SCCO Options History — May 2019

In May 2019, SCCO traded between $32.81 and $37.41. ATM implied volatility averaged 34.1%, placing in the 43.0% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 2.2% (HV 20d: 31.9%). Max pain ranged from $33.21 to $39.59. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.04.

Notable Days

  • 2019-05-14: Highest Volume — 2,023 contracts
  • 2019-05-13: Largest IV spike — 29.0% change
  • 2019-05-13: Highest IV Rank — 86.3%
  • 2019-05-13: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.68$32.81$37.41$36.45$33.41
Max Pain$35.61$33.21$39.59$39.59$35.19
ATM IV34.1%29.4%44.8%31.7%33.6%
Expected Move9.4%8.4%10.7%9.1%9.6%
HV 20d31.9%28.0%34.3%29.2%28.0%
HV 60d31.3%29.0%35.1%34.1%29.2%
IV Rank43.0%23.9%86.3%33.4%40.7%
IV Percentile67.7%48.0%98.4%61.9%67.1%
Term Structure-0.4%-1.9%1.3%-0.5%-0.7%
VWIV33.1%30.0%40.8%31.8%32.5%
Skew 25d3.9%2.4%5.2%4.5%4.3%
Skew 10d9.7%5.2%23.1%11.8%18.3%
Call IV 25d31.2%27.2%35.6%29.7%31.6%
Put IV 25d35.1%32.3%40.0%34.2%35.9%
Bid-Ask Spread %13.329.4516.3514.5710.82
Gamma HHI0.120.080.370.100.09
Net GEX111.6K-504.5K502.5K350.9K129.0K
Net DEX-1.0M-9.2M2.0M-3.2M530.5K
Net VEX-49.5K-61.4K-39.1K-55.9K-39.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.040.252.570.530.63
Total Volume608.9091692,023769298
Total OI12,554.04510,79713,98213,16911,291

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$36.45$39.5931.7%9.1%29.2%33.4%31.8%4.5%-0.5%350.9K-3.2M-55.9K0.5314.575022678,4164,753
2019-05-02$35.90$39.5931.8%9.1%28.8%33.6%31.2%3.7%-1.1%311.3K-2.2M-55.0K0.8513.254944188,3354,793
2019-05-03$37.41$38.6029.4%8.4%32.5%23.9%30.0%5.2%0.1%502.5K-9.2M-60.3K0.8811.535164548,4814,461
2019-05-06$36.07$33.2135.3%9.2%34.3%47.9%32.5%3.9%-0.5%321.5K-4.8M-56.4K2.5712.692666838,5154,519
2019-05-07$36.12$34.2039.3%9.9%33.6%63.9%35.6%4.7%-0.5%255.2K-5.1M-60.7K2.0115.933396818,6004,875
2019-05-08$36.10$35.1937.5%9.8%33.1%56.9%34.5%4.7%-0.9%201.5K-4.2M-61.4K0.7814.044803768,6105,214
2019-05-09$35.13$35.1939.7%10.1%33.6%65.6%35.1%5.0%-0.7%59.0K-863.0K-57.4K0.6913.403812658,5105,232
2019-05-10$35.29$35.1934.7%9.6%33.6%45.4%34.7%3.3%-1.3%45.3K-1.4M-56.6K0.3414.215061708,5105,321
2019-05-13$34.37$35.1944.8%10.7%33.4%86.3%40.8%4.4%-1.8%-53.8K1.6M-52.4K1.7813.242233988,5105,321
2019-05-14$34.70$35.1939.2%9.9%34.0%63.7%36.9%3.7%-1.9%-129.8K1.1M-52.3K2.4516.155861,4378,4295,553
2019-05-15$34.74$35.1932.1%9.2%33.3%34.8%34.5%4.2%0.3%3.7K475.8K-50.0K1.9616.121011988,5515,171
2019-05-16$34.75$35.1930.8%8.8%32.3%29.7%32.5%3.9%0.4%-106.2K136.0K-49.8K1.8216.351382538,6045,208
2019-05-17$34.45$35.1931.7%9.1%32.1%33.1%30.8%3.9%-0.5%-504.5K2.0M-48.2K1.6114.781572538,6285,221
2019-05-20$33.98$35.1932.2%9.2%31.9%35.1%32.3%2.9%0.3%166.4K-744.3K-45.1K0.5516.06133736,8443,953
2019-05-21$34.13$35.1931.1%8.9%32.3%30.7%31.2%3.0%0.8%175.7K-1.0M-45.7K0.4110.71217896,9074,016
2019-05-22$33.16$35.1932.6%9.3%32.9%36.7%31.7%2.4%-0.5%105.5K1.2M-41.5K0.729.452221606,9744,046
2019-05-23$32.81$35.1933.7%9.7%31.6%41.5%33.1%4.5%-0.0%79.2K1.8M-39.7K0.6411.223071987,0194,018
2019-05-24$33.14$35.1931.6%9.1%30.4%33.0%30.8%2.4%1.3%110.8K875.6K-40.8K0.6312.253322107,1044,018
2019-05-28$33.45$35.1932.8%9.4%30.9%37.8%31.7%4.0%-0.5%125.6K452.5K-40.2K0.2511.28135347,1394,008
2019-05-29$33.76$35.1932.3%9.3%31.4%35.8%33.1%4.0%0.1%154.6K-207.5K-40.4K0.2613.22163427,2134,024
2019-05-30$33.59$35.1932.3%9.3%28.3%35.8%31.1%4.2%-0.5%150.8K-116.7K-40.5K0.4211.70170717,2394,035
2019-05-31$33.41$35.1933.6%9.6%28.0%40.7%32.5%4.3%-0.7%129.0K530.5K-39.1K0.6310.821831157,2324,059