SCHY Options History — March 2022

In March 2022, SCHY traded between $24.22 and $25.96. ATM implied volatility averaged 36.4%, placing in the 27.1% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 16.3% (HV 20d: 20.1%). Max pain ranged from $25.00 to $28.00. Net GEX was positive for 12 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 1.45.

Notable Days

  • 2022-03-16: Highest Volume — 5 contracts
  • 2022-03-30: Largest IV spike — 130.7% change
  • 2022-03-17: Highest IV Rank — 50.2%
  • 2022-03-07: Largest Expected Move — 22.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.22$24.22$25.96$25.18$25.73
Max Pain$27.08$25.00$28.00$28.00$25.00
ATM IV36.4%10.1%77.3%39.4%12.6%
Expected Move11.7%6.9%22.2%11.3%7.1%
HV 20d20.1%15.9%22.6%15.9%18.3%
HV 60d14.6%12.8%15.5%12.8%15.5%
IV Rank27.1%3.8%50.2%50.2%7.2%
IV Percentile32.0%1.5%84.9%84.9%2.9%
Term Structure-0.8%-14.6%29.1%-12.5%11.2%
VWIV55.5%26.7%89.8%48.2%26.8%
Skew 25d8.1%-15.4%21.9%-15.0%11.6%
Skew 10d4.1%-18.7%18.3%6.3%7.2%
Call IV 25d36.4%15.6%51.3%47.4%24.7%
Put IV 25d44.4%29.2%57.0%32.5%36.3%
Bid-Ask Spread %142.90130.94152.75141.76139.26
Gamma HHI0.580.370.900.620.43
Net GEX50-536581-39446
Net DEX1.3K-2.9K4.4K2.1K-2.2K
Net VEX-7-16-1-2-14
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.450.504.001.000.50
Total Volume2.6091523
Total OI2.9132624

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$25.18$28.0039.4%11.3%15.9%0.0%48.2%-15.0%-12.5%-392.1K-21.00141.76N/AN/A1111
2022-03-02$25.46$28.0041.4%11.9%16.4%0.0%46.1%4.7%-7.2%-482.1K-21.00142.18N/AN/A1111
2022-03-03$25.14$28.0037.0%10.6%16.5%0.0%50.9%13.3%-7.6%-392.1K-21.00141.62N/AN/A1111
2022-03-04$24.65$28.0047.6%13.7%17.7%0.0%67.4%5.9%-9.9%-282.0K-21.00144.48N/AN/A1111
2022-03-07$24.22$28.0077.3%22.2%18.5%0.0%79.8%5.7%-14.0%-221.9K-11.00151.41N/AN/A1111
2022-03-08$24.32$28.0041.2%20.0%18.5%0.0%80.8%5.7%-11.5%-262.1K-11.00148.32N/AN/A1111
2022-03-09$25.07$28.0038.8%16.0%21.8%0.0%76.4%4.5%-11.2%-342.0K-11.00148.82N/AN/A1111
2022-03-10$24.83$28.0031.7%14.6%21.8%0.0%71.4%4.9%-6.2%-342.2K-11.00141.83N/AN/A1111
2022-03-11$24.62$28.0038.9%17.0%21.8%0.0%89.8%4.0%-10.6%-302.1K-12.00148.88N/AN/A1211
2022-03-14$24.61$0.0047.6%10.7%21.8%0.0%0.0%8.5%-13.0%-813.9K-71.00131.56N/AN/A2212
2022-03-15$24.86$0.0047.7%10.6%22.3%0.0%0.0%10.0%-11.2%23.1K-92.00132.43N/AN/A1222
2022-03-16$25.16$0.0046.8%10.1%22.4%0.0%0.0%-15.4%-12.9%93.1K-94.00130.94N/AN/A1422
2022-03-17$25.40$0.0044.8%19.1%22.6%50.2%0.0%11.3%23.9%-5364.4K-104.00145.82N/AN/A1424
2022-03-18$25.47$0.0032.7%7.5%22.3%34.1%0.0%16.2%-8.2%1803.7K-94.00138.58N/AN/A1424
2022-03-21$25.39$0.0037.7%8.6%22.3%40.8%0.0%21.9%-12.7%1741.1K-80.00145.66N/AN/A0111
2022-03-22$25.60$0.0021.0%6.9%22.3%18.3%0.0%3.2%14.9%62722-90.00139.31N/AN/A0111
2022-03-23$25.43$0.0041.9%9.9%22.4%46.4%0.0%15.8%-14.6%45578-90.00150.79N/AN/A0111
2022-03-24$25.59$0.0025.5%8.3%21.2%24.4%0.0%15.5%19.2%55603-90.00145.52N/AN/A0111
2022-03-25$25.76$0.0025.2%11.4%19.4%24.0%53.4%19.4%29.1%57499-90.50152.75N/AN/A2111
2022-03-28$25.68$25.0027.9%8.4%19.4%27.6%31.7%18.6%18.2%206-2.6K-160.50145.57N/AN/A2131
2022-03-29$25.94$25.0010.1%7.2%18.9%3.8%27.2%4.0%14.2%581-2.8K-160.50139.64N/AN/A2131
2022-03-30$25.96$25.0023.2%7.0%18.6%21.3%26.7%11.7%14.8%261-2.9K-160.50139.55N/AN/A2131
2022-03-31$25.73$25.0012.6%7.1%18.3%7.2%26.8%11.6%11.2%446-2.2K-140.50139.26N/AN/A2131