SECT Options History — November 2022

In November 2022, SECT traded between $37.96 and $40.93. ATM implied volatility averaged 38.8%, placing in the 27.9% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 13.7% (HV 20d: 25.1%). Max pain ranged from $33.00 to $33.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 4 of 21 days.

Notable Days

  • 2022-11-02: Largest IV spike — 92.2% change
  • 2022-11-03: Highest IV Rank — 44.0%
  • 2022-11-02: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.63$37.96$40.93$39.00$40.93
Max Pain$33.00$33.00$33.00$33.00$33.00
ATM IV38.8%18.1%54.5%26.0%38.4%
Expected Move10.5%5.2%14.3%7.5%11.0%
HV 20d25.1%20.8%27.8%23.5%27.4%
HV 60d25.3%23.4%26.5%23.5%26.5%
IV Rank27.9%6.7%44.0%14.8%27.5%
IV Percentile54.8%2.4%91.3%16.3%54.0%
Term Structure-7.8%-17.4%10.7%10.7%-15.0%
Skew 25d4.6%-9.8%14.2%3.9%12.3%
Skew 10d2.7%-6.8%10.5%1.2%1.3%
Call IV 25d25.6%15.9%35.8%15.9%24.9%
Put IV 25d30.2%12.0%39.4%19.8%37.1%
Bid-Ask Spread %137.10112.94149.56123.14142.56
Gamma HHI0.660.531.000.550.54
Net GEX-464-850-71-753-122
Net DEX3.9K51911.8K8.1K562
Net VEX-32-83-5-68-5
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI2626262626

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$39.00$0.0026.0%7.5%23.5%14.8%0.0%3.9%10.7%-7538.1K-680.00123.14N/AN/A00026
2022-11-02$38.28$0.0050.0%14.3%24.4%39.4%0.0%-0.9%-10.8%-7836.9K-530.00139.51N/AN/A00026
2022-11-03$38.02$33.0054.5%10.9%24.4%44.0%0.0%7.7%-12.8%-7877.0K-530.00147.34N/AN/A00026
2022-11-04$38.09$33.0036.7%10.2%21.3%25.7%0.0%6.3%-4.6%-6895.4K-540.00138.00N/AN/A00026
2022-11-07$38.65$33.0039.4%6.7%21.5%28.5%0.0%6.5%4.7%-5993.6K-370.00124.20N/AN/A00026
2022-11-08$38.93$33.0043.0%8.9%20.8%32.2%0.0%4.8%-6.4%-6074.3K-380.00134.90N/AN/A00026
2022-11-09$37.96$33.0043.2%12.4%23.2%32.4%0.0%6.7%-13.2%-85011.8K-830.00142.63N/AN/A00026
2022-11-10$39.90$33.0037.0%10.6%27.8%26.1%0.0%7.7%-11.2%-5995.6K-460.00145.22N/AN/A00026
2022-11-11$40.56$33.0028.3%8.1%26.3%17.2%0.0%14.2%-5.2%-93747-100.00122.70N/AN/A00026
2022-11-14$40.32$33.0024.6%7.0%26.0%13.3%0.0%6.5%5.8%-205986-100.00114.65N/AN/A00026
2022-11-15$40.65$33.0038.0%10.9%26.0%27.0%0.0%5.8%-11.8%-3852.5K-220.00147.49N/AN/A00026
2022-11-16$40.04$33.0041.1%11.8%26.4%30.2%0.0%5.8%-17.0%-4863.5K-270.00148.76N/AN/A00026
2022-11-17$39.76$33.0042.7%12.2%26.5%31.9%0.0%-9.8%-10.5%-5564.5K-320.00112.94N/AN/A00026
2022-11-18$40.06$33.0045.9%13.2%25.5%35.2%0.0%3.1%-13.7%-6065.5K-390.00140.97N/AN/A00026
2022-11-21$39.75$33.0018.1%5.2%25.6%6.7%0.0%1.1%4.4%-71519-70.00128.74N/AN/A00026
2022-11-22$40.38$33.0028.5%8.2%25.7%17.3%0.0%3.7%-3.7%-1781.9K-230.00135.35N/AN/A00026
2022-11-23$40.56$33.0040.4%11.6%25.7%29.5%0.0%2.5%-9.4%-3472.1K-160.00149.56N/AN/A00026
2022-11-25$40.62$33.0042.8%12.3%25.7%32.0%0.0%3.4%-12.5%-2351.2K-100.00147.09N/AN/A00026
2022-11-28$39.87$33.0046.7%13.4%26.1%36.0%0.0%2.1%-15.3%-3632.3K-180.00143.86N/AN/A00026
2022-11-29$39.95$33.0048.7%14.0%26.1%38.1%0.0%3.6%-17.4%-4202.6K-170.00149.41N/AN/A00026
2022-11-30$40.93$33.0038.4%11.0%27.4%27.5%0.0%12.3%-15.0%-122562-50.00142.56N/AN/A00026