SECT Options History — September 2023

In September 2023, SECT traded between $41.73 and $44.17. ATM implied volatility averaged 28.7%, placing in the 18.4% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 16.8% (HV 20d: 11.8%). Max pain ranged from $32.00 to $32.00. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 3 of 20 days.

Notable Days

  • 2023-09-07: Largest IV spike — 113.5% change
  • 2023-09-11: Highest IV Rank — 53.1%
  • 2023-09-29: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.98$41.73$44.17$44.17$42.09
Max Pain$32.00$32.00$32.00$32.00$32.00
ATM IV28.7%15.1%63.3%29.3%32.9%
Expected Move6.3%3.8%9.4%8.4%9.4%
HV 20d11.8%10.5%12.8%11.7%11.0%
HV 60d11.0%10.6%11.4%10.7%11.3%
IV Rank18.4%4.2%53.1%18.3%24.9%
IV Percentile47.8%7.9%97.2%57.9%66.3%
Term Structure-3.8%-12.4%6.7%-12.4%-8.2%
Skew 25d4.7%-1.4%10.1%-1.4%1.2%
Skew 10d4.7%-10.4%12.7%0.7%1.3%
Call IV 25d16.3%9.5%27.2%27.2%25.3%
Put IV 25d21.0%15.7%26.5%25.8%26.5%
Bid-Ask Spread %141.74129.43151.97146.52149.90
Gamma HHI0.430.300.630.310.47
Net GEX-85-440354-60-440
Net DEX-1.4K-3.4K1.6K-3.4K1.6K
Net VEX-28-47-14-19-46
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1813232313

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$44.17$32.0029.3%8.4%11.7%18.3%0.0%-1.4%-12.4%-60-3.4K-190.00146.52N/AN/A00221
2023-09-05$44.02$0.0040.9%6.9%11.6%30.1%0.0%3.4%-4.0%-346-1.9K-330.00137.67N/AN/A00221
2023-09-06$43.65$0.0023.1%3.8%11.9%11.9%0.0%4.2%1.1%-209-1.5K-350.00139.06N/AN/A00221
2023-09-07$43.44$0.0049.3%7.3%12.0%38.7%0.0%5.2%-6.5%253-3.0K-170.00145.34N/AN/A00221
2023-09-08$43.42$0.0032.2%5.2%12.0%21.2%0.0%7.2%-1.9%-210-862-340.00137.07N/AN/A00221
2023-09-11$43.63$0.0063.3%7.0%12.1%53.1%0.0%3.5%-7.1%219-3.1K-190.00145.70N/AN/A00221
2023-09-12$43.48$0.0054.7%7.1%12.0%44.2%0.0%2.5%-7.7%-218-2.8K-170.00150.28N/AN/A00221
2023-09-13$43.41$0.0016.8%4.8%11.4%5.4%0.0%6.1%-3.8%-35-1.5K-300.00139.71N/AN/A00221
2023-09-14$43.83$0.0017.7%5.1%11.7%6.4%0.0%1.0%2.2%314-3.4K-170.00141.59N/AN/A00221
2023-09-15$43.20$0.0018.3%5.2%12.3%7.9%0.0%4.0%-3.0%-4-2.7K-160.00141.07N/AN/A00221
2023-09-18$43.17$0.0026.6%7.6%12.3%17.5%0.0%9.5%-4.4%333-2.7K-150.00151.97N/AN/A00211
2023-09-19$43.16$0.0017.2%4.9%12.0%6.6%0.0%7.7%-2.3%354-2.8K-160.00136.21N/AN/A00211
2023-09-20$42.80$0.0026.6%7.6%12.3%17.5%0.0%1.0%-5.3%194-2.4K-140.00150.58N/AN/A00211
2023-09-21$42.09$0.0019.1%5.5%12.8%8.8%0.0%5.4%-3.3%-297268-380.00139.92N/AN/A00211
2023-09-22$42.10$0.0015.1%4.3%12.0%4.2%0.0%6.7%-2.6%-207-268-350.00141.48N/AN/A00211
2023-09-25$42.18$0.0031.3%9.0%11.8%22.9%0.0%3.3%-7.3%-3961.0K-470.00129.43N/AN/A00211
2023-09-26$41.73$0.0019.2%5.5%12.1%9.0%0.0%4.8%-3.3%-334286-380.00137.60N/AN/A00211
2023-09-27$41.88$0.0019.9%5.7%10.5%9.8%0.0%8.5%-3.1%-380574-420.00141.70N/AN/A00211
2023-09-28$42.25$0.0019.9%5.7%11.1%9.7%0.0%10.1%6.7%-233-501-350.00131.94N/AN/A00211
2023-09-29$42.09$0.0032.9%9.4%11.0%24.9%0.0%1.2%-8.2%-4401.6K-460.00149.90N/AN/A00211