SCCO Options History — May 2024

In May 2024, SCCO traded between $112.00 and $129.63. ATM implied volatility averaged 36.9%, placing in the 56.8% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded below realized volatility by 2.2% (HV 20d: 39.1%). Max pain ranged from $103.92 to $115.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.70.

Notable Days

  • 2024-05-20: Highest Volume — 5,513 contracts
  • 2024-05-15: Largest IV drop — 26.9% change
  • 2024-05-14: Highest IV Rank — 100.0%
  • 2024-05-28: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$119.00$112.00$129.63$114.53$118.52
Max Pain$108.44$103.92$115.00$103.92$115.00
ATM IV36.9%33.2%46.7%35.4%38.5%
Expected Move10.2%9.3%11.7%10.1%11.0%
HV 20d39.1%31.2%50.0%32.7%45.3%
HV 60d39.7%38.0%42.9%38.0%42.5%
IV Rank56.8%40.3%100.0%53.9%61.0%
IV Percentile83.2%61.5%100.0%78.6%91.3%
Term Structure-0.3%-1.8%0.9%-1.0%-0.1%
VWIV36.3%33.2%42.8%35.7%40.4%
Skew 25d-0.2%-1.8%2.1%-1.6%-1.2%
Skew 10d-0.0%-3.9%2.5%-2.7%0.4%
Call IV 25d36.3%33.3%41.6%36.0%40.6%
Put IV 25d36.0%33.2%41.7%34.4%39.4%
Bid-Ask Spread %71.3363.1689.6678.9476.10
Gamma HHI0.160.100.580.110.13
Net GEX2.4M1.3M8.4M1.8M1.3M
Net DEX-117.4M-162.0M-77.7M-120.9M-97.9M
Net VEX-549.3K-613.3K-502.0K-528.8K-604.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.162.110.380.29
Total Volume2,024.4097235,5131,6361,011
Total OI37,415.532,11341,33536,14241,335

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$114.53$103.9235.4%10.1%32.7%53.9%35.7%-1.6%-1.0%1.8M-120.9M-528.8K0.3878.941,18744920,45815,684
2024-05-02$112.00$103.9236.0%10.3%32.6%57.7%36.7%2.1%-0.1%1.4M-103.1M-538.8K0.9473.5173468820,62615,789
2024-05-03$114.17$103.9233.8%9.7%33.0%44.9%34.9%1.2%-1.1%1.9M-119.2M-534.6K0.1689.661,09817920,92116,103
2024-05-06$116.76$103.9237.4%10.1%33.4%65.3%34.6%-0.7%-0.6%2.6M-139.4M-519.9K0.2875.451,04128921,64216,164
2024-05-07$115.34$105.0035.3%9.6%31.2%53.7%33.7%0.1%0.0%2.0M-93.2M-532.0K0.2873.1556615718,82316,120
2024-05-08$112.43$105.0035.0%9.5%32.5%51.7%33.6%0.1%0.6%1.4M-77.7M-534.9K1.2070.5039247119,16816,163
2024-05-09$117.16$105.0034.5%9.5%35.6%49.2%33.4%-0.5%0.2%2.5M-109.0M-518.9K0.3967.8596538119,31516,321
2024-05-10$118.82$105.0033.2%9.3%35.6%41.8%33.2%-0.0%0.5%2.8M-120.6M-523.0K0.9873.341,0771,06019,76516,495
2024-05-13$120.76$105.0040.0%9.5%35.6%79.7%33.8%0.5%0.6%3.3M-132.5M-514.3K0.4570.3878635520,23317,237
2024-05-14$123.82$110.0046.7%10.1%36.4%100.0%35.1%-0.7%-0.9%3.3M-153.5M-502.0K0.1863.162,82049720,24117,432
2024-05-15$122.75$110.0034.1%9.8%36.5%40.3%34.7%0.5%-0.6%3.4M-144.7M-517.7K0.7569.681,3901,04120,66517,604
2024-05-16$120.48$110.0034.5%9.9%37.3%42.0%35.6%-0.4%-0.5%2.7M-126.5M-533.3K1.4272.1663490320,82018,022
2024-05-17$125.22$110.0035.3%10.1%38.5%45.7%35.3%-1.4%-0.4%8.4M-162.0M-505.6K0.3470.582,04669221,05218,682
2024-05-20$129.63$110.0036.5%10.5%39.3%51.4%37.0%-1.8%-0.8%2.1M-154.3M-518.0K0.7564.833,1462,36718,48913,624
2024-05-21$126.38$110.0034.8%10.0%39.6%43.4%35.4%-1.5%-0.1%2.3M-143.3M-541.4K0.6465.011,51896419,87315,395
2024-05-22$116.84$110.0037.7%10.8%50.0%57.2%37.7%-1.0%0.2%1.5M-90.6M-573.9K0.7864.472,6982,09720,31715,697
2024-05-23$116.31$110.0036.5%10.5%49.6%51.4%37.6%0.6%0.9%1.5M-86.6M-604.4K0.5771.9596254921,38016,349
2024-05-24$117.35$110.0036.7%10.5%46.5%52.4%37.6%0.0%0.5%1.7M-93.5M-604.4K0.3668.771,06238421,77016,471
2024-05-28$120.94$110.0040.7%11.7%47.1%71.4%42.8%1.7%-1.8%2.1M-115.0M-609.7K2.1169.091,3632,87022,03016,722
2024-05-29$119.48$115.0039.5%11.3%46.3%66.0%40.1%0.4%-1.6%1.6M-103.0M-611.7K0.7370.7446934322,19618,778
2024-05-30$118.24$115.0040.3%11.6%46.2%69.8%40.9%-1.5%-1.2%1.4M-96.1M-613.3K1.4969.8333650022,31018,860
2024-05-31$118.52$115.0038.5%11.0%45.3%61.0%40.4%-1.2%-0.1%1.3M-97.9M-604.8K0.2976.1078522622,35818,977