SCCO Options History — January 2023

In January 2023, SCCO traded between $61.01 and $76.43. ATM implied volatility averaged 37.5%, placing in the 26.4% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 7.3% (HV 20d: 30.3%). Max pain ranged from $54.43 to $69.28. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.99.

Notable Days

  • 2023-01-06: Highest Volume — 16,922 contracts
  • 2023-01-05: Largest IV spike — 11.0% change
  • 2023-01-31: Highest IV Rank — 34.9%
  • 2023-01-31: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$71.80$61.01$76.43$61.01$74.70
Max Pain$64.08$54.43$69.28$54.43$69.28
ATM IV37.5%32.8%40.2%36.2%40.2%
Expected Move10.9%9.4%11.5%10.4%11.5%
HV 20d30.3%25.1%32.9%25.4%29.0%
HV 60d43.7%38.9%45.7%44.4%38.9%
IV Rank26.4%12.7%34.9%26.6%34.9%
IV Percentile26.2%3.2%46.8%16.3%46.8%
Term Structure-1.9%-5.2%5.2%2.4%-5.2%
VWIV38.2%35.3%40.1%35.3%39.4%
Skew 25d3.5%1.9%5.7%4.7%3.9%
Skew 10d7.6%3.7%31.0%9.7%31.0%
Call IV 25d36.3%33.6%38.9%33.6%37.5%
Put IV 25d39.8%37.3%41.6%38.3%41.3%
Bid-Ask Spread %41.9824.6666.2966.2932.38
Gamma HHI0.320.230.560.280.24
Net GEX3.8M1.7M9.4M1.7M2.6M
Net DEX-100.9M-162.5M-45.3M-45.3M-68.6M
Net VEX-388.3K-480.1K-259.3K-259.3K-469.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.990.036.900.251.29
Total Volume4,573.434716,9223471,295
Total OI48,912.839,02066,74239,02047,371

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-01-03$61.01$54.4336.2%10.4%25.4%26.6%35.3%4.7%2.4%1.7M-45.3M-259.3K0.2566.292786928,85610,164
2023-01-04$62.39$54.4332.8%9.4%25.1%12.7%36.7%3.4%5.2%2.1M-54.4M-263.6K0.4264.9573030828,94510,201
2023-01-05$63.94$54.4336.4%11.2%26.3%27.4%38.4%3.4%-2.1%2.5M-65.1M-271.2K0.1856.052,24640229,16210,345
2023-01-06$66.97$54.4333.1%10.2%29.8%14.0%36.9%3.4%-0.4%3.4M-87.8M-279.3K0.0344.6016,50741530,78510,628
2023-01-09$68.63$59.3834.8%10.6%29.9%21.0%36.4%4.3%-1.4%6.0M-112.6M-314.9K0.0948.233,25028139,97310,689
2023-01-10$70.76$59.3835.1%11.0%30.3%22.1%37.8%2.9%-1.4%5.8M-126.9M-314.6K0.2141.657,5831,57037,91710,839
2023-01-11$72.54$59.3838.5%11.0%30.6%31.2%38.2%3.3%-1.2%6.5M-147.5M-349.1K0.0839.6313,2641,08639,18811,266
2023-01-12$74.83$64.3338.5%11.0%31.5%31.1%39.1%1.9%-1.3%6.0M-162.5M-362.4K0.5037.672,6161,29843,23212,057
2023-01-13$76.43$64.3338.0%10.9%31.6%24.5%38.2%2.0%-1.4%3.5M-155.4M-354.3K0.7229.663,0722,22339,75612,966
2023-01-17$74.57$64.3340.1%11.5%31.3%34.6%40.1%3.9%-2.6%3.1M-137.6M-397.6K1.1445.831,7081,95340,75714,715
2023-01-18$74.95$69.2839.5%11.3%31.2%31.5%37.9%2.6%-2.9%3.2M-140.1M-420.7K0.1136.4614,0861,57641,47815,572
2023-01-19$75.57$69.2839.7%11.4%30.2%32.4%40.1%2.6%-2.3%4.3M-156.4M-480.1K0.7438.251,5491,15450,33516,407
2023-01-20$74.17$69.2837.7%10.8%32.0%23.5%40.0%3.1%-1.3%9.4M-135.8M-466.2K0.3330.411,75557950,30416,335
2023-01-23$73.36$69.2838.8%11.1%32.9%28.3%38.7%4.2%-3.7%2.6M-68.4M-449.2K0.8644.391,2181,04831,81210,553
2023-01-24$74.50$69.2838.3%11.0%31.8%26.1%38.2%3.6%-3.4%3.0M-76.8M-463.3K0.5331.1456830332,43511,125
2023-01-25$74.51$69.2837.4%10.7%32.0%21.8%37.8%5.7%-2.9%3.0M-75.8M-455.2K1.5442.7635554532,83011,315
2023-01-26$74.00$69.2838.0%10.9%32.3%24.9%37.3%3.4%-3.4%2.8M-71.4M-455.2K6.9039.003002,06932,97511,514
2023-01-27$74.20$69.2838.1%10.9%30.8%25.1%38.3%3.5%-3.1%2.7M-67.8M-471.9K1.9245.595391,03633,12113,130
2023-01-30$73.92$69.2839.9%11.4%31.1%33.6%39.6%4.2%-4.5%2.4M-62.5M-468.5K1.9624.6621442033,06914,134
2023-01-31$74.70$69.2840.2%11.5%29.0%34.9%39.4%3.9%-5.2%2.6M-68.6M-469.4K1.2932.3856772833,14414,227