SCCO Options History — December 2018

In December 2018, SCCO traded between $29.35 and $33.36. ATM implied volatility averaged 41.8%, placing in the 85.2% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 2.1% (HV 20d: 39.7%). Max pain ranged from $31.67 to $37.61. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.97.

Notable Days

  • 2018-12-07: Highest Volume — 1,720 contracts
  • 2018-12-12: Largest IV drop — 13.4% change
  • 2018-12-06: Highest IV Rank — 100.0%
  • 2018-12-24: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.16$29.35$33.36$33.36$30.42
Max Pain$34.64$31.67$37.61$34.64$31.67
ATM IV41.8%36.5%48.1%36.5%40.1%
Expected Move11.8%10.5%13.8%10.5%11.5%
HV 20d39.7%23.8%47.2%46.9%24.0%
HV 60d39.0%38.1%39.8%39.5%39.2%
IV Rank85.2%66.1%100.0%70.7%70.5%
IV Percentile96.6%91.3%100.0%93.3%91.3%
Term Structure-0.5%-4.0%1.7%-1.1%0.7%
VWIV40.4%35.9%47.1%36.8%41.9%
Skew 25d5.4%3.9%6.9%3.9%6.6%
Skew 10d10.5%6.4%14.9%9.3%13.2%
Call IV 25d39.1%34.7%45.9%34.7%38.1%
Put IV 25d44.5%38.6%52.7%38.6%44.7%
Bid-Ask Spread %21.8215.7233.5415.7219.21
Gamma HHI0.320.220.470.220.36
Net GEX-218.7K-347.2K-129.0K-147.3K-287.6K
Net DEX10.3M6.9M14.6M8.7M7.6M
Net VEX-36.1K-42.9K-30.8K-40.2K-30.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.273.300.830.33
Total Volume862.91991,720570528
Total OI15,906.710,99618,53516,93411,305

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-12-03$33.36$34.6436.5%10.5%46.9%70.7%36.8%3.9%-1.1%-147.3K8.7M-40.2K0.8315.723122588,7698,165
2018-12-04$32.40$34.6439.6%11.3%47.1%84.5%39.2%5.2%-0.8%-155.9K10.5M-40.2K0.6331.377634849,0038,166
2018-12-05$32.49$34.6442.2%12.1%47.2%96.4%41.5%5.1%-4.0%-156.2K10.5M-39.3K0.6333.547634849,0038,166
2018-12-06$32.07$37.6144.2%11.7%46.9%100.0%39.4%6.3%-0.3%-129.0K8.8M-37.4K3.3017.462397919,1087,286
2018-12-07$32.33$37.6141.3%11.2%47.1%87.6%36.1%5.5%-0.3%-146.8K8.7M-42.9K2.5221.134881,2329,2337,898
2018-12-10$31.93$37.6145.0%11.7%46.8%100.0%40.0%5.3%-0.4%-163.4K9.8M-41.4K0.8918.032492229,2798,090
2018-12-11$31.92$37.6142.5%11.1%46.2%89.7%38.7%5.1%0.2%-179.5K10.2M-39.1K1.4017.652523539,2328,070
2018-12-12$31.68$37.6136.8%10.6%46.2%66.1%35.9%4.4%1.7%-213.2K10.6M-38.7K0.5022.146323159,2648,198
2018-12-13$31.73$35.6337.4%10.7%45.6%68.7%37.4%4.6%1.3%-199.8K10.8M-38.3K0.8219.544633789,4128,151
2018-12-14$31.29$35.6338.4%11.0%44.7%72.5%37.8%4.4%0.6%-226.8K11.6M-36.9K0.4819.444722279,4388,183
2018-12-17$30.80$35.6341.8%12.0%44.5%86.5%38.3%5.3%-0.4%-243.2K12.7M-34.2K1.4618.07811189,4878,142
2018-12-18$30.92$35.6341.3%11.8%44.6%84.5%40.3%5.2%0.0%-241.2K12.7M-33.8K0.9718.015585429,5328,170
2018-12-19$29.75$32.6641.1%11.8%45.0%83.7%39.1%4.5%0.3%-327.5K14.5M-32.5K0.6424.075573589,9808,142
2018-12-20$29.35$32.6641.6%11.9%45.0%85.8%41.2%4.9%0.7%-347.2K14.6M-31.4K0.3428.4298233810,1947,989
2018-12-21$29.98$32.6643.0%12.3%26.6%91.5%43.0%6.0%-0.1%-246.6K12.5M-33.5K0.6324.3264540910,5387,997
2018-12-24$29.63$32.6648.1%13.8%26.7%100.0%47.1%6.7%-2.2%-229.8K8.4M-32.4K0.5220.885492855,0115,985
2018-12-26$30.33$32.6646.0%13.2%25.7%92.2%45.8%6.0%-2.7%-241.5K7.7M-33.1K0.2723.15369995,0366,020
2018-12-27$30.50$31.6746.2%13.2%23.8%92.7%45.7%6.9%-1.6%-228.9K6.9M-34.1K0.5120.622991545,2146,002
2018-12-28$30.24$31.6742.9%12.3%23.8%80.9%42.6%4.9%-1.7%-262.8K7.5M-32.7K1.6523.503816295,2466,030
2018-12-31$30.42$31.6740.1%11.5%24.0%70.5%41.9%6.6%0.7%-287.6K7.6M-30.8K0.3319.213971315,2906,015