SECT Options History — November 2023

In November 2023, SECT traded between $41.36 and $44.38. ATM implied volatility averaged 22.3%, placing in the 12.5% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 6.2% (HV 20d: 16.1%). Max pain ranged from $38.00 to $38.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-11-15: Highest Volume — 1 contracts
  • 2023-11-27: Largest IV spike — 108.8% change
  • 2023-11-07: Highest IV Rank — 35.8%
  • 2023-11-27: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.40$41.36$44.38$41.36$44.27
Max Pain$38.00$38.00$38.00$38.00$38.00
ATM IV22.3%14.2%42.3%23.8%27.2%
Expected Move5.7%4.1%9.4%6.8%7.8%
HV 20d16.1%13.5%18.4%15.3%13.5%
HV 60d14.0%12.9%14.6%12.9%13.9%
IV Rank12.5%3.2%35.8%14.3%18.2%
IV Percentile40.5%5.2%88.1%49.6%67.5%
Term Structure-3.9%-18.7%12.5%-6.1%-18.7%
VWIV15.5%15.5%15.5%15.5%15.5%
Skew 25d1.2%-8.1%13.3%13.3%9.4%
Skew 10d-0.1%-5.4%3.2%2.2%-5.4%
Call IV 25d17.1%10.2%24.4%13.7%12.8%
Put IV 25d18.3%10.0%27.0%27.0%22.3%
Bid-Ask Spread %137.62123.30149.13146.58145.92
Gamma HHI0.490.240.780.430.32
Net GEX562227892227655
Net DEX-3.6K-5.8K-1.0K-1.0K-5.4K
Net VEX-11-17-7-10-12
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0480100
Total OI14.47614151415

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$41.36$0.0023.8%6.8%15.3%14.3%0.0%13.3%-6.1%227-1.0K-100.00146.58N/AN/A00311
2023-11-02$42.16$38.0023.0%4.6%16.8%13.4%0.0%5.2%1.1%454-1.9K-100.00138.58N/AN/A00311
2023-11-03$42.69$38.0026.8%4.8%16.6%17.8%0.0%-1.4%-3.7%407-2.1K-110.00138.61N/AN/A00311
2023-11-06$42.49$38.0027.5%5.2%16.6%18.6%0.0%0.3%-3.3%236-1.9K-120.00138.51N/AN/A00311
2023-11-07$42.70$38.0042.3%4.4%16.4%35.8%0.0%4.7%1.3%428-2.2K-100.00137.63N/AN/A00311
2023-11-08$42.56$38.0015.0%4.3%16.5%4.1%0.0%-1.2%-0.8%422-1.8K-80.00134.56N/AN/A00311
2023-11-09$42.16$38.0019.1%5.5%16.7%8.9%0.0%4.4%-3.4%422-1.5K-80.00134.97N/AN/A00311
2023-11-10$42.87$38.0015.6%4.5%17.5%4.8%0.0%1.0%-4.2%435-2.0K-70.00131.51N/AN/A00311
2023-11-13$42.95$38.0023.0%6.6%16.8%13.4%0.0%-2.1%-5.4%383-2.4K-100.00149.13N/AN/A00311
2023-11-14$43.87$38.0017.1%4.9%18.4%6.5%0.0%-4.5%-4.1%413-3.2K-100.00123.30N/AN/A00311
2023-11-15$43.89$38.0024.5%7.0%17.6%15.1%15.5%2.0%-10.9%430-3.6K-130.00142.69N/AN/A10311
2023-11-16$43.78$38.0019.6%5.6%17.4%9.4%0.0%-1.8%10.1%780-4.3K-140.00140.42N/AN/A00411
2023-11-17$43.91$38.0026.6%7.6%16.7%17.5%0.0%-8.1%12.5%871-4.8K-140.00137.80N/AN/A00411
2023-11-20$44.38$38.0014.9%4.3%16.8%4.0%0.0%3.0%-5.5%721-5.8K-150.00133.48N/AN/A00411
2023-11-21$44.11$38.0018.3%5.3%17.1%8.0%0.0%-1.1%-5.6%892-5.0K-110.00130.60N/AN/A00411
2023-11-22$44.34$38.0014.2%4.1%15.1%3.2%0.0%0.0%-3.9%778-5.7K-130.00133.49N/AN/A00411
2023-11-24$44.32$38.0015.7%4.5%14.4%4.9%0.0%0.8%-6.9%851-5.7K-120.00133.76N/AN/A00411
2023-11-27$44.27$38.0032.9%9.4%13.8%24.8%0.0%1.5%-12.2%468-5.3K-170.00146.15N/AN/A00411
2023-11-28$44.12$38.0020.3%5.8%13.8%10.3%0.0%0.0%-5.1%779-5.3K-110.00132.82N/AN/A00411
2023-11-29$44.21$38.0020.6%5.9%13.8%10.6%0.0%-0.6%-7.7%748-5.4K-110.00139.46N/AN/A00411
2023-11-30$44.27$38.0027.2%7.8%13.5%18.2%0.0%9.4%-18.7%655-5.4K-120.00145.92N/AN/A00411