SCHY Options History — September 2023

In September 2023, SCHY traded between $22.88 and $23.91. ATM implied volatility averaged 38.5%, placing in the 16.8% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 27.0% (HV 20d: 11.5%). Max pain ranged from $23.00 to $24.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-09-21: Highest Volume — 9 contracts
  • 2023-09-11: Largest IV spike — 238.7% change
  • 2023-09-12: Highest IV Rank — 90.1%
  • 2023-09-01: Largest Expected Move — 23.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.47$22.88$23.91$23.65$23.02
Max Pain$23.35$23.00$24.00$23.00$24.00
ATM IV38.5%8.2%169.1%81.2%11.1%
Expected Move8.9%2.4%23.3%23.3%3.2%
HV 20d11.5%10.2%12.2%11.5%10.5%
HV 60d12.5%11.9%12.8%12.7%11.9%
IV Rank16.8%0.0%90.1%40.7%1.6%
IV Percentile40.3%0.0%99.2%91.3%7.5%
Term Structure-3.4%-14.4%11.1%-12.5%11.1%
VWIV39.9%13.5%91.7%13.5%14.7%
Skew 25d16.4%-15.3%78.0%-5.4%-0.7%
Skew 10d34.2%-8.1%90.3%1.9%-0.8%
Call IV 25d29.5%17.7%44.9%35.5%22.1%
Put IV 25d45.9%11.4%122.9%30.2%21.3%
Bid-Ask Spread %142.70135.89149.62135.89141.67
Gamma HHI0.360.260.570.270.46
Net GEX-641-2.7K384-73-2.1K
Net DEX-865-7.4K10.4K-7.0K8.7K
Net VEX-30-40-15-24-38
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.650900
Total OI13.058171217

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$23.65$23.0081.2%23.3%11.5%40.7%0.0%-5.4%-12.5%-73-7.0K-240.00135.89N/AN/A0075
2023-09-05$23.45$23.0012.2%5.9%11.6%2.0%0.0%-15.3%-5.0%-5-5.9K-320.00142.35N/AN/A0075
2023-09-06$23.39$23.0011.5%6.1%11.5%1.5%13.5%-12.0%-14.4%384-6.0K-260.00143.06N/AN/A0175
2023-09-07$23.38$23.0012.3%6.3%11.5%2.0%0.0%4.9%-5.9%-57-4.6K-350.00143.64N/AN/A0076
2023-09-08$23.41$23.0015.0%6.2%11.5%3.5%0.0%-0.3%-8.2%67-5.2K-300.00141.31N/AN/A0076
2023-09-11$23.64$23.0050.9%5.4%12.0%23.7%0.0%-5.4%-3.8%-2-6.6K-260.00139.59N/AN/A0076
2023-09-12$23.59$23.00169.1%5.6%12.1%90.1%0.0%-6.7%-4.1%-86-5.9K-300.00139.97N/AN/A0076
2023-09-13$23.54$23.0020.1%5.8%11.1%6.4%0.0%-7.5%-4.4%-38-6.1K-230.00140.03N/AN/A0076
2023-09-14$23.91$23.0055.1%15.8%12.2%26.0%0.0%66.7%-4.5%121-6.0K-300.00146.86N/AN/A0076
2023-09-15$23.84$23.0055.9%16.0%12.1%26.5%0.0%-2.4%-10.5%-208-7.4K-240.00144.35N/AN/A1076
2023-09-18$23.82$23.0058.1%16.6%12.2%27.7%0.0%71.0%-5.3%-151-2.3K-260.00149.62N/AN/A0045
2023-09-19$23.81$23.0059.5%17.0%12.2%28.5%0.0%72.1%-5.9%-149-2.2K-270.00147.85N/AN/A0045
2023-09-20$23.80$23.0060.9%17.5%11.9%29.3%91.7%74.3%-6.4%-175-188-240.00146.96N/AN/A0135
2023-09-21$23.48$24.0026.1%7.5%12.0%9.7%14.7%-0.8%-9.3%-850710-150.00143.09N/AN/A0936
2023-09-22$23.45$24.0023.8%6.8%11.1%8.5%0.0%78.0%-8.9%-7995.7K-370.00144.92N/AN/A00313
2023-09-25$23.27$24.0013.8%4.0%11.4%2.8%0.0%-5.5%3.7%-2.0K5.6K-300.00140.41N/AN/A00313
2023-09-26$23.02$24.0012.0%3.4%11.6%1.9%0.0%10.0%9.3%-1.8K8.0K-370.00144.02N/AN/A01313
2023-09-27$22.88$24.008.2%2.4%10.2%0.0%0.0%1.0%10.7%-2.7K10.4K-400.00136.78N/AN/A00314
2023-09-28$23.02$24.0013.2%3.8%10.5%2.8%0.0%11.9%5.9%-2.1K9.0K-380.00141.62N/AN/A00314
2023-09-29$23.02$24.0011.1%3.2%10.5%1.6%0.0%-0.7%11.1%-2.1K8.7K-380.00141.67N/AN/A00314