SECT Options History — April 2023

In April 2023, SECT traded between $39.83 and $40.88. ATM implied volatility averaged 20.7%, placing in the 8.9% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 7.2% (HV 20d: 13.5%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 5 of 19 days.

Notable Days

  • 2023-04-28: Highest Volume — 22 contracts
  • 2023-04-25: Largest IV spike — 131.8% change
  • 2023-04-04: Highest IV Rank — 19.8%
  • 2023-04-21: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.51$39.83$40.88$40.75$40.63
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV20.7%12.9%31.1%19.3%16.6%
Expected Move5.6%3.7%8.9%5.5%4.7%
HV 20d13.5%9.2%19.6%19.6%10.5%
HV 60d15.7%14.6%16.6%16.6%14.6%
IV Rank8.9%0.0%19.8%7.9%3.8%
IV Percentile13.2%0.0%38.1%7.5%2.8%
Term Structure-1.7%-8.3%9.0%-3.7%9.0%
VWIV14.6%14.6%14.6%14.6%14.6%
Skew 25d2.7%-2.9%14.5%0.6%-0.5%
Skew 10d0.8%-1.5%7.3%0.5%-1.1%
Call IV 25d17.3%7.9%28.5%20.4%17.0%
Put IV 25d20.0%15.6%31.5%21.0%16.5%
Bid-Ask Spread %138.57129.18149.22137.45138.40
Gamma HHI0.680.401.001.000.40
Net GEX-1.1K-1.5K-194-194-1.5K
Net DEX6.9K1.3K9.5K1.3K7.4K
Net VEX-58-81-19-19-62
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1.737022022
Total OI1910211021

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$40.75$0.0019.3%5.5%19.6%7.9%0.0%0.6%-3.7%-1941.3K-190.00137.45N/AN/A00010
2023-04-04$40.36$0.0030.9%8.9%19.4%19.8%0.0%3.0%3.6%-2161.5K-230.00149.22N/AN/A010010
2023-04-05$40.42$0.0022.5%6.4%19.4%11.2%0.0%8.3%-8.0%-1.1K6.2K-560.00129.18N/AN/A00020
2023-04-06$40.47$0.0022.0%4.4%17.9%10.7%0.0%1.5%-2.1%-1.2K9.5K-810.00143.14N/AN/A00020
2023-04-10$40.57$0.0025.1%4.3%15.8%13.8%0.0%1.9%4.3%-1.3K8.0K-680.00137.59N/AN/A00020
2023-04-11$40.68$0.0020.7%4.1%15.8%9.4%0.0%3.7%5.2%-1.1K6.0K-550.00138.54N/AN/A00020
2023-04-12$40.48$0.0020.1%5.8%15.8%8.8%0.0%1.3%-2.3%-1.1K7.5K-570.00132.27N/AN/A00020
2023-04-13$40.88$0.0024.9%7.1%15.1%13.6%0.0%7.7%-2.6%-1.1K8.3K-730.00149.14N/AN/A00020
2023-04-14$40.80$0.0014.3%4.1%13.6%2.8%0.0%0.6%-1.4%-1.1K7.4K-650.00139.67N/AN/A00020
2023-04-17$40.74$0.0017.8%5.1%12.1%6.4%0.0%1.0%-8.3%-1.1K6.3K-580.00135.32N/AN/A00020
2023-04-18$40.73$0.0013.4%3.8%11.9%1.8%0.0%0.8%-1.5%-1.1K6.6K-620.00136.67N/AN/A00020
2023-04-19$40.63$0.0015.7%4.5%10.5%4.2%0.0%1.5%-1.6%-1.2K8.7K-730.00137.84N/AN/A00020
2023-04-20$40.42$0.0023.6%6.8%9.7%12.3%0.0%-0.0%-6.6%-1.2K8.1K-620.00135.28N/AN/A00020
2023-04-21$40.45$0.0031.1%8.9%9.2%18.6%0.0%3.7%-6.9%-1.2K8.1K-620.00148.75N/AN/A00020
2023-04-24$40.55$0.0013.1%3.7%9.3%0.0%0.0%-0.1%-2.5%-1.2K5.7K-400.00134.33N/AN/A00020
2023-04-25$40.00$0.0030.3%8.7%10.5%17.9%0.0%14.5%-6.3%-1.4K9.2K-650.00132.52N/AN/A00020
2023-04-26$39.83$0.0020.0%5.7%10.4%7.2%0.0%-2.9%-5.1%-1.4K7.0K-550.00132.87N/AN/A00020
2023-04-27$40.39$0.0012.9%3.7%10.3%0.0%14.6%4.2%3.9%-1.3K8.2K-640.00144.72N/AN/A01020
2023-04-28$40.63$40.0016.6%4.7%10.5%3.8%0.0%-0.5%9.0%-1.5K7.4K-620.00138.40N/AN/A022021