SCCO Options History — April 2023

In April 2023, SCCO traded between $73.41 and $80.90. ATM implied volatility averaged 35.1%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 1.0% (HV 20d: 34.1%). Max pain ranged from $69.28 to $74.23. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.52.

Notable Days

2023-04-17: Highest Volume — 13,539 contracts
2023-04-25: Largest IV spike — 15.9% change
2023-04-25: Highest IV Rank — 29.9%
2023-04-25: Largest Expected Move — 11.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$76.82	$73.41	$80.90	$76.41	$75.60
Max Pain	$73.19	$69.28	$74.23	$74.23	$74.23
ATM IV	35.1%	33.2%	38.4%	34.0%	33.4%
Expected Move	10.1%	9.5%	11.0%	9.8%	9.6%
HV 20d	34.1%	26.7%	44.1%	44.1%	34.3%
HV 60d	35.4%	34.3%	37.1%	36.0%	36.2%
IV Rank	15.1%	6.6%	29.9%	10.4%	7.4%
IV Percentile	14.5%	3.6%	37.3%	6.3%	4.4%
Term Structure	0.7%	-2.4%	3.4%	2.5%	2.7%
VWIV	34.9%	32.2%	37.4%	35.1%	32.2%
Skew 25d	4.7%	3.5%	6.5%	4.2%	4.0%
Skew 10d	8.9%	5.5%	13.3%	13.0%	5.5%
Call IV 25d	32.9%	30.8%	35.3%	31.3%	30.8%
Put IV 25d	37.6%	34.8%	40.7%	35.5%	34.8%
Bid-Ask Spread %	60.79	17.10	74.77	66.40	70.73
Gamma HHI	0.29	0.22	0.43	0.24	0.30
Net GEX	2.3M	860.4K	5.5M	1.3M	2.1M
Net DEX	-58.5M	-111.4M	-28.7M	-47.7M	-47.2M
Net VEX	-484.0K	-531.4K	-448.1K	-471.6K	-499.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.52	0.17	1.86	1.07	0.32
Total Volume	1,715.105	168	13,539	418	460
Total OI	38,878.684	34,448	44,930	34,448	42,375

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
2023-04-03	$76.41	$74.23	34.0%	9.8%	44.1%	10.4%	35.1%	4.2%	2.5%	1.3M	-47.7M	-471.6K	1.07	66.40	202	216	19,261	15,187
2023-04-04	$73.86	$74.23	34.8%	10.0%	41.6%	13.8%	35.0%	3.5%	3.0%	1.0M	-33.2M	-468.0K	0.98	49.16	278	272	19,337	15,294
2023-04-05	$73.41	$74.23	33.5%	9.6%	40.4%	8.1%	35.7%	4.5%	3.4%	860.4K	-28.7M	-464.3K	0.60	17.10	203	122	19,397	15,303
2023-04-06	$73.61	$69.28	33.5%	10.6%	39.3%	8.1%	35.4%	6.2%	-0.9%	953.5K	-30.9M	-462.5K	0.24	57.60	305	73	19,467	15,352
2023-04-10	$74.20	$69.28	35.1%	10.6%	39.2%	15.3%	35.6%	6.5%	-0.4%	1.1M	-33.6M	-452.4K	0.42	62.36	118	50	19,483	15,382
2023-04-11	$76.61	$69.28	35.9%	10.5%	40.6%	18.7%	37.1%	5.4%	-1.4%	1.7M	-50.2M	-455.2K	0.81	31.57	460	371	19,522	15,395
2023-04-12	$76.52	$69.28	37.5%	10.8%	40.5%	25.8%	36.0%	5.1%	-2.4%	1.6M	-48.9M	-451.0K	0.75	68.22	720	544	19,531	15,515
2023-04-13	$79.73	$74.23	34.9%	10.0%	26.7%	14.2%	34.8%	5.6%	-0.8%	1.9M	-70.0M	-448.1K	0.28	64.18	1,471	406	19,719	15,813
2023-04-14	$79.80	$74.23	34.6%	9.9%	26.8%	12.8%	34.2%	4.9%	-1.9%	2.1M	-71.8M	-451.8K	0.17	67.00	1,548	257	20,241	15,912
2023-04-17	$78.74	$74.23	36.5%	10.5%	27.8%	21.4%	34.1%	4.5%	0.9%	2.1M	-66.2M	-454.7K	0.27	69.37	10,702	2,837	20,786	15,932
2023-04-18	$80.88	$74.23	35.4%	10.1%	26.7%	16.5%	33.6%	5.1%	0.1%	4.9M	-111.4M	-521.2K	0.23	56.66	1,617	376	28,650	15,991
2023-04-19	$80.90	$74.23	35.1%	10.1%	26.8%	15.3%	33.3%	5.1%	0.4%	4.7M	-108.9M	-531.4K	0.25	64.68	529	132	28,452	16,194
2023-04-20	$79.41	$74.23	35.2%	10.1%	28.2%	15.6%	35.0%	4.2%	1.3%	5.5M	-95.1M	-520.3K	0.27	67.93	881	237	28,544	16,238
2023-04-21	$77.72	$74.23	33.9%	9.7%	29.7%	9.7%	33.3%	4.2%	1.7%	2.6M	-74.2M	-509.3K	0.17	55.04	2,316	396	28,723	16,207
2023-04-24	$78.68	$74.23	33.2%	9.5%	29.8%	6.6%	32.9%	4.0%	2.1%	3.3M	-73.9M	-514.9K	1.86	67.79	722	1,342	26,615	13,375
2023-04-25	$74.78	$74.23	38.4%	11.0%	35.7%	29.9%	37.4%	4.6%	0.4%	1.9M	-42.1M	-511.7K	0.67	71.29	743	494	26,920	14,574
2023-04-26	$74.18	$74.23	37.3%	10.7%	35.3%	24.9%	37.3%	3.6%	1.2%	1.6M	-37.4M	-506.5K	0.39	74.77	405	157	27,043	14,786
2023-04-27	$74.61	$74.23	34.6%	9.9%	34.0%	13.0%	34.2%	3.7%	2.0%	1.8M	-39.8M	-502.4K	0.23	73.17	507	118	27,352	14,827
2023-04-28	$75.60	$74.23	33.4%	9.6%	34.3%	7.4%	32.2%	4.0%	2.7%	2.1M	-47.2M	-499.2K	0.32	70.73	348	112	27,509	14,866