SCCO Options History — April 2019

In April 2019, SCCO traded between $37.69 and $41.41. ATM implied volatility averaged 29.8%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 2.7% (HV 20d: 27.1%). Max pain ranged from $35.63 to $40.58. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.58.

Notable Days

  • 2019-04-24: Highest Volume — 2,678 contracts
  • 2019-04-22: Largest IV spike — 9.4% change
  • 2019-04-25: Highest IV Rank — 40.4%
  • 2019-04-25: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.86$37.69$41.41$39.79$38.02
Max Pain$37.70$35.63$40.58$35.63$39.59
ATM IV29.8%26.3%33.5%29.1%30.8%
Expected Move8.7%8.2%9.6%8.5%8.8%
HV 20d27.1%22.6%29.4%29.0%25.6%
HV 60d33.3%32.2%35.9%35.9%32.8%
IV Rank25.4%11.1%40.4%22.7%29.7%
IV Percentile48.7%20.6%69.8%44.4%58.3%
Term Structure-0.3%-2.5%1.0%0.3%-0.5%
VWIV31.4%28.4%34.1%30.6%30.9%
Skew 25d4.4%3.3%5.3%4.2%4.5%
Skew 10d9.6%5.2%17.5%10.6%12.2%
Call IV 25d27.9%26.0%31.3%26.0%29.0%
Put IV 25d32.3%30.2%35.4%30.2%33.5%
Bid-Ask Spread %17.0712.2624.8524.8520.24
Gamma HHI0.090.070.200.080.11
Net GEX389.5K259.1K580.5K339.4K530.5K
Net DEX-15.4M-23.3M-7.8M-17.1M-8.6M
Net VEX-50.1K-67.7K-40.4K-46.8K-62.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.042.170.700.66
Total Volume1,010.0953412,678459760
Total OI12,325.95210,87514,61811,74513,326

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$39.79$35.6329.1%8.5%29.0%22.7%30.6%4.2%0.3%339.4K-17.1M-46.8K0.7024.852701896,7145,031
2019-04-02$39.37$35.6328.7%8.3%29.4%21.0%31.4%4.1%0.1%340.8K-16.0M-47.4K0.9022.811791626,6875,010
2019-04-03$39.89$35.6327.2%8.3%29.4%14.9%31.1%4.0%0.2%354.3K-17.2M-45.2K0.4715.993231526,7095,030
2019-04-04$40.49$35.6327.7%8.3%29.3%16.9%31.0%5.3%0.0%342.8K-18.1M-44.2K0.8818.243302906,6715,049
2019-04-05$40.64$35.6326.3%8.3%29.1%11.1%31.7%3.9%0.4%356.5K-18.3M-43.9K0.8915.833633216,7035,204
2019-04-08$41.23$35.6327.2%8.2%27.9%14.8%30.4%4.8%0.9%365.7K-20.0M-40.4K0.6414.222901856,7675,179
2019-04-09$40.33$36.6227.5%8.5%28.8%16.3%30.4%4.1%0.5%354.2K-17.6M-43.2K0.6118.783322046,7935,313
2019-04-10$40.62$36.6229.6%8.5%28.7%24.5%30.0%4.5%-0.1%372.5K-18.2M-42.1K0.5117.033051556,8225,316
2019-04-11$39.90$36.6230.6%8.8%27.2%29.0%31.3%4.4%-0.2%374.8K-16.4M-43.5K0.5415.583121696,8575,340
2019-04-12$40.50$36.6229.9%8.6%27.3%25.9%31.6%3.9%-0.5%393.0K-18.3M-42.0K0.5214.404122156,9175,351
2019-04-15$40.25$37.6129.6%8.5%27.2%24.6%30.7%5.0%1.0%399.9K-17.6M-41.2K0.2416.701,2743076,9395,428
2019-04-16$40.77$37.6128.7%8.2%27.1%21.0%30.5%4.9%0.1%442.3K-20.4M-50.6K0.4316.667233137,8365,703
2019-04-17$41.41$37.6128.6%8.2%27.4%20.7%28.4%3.9%1.0%446.2K-23.3M-49.1K2.1716.234981,0818,0925,710
2019-04-18$40.68$40.5829.9%8.6%28.3%26.1%29.5%4.5%-0.3%580.5K-18.5M-53.2K1.4017.486088538,1516,467
2019-04-22$39.92$40.5832.8%9.4%23.2%37.5%33.4%4.9%-1.7%259.1K-10.9M-53.0K0.1412.26317446,3974,478
2019-04-23$39.72$39.5931.9%9.2%23.3%34.2%33.7%4.5%-1.9%284.1K-10.5M-52.7K0.0915.82865796,4884,497
2019-04-24$38.92$39.5932.8%9.4%22.6%37.7%33.1%5.0%-2.0%292.6K-8.6M-53.2K0.0415.382,5661126,5614,507
2019-04-25$37.69$39.5933.5%9.6%25.3%40.4%33.8%4.1%-2.5%411.5K-7.8M-65.5K0.0818.812,0531728,2134,565
2019-04-26$38.55$39.5931.6%9.0%26.7%32.6%34.1%4.9%-0.1%454.4K-10.5M-67.7K0.1116.162,0442338,3354,616
2019-04-29$38.48$39.5931.1%8.9%26.0%30.8%31.2%3.3%-0.1%483.6K-10.4M-65.0K0.1315.041,0171358,3894,684
2019-04-30$38.02$39.5930.8%8.8%25.6%29.7%30.9%4.5%-0.5%530.5K-8.6M-62.2K0.6620.244583028,5574,769