SNDK Options History — January 2015

In January 2015, SNDK traded between $75.92 and $97.91. ATM implied volatility averaged 37.2%, placing in the 59.3% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded below realized volatility by 8.9% (HV 20d: 46.0%). Max pain ranged from $80.00 to $97.50. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.90.

Notable Days

  • 2015-01-22: Highest Volume — 82,010 contracts
  • 2015-01-22: Largest IV drop — 26.3% change
  • 2015-01-15: Highest IV Rank — 82.2%
  • 2015-01-14: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$84.47$75.92$97.91$97.91$75.92
Max Pain$89.00$80.00$97.50$97.50$80.00
ATM IV37.2%28.5%43.5%38.7%31.7%
Expected Move10.2%8.2%11.8%10.0%9.0%
HV 20d46.0%20.1%57.0%20.9%56.3%
HV 60d36.0%26.4%41.2%29.9%38.0%
IV Rank59.3%28.0%82.2%64.7%39.4%
IV Percentile82.8%57.9%98.0%90.5%63.1%
Term Structure-1.3%-3.0%1.1%-1.9%-0.0%
VWIV36.5%29.5%42.8%35.2%32.3%
Skew 25d3.7%0.6%5.7%4.9%0.6%
Skew 10d6.6%-0.1%11.7%7.9%0.6%
Call IV 25d36.3%28.2%42.5%37.9%32.0%
Put IV 25d40.0%30.8%47.3%42.9%32.6%
Bid-Ask Spread %14.398.4322.2714.3313.37
Gamma HHI0.090.050.130.090.11
Net GEX1.1M-7.7M17.9M14.4M-3.8M
Net DEX56.0M-361.9M342.1M-348.3M239.6M
Net VEX-2.6M-3.0M-2.3M-2.9M-2.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.900.521.800.780.58
Total Volume31,804.88,99182,01018,50832,359
Total OI247,831.65176,332300,074248,746239,792

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-01-02$97.91$97.5038.7%10.0%20.9%64.7%35.2%4.9%-1.9%14.4M-348.3M-2.9M0.7814.33N/AN/A10,4198,089138,292110,454
2015-01-05$95.33$97.5040.9%10.6%22.6%73.0%36.7%4.1%-2.0%10.0M-244.4M-2.8M1.1115.07N/AN/A4,2664,725136,201108,315
2015-01-06$95.46$97.5041.9%10.9%21.6%76.6%37.7%3.7%-2.8%10.0M-251.5M-2.9M0.6812.77N/AN/A11,5747,905136,792110,284
2015-01-07$94.77$97.5040.3%10.7%20.1%70.7%37.2%4.3%-1.9%8.9M-200.6M-2.9M0.5214.54N/AN/A11,2195,883141,171114,197
2015-01-08$97.41$97.5039.5%10.4%23.2%67.8%36.6%5.7%-2.9%17.9M-361.9M-2.9M0.9711.30N/AN/A12,64112,219147,214116,631
2015-01-09$97.12$97.5039.1%10.2%21.7%66.3%36.0%5.2%-1.4%8.3M-334.1M-3.0M0.6514.66N/AN/A18,74212,173150,596119,524
2015-01-12$83.57$97.5041.8%11.3%56.8%76.2%40.8%5.4%-2.1%-921.7K244.7M-2.4M1.4914.52N/AN/A22,99234,190146,425120,108
2015-01-13$81.39$95.0043.3%11.7%56.8%81.6%41.3%4.0%-2.6%-3.3M304.0M-2.4M1.139.94N/AN/A16,50818,639153,602131,902
2015-01-14$79.93$92.5042.6%11.8%56.9%78.9%41.5%5.5%-1.8%-4.3M339.0M-2.4M0.9110.55N/AN/A17,19715,577158,448136,312
2015-01-15$78.54$90.0043.5%11.7%57.0%82.2%41.4%4.8%-3.0%-4.0M342.1M-2.3M0.7511.76N/AN/A11,9158,938160,172136,836
2015-01-16$78.93$90.0042.0%11.7%56.0%76.8%42.6%4.5%-1.6%-4.4M336.6M-2.3M1.808.43N/AN/A10,04818,039161,500138,574
2015-01-20$78.80$85.0040.6%11.5%55.8%71.9%42.8%3.7%-1.4%-2.6M152.0M-2.4M0.8111.20N/AN/A16,90813,65089,58086,752
2015-01-21$80.44$85.0039.5%11.3%56.7%67.7%40.9%3.6%-1.2%-2.3M125.5M-2.5M0.9715.29N/AN/A31,96631,10097,90697,466
2015-01-22$79.12$80.0029.1%8.4%56.1%30.1%31.9%2.6%-0.4%-6.0M164.1M-2.5M1.7222.27N/AN/A30,12051,890118,584116,096
2015-01-23$79.52$80.0028.5%8.2%56.4%28.0%29.5%2.7%-0.1%-1.1M110.0M-2.5M0.6617.05N/AN/A25,19816,683123,992108,438
2015-01-26$80.35$80.0028.9%8.3%56.8%29.2%30.9%2.6%-0.2%-304.3K68.8M-2.6M0.7116.68N/AN/A10,4857,481120,30893,654
2015-01-27$79.00$80.0030.5%8.5%56.3%35.2%31.2%1.7%0.0%-3.0M116.2M-2.6M0.5221.50N/AN/A7,8234,061127,52797,421
2015-01-28$78.37$80.0029.6%8.6%56.3%31.7%31.6%2.1%1.1%-4.4M139.6M-2.6M0.6619.00N/AN/A17,42611,510132,18798,541
2015-01-29$77.44$80.0031.2%8.8%56.3%37.5%32.0%3.6%-0.8%-7.7M179.4M-2.5M0.6513.54N/AN/A20,38713,151133,162101,677
2015-01-30$75.92$80.0031.7%9.0%56.3%39.4%32.3%0.6%-0.0%-3.8M239.6M-2.4M0.5813.37N/AN/A20,50311,856135,428104,364