SCCO Options History — September 2023

In September 2023, SCCO traded between $71.98 and $81.21. ATM implied volatility averaged 29.7%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 1.3% (HV 20d: 28.4%). Max pain ranged from $76.70 to $79.18. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 1.52.

Notable Days

  • 2023-09-21: Highest Volume — 2,797 contracts
  • 2023-09-11: Largest IV spike — 15.1% change
  • 2023-09-27: Highest IV Rank — 23.0%
  • 2023-09-06: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$76.87$71.98$81.21$81.21$74.56
Max Pain$78.43$76.70$79.18$79.18$76.70
ATM IV29.7%25.7%32.0%25.7%28.9%
Expected Move8.6%7.4%9.3%7.4%8.3%
HV 20d28.4%24.3%31.7%26.5%27.5%
HV 60d31.9%30.8%32.7%31.3%30.8%
IV Rank14.6%0.0%23.0%0.0%11.7%
IV Percentile8.4%0.0%22.2%0.0%4.0%
Term Structure3.7%2.4%5.2%4.7%5.0%
VWIV30.2%25.4%34.7%25.4%28.9%
Skew 25d1.8%0.4%2.9%0.4%1.3%
Skew 10d3.5%0.2%5.3%0.2%2.6%
Call IV 25d29.3%25.8%32.0%25.8%28.6%
Put IV 25d31.1%26.2%34.2%26.2%29.9%
Bid-Ask Spread %33.177.6761.7145.7253.12
Gamma HHI0.140.110.270.270.13
Net GEX134.6K-868.9K1.8M1.8M-830.1K
Net DEX-25.3M-50.1M3.0M-50.1M-12.4M
Net VEX-354.3K-377.9K-335.0K-377.9K-348.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.520.314.641.052.19
Total Volume1,383.33342,797954985
Total OI34,006.129,82738,26833,43333,571

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-09-01$81.21$79.1825.7%7.4%26.5%0.0%25.4%0.4%4.7%1.8M-50.1M-377.9K1.0545.7246648819,83213,601
2023-09-05$78.65$79.1828.9%9.1%28.6%11.9%33.6%2.5%3.2%676.4K-32.3M-363.2K1.0235.081,3391,36919,89313,982
2023-09-06$78.54$79.1830.6%9.3%28.6%18.2%34.7%2.1%2.4%847.3K-36.4M-369.4K1.6340.5560899120,81014,432
2023-09-07$77.60$79.1830.5%9.0%28.8%17.7%31.9%2.2%3.1%612.0K-30.6M-362.6K2.0112.8945892021,06114,461
2023-09-08$77.58$79.1827.6%8.7%28.8%6.9%31.4%2.2%3.7%640.7K-30.3M-358.3K4.6424.1420695621,20314,764
2023-09-11$79.70$79.1831.7%8.6%30.4%22.2%30.2%1.8%2.8%1.1M-44.3M-362.8K0.4754.5541519421,28715,530
2023-09-12$78.24$79.1831.8%8.5%31.0%22.3%29.4%1.8%3.2%369.1K-33.1M-356.6K1.0024.2126126221,43015,632
2023-09-13$77.52$79.1829.5%8.5%30.3%14.1%29.2%2.0%3.6%214.1K-27.7M-348.7K0.6917.2631221621,51815,649
2023-09-14$79.48$79.1828.9%8.3%31.7%11.6%29.2%1.3%3.0%553.0K-44.2M-348.8K0.337.671,94663721,63615,724
2023-09-15$78.99$79.1829.5%8.5%31.7%14.0%29.8%1.7%3.0%-509.4K-34.9M-354.0K2.1510.025791,24722,09516,173
2023-09-18$78.75$79.1828.9%8.3%28.9%11.9%29.1%2.2%3.0%522.6K-34.6M-359.3K0.3153.1542413017,05312,774
2023-09-19$77.69$79.1829.1%8.3%28.6%12.6%29.2%1.6%3.6%363.2K-30.0M-351.8K3.6637.663501,28017,32012,837
2023-09-20$77.10$79.1828.2%8.1%28.6%9.4%28.2%1.5%4.6%12.6K-25.1M-355.7K0.4158.102379717,50713,674
2023-09-21$75.38$79.1830.6%8.8%27.4%18.2%30.1%1.5%3.4%-271.3K-15.3M-356.2K0.7061.711,6491,14817,63213,723
2023-09-22$73.87$76.7030.0%8.6%26.0%15.7%30.1%2.0%3.9%-481.5K-8.5M-348.4K1.1060.9335438818,15614,105
2023-09-25$73.82$76.7029.3%8.4%25.8%13.3%29.9%1.7%4.2%-488.4K-8.6M-344.1K2.8317.234331,22918,28814,031
2023-09-26$72.34$76.7031.8%9.1%26.3%22.5%31.5%2.1%4.4%-833.0K1.2M-339.7K1.1016.6747752218,23414,633
2023-09-27$71.98$76.7032.0%9.2%24.3%23.0%32.9%2.9%3.8%-868.9K3.0M-335.0K1.9015.379131,73918,36814,684
2023-09-28$74.39$76.7029.7%8.5%27.5%14.8%29.8%1.8%5.2%-722.0K-12.1M-344.7K1.3117.4862381818,21414,605
2023-09-29$74.56$76.7028.9%8.3%27.5%11.7%28.9%1.3%5.0%-830.1K-12.4M-348.3K2.1953.1230967618,50915,062