SCCO Options History — June 2019

In June 2019, SCCO traded between $34.24 and $38.94. ATM implied volatility averaged 29.9%, placing in the 24.3% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 6.9% (HV 20d: 23.0%). Max pain ranged from $35.19 to $36.62. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.44.

Notable Days

  • 2019-06-21: Highest Volume — 1,398 contracts
  • 2019-06-10: Largest IV spike — 5.0% change
  • 2019-06-03: Highest IV Rank — 38.6%
  • 2019-06-03: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.05$34.24$38.94$34.24$38.36
Max Pain$36.41$35.19$36.62$35.19$36.62
ATM IV29.9%27.6%33.0%33.0%27.8%
Expected Move8.6%7.9%9.5%9.5%8.0%
HV 20d23.0%21.1%25.1%24.9%22.1%
HV 60d28.5%27.4%30.0%29.7%27.4%
IV Rank24.3%12.8%38.6%38.6%13.4%
IV Percentile39.8%21.0%63.5%63.5%21.0%
Term Structure1.4%-1.1%2.8%-1.1%2.4%
VWIV29.7%27.8%33.4%33.3%28.2%
Skew 25d3.2%2.3%4.2%3.9%3.4%
Skew 10d8.5%5.2%17.2%7.3%8.1%
Call IV 25d28.2%26.1%31.2%31.2%26.1%
Put IV 25d31.5%29.3%35.1%35.1%29.5%
Bid-Ask Spread %16.1210.3023.3310.3016.05
Gamma HHI0.110.070.200.080.15
Net GEX511.9K190.6K848.6K190.6K557.8K
Net DEX-8.8M-15.9M-1.5M-1.5M-7.9M
Net VEX-43.5K-45.8K-40.7K-40.7K-44.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.071.600.260.20
Total Volume629.351761,398311945
Total OI10,986.98,24412,37211,2038,512

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-06-03$34.24$35.1933.0%9.5%24.9%38.6%33.3%3.9%-1.1%190.6K-1.5M-40.7K0.2610.30246657,1964,007
2019-06-04$35.03$35.1932.2%9.2%23.6%35.4%33.4%4.2%-0.4%273.8K-3.8M-42.5K0.6110.663231987,3274,035
2019-06-05$34.65$35.1932.5%9.3%23.8%36.2%32.9%3.1%-0.9%248.9K-2.9M-41.7K0.5711.114052297,4014,071
2019-06-06$34.90$36.6231.6%9.0%24.0%32.8%31.6%3.6%1.2%276.0K-3.6M-42.4K0.8521.233142677,4334,120
2019-06-07$35.62$36.6230.9%8.9%23.2%30.1%30.2%2.3%1.3%346.4K-5.7M-44.1K0.5723.335653207,4214,119
2019-06-10$35.99$36.6232.5%8.9%23.5%36.5%29.2%2.6%0.4%386.4K-6.8M-42.9K0.0719.85706487,4094,097
2019-06-11$36.89$36.6231.0%8.9%22.5%30.4%29.3%3.2%0.8%519.9K-10.0M-44.9K0.2220.056461417,8124,089
2019-06-12$36.62$36.6230.3%8.7%22.7%27.3%29.1%2.3%1.7%491.3K-9.2M-44.1K0.1318.43652887,7944,122
2019-06-13$36.97$36.6229.7%8.5%22.9%25.1%28.8%3.1%1.7%533.9K-10.3M-43.8K0.2018.276431307,7844,125
2019-06-14$36.67$36.6229.5%8.4%23.2%24.1%29.3%3.2%1.5%491.8K-9.1M-41.9K0.1615.298171307,8144,138
2019-06-17$36.94$36.6229.7%8.5%22.8%24.4%29.6%4.2%1.8%554.9K-10.2M-42.1K0.1812.98150268,0404,139
2019-06-18$38.24$36.6229.2%8.4%24.4%21.3%29.5%2.5%2.1%742.5K-14.6M-43.8K0.2918.525311548,0504,150
2019-06-19$37.83$36.6229.1%8.3%25.1%19.0%29.5%4.0%1.7%720.7K-13.1M-42.5K0.3513.813811338,1044,185
2019-06-20$38.60$36.6227.9%8.0%22.1%14.1%28.8%3.6%2.3%843.0K-15.5M-43.5K0.4616.204442068,1694,203
2019-06-21$38.80$36.6227.6%7.9%21.1%12.8%28.1%3.1%2.8%848.6K-15.9M-43.0K1.6018.715388608,1214,172
2019-06-24$38.94$36.6228.6%8.2%21.2%17.1%27.8%2.6%1.8%547.6K-9.5M-45.7K0.4914.86135665,7942,450
2019-06-25$38.54$36.6228.8%8.3%22.1%17.7%29.0%3.2%2.3%543.1K-8.6M-45.8K0.5317.02168895,9192,479
2019-06-26$38.60$36.6228.4%8.2%22.2%16.3%27.8%3.4%1.9%553.2K-8.6M-45.5K0.5114.042761395,9192,530
2019-06-27$38.66$36.6227.8%8.0%21.9%13.4%28.2%2.7%2.7%566.9K-8.6M-45.6K0.6311.732541595,9472,541
2019-06-28$38.36$36.6227.8%8.0%22.1%13.4%28.2%3.4%2.4%557.8K-7.9M-44.3K0.2016.057891565,9692,543