SNDK Options History — October 2013

In October 2013, SNDK traded between $60.07 and $70.80. ATM implied volatility averaged 32.5%, placing in the 22.3% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 8.1% (HV 20d: 24.5%). Max pain ranged from $55.00 to $67.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.70.

Notable Days

  • 2013-10-17: Highest Volume — 69,221 contracts
  • 2013-10-03: Largest IV spike — 27.8% change
  • 2013-10-09: Highest IV Rank — 47.7%
  • 2013-10-08: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.53$60.07$70.80$60.07$69.50
Max Pain$56.52$55.00$67.50$67.50$57.50
ATM IV32.5%25.6%43.0%29.6%26.9%
Expected Move9.7%9.2%10.1%9.9%9.2%
HV 20d24.5%15.2%34.4%17.5%34.4%
HV 60d29.7%27.7%33.1%29.8%27.7%
IV Rank22.3%3.7%47.7%13.2%7.7%
IV Percentile46.7%2.8%95.6%32.5%9.1%
Term Structure-1.7%-5.2%0.5%0.0%0.2%
VWIV34.2%32.0%36.4%34.5%32.8%
Skew 25d2.0%1.0%3.2%2.5%1.5%
Skew 10d4.2%1.1%6.7%6.5%2.7%
Call IV 25d32.4%24.9%42.6%34.1%26.3%
Put IV 25d34.4%26.7%45.2%36.6%27.8%
Bid-Ask Spread %2.731.5013.212.222.05
Gamma HHI0.160.080.560.170.10
Net GEX11.5M5.0M39.1M10.4M6.5M
Net DEX-358.8M-743.3M-189.1M-189.1M-237.6M
Net VEX-1.6M-1.8M-1.2M-1.7M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.201.220.410.38
Total Volume23,969.0436,57569,2219,62411,162
Total OI246,097.565197,394291,155236,624218,133

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-10-01$60.07$67.5029.6%9.9%17.5%13.2%34.5%2.5%0.0%10.4M-189.1M-1.7M0.412.22N/AN/A6,8052,819127,020109,604
2013-10-02$61.48$60.0029.9%9.9%15.7%14.1%33.9%2.1%-1.3%12.7M-279.6M-1.8M0.321.94N/AN/A15,5855,044130,190110,991
2013-10-03$61.54$57.5038.3%9.9%15.2%35.5%36.3%1.1%-2.5%13.6M-284.2M-1.8M0.822.27N/AN/A9,2427,564131,888113,259
2013-10-04$62.69$57.5038.1%9.9%16.2%35.1%35.7%2.6%-2.8%12.9M-359.5M-1.7M0.772.51N/AN/A25,72219,878134,700117,338
2013-10-07$62.28$55.0040.2%10.0%15.8%40.4%36.4%2.5%-3.5%10.2M-297.4M-1.8M0.762.57N/AN/A3,7272,848135,929124,140
2013-10-08$61.16$55.0041.5%10.1%16.1%43.7%34.4%2.8%-3.3%9.0M-228.0M-1.8M1.002.50N/AN/A4,5354,519137,178125,098
2013-10-09$61.48$55.0043.0%10.0%16.1%47.7%36.4%2.6%-5.2%9.3M-245.9M-1.8M1.222.10N/AN/A3,5774,378138,481126,828
2013-10-10$62.26$55.0039.2%10.0%16.1%38.0%34.8%3.0%-2.6%10.7M-298.7M-1.7M0.292.40N/AN/A10,5373,076139,177128,869
2013-10-11$62.17$55.0035.9%9.8%15.6%29.4%34.8%2.7%-2.2%8.6M-295.3M-1.7M0.962.85N/AN/A13,57013,043140,040129,485
2013-10-14$63.03$55.0036.0%9.9%16.1%29.7%35.3%3.2%-4.0%12.0M-339.8M-1.6M0.802.24N/AN/A7,3045,836136,142128,310
2013-10-15$62.69$55.0035.8%9.8%16.2%35.9%33.7%2.9%-4.2%12.0M-320.3M-1.6M0.952.04N/AN/A6,5946,270138,356129,969
2013-10-16$62.94$55.0035.1%9.7%16.2%33.8%33.1%2.6%-4.5%13.5M-339.6M-1.6M1.123.57N/AN/A24,57127,458141,273132,144
2013-10-17$68.50$55.0025.6%9.4%33.2%3.7%32.6%1.8%0.5%13.5M-743.3M-1.2M0.372.67N/AN/A50,50718,714145,145139,651
2013-10-18$68.73$55.0026.6%9.5%32.8%6.7%32.5%1.7%0.1%15.0M-738.0M-1.3M0.691.80N/AN/A26,22018,104147,741143,414
2013-10-21$69.71$55.0027.3%9.4%32.7%9.1%32.5%1.8%-0.5%5.0M-381.4M-1.3M0.511.86N/AN/A11,5535,88587,785109,609
2013-10-22$69.32$55.0027.7%9.4%33.0%10.4%35.8%1.3%-0.6%7.0M-376.4M-1.4M1.101.50N/AN/A12,48113,77492,930112,823
2013-10-23$68.24$55.0029.1%9.5%34.0%14.8%32.8%1.1%-1.1%5.4M-327.7M-1.5M0.492.05N/AN/A16,1477,85997,119115,660
2013-10-24$69.41$57.5030.6%9.6%34.0%19.5%33.3%1.8%-0.7%12.6M-406.5M-1.5M0.872.02N/AN/A15,46613,515104,793118,403
2013-10-25$69.02$57.5028.8%9.4%34.2%13.9%33.7%1.5%-0.7%39.1M-364.8M-1.5M0.782.12N/AN/A13,47110,521106,449126,160
2013-10-28$70.22$57.5028.9%9.4%33.9%14.1%35.7%1.5%-0.3%7.1M-385.6M-1.5M0.4713.21N/AN/A8,1253,84499,522123,813
2013-10-29$70.80$55.0027.6%9.3%33.9%9.9%33.3%1.0%0.0%9.1M-430.4M-1.5M0.902.23N/AN/A10,5209,495103,657125,192
2013-10-30$69.86$57.5026.8%9.2%34.2%7.2%32.0%1.2%0.1%8.7M-382.5M-1.6M0.202.01N/AN/A32,7976,626106,675129,161
2013-10-31$69.50$57.5026.9%9.2%34.4%7.7%32.8%1.5%0.2%6.5M-237.6M-1.5M0.382.05N/AN/A8,0903,07286,688131,445