SCCO Options History — June 2023

In June 2023, SCCO traded between $68.09 and $73.43. ATM implied volatility averaged 33.4%, placing in the 14.8% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded below realized volatility by 1.5% (HV 20d: 34.9%). Max pain ranged from $69.28 to $69.28. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 4.60.

Notable Days

2023-06-30: Highest Volume — 6,892 contracts
2023-06-12: Largest IV spike — 21.2% change
2023-06-12: Highest IV Rank — 54.9%
2023-06-02: Largest Expected Move — 11.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$71.28	$68.09	$73.43	$68.09	$70.98
Max Pain	$69.28	$69.28	$69.28	$69.28	$69.28
ATM IV	33.4%	28.4%	43.6%	35.6%	28.8%
Expected Move	9.1%	8.2%	11.1%	10.2%	8.3%
HV 20d	34.9%	25.5%	51.6%	49.9%	27.9%
HV 60d	38.4%	36.9%	41.5%	41.3%	37.5%
IV Rank	14.8%	0.0%	54.9%	20.8%	1.4%
IV Percentile	18.3%	0.0%	80.6%	23.8%	0.4%
Term Structure	2.4%	-3.4%	5.8%	-1.0%	4.4%
VWIV	32.4%	28.0%	38.4%	37.0%	35.1%
Skew 25d	3.2%	1.6%	5.2%	2.2%	2.1%
Skew 10d	7.7%	3.9%	15.0%	7.9%	5.6%
Call IV 25d	30.7%	27.7%	36.8%	35.9%	28.1%
Put IV 25d	33.9%	29.7%	39.5%	38.1%	30.2%
Bid-Ask Spread %	63.17	37.93	76.76	72.71	59.92
Gamma HHI	0.25	0.16	0.38	0.32	0.20
Net GEX	-137.0K	-1.6M	770.1K	-849.9K	79.7K
Net DEX	-20.1M	-33.1M	5.8K	5.8K	-18.2M
Net VEX	-371.0K	-403.9K	-348.7K	-382.7K	-362.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.60	0.07	36.89	0.88	36.89
Total Volume	1,117.81	101	6,892	250	6,892
Total OI	34,146.81	24,736	41,179	37,793	29,071

Daily Data (21 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
2023-06-01	$68.09	$69.28	35.6%	10.2%	49.9%	20.8%	37.0%	2.2%	-1.0%	-849.9K	5.8K	-382.7K	0.88	72.71	133	117	23,132	14,661
2023-06-02	$70.33	$69.28	38.7%	11.1%	51.6%	33.8%	38.4%	2.7%	-3.4%	-47.5K	-16.5M	-403.9K	0.25	64.52	503	126	23,765	14,605
2023-06-05	$69.72	$69.28	36.1%	9.9%	47.2%	22.8%	33.8%	5.1%	2.0%	-797.9K	-9.5M	-385.9K	0.32	62.86	225	72	23,406	14,664
2023-06-06	$70.65	$69.28	37.7%	9.7%	47.7%	29.8%	33.4%	3.9%	2.5%	-726.0K	-15.0M	-386.7K	0.27	65.33	130	35	23,537	14,689
2023-06-07	$70.69	$69.28	38.2%	9.7%	47.7%	31.7%	32.9%	3.6%	1.9%	-505.1K	-16.4M	-383.5K	0.15	67.72	128	19	23,542	14,672
2023-06-08	$71.24	$69.28	37.2%	9.5%	43.7%	27.6%	33.5%	3.3%	2.3%	-610.9K	-18.2M	-391.0K	0.41	70.18	72	29	23,628	16,101
2023-06-09	$70.57	$69.28	36.0%	9.4%	35.7%	22.4%	37.3%	3.9%	2.9%	-1.1M	-13.2M	-383.9K	34.52	69.17	33	1,151	23,646	16,130
2023-06-12	$70.07	$69.28	43.6%	9.6%	35.8%	54.9%	35.5%	4.4%	1.7%	-1.6M	-8.5M	-377.6K	1.20	50.25	124	150	23,647	17,111
2023-06-13	$71.91	$69.28	39.4%	9.1%	33.6%	36.9%	33.1%	5.1%	1.7%	-725.8K	-23.6M	-376.0K	2.45	67.39	504	1,237	23,679	17,143
2023-06-14	$72.80	$69.28	32.0%	9.2%	30.5%	5.6%	33.3%	5.2%	2.4%	-301.1K	-29.3M	-381.5K	0.38	76.76	1,036	391	23,910	17,269
2023-06-15	$73.43	$69.28	31.5%	9.0%	30.2%	3.4%	32.4%	3.8%	2.0%	770.1K	-33.1M	-358.9K	0.07	54.34	1,471	104	23,459	17,318
2023-06-16	$73.37	$69.28	30.3%	8.7%	28.8%	0.0%	30.7%	2.7%	2.4%	475.6K	-31.9M	-351.0K	0.24	72.91	419	101	23,364	17,349
2023-06-20	$72.59	$69.28	30.8%	8.8%	29.1%	2.1%	31.1%	2.5%	1.8%	363.0K	-26.2M	-349.1K	0.21	61.50	1,286	267	13,307	11,429
2023-06-21	$72.47	$69.28	29.3%	8.4%	29.2%	0.0%	29.4%	2.0%	2.6%	488.3K	-27.4M	-348.7K	0.60	48.88	835	500	14,009	11,589
2023-06-22	$73.10	$69.28	28.4%	8.2%	26.2%	0.0%	28.5%	2.1%	3.6%	646.8K	-30.0M	-366.7K	0.38	63.94	659	250	14,570	12,005
2023-06-23	$70.58	$69.28	30.1%	8.6%	26.5%	6.6%	29.0%	2.0%	2.4%	230.9K	-19.2M	-363.4K	0.66	68.76	361	238	14,764	12,071
2023-06-26	$71.93	$69.28	29.0%	8.3%	27.0%	2.3%	28.0%	2.7%	5.8%	475.0K	-25.3M	-366.7K	3.78	63.99	149	562	14,910	12,222
2023-06-27	$72.67	$69.28	28.8%	8.3%	25.5%	1.5%	29.2%	1.6%	3.0%	574.0K	-27.7M	-368.6K	0.64	72.58	298	190	14,988	12,731
2023-06-28	$70.08	$69.28	29.0%	8.3%	29.2%	2.3%	29.6%	3.2%	4.2%	200.3K	-17.6M	-353.3K	2.54	37.93	217	552	15,220	12,341
2023-06-29	$69.71	$69.28	29.6%	8.5%	29.2%	4.5%	29.8%	3.6%	5.1%	103.9K	-15.2M	-350.3K	9.79	54.94	177	1,731	15,235	12,194
2023-06-30	$70.98	$69.28	28.8%	8.3%	27.9%	1.4%	35.1%	2.1%	4.4%	79.7K	-18.2M	-362.0K	36.89	59.92	182	6,710	15,328	13,743