SCHY Options History — July 2023

In July 2023, SCHY traded between $23.46 and $24.84. ATM implied volatility averaged 37.2%, placing in the 16.0% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 23.3% (HV 20d: 13.9%). Max pain ranged from $24.00 to $25.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-07-21: Highest Volume — 4 contracts
  • 2023-07-13: Largest IV spike — 418.6% change
  • 2023-07-27: Highest IV Rank — 32.6%
  • 2023-07-27: Largest Expected Move — 19.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.33$23.46$24.84$24.12$24.69
Max Pain$24.13$24.00$25.00$25.00$24.00
ATM IV37.2%10.1%66.8%33.3%27.7%
Expected Move11.3%2.9%19.1%9.5%7.9%
HV 20d13.9%11.6%16.2%11.6%13.1%
HV 60d12.2%11.0%12.7%11.0%12.3%
IV Rank16.0%0.8%32.6%13.8%10.7%
IV Percentile43.8%1.6%82.5%38.5%31.0%
Term Structure-3.2%-17.9%13.0%-9.8%-17.9%
VWIV12.0%12.0%12.0%12.0%12.0%
Skew 25d25.1%-22.2%101.2%-10.0%60.3%
Skew 10d55.6%-8.7%118.6%22.1%118.6%
Call IV 25d32.5%21.2%51.7%51.7%29.5%
Put IV 25d57.6%12.6%133.0%41.7%89.8%
Bid-Ask Spread %141.69137.77144.72144.65138.89
Gamma HHI0.410.260.720.370.33
Net GEX-279-567-48-191-115
Net DEX-2.3K-5.4K2.4K720-4.9K
Net VEX-23-35-12-35-26
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.450400
Total OI7.87987

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$24.12$25.0033.3%9.5%11.6%13.8%0.0%-10.0%-9.8%-191720-350.00144.65N/AN/A0035
2023-07-05$23.87$25.0025.0%7.2%12.1%9.1%0.0%0.3%-0.5%-2211.3K-340.00142.34N/AN/A0035
2023-07-06$23.46$0.0030.0%15.9%13.4%12.0%0.0%-14.8%-4.0%-2542.4K-310.00142.45N/AN/A0035
2023-07-07$23.56$0.0028.6%14.6%13.4%11.1%0.0%65.5%-4.5%-152-198-230.00143.39N/AN/A1034
2023-07-10$23.55$0.0032.2%5.6%13.1%13.2%0.0%-6.4%-3.5%-48-1.1K-230.00142.91N/AN/A0044
2023-07-11$23.73$0.0041.1%15.3%13.4%18.2%0.0%68.1%-4.2%-83-1.5K-230.00143.70N/AN/A0044
2023-07-12$24.23$0.0010.1%2.9%15.4%0.8%12.0%-5.9%13.0%-209-2.1K-200.00142.09N/AN/A0144
2023-07-13$24.62$24.0052.3%15.0%16.1%24.5%0.0%66.0%-5.1%-320-1.9K-230.00142.81N/AN/A0045
2023-07-14$24.51$24.0019.4%5.6%16.2%6.0%0.0%-10.5%2.6%-561-519-210.00142.80N/AN/A0035
2023-07-17$24.48$24.0020.6%5.9%15.5%6.7%0.0%-16.1%-5.8%-567-348-200.00142.35N/AN/A1035
2023-07-18$24.51$24.0055.9%16.0%15.5%26.5%0.0%-15.4%-6.2%-555-2.9K-200.00140.99N/AN/A0045
2023-07-19$24.52$24.0024.5%7.0%15.0%8.9%0.0%70.1%-6.5%-253-2.3K-350.00140.90N/AN/A0045
2023-07-20$24.54$24.0053.7%15.4%14.0%25.3%0.0%1.7%-5.1%-357-2.3K-320.00137.81N/AN/A0245
2023-07-21$24.59$24.0025.0%7.2%13.8%9.1%0.0%-11.7%-6.3%-329-5.1K-130.00142.43N/AN/A0443
2023-07-24$24.66$24.0052.4%15.0%13.3%24.5%0.0%90.5%12.3%-119-5.1K-230.00141.08N/AN/A0043
2023-07-25$24.77$24.0054.5%15.6%13.3%25.7%0.0%-22.2%11.2%-359-5.2K-130.00144.72N/AN/A0043
2023-07-26$24.84$24.0065.1%18.7%13.2%31.7%0.0%101.2%-7.8%-359-5.2K-120.00140.74N/AN/A0043
2023-07-27$24.66$24.0066.8%19.1%13.5%32.6%0.0%97.0%-8.8%-328-4.9K-120.00139.00N/AN/A0043
2023-07-28$24.73$24.0025.7%7.4%13.4%9.5%0.0%-5.1%-8.1%-196-5.4K-220.00137.77N/AN/A0043
2023-07-31$24.69$24.0027.7%7.9%13.1%10.7%0.0%60.3%-17.9%-115-4.9K-260.00138.89N/AN/A0043