SNDK Options History — December 2015

In December 2015, SNDK traded between $74.17 and $76.28. ATM implied volatility averaged 23.3%, placing in the 11.7% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 9.6% (HV 20d: 13.7%). Max pain ranged from $67.50 to $75.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 1.82.

Notable Days

  • 2015-12-01: Highest Volume — 29,428 contracts
  • 2015-12-28: Largest IV drop — 26.3% change
  • 2015-12-24: Highest IV Rank — 26.6%
  • 2015-12-24: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$75.29$74.17$76.28$75.88$76.28
Max Pain$68.18$67.50$75.00$75.00$67.50
ATM IV23.3%18.9%30.9%18.9%21.7%
Expected Move7.5%5.1%11.4%5.5%11.3%
HV 20d13.7%10.0%14.6%14.0%10.0%
HV 60d39.9%29.7%44.3%44.3%29.7%
IV Rank11.7%3.1%26.6%3.1%8.6%
IV Percentile13.3%3.6%52.0%3.6%7.5%
Term Structure-0.3%-16.6%9.3%0.6%0.4%
VWIV25.4%18.0%35.7%32.1%28.6%
Skew 25d12.0%1.2%27.6%8.2%14.9%
Skew 10d23.1%8.2%44.2%13.4%34.1%
Call IV 25d23.8%14.5%35.7%14.5%22.9%
Put IV 25d35.8%22.2%60.0%22.8%37.8%
Bid-Ask Spread %94.4777.51117.33117.33108.39
Gamma HHI0.130.100.210.100.12
Net GEX1.9M-47.9K4.7M4.7M2.4M
Net DEX-180.7M-221.0M-137.8M-215.4M-199.0M
Net VEX-1.5M-1.8M-1.2M-1.5M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.820.657.227.221.12
Total Volume8,356.95552529,42829,4289,182
Total OI239,479.091211,726248,380211,726235,414

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-12-01$75.88$75.0018.9%5.5%14.0%3.1%32.1%8.2%0.6%4.7M-215.4M-1.5M7.22117.33N/AN/A3,58225,846115,02096,706
2015-12-02$75.08$75.0021.6%5.1%14.2%8.5%22.5%8.8%4.8%1.4M-171.7M-1.8M1.37110.14N/AN/A2,6353,614117,834122,168
2015-12-03$74.90$67.5022.6%6.4%14.1%10.4%25.9%9.3%-0.4%1.3M-176.9M-1.8M1.4285.71N/AN/A2,3663,348118,356122,841
2015-12-04$75.31$67.5020.6%7.6%14.3%6.5%25.7%14.0%-0.5%1.5M-204.2M-1.8M1.3683.44N/AN/A2,3603,210118,339123,270
2015-12-07$75.10$67.5021.9%6.5%14.2%8.9%23.8%4.6%0.4%677.1K-177.6M-1.6M5.9184.27N/AN/A76449118,293122,840
2015-12-08$75.33$67.5022.5%6.3%14.3%10.2%25.7%4.1%0.5%512.3K-184.2M-1.6M1.6686.34N/AN/A2,2953,811118,305123,211
2015-12-09$75.14$67.5022.8%7.2%13.1%10.7%35.7%9.2%0.4%222.2K-156.3M-1.6M1.7779.94N/AN/A2,4874,409118,401124,467
2015-12-10$75.75$67.5022.9%7.3%13.3%11.0%22.0%1.2%2.9%504.7K-180.7M-1.5M1.0977.51N/AN/A2,7232,956118,763126,198
2015-12-11$74.80$67.5022.2%6.7%13.7%9.6%24.7%18.6%-0.3%1.7M-178.7M-1.7M1.7378.88N/AN/A2,9725,141118,867126,330
2015-12-14$75.23$67.5023.7%7.0%13.5%12.5%28.2%14.7%-1.9%322.4K-169.3M-1.6M1.5986.73N/AN/A2,7304,329118,964127,987
2015-12-15$75.70$67.5022.6%6.5%13.5%10.3%21.8%15.6%-0.5%3.8M-193.1M-1.5M1.4679.61N/AN/A2,6813,919119,017128,309
2015-12-16$75.61$67.5024.8%7.1%13.4%14.6%26.7%20.1%0.3%1.8M-192.3M-1.5M1.6385.40N/AN/A2,5724,186119,168128,430
2015-12-17$75.08$67.5022.9%6.4%13.5%11.0%23.3%12.4%2.8%-47.9K-169.9M-1.5M1.7390.79N/AN/A2,5374,396119,252128,605
2015-12-18$74.17$67.5021.9%5.4%14.1%9.1%22.0%21.8%9.3%1.8M-137.8M-1.5M0.6582.76N/AN/A7,2254,708119,307129,073
2015-12-21$74.40$67.5025.8%6.9%14.2%16.6%25.5%14.8%-2.0%2.1M-152.8M-1.6M1.17105.33N/AN/A3,5294,124114,157122,174
2015-12-22$74.55$67.5030.2%7.0%14.1%25.2%23.4%5.4%-3.5%2.3M-155.6M-1.6M1.28107.24N/AN/A3,2864,219114,538122,175
2015-12-23$75.33$67.5024.7%10.0%14.6%14.4%18.0%27.6%-2.7%4.5M-182.5M-1.2M1.17103.78N/AN/A4,1424,852111,195122,320
2015-12-24$75.28$67.5030.9%11.4%14.6%26.6%23.3%22.6%-16.6%2.6M-183.2M-1.4M1.16107.13N/AN/A4,2634,956111,156123,138
2015-12-28$75.27$67.5022.8%8.5%14.6%10.7%25.9%4.1%0.1%3.3M-191.2M-1.3M1.23105.95N/AN/A4,1445,112111,133123,056
2015-12-29$75.90$67.5022.9%9.2%14.3%10.9%28.3%5.5%-1.8%2.0M-181.4M-1.4M1.18106.80N/AN/A4,0974,846111,258123,559
2015-12-30$76.27$67.5021.2%8.8%10.8%7.6%25.5%7.1%0.3%3.0M-221.0M-1.2M1.14104.81N/AN/A4,4575,081111,291123,655
2015-12-31$76.28$67.5021.7%11.3%10.0%8.6%28.6%14.9%0.4%2.4M-199.0M-1.3M1.12108.39N/AN/A4,3314,851111,426123,988