SCCO Options History — February 2021

In February 2021, SCCO traded between $67.43 and $80.56. ATM implied volatility averaged 42.9%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 6.9% (HV 20d: 36.1%). Max pain ranged from $59.38 to $69.28. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.31.

Notable Days

2021-02-19: Highest Volume — 8,399 contracts
2021-02-22: Largest IV spike — 15.0% change
2021-02-25: Highest IV Rank — 23.5%
2021-02-25: Largest Expected Move — 14.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$72.43	$67.43	$80.56	$68.00	$71.49
Max Pain	$64.07	$59.38	$69.28	$59.38	$69.28
ATM IV	42.9%	37.9%	51.6%	45.9%	48.8%
Expected Move	12.4%	11.4%	14.8%	13.1%	14.0%
HV 20d	36.1%	30.5%	42.0%	37.8%	42.0%
HV 60d	28.9%	27.6%	33.2%	28.3%	33.2%
IV Rank	14.3%	9.1%	23.5%	18.0%	20.3%
IV Percentile	59.5%	32.9%	83.3%	72.2%	79.0%
Term Structure	0.3%	-2.9%	2.3%	2.3%	-1.7%
VWIV	44.1%	40.4%	51.4%	44.7%	50.6%
Skew 25d	3.5%	0.1%	5.3%	5.0%	5.0%
Skew 10d	8.0%	3.5%	12.0%	10.0%	8.2%
Call IV 25d	42.9%	39.1%	51.7%	45.7%	46.5%
Put IV 25d	46.5%	42.8%	56.9%	50.7%	51.6%
Bid-Ask Spread %	75.16	51.87	83.22	51.87	83.22
Gamma HHI	0.23	0.16	0.34	0.23	0.16
Net GEX	1.6M	935.6K	2.6M	944.2K	1.7M
Net DEX	-51.6M	-89.1M	-33.9M	-39.2M	-42.7M
Net VEX	-172.3K	-252.2K	-118.6K	-134.5K	-228.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.31	0.02	1.39	0.12	0.42
Total Volume	2,453.105	214	8,399	933	2,403
Total OI	22,165.368	18,791	27,793	18,853	27,793

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2021-02-01	$68.00	$59.38	45.9%	13.1%	37.8%	18.0%	44.7%	5.0%	2.3%	944.2K	-39.2M	-134.5K	0.12	51.87	834	99	12,809	6,044
2021-02-02	$67.56	$59.38	40.9%	11.7%	36.1%	12.5%	43.7%	4.6%	0.9%	940.0K	-37.7M	-127.8K	1.39	72.12	265	368	12,716	6,123
2021-02-03	$67.43	$59.38	39.9%	11.4%	35.9%	11.3%	41.0%	2.7%	1.9%	935.6K	-36.5M	-126.0K	0.19	73.72	180	34	12,634	6,224
2021-02-04	$68.60	$59.38	37.9%	11.5%	36.2%	9.1%	40.4%	3.1%	1.8%	1.0M	-41.0M	-120.0K	0.27	76.90	338	93	12,545	6,246
2021-02-05	$70.57	$59.38	39.0%	11.8%	35.9%	10.4%	41.6%	2.4%	1.8%	991.0K	-48.7M	-118.6K	0.09	76.33	4,134	381	12,569	6,252
2021-02-08	$70.42	$64.33	41.2%	12.1%	35.9%	12.8%	42.0%	2.1%	1.3%	1.3M	-53.4M	-148.1K	0.02	76.77	5,699	104	15,606	6,439
2021-02-09	$70.41	$64.33	41.2%	11.6%	35.6%	12.8%	41.4%	3.2%	1.2%	1.3M	-36.0M	-152.2K	0.31	75.18	661	202	13,277	6,469
2021-02-10	$70.84	$64.33	41.7%	12.0%	34.9%	13.3%	42.2%	4.1%	0.1%	1.4M	-37.8M	-157.6K	0.42	79.24	914	385	13,498	6,592
2021-02-11	$70.01	$64.33	40.4%	11.6%	34.2%	11.9%	42.7%	4.2%	0.5%	1.3M	-33.9M	-153.8K	0.33	79.54	203	67	13,602	6,906
2021-02-12	$71.46	$64.33	40.3%	11.5%	34.7%	11.8%	40.5%	4.4%	1.9%	1.5M	-40.2M	-155.4K	0.99	80.59	353	348	13,692	6,966
2021-02-16	$72.47	$64.33	40.7%	11.7%	32.7%	12.2%	41.2%	3.7%	0.2%	1.7M	-43.9M	-151.3K	0.19	82.19	1,367	261	13,595	7,252
2021-02-17	$73.25	$64.33	39.7%	11.4%	30.9%	10.2%	40.8%	3.6%	0.8%	1.9M	-48.5M	-152.0K	0.15	79.32	3,438	499	13,954	7,185
2021-02-18	$73.70	$64.33	39.8%	11.4%	30.5%	10.3%	41.2%	4.4%	1.3%	2.6M	-57.6M	-179.2K	0.31	78.56	933	292	16,803	7,036
2021-02-19	$78.62	$64.33	41.9%	12.0%	37.5%	12.5%	44.3%	3.2%	0.6%	2.1M	-83.8M	-182.7K	0.25	71.74	6,726	1,673	17,037	7,122
2021-02-22	$80.56	$64.33	48.2%	13.8%	38.0%	19.6%	49.2%	0.1%	-1.1%	2.1M	-89.1M	-238.6K	0.09	70.79	6,011	531	18,907	6,318
2021-02-23	$78.74	$69.28	48.7%	14.0%	38.2%	20.1%	50.1%	3.5%	-2.6%	2.1M	-78.0M	-250.1K	0.17	71.79	2,505	416	19,751	6,645
2021-02-24	$77.62	$69.28	48.2%	13.8%	38.9%	19.6%	49.6%	2.5%	-1.9%	2.1M	-74.3M	-252.2K	0.16	68.54	1,067	169	20,266	6,857
2021-02-25	$74.50	$69.28	51.6%	14.8%	39.5%	23.5%	51.4%	5.3%	-2.9%	1.8M	-58.6M	-246.4K	0.09	79.69	2,433	223	20,426	6,986
2021-02-26	$71.49	$69.28	48.8%	14.0%	42.0%	20.3%	50.6%	5.0%	-1.7%	1.7M	-42.7M	-228.2K	0.42	83.22	1,692	711	20,685	7,108