SNDK Options History — September 2015

In September 2015, SNDK traded between $48.71 and $55.85. ATM implied volatility averaged 49.3%, placing in the 70.0% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded below realized volatility by 1.7% (HV 20d: 51.0%). Max pain ranged from $52.50 to $62.50. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.71.

Notable Days

  • 2015-09-30: Highest Volume — 46,527 contracts
  • 2015-09-30: Largest IV spike — 13.3% change
  • 2015-09-29: Highest IV Rank — 100.0%
  • 2015-09-01: Largest Expected Move — 16.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.21$48.71$55.85$52.90$54.45
Max Pain$61.55$52.50$62.50$52.50$62.50
ATM IV49.3%40.5%67.9%54.1%67.9%
Expected Move12.9%11.2%16.5%16.5%15.5%
HV 20d51.0%34.9%57.7%54.7%52.9%
HV 60d52.9%51.6%57.7%51.6%57.7%
IV Rank70.0%46.5%100.0%84.3%100.0%
IV Percentile94.3%77.0%100.0%99.2%100.0%
Term Structure1.4%-4.1%10.4%-0.7%-4.1%
VWIV45.8%39.4%58.8%58.8%54.0%
Skew 25d6.0%3.1%8.1%7.5%5.5%
Skew 10d13.0%8.4%20.0%14.2%14.8%
Call IV 25d47.5%38.3%63.7%53.0%63.7%
Put IV 25d53.5%43.3%69.3%60.6%69.3%
Bid-Ask Spread %22.519.2357.9513.0231.36
Gamma HHI0.060.050.100.050.05
Net GEX202.4K-3.5M2.5M-28.5K-99.8K
Net DEX278.9M196.2M396.1M258.4M242.5M
Net VEX-1.6M-1.9M-1.2M-1.9M-1.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.291.350.480.56
Total Volume17,193.1434,55946,52721,85146,527
Total OI285,268.81269,880295,454280,991283,411

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-09-01$52.90$52.5054.1%16.5%54.7%84.3%58.8%7.5%-0.7%-28.5K258.4M-1.9M0.4813.02N/AN/A14,7427,109146,833134,158
2015-09-02$53.93$52.5049.1%14.0%55.3%70.8%50.1%6.8%-1.6%1.1M238.7M-1.9M0.5116.97N/AN/A11,4985,891151,821134,654
2015-09-03$54.17$62.5045.6%12.8%55.3%61.3%45.8%3.1%-1.0%2.0M225.3M-1.9M0.5957.95N/AN/A10,6946,268155,536134,809
2015-09-04$53.07$62.5047.9%13.5%55.5%67.0%54.2%5.4%-1.3%814.1K256.7M-1.8M1.1851.79N/AN/A8,5089,998156,957135,482
2015-09-08$55.85$62.5046.4%13.0%57.7%63.0%46.5%7.1%-1.1%1.9M196.2M-1.9M0.5124.58N/AN/A5,3372,701152,577132,546
2015-09-09$54.48$62.5043.6%12.8%57.2%55.1%45.4%4.6%1.3%1.8M229.3M-1.8M0.9013.88N/AN/A7,5856,813154,507133,837
2015-09-10$54.49$62.5044.6%12.7%57.2%58.0%45.7%5.9%-0.3%1.8M237.4M-1.8M0.9022.71N/AN/A7,1936,446155,285135,271
2015-09-11$54.76$62.5043.4%12.6%56.8%54.6%44.6%6.1%0.4%680.2K235.7M-1.8M0.7020.83N/AN/A9,3416,556154,773136,099
2015-09-14$55.32$62.5044.3%12.8%57.0%57.2%44.5%5.4%8.8%1.9M221.7M-1.8M1.3518.87N/AN/A6,2938,491152,439133,547
2015-09-15$55.72$62.5042.3%12.2%57.1%51.6%42.6%5.5%8.7%2.3M213.7M-1.8M0.4917.53N/AN/A3,0641,495153,749135,921
2015-09-16$55.81$62.5040.5%11.6%56.6%46.5%41.1%5.3%9.6%2.5M219.7M-1.7M0.6014.05N/AN/A9,5015,687154,369136,491
2015-09-17$54.67$62.5040.9%11.2%53.3%47.7%39.4%5.0%10.4%1.4M252.9M-1.7M0.5515.73N/AN/A9,4525,244157,394137,174
2015-09-18$52.60$62.5044.0%11.5%48.5%56.2%41.0%6.3%10.2%-969.0K319.0M-1.5M0.7611.75N/AN/A12,1809,292158,074137,380
2015-09-21$52.90$62.5048.8%11.6%47.8%69.6%40.3%3.9%-0.8%-363.6K308.5M-1.5M0.2915.40N/AN/A17,3405,103141,317128,563
2015-09-22$51.75$62.5052.5%12.0%47.8%79.9%41.7%6.6%-0.7%-180.6K330.7M-1.4M0.6826.56N/AN/A9,1336,235146,534129,331
2015-09-23$51.00$62.5053.6%12.0%47.0%82.8%42.2%6.9%-1.3%-1.2M354.5M-1.4M0.579.23N/AN/A7,9744,553148,240131,004
2015-09-24$51.08$62.5053.9%12.1%42.9%83.5%42.9%6.9%-1.2%-1.4M356.9M-1.3M0.8810.66N/AN/A8,7297,668148,501131,556
2015-09-25$50.90$62.5054.3%11.8%36.6%84.6%41.9%6.7%-1.6%-3.2M366.9M-1.3M0.6812.46N/AN/A10,9217,410148,578134,722
2015-09-28$48.75$62.5058.3%13.9%39.4%95.6%51.3%8.1%-2.1%-3.0M395.6M-1.2M1.0042.96N/AN/A9,4239,436142,383133,265
2015-09-29$48.71$62.5059.9%13.9%34.9%100.0%48.6%7.4%-3.0%-3.5M396.1M-1.2M0.7524.52N/AN/A7,5405,685144,125137,432
2015-09-30$54.45$62.5067.9%15.5%52.9%100.0%54.0%5.5%-4.1%-99.8K242.5M-1.6M0.5631.36N/AN/A29,90916,618145,287138,124