SNDK Options History — March 2015

In March 2015, SNDK traded between $63.76 and $87.07. ATM implied volatility averaged 34.0%, placing in the 47.9% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded below realized volatility by 4.3% (HV 20d: 38.3%). Max pain ranged from $80.00 to $85.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.70.

Notable Days

  • 2015-03-26: Highest Volume — 74,574 contracts
  • 2015-03-16: Largest IV spike — 12.8% change
  • 2015-03-26: Highest IV Rank — 79.3%
  • 2015-03-30: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$79.56$63.76$87.07$80.27$63.76
Max Pain$83.98$80.00$85.00$80.00$82.50
ATM IV34.0%27.8%42.7%28.3%39.6%
Expected Move10.8%8.2%13.2%8.2%13.1%
HV 20d38.3%22.9%80.7%22.9%80.1%
HV 60d42.9%38.0%58.2%38.3%58.2%
IV Rank47.9%25.4%79.3%26.9%68.2%
IV Percentile71.0%49.2%97.2%52.0%90.9%
Term Structure0.9%-2.5%8.7%-1.1%-1.7%
VWIV38.0%29.5%46.2%29.5%46.2%
Skew 25d1.6%-0.8%3.9%0.4%3.9%
Skew 10d3.2%-1.7%7.2%0.6%7.2%
Call IV 25d33.7%27.2%42.0%28.5%38.8%
Put IV 25d35.3%28.1%44.7%28.9%42.7%
Bid-Ask Spread %8.986.3116.1715.516.37
Gamma HHI0.080.040.340.050.06
Net GEX7.9M-3.6M26.1M7.0M-3.2M
Net DEX5.0M-278.1M399.1M1.4M380.7M
Net VEX-2.6M-2.9M-1.8M-2.5M-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.361.130.630.72
Total Volume21,782.4555,81774,57422,08229,975
Total OI235,166.273210,181274,109213,743274,109

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-03-02$80.27$80.0028.3%8.2%22.9%26.9%29.5%0.4%-1.1%7.0M1.4M-2.5M0.6315.51N/AN/A13,5468,536117,44896,295
2015-03-03$79.07$80.0028.6%8.4%23.6%28.1%29.9%-0.8%-0.9%7.6M42.1M-2.5M0.7216.17N/AN/A11,1798,075123,40594,856
2015-03-04$82.74$80.0028.3%8.4%27.2%27.1%29.9%1.2%-0.6%12.6M-135.4M-2.6M0.3613.98N/AN/A36,89713,383124,57495,636
2015-03-05$82.58$85.0027.8%9.9%26.9%25.4%34.8%0.6%-0.7%14.6M-151.0M-2.7M1.109.09N/AN/A9,23510,170134,324100,547
2015-03-06$80.68$85.0028.4%10.1%28.4%27.6%35.3%0.2%-0.3%15.2M-29.5M-2.6M1.058.65N/AN/A12,37712,958133,727103,443
2015-03-09$82.09$85.0028.1%10.0%28.4%26.3%35.5%2.0%7.1%6.4M-38.5M-2.7M0.718.99N/AN/A7,4065,263120,233103,274
2015-03-10$80.17$85.0028.7%10.5%29.8%28.6%36.7%1.0%8.5%2.2M47.7M-2.7M0.578.14N/AN/A6,4523,684123,495107,479
2015-03-11$82.73$85.0028.5%10.7%30.4%27.9%37.5%1.8%8.7%8.3M-72.7M-2.8M0.437.84N/AN/A17,1247,439125,404108,421
2015-03-12$83.75$85.0030.3%10.7%30.2%34.2%37.5%1.1%8.4%13.1M-122.4M-2.9M0.716.31N/AN/A5,2103,693130,730111,212
2015-03-13$83.82$85.0031.4%10.5%29.0%38.4%37.4%1.3%8.4%16.6M-130.3M-2.9M0.726.94N/AN/A4,6903,373132,708112,558
2015-03-16$83.76$85.0035.4%10.7%28.9%53.0%37.6%1.9%-1.3%9.7M-105.9M-2.8M0.497.32N/AN/A4,1722,056126,520109,591
2015-03-17$82.94$85.0037.0%10.9%29.0%58.7%38.0%2.0%-1.9%7.9M-66.6M-2.8M0.526.52N/AN/A3,8331,984127,427110,434
2015-03-18$82.90$85.0037.7%10.8%29.0%61.3%38.2%1.9%-1.1%8.0M-64.2M-2.7M0.719.25N/AN/A7,6165,440128,126110,916
2015-03-19$84.72$85.0037.2%10.7%29.9%59.4%37.8%2.2%-1.0%17.0M-161.8M-2.8M0.457.91N/AN/A9,0684,076132,561111,711
2015-03-20$87.07$85.0036.7%10.7%31.3%57.4%38.1%2.1%-1.9%26.1M-278.1M-2.8M0.498.44N/AN/A13,2996,548135,906111,914
2015-03-23$85.54$85.0037.1%11.2%31.4%59.0%39.6%2.1%-1.8%6.6M-111.8M-2.7M1.138.93N/AN/A3,9204,430115,29394,888
2015-03-24$84.75$85.0036.4%11.0%30.9%56.5%38.8%2.0%-1.2%4.8M-76.1M-2.7M0.788.13N/AN/A3,6712,876116,95396,815
2015-03-25$81.18$85.0038.5%11.7%34.6%64.2%41.1%1.7%0.3%977.1K56.7M-2.6M0.728.83N/AN/A12,2148,767118,45898,327
2015-03-26$66.21$85.0042.7%13.1%80.7%79.3%45.6%2.7%-1.9%-3.6M374.2M-1.8M0.897.72N/AN/A39,45135,123124,948102,884
2015-03-27$64.59$82.5041.0%12.9%80.0%73.4%45.9%2.1%-0.8%-2.4M399.1M-1.9M0.948.71N/AN/A25,38723,979143,486115,603
2015-03-30$64.96$82.5041.1%13.2%80.1%73.4%45.3%2.8%-2.5%-2.0M353.2M-2.0M0.537.71N/AN/A20,01610,623144,281122,738
2015-03-31$63.76$82.5039.6%13.1%80.1%68.2%46.2%3.9%-1.7%-3.2M380.7M-2.0M0.726.37N/AN/A17,38312,592149,167124,942