SCCO Options History — August 2022

In August 2022, SCCO traded between $45.68 and $50.67. ATM implied volatility averaged 39.3%, placing in the 39.4% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 3.1% (HV 20d: 36.2%). Max pain ranged from $49.49 to $59.38. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 0.55.

Notable Days

2022-08-31: Highest Volume — 5,675 contracts
2022-08-09: Largest IV spike — 21.9% change
2022-08-30: Highest IV Rank — 64.3%
2022-08-30: Largest Expected Move — 13.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.88	$45.68	$50.67	$47.37	$46.81
Max Pain	$53.79	$49.49	$59.38	$49.49	$49.49
ATM IV	39.3%	32.9%	45.5%	40.0%	45.4%
Expected Move	11.3%	10.4%	13.0%	11.5%	13.0%
HV 20d	36.2%	30.6%	47.1%	47.1%	34.7%
HV 60d	40.8%	38.8%	44.1%	44.1%	40.9%
IV Rank	39.4%	13.3%	64.3%	42.3%	64.2%
IV Percentile	57.4%	9.5%	94.8%	67.5%	94.4%
Term Structure	0.3%	-3.1%	1.5%	-1.6%	-0.2%
VWIV	39.8%	37.1%	46.0%	40.9%	43.5%
Skew 25d	4.3%	1.5%	6.9%	5.3%	5.6%
Skew 10d	8.9%	4.5%	12.9%	12.9%	10.0%
Call IV 25d	38.5%	35.8%	44.2%	39.5%	42.4%
Put IV 25d	42.8%	39.1%	48.0%	44.9%	48.0%
Bid-Ask Spread %	44.43	6.23	60.40	18.24	6.23
Gamma HHI	0.33	0.24	0.50	0.39	0.26
Net GEX	335.3K	-431.1K	1.3M	-244.2K	677.3K
Net DEX	23.5M	5.2M	42.8M	36.6M	18.9M
Net VEX	-272.3K	-311.2K	-231.4K	-254.8K	-283.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.55	0.06	2.18	0.71	0.96
Total Volume	2,181.826	711	5,675	2,347	5,675
Total OI	45,782.87	42,867	49,596	43,604	49,596

Daily Data (23 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
2022-08-01	$47.37	$49.49	40.0%	11.5%	47.1%	42.3%	40.9%	5.3%	-1.6%	-244.2K	36.6M	-254.8K	0.71	18.24	1,369	978	25,266	18,338
2022-08-02	$46.64	$49.49	44.8%	12.8%	44.4%	61.7%	41.8%	6.7%	-3.1%	-238.2K	38.3M	-247.5K	0.55	18.57	1,635	894	25,659	18,445
2022-08-03	$46.08	$49.49	41.9%	12.0%	44.1%	49.8%	40.6%	4.6%	-2.9%	-353.5K	41.2M	-236.3K	0.63	19.86	1,624	1,030	25,755	18,728
2022-08-04	$45.68	$59.38	40.9%	11.1%	38.8%	45.9%	39.4%	4.9%	0.9%	-431.1K	42.8M	-231.4K	0.50	29.07	1,921	958	25,941	18,908
2022-08-05	$46.89	$59.38	40.1%	11.0%	40.3%	42.5%	37.6%	5.0%	1.2%	-349.1K	38.0M	-243.7K	0.84	13.84	1,125	949	26,330	18,894
2022-08-08	$47.00	$59.38	32.9%	11.6%	37.7%	13.3%	38.3%	5.2%	0.8%	-367.0K	37.3M	-241.1K	0.56	46.63	1,471	827	26,355	18,929
2022-08-09	$47.10	$54.43	40.2%	10.4%	37.4%	42.7%	37.8%	5.0%	1.1%	-291.8K	36.4M	-249.3K	0.21	52.39	951	198	26,698	19,016
2022-08-10	$47.84	$54.43	36.7%	10.5%	37.8%	28.6%	39.1%	4.5%	1.0%	134.7K	31.6M	-271.0K	2.18	49.54	1,112	2,420	26,886	19,093
2022-08-11	$48.10	$54.43	38.8%	11.1%	33.3%	37.1%	39.6%	3.0%	-0.0%	256.0K	20.8M	-277.5K	0.14	54.09	2,801	402	27,327	17,378
2022-08-12	$48.63	$54.43	37.2%	10.7%	32.9%	30.7%	37.1%	3.5%	1.1%	603.5K	17.6M	-287.1K	0.11	50.10	1,428	160	28,930	17,513
2022-08-15	$47.99	$54.43	36.7%	10.5%	32.6%	28.8%	38.0%	4.2%	1.1%	488.6K	22.0M	-272.3K	0.29	58.47	806	235	29,419	17,564
2022-08-16	$48.73	$54.43	36.7%	10.5%	31.7%	28.7%	38.6%	4.7%	0.9%	868.5K	15.3M	-284.2K	0.45	52.21	493	221	29,742	17,478
2022-08-17	$47.90	$54.43	36.8%	10.5%	32.1%	28.9%	38.8%	3.7%	1.5%	308.2K	21.4M	-270.4K	0.91	60.06	460	420	29,831	17,553
2022-08-18	$49.08	$54.43	37.2%	10.7%	33.1%	30.7%	37.3%	4.2%	0.5%	1.3M	13.1M	-290.1K	0.52	60.40	1,569	818	30,029	17,665
2022-08-19	$47.84	$54.43	36.4%	10.4%	33.4%	27.3%	39.9%	1.5%	1.2%	455.6K	21.5M	-270.1K	0.48	52.44	713	341	30,208	17,754
2022-08-22	$47.07	$54.43	38.5%	11.0%	33.1%	35.9%	40.2%	3.5%	-0.5%	376.2K	21.7M	-260.3K	0.52	52.22	708	367	28,234	14,633
2022-08-23	$48.96	$54.43	37.9%	10.9%	36.1%	33.5%	39.4%	3.3%	0.9%	640.7K	13.3M	-289.4K	0.60	51.12	732	436	28,777	14,952
2022-08-24	$48.66	$54.43	38.2%	11.0%	36.1%	34.9%	39.0%	4.0%	-0.0%	567.1K	15.9M	-288.0K	0.21	57.78	587	124	29,069	15,211
2022-08-25	$50.06	$54.43	37.4%	10.7%	37.0%	31.7%	37.7%	4.3%	0.3%	800.1K	8.9M	-302.4K	0.29	57.73	986	287	29,078	15,263
2022-08-26	$50.67	$49.49	42.0%	12.1%	33.5%	50.4%	40.6%	6.9%	0.4%	835.5K	5.2M	-311.2K	0.06	56.80	3,980	221	29,272	15,401
2022-08-29	$49.24	$54.43	42.6%	12.2%	30.6%	52.7%	44.0%	3.8%	1.1%	945.4K	7.2M	-308.8K	0.30	46.14	2,165	654	31,576	15,532
2022-08-30	$46.90	$49.49	45.5%	13.0%	35.0%	64.3%	46.0%	2.0%	0.3%	711.7K	16.7M	-292.2K	0.68	57.92	1,746	1,185	33,127	15,653
2022-08-31	$46.81	$49.49	45.4%	13.0%	34.7%	64.2%	43.5%	5.6%	-0.2%	677.3K	18.9M	-283.3K	0.96	6.23	2,897	2,778	33,709	15,887