SECT Options History — March 2024

In March 2024, SECT traded between $48.99 and $50.36. ATM implied volatility averaged 28.2%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 14.8% (HV 20d: 13.4%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 1 of 20 days.

Notable Days

  • 2024-03-04: Largest IV spike — 109.8% change
  • 2024-03-11: Highest IV Rank — 54.8%
  • 2024-03-28: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.65$48.99$50.36$49.52$50.36
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV28.2%16.6%58.7%16.6%27.4%
Expected Move6.5%4.7%7.8%4.7%7.8%
HV 20d13.4%9.8%16.6%16.4%9.8%
HV 60d13.8%13.4%14.0%13.8%13.4%
IV Rank24.4%5.9%54.8%5.9%30.6%
IV Percentile69.4%20.2%98.4%20.2%81.7%
Term Structure-3.9%-6.7%3.3%3.3%-6.7%
Skew 25d4.2%0.4%9.5%2.2%1.7%
Skew 10d8.7%-2.5%16.6%-2.5%7.5%
Call IV 25d15.7%11.5%20.3%16.4%20.3%
Put IV 25d19.8%17.9%22.1%18.6%21.9%
Bid-Ask Spread %180.02145.18184.16145.18180.99
Gamma HHI0.610.520.940.940.60
Net GEX29506916910
Net DEX-1.4K-3.4K0-1.5K0
Net VEX-2-50-30
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1.10220

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$49.52$50.0016.6%4.7%16.4%5.9%0.0%2.2%3.3%691-1.5K-30.00145.18N/AN/A0020
2024-03-04$49.44$0.0034.7%6.1%16.2%27.0%0.0%5.1%-4.1%513-2.8K-50.00183.60N/AN/A0020
2024-03-05$48.99$0.0023.6%6.0%16.5%14.1%0.0%2.4%-3.5%496-2.0K-40.00182.41N/AN/A0020
2024-03-06$49.38$0.0040.5%6.1%16.5%33.7%0.0%3.5%-3.7%493-2.9K-50.00182.76N/AN/A0020
2024-03-07$49.80$0.0028.7%6.2%16.6%20.0%0.0%8.0%-3.8%514-3.4K-50.00183.56N/AN/A0020
2024-03-08$49.59$0.0030.8%5.9%16.6%22.4%0.0%4.3%-4.0%546-2.9K-40.00178.48N/AN/A0020
2024-03-11$49.42$0.0058.7%6.6%16.5%54.8%0.0%4.2%-5.4%502-2.8K-30.00181.96N/AN/A0020
2024-03-12$49.75$0.0041.4%6.3%16.5%34.7%0.0%3.4%-4.2%584-2.9K-30.00180.57N/AN/A0020
2024-03-13$49.65$0.0021.9%6.3%13.8%12.1%0.0%2.2%-5.5%569-2.8K-20.00183.04N/AN/A0020
2024-03-14$49.14$0.0021.8%6.2%13.5%12.0%0.0%0.8%-3.8%511-2.1K-10.00179.67N/AN/A0020
2024-03-15$49.03$0.0023.6%6.8%13.0%23.4%0.0%3.2%-3.5%480-2.2K00.00184.16N/AN/A0020
2024-03-18$49.31$0.0024.3%7.0%12.8%24.8%0.0%2.4%-4.0%0000.00183.86N/AN/A0000
2024-03-19$49.41$0.0023.8%6.8%12.0%23.8%0.0%2.9%-3.6%0000.00181.96N/AN/A0000
2024-03-20$49.94$0.0022.4%6.4%12.3%21.0%0.0%8.6%-2.9%0000.00178.98N/AN/A0000
2024-03-21$50.23$0.0024.6%7.1%9.8%25.4%0.0%0.4%-5.0%0000.00181.00N/AN/A0000
2024-03-22$49.99$0.0023.6%6.8%9.9%23.4%0.0%5.8%-3.9%0000.00181.67N/AN/A0000
2024-03-25$49.98$0.0025.1%7.2%9.9%26.3%0.0%7.6%-4.7%0000.00183.28N/AN/A0000
2024-03-26$49.86$0.0024.9%7.1%9.9%26.0%0.0%4.9%-5.4%0000.00181.43N/AN/A0000
2024-03-27$50.21$0.0025.3%7.3%9.9%26.7%0.0%9.5%-4.5%0000.00181.75N/AN/A0000
2024-03-28$50.36$0.0027.4%7.8%9.8%30.6%0.0%1.7%-6.7%0000.00180.99N/AN/A0000