SCCO Options History — December 2022

In December 2022, SCCO traded between $58.80 and $61.61. ATM implied volatility averaged 38.5%, placing in the 36.1% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 5.2% (HV 20d: 33.3%). Max pain ranged from $54.43 to $54.43. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2022-12-15: Highest Volume — 7,619 contracts
  • 2022-12-14: Largest IV drop — 23.1% change
  • 2022-12-12: Highest IV Rank — 80.6%
  • 2022-12-07: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.27$58.80$61.61$60.71$59.75
Max Pain$54.43$54.43$54.43$54.43$54.43
ATM IV38.5%32.7%49.5%38.6%34.1%
Expected Move10.4%9.4%11.2%11.1%9.8%
HV 20d33.3%23.5%54.5%54.5%24.6%
HV 60d46.5%44.1%48.8%48.8%44.4%
IV Rank36.1%12.2%80.6%36.5%17.9%
IV Percentile35.3%5.2%96.8%32.9%5.6%
Term Structure3.0%-1.8%5.1%-1.8%5.1%
VWIV36.4%32.2%43.2%38.0%35.0%
Skew 25d3.2%1.8%4.6%3.5%2.6%
Skew 10d6.2%2.7%16.3%4.3%5.1%
Call IV 25d35.0%32.4%37.6%36.9%33.3%
Put IV 25d38.1%34.5%41.0%40.4%35.9%
Bid-Ask Spread %64.0648.5775.1648.5765.35
Gamma HHI0.250.190.460.210.28
Net GEX1.4M1.0M2.8M1.3M1.5M
Net DEX-49.2M-62.1M-33.6M-57.6M-39.8M
Net VEX-271.3K-293.4K-259.2K-293.4K-260.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.012.140.260.42
Total Volume1,164.0482387,619437238
Total OI40,199.23836,32648,20040,30538,944

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$60.71$54.4338.6%11.1%54.5%36.5%38.0%3.5%-1.8%1.3M-57.6M-293.4K0.2648.573469125,60814,697
2022-12-02$61.39$54.4338.3%11.0%54.4%35.0%36.1%3.8%-1.1%1.5M-62.1M-290.6K0.3768.1772727125,67814,725
2022-12-05$59.97$54.4342.8%10.9%42.1%53.3%37.9%3.2%2.3%1.3M-53.2M-283.8K0.4567.5595743026,11514,821
2022-12-06$60.18$54.4342.4%11.0%41.5%51.9%38.4%3.0%2.6%1.2M-52.3M-278.5K0.5269.1080941825,87915,089
2022-12-07$59.47$54.4346.0%11.2%41.6%66.4%43.2%3.3%3.5%1.2M-49.2M-281.9K2.1467.085061,08226,05015,103
2022-12-08$60.89$54.4343.3%10.9%41.4%55.4%37.0%3.5%3.3%1.4M-57.8M-280.5K0.2164.5974315326,17115,070
2022-12-09$60.15$54.4343.2%10.9%39.1%55.3%38.4%3.7%2.2%1.3M-54.0M-278.7K0.7367.4325518526,60915,159
2022-12-12$59.99$54.4349.5%11.0%29.5%80.6%39.9%4.6%2.5%1.3M-52.0M-271.5K1.5564.9223736826,67415,244
2022-12-13$60.66$54.4346.8%10.8%29.7%69.6%37.3%4.3%2.7%1.3M-56.9M-266.7K0.2967.0552415026,71615,445
2022-12-14$60.77$54.4335.9%10.3%29.7%25.6%36.4%4.6%4.3%1.2M-58.2M-265.8K0.4275.1632113626,85915,474
2022-12-15$59.18$54.4336.7%10.5%29.5%28.8%37.1%1.9%3.4%1.1M-47.8M-259.2K0.0155.367,50711226,89915,485
2022-12-16$59.41$54.4335.2%10.1%29.3%22.6%35.5%2.3%3.7%2.8M-50.7M-265.7K0.2159.591,67834532,69015,510
2022-12-19$58.80$54.4335.5%10.2%29.4%23.8%36.1%2.4%2.5%1.0M-33.6M-261.7K0.6557.3182953826,8159,511
2022-12-20$60.02$54.4334.1%9.8%29.4%18.3%33.3%2.3%5.0%1.4M-40.8M-271.5K0.1264.0191911327,2949,737
2022-12-21$60.82$54.4334.1%9.8%26.2%18.0%33.2%2.8%3.9%1.6M-44.9M-269.9K0.2564.243368427,7059,786
2022-12-22$60.02$54.4334.3%9.8%26.7%18.7%35.6%2.3%4.4%1.4M-40.8M-266.0K1.1264.1221423927,9019,838
2022-12-23$60.36$54.4332.7%9.4%26.6%12.2%32.2%1.8%4.6%1.6M-43.1M-263.4K0.3365.7031710527,9869,956
2022-12-27$61.61$54.4335.7%10.2%25.8%24.7%34.8%3.6%3.5%1.8M-48.7M-264.8K0.0660.398134827,95810,005
2022-12-28$60.48$54.4335.4%10.2%25.2%23.5%35.3%3.2%3.4%1.6M-43.7M-262.2K1.4169.0914420428,40910,026
2022-12-29$61.01$54.4334.6%9.9%23.5%20.1%33.5%3.4%3.9%1.7M-45.3M-261.5K0.0960.508787528,45010,093
2022-12-30$59.75$54.4334.1%9.8%24.6%17.9%35.0%2.6%5.1%1.5M-39.8M-260.3K0.4265.351687028,81810,126