SCHY Options History — March 2023

In March 2023, SCHY traded between $22.43 and $23.60. ATM implied volatility averaged 30.4%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 17.7% (HV 20d: 12.7%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 0.08.

Notable Days

  • 2023-03-31: Highest Volume — 10 contracts
  • 2023-03-27: Largest IV spike — 366.2% change
  • 2023-03-02: Highest IV Rank — 41.4%
  • 2023-03-02: Largest Expected Move — 23.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.00$22.43$23.60$23.04$23.60
Max Pain$23.00$23.00$23.00$23.00$23.00
ATM IV30.4%11.0%81.3%79.0%32.8%
Expected Move6.8%3.1%23.3%22.6%9.4%
HV 20d12.7%9.8%15.0%10.5%13.9%
HV 60d12.6%12.0%13.4%13.4%12.0%
IV Rank11.8%0.5%41.4%40.0%12.7%
IV Percentile28.8%0.4%94.8%93.7%34.5%
Term Structure9.4%-15.2%57.0%0.7%-15.2%
VWIV14.3%10.4%17.6%14.9%10.4%
Skew 25d16.2%-18.5%108.3%-9.1%-11.8%
Skew 10d35.3%-17.6%127.4%119.6%75.0%
Call IV 25d27.6%6.9%66.0%49.0%24.8%
Put IV 25d43.8%11.4%173.2%39.9%13.0%
Bid-Ask Spread %138.81131.62143.90141.24142.39
Gamma HHI1.001.001.001.001.00
Net GEX49894887478307
Net DEX-4.5K-10.1K-164-8.8K-5.3K
Net VEX-15-19-11-19-11
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.080.000.330.330.00
Total Volume0.739010010
Total OI5.5655775

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$23.04$23.0079.0%22.6%10.5%40.0%0.0%-9.1%0.7%478-8.8K-190.00141.24N/AN/A0070
2023-03-02$23.14$23.0081.3%23.3%10.0%41.4%0.0%108.3%0.0%381-9.1K-190.00143.90N/AN/A0070
2023-03-03$23.36$23.0025.9%7.4%10.4%9.2%0.0%5.1%3.3%847-10.1K-180.00138.55N/AN/A0070
2023-03-06$23.26$23.0039.7%4.0%9.8%17.2%14.9%22.0%8.3%887-9.9K-170.33142.59N/AN/A3170
2023-03-07$22.88$23.0032.2%3.4%11.2%12.9%0.0%48.9%12.4%507-3.6K-160.00142.15N/AN/A0041
2023-03-08$22.95$23.0025.2%3.8%11.2%8.8%0.0%55.0%2.9%497-3.9K-160.00136.27N/AN/A0041
2023-03-09$22.81$23.0021.8%3.8%11.3%6.8%0.0%0.8%11.2%469-3.4K-160.00137.57N/AN/A0041
2023-03-10$22.74$23.0038.4%4.1%11.4%16.4%0.0%-7.4%11.3%458-3.1K-150.00137.44N/AN/A0141
2023-03-13$22.77$23.0057.2%4.0%11.4%27.3%0.0%58.7%16.0%378-2.0K-160.00140.84N/AN/A0042
2023-03-14$22.91$23.0031.3%4.0%11.0%12.4%0.0%11.5%15.0%243-2.4K-160.00140.97N/AN/A0042
2023-03-15$22.43$23.0027.7%7.9%13.0%10.2%17.6%34.3%-8.7%320-962-150.00139.99N/AN/A1042
2023-03-16$22.70$23.0014.0%4.0%14.0%2.3%10.4%32.5%57.0%421-1.7K-150.00138.23N/AN/A1042
2023-03-17$22.55$23.0015.8%4.5%14.1%3.4%0.0%3.1%6.6%428-164-140.00137.30N/AN/A0042
2023-03-20$22.81$23.0012.2%3.5%14.6%1.3%0.0%3.6%10.6%563-3.1K-140.00135.05N/AN/A0041
2023-03-21$23.00$23.0013.8%4.0%15.0%2.2%0.0%-10.3%15.7%545-3.9K-130.00137.63N/AN/A0041
2023-03-22$23.04$23.0013.2%3.8%14.8%1.8%0.0%-17.7%14.9%621-4.1K-130.00139.21N/AN/A0041
2023-03-23$23.00$23.0014.8%4.2%14.7%2.7%0.0%-10.6%5.1%548-3.9K-130.00134.71N/AN/A0041
2023-03-24$22.91$23.0013.1%3.8%13.9%1.8%0.0%-9.1%15.8%655-3.5K-130.00131.62N/AN/A0041
2023-03-27$23.07$23.0061.0%17.5%14.0%29.6%0.0%84.2%15.3%94-4.2K-120.00141.99N/AN/A0041
2023-03-28$23.12$23.0012.8%3.7%13.7%1.6%0.0%-18.5%16.2%705-4.5K-120.00141.66N/AN/A0041
2023-03-29$23.31$23.0011.0%3.1%13.9%0.5%0.0%6.9%8.7%683-5.5K-110.00136.56N/AN/A0041
2023-03-30$23.54$23.0026.1%7.5%14.3%9.3%0.0%-7.3%-6.7%424-5.6K-110.00134.77N/AN/A0041
2023-03-31$23.60$23.0032.8%9.4%13.9%12.7%0.0%-11.8%-15.2%307-5.3K-110.00142.39N/AN/A10041