SCCO Options History — November 2022

In November 2022, SCCO traded between $47.73 and $60.26. ATM implied volatility averaged 40.5%, placing in the 44.3% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded below realized volatility by 19.6% (HV 20d: 60.2%). Max pain ranged from $44.54 to $54.43. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.45.

Notable Days

  • 2022-11-11: Highest Volume — 11,651 contracts
  • 2022-11-28: Largest IV spike — 9.6% change
  • 2022-11-08: Highest IV Rank — 62.6%
  • 2022-11-02: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.96$47.73$60.26$49.61$60.26
Max Pain$50.66$44.54$54.43$44.54$54.43
ATM IV40.5%36.1%45.0%42.8%39.3%
Expected Move11.6%10.4%12.3%12.3%11.3%
HV 20d60.2%45.4%66.1%45.4%57.4%
HV 60d48.3%41.8%50.8%41.8%48.8%
IV Rank44.3%26.3%62.6%53.6%39.2%
IV Percentile48.6%15.1%84.1%70.6%35.7%
Term Structure-0.5%-1.9%0.4%-0.6%-1.9%
VWIV40.9%36.7%44.0%42.9%40.0%
Skew 25d4.1%3.0%5.8%4.7%5.8%
Skew 10d9.9%4.3%22.4%22.4%20.7%
Call IV 25d39.2%35.6%43.1%41.7%35.7%
Put IV 25d43.3%39.2%46.4%46.4%41.5%
Bid-Ask Spread %50.8910.2971.7862.1371.78
Gamma HHI0.250.170.380.230.21
Net GEX1.0M375.8K1.7M539.5K1.3M
Net DEX-35.0M-66.5M9.7M897.4K-55.0M
Net VEX-275.3K-295.4K-231.4K-245.2K-279.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.450.523.550.783.55
Total Volume4,227.38117911,6512,6481,738
Total OI39,152.23836,50943,13936,50939,568

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-11-01$49.61$44.5442.8%12.3%45.4%53.6%42.9%4.7%-0.6%539.5K897.4K-245.2K0.7862.131,4871,16122,35714,152
2022-11-02$47.73$44.5443.0%12.3%47.5%54.4%44.0%3.1%-1.0%375.8K9.7M-231.6K0.5645.991,53085722,62414,305
2022-11-03$47.78$49.4941.8%11.9%47.3%49.6%43.8%5.5%-0.2%401.0K9.5M-231.4K0.7366.441,12582322,84014,394
2022-11-04$53.29$49.4941.4%11.6%60.9%48.0%41.9%4.6%0.4%840.5K-17.4M-266.9K0.6653.153,0111,98522,89914,506
2022-11-07$52.53$49.4941.8%11.9%61.2%49.5%43.3%4.3%-0.4%753.6K-13.8M-269.5K0.5258.943,2931,71323,77315,521
2022-11-08$53.72$49.4945.0%12.1%61.3%62.6%41.8%3.5%-1.0%879.5K-16.7M-276.5K1.1251.793,2343,63322,91215,348
2022-11-09$52.96$49.4941.6%11.9%61.6%48.5%41.2%3.7%-0.8%986.3K-18.6M-270.2K1.3166.161,9762,59723,67814,285
2022-11-10$55.49$49.4940.5%11.6%63.3%44.0%39.1%5.3%-0.2%1.3M-40.5M-273.1K1.3647.582,0992,85423,87713,030
2022-11-11$59.68$49.4940.8%11.7%65.3%45.5%41.5%3.0%0.1%1.2M-61.9M-285.1K0.7045.896,8534,79823,68613,256
2022-11-14$60.10$49.4941.9%12.0%65.3%49.8%40.8%3.5%-1.9%1.7M-66.5M-295.4K1.8158.412,3114,19326,71714,895
2022-11-15$60.10$49.4941.6%11.9%65.0%48.8%41.1%4.4%-1.5%1.7M-66.1M-293.2K1.7345.302,1593,73126,86615,081
2022-11-16$58.44$49.4940.4%11.6%65.7%43.9%41.0%3.6%-1.0%1.6M-53.8M-293.5K1.5765.702,3393,66227,08315,322
2022-11-17$57.91$49.4940.2%11.5%66.1%43.1%42.8%3.6%0.1%1.5M-50.7M-284.3K1.7264.182,0753,56627,27315,258
2022-11-18$57.50$49.4939.3%11.3%65.8%39.1%39.8%3.5%-0.3%825.3K-47.6M-286.9K1.5838.782,3063,63827,60915,530
2022-11-21$56.55$54.4340.3%11.6%61.4%43.4%39.8%4.4%-0.7%725.9K-31.0M-277.6K1.3756.561,8062,46923,77913,803
2022-11-22$58.88$54.4337.3%10.7%61.9%31.2%37.0%4.5%0.1%1.1M-46.1M-291.1K2.8031.898982,51824,75913,964
2022-11-23$58.66$54.4336.3%10.4%61.0%27.2%36.7%3.9%0.4%1.1M-46.0M-289.3K3.2535.917362,39425,15514,010
2022-11-25$58.30$54.4336.1%10.4%60.4%26.3%37.2%3.3%0.4%1.1M-43.3M-282.1K1.1310.29849525,20414,074
2022-11-28$57.01$54.4339.6%11.3%59.6%40.4%41.4%4.3%-1.1%962.3K-35.8M-278.3K0.9921.7820220025,27814,080
2022-11-29$58.66$54.4339.8%11.4%60.0%41.3%41.9%3.5%-0.6%1.1M-44.8M-281.9K1.2070.0328534125,30214,144
2022-11-30$60.26$54.4339.3%11.3%57.4%39.2%40.0%5.8%-1.9%1.3M-55.0M-279.2K3.5571.783821,35625,42414,144