SECT Options History — June 2022

In June 2022, SECT traded between $35.29 and $40.34. ATM implied volatility averaged 48.1%, placing in the 63.7% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 17.2% (HV 20d: 30.9%). Max pain ranged from $38.00 to $38.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 2.94.

Notable Days

2022-06-13: Highest Volume — 44 contracts
2022-06-06: Largest IV spike — 96.1% change
2022-06-06: Highest IV Rank — 99.1%
2022-06-16: Largest Expected Move — 17.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$37.65	$35.29	$40.34	$39.83	$36.21
Max Pain	$38.00	$38.00	$38.00	$38.00	$38.00
ATM IV	48.1%	29.4%	69.4%	50.2%	41.0%
Expected Move	12.6%	7.5%	17.0%	14.4%	11.8%
HV 20d	30.9%	25.4%	34.7%	34.7%	32.2%
HV 60d	27.7%	25.5%	29.7%	26.1%	29.7%
IV Rank	63.7%	32.5%	99.1%	67.0%	51.8%
IV Percentile	85.1%	47.6%	99.6%	91.3%	75.8%
Term Structure	-11.2%	-24.7%	3.4%	-12.8%	-2.1%
VWIV	25.4%	25.4%	25.4%	25.4%	25.4%
Skew 25d	11.2%	1.3%	34.3%	18.8%	18.1%
Skew 10d	2.4%	-2.8%	10.3%	4.1%	-1.4%
Call IV 25d	28.5%	15.0%	42.1%	15.0%	16.7%
Put IV 25d	39.7%	33.5%	51.9%	33.9%	34.8%
Bid-Ask Spread %	136.26	99.30	147.71	115.95	99.30
Gamma HHI	0.60	0.23	1.00	0.23	1.00
Net GEX	-2.6K	-10.8K	-683	-1.4K	-831
Net DEX	38.2K	3.2K	174.6K	11.1K	13.1K
Net VEX	-130	-256	-62	-256	-62
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.94	2.91	3.00	2.91	3.00
Total Volume	30.667	10	44	43	10
Total OI	58.476	10	89	88	10

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-06-01	$39.83	$38.00	50.2%	14.4%	34.7%	67.0%	25.4%	18.8%	-12.8%	-1.4K	11.1K	-256	2.91	115.95	N/A	N/A	11	32	34	54
2022-06-02	$40.08	$0.00	55.0%	11.3%	32.9%	75.1%	0.0%	12.5%	-5.4%	-1.7K	14.3K	-254	2.91	145.13	N/A	N/A	11	32	34	54
2022-06-03	$39.77	$0.00	35.4%	7.5%	29.4%	42.5%	0.0%	9.8%	-2.5%	-895	7.0K	-201	2.91	130.24	N/A	N/A	11	32	34	54
2022-06-06	$39.81	$0.00	69.4%	12.5%	29.4%	99.1%	0.0%	9.9%	-7.4%	-968	8.7K	-238	2.91	144.97	N/A	N/A	11	32	34	54
2022-06-07	$40.34	$0.00	64.5%	8.8%	25.4%	90.8%	0.0%	11.0%	3.4%	-1.2K	3.2K	-199	2.91	142.03	N/A	N/A	11	32	34	54
2022-06-08	$40.07	$0.00	34.8%	10.0%	25.7%	41.6%	0.0%	11.3%	-10.8%	-739	3.3K	-187	2.91	139.69	N/A	N/A	11	32	34	54
2022-06-09	$39.29	$0.00	41.1%	11.8%	26.1%	52.0%	0.0%	6.6%	-8.9%	-1.5K	13.4K	-195	2.91	144.07	N/A	N/A	11	32	34	54
2022-06-10	$38.15	$0.00	53.4%	15.3%	28.4%	72.5%	0.0%	24.3%	-24.7%	-9.2K	43.7K	-128	2.91	141.25	N/A	N/A	11	32	34	54
2022-06-13	$36.32	$0.00	44.3%	12.7%	31.3%	57.3%	0.0%	11.9%	-10.4%	-5.9K	92.1K	-148	3.00	134.84	N/A	N/A	11	33	34	54
2022-06-14	$36.38	$0.00	37.1%	10.6%	31.3%	45.3%	0.0%	7.4%	-4.9%	-10.8K	110.4K	-122	3.00	128.63	N/A	N/A	11	33	34	55
2022-06-15	$36.91	$0.00	44.1%	12.6%	30.6%	57.0%	0.0%	8.2%	-10.7%	-5.5K	85.0K	-129	3.00	135.43	N/A	N/A	11	33	34	55
2022-06-16	$35.29	$0.00	59.3%	17.0%	32.0%	82.3%	0.0%	9.3%	-13.9%	-7.5K	129.6K	-95	3.00	145.84	N/A	N/A	11	33	34	55
2022-06-17	$35.44	$0.00	52.8%	15.2%	32.0%	71.5%	0.0%	5.2%	-8.6%	-687	174.6K	-69	3.00	145.34	N/A	N/A	11	33	34	55
2022-06-21	$36.36	$0.00	54.3%	15.6%	33.5%	73.8%	0.0%	34.3%	-15.8%	-683	14.2K	-68	0.00	143.49	N/A	N/A	0	10	0	10
2022-06-22	$36.30	$0.00	45.3%	13.0%	31.9%	59.0%	0.0%	12.0%	-17.2%	-951	14.3K	-67	0.00	138.11	N/A	N/A	0	10	0	10
2022-06-23	$36.06	$0.00	29.4%	8.4%	31.9%	32.5%	0.0%	8.3%	-3.8%	-833	14.7K	-67	0.00	133.55	N/A	N/A	0	10	0	10
2022-06-24	$37.17	$0.00	55.3%	15.9%	33.6%	75.7%	0.0%	1.3%	-15.3%	-947	13.0K	-64	0.00	147.71	N/A	N/A	0	10	0	10
2022-06-27	$37.41	$0.00	53.9%	15.5%	33.1%	73.3%	0.0%	6.3%	-22.7%	-774	11.5K	-63	0.00	137.57	N/A	N/A	0	10	0	10
2022-06-28	$36.87	$0.00	43.9%	12.6%	32.1%	56.7%	0.0%	2.6%	-23.7%	-816	12.0K	-62	0.00	135.87	N/A	N/A	0	10	0	10
2022-06-29	$36.63	$0.00	46.2%	13.3%	32.1%	60.5%	0.0%	5.5%	-16.2%	-798	12.7K	-63	0.00	132.47	N/A	N/A	0	10	0	10
2022-06-30	$36.21	$0.00	41.0%	11.8%	32.2%	51.8%	0.0%	18.1%	-2.1%	-831	13.1K	-62	0.00	99.30	N/A	N/A	0	10	0	10