SNDK Options History — August 2014

In August 2014, SNDK traded between $90.79 and $99.03. ATM implied volatility averaged 23.6%, placing in the 6.9% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded below realized volatility by 10.4% (HV 20d: 34.0%). Max pain ranged from $72.50 to $100.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.71.

Notable Days

  • 2014-08-20: Highest Volume — 29,045 contracts
  • 2014-08-20: Largest IV spike — 8.5% change
  • 2014-08-05: Highest IV Rank — 16.3%
  • 2014-08-07: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$94.97$90.79$99.03$92.76$97.96
Max Pain$87.00$72.50$100.00$72.50$97.50
ATM IV23.6%20.8%26.9%26.8%22.1%
Expected Move8.8%8.4%9.3%9.1%8.5%
HV 20d34.0%17.5%55.1%54.4%17.8%
HV 60d35.4%35.1%35.8%35.7%35.2%
IV Rank6.9%0.0%16.3%16.0%5.7%
IV Percentile12.9%0.0%43.7%42.1%2.4%
Term Structure0.3%-0.7%1.6%0.1%0.3%
VWIV31.2%27.2%34.5%30.6%34.5%
Skew 25d2.0%0.7%3.5%1.0%1.5%
Skew 10d4.1%0.3%7.3%1.9%1.8%
Call IV 25d23.1%20.0%27.0%26.5%21.6%
Put IV 25d25.1%22.0%28.5%27.5%23.1%
Bid-Ask Spread %6.313.548.695.908.69
Gamma HHI0.120.080.250.110.09
Net GEX13.7M-1.5M30.0M5.4M22.7M
Net DEX-398.2M-653.3M-122.8M-224.7M-593.3M
Net VEX-3.8M-3.9M-3.6M-3.6M-3.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.231.270.970.65
Total Volume11,733.4765,21629,04514,5988,463
Total OI265,638.19241,421280,018264,175270,371

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-08-01$92.76$72.5026.8%9.1%54.4%16.0%30.6%1.0%0.1%5.4M-224.7M-3.6M0.975.90N/AN/A7,3977,201150,367113,808
2014-08-04$94.07$72.5026.4%8.9%54.9%13.6%32.0%3.5%-0.2%9.6M-324.4M-3.6M1.274.97N/AN/A7,3619,330145,539110,721
2014-08-05$92.85$75.0026.9%9.0%54.7%16.3%32.8%0.7%-0.7%5.9M-238.1M-3.8M1.045.19N/AN/A5,0205,245147,740118,124
2014-08-06$93.03$80.0026.3%9.1%54.7%13.4%30.6%2.1%0.2%7.1M-255.8M-3.8M0.235.39N/AN/A9,1772,140149,610120,372
2014-08-07$90.79$80.0026.7%9.3%55.1%15.4%33.5%1.3%0.5%-1.5M-122.8M-3.8M0.496.50N/AN/A11,3235,586153,297121,339
2014-08-08$91.43$80.0026.4%9.2%54.9%13.7%34.0%1.4%0.3%2.3M-163.7M-3.8M0.726.24N/AN/A9,3046,655156,510123,508
2014-08-11$92.38$80.0025.7%9.1%55.1%10.1%30.0%2.3%-0.6%5.3M-228.5M-3.8M0.444.98N/AN/A6,8383,006151,242121,728
2014-08-12$91.40$80.0024.2%9.0%55.0%2.4%29.3%3.1%-0.4%-1.5M-173.9M-3.8M0.525.09N/AN/A5,3492,781153,149121,317
2014-08-13$92.94$80.0023.1%9.0%54.8%0.0%32.6%3.4%-0.2%9.8M-275.3M-3.9M0.945.61N/AN/A4,1623,895156,300122,003
2014-08-14$93.21$80.0022.7%8.9%18.2%0.0%32.9%1.2%0.7%13.1M-296.8M-3.8M0.506.09N/AN/A6,3523,153154,898121,261
2014-08-15$94.03$80.0022.3%8.8%17.7%0.0%31.1%2.3%-0.4%30.0M-347.0M-3.8M0.945.90N/AN/A5,5425,200156,487121,848
2014-08-18$94.27$0.0021.6%8.7%17.5%0.0%30.4%2.0%1.0%12.1M-375.9M-3.8M0.764.01N/AN/A3,7522,838138,000103,421
2014-08-19$95.30$100.0020.8%8.6%17.5%0.0%30.1%2.1%1.6%14.8M-436.8M-3.8M0.673.54N/AN/A10,3746,907139,443104,828
2014-08-20$97.68$97.5022.6%8.7%19.5%8.0%30.5%2.1%0.6%19.0M-582.6M-3.8M0.538.09N/AN/A19,00710,038142,583107,353
2014-08-21$97.65$97.5021.8%8.5%19.2%4.4%29.6%1.6%0.8%21.5M-582.8M-3.9M0.796.46N/AN/A5,4464,275149,057112,602
2014-08-22$98.00$97.5021.9%8.5%19.0%4.6%29.3%1.9%0.3%28.5M-610.7M-3.9M0.507.67N/AN/A8,3234,122150,437114,236
2014-08-25$99.03$97.5022.0%8.4%18.9%5.3%32.5%2.6%0.4%21.9M-653.3M-3.9M1.057.76N/AN/A5,3705,639147,058111,172
2014-08-26$98.54$97.5021.9%8.5%19.2%4.8%27.2%1.6%0.3%20.1M-621.1M-3.9M0.887.49N/AN/A2,7712,445148,936114,302
2014-08-27$98.84$97.5022.1%8.4%19.1%5.9%32.7%1.9%0.4%21.0M-640.0M-3.9M0.368.37N/AN/A5,4521,978150,495115,250
2014-08-28$98.30$97.5022.1%8.5%17.9%5.7%28.6%2.3%0.4%20.6M-613.9M-3.9M0.618.52N/AN/A4,4592,727151,497116,193
2014-08-29$97.96$97.5022.1%8.5%17.8%5.7%34.5%1.5%0.3%22.7M-593.3M-3.9M0.658.69N/AN/A5,1393,324153,343117,028