SCHY Options History — April 2023

In April 2023, SCHY traded between $23.77 and $24.43. ATM implied volatility averaged 18.4%, placing in the 4.6% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 8.9% (HV 20d: 9.5%). Max pain ranged from $23.00 to $25.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.02.

Notable Days

  • 2023-04-24: Highest Volume — 14 contracts
  • 2023-04-13: Largest IV drop — 39.2% change
  • 2023-04-05: Highest IV Rank — 18.8%
  • 2023-04-05: Largest Expected Move — 12.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.14$23.77$24.43$23.78$24.41
Max Pain$24.00$23.00$25.00$23.00$24.00
ATM IV18.4%9.4%43.2%40.1%9.4%
Expected Move5.0%2.7%12.4%11.5%2.7%
HV 20d9.5%6.8%14.0%14.0%7.9%
HV 60d11.1%11.0%12.0%12.0%11.1%
IV Rank4.6%0.0%18.8%17.0%0.0%
IV Percentile12.8%0.0%61.1%51.6%0.0%
Term Structure2.5%-13.8%14.9%-10.8%14.9%
VWIV26.1%9.6%82.4%14.2%14.3%
Skew 25d4.9%-34.7%67.4%-15.9%-3.1%
Skew 10d27.6%-18.8%118.5%103.8%3.5%
Call IV 25d19.5%7.8%50.6%32.7%27.6%
Put IV 25d24.3%10.0%106.5%16.7%24.5%
Bid-Ask Spread %136.51127.52145.05141.86138.40
Gamma HHI0.580.350.810.540.67
Net GEX972-1863.5K7231.2K
Net DEX-16.2K-21.3K-716-18.3K-17.4K
Net VEX-48-57-19-52-56
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.020.000.080.000.08
Total Volume1.84201400
Total OI17.7378241524

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$23.78$23.0040.1%11.5%14.0%17.0%0.0%-15.9%-10.8%723-18.3K-520.00141.86N/AN/A00141
2023-04-04$23.77$23.0036.4%10.4%12.4%14.9%0.0%-8.3%-1.1%753-18.3K-520.00144.58N/AN/A00141
2023-04-05$23.77$23.0043.2%12.4%12.4%18.8%0.0%-34.7%-13.8%688-18.2K-510.00139.93N/AN/A00141
2023-04-06$23.89$0.0026.4%5.1%12.1%9.0%0.0%10.4%-2.8%1.4K-19.5K-490.00137.40N/AN/A00141
2023-04-10$23.88$0.0024.1%7.5%12.0%7.6%0.0%-13.9%-4.5%1.1K-18.9K-480.00145.05N/AN/A01141
2023-04-11$24.05$0.0029.1%5.3%12.1%10.6%0.0%11.3%5.8%1.3K-19.7K-480.00136.40N/AN/A20142
2023-04-12$24.20$0.0019.1%5.5%12.1%4.7%0.0%8.6%-3.9%1.3K-21.3K-450.00136.64N/AN/A00142
2023-04-13$24.34$0.0011.6%3.3%8.2%0.4%14.2%17.7%4.8%940-19.8K-470.00142.41N/AN/A02142
2023-04-14$24.15$24.0011.2%3.2%8.6%0.1%0.0%2.1%14.3%133-16.4K-530.00138.96N/AN/A00144
2023-04-17$24.19$24.0010.8%3.1%7.9%0.0%82.4%2.3%6.2%660-18.7K-480.00130.73N/AN/A02144
2023-04-18$24.32$25.0010.5%3.0%7.3%0.0%9.6%7.1%4.9%5-15.2K-500.00135.92N/AN/A20146
2023-04-19$24.30$25.0010.7%3.1%7.2%0.1%0.0%7.7%5.2%734-17.6K-510.00135.32N/AN/A00156
2023-04-20$24.26$25.0010.8%3.1%7.4%0.2%9.8%39.2%3.5%150-14.7K-510.00130.38N/AN/A120156
2023-04-21$24.30$24.0010.1%2.9%7.2%0.0%0.0%7.6%6.7%-147-6.8K-200.00133.72N/AN/A0086
2023-04-24$24.36$24.0011.2%3.2%6.8%0.6%14.3%4.9%5.5%-186-716-190.08127.52N/AN/A13144
2023-04-25$24.12$24.0012.5%3.6%8.0%1.4%0.0%-15.9%3.4%3.5K-14.9K-520.00133.33N/AN/A00175
2023-04-26$24.16$24.0012.1%3.5%8.0%1.2%0.0%-2.2%5.1%3.1K-13.6K-550.00131.53N/AN/A00177
2023-04-27$24.43$24.009.7%2.8%8.4%0.0%0.0%67.4%4.5%1.0K-17.2K-570.00133.67N/AN/A00177
2023-04-28$24.41$24.009.4%2.7%7.9%0.0%0.0%-3.1%14.9%1.2K-17.4K-560.00138.40N/AN/A00177