SCHY Options History — May 2023

In May 2023, SCHY traded between $23.31 and $24.61. ATM implied volatility averaged 32.8%, placing in the 13.8% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 23.1% (HV 20d: 9.7%). Max pain ranged from $24.00 to $26.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.25.

Notable Days

  • 2023-05-11: Highest Volume — 6 contracts
  • 2023-05-18: Largest IV spike — 277.6% change
  • 2023-05-31: Highest IV Rank — 47.6%
  • 2023-05-31: Largest Expected Move — 26.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.10$23.31$24.61$24.38$23.31
Max Pain$24.77$24.00$26.00$24.00$25.00
ATM IV32.8%8.7%91.3%9.0%91.3%
Expected Move9.5%2.5%26.2%2.6%26.2%
HV 20d9.7%8.0%11.1%8.0%11.0%
HV 60d11.1%10.8%11.4%11.0%11.4%
IV Rank13.8%0.0%47.6%0.0%47.6%
IV Percentile35.2%0.0%96.8%0.0%96.8%
Term Structure2.8%-23.3%57.6%7.7%-23.3%
VWIV37.3%8.9%76.4%12.0%8.9%
Skew 25d33.2%-5.9%113.1%-4.4%60.8%
Skew 10d59.6%-6.1%135.0%77.2%115.4%
Call IV 25d26.2%9.9%44.0%29.5%18.5%
Put IV 25d59.4%16.6%136.3%25.1%79.3%
Bid-Ask Spread %137.13131.55141.75137.36138.16
Gamma HHI0.590.290.890.670.29
Net GEX2.3K-3529.2K1.2K-243
Net DEX-4.5K-17.1K10.6K-17.1K8.7K
Net VEX-49-62-33-52-33
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.250.005.000.000.00
Total Volume1.3180603
Total OI24.63611382412

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$24.38$24.009.0%2.6%8.0%0.0%0.0%-4.4%7.7%1.2K-17.1K-520.00137.36N/AN/A00177
2023-05-02$24.17$24.0011.9%3.4%8.5%1.7%12.0%9.8%13.9%3.7K-14.6K-470.00132.27N/AN/A01177
2023-05-03$24.27$24.008.7%2.5%8.5%0.0%0.0%85.0%17.6%1.1K-14.6K-520.00136.40N/AN/A00178
2023-05-04$24.31$24.0010.2%14.6%8.5%0.9%74.8%-2.0%-4.4%1.7K-16.7K-470.00136.72N/AN/A03178
2023-05-05$24.61$24.0028.8%5.2%9.3%11.6%0.0%2.4%-2.9%1.0K-16.7K-590.00134.80N/AN/A001711
2023-05-08$24.61$24.0031.0%6.4%9.3%12.8%0.0%-2.3%-5.7%1.0K-16.4K-550.00138.00N/AN/A001711
2023-05-09$24.54$24.0033.2%5.3%9.2%14.1%0.0%0.1%-3.4%1.2K-16.0K-510.00133.86N/AN/A001711
2023-05-10$24.44$24.0049.0%14.0%9.1%23.2%0.0%66.6%10.7%1.1K-13.2K-560.00141.52N/AN/A201711
2023-05-11$24.23$24.0014.2%4.1%9.5%3.2%76.4%-0.3%-2.9%2.8K-10.6K-495.00133.71N/AN/A151911
2023-05-12$24.18$24.0019.2%5.5%9.1%6.0%0.0%16.0%-3.7%5.0K-5.8K-620.00137.95N/AN/A002016
2023-05-15$24.37$24.0019.8%5.7%9.5%6.4%0.0%1.9%4.3%2.6K-9.6K-511.00131.55N/AN/A222016
2023-05-16$24.14$24.0057.7%16.5%9.9%28.2%22.8%50.3%-7.2%7.1K-929-540.00137.08N/AN/A202018
2023-05-17$24.18$24.0015.2%4.4%9.9%3.8%28.7%-5.9%-5.1%6.4K-9.7K-450.00134.27N/AN/A021915
2023-05-18$24.02$26.0057.5%16.5%10.2%28.1%0.0%-2.6%13.9%9.2K5.4K-510.00140.23N/AN/A011917
2023-05-19$24.13$26.0053.2%15.2%10.3%25.6%8.9%77.7%17.6%6.8K-3.7K-461.50141.75N/AN/A231918
2023-05-22$24.16$26.0056.2%16.1%10.2%27.3%0.0%100.9%57.6%-2626.8K-430.00139.04N/AN/A0038
2023-05-23$23.95$26.0062.8%18.0%10.1%31.2%0.0%113.1%-3.3%-3157.7K-430.00138.69N/AN/A0038
2023-05-24$23.63$26.0022.4%6.4%11.1%7.9%0.0%6.2%-3.8%-35210.6K-420.00137.03N/AN/A0039
2023-05-25$23.45$26.0017.9%5.1%10.3%5.3%0.0%93.5%2.8%-3319.2K-450.00139.82N/AN/A0049
2023-05-26$23.63$26.0024.5%7.0%10.9%9.1%0.0%27.9%-4.2%-3499.1K-460.00137.75N/AN/A0049
2023-05-30$23.52$26.0027.2%7.8%10.9%10.6%0.0%34.8%-14.8%-35010.2K-400.00138.90N/AN/A0049
2023-05-31$23.31$25.0091.3%26.2%11.0%47.6%0.0%60.8%-23.3%-2438.7K-330.00138.16N/AN/A3048