SECT Options History — March 2022

In March 2022, SECT traded between $39.76 and $43.39. ATM implied volatility averaged 36.8%, placing in the 41.2% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 13.3% (HV 20d: 23.4%). Max pain ranged from $43.00 to $43.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 1.25.

Notable Days

  • 2022-03-01: Highest Volume — 9 contracts
  • 2022-03-09: Largest IV spike — 70.1% change
  • 2022-03-07: Highest IV Rank — 88.1%
  • 2022-03-09: Largest Expected Move — 21.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.75$39.76$43.39$41.11$42.69
Max Pain$43.00$43.00$43.00$43.00$43.00
ATM IV36.8%20.1%62.8%54.5%32.0%
Expected Move11.2%4.9%21.6%15.6%8.3%
HV 20d23.4%21.0%25.9%21.0%21.5%
HV 60d20.2%18.9%21.1%19.3%21.1%
IV Rank41.2%17.1%88.1%28.8%36.9%
IV Percentile69.9%23.0%99.2%96.4%65.9%
Term Structure-5.5%-17.9%10.1%-17.9%-4.5%
VWIV50.6%38.9%65.6%40.5%60.5%
Skew 25d13.9%1.5%32.1%18.9%2.2%
Skew 10d13.9%3.4%28.4%3.4%5.8%
Call IV 25d23.9%15.5%34.3%34.3%30.2%
Put IV 25d37.8%22.0%53.3%53.3%32.4%
Bid-Ask Spread %133.21112.68150.11131.08141.23
Gamma HHI0.760.561.000.561.00
Net GEX-521-3.1K0-3530
Net DEX8.3K018.0K10.5K0
Net VEX-8-250-250
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.251.251.251.251.25
Total Volume5.4780990
Total OI5.4780990

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$41.11$43.0054.5%15.6%21.0%28.8%40.5%18.9%-17.9%-35310.5K-251.25131.08N/AN/A4545
2022-03-02$42.07$43.0045.3%13.0%22.3%22.9%38.9%20.4%-12.2%-42210.2K-251.25132.30N/AN/A4545
2022-03-03$41.45$43.0051.9%14.9%22.7%69.9%39.2%32.1%-9.8%-46411.0K-231.25124.89N/AN/A4545
2022-03-04$41.04$43.0052.3%15.0%22.1%70.5%53.5%9.4%-6.0%-50512.1K-201.25133.86N/AN/A4545
2022-03-07$40.23$43.0062.8%18.0%22.8%88.1%53.6%24.8%-12.1%-44011.2K-181.25137.24N/AN/A4545
2022-03-08$40.31$43.0028.6%14.3%22.8%31.2%61.7%9.1%-3.4%-64315.4K-111.25138.63N/AN/A4545
2022-03-09$41.16$43.0048.7%21.6%24.0%64.6%65.6%23.8%-12.5%-40011.5K-171.25136.74N/AN/A4545
2022-03-10$40.87$43.0036.0%14.2%23.3%43.4%42.1%20.6%-6.0%-75815.9K-91.25123.55N/AN/A4545
2022-03-11$40.57$43.0040.4%19.9%22.7%50.8%60.5%16.1%-7.7%-61613.8K-121.25134.25N/AN/A4545
2022-03-14$39.76$0.0027.7%6.7%23.1%29.6%0.0%22.2%-4.3%-69616.5K-61.25114.56N/AN/A4545
2022-03-15$40.62$0.0037.8%8.5%24.7%46.5%0.0%18.9%-5.4%-69618.0K-41.25112.68N/AN/A4545
2022-03-16$41.30$0.0036.3%11.8%24.9%44.0%0.0%23.5%4.8%-1.1K16.3K-51.25118.45N/AN/A4545
2022-03-17$42.11$0.0021.3%10.0%25.9%19.0%0.0%15.6%10.1%-1.9K14.6K-41.25150.11N/AN/A4545
2022-03-18$42.65$0.0030.0%8.3%25.0%33.5%0.0%14.0%-1.7%-3.1K13.1K-11.25135.04N/AN/A4545
2022-03-21$42.40$0.0025.7%6.9%24.9%26.3%0.0%10.6%-2.9%0000.00132.00N/AN/A0000
2022-03-22$43.00$0.0020.1%4.9%25.3%17.1%0.0%8.1%-1.9%0000.00128.27N/AN/A0000
2022-03-23$42.38$0.0030.6%9.3%24.6%34.4%0.0%6.1%5.5%0000.00133.68N/AN/A0000
2022-03-24$42.66$0.0031.9%7.9%24.4%36.7%0.0%7.0%-3.1%0000.00138.38N/AN/A0000
2022-03-25$42.66$0.0027.3%6.3%23.3%29.0%0.0%2.7%-5.6%0000.00134.14N/AN/A0000
2022-03-28$42.91$0.0030.5%6.5%22.9%34.3%0.0%6.7%-7.4%0000.00139.76N/AN/A0000
2022-03-29$43.39$0.0036.3%7.4%23.0%44.0%0.0%5.5%-10.0%0000.00146.17N/AN/A0000
2022-03-30$42.91$0.0037.4%7.4%22.1%45.8%0.0%1.5%-11.9%0000.00146.83N/AN/A0000
2022-03-31$42.69$0.0032.0%8.3%21.5%36.9%0.0%2.2%-4.5%0000.00141.23N/AN/A0000