SECT Options History — September 2022

In September 2022, SECT traded between $35.65 and $39.92. ATM implied volatility averaged 38.1%, placing in the 33.5% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 16.9% (HV 20d: 21.2%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 6 of 21 days.

Notable Days

  • 2022-09-06: Highest Volume — 10 contracts
  • 2022-09-13: Largest IV spike — 143.2% change
  • 2022-09-13: Highest IV Rank — 100.0%
  • 2022-09-16: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.69$35.65$39.92$38.34$35.80
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV38.1%25.0%109.1%26.6%38.6%
Expected Move9.1%5.5%13.8%7.6%11.1%
HV 20d21.2%16.1%26.0%16.7%26.0%
HV 60d20.6%19.0%23.6%23.6%20.6%
IV Rank33.5%13.7%100.0%25.9%27.7%
IV Percentile52.1%19.0%100.0%28.6%64.3%
Term Structure-3.3%-20.6%9.0%-5.3%-3.7%
Skew 25d5.3%-6.6%20.8%-0.5%12.2%
Skew 10d5.8%0.0%26.3%9.1%0.3%
Call IV 25d24.3%16.2%33.7%29.0%23.8%
Put IV 25d29.6%19.8%46.4%28.4%36.0%
Bid-Ask Spread %132.84100.99149.46139.12125.94
Gamma HHI0.470.350.630.560.54
Net GEX-1.2K-2.1K-828-1.3K-1.1K
Net DEX11.8K6.6K17.8K7.7K15.9K
Net VEX-98-138-52-65-130
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1.90501000
Total OI30.28626362626

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$38.34$35.0026.6%7.6%16.7%25.9%0.0%-0.5%-5.3%-1.3K7.7K-650.00139.12N/AN/A00026
2022-09-02$38.16$35.0047.9%13.7%16.6%62.8%0.0%2.6%-20.6%-1.3K8.8K-810.00116.18N/AN/A00026
2022-09-06$37.95$0.0051.3%10.3%16.6%68.7%0.0%20.8%-3.5%-2.1K17.8K-1270.00131.68N/AN/A010036
2022-09-07$38.54$0.0028.8%5.5%17.5%29.8%0.0%6.3%2.7%-1.4K12.4K-1180.00130.41N/AN/A010036
2022-09-08$38.83$0.0029.3%8.9%16.1%30.6%0.0%5.9%-6.3%-1.2K9.0K-890.00136.39N/AN/A00036
2022-09-09$39.61$0.0041.3%5.7%17.8%51.4%0.0%1.2%5.0%-8638.0K-820.00116.95N/AN/A00036
2022-09-12$39.92$0.0044.9%6.3%17.5%57.5%0.0%9.3%9.0%-8287.3K-790.00144.71N/AN/A00036
2022-09-13$38.53$0.00109.1%12.3%21.3%100.0%0.0%6.7%-14.1%-1.9K14.2K-730.00145.66N/AN/A010036
2022-09-14$38.34$0.0026.5%7.6%21.3%15.3%0.0%8.6%-2.2%-1.4K10.7K-940.00125.35N/AN/A00036
2022-09-15$38.99$0.0028.5%8.2%22.0%17.3%0.0%4.6%7.4%-1.4K6.6K-610.00140.38N/AN/A00036
2022-09-16$38.09$0.0048.0%13.8%22.7%37.4%0.0%4.9%-14.3%-9298.4K-520.00146.13N/AN/A010036
2022-09-19$38.28$0.0025.0%7.2%22.7%13.7%0.0%5.1%-0.0%-9569.1K-870.00139.91N/AN/A00026
2022-09-20$38.05$0.0026.8%7.7%22.5%15.6%0.0%5.5%-2.1%-96511.0K-980.00136.42N/AN/A00026
2022-09-21$37.30$0.0032.5%9.3%23.3%21.4%0.0%-2.2%-9.0%-95311.5K-1100.00138.69N/AN/A00026
2022-09-22$37.08$0.0027.5%7.9%23.1%16.3%0.0%0.3%0.8%-1.4K12.4K-950.00138.92N/AN/A00026
2022-09-23$36.05$0.0047.2%13.5%24.2%36.6%0.0%10.4%-9.4%-1.1K13.7K-1170.00149.46N/AN/A00026
2022-09-26$35.65$0.0032.2%9.2%23.4%21.2%0.0%6.3%2.3%-1.2K17.3K-1380.00131.88N/AN/A00026
2022-09-27$35.66$0.0030.4%8.7%23.4%19.2%0.0%2.2%-1.3%-1.2K16.1K-1230.00127.78N/AN/A00026
2022-09-28$36.53$0.0026.1%7.5%25.3%14.8%0.0%7.8%-2.3%-1.3K14.4K-1180.00126.59N/AN/A00026
2022-09-29$35.77$0.0031.8%9.1%26.0%20.7%0.0%-6.6%-1.7%-1.2K16.6K-1280.00100.99N/AN/A00026
2022-09-30$35.80$0.0038.6%11.1%26.0%27.7%0.0%12.2%-3.7%-1.1K15.9K-1300.00125.94N/AN/A00026