SCCO Options History — January 2024

In January 2024, SCCO traded between $77.50 and $84.36. ATM implied volatility averaged 31.9%, placing in the 22.8% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 2.6% (HV 20d: 29.3%). Max pain ranged from $71.75 to $84.13. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.74.

Notable Days

  • 2024-01-17: Highest Volume — 2,883 contracts
  • 2024-01-10: Largest IV spike — 9.1% change
  • 2024-01-31: Highest IV Rank — 31.1%
  • 2024-01-31: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$81.74$77.50$84.36$83.37$81.57
Max Pain$81.77$71.75$84.13$71.75$81.65
ATM IV31.9%28.2%34.2%30.4%34.2%
Expected Move9.3%8.7%9.8%8.7%9.8%
HV 20d29.3%25.6%38.2%38.2%25.6%
HV 60d34.9%34.4%35.5%35.5%34.5%
IV Rank22.8%9.1%31.1%17.4%31.1%
IV Percentile40.4%5.6%64.7%23.4%64.7%
Term Structure-1.5%-3.9%3.6%2.6%-3.9%
VWIV33.0%31.2%35.5%31.8%35.2%
Skew 25d2.4%1.2%3.9%1.2%2.2%
Skew 10d4.1%2.7%5.7%2.7%3.9%
Call IV 25d31.3%30.0%33.3%30.8%33.3%
Put IV 25d33.7%32.0%35.6%32.0%35.6%
Bid-Ask Spread %49.5518.2268.7961.0868.79
Gamma HHI0.150.080.250.230.11
Net GEX312.1K-147.7K943.8K870.0K217.8K
Net DEX-28.9M-57.5M72.1K-54.2M-8.2M
Net VEX-236.3K-260.1K-214.4K-243.4K-231.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.740.256.151.880.91
Total Volume886.6673572,883556787
Total OI25,089.85716,20230,66127,76318,436

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-01-02$83.37$71.7530.4%8.7%38.2%17.4%31.8%1.2%2.6%870.0K-54.2M-243.4K1.8861.0819336315,10512,658
2024-01-03$83.29$71.7530.8%8.8%35.1%18.8%31.6%1.9%3.6%943.8K-52.5M-252.6K1.4752.3062892415,14212,826
2024-01-04$83.09$81.6530.8%9.7%33.0%18.7%34.5%3.9%-1.4%664.4K-49.1M-260.1K4.2151.5114561215,49513,749
2024-01-05$82.64$81.6530.4%9.5%32.9%17.1%35.5%2.5%-0.9%553.5K-47.9M-252.7K2.4757.3329573015,55113,911
2024-01-08$84.36$81.6528.2%9.2%33.2%9.1%32.8%2.4%-1.2%572.6K-57.5M-249.2K1.6854.5738364515,67114,320
2024-01-09$83.51$84.1329.4%9.2%29.9%13.6%32.4%2.3%-0.9%574.9K-51.8M-251.3K6.1518.2210866515,69214,290
2024-01-10$82.50$84.1332.1%9.2%30.4%23.4%33.4%2.0%-1.6%385.2K-44.2M-251.4K4.3734.6910043815,80714,635
2024-01-11$82.22$84.1331.4%9.0%30.4%20.8%31.2%2.3%-1.1%483.9K-44.0M-245.6K0.4528.8927312315,98714,583
2024-01-12$82.33$84.1331.4%9.0%28.4%20.9%32.0%2.3%-0.9%460.9K-43.4M-243.6K1.1761.7318922015,92014,593
2024-01-16$78.98$84.1333.5%9.6%27.0%28.6%33.9%2.5%-1.4%-81.2K-21.5M-224.8K2.9325.594681,37015,97314,688
2024-01-17$77.50$84.1333.7%9.7%27.6%29.4%34.4%2.7%-1.9%22.4K-14.8M-219.4K3.2140.746842,19915,98014,310
2024-01-18$77.64$84.1333.8%9.7%27.2%29.6%33.2%3.1%-2.3%35.1K-18.5M-214.4K0.3753.3255020315,82413,929
2024-01-19$80.10$84.1332.4%9.3%28.5%24.6%33.0%2.0%-1.0%-121.8K-38.0M-221.9K0.3440.4740613715,92813,988
2024-01-22$79.43$84.1332.5%9.3%28.1%24.8%32.0%2.3%-1.5%-147.7K72.1K-217.7K0.5838.435243037,5628,640
2024-01-23$81.05$81.6532.2%9.2%26.4%23.9%32.9%2.4%-1.9%-43.4K-4.4M-220.8K0.4558.015872677,8638,829
2024-01-24$82.86$81.6532.6%9.3%26.8%25.4%31.8%2.5%-3.4%134.3K-11.4M-228.7K0.2568.657201838,2648,918
2024-01-25$82.64$81.6533.2%9.5%26.8%27.5%33.3%2.4%-3.4%220.5K-11.6M-233.1K0.9358.821851728,7458,932
2024-01-26$82.36$81.6531.7%9.1%26.7%22.1%31.6%2.4%-2.4%223.5K-10.7M-235.1K1.1955.902663158,8199,050
2024-01-29$82.91$81.6532.7%9.4%26.9%25.6%32.6%1.9%-3.3%317.6K-13.1M-232.9K0.4863.294172008,9419,042
2024-01-30$82.08$81.6533.2%9.5%26.5%27.6%33.6%2.3%-3.0%267.1K-10.3M-232.5K0.9648.233283159,1579,134
2024-01-31$81.57$81.6534.2%9.8%25.6%31.1%35.2%2.2%-3.9%217.8K-8.2M-231.6K0.9168.794113769,2499,187