SNDK Options History — April 2014

In April 2014, SNDK traded between $73.65 and $85.19. ATM implied volatility averaged 33.0%, placing in the 29.0% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded below realized volatility by 3.0% (HV 20d: 36.0%). Max pain ranged from $72.50 to $72.50. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.03.

Notable Days

  • 2014-04-17: Highest Volume — 60,426 contracts
  • 2014-04-17: Largest IV drop — 25.7% change
  • 2014-04-11: Highest IV Rank — 56.4%
  • 2014-04-11: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$80.88$73.65$85.19$83.12$84.97
Max Pain$72.50$72.50$72.50$72.50$72.50
ATM IV33.0%26.0%41.1%35.7%26.2%
Expected Move8.9%8.6%9.3%8.7%8.7%
HV 20d36.0%25.6%44.5%25.9%42.2%
HV 60d28.4%23.9%32.3%26.4%30.4%
IV Rank29.0%6.6%56.4%36.5%7.2%
IV Percentile59.6%17.5%96.0%79.0%19.4%
Term Structure-1.0%-2.5%0.5%-1.6%0.3%
VWIV31.8%28.6%36.6%32.0%28.6%
Skew 25d4.1%2.6%5.8%5.4%3.1%
Skew 10d8.0%4.5%12.6%10.2%6.2%
Call IV 25d31.4%25.0%39.4%32.9%25.2%
Put IV 25d35.5%28.0%44.8%38.2%28.3%
Bid-Ask Spread %5.353.4717.263.474.57
Gamma HHI0.100.070.340.080.10
Net GEX3.9M-8.8M9.8M8.0M8.6M
Net DEX-230.8M-507.7M27.2M-360.8M-301.1M
Net VEX-1.8M-1.9M-1.8M-1.8M-1.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.472.221.730.56
Total Volume17,541.4293,26760,42614,7853,993
Total OI168,220.095141,942202,298167,985147,916

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-04-01$83.12$72.5035.7%8.7%25.9%36.5%32.0%5.4%-1.6%8.0M-360.8M-1.8M1.733.47N/AN/A5,4239,36282,08685,899
2014-04-02$82.36$72.5035.8%8.6%26.3%36.9%31.2%5.1%-1.1%6.1M-315.5M-1.8M2.223.52N/AN/A3,7278,26784,24091,872
2014-04-03$82.22$72.5036.9%8.7%25.6%40.3%30.7%4.9%-1.7%3.7M-299.0M-1.8M2.094.46N/AN/A3,9618,28785,08296,122
2014-04-04$80.95$72.5038.1%8.8%25.7%44.0%31.0%3.7%-2.1%-8.8M-229.5M-1.8M2.025.44N/AN/A12,20224,62587,231100,216
2014-04-07$77.54$72.5039.3%9.0%30.7%47.9%31.4%4.3%-1.9%733.9K-103.7M-1.8M1.334.82N/AN/A9,60312,78581,38491,541
2014-04-08$78.74$72.5038.3%9.0%31.1%44.6%32.2%4.7%-1.6%1.3M-154.4M-1.8M0.694.12N/AN/A5,6943,93584,02494,394
2014-04-09$78.66$72.5037.9%9.0%31.1%43.3%33.4%4.7%-1.5%1.4M-154.9M-1.9M0.614.29N/AN/A3,5182,14586,18195,116
2014-04-10$75.69$72.5039.3%9.1%33.6%50.6%32.1%4.5%-1.6%-1.6M-29.1M-1.8M1.124.54N/AN/A9,64810,85388,02395,760
2014-04-11$73.65$72.5041.1%9.3%35.1%56.4%32.1%5.3%-2.5%-671.4K27.2M-1.8M1.676.38N/AN/A8,06313,43189,99493,716
2014-04-14$74.65$72.5037.5%9.1%34.7%44.7%36.6%5.8%-1.0%2.2M-60.8M-1.8M0.955.78N/AN/A8,3197,91083,60486,374
2014-04-15$75.34$72.5036.4%9.1%31.5%40.9%32.7%4.9%-0.9%2.9M-91.9M-1.8M0.476.68N/AN/A7,1093,31087,74089,155
2014-04-16$75.85$72.5037.4%9.2%31.2%44.1%34.3%4.7%-1.9%4.2M-123.5M-1.8M0.9717.26N/AN/A24,21423,49188,49787,321
2014-04-17$82.99$72.5027.8%8.8%44.4%12.4%30.6%2.6%0.5%9.8M-507.7M-1.8M0.615.51N/AN/A37,49422,932101,959100,339
2014-04-21$83.65$72.5027.3%8.9%44.3%10.7%30.8%3.8%-0.6%5.3M-275.6M-1.9M0.584.85N/AN/A8,3734,83874,39567,547
2014-04-22$84.80$72.5026.2%8.8%44.5%7.4%31.9%2.7%-0.5%7.0M-324.9M-1.9M0.514.08N/AN/A12,0636,15478,01570,539
2014-04-23$84.65$72.5026.0%8.8%44.5%6.6%33.0%3.3%-0.0%5.3M-317.4M-1.9M0.814.28N/AN/A3,1562,55680,19773,819
2014-04-24$85.19$72.5026.1%8.8%44.2%6.8%30.3%2.9%-0.2%6.9M-343.7M-1.9M0.584.63N/AN/A5,9013,39980,99274,747
2014-04-25$84.35$72.5026.7%8.8%43.9%8.9%30.3%2.9%-0.3%6.1M-312.2M-1.9M0.804.37N/AN/A7,7086,16182,00875,540
2014-04-28$84.38$72.5027.2%8.8%43.0%10.7%30.7%2.8%0.1%6.6M-280.0M-1.9M0.504.50N/AN/A6,9873,50675,78466,483
2014-04-29$84.66$72.5026.6%8.8%43.0%8.6%31.8%3.0%0.1%7.8M-289.4M-1.9M0.824.81N/AN/A1,7941,47378,68868,082
2014-04-30$84.97$72.5026.2%8.7%42.2%7.2%28.6%3.1%0.3%8.6M-301.1M-1.9M0.564.57N/AN/A2,5571,43679,32168,595