SECT Options History — January 2023

In January 2023, SECT traded between $38.44 and $41.58. ATM implied volatility averaged 32.4%, placing in the 21.3% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 14.7% (HV 20d: 17.7%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 4 of 20 days.

Notable Days

  • 2023-01-26: Largest IV spike — 111.4% change
  • 2023-01-10: Highest IV Rank — 46.1%
  • 2023-01-04: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.15$38.44$41.58$38.44$41.29
ATM IV32.4%14.7%56.5%45.1%37.7%
Expected Move8.5%4.2%14.1%12.9%10.8%
HV 20d17.7%14.5%20.1%20.1%14.9%
HV 60d21.9%21.1%23.7%23.7%21.1%
IV Rank21.3%3.2%46.1%34.4%26.8%
IV Percentile36.1%0.4%91.7%71.4%50.0%
Term Structure-5.4%-15.4%6.1%-14.5%-15.4%
Skew 25d3.0%-0.8%8.4%0.2%4.3%
Skew 10d1.5%-5.2%11.1%1.2%2.2%
Call IV 25d23.7%12.1%37.8%36.6%27.8%
Put IV 25d26.7%13.2%38.0%36.7%32.1%
Bid-Ask Spread %144.94124.17154.41148.69148.12
Gamma HHI1.001.001.001.001.00
Net GEX-10-450-42-2
Net DEX4402111914
Net VEX-1-30-30
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1616161616

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$38.44$0.0045.1%12.9%20.1%34.4%0.0%0.2%-14.5%-42191-30.00148.69N/AN/A00016
2023-01-04$38.64$0.0049.3%14.1%19.0%38.7%0.0%0.1%-14.8%-45211-30.00152.88N/AN/A00016
2023-01-05$38.57$0.0042.6%8.6%18.4%31.8%0.0%5.5%-2.8%-26102-20.00147.77N/AN/A00016
2023-01-06$39.38$0.0032.9%8.2%20.0%21.9%0.0%8.4%-3.5%-82600.00144.14N/AN/A00016
2023-01-09$39.34$0.0042.3%7.7%19.8%31.5%0.0%1.5%-13.0%-3900.00148.70N/AN/A00016
2023-01-10$39.55$0.0056.5%10.1%19.8%46.1%0.0%5.8%-5.6%-1871-10.00150.73N/AN/A00016
2023-01-11$39.96$0.0014.7%4.2%19.7%3.2%0.0%-0.8%-1.1%0000.00136.37N/AN/A00016
2023-01-12$40.36$0.0022.2%6.4%19.5%10.9%0.0%3.2%-1.3%-51700.00149.31N/AN/A00016
2023-01-13$40.63$0.0017.3%5.0%19.4%5.8%0.0%4.6%2.2%0100.00133.29N/AN/A00016
2023-01-17$40.54$0.0033.0%9.4%17.2%21.9%0.0%2.3%-7.4%-2085-10.00154.41N/AN/A00016
2023-01-18$40.02$0.0037.2%10.7%17.7%26.3%0.0%2.8%-6.3%-28127-20.00153.36N/AN/A00016
2023-01-19$39.79$0.0019.5%5.6%17.1%8.1%0.0%3.9%6.1%-2700.00141.08N/AN/A00016
2023-01-20$40.32$0.0037.2%10.7%17.4%26.2%0.0%2.4%-3.9%0000.00154.10N/AN/A00016
2023-01-23$40.86$0.0027.5%7.9%17.5%16.3%0.0%1.1%-14.0%0000.00124.17N/AN/A00016
2023-01-24$40.80$0.0020.0%5.7%15.7%8.6%0.0%2.3%-3.0%0100.00146.85N/AN/A00016
2023-01-25$40.87$0.0016.1%4.6%15.6%4.6%0.0%2.8%5.6%0000.00130.00N/AN/A00016
2023-01-26$41.26$0.0034.1%9.8%15.7%23.1%0.0%4.2%-8.0%-3800.00148.42N/AN/A00016
2023-01-27$41.58$0.0025.6%7.3%14.5%14.3%0.0%4.3%3.5%0100.00148.81N/AN/A00016
2023-01-30$40.89$0.0036.9%10.6%15.0%25.9%0.0%0.5%-10.9%-31000.00137.57N/AN/A00016
2023-01-31$41.29$0.0037.7%10.8%14.9%26.8%0.0%4.3%-15.4%-2400.00148.12N/AN/A00016