SCCO Options History — October 2023

In October 2023, SCCO traded between $68.89 and $74.61. ATM implied volatility averaged 35.9%, placing in the 37.5% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 7.8% (HV 20d: 28.2%). Max pain ranged from $71.75 to $76.70. Net GEX was positive for 4 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.53.

Notable Days

  • 2023-10-26: Highest Volume — 2,515 contracts
  • 2023-10-11: Largest IV spike — 9.8% change
  • 2023-10-20: Highest IV Rank — 48.1%
  • 2023-10-20: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$71.54$68.89$74.61$72.81$69.98
Max Pain$74.34$71.75$76.70$76.70$74.23
ATM IV35.9%32.4%38.8%33.1%33.7%
Expected Move10.5%9.5%11.1%9.5%9.7%
HV 20d28.2%25.5%30.5%27.4%28.5%
HV 60d28.8%26.9%30.7%30.7%27.1%
IV Rank37.5%24.6%48.1%27.1%29.3%
IV Percentile55.5%25.4%78.2%29.8%37.3%
Term Structure-0.6%-2.9%3.2%3.2%-0.0%
VWIV36.7%33.4%38.7%33.4%33.4%
Skew 25d2.6%1.3%3.4%2.5%2.3%
Skew 10d4.4%1.6%6.3%4.1%2.6%
Call IV 25d35.5%32.1%37.5%32.1%32.7%
Put IV 25d38.2%34.6%40.5%34.6%34.9%
Bid-Ask Spread %51.3416.0867.6116.0830.95
Gamma HHI0.170.100.530.140.14
Net GEX-885.6K-2.0M299.6K-1.0M-270.5K
Net DEX-475.4K-15.1M18.2M-479.8K-2.2M
Net VEX-296.5K-339.6K-254.0K-335.2K-274.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.530.198.882.861.22
Total Volume954.3642622,5151,058522
Total OI32,245.86426,05734,75833,65031,342

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$72.81$76.7033.1%9.5%27.4%27.1%33.4%2.5%3.2%-1.0M-479.8K-335.2K2.8616.0827478418,62615,024
2023-10-03$72.68$76.7036.3%10.4%25.5%38.7%36.1%2.4%2.1%-931.2K-512.5K-339.6K1.6520.3757895318,69915,199
2023-10-04$72.60$76.7035.0%10.0%25.5%34.1%35.1%1.6%2.6%-906.6K-914.2K-330.1K0.8164.2033927618,42414,746
2023-10-05$71.04$74.2334.2%10.9%26.2%31.0%38.7%3.2%-0.6%-1.0M8.6M-319.7K0.9659.8516616018,46414,775
2023-10-06$73.44$74.2332.4%10.6%29.4%24.6%37.3%3.1%-1.7%-966.9K-6.3M-330.2K2.5356.9923258918,61714,780
2023-10-09$73.53$74.2334.9%10.7%27.3%33.7%37.8%3.0%-1.1%-1.1M-7.0M-326.6K0.7056.8421214818,67114,933
2023-10-10$74.61$74.2333.1%10.6%27.5%27.2%36.8%1.8%-0.9%-940.0K-15.1M-324.7K0.6855.6526918418,72014,996
2023-10-11$73.52$74.2336.4%10.4%27.7%39.0%36.6%3.0%-0.5%-1.3M-6.1M-313.5K2.4455.5214335118,82215,077
2023-10-12$71.40$74.2336.3%10.4%27.2%38.8%36.0%3.4%-0.3%-1.5M9.8M-297.4K3.3052.303091,02218,87015,113
2023-10-13$71.29$74.2338.0%10.9%27.3%45.2%38.4%2.9%-1.6%-1.6M9.6M-301.0K0.6562.4615910318,97515,509
2023-10-16$72.49$74.2337.8%10.8%28.3%44.4%37.6%2.2%-1.7%-1.7M2.7M-296.9K0.1961.0565212419,00415,547
2023-10-17$73.02$74.2336.0%10.3%28.4%37.8%34.8%2.9%-1.6%-2.0M-357.1K-290.3K0.2264.5366214218,87815,558
2023-10-18$70.53$74.2336.5%10.5%30.5%39.6%36.9%3.2%-0.9%-1.7M18.2M-274.6K2.3165.114411,01719,20515,553
2023-10-19$69.85$74.2338.7%11.1%29.8%47.7%38.1%2.2%-2.3%-1.4M12.8M-269.7K0.3467.3087530019,38114,586
2023-10-20$69.66$74.2338.8%11.1%29.2%48.1%38.6%3.0%-2.5%-1.9M13.4M-267.8K0.8566.3155647220,03714,696
2023-10-23$69.78$74.2338.8%11.1%29.2%47.9%38.7%2.9%-2.9%218.7K-7.5M-260.4K0.5367.6166635015,39710,660
2023-10-24$70.80$74.2338.1%10.9%29.1%45.5%38.0%3.3%-2.4%299.6K-11.0M-265.2K0.7256.8138727915,59110,830
2023-10-25$68.89$74.2337.1%10.6%30.5%41.7%37.4%2.5%-1.0%127.9K-3.9M-254.0K0.3866.681,32650815,83810,906
2023-10-26$69.91$71.7536.4%10.4%28.4%39.0%37.3%1.3%-0.9%272.0K-8.1M-274.5K8.8824.132552,26016,70311,316
2023-10-27$70.75$71.7535.1%10.1%28.8%34.3%35.6%2.8%0.6%-77.8K-6.8M-293.2K0.8133.0977362716,80413,414
2023-10-30$71.23$74.2334.1%9.8%27.9%30.8%34.7%2.7%1.0%-22.4K-9.3M-284.3K0.6525.6833321817,30713,816
2023-10-31$69.98$74.2333.7%9.7%28.5%29.3%33.4%2.3%-0.0%-270.5K-2.2M-274.7K1.2230.9523528717,40213,940