SCCO Options History — August 2019

In August 2019, SCCO traded between $29.10 and $34.48. ATM implied volatility averaged 36.6%, placing in the 50.5% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 3.3% (HV 20d: 33.3%). Max pain ranged from $31.24 to $37.17. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.89.

Notable Days

  • 2019-08-16: Highest Volume — 876 contracts
  • 2019-08-05: Largest IV spike — 32.1% change
  • 2019-08-12: Highest IV Rank — 91.4%
  • 2019-08-14: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.86$29.10$34.48$34.48$31.21
Max Pain$33.84$31.24$37.17$36.62$31.24
ATM IV36.6%31.0%46.1%31.0%33.1%
Expected Move10.0%8.9%10.9%8.9%9.5%
HV 20d33.3%20.3%38.6%20.3%35.3%
HV 60d26.9%22.2%28.7%22.2%28.4%
IV Rank50.5%26.6%91.4%26.6%34.1%
IV Percentile73.9%48.0%99.2%48.0%56.7%
Term Structure-0.3%-1.8%1.8%-1.0%0.1%
VWIV34.9%28.3%39.0%28.3%33.7%
Skew 25d4.1%2.0%5.4%5.3%5.4%
Skew 10d8.6%2.4%14.0%2.4%9.5%
Call IV 25d32.9%27.6%36.6%27.6%30.3%
Put IV 25d37.0%32.9%40.8%32.9%35.7%
Bid-Ask Spread %13.397.8823.0215.7411.90
Gamma HHI0.140.080.800.130.08
Net GEX-58.6K-985.3K45.0K6.5K45.0K
Net DEX3.6M-414.9K6.6M2.8M-414.9K
Net VEX-21.4K-28.9K-15.5K-28.9K-27.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.890.1512.343.060.44
Total Volume37490876838258
Total OI9,647.2278,06610,4909,23410,226

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$34.48$36.6231.0%8.9%20.3%26.6%28.3%5.3%-1.0%6.5K2.8M-28.9K3.0615.742066326,2682,966
2019-08-02$32.81$36.6233.2%9.5%25.8%36.2%31.7%5.0%-1.5%7.1K4.9M-22.0K0.5811.121801046,2812,957
2019-08-05$31.85$37.1743.9%10.3%26.9%81.7%35.6%5.2%-1.8%8.3K5.5M-20.5K2.5114.851634086,3793,013
2019-08-06$32.00$36.1839.5%10.0%27.0%63.1%36.0%4.9%-0.7%-10.9K5.8M-20.4K0.7610.762061576,4963,345
2019-08-07$31.84$36.1840.2%10.2%26.9%66.2%34.7%4.5%-1.0%-6.7K5.4M-22.5K0.7314.87102756,5653,476
2019-08-08$33.01$35.1933.6%9.2%30.8%37.9%28.9%4.8%1.0%30.2K3.9M-24.5K0.2213.50336736,6343,330
2019-08-09$31.76$35.1935.0%9.4%32.8%43.9%34.7%4.3%0.1%30.7K4.9M-22.4K1.4712.3736546,9173,355
2019-08-12$30.74$35.1946.1%10.5%33.2%91.4%37.0%3.8%-1.3%-22.0K5.5M-19.1K7.7923.02241896,9113,252
2019-08-13$31.45$35.1941.6%9.7%34.9%71.9%32.0%3.6%0.1%7.6K4.9M-20.4K0.1814.73542996,9153,341
2019-08-14$30.37$35.1938.2%10.9%36.2%57.3%39.0%4.6%-1.3%-50.7K5.7M-19.2K3.2018.04441427,0853,373
2019-08-15$29.46$35.1937.9%10.9%36.8%56.3%37.1%3.9%-0.5%-126.0K6.6M-16.6K0.6014.6088537,0913,399
2019-08-16$29.64$34.2036.0%10.3%35.3%48.2%39.0%4.1%-0.7%-985.3K6.6M-15.5K12.3414.44668107,1033,379
2019-08-19$29.99$33.2133.3%9.5%36.1%36.4%34.7%4.4%1.8%-51.9K3.2M-16.7K0.1512.817201085,3562,710
2019-08-20$29.89$32.2233.8%9.7%36.2%38.5%34.9%3.4%1.3%-18.9K2.1M-19.9K0.4510.69170765,9782,689
2019-08-21$29.65$32.2234.1%9.8%35.5%39.8%33.1%3.8%0.0%-26.5K2.0M-20.2K0.4310.87159696,1432,707
2019-08-22$29.89$31.2433.4%9.6%36.2%37.1%35.1%2.7%0.8%-13.7K1.6M-21.0K1.3713.231001376,2312,713
2019-08-23$29.31$31.2436.7%10.5%36.1%50.9%36.2%3.7%-1.3%-32.5K2.2M-20.8K3.3312.09672226,3072,763
2019-08-26$29.10$31.2437.3%10.7%36.0%53.5%37.2%2.0%-0.1%-53.6K2.5M-20.1K0.3613.74269966,3412,943
2019-08-27$29.57$31.2437.0%10.6%37.3%52.6%37.8%4.7%-0.8%-37.8K2.0M-22.6K0.2012.20123246,5792,995
2019-08-28$30.14$31.2436.8%10.5%38.0%51.3%36.8%3.2%-0.5%-14.0K1.1M-24.3K0.8511.173032586,6693,002
2019-08-29$30.86$31.2433.0%9.5%38.6%35.3%33.3%4.0%1.0%25.9K103.7K-26.7K0.577.881781026,8953,161
2019-08-30$31.21$31.2433.1%9.5%35.3%34.1%33.7%5.4%0.1%45.0K-414.9K-27.6K0.4411.90179797,0043,222