SCCO Options History — August 2023

In August 2023, SCCO traded between $76.39 and $84.07. ATM implied volatility averaged 31.2%, placing in the 11.6% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded below realized volatility by 0.2% (HV 20d: 31.4%). Max pain ranged from $76.70 to $79.18. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 22 of 23 days. Put/call ratio averaged 0.95.

Notable Days

  • 2023-08-07: Highest Volume — 9,273 contracts
  • 2023-08-21: Largest IV drop — 5.9% change
  • 2023-08-17: Highest IV Rank — 22.3%
  • 2023-08-17: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$80.34$76.39$84.07$84.07$79.86
Max Pain$78.85$76.70$79.18$76.70$79.18
ATM IV31.2%27.5%33.9%30.2%27.5%
Expected Move9.0%7.9%9.7%8.6%7.9%
HV 20d31.4%25.7%38.3%37.0%25.7%
HV 60d33.4%31.2%39.6%39.6%31.2%
IV Rank11.6%0.0%22.3%7.0%0.0%
IV Percentile9.9%0.0%25.0%4.8%0.0%
Term Structure1.4%-0.2%3.1%0.8%3.1%
VWIV31.9%28.3%34.6%30.6%28.4%
Skew 25d0.5%-0.8%1.9%-0.8%0.3%
Skew 10d0.6%-2.5%5.4%-2.5%0.3%
Call IV 25d31.5%27.8%34.0%31.2%28.1%
Put IV 25d32.0%28.4%34.6%30.4%28.4%
Bid-Ask Spread %34.6511.8967.9528.0847.31
Gamma HHI0.210.150.260.200.22
Net GEX1.3M-488.5K2.2M1.6M1.2M
Net DEX-49.4M-78.4M-23.1M-78.4M-42.8M
Net VEX-375.6K-398.1K-355.6K-382.3K-366.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.023.100.371.15
Total Volume1,483.7394659,2731,188953
Total OI35,051.60928,56838,62836,56133,018

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$84.07$76.7030.2%8.6%37.0%7.0%30.6%-0.8%0.8%1.6M-78.4M-382.3K0.3728.0886732118,52518,036
2023-08-02$81.26$76.7031.7%9.1%38.3%13.1%32.7%-0.3%0.6%1.4M-62.5M-398.1K1.0119.901,3351,35018,91518,125
2023-08-03$82.91$76.7031.8%9.3%35.3%13.7%32.6%0.0%1.5%2.0M-75.9M-383.6K0.2065.2397219019,74717,507
2023-08-04$82.78$79.1830.1%9.3%34.7%6.8%34.6%-0.7%1.2%1.9M-74.2M-384.7K0.1824.622,22839019,59717,722
2023-08-07$83.11$79.1831.2%9.2%34.7%11.2%32.4%-0.4%1.0%2.2M-76.2M-376.7K0.0224.739,13314020,82017,808
2023-08-08$82.94$79.1832.9%9.4%34.8%18.0%33.4%-0.1%1.1%2.0M-60.7M-394.0K0.1832.211,11320519,00217,938
2023-08-09$82.62$79.1832.6%9.3%34.4%16.9%32.9%0.0%1.2%2.0M-60.0M-394.3K0.6726.0828719219,18118,043
2023-08-10$82.13$79.1831.8%9.1%29.9%13.9%32.1%0.6%1.6%1.8M-56.6M-390.7K0.7222.6428520619,21018,122
2023-08-11$81.10$79.1831.3%9.0%29.8%11.7%32.2%0.2%1.6%1.6M-50.8M-382.3K1.3226.5036047419,32518,188
2023-08-14$80.97$79.1832.3%9.3%29.4%15.8%32.6%0.5%1.2%1.5M-49.2M-379.5K0.7864.0354242419,47018,474
2023-08-15$79.25$79.1833.6%9.6%30.5%21.0%34.2%0.1%0.3%898.9K-39.8M-376.4K1.6237.8730349019,55918,472
2023-08-16$79.48$79.1833.6%9.6%30.5%21.1%34.3%1.1%0.0%823.7K-40.2M-376.4K0.7627.0135927319,50918,695
2023-08-17$79.13$79.1833.9%9.7%30.1%22.3%34.0%0.6%-0.2%584.8K-38.9M-377.7K0.6120.8929918319,58918,731
2023-08-18$76.39$79.1833.0%9.5%32.7%18.5%33.3%0.4%0.7%-488.5K-23.1M-370.3K1.6067.9542568219,60818,738
2023-08-21$77.82$79.1831.0%8.9%33.3%10.6%31.4%1.4%1.7%867.3K-34.2M-355.6K0.8744.231,4961,29717,51611,052
2023-08-22$78.37$79.1830.3%8.7%27.1%7.7%30.4%1.2%1.7%972.7K-36.8M-362.5K0.6240.1448029717,94311,672
2023-08-23$80.65$79.1830.6%8.8%29.1%8.8%30.3%1.8%1.6%1.4M-47.9M-372.4K0.4448.4692740618,10811,800
2023-08-24$78.08$79.1830.6%8.8%31.1%8.7%31.4%1.0%2.2%975.9K-36.8M-364.4K1.3521.5339052518,78311,944
2023-08-25$77.20$79.1830.7%8.8%30.4%9.4%30.9%0.2%2.1%745.9K-31.1M-362.7K2.1464.4230264619,00712,202
2023-08-28$77.78$79.1830.5%8.8%28.6%8.6%30.5%0.6%1.6%785.7K-33.2M-356.1K0.9916.7548948219,09312,442
2023-08-29$79.61$79.1828.8%8.3%29.1%1.7%29.5%1.9%2.4%1.2M-42.5M-361.5K3.1014.4123071319,32312,857
2023-08-30$80.23$79.1828.0%8.0%26.8%0.0%28.3%0.9%2.8%1.4M-44.2M-370.8K1.1411.8921724819,44913,322
2023-08-31$79.86$79.1827.5%7.9%25.7%0.0%28.4%0.3%3.1%1.2M-42.8M-366.6K1.1547.3144450919,55613,462