SECT Options History — October 2023

In October 2023, SECT traded between $40.23 and $42.94. ATM implied volatility averaged 24.9%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 11.7% (HV 20d: 13.1%). Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-10-09: Highest Volume — 2 contracts
  • 2023-10-25: Largest IV spike — 63.0% change
  • 2023-10-09: Highest IV Rank — 31.1%
  • 2023-10-27: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.85$40.23$42.94$41.91$40.91
ATM IV24.9%16.0%38.3%25.5%20.8%
Expected Move6.6%4.5%10.1%7.3%6.0%
HV 20d13.1%10.9%15.2%10.9%14.8%
HV 60d11.9%11.3%12.7%11.3%12.7%
IV Rank15.5%5.2%31.1%16.3%10.9%
IV Percentile47.9%9.9%77.0%52.0%39.3%
Term Structure-4.4%-17.8%1.6%-4.4%1.6%
Skew 25d5.0%-0.6%13.8%11.5%7.2%
Skew 10d3.6%-5.4%13.4%0.0%0.7%
Call IV 25d17.7%9.4%27.1%14.8%19.4%
Put IV 25d22.7%13.9%28.5%26.3%26.6%
Bid-Ask Spread %141.43126.40149.93144.94149.93
Gamma HHI0.400.260.530.470.43
Net GEX-224-798312-456-487
Net DEX-215-3.1K3.4K1.6K971
Net VEX-29-48-12-46-32
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0910200
Total OI13.72713141314

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$41.91$0.0025.5%7.3%10.9%16.3%0.0%11.5%-4.4%-4561.6K-460.00144.94N/AN/A00211
2023-10-03$41.42$0.0024.8%7.1%11.4%15.5%0.0%-0.1%-5.0%-300252-320.00130.75N/AN/A00211
2023-10-04$41.64$0.0030.3%8.7%11.6%21.9%0.0%10.9%-17.8%-186-451-300.00140.81N/AN/A00211
2023-10-05$41.71$0.0025.8%5.3%11.6%16.6%0.0%1.4%-1.1%-5202.5K-480.00140.97N/AN/A00211
2023-10-06$42.30$0.0026.8%5.3%13.0%17.8%0.0%5.0%-0.7%-3831.0K-400.00142.50N/AN/A00211
2023-10-09$42.54$0.0038.3%6.2%13.0%31.1%0.0%3.9%0.0%-600-781-220.00139.72N/AN/A20211
2023-10-10$42.88$0.0024.6%4.5%13.4%15.3%0.0%1.0%-2.3%-45-1.6K-230.00134.39N/AN/A00311
2023-10-11$42.91$0.0019.0%5.4%13.4%8.7%0.0%3.1%-2.4%68-2.9K-200.00139.72N/AN/A00311
2023-10-12$42.65$0.0018.3%5.3%12.9%8.0%0.0%6.6%-3.5%284-3.0K-220.00140.56N/AN/A00311
2023-10-13$42.34$0.0022.4%6.4%12.2%12.7%0.0%8.1%-2.7%61-2.1K-270.00143.72N/AN/A00311
2023-10-16$42.93$0.0017.2%4.9%13.3%6.6%0.0%13.8%-2.9%91-3.1K-200.00141.59N/AN/A00311
2023-10-17$42.94$0.0016.0%4.6%13.3%5.2%0.0%7.1%-1.2%194-2.6K-180.00126.40N/AN/A00311
2023-10-18$42.36$0.0022.9%6.6%13.8%13.3%0.0%-0.3%-3.0%59-1.9K-240.00144.91N/AN/A00311
2023-10-19$42.05$0.0028.3%8.1%12.7%19.5%0.0%-0.1%-5.6%-298-8-390.00144.95N/AN/A00311
2023-10-20$41.59$0.0021.0%6.0%13.3%11.1%0.0%-0.6%-3.8%-388816-330.00143.23N/AN/A00311
2023-10-23$41.52$0.0027.2%7.8%13.3%18.2%0.0%9.8%-5.7%312-1.6K-120.00146.65N/AN/A00311
2023-10-24$41.72$0.0020.4%5.8%12.9%10.3%0.0%8.1%-4.1%169-1.6K-180.00139.62N/AN/A00311
2023-10-25$40.95$0.0033.2%9.5%14.4%25.2%0.0%2.3%-7.8%-25083-230.00145.59N/AN/A00311
2023-10-26$40.56$0.0023.7%6.8%14.2%14.2%0.0%7.8%-7.4%-7013.2K-420.00140.69N/AN/A00311
2023-10-27$40.23$0.0035.1%10.1%14.3%27.4%0.0%1.4%-10.3%-7983.0K-360.00148.62N/AN/A00311
2023-10-30$40.73$0.0025.8%7.4%15.2%16.6%0.0%2.0%-6.2%-7503.4K-380.00141.30N/AN/A00311
2023-10-31$40.91$0.0020.8%6.0%14.8%10.9%0.0%7.2%1.6%-487971-320.00149.93N/AN/A00311