SCCO Options History — July 2019

In July 2019, SCCO traded between $35.60 and $37.96. ATM implied volatility averaged 28.9%, placing in the 17.8% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 10.7% (HV 20d: 18.2%). Max pain ranged from $35.63 to $36.62. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.86.

Notable Days

  • 2019-07-30: Highest Volume — 1,336 contracts
  • 2019-07-05: Largest IV spike — 8.4% change
  • 2019-07-10: Highest IV Rank — 29.2%
  • 2019-07-10: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.03$35.60$37.96$37.96$35.60
Max Pain$36.44$35.63$36.62$36.62$36.62
ATM IV28.9%25.4%31.6%26.4%28.2%
Expected Move8.4%7.3%9.1%7.6%8.1%
HV 20d18.2%15.4%21.9%21.9%18.1%
HV 60d25.6%21.2%27.3%27.3%21.2%
IV Rank17.8%3.2%29.2%7.6%14.9%
IV Percentile29.9%2.8%52.4%10.3%21.0%
Term Structure-0.6%-2.9%4.0%3.5%-0.7%
VWIV28.7%25.4%31.5%25.4%28.2%
Skew 25d3.8%2.2%4.7%3.6%4.3%
Skew 10d8.1%4.1%19.1%8.7%6.2%
Call IV 25d27.0%24.6%29.0%25.0%26.0%
Put IV 25d30.8%27.3%33.3%28.5%30.3%
Bid-Ask Spread %15.9711.0320.9514.9412.30
Gamma HHI0.110.100.150.150.13
Net GEX357.7K57.4K611.0K610.3K57.4K
Net DEX-4.0M-7.3M535.9K-7.3M535.9K
Net VEX-39.3K-44.5K-33.1K-44.5K-33.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.104.530.104.53
Total Volume613.0911281,336147955
Total OI9,421.2738,44110,7939,0759,155

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-07-01$37.96$36.6226.4%7.6%21.9%7.6%25.4%3.6%3.5%610.3K-7.3M-44.5K0.1014.94134136,5232,552
2019-07-02$37.63$36.6225.9%7.4%21.4%5.4%26.7%2.8%3.1%575.8K-6.4M-43.3K1.1211.031251406,5622,556
2019-07-03$37.95$36.6225.4%7.3%20.7%3.2%25.9%2.2%4.0%611.0K-7.1M-43.5K0.5116.27102526,5962,642
2019-07-05$37.81$35.6327.5%8.5%20.9%12.2%29.3%4.0%-1.0%592.7K-6.7M-42.3K0.4318.10194836,6052,644
2019-07-08$37.72$35.6328.2%8.6%20.1%15.4%29.2%3.8%-1.3%589.4K-6.6M-40.7K0.5617.43106606,6342,673
2019-07-09$36.98$35.6329.2%9.0%21.4%19.2%31.4%4.2%-1.8%431.8K-4.2M-38.2K1.4115.972233156,6592,687
2019-07-10$36.94$35.6331.6%9.1%19.6%29.2%31.5%4.7%-2.0%406.1K-4.0M-38.1K2.5816.201082796,6972,849
2019-07-11$36.38$36.6230.4%8.7%20.1%24.1%29.8%4.3%-0.5%287.0K-2.4M-36.3K0.5215.192861486,7012,964
2019-07-12$36.47$36.6230.0%8.6%19.8%22.6%28.9%3.5%-1.1%283.7K-2.5M-35.5K0.2320.306511526,7082,972
2019-07-15$36.96$36.6230.3%8.7%20.2%23.7%31.2%3.5%-1.6%309.4K-3.5M-35.4K0.2214.43105236,7552,966
2019-07-16$36.98$36.6230.2%8.7%20.1%23.2%30.4%4.1%-1.5%316.9K-3.7M-34.8K0.3019.34331996,7782,975
2019-07-17$36.53$36.6229.8%8.5%15.7%21.6%30.4%3.9%-0.8%262.8K-2.7M-35.0K0.8720.956795896,9883,019
2019-07-18$36.46$36.6229.4%8.4%15.4%19.7%30.1%3.9%-0.3%252.4K-2.3M-40.1K0.9018.516936267,3963,397
2019-07-19$37.28$36.6229.2%8.4%15.8%19.0%29.1%3.6%-0.6%348.0K-4.9M-41.7K1.2816.904655947,3833,378
2019-07-22$37.22$36.6229.8%8.5%15.6%21.4%28.4%4.2%-0.9%267.4K-3.9M-41.2K0.2315.10247575,6102,831
2019-07-23$37.04$36.6231.0%8.9%15.5%26.7%27.9%3.3%-2.9%253.1K-3.6M-40.7K0.1715.90462785,6212,871
2019-07-24$37.34$36.6228.6%8.2%15.6%16.5%25.8%3.8%-1.5%328.9K-4.3M-41.4K0.1117.44683755,9182,892
2019-07-25$37.00$36.6228.7%8.2%15.8%16.9%27.0%4.3%-1.2%298.4K-3.5M-40.5K0.3414.136442166,1612,900
2019-07-26$37.02$36.6228.3%8.1%15.8%15.1%25.7%4.0%-1.5%299.7K-3.5M-40.1K0.2414.448312036,1892,918
2019-07-29$36.86$36.6229.5%8.5%15.6%20.3%30.0%4.4%-2.3%272.6K-3.0M-39.0K1.2413.981451816,3403,029
2019-07-30$36.65$36.6227.9%8.0%15.4%13.5%28.0%3.8%-1.1%214.2K-2.2M-38.4K1.1312.426267106,3953,179
2019-07-31$35.60$36.6228.2%8.1%18.1%14.9%28.2%4.3%-0.7%57.4K535.9K-33.1K4.5312.301737826,2272,928