SCCO Options History — February 2024

In February 2024, SCCO traded between $77.12 and $82.73. ATM implied volatility averaged 29.6%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded below realized volatility by 0.2% (HV 20d: 29.8%). Max pain ranged from $79.18 to $81.65. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.84.

Notable Days

2024-02-16: Highest Volume — 1,868 contracts
2024-02-02: Largest IV drop — 11.2% change
2024-02-01: Highest IV Rank — 29.7%
2024-02-21: Largest Expected Move — 8.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$80.50	$77.12	$82.73	$82.73	$80.20
Max Pain	$79.92	$79.18	$81.65	$81.65	$79.18
ATM IV	29.6%	27.6%	33.8%	33.8%	30.7%
Expected Move	8.4%	7.8%	8.9%	8.4%	8.8%
HV 20d	29.8%	26.1%	32.9%	26.1%	32.9%
HV 60d	34.3%	32.4%	34.9%	34.6%	32.4%
IV Rank	14.4%	6.8%	29.7%	29.7%	18.4%
IV Percentile	21.3%	2.4%	60.3%	60.3%	36.5%
Term Structure	1.2%	0.3%	2.1%	1.4%	0.3%
VWIV	29.5%	27.7%	31.3%	29.6%	30.6%
Skew 25d	1.8%	1.3%	2.5%	1.8%	1.5%
Skew 10d	3.9%	2.7%	5.7%	3.4%	3.9%
Call IV 25d	28.9%	27.4%	30.5%	29.2%	30.0%
Put IV 25d	30.7%	28.9%	32.8%	31.0%	31.5%
Bid-Ask Spread %	60.38	22.94	81.01	66.54	74.64
Gamma HHI	0.12	0.09	0.20	0.12	0.11
Net GEX	266.4K	-654.7K	800.5K	378.9K	546.9K
Net DEX	-7.2M	-19.5M	10.4M	-13.3M	-10.6M
Net VEX	-236.0K	-254.0K	-217.4K	-236.5K	-243.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.84	0.15	2.56	0.71	1.05
Total Volume	765	340	1,868	390	983
Total OI	19,013.95	17,113	20,459	18,770	18,503

Daily Data (20 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
2024-02-01	$82.73	$81.65	33.8%	8.4%	26.1%	29.7%	29.6%	1.8%	1.4%	378.9K	-13.3M	-236.5K	0.71	66.54	228	162	9,510	9,260
2024-02-02	$81.19	$81.65	30.0%	8.3%	26.9%	15.9%	28.9%	2.0%	2.0%	218.8K	-7.1M	-234.6K	0.37	68.21	453	167	9,565	9,349
2024-02-05	$78.77	$81.65	29.6%	8.0%	28.8%	14.3%	28.9%	2.1%	1.4%	-135.6K	2.7M	-217.4K	1.55	34.05	312	485	9,713	9,392
2024-02-06	$81.26	$81.65	28.9%	7.8%	30.1%	11.7%	27.7%	1.3%	2.1%	159.8K	-6.8M	-225.4K	0.50	22.94	318	161	9,785	9,831
2024-02-07	$81.07	$81.65	27.6%	7.9%	30.0%	6.8%	28.6%	1.8%	1.8%	139.7K	-6.0M	-226.5K	1.53	56.79	301	462	9,917	9,833
2024-02-08	$79.95	$79.18	28.3%	8.1%	30.1%	9.5%	28.3%	1.6%	1.7%	-114.9K	-1.2M	-225.4K	0.40	24.29	278	111	10,060	10,077
2024-02-09	$79.27	$79.18	28.3%	8.1%	30.2%	9.4%	28.2%	1.6%	2.0%	-235.5K	1.4M	-223.1K	0.26	52.02	1,229	318	10,220	10,110
2024-02-12	$79.44	$81.65	28.7%	8.2%	30.2%	11.2%	28.9%	2.0%	0.9%	-61.4K	3.7M	-227.6K	0.74	45.57	444	329	9,639	10,193
2024-02-13	$77.12	$79.18	30.3%	8.7%	28.3%	16.9%	30.0%	2.4%	0.5%	-654.7K	10.4M	-219.6K	1.35	72.34	624	845	9,833	10,125
2024-02-14	$79.25	$79.18	28.3%	8.1%	29.2%	9.4%	28.7%	2.1%	1.5%	-9.9K	993.1K	-226.3K	0.42	57.77	373	156	9,804	9,909
2024-02-15	$82.07	$79.18	28.3%	8.1%	31.6%	9.5%	28.9%	1.7%	1.5%	577.6K	-12.0M	-232.2K	0.54	64.27	644	346	9,939	9,954
2024-02-16	$82.73	$79.18	30.8%	8.8%	29.9%	18.7%	30.5%	1.3%	0.4%	558.4K	-16.8M	-247.1K	0.15	70.79	1,628	240	10,428	10,031
2024-02-20	$81.40	$79.18	30.8%	8.8%	30.4%	18.7%	31.3%	1.8%	0.6%	580.3K	-15.3M	-251.6K	1.14	71.32	319	364	9,124	7,989
2024-02-21	$82.50	$79.18	31.1%	8.9%	29.9%	19.7%	30.6%	2.5%	0.3%	672.6K	-18.9M	-254.0K	0.21	67.39	476	101	9,345	8,244
2024-02-22	$82.51	$79.18	29.4%	8.4%	28.8%	13.7%	29.8%	1.4%	1.2%	800.5K	-19.5M	-252.1K	0.87	64.55	274	239	9,614	8,265
2024-02-23	$81.29	$79.18	28.2%	8.1%	29.3%	9.1%	30.3%	1.6%	1.6%	698.7K	-14.9M	-253.4K	2.56	67.96	191	488	9,739	8,433
2024-02-26	$79.23	$79.18	29.9%	8.6%	30.6%	15.5%	30.6%	1.4%	0.6%	410.1K	-7.2M	-242.0K	0.82	73.58	239	196	9,796	8,264
2024-02-27	$79.93	$79.18	29.6%	8.5%	30.7%	14.4%	29.3%	1.9%	0.9%	519.6K	-9.8M	-242.8K	0.41	81.01	241	99	9,858	8,295
2024-02-28	$78.18	$79.18	30.0%	8.6%	31.4%	15.9%	30.5%	1.8%	0.8%	278.7K	-4.1M	-238.4K	1.15	71.57	221	255	9,968	8,365
2024-02-29	$80.20	$79.18	30.7%	8.8%	32.9%	18.4%	30.6%	1.5%	0.3%	546.9K	-10.6M	-243.9K	1.05	74.64	479	504	9,982	8,521