SCCO Options History — February 2025

In February 2025, SCCO traded between $88.08 and $97.44. ATM implied volatility averaged 38.5%, placing in the 46.6% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 5.6% (HV 20d: 32.9%). Max pain ranged from $95.00 to $97.50. Net GEX was positive for 13 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.88.

Notable Days

2025-02-18: Highest Volume — 2,324 contracts
2025-02-12: Largest IV drop — 18.7% change
2025-02-11: Highest IV Rank — 65.0%
2025-02-27: Largest Expected Move — 11.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$94.12	$88.08	$97.44	$89.72	$88.08
Max Pain	$96.97	$95.00	$97.50	$97.50	$95.00
ATM IV	38.5%	34.6%	42.6%	39.9%	39.5%
Expected Move	10.8%	9.9%	11.7%	11.4%	11.3%
HV 20d	32.9%	23.7%	38.0%	23.7%	37.5%
HV 60d	30.6%	28.9%	31.7%	30.9%	31.3%
IV Rank	46.6%	29.2%	65.0%	54.1%	47.8%
IV Percentile	70.0%	31.3%	96.0%	87.3%	81.3%
Term Structure	-0.9%	-3.5%	1.0%	-2.1%	-1.9%
VWIV	37.6%	35.0%	41.1%	38.9%	39.5%
Skew 25d	0.8%	-1.5%	6.2%	6.2%	1.4%
Skew 10d	0.6%	-17.4%	3.4%	3.4%	3.4%
Call IV 25d	37.2%	34.4%	40.0%	37.0%	39.2%
Put IV 25d	38.1%	35.4%	43.2%	43.2%	40.6%
Bid-Ask Spread %	67.52	60.27	78.79	76.19	65.72
Gamma HHI	0.13	0.08	0.39	0.09	0.11
Net GEX	282.6K	-176.1K	1.6M	-52.1K	-76.6K
Net DEX	4.3M	-6.9M	17.2M	15.8M	17.2M
Net VEX	-259.6K	-274.0K	-227.1K	-227.1K	-248.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.88	0.11	3.30	0.87	0.71
Total Volume	964	321	2,324	1,115	647
Total OI	18,805.053	15,422	22,704	17,056	17,788

Daily Data (19 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
2025-02-03	$89.72	$97.50	39.9%	11.4%	23.7%	54.1%	38.9%	6.2%	-2.1%	-52.1K	15.8M	-227.1K	0.87	76.19	595	520	9,763	7,293
2025-02-04	$93.27	$97.50	40.2%	11.5%	27.6%	55.4%	40.2%	0.8%	-2.3%	62.0K	7.5M	-250.5K	0.66	78.79	624	412	9,817	7,602
2025-02-05	$92.91	$97.50	40.2%	11.5%	27.3%	55.5%	39.7%	0.7%	-3.5%	-7.9K	8.7M	-251.1K	2.95	73.37	110	325	9,799	7,784
2025-02-06	$94.95	$97.50	39.4%	10.5%	28.4%	52.0%	36.7%	-0.2%	0.1%	48.3K	4.5M	-257.7K	1.78	64.86	251	446	9,826	8,084
2025-02-07	$96.65	$97.50	37.0%	10.0%	28.2%	41.7%	35.8%	1.1%	0.9%	195.4K	-307.6K	-266.4K	0.42	65.45	1,553	653	9,947	8,287
2025-02-10	$96.90	$97.50	42.2%	10.5%	28.0%	64.3%	36.3%	-1.5%	-0.4%	411.4K	-1.7M	-266.8K	0.63	67.45	499	316	11,036	8,531
2025-02-11	$92.45	$97.50	42.6%	10.3%	32.8%	65.0%	36.6%	0.7%	-0.7%	-13.3K	12.5M	-256.5K	1.39	65.43	229	318	11,132	8,661
2025-02-12	$94.47	$97.50	34.6%	9.9%	33.8%	29.2%	35.0%	1.3%	1.0%	180.0K	4.0M	-263.9K	0.57	65.64	345	197	11,159	8,586
2025-02-13	$97.38	$97.50	36.0%	10.3%	34.6%	35.4%	36.2%	0.2%	-0.2%	724.4K	-6.9M	-269.5K	0.38	66.50	821	312	11,285	8,574
2025-02-14	$96.89	$97.50	35.9%	10.3%	34.6%	35.2%	35.7%	-0.0%	-0.4%	540.4K	-5.3M	-268.5K	0.32	65.14	902	293	11,510	8,620
2025-02-18	$97.22	$97.50	36.6%	10.5%	34.4%	38.3%	36.2%	0.3%	-0.7%	558.7K	-5.6M	-259.9K	0.20	68.86	1,929	395	11,442	8,653
2025-02-19	$96.19	$97.50	35.8%	10.3%	34.6%	34.5%	35.4%	0.9%	-0.3%	1.2M	-2.8M	-258.3K	3.30	70.56	190	627	12,924	8,848
2025-02-20	$97.44	$97.50	34.9%	10.0%	34.7%	30.3%	36.1%	-1.4%	0.6%	1.6M	-5.1M	-274.0K	0.41	67.86	600	245	12,989	9,410
2025-02-21	$93.25	$97.50	37.5%	10.8%	38.0%	42.3%	38.0%	-0.3%	-0.4%	-176.1K	12.9M	-260.2K	0.59	67.30	464	273	13,177	9,527
2025-02-24	$93.25	$97.50	38.5%	11.0%	38.0%	46.5%	38.1%	1.9%	-1.6%	-101.0K	7.2M	-260.6K	0.11	60.27	731	80	7,441	7,981
2025-02-25	$93.21	$95.00	39.5%	11.3%	37.2%	51.1%	39.7%	1.5%	-1.8%	92.5K	4.3M	-266.2K	0.95	65.06	165	156	8,328	7,980
2025-02-26	$93.73	$95.00	39.9%	11.4%	34.1%	53.1%	39.6%	0.8%	-1.1%	133.4K	3.4M	-267.1K	0.14	66.68	1,044	150	8,354	8,047
2025-02-27	$90.25	$95.00	40.7%	11.7%	36.8%	53.4%	41.1%	1.5%	-1.5%	63.7K	10.9M	-258.9K	0.28	61.77	701	198	9,042	8,069
2025-02-28	$88.08	$95.00	39.5%	11.3%	37.5%	47.8%	39.5%	1.4%	-1.9%	-76.6K	17.2M	-248.9K	0.71	65.72	378	269	9,636	8,152