SECT Options History — February 2024

In February 2024, SECT traded between $47.12 and $49.11. ATM implied volatility averaged 20.8%, placing in the 10.9% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 5.1% (HV 20d: 15.7%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days.

Notable Days

  • 2024-02-16: Largest IV spike — 43.9% change
  • 2024-02-26: Highest IV Rank — 20.5%
  • 2024-02-26: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.24$47.12$49.11$47.12$49.11
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV20.8%14.1%29.1%27.9%20.1%
Expected Move5.6%4.0%8.4%6.0%5.8%
HV 20d15.7%13.1%18.5%13.3%16.4%
HV 60d12.9%11.4%13.9%12.3%13.8%
IV Rank10.9%3.0%20.5%19.0%10.0%
IV Percentile43.2%5.2%83.3%79.8%40.5%
Term Structure-1.1%-9.7%15.2%-5.7%-2.3%
Skew 25d3.9%-11.6%11.1%11.0%10.4%
Skew 10d4.3%-0.3%9.7%-0.3%5.1%
Call IV 25d14.0%8.9%22.5%9.0%11.0%
Put IV 25d17.9%11.0%24.7%20.0%21.4%
Bid-Ask Spread %146.54140.68151.97145.83140.68
Gamma HHI0.640.550.900.590.67
Net GEX410288550290534
Net DEX-1.7K-2.5K-1.0K-1.4K-2.1K
Net VEX-6-8-4-7-5
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI22222

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$47.12$50.0027.9%6.0%13.3%19.0%0.0%11.0%-5.7%290-1.4K-70.00145.83N/AN/A0020
2024-02-02$47.64$50.0025.7%5.6%13.7%16.5%0.0%6.3%-4.8%339-1.7K-80.00150.78N/AN/A0020
2024-02-05$47.43$50.0021.5%4.5%13.8%11.7%0.0%1.4%-1.3%310-1.9K-80.00144.94N/AN/A0020
2024-02-06$47.31$50.0022.7%4.4%13.1%13.0%0.0%4.6%-0.0%288-1.0K-50.00143.34N/AN/A0020
2024-02-07$47.70$50.0014.1%4.1%13.3%3.1%0.0%9.3%1.7%340-1.3K-60.00146.78N/AN/A0020
2024-02-08$48.00$50.0014.7%4.2%13.4%3.7%0.0%7.6%2.6%377-1.5K-60.00145.04N/AN/A0020
2024-02-09$48.41$50.0014.1%4.0%13.5%3.0%0.0%5.2%2.1%436-1.7K-70.00144.45N/AN/A0020
2024-02-12$48.70$50.0014.7%4.2%13.6%3.7%0.0%4.7%2.2%515-1.3K-50.00145.76N/AN/A0020
2024-02-13$47.56$50.0016.2%4.6%16.2%5.4%0.0%6.4%-0.1%314-1.2K-50.00146.38N/AN/A0020
2024-02-14$48.31$50.0023.1%6.6%16.6%13.4%0.0%4.1%-6.8%401-2.0K-70.00148.40N/AN/A0020
2024-02-15$48.86$50.0016.1%4.6%16.5%5.3%0.0%2.4%15.2%487-2.2K-70.00141.66N/AN/A0020
2024-02-16$48.52$50.0023.2%6.6%16.3%13.6%0.0%3.3%5.5%425-2.1K-70.00146.33N/AN/A0020
2024-02-20$47.97$50.0026.5%7.6%16.7%17.4%0.0%-2.1%-6.2%356-1.8K-60.00144.98N/AN/A0020
2024-02-21$47.80$50.0021.6%6.2%16.7%11.7%0.0%4.8%-7.1%339-1.7K-60.00151.97N/AN/A0020
2024-02-22$48.88$50.0026.6%7.6%18.4%17.5%0.0%11.1%-7.5%550-1.4K-40.00148.01N/AN/A0020
2024-02-23$48.73$50.0021.6%6.2%18.5%11.8%0.0%0.9%-0.5%453-2.1K-60.00150.90N/AN/A0020
2024-02-26$48.87$50.0029.1%8.4%18.5%20.5%0.0%-11.6%-9.7%441-2.5K-60.00149.55N/AN/A0020
2024-02-27$49.09$50.0018.6%5.3%18.2%8.3%0.0%1.5%0.1%513-2.2K-60.00148.57N/AN/A0020
2024-02-28$48.83$50.0018.9%5.4%18.2%8.7%0.0%-3.4%0.8%485-1.8K-50.00146.39N/AN/A0020
2024-02-29$49.11$50.0020.1%5.8%16.4%10.0%0.0%10.4%-2.3%534-2.1K-50.00140.68N/AN/A0020