SCCO Options History — January 2019

In January 2019, SCCO traded between $28.86 and $33.32. ATM implied volatility averaged 37.7%, placing in the 58.2% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 1.6% (HV 20d: 36.1%). Max pain ranged from $31.67 to $34.64. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.83.

Notable Days

  • 2019-01-25: Highest Volume — 1,793 contracts
  • 2019-01-08: Largest IV drop — 9.0% change
  • 2019-01-03: Highest IV Rank — 84.4%
  • 2019-01-03: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.35$28.86$33.32$29.76$33.18
Max Pain$31.81$31.67$34.64$31.67$34.64
ATM IV37.7%33.3%43.9%42.3%37.9%
Expected Move10.7%9.5%12.2%12.1%9.7%
HV 20d36.1%24.6%40.5%24.6%39.4%
HV 60d40.8%38.8%42.1%39.4%38.8%
IV Rank58.2%39.6%84.4%78.5%58.3%
IV Percentile85.1%75.8%98.0%96.0%85.3%
Term Structure-3.1%-5.3%-0.6%-0.6%-1.8%
VWIV36.6%31.2%42.3%41.4%34.0%
Skew 25d4.9%3.3%6.4%4.6%3.9%
Skew 10d9.4%5.6%13.1%7.7%6.2%
Call IV 25d34.4%30.2%40.0%39.8%32.2%
Put IV 25d39.3%34.5%46.4%44.4%36.1%
Bid-Ask Spread %28.6616.2377.9421.4716.23
Gamma HHI0.240.130.410.400.22
Net GEX-48.8K-603.7K458.3K-322.9K458.3K
Net DEX3.2M-3.1M10.4M8.8M-2.9M
Net VEX-28.0K-34.1K-22.8K-28.0K-34.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.215.130.310.27
Total Volume7272271,7936681,309
Total OI11,417.2388,64113,56211,33210,993

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-01-02$29.76$31.6742.3%12.1%24.6%78.5%41.4%4.6%-0.6%-322.9K8.8M-28.0K0.3121.475101585,2946,038
2019-01-03$28.86$31.6743.9%12.2%24.8%84.4%42.3%6.4%-2.9%-306.7K10.4M-25.4K0.3019.895981795,4576,073
2019-01-04$30.74$31.6741.2%11.5%34.8%74.7%40.2%5.6%-3.5%-292.1K6.2M-31.3K0.4120.948123315,5846,082
2019-01-07$31.05$31.6742.8%11.6%34.8%80.5%39.5%4.5%-3.7%-294.0K5.6M-30.9K1.4719.72921355,7166,202
2019-01-08$31.45$31.6739.0%10.9%35.0%65.4%38.3%5.9%-2.2%-241.6K4.4M-31.1K0.6221.271831135,8216,254
2019-01-09$31.51$31.6739.3%11.3%34.8%66.7%38.4%4.7%-3.8%-247.0K4.0M-30.2K0.8824.412702385,8896,251
2019-01-10$31.57$31.6738.0%10.9%34.8%58.6%37.7%5.3%-2.5%-220.9K3.7M-30.1K0.9320.223383136,2026,260
2019-01-11$31.39$31.6736.5%10.5%34.8%52.6%34.1%5.5%-1.6%-274.7K4.2M-29.6K0.3624.458122956,3256,327
2019-01-14$31.83$31.6735.7%10.2%35.1%49.3%36.2%6.0%-2.4%-101.6K2.0M-27.8K1.2018.941081296,5426,311
2019-01-15$30.33$31.6736.8%10.5%38.8%53.7%36.2%3.3%-3.0%-603.7K7.5M-24.4K0.5720.864182376,5616,346
2019-01-16$31.03$31.6735.1%10.1%39.4%47.1%34.0%4.3%-3.1%-380.1K4.5M-24.9K0.4921.414092016,7176,419
2019-01-17$31.68$31.6733.3%9.5%40.0%39.6%32.5%5.3%-1.5%117.2K1.5M-25.4K0.7026.375573906,8596,406
2019-01-18$31.98$31.6733.5%9.6%37.2%40.6%31.2%4.2%-2.9%139.6K185.7K-25.1K0.3524.308863107,1326,430
2019-01-22$31.38$31.6735.5%10.2%37.6%48.5%35.1%5.2%-3.0%140.4K2.0M-24.5K0.5726.492121215,5393,102
2019-01-23$30.90$31.6736.6%10.5%37.6%53.1%34.7%5.5%-4.7%108.4K2.9M-23.4K0.4418.44196865,6373,169
2019-01-24$30.70$31.6735.8%10.2%37.4%49.6%34.7%5.1%-3.9%103.4K3.2M-22.8K0.9218.973813525,7573,202
2019-01-25$31.83$31.6736.4%10.4%38.6%52.1%32.5%4.2%-4.5%202.0K1.0M-27.5K0.3320.851,3524415,8943,359
2019-01-28$31.55$31.6737.7%10.8%38.8%57.7%39.5%4.3%-4.7%240.6K1.5M-27.5K5.1366.34542756,8693,426
2019-01-29$32.35$31.6737.3%10.7%39.4%55.9%39.6%4.4%-5.3%320.3K-289.8K-30.5K1.0072.372952966,9003,667
2019-01-30$33.32$31.6737.2%10.7%40.5%55.6%37.0%5.3%-4.5%430.8K-3.1M-33.0K0.2177.947201557,0673,683
2019-01-31$33.18$34.6437.9%9.7%39.4%58.3%34.0%3.9%-1.8%458.3K-2.9M-34.1K0.2716.231,0322777,3563,637