SCCO Options History — February 2022

In February 2022, SCCO traded between $62.58 and $68.37. ATM implied volatility averaged 38.0%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 8.2% (HV 20d: 29.8%). Max pain ranged from $59.38 to $64.33. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 1.06.

Notable Days

2022-02-04: Highest Volume — 6,427 contracts
2022-02-11: Largest IV spike — 11.5% change
2022-02-01: Highest IV Rank — 26.3%
2022-02-01: Largest Expected Move — 11.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$65.67	$62.58	$68.37	$64.14	$68.37
Max Pain	$61.73	$59.38	$64.33	$64.33	$64.33
ATM IV	38.0%	33.0%	40.6%	40.6%	39.8%
Expected Move	10.8%	9.5%	11.7%	11.7%	11.4%
HV 20d	29.8%	26.1%	33.9%	32.9%	26.9%
HV 60d	29.5%	27.8%	32.6%	32.5%	28.4%
IV Rank	20.0%	8.0%	26.3%	26.3%	24.3%
IV Percentile	55.0%	9.5%	75.8%	73.0%	72.6%
Term Structure	-0.8%	-4.0%	0.8%	-4.0%	-1.6%
VWIV	37.9%	34.1%	41.1%	40.5%	41.1%
Skew 25d	2.6%	0.5%	4.2%	1.7%	3.1%
Skew 10d	9.7%	2.5%	38.9%	33.6%	5.7%
Call IV 25d	36.9%	33.9%	39.8%	39.8%	39.1%
Put IV 25d	39.5%	35.1%	42.3%	41.5%	42.2%
Bid-Ask Spread %	46.65	20.37	61.47	56.82	51.77
Gamma HHI	0.28	0.19	0.41	0.23	0.33
Net GEX	1.2M	499.7K	2.1M	961.2K	1.6M
Net DEX	-30.1M	-46.3M	-17.9M	-25.7M	-39.9M
Net VEX	-297.5K	-329.7K	-263.8K	-272.2K	-315.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.06	0.20	6.20	0.35	0.69
Total Volume	2,646.842	1,442	6,427	1,442	2,876
Total OI	30,192.842	24,545	34,178	24,545	30,414

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
2022-02-01	$64.14	$64.33	40.6%	11.7%	32.9%	26.3%	40.5%	1.7%	-4.0%	961.2K	-25.7M	-272.2K	0.35	56.82	1,071	371	15,097	9,448
2022-02-02	$63.49	$64.33	37.9%	10.9%	32.7%	19.8%	39.1%	2.4%	-1.4%	895.6K	-22.2M	-265.7K	0.38	55.46	1,099	413	15,164	9,517
2022-02-03	$62.60	$59.38	39.5%	10.4%	33.2%	23.6%	35.7%	3.4%	-0.8%	768.3K	-18.1M	-267.0K	0.88	57.46	891	783	15,319	9,622
2022-02-04	$62.58	$59.38	36.5%	10.0%	33.2%	16.3%	38.1%	1.9%	-0.1%	780.0K	-17.9M	-263.8K	6.20	57.56	892	5,535	15,292	10,069
2022-02-07	$63.03	$59.38	37.9%	10.0%	31.9%	19.7%	36.0%	1.2%	-0.1%	499.7K	-18.9M	-266.8K	0.51	20.37	2,223	1,140	15,373	14,339
2022-02-08	$64.89	$59.38	35.3%	9.7%	33.4%	13.4%	34.1%	1.8%	0.8%	1.2M	-30.8M	-271.9K	0.31	21.75	1,536	482	16,718	15,181
2022-02-09	$67.14	$59.38	33.0%	9.5%	33.9%	8.0%	34.2%	1.2%	0.7%	2.1M	-46.3M	-276.3K	1.02	25.09	866	883	17,380	15,169
2022-02-10	$66.29	$59.38	35.3%	10.1%	28.5%	13.4%	35.5%	0.5%	0.8%	2.0M	-41.3M	-281.1K	0.49	55.87	2,653	1,297	17,409	15,253
2022-02-11	$66.44	$59.38	39.3%	11.3%	28.1%	23.1%	36.6%	1.7%	-1.1%	1.8M	-41.0M	-308.1K	0.20	61.47	5,294	1,034	18,438	15,740
2022-02-14	$65.77	$59.38	39.6%	11.4%	28.2%	23.9%	40.4%	3.2%	-1.0%	996.0K	-26.0M	-329.7K	0.79	51.18	1,373	1,079	16,634	15,839
2022-02-15	$66.30	$59.38	38.1%	10.9%	28.1%	20.3%	38.7%	3.0%	-0.7%	1.2M	-29.2M	-323.3K	0.78	55.04	1,191	928	16,664	15,930
2022-02-16	$67.82	$59.38	35.9%	10.3%	29.3%	14.8%	36.5%	2.9%	0.1%	1.7M	-37.0M	-324.7K	1.20	26.36	922	1,110	16,801	15,943
2022-02-17	$66.69	$64.33	38.4%	11.0%	29.8%	20.9%	37.4%	2.8%	0.2%	1.3M	-30.9M	-319.0K	0.87	60.20	1,142	989	16,871	15,907
2022-02-18	$66.93	$64.33	36.8%	10.6%	27.9%	17.1%	38.4%	3.8%	-1.1%	1.2M	-32.7M	-319.2K	1.05	27.70	953	997	17,085	15,968
2022-02-22	$66.30	$64.33	40.1%	11.5%	26.1%	25.0%	39.8%	3.5%	-1.4%	1.1M	-28.6M	-316.1K	1.27	57.88	870	1,107	15,540	13,944
2022-02-23	$65.64	$64.33	40.2%	11.5%	26.4%	25.3%	40.4%	4.2%	-1.3%	1.0M	-24.8M	-313.5K	1.48	38.49	737	1,091	15,658	14,056
2022-02-24	$65.36	$64.33	40.6%	11.6%	26.5%	26.2%	40.5%	3.6%	-1.6%	1.0M	-23.9M	-307.0K	1.02	56.33	903	919	15,736	14,125
2022-02-25	$67.88	$64.33	37.3%	10.7%	29.1%	18.2%	37.9%	3.5%	-1.0%	1.5M	-36.3M	-311.5K	0.71	49.46	1,541	1,099	15,834	14,187
2022-02-28	$68.37	$64.33	39.8%	11.4%	26.9%	24.3%	41.1%	3.1%	-1.6%	1.6M	-39.9M	-315.4K	0.69	51.77	1,704	1,172	16,386	14,028