SCCO Options History — June 2024

In June 2024, SCCO traded between $105.45 and $116.01. ATM implied volatility averaged 37.1%, placing in the 54.4% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded below realized volatility by 5.5% (HV 20d: 42.6%). Max pain ranged from $110.00 to $115.00. Net GEX was positive for 7 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 0.68.

Notable Days

  • 2024-06-04: Highest Volume — 7,068 contracts
  • 2024-06-06: Largest IV drop — 5.7% change
  • 2024-06-03: Highest IV Rank — 71.2%
  • 2024-06-03: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$109.20$105.45$116.01$116.01$107.90
Max Pain$112.89$110.00$115.00$115.00$110.00
ATM IV37.1%34.6%40.6%40.6%34.6%
Expected Move10.7%9.9%11.6%11.6%9.9%
HV 20d42.6%32.4%49.4%45.7%32.4%
HV 60d39.6%37.3%44.1%42.3%37.3%
IV Rank54.4%42.4%71.2%71.2%42.4%
IV Percentile85.0%71.0%98.4%98.4%71.0%
Term Structure1.6%-1.7%3.1%-1.7%3.1%
VWIV38.0%34.8%42.2%42.1%35.0%
Skew 25d0.2%-0.7%1.7%-0.1%0.3%
Skew 10d0.1%-5.7%2.8%0.9%0.6%
Call IV 25d37.7%34.2%41.8%41.8%34.7%
Put IV 25d37.9%35.0%41.8%41.7%35.0%
Bid-Ask Spread %66.2758.1273.5272.0169.06
Gamma HHI0.150.100.420.130.10
Net GEX-460.0K-2.9M979.2K979.2K603.0K
Net DEX-39.8M-80.7M-6.8M-80.7M-43.0M
Net VEX-560.5K-611.0K-527.4K-596.6K-537.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.361.680.780.82
Total Volume1,740.6845857,0681,200585
Total OI42,538.73731,94947,94141,49833,999

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-06-03$116.01$115.0040.6%11.6%45.7%71.2%42.1%-0.1%-1.7%979.2K-80.7M-596.6K0.7872.0167552522,47519,023
2024-06-04$109.80$115.0039.8%11.4%49.0%67.3%42.2%0.9%-0.9%-159.0K-36.1M-569.1K1.6867.672,6384,43022,46919,163
2024-06-05$111.89$110.0039.3%11.3%49.4%64.8%40.6%-0.7%-0.4%-211.4K-51.6M-605.1K0.6473.521,03166022,79722,100
2024-06-06$113.30$115.0037.0%11.1%48.8%54.1%38.9%-0.5%1.3%134.3K-63.7M-611.0K0.7158.9991365123,29522,179
2024-06-07$108.99$115.0036.4%10.7%48.2%51.0%37.6%1.7%2.1%-698.8K-32.1M-596.3K0.4162.681,33855023,61222,222
2024-06-10$110.17$115.0038.2%11.0%48.0%59.8%39.0%0.0%2.3%-540.7K-41.9M-587.8K0.4061.9080432024,01422,247
2024-06-11$107.50$115.0037.1%10.6%48.0%54.3%37.3%-0.4%2.2%-1.1M-20.2M-580.3K0.4566.151,45466124,13422,372
2024-06-12$107.88$115.0036.5%10.5%46.7%51.4%36.8%0.0%2.7%-1.1M-25.0M-561.8K0.3769.1067025024,09722,193
2024-06-13$106.07$115.0037.6%10.8%46.9%57.0%38.9%0.4%2.2%-1.3M-11.6M-551.5K0.8868.701,2061,06724,25622,242
2024-06-14$106.14$115.0038.1%10.9%46.7%59.4%38.4%0.1%2.5%-1.2M-15.9M-560.9K0.9269.6877971824,46522,640
2024-06-17$105.45$115.0037.6%10.8%43.6%56.7%38.3%0.5%2.4%-1.5M-6.8M-541.5K0.3767.8984531324,74722,855
2024-06-18$108.20$115.0036.9%10.6%42.6%53.5%37.5%-0.7%1.9%-1.3M-33.2M-543.3K0.5565.001,15563324,71422,543
2024-06-20$110.63$110.0037.6%10.8%43.5%56.9%39.0%0.1%0.5%-1.3M-58.3M-527.4K0.9266.511,1021,01925,14322,527
2024-06-21$109.08$110.0035.8%10.3%34.5%48.3%36.2%0.1%2.2%-2.9M-39.9M-528.8K0.3862.441,58260625,47222,469
2024-06-24$110.53$110.0035.8%10.3%35.0%48.2%36.0%0.9%2.3%875.9K-55.9M-541.1K0.3666.2082329718,08813,861
2024-06-25$109.38$110.0035.1%10.1%34.8%44.9%36.7%0.2%2.3%792.0K-50.9M-533.4K1.3458.1253071018,57714,076
2024-06-26$108.16$110.0036.1%10.4%32.5%49.8%36.5%0.0%-0.5%648.8K-45.5M-535.3K0.4066.3162124918,86414,530
2024-06-27$107.77$110.0034.6%9.9%32.4%42.4%34.8%1.0%2.8%598.1K-43.2M-540.3K0.5967.2241824519,14414,632
2024-06-28$107.90$110.0034.6%9.9%32.4%42.4%35.0%0.3%3.1%603.0K-43.0M-537.6K0.8269.0632226319,28914,710