 20d: 52.4%). Max pain ranged from $38.00 to $40.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.70.

Notable Days

  • 2010-09-21: Highest Volume — 79,902 contracts
  • 2010-09-07: Largest IV spike — 9.6% change
  • 2010-09-13: Highest IV Rank — 53.3%
  • 2010-09-07: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.07$34.81$39.73$34.81$36.65
Max Pain$39.19$38.00$40.00$38.00$38.00
ATM IV49.4%46.3%53.2%50.5%47.3%
Expected Move14.3%13.3%15.4%14.5%13.6%
HV 20d52.4%43.5%57.8%53.2%43.5%
HV 60d47.5%46.1%49.1%47.7%47.4%
IV Rank44.4%37.1%53.3%47.0%39.7%
IV Percentile49.6%36.1%68.3%52.4%41.3%
Term Structure2.2%-1.9%6.1%2.9%6.1%
VWIV50.4%46.9%53.7%52.0%48.0%
Skew 25d3.4%-0.2%5.2%5.2%3.5%
Skew 10d6.3%-1.0%10.3%10.3%5.8%
Call IV 25d49.1%45.9%53.2%49.7%47.0%
Put IV 25d52.5%48.0%55.5%54.9%50.5%
Bid-Ask Spread %4.854.005.844.235.59
Gamma HHI0.110.060.260.080.09
Net GEX948.1K-4.0M5.6M-1.1M1.5M
Net DEX14.9M-116.9M139.4M139.4M6.8M
Net VEX-1.8M-2.0M-1.6M-1.7M-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.361.390.780.65
Total Volume36,480.76216,76879,90233,49923,734
Total OI409,125.571330,151439,085387,484433,715

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-09-01$34.81$38.0050.5%14.5%53.2%47.0%52.0%5.2%2.9%-1.1M139.4M-1.7M0.784.23N/AN/A18,86314,636185,005202,479
2010-09-02$36.01$38.0050.6%14.5%55.9%47.4%52.7%-0.2%3.4%-739.1K82.0M-1.8M0.515.49N/AN/A51,32726,300185,759206,185
2010-09-03$36.95$40.0047.8%15.1%57.5%40.7%53.7%3.0%-0.6%829.3K24.0M-1.9M0.575.13N/AN/A23,98813,652202,738214,320
2010-09-07$36.61$40.0052.4%15.4%55.8%51.5%53.7%2.1%-1.0%541.9K43.8M-1.8M0.555.23N/AN/A23,02112,690203,554213,982
2010-09-08$37.51$40.0049.2%15.0%57.2%43.9%52.2%3.4%-0.5%1.7M-5.3M-1.9M0.424.57N/AN/A20,3228,609207,616214,931
2010-09-09$37.95$40.0051.4%14.7%54.1%49.2%51.6%3.5%0.3%1.9M-22.7M-1.9M0.374.50N/AN/A21,2517,792206,198216,861
2010-09-10$36.94$40.0052.0%14.9%54.5%50.6%52.1%3.9%-0.4%937.6K48.7M-1.8M0.614.65N/AN/A21,40112,972210,733216,938
2010-09-13$38.79$40.0053.2%15.2%57.8%53.3%53.3%3.9%-1.9%4.5M-82.8M-1.8M0.694.73N/AN/A29,68620,411211,989218,052
2010-09-14$39.51$40.0049.8%14.3%57.6%45.4%50.3%4.6%0.2%4.4M-103.2M-1.9M0.364.41N/AN/A29,82710,652209,980221,676
2010-09-15$39.73$40.0050.1%14.4%56.7%46.1%51.1%4.7%-0.2%5.1M-116.9M-1.8M0.504.58N/AN/A11,6925,846209,091221,194
2010-09-16$39.31$40.0050.8%14.6%55.3%47.8%51.7%4.5%-0.7%5.6M-92.1M-1.8M0.894.81N/AN/A17,48415,475208,745221,189
2010-09-17$38.12$40.0048.8%14.0%51.2%42.9%48.9%4.4%1.8%-4.0M-1.7M-1.7M1.165.84N/AN/A23,71027,423212,655226,430
2010-09-20$37.76$40.0047.2%13.5%51.2%39.3%48.0%4.7%4.5%-312.2K16.8M-1.7M0.885.68N/AN/A15,26013,429153,849176,302
2010-09-21$35.47$40.0050.2%14.4%55.0%46.3%49.9%4.1%3.6%-1.3M99.3M-1.6M0.804.32N/AN/A44,49035,412159,978181,357
2010-09-22$35.75$39.0048.2%13.8%51.1%41.7%49.5%3.5%3.7%-812.6K78.2M-1.8M0.654.41N/AN/A22,15914,364181,656200,525
2010-09-23$35.28$38.0049.2%14.1%51.1%44.0%49.5%4.0%3.6%-581.9K84.3M-1.9M0.814.00N/AN/A12,63010,282191,199205,971
2010-09-24$35.85$38.0046.9%13.4%47.9%38.6%47.0%2.8%4.6%-315.2K57.3M-1.9M0.574.56N/AN/A14,2148,104194,983210,186
2010-09-27$35.89$38.0048.0%13.8%44.8%41.2%48.6%1.2%4.5%219.9K51.2M-1.9M1.395.05N/AN/A7,0049,764201,663211,865
2010-09-28$35.98$38.0046.3%13.3%44.8%37.1%46.9%1.3%6.1%142.0K50.7M-1.9M0.964.38N/AN/A10,1049,707203,010215,080
2010-09-29$37.64$38.0047.4%13.6%45.1%39.9%48.3%2.9%5.5%1.7M-44.4M-2.0M0.525.77N/AN/A30,48715,922206,505215,493
2010-09-30$36.65$38.0047.3%13.6%43.5%39.7%48.0%3.5%6.1%1.5M6.8M-2.0M0.655.59N/AN/A14,3989,336215,299218,416