SECT Options History — February 2023

In February 2023, SECT traded between $40.49 and $42.18. ATM implied volatility averaged 21.9%, placing in the 10.6% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 6.3% (HV 20d: 15.6%). Max pain ranged from $27.00 to $27.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 8 of 19 days.

Notable Days

  • 2023-02-06: Largest IV spike — 65.0% change
  • 2023-02-06: Highest IV Rank — 20.3%
  • 2023-02-06: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.49$40.49$42.18$42.12$40.67
Max Pain$27.00$27.00$27.00$27.00$27.00
ATM IV21.9%17.6%31.4%24.9%20.6%
Expected Move6.2%4.6%8.3%7.1%5.9%
HV 20d15.6%14.7%16.4%15.5%15.1%
HV 60d18.7%17.0%21.4%21.4%17.0%
IV Rank10.6%6.2%20.3%13.6%9.2%
IV Percentile10.3%2.8%31.3%10.7%9.9%
Term Structure-0.6%-13.1%15.6%2.9%3.6%
Skew 25d2.5%-1.3%7.2%5.3%-0.1%
Skew 10d1.4%-2.0%10.6%3.1%0.6%
Call IV 25d18.9%12.3%27.9%25.2%23.0%
Put IV 25d21.5%17.5%30.5%30.5%22.9%
Bid-Ask Spread %136.0899.26144.35140.94139.61
Gamma HHI1.001.001.001.001.00
Net GEX-0-1000
Net DEX101500
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1616161616

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$42.12$0.0024.9%7.1%15.5%13.6%0.0%5.3%2.9%0000.00140.94N/AN/A00016
2023-02-02$42.12$27.0025.3%7.1%15.6%14.1%0.0%4.3%-4.7%0000.00142.09N/AN/A00016
2023-02-03$41.91$27.0019.0%6.9%15.8%7.6%0.0%-0.4%-13.1%0000.00135.80N/AN/A00016
2023-02-06$41.64$27.0031.4%8.3%14.9%20.3%0.0%4.3%-7.0%-11500.00140.11N/AN/A00016
2023-02-07$42.18$27.0023.7%4.6%15.2%12.4%0.0%3.8%3.0%0000.00127.36N/AN/A00016
2023-02-08$41.81$27.0017.8%5.1%15.8%6.3%0.0%4.9%-1.6%0000.0099.26N/AN/A00016
2023-02-09$41.49$27.0020.1%5.8%16.0%8.8%0.0%0.8%-1.1%0000.00139.26N/AN/A00016
2023-02-10$41.58$27.0017.6%5.1%15.7%6.2%0.0%2.2%-0.5%0000.00137.51N/AN/A00016
2023-02-13$41.91$27.0020.4%5.8%15.8%9.0%0.0%1.9%0.7%0000.00133.53N/AN/A00016
2023-02-14$42.13$27.0019.1%5.5%15.7%7.7%0.0%4.3%3.1%0000.00142.84N/AN/A00016
2023-02-15$42.08$27.0026.8%7.7%14.8%15.6%0.0%5.7%-3.5%0000.00144.35N/AN/A00016
2023-02-16$41.72$27.0018.8%5.4%15.0%7.4%0.0%1.6%15.6%0000.00130.06N/AN/A00016
2023-02-17$41.47$27.0021.6%6.2%14.7%10.2%0.0%0.5%9.4%0000.00136.29N/AN/A00016
2023-02-21$40.72$27.0026.6%7.6%15.6%15.4%0.0%-1.3%-2.1%0000.00135.43N/AN/A00016
2023-02-22$40.52$27.0018.6%5.3%15.7%7.1%0.0%-0.2%5.2%0000.00141.84N/AN/A00016
2023-02-23$40.98$27.0021.5%6.2%16.2%10.1%0.0%1.0%-7.1%0000.00142.27N/AN/A00016
2023-02-24$40.49$27.0021.9%6.3%16.4%10.5%0.0%7.2%-6.6%0000.00139.69N/AN/A00016
2023-02-27$40.68$27.0020.3%5.8%16.2%9.0%0.0%2.1%-7.2%0000.00137.31N/AN/A00016
2023-02-28$40.67$27.0020.6%5.9%15.1%9.2%0.0%-0.1%3.6%0000.00139.61N/AN/A00016