SNDK Options History — February 2016

In February 2016, SNDK traded between $66.66 and $72.44. ATM implied volatility averaged 58.5%, placing in the 58.8% IV rank vs the trailing year. The 30-day expected move averaged 16.3%. IV traded above realized volatility by 6.0% (HV 20d: 52.5%). Max pain ranged from $60.00 to $65.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 1.04.

Notable Days

  • 2016-02-23: Highest Volume — 44,059 contracts
  • 2016-02-08: Largest IV spike — 44.4% change
  • 2016-02-01: Highest IV Rank — 100.0%
  • 2016-02-22: Largest Expected Move — 21.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$69.07$66.66$72.44$70.75$72.44
Max Pain$62.00$60.00$65.00$65.00$65.00
ATM IV58.5%32.6%87.5%87.5%32.6%
Expected Move16.3%9.4%21.4%14.2%9.9%
HV 20d52.5%25.7%61.8%61.4%25.7%
HV 60d37.0%36.3%38.8%36.3%38.4%
IV Rank58.8%21.8%100.0%100.0%21.8%
IV Percentile89.1%52.0%100.0%100.0%52.0%
Term Structure-1.9%-11.7%9.6%9.6%0.7%
VWIV59.5%36.6%89.3%43.7%36.6%
Skew 25d28.6%20.1%40.5%23.7%23.3%
Skew 10d45.6%30.9%66.0%30.9%48.9%
Call IV 25d39.6%19.7%49.2%33.2%19.7%
Put IV 25d68.2%43.0%81.5%56.9%43.0%
Bid-Ask Spread %80.8950.32110.6686.72110.66
Gamma HHI0.160.130.190.180.15
Net GEX2.3M-2.3M7.2M2.5M7.2M
Net DEX18.0M-148.2M150.0M-35.6M-148.2M
Net VEX-3.0M-3.3M-2.5M-3.3M-2.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.040.442.960.721.68
Total Volume14,406.554,63144,05916,41513,676
Total OI279,228.7253,373309,154253,373309,154

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-02-01$70.75$65.0087.5%14.2%61.4%100.0%43.7%23.7%9.6%2.5M-35.6M-3.3M0.7286.72N/AN/A9,5546,86195,762157,611
2016-02-02$70.55$65.0055.5%13.5%61.4%54.4%45.1%20.8%5.0%2.6M-3.3M-3.1M1.0293.18N/AN/A5,8195,93599,690159,052
2016-02-03$69.86$65.0055.0%16.2%61.4%53.8%49.7%20.1%-3.5%1.8M5.5M-3.1M0.4595.20N/AN/A8,8623,96998,274159,789
2016-02-04$69.72$60.0053.8%13.8%61.4%52.0%46.0%27.5%2.4%2.7M-12.9M-3.1M2.3776.79N/AN/A2,9607,020104,048159,970
2016-02-05$68.85$60.0049.0%14.7%61.5%45.3%49.9%29.3%2.3%2.4M35.5M-3.1M0.6284.50N/AN/A10,8466,724103,555163,550
2016-02-08$67.84$60.0070.8%17.6%61.5%76.3%64.5%27.8%-7.7%1.7M50.7M-3.2M0.7279.08N/AN/A9,9427,165111,440166,256
2016-02-09$66.66$60.0059.7%17.6%61.7%60.4%71.7%27.9%-1.8%918.4K81.1M-3.1M0.5474.07N/AN/A6,7693,683112,050167,796
2016-02-10$67.37$60.0064.6%18.5%61.8%67.4%63.6%29.7%-9.3%2.1M61.3M-3.2M0.4473.21N/AN/A6,6542,917112,960168,128
2016-02-11$67.01$60.0067.8%19.4%60.6%72.0%66.3%34.8%-11.7%1.3M72.0M-3.2M0.5180.85N/AN/A7,6083,853113,902168,455
2016-02-12$67.46$60.0067.9%19.5%58.4%72.2%68.3%29.3%-10.7%1.9M57.6M-3.1M0.6081.50N/AN/A5,8493,501115,202169,614
2016-02-16$68.00$60.0061.5%17.6%57.1%63.0%70.6%29.4%0.3%3.0M52.3M-3.1M1.2084.38N/AN/A2,1092,522115,129169,271
2016-02-17$68.50$60.0066.9%19.2%57.2%70.6%63.1%29.7%-6.0%4.5M24.2M-3.0M0.9172.79N/AN/A3,1412,865115,222169,395
2016-02-18$69.74$60.0062.9%18.0%56.1%65.0%60.4%32.2%-8.0%6.0M-14.4M-3.1M0.6172.05N/AN/A3,8772,376115,695170,068
2016-02-19$68.99$60.0060.0%18.1%54.6%60.9%62.4%25.3%-8.3%236.8K9.6M-3.0M0.7065.62N/AN/A5,6573,983116,772169,987
2016-02-22$67.50$60.0061.8%21.4%54.9%63.5%79.5%31.9%-0.7%-782.6K95.4M-2.9M1.4250.32N/AN/A6,2578,89698,787158,702
2016-02-23$66.69$65.0060.5%19.1%35.5%61.5%89.3%34.0%3.2%-2.3M150.0M-2.7M2.9668.61N/AN/A11,13132,928101,903164,203
2016-02-24$69.96$65.0050.7%16.9%33.9%47.6%65.3%40.5%4.4%100.8K38.8M-2.8M0.7375.25N/AN/A12,4689,120105,825187,539
2016-02-25$71.38$65.0042.7%11.4%34.3%36.2%46.9%24.3%-0.1%3.2M-56.2M-2.9M1.6684.56N/AN/A7,38612,289109,812191,900
2016-02-26$72.19$65.0039.4%9.4%30.4%31.5%47.3%30.6%1.1%5.7M-103.9M-2.8M0.87108.44N/AN/A11,1879,772111,295196,811
2016-02-29$72.44$65.0032.6%9.9%25.7%21.8%36.6%23.3%0.7%7.2M-148.2M-2.5M1.68110.66N/AN/A5,0988,578110,114199,040