SECT Options History — July 2023

In July 2023, SECT traded between $42.53 and $44.52. ATM implied volatility averaged 21.1%, placing in the 9.9% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 11.1% (HV 20d: 10.0%). Max pain ranged from $38.00 to $38.00. Net GEX was positive for 4 of 20 trading days. Term structure was in contango for 4 of 20 days.

Notable Days

  • 2023-07-17: Highest Volume — 10 contracts
  • 2023-07-20: Largest IV spike — 60.6% change
  • 2023-07-05: Highest IV Rank — 22.8%
  • 2023-07-05: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.69$42.53$44.52$43.05$44.52
Max Pain$38.00$38.00$38.00$38.00$38.00
ATM IV21.1%12.5%33.8%32.4%16.2%
Expected Move5.7%3.3%9.7%9.3%4.7%
HV 20d10.0%9.0%10.8%9.0%9.7%
HV 60d10.0%9.6%10.4%9.8%9.6%
IV Rank9.9%1.0%22.8%21.4%4.9%
IV Percentile25.9%1.6%57.5%54.0%10.7%
Term Structure-2.1%-10.3%7.5%-9.5%-0.7%
Skew 25d1.7%-2.0%8.1%0.4%0.1%
Skew 10d1.2%-3.3%8.1%0.9%0.1%
Call IV 25d17.5%8.0%27.0%25.8%20.6%
Put IV 25d19.2%15.3%27.8%26.3%20.7%
Bid-Ask Spread %140.57128.75151.40149.56141.49
Gamma HHI0.510.410.580.580.51
Net GEX-248-68865-357-291
Net DEX-4-2.1K3.6K-716244
Net VEX-36-73-12-21-41
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.5501000
Total OI2320312022

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$43.05$38.0032.4%9.3%9.0%21.4%0.0%0.4%-9.5%-357-716-210.00149.56N/AN/A00119
2023-07-05$42.97$38.0033.8%9.7%9.0%22.8%0.0%0.8%-10.3%-364-691-200.00149.93N/AN/A00119
2023-07-06$42.53$0.0016.4%3.3%9.9%5.1%0.0%0.9%-0.8%49-2.0K-120.00131.28N/AN/A00119
2023-07-07$42.66$0.0022.3%4.2%9.9%11.1%0.0%1.3%-1.8%-76-1.8K-140.00139.73N/AN/A00119
2023-07-10$42.78$0.0021.8%3.9%9.9%10.6%0.0%2.2%2.8%-73-1.5K-140.00136.11N/AN/A00119
2023-07-11$43.13$0.0021.4%4.0%10.2%10.2%0.0%1.2%-1.9%65-2.1K-120.00134.23N/AN/A01119
2023-07-12$43.48$0.0016.4%4.7%10.3%5.0%0.0%1.1%-1.8%-15-2.1K-160.00137.02N/AN/A00120
2023-07-13$43.88$0.0014.7%4.2%10.6%3.3%0.0%1.4%-1.9%3-2.1K-170.00139.19N/AN/A00120
2023-07-14$43.67$0.0015.4%4.4%10.8%4.0%0.0%-0.8%7.5%-180-1.3K-190.00149.28N/AN/A00120
2023-07-17$43.92$0.0016.1%4.6%10.4%4.7%0.0%2.3%-1.1%56-1.9K-160.00128.75N/AN/A010120
2023-07-18$44.26$0.0012.5%3.6%10.5%1.0%0.0%3.0%7.4%-4322.4K-680.00133.62N/AN/A00130
2023-07-19$44.24$0.0016.2%4.6%10.1%4.8%0.0%8.1%1.2%-330937-480.00131.41N/AN/A00130
2023-07-20$43.88$0.0026.0%7.5%10.3%14.9%0.0%2.1%-5.5%-6513.5K-730.00147.26N/AN/A00130
2023-07-21$43.97$0.0024.7%7.1%10.2%13.5%0.0%0.9%-0.8%-6883.6K-680.00150.71N/AN/A00130
2023-07-24$44.03$0.0028.6%8.2%9.8%17.5%0.0%0.9%-6.4%-4352.7K-670.00151.40N/AN/A00121
2023-07-25$44.27$0.0028.4%8.2%9.8%17.4%0.0%7.7%-6.3%-3721.6K-560.00129.78N/AN/A00121
2023-07-26$44.20$0.0017.2%4.9%9.4%5.8%0.0%0.8%-4.7%-26493-430.00145.27N/AN/A00121
2023-07-27$43.93$0.0020.0%5.7%9.8%8.7%0.0%-2.0%-4.1%-203-913-370.00141.75N/AN/A00121
2023-07-28$44.49$0.0021.9%6.3%10.5%10.7%0.0%1.3%-3.4%-3952.1K-650.00143.58N/AN/A00121
2023-07-31$44.52$0.0016.2%4.7%9.7%4.9%0.0%0.1%-0.7%-291244-410.00141.49N/AN/A00121